ICF International annual debt-to-equity ratio
2010
2011
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2014
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2021
2022
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2024
2025
ICF International Debt-to-Equity Ratio Growth & History (ICFI)
ICF International's debt-to-equity ratio was 0.56 for fiscal 2025.
View full ICF International company overviewICF International annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.56 | −0.06 | −9.16% |
| 2024 | 2024-12-31 | 0.61 | −0.09 | −12.47% |
| 2023 | 2023-12-31 | 0.70 | −0.21 | −23.03% |
| 2022 | 2022-12-31 | 0.91 | 0.10 | +12.77% |
| 2021 | 2021-12-31 | 0.81 | 0.20 | +33.29% |
| 2020 | 2020-12-31 | 0.61 | 0.16 | +36.88% |
| 2019 | 2019-12-31 | 0.44 | 0.14 | +45.73% |
| 2018 | 2018-12-31 | 0.30 | −0.03 | −9.36% |
| 2017 | 2017-12-31 | 0.33 | −0.12 | −26.94% |
| 2016 | 2016-12-31 | 0.46 | −0.14 | −23.02% |
| 2015 | 2015-12-31 | 0.60 | −0.10 | −14.85% |
| 2014 | 2014-12-31 | 0.70 | 0.61 | +728.64% |
| 2013 | 2013-12-31 | 0.08 | −0.16 | −65.55% |
| 2012 | 2012-12-31 | 0.24 | −0.12 | −33.62% |
| 2011 | 2011-12-31 | 0.37 | 0.13 | +53.10% |
| 2010 | 2010-12-31 | 0.24 | — | — |
ICF International quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.54 | −0.10 | −16.26% |
| Q1 2026 | 2026-03-31 | 0.58 | −0.13 | −17.71% |
| Q4 2025 | 2025-12-31 | 0.56 | −0.06 | −9.16% |
| Q3 2025 | 2025-09-30 | 0.61 | −0.02 | −3.40% |
| Q2 2025 | 2025-06-30 | 0.64 | −0.03 | −4.55% |
| Q1 2025 | 2025-03-31 | 0.71 | −0.04 | −4.72% |
| Q4 2024 | 2024-12-31 | 0.61 | −0.09 | −12.47% |
| Q3 2024 | 2024-09-30 | 0.63 | −0.20 | −24.33% |
| Q2 2024 | 2024-06-30 | 0.67 | −0.27 | −28.41% |
| Q1 2024 | 2024-03-31 | 0.74 | −0.23 | −23.26% |
| Q4 2023 | 2023-12-31 | 0.70 | −0.21 | −23.03% |
| Q3 2023 | 2023-09-30 | 0.83 | −0.27 | −24.69% |
| Q2 2023 | 2023-06-30 | 0.94 | 0.13 | +16.60% |
| Q1 2023 | 2023-03-31 | 0.97 | 0.12 | +14.57% |
| Q4 2022 | 2022-12-31 | 0.91 | 0.10 | +12.77% |
| Q3 2022 | 2022-09-30 | 1.11 | 0.60 | +117.28% |
| Q2 2022 | 2022-06-30 | 0.81 | 0.21 | +34.52% |
| Q1 2022 | 2022-03-31 | 0.85 | 0.23 | +38.31% |
| Q4 2021 | 2021-12-31 | 0.81 | 0.20 | +33.29% |
| Q3 2021 | 2021-09-30 | 0.51 | −0.22 | −30.12% |
| Q2 2021 | 2021-06-30 | 0.60 | −0.26 | −30.08% |
| Q1 2021 | 2021-03-31 | 0.61 | −0.37 | −37.75% |
| Q4 2020 | 2020-12-31 | 0.61 | 0.16 | +36.88% |
| Q3 2020 | 2020-09-30 | 0.73 | 0.14 | +24.66% |
| Q2 2020 | 2020-06-30 | 0.86 | 0.19 | +29.16% |
| Q1 2020 | 2020-03-31 | 0.98 | 0.42 | +73.61% |
| Q4 2019 | 2019-12-31 | 0.44 | 0.14 | +45.73% |
| Q3 2019 | 2019-09-30 | 0.58 | 0.23 | +63.63% |
| Q2 2019 | 2019-06-30 | 0.67 | 0.28 | +73.49% |
| Q1 2019 | 2019-03-31 | 0.57 | 0.19 | +52.33% |
| Q4 2018 | 2018-12-31 | 0.30 | −0.03 | −9.36% |
| Q3 2018 | 2018-09-30 | 0.36 | −0.04 | −9.18% |
| Q2 2018 | 2018-06-30 | 0.38 | −0.10 | −20.94% |
| Q1 2018 | 2018-03-31 | 0.37 | — | — |
| Q4 2017 | 2017-12-31 | 0.33 | −0.12 | −26.94% |
| Q3 2017 | 2017-09-30 | 0.39 | −0.12 | −22.98% |
| Q2 2017 | 2017-06-30 | 0.49 | −0.11 | −18.17% |
| Q4 2016 | 2016-12-31 | 0.46 | −0.14 | −23.02% |
| Q3 2016 | 2016-09-30 | 0.51 | −0.13 | −20.43% |
| Q2 2016 | 2016-06-30 | 0.59 | −0.11 | −15.39% |
| Q1 2016 | 2016-03-31 | 0.64 | −0.10 | −14.04% |
| Q4 2015 | 2015-12-31 | 0.60 | −0.10 | −14.85% |
| Q3 2015 | 2015-09-30 | 0.64 | 0.41 | +172.29% |
| Q2 2015 | 2015-06-30 | 0.70 | 0.42 | +154.18% |
| Q1 2015 | 2015-03-31 | 0.74 | 0.48 | +185.01% |
| Q4 2014 | 2014-12-31 | 0.70 | 0.61 | +728.64% |
| Q3 2014 | 2014-09-30 | 0.24 | 0.10 | +71.92% |
| Q2 2014 | 2014-06-30 | 0.28 | 0.11 | +65.79% |
| Q1 2014 | 2014-03-31 | 0.26 | 0.06 | +32.26% |
| Q4 2013 | 2013-12-31 | 0.08 | −0.16 | −65.55% |
| Q3 2013 | 2013-09-30 | 0.14 | −0.14 | −50.33% |
| Q2 2013 | 2013-06-30 | 0.17 | −0.18 | −52.63% |
| Q1 2013 | 2013-03-31 | 0.20 | −0.18 | −47.70% |
| Q4 2012 | 2012-12-31 | 0.24 | −0.12 | −33.62% |
| Q3 2012 | 2012-09-30 | 0.28 | 0.15 | +111.81% |
| Q2 2012 | 2012-06-30 | 0.35 | 0.18 | +106.29% |
| Q1 2012 | 2012-03-31 | 0.38 | — | — |
| Q4 2011 | 2011-12-31 | 0.37 | 0.13 | +53.10% |
| Q3 2011 | 2011-09-30 | 0.13 | — | — |
| Q2 2011 | 2011-06-30 | 0.17 | — | — |
| Q4 2010 | 2010-12-31 | 0.24 | — | — |
ICF International debt-to-equity ratio trends
Over the last five fiscal years, ICF International's debt-to-equity ratio decreased from 0.61 to 0.56, a change of −0.05. The latest reported quarter, Q2 2026, shows 0.54.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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