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Side-by-side financial comparison of ICON PLC (ICLR) and SONOCO PRODUCTS CO (SON). Click either name above to swap in a different company.

ICON PLC is the larger business by last-quarter revenue ($2.0B vs $1.7B, roughly 1.2× SONOCO PRODUCTS CO). SONOCO PRODUCTS CO runs the higher net margin — 4.1% vs 0.1%, a 3.9% gap on every dollar of revenue. On growth, ICON PLC posted the faster year-over-year revenue change (0.6% vs -1.9%). ICON PLC produced more free cash flow last quarter ($333.9M vs $-428.3B). Over the past eight quarters, SONOCO PRODUCTS CO's revenue compounded faster (1.2% CAGR vs 0.6%).

ICON plc is an Irish headquartered multinational healthcare intelligence and clinical research organisation. As of February 2025 had approximately 41,900 employees in 55 countries.

Sonoco Products Company is an American provider of diversified consumer packaging, industrial products, protective packaging, and packaging supply chain services and the world's largest producer of composite cans, tubes, and cores. The company was founded in 1889 as Southern Novelty Company with annualized net sales of approximately $7.3 billion. Sonoco has 19,900 employees in more than 335 operations in 33 countries, serving more than 85 nations. The company is headquartered in Hartsville, S...

ICLR vs SON — Head-to-Head

Bigger by revenue
ICLR
ICLR
1.2× larger
ICLR
$2.0B
$1.7B
SON
Growing faster (revenue YoY)
ICLR
ICLR
+2.6% gap
ICLR
0.6%
-1.9%
SON
Higher net margin
SON
SON
3.9% more per $
SON
4.1%
0.1%
ICLR
More free cash flow
ICLR
ICLR
$428.6B more FCF
ICLR
$333.9M
$-428.3B
SON
Faster 2-yr revenue CAGR
SON
SON
Annualised
SON
1.2%
0.6%
ICLR

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ICLR
ICLR
SON
SON
Revenue
$2.0B
$1.7B
Net Profit
$2.4M
$68.0M
Gross Margin
20.6%
Operating Margin
4.2%
7.6%
Net Margin
0.1%
4.1%
Revenue YoY
0.6%
-1.9%
Net Profit YoY
-98.8%
24.1%
EPS (diluted)
$0.03
$0.68

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
ICLR
ICLR
SON
SON
Q1 26
$1.7B
Q4 25
$1.8B
Q3 25
$2.0B
$2.1B
Q2 25
$2.0B
$1.9B
Q1 25
$2.0B
$1.7B
Q3 24
$2.0B
$1.7B
Q2 24
$2.1B
$1.6B
Q1 24
$2.1B
$1.6B
Net Profit
ICLR
ICLR
SON
SON
Q1 26
$68.0M
Q4 25
$332.2M
Q3 25
$2.4M
$122.9M
Q2 25
$183.0M
$493.4M
Q1 25
$154.2M
$54.4M
Q3 24
$197.1M
$50.9M
Q2 24
$146.9M
$90.8M
Q1 24
$187.4M
$65.2M
Gross Margin
ICLR
ICLR
SON
SON
Q1 26
20.6%
Q4 25
19.6%
Q3 25
21.9%
Q2 25
21.3%
Q1 25
20.7%
Q3 24
21.4%
Q2 24
22.0%
Q1 24
20.6%
Operating Margin
ICLR
ICLR
SON
SON
Q1 26
7.6%
Q4 25
29.4%
Q3 25
4.2%
9.1%
Q2 25
10.4%
9.2%
Q1 25
11.0%
7.4%
Q3 24
14.1%
7.6%
Q2 24
10.8%
8.6%
Q1 24
13.7%
6.9%
Net Margin
ICLR
ICLR
SON
SON
Q1 26
4.1%
Q4 25
18.8%
Q3 25
0.1%
5.8%
Q2 25
9.1%
25.8%
Q1 25
7.7%
3.2%
Q3 24
9.7%
3.0%
Q2 24
6.9%
5.6%
Q1 24
9.0%
4.0%
EPS (diluted)
ICLR
ICLR
SON
SON
Q1 26
$0.68
Q4 25
$3.33
Q3 25
$0.03
$1.23
Q2 25
$2.30
$4.96
Q1 25
$1.90
$0.55
Q3 24
$2.36
$0.51
Q2 24
$1.76
$0.92
Q1 24
$2.25
$0.66

Balance Sheet & Financial Strength

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

Metric
ICLR
ICLR
SON
SON
Cash + ST InvestmentsLiquidity on hand
$468.9M
$224.5M
Total DebtLower is stronger
$3.5B
Stockholders' EquityBook value
$9.3B
$3.6B
Total Assets
$16.5B
$11.1B
Debt / EquityLower = less leverage
0.97×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ICLR
ICLR
SON
SON
Q1 26
$224.5M
Q4 25
$378.4M
Q3 25
$468.9M
$244.9M
Q2 25
$390.4M
$329.8M
Q1 25
$526.7M
$181.8M
Q3 24
$695.5M
$1.9B
Q2 24
$506.6M
$140.2M
Q1 24
$396.1M
$172.2M
Total Debt
ICLR
ICLR
SON
SON
Q1 26
$3.5B
Q4 25
$3.8B
Q3 25
$3.8B
Q2 25
$5.0B
Q1 25
$5.0B
Q3 24
$4.3B
Q2 24
$2.5B
Q1 24
Stockholders' Equity
ICLR
ICLR
SON
SON
Q1 26
$3.6B
Q4 25
$3.6B
Q3 25
$9.3B
$3.3B
Q2 25
$9.6B
$3.2B
Q1 25
$9.5B
$2.4B
Q3 24
$9.8B
$2.5B
Q2 24
$9.6B
$2.4B
Q1 24
$9.4B
$2.4B
Total Assets
ICLR
ICLR
SON
SON
Q1 26
$11.1B
Q4 25
$11.2B
Q3 25
$16.5B
$11.7B
Q2 25
$16.6B
$12.0B
Q1 25
$16.7B
$12.7B
Q3 24
$17.2B
$9.0B
Q2 24
$17.0B
$7.2B
Q1 24
$17.0B
$7.2B
Debt / Equity
ICLR
ICLR
SON
SON
Q1 26
0.97×
Q4 25
1.05×
Q3 25
1.15×
Q2 25
1.54×
Q1 25
2.03×
Q3 24
1.74×
Q2 24
1.04×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
ICLR
ICLR
SON
SON
Operating Cash FlowLast quarter
$387.6M
Free Cash FlowOCF − Capex
$333.9M
$-428.3B
FCF MarginFCF / Revenue
16.3%
-25554.2%
Capex IntensityCapex / Revenue
2.6%
3601.4%
Cash ConversionOCF / Net Profit
164.59×
TTM Free Cash FlowTrailing 4 quarters
$1.0B
$-427.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ICLR
ICLR
SON
SON
Q1 26
Q4 25
$412.9M
Q3 25
$387.6M
$291.5M
Q2 25
$146.2M
$193.4M
Q1 25
$268.2M
$-208.1M
Q3 24
$402.7M
$162.1M
Q2 24
$218.6M
$109.3M
Q1 24
$327.1M
$166.2M
Free Cash Flow
ICLR
ICLR
SON
SON
Q1 26
$-428.3B
Q4 25
$322.3M
Q3 25
$333.9M
$225.6M
Q2 25
$113.9M
$98.6M
Q1 25
$239.3M
$-300.8M
Q3 24
$359.3M
$70.5M
Q2 24
$182.3M
$16.0M
Q1 24
$299.9M
$79.8M
FCF Margin
ICLR
ICLR
SON
SON
Q1 26
-25554.2%
Q4 25
18.2%
Q3 25
16.3%
10.6%
Q2 25
5.6%
5.2%
Q1 25
12.0%
-17.6%
Q3 24
17.7%
4.2%
Q2 24
8.6%
1.0%
Q1 24
14.3%
4.9%
Capex Intensity
ICLR
ICLR
SON
SON
Q1 26
3601.4%
Q4 25
5.1%
Q3 25
2.6%
3.1%
Q2 25
1.6%
5.0%
Q1 25
1.4%
5.4%
Q3 24
2.1%
5.5%
Q2 24
1.7%
5.7%
Q1 24
1.3%
5.3%
Cash Conversion
ICLR
ICLR
SON
SON
Q1 26
Q4 25
1.24×
Q3 25
164.59×
2.37×
Q2 25
0.80×
0.39×
Q1 25
1.74×
-3.82×
Q3 24
2.04×
3.18×
Q2 24
1.49×
1.20×
Q1 24
1.74×
2.55×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ICLR
ICLR

Other Customers$681.3M33%
Clients1125$549.4M27%
Clients15$503.3M25%
Clients610$308.8M15%

SON
SON

Segment breakdown not available.

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