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Side-by-side financial comparison of ICF International, Inc. (ICFI) and RMR GROUP INC. (RMR). Click either name above to swap in a different company.

ICF International, Inc. is the larger business by last-quarter revenue ($443.7M vs $66.7M, roughly 6.7× RMR GROUP INC.). RMR GROUP INC. runs the higher net margin — 18.3% vs 3.9%, a 14.4% gap on every dollar of revenue. On growth, RMR GROUP INC. posted the faster year-over-year revenue change (40.8% vs -10.6%).

ICF International, Inc. is an American publicly traded consulting and technology services company based in Reston, Virginia.

RMR Group Inc. is a U.S.-headquartered alternative asset management firm specializing in real estate and real estate-related investments. It operates across commercial property, residential real estate, and infrastructure segments, serving institutional investors, high-net-worth individuals, and retail clients across key global markets.

ICFI vs RMR — Head-to-Head

Bigger by revenue
ICFI
ICFI
6.7× larger
ICFI
$443.7M
$66.7M
RMR
Growing faster (revenue YoY)
RMR
RMR
+51.4% gap
RMR
40.8%
-10.6%
ICFI
Higher net margin
RMR
RMR
14.4% more per $
RMR
18.3%
3.9%
ICFI

Income Statement — Q4 2025 vs Q1 2026

Metric
ICFI
ICFI
RMR
RMR
Revenue
$443.7M
$66.7M
Net Profit
$17.3M
$12.2M
Gross Margin
35.7%
Operating Margin
6.5%
48.1%
Net Margin
3.9%
18.3%
Revenue YoY
-10.6%
40.8%
Net Profit YoY
-29.5%
91.1%
EPS (diluted)
$0.95
$0.71

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ICFI
ICFI
RMR
RMR
Q4 25
$443.7M
$66.7M
Q3 25
$465.4M
Q2 25
$476.2M
Q1 25
$487.6M
Q4 24
$496.3M
Q3 24
$517.0M
Q2 24
$512.0M
Q1 24
$494.4M
Net Profit
ICFI
ICFI
RMR
RMR
Q4 25
$17.3M
$12.2M
Q3 25
$23.8M
Q2 25
$23.7M
Q1 25
$26.9M
Q4 24
$24.6M
Q3 24
$32.7M
Q2 24
$25.6M
Q1 24
$27.3M
Gross Margin
ICFI
ICFI
RMR
RMR
Q4 25
35.7%
Q3 25
37.6%
Q2 25
37.3%
Q1 25
38.0%
Q4 24
36.1%
Q3 24
37.1%
Q2 24
35.7%
Q1 24
37.2%
Operating Margin
ICFI
ICFI
RMR
RMR
Q4 25
6.5%
48.1%
Q3 25
8.3%
Q2 25
8.4%
Q1 25
7.9%
Q4 24
7.3%
Q3 24
8.9%
Q2 24
8.3%
Q1 24
8.3%
Net Margin
ICFI
ICFI
RMR
RMR
Q4 25
3.9%
18.3%
Q3 25
5.1%
Q2 25
5.0%
Q1 25
5.5%
Q4 24
4.9%
Q3 24
6.3%
Q2 24
5.0%
Q1 24
5.5%
EPS (diluted)
ICFI
ICFI
RMR
RMR
Q4 25
$0.95
$0.71
Q3 25
$1.28
Q2 25
$1.28
Q1 25
$1.44
Q4 24
$1.29
Q3 24
$1.73
Q2 24
$1.36
Q1 24
$1.44

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ICFI
ICFI
RMR
RMR
Cash + ST InvestmentsLiquidity on hand
$5.3M
$49.3M
Total DebtLower is stronger
$401.4M
Stockholders' EquityBook value
$1.0B
$232.7M
Total Assets
$2.1B
$687.1M
Debt / EquityLower = less leverage
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ICFI
ICFI
RMR
RMR
Q4 25
$5.3M
$49.3M
Q3 25
$4.0M
Q2 25
$7.0M
Q1 25
$5.7M
Q4 24
$5.0M
Q3 24
$6.9M
Q2 24
$4.1M
Q1 24
$3.7M
Total Debt
ICFI
ICFI
RMR
RMR
Q4 25
$401.4M
Q3 25
$449.4M
Q2 25
$462.3M
Q1 25
$502.0M
Q4 24
$411.7M
Q3 24
$419.1M
Q2 24
$433.9M
Q1 24
$474.7M
Stockholders' Equity
ICFI
ICFI
RMR
RMR
Q4 25
$1.0B
$232.7M
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$968.9M
Q4 24
$982.5M
Q3 24
$976.3M
Q2 24
$943.3M
Q1 24
$916.1M
Total Assets
ICFI
ICFI
RMR
RMR
Q4 25
$2.1B
$687.1M
Q3 25
$2.1B
Q2 25
$2.1B
Q1 25
$2.1B
Q4 24
$2.1B
Q3 24
$2.0B
Q2 24
$2.0B
Q1 24
$2.0B
Debt / Equity
ICFI
ICFI
RMR
RMR
Q4 25
0.39×
Q3 25
0.44×
Q2 25
0.46×
Q1 25
0.52×
Q4 24
0.42×
Q3 24
0.43×
Q2 24
0.46×
Q1 24
0.52×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ICFI
ICFI
RMR
RMR
Operating Cash FlowLast quarter
$75.6M
$10.7M
Free Cash FlowOCF − Capex
$68.7M
FCF MarginFCF / Revenue
15.5%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
4.37×
0.88×
TTM Free Cash FlowTrailing 4 quarters
$120.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ICFI
ICFI
RMR
RMR
Q4 25
$75.6M
$10.7M
Q3 25
$47.3M
Q2 25
$52.0M
Q1 25
$-33.0M
Q4 24
$95.4M
Q3 24
$25.5M
Q2 24
$60.6M
Q1 24
$-10.0M
Free Cash Flow
ICFI
ICFI
RMR
RMR
Q4 25
$68.7M
Q3 25
$41.8M
Q2 25
$46.2M
Q1 25
$-36.5M
Q4 24
$89.5M
Q3 24
$20.4M
Q2 24
$55.5M
Q1 24
$-15.2M
FCF Margin
ICFI
ICFI
RMR
RMR
Q4 25
15.5%
Q3 25
9.0%
Q2 25
9.7%
Q1 25
-7.5%
Q4 24
18.0%
Q3 24
3.9%
Q2 24
10.8%
Q1 24
-3.1%
Capex Intensity
ICFI
ICFI
RMR
RMR
Q4 25
1.6%
Q3 25
1.2%
Q2 25
1.2%
Q1 25
0.7%
Q4 24
1.2%
Q3 24
1.0%
Q2 24
1.0%
Q1 24
1.1%
Cash Conversion
ICFI
ICFI
RMR
RMR
Q4 25
4.37×
0.88×
Q3 25
1.99×
Q2 25
2.20×
Q1 25
-1.23×
Q4 24
3.88×
Q3 24
0.78×
Q2 24
2.37×
Q1 24
-0.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ICFI
ICFI

US Federal Government$166.7M38%
Commercial$164.4M37%
US State And Local Government$78.7M18%
International Government$33.8M8%

RMR
RMR

Management Service Incentive$23.6M35%
Industrial Logistics Properties Trust$15.1M23%
Managed Private Real Estate Capital$11.1M17%
Office Properties Income Trust$5.6M8%
Other Private Entities$5.3M8%
RMR Residential$3.4M5%
Sonesta International Hotels Corporation$2.1M3%
Investment Advisory Management And Administrative Service$1.2M2%

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