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IQVIA IQV EV / EBITDA

EV / EBITDA at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
21.3×-3.5×
UnitedHealth Group logo
UnitedHealth GroupUNH
12.8×-1.3×
Labcorp Holdings logo
Labcorp HoldingsLH
13.3×-1.4×
Cognizant logo
CognizantCTSH
7.4×-2.9×
Oracle logo
OracleORCL
14.7×-8.9×
Veeva Systems logo
Veeva SystemsVEEV
15.8×-11.3×

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 the most recent quarter.

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 EV / EBITDA?
IQVIA (IQV) reported EV / EBITDA of 12.1× in Q1 2026.
How has IQVIA's EV / EBITDA changed year-over-year?
IQVIA's EV / EBITDA decreased by 4.8% year-over-year, from 12.8× to 12.1×.
What is the long-term trend for IQVIA's EV / EBITDA?
Over 5 years (2020 to 2025), IQVIA's EV / EBITDA has grown at a -7.1% compound annual growth rate (CAGR), from 22× to 15.2×.
What does EV / EBITDA mean?
What the whole business (debt included) costs relative to its operating cash earnings.
How do you interpret EV / EBITDA?
Lets you compare companies with different leverage and tax positions on a like-for-like basis — the standard multiple in M&A. Lower can mean cheaper, subject to growth and capital intensity.
How does EV / EBITDA compare across companies?
Broadly comparable across non-financial sectors; not used for banks and insurers, where EBITDA is not meaningful.