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FAQs

When was ICF founded?

ICF was founded in 1969 as the Inner City Fund, a venture capital firm whose mission was to finance inner-city businesses. The firm's consulting business proved more successful than its investments, and in 1972, it was reorganized as a consulting firm and renamed ICF Incorporated. In 2006, the company was renamed ICF International to reflect the firm's growing geographic presence and increased scope of its service offerings from advisory services through implementation and improvement. In September 2016, the firm was renamed ICF as part of its rebranding effort. The new brand reinforces ICF’s identity as a trusted services provider in key markets ranging from energy and energy efficiency to cybersecurity, health and social programs, disaster management, and marketing services.

When was the company's initial public offering?

The initial public offering occurred on September 28, 2006.

Where is the company's corporate headquarters?

ICF
1902 Reston Metro Plaza
Reston, VA 20190

How many employees does ICF have?

As of December 31, 2022, ICF employs approximately 9,000 employees across the globe.

Has ICF made any acquisitions?

ICF has made more than 25 acquisitions between 2005 and 2023. These acquisitions reflect our commitment to a growth strategy that helps us continue to provide better services and implementation of solutions as well as greater depth of expertise to our clients.

In 2023, we acquired CMY, a power engineering firm that advises utilities and energy project developers across the U.S., Europe, and Asia, which strengthens our ability to support clients’ needs for grid transformation, reliability, resilience and renewables integration. We also divested our commercial loyalty programs and integrated communications services for consumer and financial clients, as part of our strategy to focus on key growth markets within our government and commercial energy client sets.

In 2022, we acquired Blanton & Associates, Inc., an environmental consulting, planning and project management firm that supports a variety of infrastructure projects in key markets, strengthening our presence in Texas. We also acquired SemanticBits, which broadens ICF's digital modernization capabilities with leading open-source solutions for U.S. federal agencies and adds health IT expertise.

In 2021, we acquired Creative Systems and Consulting to enhance our capabilities in delivering low-code/no-code platforms to the U.S. federal government, and ESAC, also known as Enterprise Science and Computing, to expand our health analytics and bioinformatics capabilities in the public health arena.

In 2020, we acquired Incentive Technology Group, LLC to expand our IT modernization services to the U.S. federal government.

In 2018, we acquired DMS Disaster Consultants to augment and enhance our disaster response, recovery, and preparedness capabilities.

Other acquisitions expanded our digital marketing, strategic communications, and customer engagement offerings. These acquisitions include: Ironworks Consulting (2011), Ecommerce Accelerator, LLC (2013), Mostra S.A. (2014), Citytech (2014), Olson (2014), Trade NTE (2016), The Future Customer (2017) and We Are Vista (2018).

To expand our geographic footprint, in 2012 we acquired GHK Holdings Limited, a London-based consultancy with offices in Europe and Asia that added capabilities in core ICF areas such as environment, health, education, social programs, and international development. The acquisition of Mostra S.A (above) also contributed to expanding our footprint in Europe.

We acquired Jacob & Sundstrom, Inc. in 2009 to expand our capabilities in cybersecurity and identity management services to U.S. federal agencies.

The acquisitions of Energy and Environmental Analysis (EEA), Inc. (2007), Jones & Stokes (2008), Marbek Resource Consultants Ltd. in Canada (2010), and Symbiotic Engineering, LLC (2012) expanded the firm’s environmental capabilities and offerings. We significantly strengthened our transportation service offerings with federal, state, and industry clients through the acquisition of SH&E (2007), one of the world’s largest consulting firms dedicated to air transport, and Aerostrategy (2011), a management consulting firm focused on the aviation and aerospace sectors.

In 2007, we sought to enhance our capabilities in the federal space by acquiring Advanced Performance Consulting Group and Z-Tech Corporation, focused on organizational performance and health information/health technology services, respectively. We further augmented our public health capabilities when we acquired Macro International Inc. (2009). ICF acquired Synergy, Inc. and Caliber Associates in 2005, enhancing our ability to serve the U.S. departments of Health & Human Services, Justice, Defense, and Education.

I am an investor or prospective investor. How can I learn more about ICF?

To learn more about our business, visit the About section of ICF.com. To learn more about ICF financial reports, go to the Annual Reports and SEC Filings sections of this website.

What stock exchange is ICF listed on? What is ICF's ticker symbol?

ICF is listed on the NASDAQ under the symbol ICFI.

Who is the company's transfer agent and registrar?

American Stock Transfer & Trust Company
59 Maiden Lane
Plaza Level
New York, NY 10038

Phone: 1.800.937.5449
E-mail: info@amstock.com

Does ICF have an employee stock purchase plan?

Yes.

When is the next earnings release?

With the exception of the fourth quarter, ICF generally releases earnings within five weeks after the close of the quarter. Fourth quarter results are released approximately eight weeks after the fiscal year-end on December 31.

When does the company's fiscal year end?

The company's fiscal year for financial reporting is January 1 through December 31.

Who are the company’s independent auditors?

Grant Thornton LLP
1000 Wilson Boulevard, Suite 1400
Arlington, VA 22209

When is the company's annual meeting of shareholders?

The Annual Meeting of Stockholders of ICF International, Inc. is generally held in late May or early June. Formal notice will be sent to the shareholders of record with a proxy containing information about the items to be voted on.

How many members are on ICF’s Board of Directors and how many are outside directors?

ICF’s Board of Directors is comprised of eight members. Seven members are outside directors. NASDAQ rules require ICF to have a Board with a majority of independent members. Independent members must not be employed by ICF currently or within the past three years and must own less than ten percent of ICF’s outstanding shares.

Does ICF pay a dividend?

On February 27, 2024, our Board of Directors declared a quarterly cash dividend of $0.14 per common share, payable on April 12, 2024, to shareholders of record at the close of business on March 22, 2024.

Future dividends will be determined by the Board of Directors and will depend on our future earnings, financial condition, and cash requirements.

Am I entitled to a dividend?

If you are a shareholder of record as of the Record Date, you are entitled to the current dividend. To qualify as such, you would have to be a shareholder of record by March 22, 2024. If you purchased your shares on or after the Record Date, you are not entitled to the current dividend.

How will I receive my dividend?

If you own your shares in your name as a registered shareholder with ICF’s transfer agent, American Stock Transfer (AST), the dividend is payable to you either by physical check or via Direct Deposit. If you have not previously elected to receive dividend payments by Direct Deposit but would like to do so, please complete the Direct Deposit Authorization Form here http://www.astfinancial.com/ or contact AST by dialing a toll-free number 1-800-937-5449. AST representatives will be available to assist you Monday through Friday, 8:00 am– 8:00 pm Eastern Time.

If you own your shares through a broker / dealer in “street name,” you will receive your cash dividend through your broker / dealer. Please contact your broker / dealer to get specific information on how you will receive your dividend.

If you are unsure which of these categories apply to you, please contact your broker / dealer or AST via email at info@astfinancial.com or by phone at 1-800-937-5449.

What if I did not receive my dividend?

If held in “street name,” please contact your broker / dealer to have them research the issue directly.

If held as a registered shareholder with AST, please contact AST via email at info@astfinancial.com or by phone at 1-800-937-5449.

How can I contact the Investor Relations department at ICF?

Lynn Morgen
AdvisIRy Partners
501 Madison Avenue, Floor 12A
New York, NY 10022
Phone: 1.212.750.5800

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