ICON PLC
NASDAQ:ICLR

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ICON PLC
NASDAQ:ICLR
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Price: 213.28 USD 0.31% Market Closed
Market Cap: 17.6B USD
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Gross Margin
ICON PLC

29.7%
Current
29%
Average
44.3%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
29.7%
=
Gross Profit
2.5B
/
Revenue
8.3B

Gross Margin Across Competitors

Country IE
Market Cap 17.6B USD
Gross Margin
30%
Country US
Market Cap 1.2T USD
Gross Margin
55%
Country US
Market Cap 203.5B USD
Gross Margin
41%
Country US
Market Cap 169.6B USD
Gross Margin
60%
Country KR
Market Cap 66.9T KRW
Gross Margin
49%
Country CH
Market Cap 38.5B CHF
Gross Margin
29%
Country US
Market Cap 38.7B USD
Gross Margin
55%
Country US
Market Cap 35.8B USD
Gross Margin
35%
Country US
Market Cap 26.9B USD
Gross Margin
59%
Country US
Market Cap 24.3B USD
Gross Margin
35%
Country US
Market Cap 22.1B USD
Gross Margin
60%
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ICON PLC
Glance View

Market Cap
17.6B USD
Industry
Life Sciences Tools & Services

In the rapidly evolving landscape of global healthcare, ICON PLC stands out as a formidable player, seamlessly bridging the gap between innovative drug development and practical clinical application. Founded in Dublin, Ireland, ICON has grown into a multinational enterprise, deeply embedded in the research and development phases of various medical and biopharmaceutical companies. The company's core strength lies in its ability to offer comprehensive clinical trial services, encompassing every stage of drug development, from initial study design through to final data management and regulatory submissions. ICON's systematic approach not only shortens the timeline for bringing novel therapeutics to market but also ensures that these breakthroughs are both effective and safe, thereby garnering trust from clients ranging from burgeoning biotech startups to pharmaceutical giants. As a contract research organization (CRO), ICON operates within a business model designed to capitalize on the booming demand for outsourced R&D support. This model involves entering into strategic partnerships with clients to conduct all necessary research activities in exchange for fees, which can be structured through agreements for specific projects or longer-term collaborations. The company leverages its robust network, sophisticated technological platforms, and expert workforce to offer tailored solutions that optimize efficiency and accuracy. By doing so, ICON not only enhances its clients’ product pipelines but also secures a steady stream of revenue, further consolidated through repeat business and the expansion of its service repertoire to include emerging areas like digital health and real-world evidence. This disciplined and innovative approach propels ICON's growth, ensuring its financial health and reaffirming its integral role in driving medical advancement worldwide.

ICLR Intrinsic Value
304.69 USD
Undervaluation 30%
Intrinsic Value
Price
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
29.7%
=
Gross Profit
2.5B
/
Revenue
8.3B
What is the Gross Margin of ICON PLC?

Based on ICON PLC's most recent financial statements, the company has Gross Margin of 29.7%.