ICF (Nasdaq: ICFI) is a global consulting and technology services provider headquartered in Reston, Virginia. Founded in 1969 as the Inner City Fund, ICF has grown into a company with approximately 9,000 employees worldwide. In 2023, ICF reported annual revenue of USD 1.94 billion.
ICF offers a wide range of services across various sectors:
Energy and Environment: ICF provides energy efficiency program implementation, decarbonization strategies, climate change consulting, and disaster management services.
Government Services: The company offers IT modernization, digital transformation, and public health consulting for federal, state, and local government agencies.
Commercial Services: ICF delivers data analytics, technology solutions, and strategic communications for private sector clients.
International Development: The firm supports projects related to climate, environment, and infrastructure for international government clients and organizations.
In 2024, ICF continued to expand its capabilities and market presence. The company was recognized by Forbes as one of America's Best Management Consulting Firms for the ninth consecutive year, highlighting its expertise in data analytics, energy and environment, and sustainability. ICF also reported strong financial performance in Q1 2024, with revenues increasing 9% year-over-year when excluding divestitures. The company maintained a robust business development pipeline and achieved a trailing twelve-month book-to-bill ratio of 1.23, indicating continued growth potential.
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