profit from every £100 of sales.
£0£100
ICG
£19.33+1.74% today
-4.7% in 1 year
1-year low £14.631-year high £21.20
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay £12.45 for every £1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What ICG sold, what it kept, and what it did with the cash.
Sales went from £765 million in 2022 to £951 million in 2025, with £451 million of profit last year.
SalesProfit
ICG handed back more cash to shareholders than it generated last year.
£229M
Free cash flow 2025£130M
Bought back its own shares£42M
Paid as dividends£229M
Cash vs. debt£605M vs. £6.1B
ICG vs. similar companies
ICG grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from £100 of sales | Sales growth a year | Price per £1 of profit |
|---|---|---|---|
| ICG | 12.5× · Cheap | ||
 BlackRock | 33.8× · Expensive | ||
 Blackstone | 50.7× · Expensive | ||
 Investor | 8.4× · Cheap | ||
 Brookfield | 73.4× · Very expensive |
AI analysis
An AI analyst reads ICG's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of GBP | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 765 | 599 | 926 | 951 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 527 | 281 | 473 | 451 | |
| – | 0.97 | 1.62 | 1.54 | |
| – | – | – | – | |
| – | – | – | – | |
| 68.9% | 46.8% | 51.1% | 47.4% |
Balance sheet
| In millions of GBP | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 8,873 | 9,053 | 9,122 | 9,343 |
| Cash | 762 | 550 | 627 | 605 |
| Total debt | 6,018 | 6,115 | 6,128 | 6,106 |
| Total liabilities | 6,871 | 7,007 | 6,822 | 6,852 |
| 1,972 | 2,020 | 2,302 | 2,491 | |
| – | 289 | 292 | 293 | |
| – | – | – | – | |
| 26.7% | 13.9% | 20.6% | 18.1% |
Cash flow
| In millions of GBP | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 243 | 292 | 256 | 136 | |
| 8 | 11 | 10 | 7 | |
| 236 | 280 | 246 | 130 | |
| Dividends paid | 166 | 236 | 223 | 229 |
| 21 | 39 | 0 | 42 | |
| – | – | – | – |
Valuation
- 12.5×
- –
- –
- 2.2×
- 5.9×
- 43.4×
- –
- 2.3%
- 8.0%
- 4.1%
Profitability
- –
- –
- 47.4%
- –
- –
- –
- –
- –
- –
- –
Growth
- +7.6%
- –
- –
- –
- +0.3%
Financial health
- –
- 2.45
- –
- –
- –
- –
- –
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 41%of 866
Bottom 47%of 862
Bottom 33%of 921
4.1%of the share price, paid each year
On $1,000 invested$41a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
50.7% of its profit
Room to growStretchedMore than it earns: 176.8%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about ICG
Is ICG a good stock to buy?
A strong, very profitable business, and the price looks low. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the ICG AI analysis
What does ICG do?
ICG plc is a private equity firm specializing in direct and fund of fund investments. Within direct it specializes in private debt, venture debt, credit and equity investments. It is in Asset Management, based in London, United Kingdom, with 712 employees.
Does ICG pay a dividend?
Yes. At today's price the dividend is 4.1% a year, about 51% of its yearly profit. In 2025 it paid out £229 million in dividends.
Is ICG stock halal?
No. ICG does not pass our halal screen: its debt is 109% of its market value, at or above the 33% limit. How we check
How has ICG stock done over the past year?
Down 4.7% over the past twelve months, to £19.33. It traded between £14.63 and £21.20 and is 8.8% below its high.
Who are ICG's competitors?
The largest listed companies in the same industry are BlackRock, Blackstone, Investor and Brookfield. The peers table on this page compares their profit, growth and price with ICG's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.