ICL Group (XTAE:ICL) ROE %: 8.38% (As of Mar. 2026) — 30% Below Median


XTAE:ICL ICL Group Ltd XTAE:ICL
83 GF Score
Price ₪15.00
GF Value ₪18.21
Valuation Modestly Undervalued
! 4 Warning Signs
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What is ICL Group ROE %?

ICL Group XTAE:ICL -0.99% 83 ROE % is 8.38% as of Mar. 2026, which is 30% below its 10-year median of 11.93. GuruFocus rates XTAE:ICL with a GF Score™ of 83/100 and a GF Value™ of ₪18.21 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 251 Agriculture companies, ICL Group ranks worse than 61.35% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ICL Group's annualized net income for the quarter that ended in Mar. 2026 was ₪1,531 Mil. ICL Group's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₪18,266 Mil. Therefore, ICL Group's annualized ROE % for the quarter that ended in Mar. 2026 was 8.38%.

The historical rank and industry rank for ICL Group's ROE % or its related term are showing as below:

XTAE:ICL' s ROE % Range Over the Past 10 Years
Min: -4.36   Med: 11.93   Max: 43.22
Current: 4.35

During the past 13 years, ICL Group's highest ROE % was 43.22%. The lowest was -4.36%. And the median was 11.93%.

XTAE:ICL's ROE % is ranked worse than
61.35% of 251 companies
in the Agriculture industry
Industry Median: 6.77 vs XTAE:ICL: 4.35

ICL Group  (XTAE:ICL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1530.624/18265.736
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1530.624 / 24575)*(24575 / 38602.6715)*(38602.6715 / 18265.736)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.23 %*0.6366*2.1134
=ROA %*Equity Multiplier
=3.97 %*2.1134
=8.38 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1530.624/18265.736
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1530.624 / 2344.524) * (2344.524 / 2842.584) * (2842.584 / 24575) * (24575 / 38602.6715) * (38602.6715 / 18265.736)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6529 * 0.8248 * 11.57 % * 0.6366 * 2.1134
=8.38 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


ICL Group ROE % Related Terms


ICL Group ROE % Historical Data

* Premium members only.

The historical data trend for ICL Group's ROE % 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.

ICL Group ROE % Chart

ICL Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.52 43.22 11.52 7.08 3.86

ICL Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 6.29 6.27 7.57 -4.82 8.38

XTAE:ICL vs CTVA, CF, MOS: ROE % Comparison

For the Agricultural Inputs subindustry, ICL Group's ROE %, along with its competitors' market caps and ROE % 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.


ICL Group ROE % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, ICL Group's ROE % distribution charts can be found below:

* The bar in red indicates where ICL Group's ROE % falls into.


XTAE:ICL
83GF Score
ICL Group Ltd XTAE:ICL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ICL Group ROE % Calculation

ICL Group's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=686.351/( (17383.502+18170.072)/ 2 )
=686.351/17776.787
=3.86 %

ICL Group's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1530.624/( (18170.072+18361.4)/ 2 )
=1530.624/18265.736
=8.38 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 8.38% mean?
ICL Group (XTAE:ICL) has a ROE % of 8.38% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on ICL Group and its competitors. This is 30% below median its historical median of 11.93. According to the industry distribution chart, ICL Group ranks #154 out of 251 companies in the Agriculture industry, placing it in the top 61.4%.
Is ICL Group's ROE % too high?
ICL Group's current ROE % of 8.38% is 30% below median its 10-year median of 11.93. The Agriculture industry median ROE % is 6.77. ICL Group's value of 8.38% is 23.8% above this industry median. Based on the distribution chart, ICL Group ranks #154 out of 251 companies in the Agriculture industry, which is below the industry midpoint. Overall, ICL Group has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ICL Group's ROE % compare to CTVA and CF?
According to the Agriculture industry distribution chart, ICL Group ranks #154 out of 251 companies for ROE %. This places ICL Group in the lower half of its industry. The industry median ROE % is 6.77. ICL Group's value of 8.38% is 23.8% above this benchmark. While the company's 10-year median is 11.93 vs. the industry median of 6.77, ICL Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Agriculture company?
The median ROE % among Agriculture companies is 6.77, based on 251 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ICL Group's current ROE % of 8.38% is 23.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on ICL Group and its competitors. For the Agriculture industry, the median ROE % is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICL Group's current ROE % is 8.38%, which is 30% below median its own 10-year median of 11.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICL Group stock overvalued right now?
Based on GuruFocus' analysis, ICL Group (XTAE:ICL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₪18.21, compared to a current price of ₪15.00 — trading 17.6% below its estimated fair value. The current ROE % is 8.38%, which is 30% below median its 10-year median of 11.93 and 23.8% above the Agriculture industry median of 6.77. ICL Group's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For ICL Group (XTAE:ICL), the current ROE % is 8.38% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ICL Group (XTAE:ICL) Overvalued in 2026?

Based on GuruFocus' analysis, ICL Group stock appears to be undervalued. The current stock price of ₪15.00 is trading 17.6% below its estimated GF Value™ of ₪18.21. GuruFocus considers ICL Group to be Modestly Undervalued.

Key valuation signals for XTAE:ICL:

  • ROE %: 8.38% (30% below median its 10-year median of 11.93)
  • GF Value™: ₪18.21 vs. price of ₪15.00 (17.6% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 23.8% above the Agriculture median (#154 of 251)

No single metric tells the full story. See the XTAE:ICL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ICL Group Business Description

Other Exchanges ICL:USA
Address 23 Aranha Street, P.O. Box 20245, Millennium Tower, Tel-Aviv, ISR, 61202
ICL Group Ltd is a manufacturer of products based on minerals. The firm is comprised of four segments: phosphate solutions, potash, industrial products, and growing solutions. These segments all contribute to the company's development of agriculture, food, and engineered material products and services. Maximum revenue is generated from its phosphate solutions segment which uses phosphate commodity products, such as phosphate rock and fertilizer-grade phosphoric acid (green phosphoric acid), to produce specialty products. This segment also produces and markets phosphate-based fertilizers. Geographically, the company generates revenue from Brazil, the United States of America, China, United Kingdom, Germany, Spain, Israel, France, India, Netherlands, and other countries.
83GF Score

Get the complete analysis for XTAE:ICL

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₪15.00
Price
₪18.21
GF Value