NYSE$ICL

ICL Group Ltd · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

ICL Group reported modest year-over-year growth in revenue and adjusted EPS, supported by strong performance in specialties-led businesses.

ICL delivered higher Q1 2025 revenue compared to the previous year, with growth in adjusted EBITDA and EPS. Despite lower income and softer pricing in Potash, specialties segments like Phosphate and Growing Solutions showed resilience.

  • Revenue reached $1.767 billion, up from $1.735 billion last year.
  • Adjusted EPS remained flat at $0.09, with diluted EPS at $0.07.
  • Net income attributable to shareholders was $91 million, down from $109 million last year.
  • Specialties businesses drove year-over-year EBITDA growth, while Potash was impacted by lower contract pricing.

Headline financials

Total Revenue

$1.77B

No prior period
EPS (adj)

$0.09

No prior period
Adjusted EBITDA Margin

20.0%

No prior period
Dividend per Share

$0.04

No prior period
Net Income

$91M

No prior period
Operating Income

$185M

No prior period
Gross Profit

$560M

No prior period

Revenue & EPS history

ICL Group · Revenue · Quarterly

$1.77B

Q1 2025
Beat estimate in 5 of 11 quarters(45%)
ActualEstimate

Revenue by segment

ICL Group · $2.08B total across 4 segments · Q1 2026

  • Phosphate Solutions
    $679M
  • Growing Solutions
    $551M
  • Potash
    $503M
  • Industrial Products
    $349M

Forward guidance

ICL reaffirmed full-year 2025 guidance, expecting continued momentum from specialties businesses and stable potash volumes, while navigating uncertainties in global trade dynamics.

Tailwinds

  • Specialties-driven EBITDA forecast between $950 million to $1.15 billion.
  • Continued regional diversification to manage market volatility.
  • Potash volume guidance of 4.5M–4.7M metric tons.
  • Anticipated benefit from strong global presence.
  • Strategic investments in ag-biologicals and battery materials.

Headwinds

  • Potash pricing remains below market due to legacy contracts.
  • Industrial and electronics end-markets showing softness.
  • Operational challenges in Dead Sea production persist.
  • Slower demand in some specialty magnesia markets.
  • Exchange rate fluctuations impacted results in Brazil.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.2%

Avg return

Earnings day

+0.9%

Avg return

5 days after

-0.2%

Avg return

30 days after

49%

31 / 63 earnings

Positive

+11.1%

Q2 2018

Best reaction

-8.0%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+6.8%+0.8%-10.2%
Q4 2026-5.0%+4.7%+1.8%
Q3 2025-2.8%-4.4%-10.4%
Q2 2025-0.7%-0.2%+0.8%
Q1 2025-0.6%+1.2%-9.0%
Q4 2024-7.3%-8.5%-11.8%
Q2 2024+7.3%+9.6%+5.8%
Q4 2023+4.7%+3.9%+5.1%
Q3 2023+1.7%-2.3%+4.0%
Q2 2023+3.0%-0.3%-7.9%
Q1 2023+4.2%+7.7%-7.7%
Q4 2022-3.8%-3.7%-14.0%
Q3 2022-2.7%-3.1%-5.3%
Q2 2022-6.1%-0.8%+12.7%
Q1 2022+8.8%+15.4%-2.0%
Q4 2021+1.1%+0.4%+12.5%
Q3 2021-1.5%-0.4%-3.4%
Q2 2021+4.1%+5.2%-1.0%
Q1 2021+1.6%-1.2%+8.1%
Q4 2020+1.1%+4.7%+5.3%
Q3 2020+3.1%+6.2%+22.3%
Q2 2020+1.3%+5.2%+21.0%
Q1 2020-8.0%-11.4%-1.4%
Q4 2019-5.5%-11.3%-32.2%
Q3 2019-0.9%+1.9%-0.2%
Q2 2019+0.6%+0.2%-14.1%
Q1 2019+7.6%+7.4%+0.4%
Q4 2018-6.6%-7.3%-9.9%
Q3 2018+4.2%+7.5%+2.1%
Q2 2018+11.1%+9.4%+22.8%
Q1 2018+1.3%+0.4%+4.0%
Q4 2017+3.8%+3.0%+15.2%
Q3 2017-1.2%-2.4%-3.1%
Q2 2017-3.1%-1.0%-9.4%
Q1 2017+0.0%-0.7%+2.1%
Q4 2016-0.6%-1.5%-6.0%
Q3 2016-5.1%-4.6%+2.8%
Q2 2016+4.0%+4.5%+1.3%
Q1 2016-7.7%
Q4 2015+2.1%
Q3 2015-0.8%
Q2 2015+2.3%
Q1 2015-2.4%
Q4 2014+2.9%
Q3 2014-1.6%
Q2 2014+0.0%
Q1 2014+0.8%
Q4 2013-1.0%
Q3 2013+0.0%
Q2 2013-2.0%
Q1 2013-0.3%
Q4 2012-1.2%
Q3 2012+0.7%
Q2 2012+2.1%
Q1 2012+0.9%
Q4 2011+2.7%
Q3 2011-6.5%
Q2 2011+2.9%
Q1 2011+0.9%
Q4 2010-2.9%
Q3 2010+0.0%
Q2 2010-1.0%
Q1 2010+1.5%

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