ICL Group Ltd. (ICL) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 25	$0.09	$0.09	0.0%	—	$1.7B	—
Q3 25	$0.1	$0.1	0.0%	—	$1.9B	—
Q2 25	$0.08	$0.09	+12.5%	—	$1.8B	—
Q1 25	$0.09	$0.09	0.0%	—	$1.8B	—
Q4 24	$0.09	$0.08	-11.1%	—	$1.6B	—
Q3 24	$0.08	$0.11	+37.5%	—	$1.8B	—
Q2 24	$0.09	$0.1	+11.1%	—	$1.8B	—
Q1 24	$0.09	$0.09	0.0%	—	$1.7B	—
Q4 23	$0.08	$0.1	+25.0%	—	$1.7B	—
Q3 23	$0.09	$0.11	+22.2%	—	$1.9B	—
Q2 23	$0.13	$0.13	0.0%	—	$1.9B	—
Q1 23	$0.21	$0.23	+9.5%	—	$2.1B	—
Q4 22	$0.29	$0.28	-3.4%	—	$2.1B	—
Q3 22	$0.45	$0.49	+8.9%	—	$2.5B	—
Q2 22	$0.53	$0.58	+9.4%	—	$2.9B	—
Q1 22	$0.29	$0.49	+69.0%	—	$2.5B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.18	—	—	$7.2B	—
FY24	—	$0.32	—	—	$6.8B	—
FY23	—	$0.5	—	—	$7.5B	—
FY22	—	$1.68	—	—	$10B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$5.4B	$5.4B	$5.6B	$5.3B	$5B	$7B	$10B	$7.5B	$6.8B	$7.2B
YoY change	-0.78%	+1.03%	+2.55%	-5.13%	-4.33%	+37.9%	+44%	-24.8%	-9.22%	+4.56%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	5.4B	5.4B	5.6B	5.3B	5B	7B	10B	7.5B	6.8B	7.2B
Cost of revenue	3.7B	3.7B	3.7B	3.5B	3.6B	4.3B	5B	4.9B	4.6B	5B
Gross profit	1.7B	1.7B	1.9B	1.8B	1.5B	2.6B	5B	2.7B	2.3B	2.2B
Gross margin	31%	30.9%	33.4%	34.5%	29.5%	37.5%	50.2%	35.4%	33%	30.6%
Research & development	73M	55M	55M	50M	54M	64M	68M	71M	69M	70M
Selling, general & administrative	1.1B	1B	1.1B	1B	1.1B	1.3B	1.5B	1.4B	1.4B	1.4B
Operating expenses	1.2B	1.1B	1.2B	1.1B	1.2B	1.4B	1.6B	1.5B	1.5B	1.5B
Operating income	456M	577M	744M	734M	292M	1.2B	3.5B	1.2B	778M	688M
Operating margin	8.5%	10.6%	13.4%	13.9%	5.79%	17.2%	34.6%	16%	11.4%	9.62%
Non-operating income, net	-423M	78M	778M	34M	-112M	16M	12M	-109M	-15M	-101M
Pretax income	-117M	505M	1.4B	628M	49M	1.1B	3.4B	974M	636M	441M
Income tax	55M	158M	129M	147M	25M	260M	1.2B	287M	172M	161M
Net income	-172M	347M	1.2B	481M	24M	832M	2.2B	687M	464M	280M
Net margin	-3.21%	6.4%	22.2%	9.13%	0.48%	12%	22.2%	9.12%	6.78%	3.91%
EBITDA	854M	914M	2B	1.1B	751M	1.7B	4B	1.8B	1.4B	1.3B
EPS	-0.1	0.29	0.97	0.37	0.01	0.61	1.68	0.5	0.32	0.18
Diluted EPS	-0.1	0.29	0.97	0.37	0.01	0.6	1.67	0.5	0.32	0.18

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	1.9B	1.7B	1.7B	1.8B	1.8B	1.6B	1.8B	1.8B	1.9B	1.7B	2B	2.1B
Cost of revenue	1.3B	1.1B	1.2B	1.2B	1.2B	1.1B	1.2B	1.3B	1.2B	1.2B	1.4B	1.5B
Gross profit	586M	560M	557M	568M	596M	535M	560M	554M	604M	468M	626M	664M
Gross margin	31.5%	33.1%	32.1%	32.4%	34%	33.4%	31.7%	30.2%	32.6%	27.5%	30.9%	31.1%
Research & development	17M	17M	17M	14M	19M	19M	18M	19M	16M	17M	15M	14M
Selling, general & administrative	330M	357M	337M	344M	343M	347M	345M	346M	363M	359M	377M	383M
Operating expenses	359M	343M	354M	358M	362M	366M	375M	365M	379M	376M	392M	397M
Operating income	239M	217M	203M	210M	234M	131M	185M	189M	225M	77M	234M	267M
Operating margin	12.8%	12.8%	11.7%	12%	13.3%	8.18%	10.5%	10.3%	12.1%	4.53%	11.6%	12.5%
Non-operating income, net	-12M	—	—	1M	-19M	3M	—	-8M	5M	-86M	1M	-1M
Pretax income	185M	117M	168M	178M	176M	114M	148M	168M	186M	-61M	193M	224M
Income tax	43M	33M	42M	48M	49M	33M	42M	60M	57M	2M	53M	72M
Net income	142M	84M	126M	130M	127M	81M	106M	108M	129M	-63M	140M	152M
Net margin	7.63%	4.97%	7.26%	7.42%	7.24%	5.06%	6%	5.9%	6.96%	-3.7%	6.92%	7.12%
EBITDA	383M	168M	375M	389M	362M	251M	361M	416M	388M	39M	414M	523M
EPS	0.11	0.05	0.08	0.09	0.09	0.06	0.07	0.07	0.09	-0.06	0.1	0.11
Diluted EPS	0.11	0.05	0.08	0.09	0.09	0.06	0.07	0.07	0.09	-0.06	0.1	0.11

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	5.2B	5.2B	7.2B	6.1B	6.5B	12.4B	9.4B	6.5B	6.4B	7.4B	6.5B
Enterprise value	8.5B	8.2B	9.4B	8.4B	8.8B	14.9B	11.7B	8.6B	8.2B	9.6B	9.6B
Shares outstanding	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	14.9	5.85	12.7	269.3	14.9	4.24	9.4	13.7	26.3	21
P/S	0.98	0.95	1.3	1.16	1.28	1.78	0.94	0.86	0.93	1.03	0.91
P/B	1.97	1.76	1.85	1.51	1.58	2.62	1.65	1.07	1.06	1.18	1.06
EV/EBITDA	9.96	8.96	4.77	7.37	11.7	8.89	2.91	4.82	5.89	7.31	6.95
EV/Sales	1.59	1.51	1.7	1.6	1.74	2.14	1.17	1.14	1.2	1.35	1.24
Earnings yield	—	6.73%	17.1%	7.85%	0.37%	6.71%	23.6%	10.6%	7.28%	3.8%	4.76%
FCF yield	6.38%	7.56%	0.66%	6.79%	2.75%	3.66%	13.6%	12.6%	11.8%	3.15%	1.99%
PEG	—	—	—	—	—	—	—	—	—	—	0.37

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	31%	30.9%	33.4%	34.5%	29.5%	37.5%	50.2%	35.4%	33%	30.6%	31.1%
Operating margin	8.5%	10.6%	13.4%	13.9%	5.79%	17.2%	34.6%	16%	11.4%	9.62%	12.5%
Net margin	-3.21%	6.4%	22.2%	9.13%	0.48%	12%	22.2%	9.12%	6.78%	3.91%	3.96%
ROE	-6.47%	11.8%	31.5%	11.8%	0.59%	17.6%	38.8%	11.4%	7.75%	4.49%	5.63%
ROA	-2.01%	3.98%	14.1%	5.24%	0.25%	7.51%	18.9%	5.91%	4.1%	2.26%	4.1%
ROIC	7.69%	6.64%	11%	8.83%	2.24%	12.7%	28.2%	10.5%	7.24%	5.14%	5.84%
Return on tangible assets	-2.47%	4.9%	17%	6.08%	0.29%	8.9%	22.1%	6.95%	4.84%	2.67%	2.93%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.27	1.17	1.39	1.52	1.31	1.5	1.75	1.53	1.54	1.33	1.58
Quick ratio	0.64	0.64	0.75	0.78	0.73	0.9	0.93	0.88	0.84	0.71	0.94
Debt / equity	1.27	1.1	0.62	0.64	0.67	0.64	0.49	0.45	0.38	0.44	0.51
Debt / assets	0.4	0.37	0.28	0.28	0.28	0.27	0.24	0.23	0.2	0.22	0.25
Net debt / EBITDA	3.83	3.32	1.12	2.01	3.06	1.47	0.57	1.18	1.33	1.72	1.93
Interest coverage	0.09	6.21	7.37	6.92	1.51	11.1	25.7	7.09	5.36	3.98	2.45
Effective tax rate	0%	31.3%	9.46%	23.4%	51%	23.8%	34.8%	29.5%	27%	36.5%	33.9%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	4.21	4.25	4.35	4.12	3.94	5.42	7.78	5.84	5.3	5.54	5.97
EPS (basic)	-0.1	0.29	0.97	0.37	0.01	0.61	1.68	0.5	0.32	0.18	0.18
EPS (diluted)	-0.1	0.29	0.97	0.37	0.01	0.6	1.67	0.5	0.32	0.18	0.24
Book value per share	2.09	2.3	3.07	3.18	3.19	3.69	4.44	4.68	4.64	4.84	4.76
FCF per share	0.26	0.31	0.04	0.33	0.14	0.35	0.99	0.63	0.59	0.18	0.27
Cash per share	0.09	0.14	0.17	0.23	0.34	0.44	0.39	0.46	0.34	0.38	0.51
Capex per share	0.49	0.35	0.45	0.45	0.49	0.48	0.58	0.6	0.55	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	11.7%	8.21%	10.3%	10.9%	12.4%	8.79%	7.46%	10.4%	10.4%	—	—
Capex / operating cash flow	98.6%	44%	38.4%	50.7%	88.2%	53.1%	24.4%	35.8%	50.7%	—	—
Payout ratio	-94.2%	68.3%	19.5%	56.8%	491.7%	33.2%	52.5%	69%	54.1%	80%	79.4%
Dividend yield	3.09%	4.6%	3.33%	4.46%	1.83%	2.22%	12.4%	7.34%	3.94%	3.04%	4.62%

Yield

4.62%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.058

ex-dividend Sep 2, 2026

Payout ratio

79%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 2, 2026	$0.058
Jun 2, 2026	$0.053
Mar 10, 2026	$0.047

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$1.9B	$1.7B	$1.7B	$1.8B	$1.8B	$1.6B	$1.8B	$1.8B	$1.9B	$1.7B	$2B	$2.1B
YoY change	-26.1%	-19.2%	-18%	-6.21%	-5.85%	-5.27%	+1.84%	+4.57%	+5.7%	+6.25%	+14.5%	+16.5%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	116M	173M	213M	298M	433M	564M	508M	592M	442M	496M
Receivables	966M	932M	990M	778M	883M	1.4B	1.6B	1.4B	1.3B	1.4B
Inventory	1.3B	1.2B	1.3B	1.3B	1.3B	1.6B	2.1B	1.7B	1.6B	1.9B
Total current assets	2.6B	2.7B	2.8B	2.7B	2.8B	3.9B	4.5B	4B	3.6B	4.2B
Property, plant & equipment	4.3B	4.5B	4.7B	5.3B	5.5B	5.8B	6B	6.3B	6.5B	6.8B
Goodwill & intangibles	1.6B	1.6B	1.5B	1.3B	1.3B	1.7B	1.7B	1.7B	1.7B	1.9B
Total assets	8.6B	8.7B	8.8B	9.2B	9.7B	11.1B	11.8B	11.6B	11.3B	12.4B
Accounts payable	644M	790M	715M	712M	740M	1.1B	1B	912M	1B	1.2B
Short-term debt	588M	822M	610M	420M	679M	577M	512M	858M	384M	876M
Total current liabilities	2B	2.3B	2B	1.8B	2.2B	2.6B	2.6B	2.6B	2.3B	3.1B
Long-term debt	2.8B	2.4B	1.8B	2.2B	2.1B	2.4B	2.3B	1.8B	1.9B	1.9B
Total liabilities	5.9B	5.8B	4.9B	5.1B	5.6B	6.3B	6B	5.6B	5.3B	6.2B
Shareholders' equity	2.7B	2.9B	3.9B	4.1B	4.1B	4.7B	5.7B	6B	6B	6.2B
Total debt	3.4B	3.2B	2.4B	2.6B	2.7B	3B	2.8B	2.7B	2.3B	2.8B
Net debt	3.3B	3.1B	2.3B	2.5B	2.5B	2.5B	2.4B	2.3B	2B	2.5B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	469M	592M	484M	396M	503M	442M	433M	701M	476M	496M	581M	662M
Receivables	1.4B	1.4B	1.5B	1.4B	1.4B	1.3B	1.5B	1.4B	1.4B	1.4B	1.6B	1.6B
Inventory	1.7B	1.7B	1.6B	1.5B	1.6B	1.6B	1.6B	1.7B	1.8B	1.9B	1.9B	1.8B
Total current assets	3.9B	4B	3.9B	3.7B	3.8B	3.6B	3.8B	4.2B	4B	4.2B	4.5B	4.5B
Property, plant & equipment	—	6.3B	—	—	—	6.5B	—	—	—	6.8B	—	—
Goodwill & intangibles	851M	1.7B	897M	857M	916M	1.7B	918M	941M	962M	1.9B	964M	966M
Total assets	11.3B	11.6B	11.5B	11.2B	11.6B	11.3B	11.7B	12.4B	12.3B	12.4B	13B	13.2B
Accounts payable	814M	912M	914M	834M	921M	1B	1B	1.1B	1B	1.2B	1.2B	1.1B
Short-term debt	592M	858M	623M	577M	606M	384M	570M	365M	787M	876M	926M	646M
Total current liabilities	2.3B	2.6B	2.4B	2.3B	2.5B	2.3B	2.6B	2.4B	2.8B	3.1B	3.2B	2.8B
Long-term debt	2B	1.8B	1.9B	1.9B	1.8B	1.9B	1.9B	2.5B	1.9B	1.9B	2.2B	2.7B
Total liabilities	5.4B	5.6B	5.4B	5.2B	5.4B	5.3B	5.6B	6.1B	5.9B	6.2B	6.7B	6.7B
Shareholders' equity	5.9B	6B	6B	6B	6.1B	6B	6.1B	6.3B	6.4B	6.2B	6.3B	6.4B
Total debt	2.6B	2.7B	2.5B	2.4B	2.5B	2.3B	2.4B	2.9B	2.7B	2.8B	3.1B	3.3B
Net debt	2.3B	2.3B	2.1B	2.1B	2.1B	2B	2.1B	2.3B	2.3B	2.5B	2.7B	2.8B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-172M	347M	1.2B	481M	24M	832M	2.2B	687M	464M	280M
Depreciation & amortization	401M	390M	403M	443M	489M	490M	498M	536M	596M	615M
Stock-based compensation	15M	16M	19M	12M	—	—	—	—	—	—
Change in working capital	318M	168M	-319M	53M	167M	-410M	-830M	642M	162M	-143M
Operating cash flow	636M	1B	1.5B	1.1B	710M	1.2B	3.1B	2.2B	1.4B	1.1B
Capital expenditure	-627M	-445M	-570M	-576M	-626M	-611M	-747M	-780M	-713M	—
Investing cash flow	-812M	-336M	326M	-527M	-583M	-579M	-754M	-863M	-711M	-106M
Dividends paid	-162M	-237M	-241M	-273M	-118M	-276M	-1.2B	-474M	-251M	-224M
Share repurchases	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-239M	-511M	-1.2B	-673M	-157M	-302M	-1.3B	-737M	-725M	-78M
Net change in cash	-415M	165M	632M	-65M	-30M	270M	979M	581M	-29M	872M
Free cash flow	334M	390M	48M	416M	178M	454M	1.3B	815M	755M	232M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	142M	84M	126M	130M	127M	81M	106M	108M	129M	-63M	140M	152M
Depreciation & amortization	119M	146M	147M	152M	140M	157M	151M	150M	157M	157M	160M	167M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	158M	200M	-46M	15M	74M	119M	-158M	137M	-133M	11M	-172M	-58M
Operating cash flow	463M	485M	271M	347M	392M	397M	144M	269M	308M	314M	195M	290M
Capital expenditure	-191M	-255M	-145M	-142M	-159M	-267M	-190M	—	—	—	—	—
Investing cash flow	-189M	-265M	-102M	-128M	-208M	-273M	-191M	-14M	-9M	0	-54M	10M
Dividends paid	-82M	-68M	-61M	-59M	-63M	-68M	-52M	-55M	-55M	-62M	-60M	-69M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-278M	-64M	-229M	-238M	-91M	-185M	21M	34M	-337M	-2M	118M	-245M
Net change in cash	-4M	156M	-60M	-19M	93M	-61M	-26M	289M	-38M	312M	259M	55M
Free cash flow	235M	160M	134M	174M	249M	185M	-25M	67M	128M	62M	60M	93M

ICL Group Ltd. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement