ICLRICON Public Limited Company

$185.21-1.7% 1Y

Is the price fair?

Fair

Neither cheap nor expensive: modest expectations priced in, but at the top of its own P/E range.

1 good, 1 to watch, 1 without data
What the price assumes~+3% a yearderived · Jun 30, 2026

Priced for ~3% a year FCF growth. The price bakes in little to no growth.

Vs its own P/E rangedearer than 88% of its own historyderived

Expensive vs its own history: P/E 51.7 vs a 29.2 median over 40 quarters (+77% vs median).

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What ICLR's price assumes

ICON Public Limited Company trades at 356× earnings against 36.7× for the median Diagnostics & Research name, more expensive than its own group.

356

Trailing P/E · Diagnostics & Research median 36.7 · 9.70× the median: the market pays up for this one

Price / sales
1.62

Price / sales · as of 2026-Q2

Free cash flow yield
6.2%

Free cash flow yield · Diagnostics & Research median 2.9%

Growth the price implies
+2.7%

Growth the price implies · The price pays for +2.7% free cash flow growth a year for a decade; the business has delivered +32% a year over the last three.

Details›
Price / bookas of 2026-Q2
1.43
EV / EBITas of 2026-Q2
53.6
EV / salesas of 2026-Q2
1.92
Healthcare median P/E503 names
27.9
Diagnostics & Research median P/E33 names
36.7
Free cash flow, trailing twelve months
$884M
Market capitalisation76.6 million shares, counted Dec 31, 2025
$14.2B
3-year revenue growth
+1.7%
3-year free cash flow growth
+32%
What the market has paid for these earnings: 40 quarters of its own multiple × $0.52 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$11.48
Its own P/E history, median$15.18
Its own P/E history, upper quartile$21.67
52-week range$80.08 – $202.92
Today$185.21

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.

What is it worth?

Today's price against what its own multiples, its cash flow and your growth assumption say it is worth.

Against its own past

Its multiples now against their own history, and how much of the price move came from earnings rather than the multiple.