IQVIA IQV Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 33.3%-1.6pp | 34.9%-0.1pp | 35%+0.1pp | 34.9%+1.4pp | |
| Operating margin | 13.4%-0.9pp | 14.3%+1.1pp | 13.2%+0.7pp | 12.5%+2.4pp | |
| Net margin | 8.3%-0.6pp | 8.9%-0.2pp | 9.1%+1.5pp | 7.6%+0.6pp | |
| Returns | |||||
| Return on equity | 21.6%-0.9pp | 22.5%-0.3pp | 22.9%+4.4pp | 18.5%+2.4pp | |
| Return on invested capital | 9.9%-0.3pp | 10.1%-1.4pp | 11.6%+3.4pp | 8.1%+0.8pp | |
| Efficiency | |||||
| Asset turnover | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | |
| Liquidity | |||||
| Current ratio | 0.7×-0.1× | 0.8×0.0× | 0.9×0.0× | 0.9×0.0× | |
| Leverage | |||||
| Debt-to-equity | 2.5×+0.1× | 2.4×+0.1× | 2.3×0.0× | 2.3×+0.2× | |
| Net debt / EBITDA | 4.1×+0.4× | 3.7×-0.2× | 3.9×-0.2× | 4.2×+0.1× | |
| Per Share | |||||
| Book value per share | $37.48+13.3% | $33.08+0.8% | $32.81+8.5% | $30.25-2.4% | |
| Valuation | |||||
| Market capitalization | $38.39B+7.6% | $35.67B-15.3% | $42.09B+10.6% | $38.05B-29.0% | |
| Price / earnings | 28.2×+2.2× | 26×-5.0× | 31×-3.9× | 34.9×-20.6× | |
| Price / sales | 2.4×0.0× | 2.3×-0.5× | 2.8×+0.2× | 2.6×-1.2× | |
| Price / book | 5.9×0.0× | 5.9×-1.0× | 6.9×+0.3× | 6.6×-2.3× | |
| EV / EBITDA | 15.2×+1.2× | 14×-2.8× | 16.9×-0.4× | 17.3×-6.2× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are IQVIA's profit margins?
- IQVIA (IQV) runs a 33.0% gross margin and a 13.2% operating margin, with a 8.3% net margin.
- Where do IQVIA's ratios come from?
- Every ratio is computed from IQVIA's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
