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IQVIA IQV EBITDA margin

EBITDA margin at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
24.2%-0.2pp
UnitedHealth Group logo
UnitedHealth GroupUNH
5.2%-4.0pp
Labcorp Holdings logo
Labcorp HoldingsLH
15%+1.8pp
Cognizant logo
CognizantCTSH
18.4%+0.5pp
Oracle logo
OracleORCL
43.3%+1.5pp
Veeva Systems logo
Veeva SystemsVEEV
45.1%-0.2pp

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 EBITDA margin?
IQVIA (IQV) reported EBITDA margin of 21.2% in Q1 2026.
How has IQVIA's EBITDA margin changed year-over-year?
IQVIA's EBITDA margin decreased by 4.6% year-over-year, from 22.2% to 21.2%.
What is the long-term trend for IQVIA's EBITDA margin?
Over 5 years (2020 to 2025), IQVIA's EBITDA margin has grown at a 3.0% compound annual growth rate (CAGR), from 18.3% to 21.2%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.