ICON plc (ICLR) annual results, year to 31 December 2023: revenue USD 8,055 million, from the 20-F
ICON plc files a 20-F with the SEC once a year, in US dollars. In the year to 31 December 2023 it reported revenue of USD 8,055 million, up 4.1% on the year before. Its profit attributable to shareholders was USD 554 million, up 9.7%, and diluted earnings per share USD 6.70.
The year to 31 December 2023, against the year before
| Year to | Dec 2022 † | Dec 2023 † |
|---|---|---|
| Revenue | 7,741 | 8,055 |
| Cost of sales | 5,527 | 5,720 |
| Selling, general and administrative | 779 | 769 |
| Operating profit | 795 | 905 |
| Profit before tax | 568 | 573 |
| Income tax | 59.4 | 18.4 |
| Profit for the year | 505 | 554 |
| Profit attributable to shareholders | 505 | 554 |
| Filing | 20-F | 20-F |
USD million, from the 20-F on the SEC's EDGAR, linked in the last row, on the US GAAP tags the company filed. A line the company does not file under the standard tag is left out rather than estimated.
USD per ordinary share, as filed.
Cash flow
| Year to | Dec 2022 † | Dec 2023 † |
|---|---|---|
| Cash from operations | 563 | 1,161 |
| Purchase of property, plant and equipment | 142 | 141 |
| Free cash flow | 421 | 1,020 |
| Filing | 20-F | 20-F |
USD million. Free cash flow is cash from operations less the purchase of property, plant and equipment, arithmetic on the two filed lines.
Balance sheet at year end
| Year to | Dec 2022 † | Dec 2023 † |
|---|---|---|
| Total assets | 17,185 | 16,865 |
| Equity attributable to shareholders | 8,527 | 9,211 |
| Cash and cash equivalents | 289 | 378 |
| Trade and other receivables | 1,731 | 1,764 |
| Goodwill | 8,972 | 9,022 |
| Filing | 20-F | 20-F |
USD million, at each fiscal year end.
Ratios on the filed lines
| Year to | Dec 2022 † | Dec 2023 † |
|---|---|---|
| Operating margin | 10.3% | 11.2% |
| Net margin | 6.5% | 6.9% |
| Free cash flow margin | 5.4% | 12.7% |
| Return on year-end equity | 5.9% | 6.0% |
| Effective tax rate | 10.5% | 3.2% |
| Filing | 20-F | 20-F |
Arithmetic on the filed lines of the same year.
Every annual report here
- Year to 31 December 2025
- Year to 31 December 2024
- Year to 31 December 2023, this page
- Year to 31 December 2022
- Year to 31 December 2021
- Year to 31 December 2020
- Year to 31 December 2019
- Year to 31 December 2018
- Year to 31 December 2017
- Year to 31 December 2016
- Year to 31 December 2015
- Year to 31 December 2014
Source
20-F for the year to 31 December 2023, filed 27 May 2026, accession 0001628280-26-038487: the filing on EDGAR. All of ICON plc's filings: EDGAR company page. The figures are in US dollars as filed.
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