Icon PLC cash flow statement

In fiscal 2025, Icon PLC's operations generated $1.04bn of cash; it spent $174m on capital projects, leaving free cash flow of $862m. It returned $750m through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Icon PLC: cash flow statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash from operations	255	87	20	113	221	170	279	259	383	269	413	568	829	563	1,161	1,287	1,036
Depreciation and amortisation	33	34	39	43	47	53	58	60	61	66	62	66	315	570	586	489	383
Stock-based pay	7	7	9	12	14	23	33	40	31	32	27	26	134	71	56	46	102
Capital spending	34	31	35	31	29	33	50	43	45	48	39	41	94	142	141	168	174
Free cash flow	221	56	−15	83	192	137	229	217	338	220	374	527	735	421	1,020	1,119	862
Free cash flow after stock pay	214	49	−24	71	178	114	196	176	308	189	347	501	602	351	965	1,073	760
Share buybacks	—	—	9	16	—	140	458	110	133	129	147	175	0	100	0	500	750

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Icon PLC's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Icon PLC.