ICF International, Inc.

ICFINASDAQIndustrials● Active

$69.88

+$1.08(+1.57%)

Market Cap$1.3B

P/E Ratio—

52W High$101.71

52W Low$58.83

Avg Volume383K

Open$69.37

Beta0.54

Free Cash Flow Financials Revenue

ICF International, Inc. (ICFI) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ICFI · free cash flow · updated Jun 8, 2026

Core FCF metrics

ICFI · FCF · TTM · margin & CAGR

Free cash flow was $120.2M for FY2025 (fiscal year ending 2025-12-31), down 19.9% year-over-year The FCF margin was 6.4%. Five-year CAGR stands at -5.0%.

FY2025 Free Cash Flow$120.2M▼ -19.9% YoY

Trailing 12M (TTM)$150.7Mtrailing 4 quarters sum

FCF Margin6.4%$120.2M ÷ revenue

3-Year CAGR-4.4%FY2022 → FY2025

5-Year CAGR-5.0%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ICFI · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$141.9M(22M)$120.2M▼ 19.9%6.4%

FY2024$171.5M(21M)$150.1M▲ +15.4%7.4%

FY2023$152.4M(22M)$130.0M▼ 5.6%6.6%

FY2022$162.2M(24M)$137.7M▲ +52.6%7.7%

FY2021$110.2M(20M)$90.3M▼ 41.9%5.8%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ICFI · P/FCF · FCF yield · FCF per share

ICF International, Inc. (ICFI) trades at a FCF yield of 11.91% and a price-to-free-cash-flow ratio of 8.5x. FCF per share stands at $8.23, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

11.91%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$8.23

TTM FCF ÷ Shares Outstanding

Price / FCF

x8.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x12.2

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ICFI · cash flow statement · operating / investing / financing

For FY2025, ICF International, Inc. generated $141.9M in operating cash flow and spent 22M in capital expenditures, yielding $120.2M in free cash flow.

Operating Activities

+$141.9M

Cash from core business operations

2025-12-31

Investing Activities

−$21.5M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$84.3M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($141.9M) − |CapEx| (22M) = FCF ($120.2M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

ICFI vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

ICF International, Inc.YOU

ICFI

$120.2M-19.9%6.4%

Union Pacific Corporation

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

ICF International, Inc. (ICFI) reported free cash flow of $120.2M for FY2025 (fiscal year ending 2025-12-31), down 19.9% year-over-year. The FCF margin was 6.4%.

Based on available data, ICF International, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $155.5M in FY2020. The 5-year CAGR stands at -5.0%.

ICF International, Inc.'s FCF yield is 11.91% and price-to-FCF ratio is 8.5x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ICFI free cash flow · 8 questions

ICF International, Inc. free cash flow was $120.2M for FY2025, down 19.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $150.7M.

ICFI free cash flowICFI FCFICFI FCF 2025ICFI free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · ICF International, Inc. · ICF International, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026