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ICF International (ICF International) Gross Profit : $711 Mil (TTM As of Mar. 2024)


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What is ICF International Gross Profit?

ICF International's gross profit for the three months ended in Mar. 2024 was $184 Mil. ICF International's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $711 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ICF International's gross profit for the three months ended in Mar. 2024 was $184 Mil. ICF International's Revenue for the three months ended in Mar. 2024 was $494 Mil. Therefore, ICF International's Gross Margin % for the quarter that ended in Mar. 2024 was 37.19%.

ICF International had a gross margin of 37.19% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of ICF International was 38.67%. The lowest was 35.47%. And the median was 36.60%.


ICF International Gross Profit Historical Data

The historical data trend for ICF International's Gross Profit 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.

ICF International Gross Profit Chart

ICF International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 525.34 534.47 573.48 645.54 698.22

ICF International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial 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 170.72 174.68 178.02 174.81 183.90

Competitive Comparison of ICF International's Gross Profit

For the Consulting Services subindustry, ICF International's Gross Profit, along with its competitors' market caps and Gross Profit 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.


ICF International's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ICF International's Gross Profit distribution charts can be found below:

* The bar in red indicates where ICF International's Gross Profit falls into.



ICF International Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

ICF International's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1963.238 - 1265.018
=698

ICF International's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=494.436 - 310.533
=184

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $711 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

ICF International's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=184 / 494.436
=37.19 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


ICF International  (NAS:ICFI) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

ICF International had a gross margin of 37.19% for the quarter that ended in Mar. 2024 => Competition eroding margins


ICF International Gross Profit Related Terms

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ICF International (ICF International) Business Description

Traded in Other Exchanges
N/A
Address
1902 Reston Metro Plaza, Reston, VA, USA, 20190
ICF International Inc provides professional services and technology-based solutions to government and commercial clients, including management, marketing, technology, and policy consulting and implementation services. Its services primarily support clients that operate in four key markets that include Energy, Environment, and Infrastructure, Health, Education, and Social Programs, Safety and Security and Consumer and Financial. The Company's major clients are United States federal government departments and agencies.
Executives
John Wasson officer: EVP & COO ICF INTERNATIONAL, INC., 1902 RESTON METRO PLAZA, RESTON VA 20190
Srikant Datar director ICF INTERNATIONAL, INC., 9300 LEE HIGHWAY, FAIRFAX VA 22031
Lee Rodney Mark Jr. officer: Executive Vice President 1902 RESTON METRO PLAZA, RESTON VA 20190
Van Handel Michael J director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Morgan James C M officer: Chief Financial Officer 1902 RESTON METRO PLAZA, RESTON VA 20190
Ranjit S Chadha officer: VP & Principal Accounting Off. C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Anne F Choate officer: Executive Vice President 1902 RESTON METRO PLAZA, RESTON VA 20190
Barry M Broadus officer: Chief Financial Officer 1902 RESTON METRO PLAZA, RESTON VA 20190
Michelle A Williams director 1902 RESTON METRO PLAZA, RESTON VA 20190
Scott B Salmirs director 551 FIFTH AVE, SUITE 300, NEW YORK NY 10176
Sergio J Ostria officer: Executive Vice President 9300 LEE HIGHWAY, FAIRFAX VA 22031
Sudhakar Kesavan director, officer: Chairman, President and CEO ICF INTERNATIONAL, INC., 9300 LEE HIGHWAY, FAIRFAX VA 22031
Donald J Terreri officer: VP & Principal Acct. Officer 9300 LEE HIGHWAY, FAIRFAX VA 22031
Marilyn C Crouther director 1902 RESTON METRO PLAZA, RESTON VA 20190
Peter M Schulte director, 10 percent owner 900 THIRD AVENUE 33RD FLOOR, NEW YORK NY 10022-4775