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IQVIA IQV Asset turnover

Asset turnover at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
0.4×0.0×
UnitedHealth Group logo
UnitedHealth GroupUNH
1.4×+0.1×
Labcorp Holdings logo
Labcorp HoldingsLH
0.8×0.0×
Cognizant logo
CognizantCTSH
1.1×0.0×
Oracle logo
OracleORCL
0.3×-0.1×
Veeva Systems logo
Veeva SystemsVEEV
0.4×0.0×

Other financials

Income statement

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Revenue$4.2B+8.4%
Gross profit$1.4B+4.4%
Operating income$514.0M+3.6%
Net income$274.0M+10.0%
EPS (diluted)$1.61+15.0%

Balance sheet

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Cash & equivalents$1.9B+11.9%
Total debt$16.1B+10.7%
Total equity$6.2B+4.1%
Total assets$29.7B+8.6%

Cash flow

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Operating cash flow$618.0M+8.8%
CapEx$127.0M-10.6%
Free cash flow$491.0M+15.3%

Valuation

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Market cap$28B-7.9%
Enterprise value$42.12B-2.5%
P/E20.2×-2.6×
P/S1.7×-0.3×

Profitability

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Gross margin33%-1.7pp
Operating margin13.2%-0.9pp
Net margin8.3%-0.3pp
FCF margin12.7%-1.2pp

Returns & leverage

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Return on equity22.7%+1.1pp
Debt / equity2.6×+0.2×
Current ratio0.7×-0.1×

Where this comes from

Calculated from IQVIA’s reported figures.

Based on trailing twelve months.

The official record: IQVIA’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is IQVIA's asset turnover?
IQVIA (IQV) reported asset turnover of 0.6× in Q1 2026.
How has IQVIA's asset turnover changed year-over-year?
IQVIA's asset turnover increased by 1.5% year-over-year, from 0.6× to 0.6×.
What is the long-term trend for IQVIA's asset turnover?
Over 5 years (2020 to 2025), IQVIA's asset turnover has grown at a 3.9% compound annual growth rate (CAGR), from 0.5× to 0.6×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.