← ICF International, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $46.6m | $62.9m | $61.4m | $68.9m | $55.0m | $71.1m | $64.2m | $82.6m | $110.2m | $91.6m | — | |
| Depreciation, Depletion and Amortization | $29.1m | $28.6m | $27.2m | $28.2m | $33.7m | $32.0m | $49.9m | $60.7m | $53.5m | $58.1m | $55.3m | |
| Amortization of Debt Issuance Costs | $500k | $673k | $510k | $507k | $710k | $617k | $1.3m | $2.0m | $1.2m | $1.1m | — | |
| Amortization of Intangible Assets | $12.5m | $10.9m | $10.0m | $8.1m | $13.3m | $12.5m | $28.4m | $35.5m | $33.0m | $43k | — | |
| Depreciation | $16.3m | $28.6m | $27.2m | $28.2m | $33.7m | $32.0m | $49.9m | $60.7m | $53.5m | $14.9m | $55.3m | |
| Deferred Income Tax Expense (Benefit) | $9.5m | ($6.6m) | $5.3m | ($123k) | ($1.9m) | $8.8m | $7.0m | $26.8m | ($31.9m) | $1.2m | $33.0m | |
| Deferred Income Tax | — | — | — | — | — | — | $7.4m | ($17.6m) | ($24.3m) | $5.1m | $33.0m | |
| Deferred Tax | — | — | — | — | — | — | $7.4m | ($17.6m) | ($24.3m) | $5.1m | $33.0m | |
| Share-based Payment Arrangement, Noncash Expense | $9.1m | $10.3m | $11.5m | $15.8m | $17.6m | $13.2m | $13.2m | $14.9m | $16.7m | $17.7m | $18.3m | |
| Share-based Payment Arrangement, Expense | $15.9m | $17.5m | $19.6m | $26.0m | $24.6m | $21.5m | $18.9m | $22.9m | $25.1m | $22.0m | $18.3m | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | $7.9m | $8.4m | $7.7m | — | — | — | |
| Other Nonoperating Income (Expense) | $1.2m | $121k | ($735k) | ($501k) | ($544k) | ($594k) | ($1.5m) | $3.9m | $1.8m | ($2.6m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $16.5m | $9.9m | $11.2m | ($32.5m) | $23.6m | |
| Change In Receivables | — | — | — | — | — | — | $19.7m | $20.9m | ($49.5m) | $22.0m | ($28.0m) | |
| Changes In Account Receivables | — | — | — | — | — | — | $19.7m | $20.9m | ($49.5m) | $22.0m | ($28.0m) | |
| Increase (Decrease) in Accounts Payable | $8.9m | $3.6m | $28.3m | $31.9m | ($51.2m) | $13.5m | $30.0m | ($1.5m) | $24.2m | ($36.8m) | ($39.8m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $58.4m | ($4.3m) | $54.9m | ($62.6m) | ($39.8m) | |
| Change In Accrued Expense | — | — | — | — | — | — | $28.4m | ($2.9m) | $30.8m | ($25.8m) | $44.6m | |
| Change In Other Current Liabilities | — | — | — | — | — | — | $3.8m | $361k | ($2.2m) | ($168k) | $2.6m | |
| Net Cash Provided by (Used in) Operating Activities | $79.6m |
$117.2m
+47.29%
|
$74.7m
-36.28%
|
$91.4m
+22.46%
|
$173.1m
+89.35%
|
$110.2m
-36.35%
|
$162.2m
+47.19%
|
$152.4m
-6.06%
|
$171.5m
+12.57%
|
$141.9m
-17.30%
|
$219.5m
+54.73%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | — | — | — | — | — | ($19.9m) | ($24.5m) | ($22.3m) | ($21.4m) | ($21.7m) | ($21.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $100k | $91k | $34.6m | $3.6m | $253.3m | $174.5m | $237.3m | $32.7m | $55.0m | — | $0 | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | — | — | — | $353k | ($148k) | — | |
| Net Other Investing Changes | — | — | — | — | — | — | — | — | ($353k) | $148k | $148k | |
| Net Cash Provided by (Used in) Investing Activities | ($13.9m) | ($14.6m) | ($56.4m) | ($30.5m) | ($270.9m) | ($194.5m) | ($258.8m) | ($3.7m) | ($74.8m) | ($21.5m) | ($21.2m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $530.7m | $643.4m | $579.8m | $721.8m | $870.1m | $773.3m | $1.4b | $1.4b | $1.2b | $1.4b | ($2.7m) | |
| Issuance Of Debt | — | — | — | — | — | — | $1.6b | $1.3b | $1.3b | $1.4b | $1.6b | |
| Long Term Debt Payments | — | — | — | — | — | $0 | $0 | ($2.4m) | — | — | ($2.7m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $137.8m | ($120.4m) | ($24.2m) | ($16.1m) | ($54.5m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | $0 | $0 | ($2.4m) | — | — | ($2.7m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $137.8m | ($120.4m) | ($24.2m) | ($16.1m) | ($51.9m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($1.4b) | ($1.4b) | ($1.3b) | ($1.4b) | ($2.7m) | |
| Short Term Debt Issuance | — | — | — | — | — | — | $1.6b | $1.3b | $1.3b | $1.4b | $1.6b | |
| Short Term Debt Payments | — | — | — | — | — | — | ($1.4b) | ($1.4b) | ($1.3b) | ($1.4b) | ($1.6b) | |
| Payments of Ordinary Dividends, Common Stock | — | — | $7.9m | $10.5m | $10.6m | $10.6m | $10.5m | $10.5m | $10.5m | $10.4m | ($10.3m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($10.5m) | ($10.5m) | ($10.5m) | ($10.4m) | ($10.3m) | |
| Common Stock Payments | — | — | — | — | — | — | ($21.2m) | ($19.1m) | ($47.8m) | ($55.3m) | ($46.2m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($21.2m) | ($19.1m) | ($47.8m) | ($55.3m) | ($46.2m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($21.2m) | ($19.1m) | ($47.8m) | ($55.3m) | ($46.2m) | |
| Dividends Payable, Current | — | — | $2.6m | $2.6m | $2.6m | $2.6m | $2.6m | $2.6m | $2.6m | — | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($10.5m) | ($10.5m) | ($10.5m) | ($10.4m) | ($10.3m) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | — | ($2.4m) | ($2.6m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($15.7m) | ($2.6m) | ($4.4m) | ($2.6m) | ($2.3m) | |
| Net Cash Provided by (Used in) Financing Activities | ($67.0m) |
($87.3m)
-30.35%
|
($28.8m)
+67.04%
|
($67.6m)
-135.10%
|
$170.0m
+351.26%
|
$23.2m
-86.33%
|
$90.4m
+288.98%
|
($152.6m)
-268.85%
|
($86.9m)
+43.05%
|
($84.3m)
+2.98%
|
($115.8m)
-37.38%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($416k) | $16.4m | ($11.3m) | ($6.5m) | $75.5m | ($61.6m) | ($7.5m) | ($3.5m) | $9.4m | $37.5m | $109.4m | |
| Beginning Cash Position | — | — | — | — | — | — | $20.4m | $13.0m | $9.4m | $18.8m | $26.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($416k) | $24.3m | $13.0m | $6.5m | $82.0m | $20.4m | $13.0m | $9.4m | $18.8m | $56.3m | $109.4m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($416k) | $1.1m | ($792k) | $166k | $3.4m | ($511k) | ($1.2m) | $359k | ($473k) | $1.5m | ($375k) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($1.2m) | $359k | ($473k) | $1.5m | ($375k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $9.9m | $10.4m | $14.3m | $10.3m | $22.8m | $34.1m | $30.0m | $29.3m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | $34.1m | $16.5m | $26.2m | $60.2m | $28.1m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | — | $7.6m | $2.0m | — | — | |
| Goodwill | $683.7m | $686.1m | $715.6m | $719.9m | $909.9m | $1.0b | $1.2b | $1.2b | $1.2b | $1.3b | — | |
| Income Tax Expense (Benefit) | $27.9m | $11.1m | $21.4m | $21.2m | $19.7m | $29.0m | $19.7m | $13.9m | $27.9m | $20.4m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $29.9m | $31.3m | — | |
| Operating Expenses | $357.2m | $375.0m | $388.2m | $423.9m | $445.4m | $462.5m | $536.8m | $565.9m | $571.9m | $550.6m | — | |
| Proceeds from Stock Options Exercised | $3.0m | $4.7m | $5.8m | $2.9m | $37k | $2.8m | $602k | $279k | — | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $1.3b | — | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $90.4m | ($152.6m) | ($86.9m) | ($84.3m) | ($115.8m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($258.8m) | ($3.7m) | ($74.8m) | ($21.5m) | ($21.2m) | |
| Change In Account Payable | — | — | — | — | — | — | $30.0m | ($1.5m) | $24.2m | ($36.8m) | ($39.8m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($7.5m) | ($3.5m) | $9.4m | $37.5m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($44.6m) | ($25.6m) | $4.5m | $5.3m | $40.9m | |
| Change In Payable | — | — | — | — | — | — | $30.0m | ($1.5m) | $24.2m | ($36.8m) | ($39.8m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($20.7m) | $18.6m | $3.5m | $2.9m | $3.2m | |
| Changes In Cash | — | — | — | — | — | — | ($6.3m) | ($3.9m) | $9.8m | $36.1m | $82.5m | |
| End Cash Position | — | — | — | — | — | — | $13.0m | $9.4m | $18.8m | $56.3m | $109.4m | |
| Financing Cash Flow | — | — | — | — | — | — | $90.4m |
($152.6m)
-268.85%
|
($86.9m)
+43.05%
|
($84.3m)
+2.98%
|
($115.8m)
-37.38%
|
|
| Free Cash Flow | — | — | — | — | — | — | $137.7m | $130.0m | $150.1m | $120.2m | $198.5m | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | $0 | ($7.6m) | ($2.0m) | $0 | ($294k) | |
| Investing Cash Flow | — | — | — | — | — | — | ($258.8m) | ($3.7m) | ($74.8m) | ($21.5m) | ($21.2m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($234.4m) | $18.7m | ($53.0m) | $0 | ($54.7m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($24.5m) | ($22.3m) | ($21.4m) | ($21.7m) | ($21.0m) | |
| Operating Gains Losses | — | — | — | — | — | — | — | ($7.6m) | ($2.0m) | — | ($2.0m) | |
| Other Non Cash Items | — | — | — | — | — | — | $10.7m | $8.3m | $4.6m | $2.3m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | $2.8m | $602k | $279k | — | — | — | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $248k | $1.2m | $1.7m | ($429k) | $610k | |
| Purchase Of Business | — | — | — | — | — | — | ($237.3m) | ($32.7m) | ($55.0m) | $0 | $0 | |
| Purchase Of PPE | $13.8m | $14.5m | $21.8m | $26.9m | $17.7m | $19.9m | ($24.5m) | ($22.3m) | ($21.4m) | ($21.7m) | ($21.0m) | |
| Sale Of Business | — | — | — | — | — | — | $2.9m | $51.3m | $2.0m | $0 | $270k | |
| Stock Based Compensation | — | — | — | — | — | — | $13.2m | $14.9m | $16.7m | $17.7m | $18.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.