ICON PLC Revenue vs. Net Income
| ICLR Stock | USD 212.18 2.75 1.28% |
Total Revenue | First Reported 1997-06-30 | Previous Quarter 2.1 B | Current Value 2 B | Quarterly Volatility 603.8 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.43 | 0.2234 |
|
| |||||
| Net Profit Margin | 0.0767 | 0.0754 |
|
| |||||
| Operating Profit Margin | 0.096 | 0.1304 |
|
| |||||
| Pretax Profit Margin | 0.13 | 0.0769 |
|
| |||||
| Return On Assets | 0.0342 | 0.036 |
|
| |||||
| Return On Equity | 0.11 | 0.0663 |
|
|
For ICON PLC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ICON PLC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ICON PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ICON PLC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ICON PLC over time as well as its relative position and ranking within its peers.
ICON |
ICON PLC's Revenue Breakdown by Earning Segment
Check out Risk vs Return Analysis.
Is Life Sciences Tools & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ICON PLC. If investors know ICON will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ICON PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.198 | Earnings Share 8.99 | Revenue Per Share 100.52 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0417 |
The market value of ICON PLC is measured differently than its book value, which is the value of ICON that is recorded on the company's balance sheet. Investors also form their own opinion of ICON PLC's value that differs from its market value or its book value, called intrinsic value, which is ICON PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ICON PLC's market value can be influenced by many factors that don't directly affect ICON PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ICON PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICON PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICON PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ICON PLC Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ICON PLC's current stock value. Our valuation model uses many indicators to compare ICON PLC value to that of its competitors to determine the firm's financial worth. ICON PLC is considered the number one company in revenue category among its peers. It also is currently regarded as number one stock in net income category among its peers making up about 0.08 of Net Income per Revenue. The ratio of Revenue to Net Income for ICON PLC is roughly 13.26 . At this time, ICON PLC's Total Revenue is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value ICON PLC by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.ICON Revenue vs. Competition
ICON PLC is considered the number one company in revenue category among its peers. Market size based on revenue of Health Care industry is currently estimated at about 9.06 Billion. ICON PLC totals roughly 8.12 Billion in revenue claiming about 90% of equities under Health Care industry.
ICON Net Income vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
ICON PLC |
| = | 8.12 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
ICON PLC |
| = | 612.34 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
ICON Net Income Comparison
ICON PLC is currently under evaluation in net income category among its peers.
ICON PLC Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ICON PLC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ICON PLC will eventually generate negative long term returns. The profitability progress is the general direction of ICON PLC's change in net profit over the period of time. It can combine multiple indicators of ICON PLC, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -142.3 M | -135.2 M | |
| Operating Income | 1.1 B | 1.1 B | |
| Income Before Tax | 624.5 M | 655.7 M | |
| Net Income | 612.3 M | 643 M | |
| Income Tax Expense | 11.7 M | 11.2 M | |
| Total Other Income Expense Net | -434.2 M | -412.5 M | |
| Net Income Applicable To Common Shares | 581.1 M | 610.2 M | |
| Net Income From Continuing Ops | 612.3 M | 336.1 M | |
| Interest Income | 5 M | 3.5 M | |
| Net Interest Income | -331.7 M | -315.1 M | |
| Change To Netincome | 24.1 M | 28.2 M | |
| Net Income Per Share | 7.46 | 7.83 | |
| Income Quality | 1.90 | 1.17 | |
| Net Income Per E B T | 0.98 | 0.66 |
ICON Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ICON PLC. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ICON PLC position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ICON PLC's important profitability drivers and their relationship over time.
Use ICON PLC in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ICON PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ICON PLC will appreciate offsetting losses from the drop in the long position's value.ICON PLC Pair Trading
ICON PLC Pair Trading Analysis
The ability to find closely correlated positions to ICON PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ICON PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ICON PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ICON PLC to buy it.
The correlation of ICON PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ICON PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ICON PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ICON PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your ICON PLC position
In addition to having ICON PLC in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Monster Funds Thematic Idea Now
Monster Funds
Solid funds with above average long term performance indicators based on Macroaxis rating system. The Monster Funds theme has 50 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Monster Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for ICON Stock Analysis
When running ICON PLC's price analysis, check to measure ICON PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ICON PLC is operating at the current time. Most of ICON PLC's value examination focuses on studying past and present price action to predict the probability of ICON PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICON PLC's price. Additionally, you may evaluate how the addition of ICON PLC to your portfolios can decrease your overall portfolio volatility.