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Icons
Icon plc is a publicly traded company listed on the NASDAQ stock exchange in the USA under the ticker symbol "ICLR." Icon is a global provider of drug development solutions and services to pharmaceutical, biotechnology, and medical device companies.
In terms of financial performance, Icon reported revenue of $2.16 billion for the full year 2021, representing an increase of 11.4% compared to the previous year. The company's net income for the year was $250.5 million, up from $222.9 million in 2020.
Icon's earnings per share (EPS) for the full year 2021 was $4.66, representing an increase of 12.9% compared to the previous year. The company's earnings growth has been strong in recent years, with a compound annual growth rate (CAGR) of 13.3% over the past five years.
Icon's balance sheet is also strong, with a cash and cash equivalents balance of $448.5 million as of December 31, 2021. The company's total debt stood at $781.1 million as of the same date.
In terms of valuation, Icon's stock currently trades at a price-to-earnings (P/E) ratio of around 21.5x, based on its trailing twelve-month (TTM) EPS of $4.66. This valuation is slightly higher than the industry average, reflecting the company's strong financial performance and growth prospects.
Overall, Icon is a well-established and financially strong company with a solid track record of growth and profitability. The company's focus on providing drug development solutions and services to the healthcare industry positions it well for continued growth and success in the coming years.
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