ICF International, Inc.

NasdaqGS:ICFI Stock Report

Market Cap: US$1.3b

ICF International Management

Management criteria checks 4/4

ICF International's CEO is John Wasson, appointed in Oct 2019, has a tenure of 6.58 years. total yearly compensation is $6.86M, comprised of 14.6% salary and 85.4% bonuses, including company stock and options. directly owns 0.63% of the company’s shares, worth $8.16M. The average tenure of the management team and the board of directors is 6.3 years and 15.6 years respectively.

Key information

John Wasson

Chief executive officer

US$6.9m

Total compensation

CEO salary percentage14.63%
CEO tenure6.6yrs
CEO ownership0.6%
Management average tenure6.3yrs
Board average tenure15.6yrs

Recent management updates

Shareholders May Not Be So Generous With ICF International, Inc.'s (NASDAQ:ICFI) CEO Compensation And Here's Why

May 29
Shareholders May Not Be So Generous With ICF International, Inc.'s (NASDAQ:ICFI) CEO Compensation And Here's Why

Recent updates

ICFI: Federal And State Contracts Will Drive Stronger Long Term Upside

Analysts have kept their price target for ICF International steady at $80.00, citing only modest changes to discount rate, revenue growth, profit margin, and future P/E assumptions that leave their overall valuation view broadly unchanged. What's in the News Defense Counterintelligence and Security Agency awarded ICF a position on a new multiple award blanket purchase agreement for software engineering services to modernize National Background Investigation Services systems, a five year vehicle with an $800 million ceiling across 12 awardees, where ICF can compete for task orders using cloud native design, zero trust architecture, open source technologies, agile DevSecOps, AI and automation (Client announcement).

ICFI: New Contracts And Buybacks Will Support Future Upside Potential

Analysts have raised their price target on ICF International by $8 to $124, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. Analyst Commentary Recent Street research around ICF International points to a constructive tone, with the latest price target revision to $124 reflecting updated thinking on discount rates, revenue growth, profit margins, and future P/E assumptions.

ICFI: Contract Wins And Guidance Will Support Stronger Long Term Upside

Analysts have adjusted their price target on ICF International by $2, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E, which they view as consistent with the latest Street research. Analyst Commentary While the latest research includes a price target adjustment that reflects refreshed assumptions around valuation inputs, not all commentary is upbeat.

ICFI: Future Contract Wins And Buybacks Will Support Upside Potential

Analysts now see fair value for ICF International at about $124, down from $133, reflecting updated views on discount rates, revenue growth, profit margins, and a lower assumed future P/E multiple informed in part by recent Street research such as Truist's price target revision. Analyst Commentary Recent Street research on ICF International has centered on updated valuation work, which has informed both the new fair value estimate of about $124 and changes to individual price targets such as the recent revision highlighted in the Truist report.

ICFI: Recent Contract Wins Will Support Future Risk Adjusted Earnings Trajectory

Analysts have raised their price target on ICF International by $8, reflecting updated assumptions for the discount rate and long-term P/E, while keeping fair value estimates broadly in line with prior views. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target as better aligning the stock with their updated long term P/E assumptions, suggesting they view current valuation as reasonable relative to their revised framework.

ICFI: Recent Contract Wins Will Support Future Execution Against Earnings Trajectory

Analysts recently nudged their price target on ICF International higher by $8, citing updated assumptions on discount rates, revenue growth, profit margins, and future P/E that still align with an unchanged fair value estimate of $108.75. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target as consistent with their updated assumptions on revenue growth and margins, suggesting the current share price still leaves room relative to their fair value work.

ICFI: Recent Contract Wins And Earnings Resilience Will Support Future Upside

Analysts have raised their price target on ICF International by $5.50 to $108.75, citing updated assumptions for revenue growth, profitability, discount rate, and a lower future P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target as consistent with updated assumptions for revenue growth and profitability.

ICFI: Shutdown Revenue Hit Will Pressure Overvalued Shares Despite Maryland Contract

Analysts have adjusted their price target for ICF International to reflect updated assumptions around slightly lower discount rates, higher revenue growth of about 4.84% and modestly stronger profit margins of roughly 5.75%, together with a revised future P/E of about 14.51x. These factors support a refined valuation view in currency terms.

ICFI: Future Outlook Will Balance Shutdown Pressures With Digital Contract Opportunities

Analysts have modestly raised their price target on ICF International to reflect incremental improvements in projected revenue growth, profit margins, and long term earnings multiples, which results in a slightly higher implied equity valuation in dollar terms compared with prior estimates. What's in the News ICF was selected as one of eight prime awardees on Maryland's $300 million, nine year Agile Digital Experience Product Transformation contract to modernize state and local digital services and legacy systems (Client Announcements).

ICFI: Future Outlook Will Balance Lower Upside With Improving Profitability

Analysts have trimmed their price target on ICF International from 88.00 dollars to 82.00 dollars, citing a slightly higher discount rate that more than offsets improvements in projected revenue growth, profit margins, and a lower expected future price-to-earnings multiple. What's in the News Completed a long running share repurchase program, buying back 1,966,602 shares in total, representing about 10.46% of outstanding stock for $188.03 million, with no additional shares repurchased in the most recent quarter (company buyback update).

Calculating The Intrinsic Value Of ICF International, Inc. (NASDAQ:ICFI)

Sep 10
Calculating The Intrinsic Value Of ICF International, Inc. (NASDAQ:ICFI)

ICF International: Fathom Hints At AI-Driven Rerating Potential

Aug 04

ICF International (NASDAQ:ICFI) Is Looking To Continue Growing Its Returns On Capital

Jul 22
ICF International (NASDAQ:ICFI) Is Looking To Continue Growing Its Returns On Capital

Earnings Working Against ICF International, Inc.'s (NASDAQ:ICFI) Share Price

Jun 16
Earnings Working Against ICF International, Inc.'s (NASDAQ:ICFI) Share Price

Shareholders May Not Be So Generous With ICF International, Inc.'s (NASDAQ:ICFI) CEO Compensation And Here's Why

May 29
Shareholders May Not Be So Generous With ICF International, Inc.'s (NASDAQ:ICFI) CEO Compensation And Here's Why

Is ICF International, Inc. (NASDAQ:ICFI) Trading At A 33% Discount?

May 13
Is ICF International, Inc. (NASDAQ:ICFI) Trading At A 33% Discount?

ICF International (NASDAQ:ICFI) Hasn't Managed To Accelerate Its Returns

Apr 08
ICF International (NASDAQ:ICFI) Hasn't Managed To Accelerate Its Returns

ICF International, Inc. (NASDAQ:ICFI) Analysts Just Cut Their EPS Forecasts Substantially

Mar 04
ICF International, Inc. (NASDAQ:ICFI) Analysts Just Cut Their EPS Forecasts Substantially

ICF International, Inc.'s (NASDAQ:ICFI) Intrinsic Value Is Potentially 89% Above Its Share Price

Jan 22
ICF International, Inc.'s (NASDAQ:ICFI) Intrinsic Value Is Potentially 89% Above Its Share Price

ICF International (NASDAQ:ICFI) Has A Pretty Healthy Balance Sheet

Jan 07
ICF International (NASDAQ:ICFI) Has A Pretty Healthy Balance Sheet

ICF International, Inc.'s (NASDAQ:ICFI) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio

Dec 14
ICF International, Inc.'s (NASDAQ:ICFI) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio

Here's Why We Think ICF International (NASDAQ:ICFI) Might Deserve Your Attention Today

Dec 02
Here's Why We Think ICF International (NASDAQ:ICFI) Might Deserve Your Attention Today

ICF International's (NASDAQ:ICFI) Returns Have Hit A Wall

Nov 17
ICF International's (NASDAQ:ICFI) Returns Have Hit A Wall

Does ICF International (NASDAQ:ICFI) Have A Healthy Balance Sheet?

Sep 20
Does ICF International (NASDAQ:ICFI) Have A Healthy Balance Sheet?
User avatar

Tactical Moves In AI And Infrastructure Drive Earnings And Boost Market Standing

Acceleration in revenue growth due to strong trends in Energy, Environment, Infrastructure, and strategic acquisitions, enhancing competitive advantage and shareholder value.

Estimating The Fair Value Of ICF International, Inc. (NASDAQ:ICFI)

Sep 03
Estimating The Fair Value Of ICF International, Inc. (NASDAQ:ICFI)

We Ran A Stock Scan For Earnings Growth And ICF International (NASDAQ:ICFI) Passed With Ease

Aug 19
We Ran A Stock Scan For Earnings Growth And ICF International (NASDAQ:ICFI) Passed With Ease

CEO Compensation Analysis

How has John Wasson's remuneration changed compared to ICF International's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025US$7mUS$1m

US$92m

Sep 30 2025n/an/a

US$99m

Jun 30 2025n/an/a

US$108m

Mar 31 2025n/an/a

US$110m

Dec 31 2024US$7mUS$1m

US$110m

Sep 30 2024n/an/a

US$108m

Jun 30 2024n/an/a

US$99m

Mar 31 2024n/an/a

US$94m

Dec 31 2023US$6mUS$1m

US$83m

Sep 30 2023n/an/a

US$69m

Jun 30 2023n/an/a

US$65m

Mar 31 2023n/an/a

US$63m

Dec 31 2022US$5mUS$970k

US$64m

Sep 30 2022n/an/a

US$67m

Jun 30 2022n/an/a

US$69m

Mar 31 2022n/an/a

US$71m

Dec 31 2021US$4mUS$900k

US$71m

Sep 30 2021n/an/a

US$72m

Jun 30 2021n/an/a

US$69m

Mar 31 2021n/an/a

US$63m

Dec 31 2020US$3mUS$800k

US$55m

Sep 30 2020n/an/a

US$62m

Jun 30 2020n/an/a

US$63m

Mar 31 2020n/an/a

US$64m

Dec 31 2019US$3mUS$717k

US$69m

Compensation vs Market: John's total compensation ($USD6.86M) is about average for companies of similar size in the US market ($USD5.48M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.


CEO

John Wasson (64 yo)

6.6yrs
Tenure
US$6,857,678
Compensation

Mr. John M. Wasson served as President of ICF International Inc. since 2010. Mr. Wasson had been the President of ICF International Inc. since June 2010 until 2022 and served as its Chief Operating Officer...


Leadership Team

NamePositionTenureCompensationOwnership
John Wasson
Chairman of the Board & CEO6.6yrsUS$6.86m0.63%
$ 8.2m
Anne Choate
Presidentless than a yearUS$2.00m0.058%
$ 751.0k
James Morgan
COO, CFO & Executive VP6.3yrsUS$2.95m0.27%
$ 3.6m
Sergio Ostria
Executive Vice President of Growth6.3yrsUS$1.49m0.15%
$ 1.9m
Ranjit Chadha
VP, Corporate Controller & Principal Accounting Officer3.6yrsno data0.0014%
$ 18.4k
James Daniel
Executive VP12.6yrsno datano data
Matthew Maurer
Senior VP & Chief Marketing Officer8.8yrsno datano data
Caryn McGarry
Executive VP & Chief Human Resources Officer6.3yrsno datano data
Steve Wyngarden
Senior Vice Presidentno datano datano data
Judah Rose
MD & Senior VPno datano datano data
Kris Musumeci
Senior Vice President of Strategic Communications Groupno datano datano data
Terence McKittrick
Senior Vice President of Health20.3yrsno datano data
6.3yrs
Average Tenure
60yo
Average Age

Experienced Management: ICFI's management team is seasoned and experienced (6.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John Wasson
Chairman of the Board & CEO6.6yrsUS$6.86m0.63%
$ 8.2m
Michael Van Handel
Independent Director8.9yrsUS$270.00k0.080%
$ 1.0m
Srikant T. Datar
Lead Independent Director19.8yrsUS$290.00k0.27%
$ 3.5m
Michelle Williams
Independent Director14.3yrsUS$252.00k0.025%
$ 322.5k
Randall Mehl
Independent Director8.7yrsUS$258.00k0.12%
$ 1.5m
Jack Tilley
Member of the Defense Advisory Board16.9yrsno datano data
John Handy
Member of the Defense Advisory Board16.9yrsno datano data
Henry Glisson
Member of the Defense Advisory Board16.9yrsno datano data
David McIlvoy
Member of the Defense Advisory Board16.9yrsno datano data
Gerald Hoewing
Member of the Defense Advisory Board16.9yrsno datano data
Marilyn Crouther
Independent Director5.7yrsUS$280.00k0.038%
$ 491.8k
Scott Salmirs
Independent Director5yrsUS$256.00k0.042%
$ 548.4k
15.6yrs
Average Tenure
63.5yo
Average Age

Experienced Board: ICFI's board of directors are seasoned and experienced ( 15.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/01 06:01
End of Day Share Price 2026/05/01 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ICF International, Inc. is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin SteinkeBarrington Research Associates, Inc.
Samuel EnglandBerenberg
Jason Ross TilchenCanaccord Genuity