ICLR vs TTEK
Icon PLC and Tetra Tech Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | ICLR | TTEK |
|---|---|---|
| Revenue | $8.3B | $5.4B |
| Net income | $229.3M | $247.9M |
| Gross margin | 26.4% | 17.7% |
| Net margin | 2.8% | 4.6% |
| Return on equity | 2.5% | 13.7% |
| Diluted EPS | $2.90 | $0.93 |
| Dividend / share | · | $0.25 |
| Payout ratio | · | 26.2% |
| Free cash flow | $862.0M | $439.1M |
| Equity | $9.2B | $1.8B |
| Net debt / equity | 0.24× | 0.33× |
| Current ratio | 1.10× | 1.18× |
| Revenue CAGR 5y | 24.2% | 12.7% |
| Profit CAGR 5y | −7.2% | 7.4% |
ICLR bills 1.5× the revenue of TTEK, and TTEK keeps more of each dollar of revenue as profit (4.6% against 2.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | ICLR | TTEK |
|---|---|---|
| FY2025 | $8.3B | $5.4B |
| FY2024 | $8.2B | $5.2B |
| FY2023 | $8.1B | $4.5B |
| FY2022 | $7.7B | $3.5B |
| FY2021 | $5.5B | $3.2B |
| FY2020 | $2.8B | $3.0B |
| FY2019 | $2.8B | $3.1B |
| FY2018 | $2.6B | $3.0B |
| FY2017 | $1.8B | $2.8B |
| FY2016 | $1.7B | $2.6B |
Bottom line
| Fiscal year | ICLR | TTEK |
|---|---|---|
| FY2025 | $229.3M | $247.9M |
| FY2024 | $739.1M | $333.4M |
| FY2023 | $554.2M | $273.5M |
| FY2022 | $505.3M | $263.2M |
| FY2021 | $153.2M | $232.8M |
| FY2020 | $332.3M | $173.9M |
| FY2019 | $374.0M | $158.8M |
| FY2018 | $322.7M | $137.0M |
| FY2017 | $281.5M | $117.9M |
| FY2016 | $262.2M | $83.9M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$2,808,750,000 | ICLR |
| FY2024 | +$2,990,311,000 | ICLR |
| FY2023 | +$3,532,376,000 | ICLR |
| FY2022 | +$4,237,338,000 | ICLR |
| FY2021 | +$2,267,313,000 | ICLR |
| FY2020 | −$197,603,000 | TTEK |
| FY2019 | −$301,509,000 | TTEK |
| FY2018 | −$368,371,000 | TTEK |
| FY2017 | −$994,921,000 | TTEK |
| FY2016 | −$916,982,000 | TTEK |
| FY2015 | −$724,343,000 | TTEK |
| FY2014 | −$980,498,000 | TTEK |
| FY2013 | −$1,277,697,000 | TTEK |
| FY2012 | −$1,596,069,000 | TTEK |
| FY2011 | −$1,627,415,000 | TTEK |
| FY2010 | −$1,301,188,000 | TTEK |
| FY2009 | −$1,399,872,000 | TTEK |
| FY2008 | −$1,280,006,000 | TTEK |
The higher-revenue side has changed between ICLR and TTEK over this period. The gap has widened since the earliest year compared.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −1.8 pp | TTEK |
| FY2024 | +2.6 pp | ICLR |
| FY2023 | +0.8 pp | ICLR |
| FY2022 | −1.0 pp | TTEK |
| FY2021 | −4.5 pp | TTEK |
| FY2020 | +6.1 pp | ICLR |
| FY2019 | +8.3 pp | ICLR |
| FY2018 | +7.8 pp | ICLR |
| FY2017 | +11.7 pp | ICLR |
| FY2016 | +12.5 pp | ICLR |
| FY2015 | +13.5 pp | ICLR |
| FY2014 | +7.1 pp | ICLR |
| FY2013 | +7.8 pp | ICLR |
| FY2012 | +1.1 pp | ICLR |
| FY2011 | −1.2 pp | TTEK |
| FY2010 | +6.2 pp | ICLR |
| FY2009 | +6.8 pp | ICLR |
| FY2008 | +6.2 pp | ICLR |
The higher net margin has changed hands between ICLR and TTEK over this period.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ICLR's net margin has been more volatile than TTEK's over the 18 comparable fiscal years — 4.3 percentage points of standard deviation against 1.8.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between ICLR and TTEK over these 18 fiscal years — ICLR led in 14 and TTEK in 4.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ICLR's return on equity has been more volatile than TTEK's over the 18 comparable fiscal years — 9.1 percentage points of standard deviation against 5.6.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between ICLR and TTEK over these 18 fiscal years — ICLR led in 11 and TTEK in 7.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.