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Icon Return-on-Tangible-Equity

: 0.00% (As of Sep. 2021)
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Return-on-Tangible-Equity is calculated as Net Income attributable to Common Stockholders divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Icon's annualized net income attributable to common stockholders for the quarter that ended in Sep. 2021 was $-377 Mil. Icon's average shareholder tangible equity for the quarter that ended in Sep. 2021 was $-2,372 Mil. Therefore, Icon's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 was N/A%.

The historical rank and industry rank for Icon's Return-on-Tangible-Equity or its related term are showing as below:

NAS:ICLR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.17   Med: 52.83   Max: 137.62
Current: Negative Tangible Equity

5.17
137.62

During the past 13 years, Icon's highest Return-on-Tangible-Equity was 137.62%. The lowest was 5.17%. And the median was 52.83%.

NAS:ICLR's Return-on-Tangible-Equity is ranked higher than
100% of the 220 Companies
in the Medical Diagnostics & Research industry.

( Industry Median: 9.41 vs. NAS:ICLR: Negative Tangible Equity )

Icon Return-on-Tangible-Equity Historical Data

The historical data trend for Icon's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Icon Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Return-on-Tangible-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 137.62 90.40 72.16 61.77 43.89

Icon Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Return-on-Tangible-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.05 51.43 43.33 29.79 -

Competitive Comparison

For the Diagnostics & Research subindustry, Icon's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Icon Return-on-Tangible-Equity Distribution

For the Medical Diagnostics & Research industry and Healthcare sector, Icon's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Icon's Return-on-Tangible-Equity falls into.



Icon Return-on-Tangible-Equity Calculation

Icon's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=332.331/( (666.991+847.519 )/ 2 )
=332.331/757.255
=43.89 %

Icon's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=-377.08/( (1037.486+-5781.81)/ 2 )
=-377.08/-2372.162
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income attributable to common stockholders of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income attributable to common stockholders data used here is four times the quarterly (Sep. 2021) net income attributable to common stockholders data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Icon  (NAS:ICLR) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net income attributable to common stockholders is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Icon Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Icon's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Icon Business Description

Icon logo
Industry
Traded in Other Exchanges
Address
South County Business Park, Leopardstown, Dublin, IRL, 18
Icon is a global late-stage contract research organization that provides drug development and clinical trial services to pharmaceutical, biotechnology, and medical device firms. While the vast majority of its revenue comes from clinical research, Icon also offers ancillary services such as laboratory and imaging capabilities. The company is headquartered in Ireland.

Icon Headlines

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