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.

IQVIA IQV Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	33%-1.7pp	33.3%-1.6pp	33.8%-1.4pp	34.2%-0.8pp	34.7%-0.3pp
Operating margin	13.2%-0.9pp	13.4%-0.9pp	13.7%+0.2pp	13.9%+0.6pp	14.1%+0.8pp
Net margin	8.3%-0.3pp	8.3%-0.6pp	8.1%-1.1pp	7.9%-1.5pp	8.6%-0.4pp
Returns
Return on equity	22.7%+1.1pp	21.6%-0.9pp	19.5%-2.5pp	19.8%-3.0pp	21.7%-0.5pp
Return on invested capital	10.2%+0.1pp	9.9%-0.3pp	9.7%-2.0pp	9.5%-2.4pp	10.1%-1.6pp
Efficiency
Asset turnover	0.6×0.0×	0.6×0.0×	0.6×0.0×	0.6×0.0×	0.6×0.0×
Liquidity
Current ratio	0.7×-0.1×	0.7×-0.1×	0.7×-0.1×	0.8×0.0×	0.8×-0.1×
Leverage
Debt-to-equity	2.6×+0.2×	2.5×+0.1×	2.5×+0.5×	2.7×+0.7×	2.4×+0.3×
Net debt / EBITDA	4×+0.3×	4.1×+0.4×	3.9×+0.2×	4.1×+0.5×	3.7×0.0×
Per Share
Book value per share	$36.64+8.7%	$37.48+13.3%	$35.88-5.1%	$33.36-8.4%	$33.69-2.1%
Valuation
Market capitalization	$28.63B-7.9%	$38.39B+7.6%	$32.29B-25.2%	$27.43B-28.7%	$31.08B-32.4%
Price / earnings	20.7×-2.6×	28.2×+2.2×	25.2×-5.6×	22.2×-4.8×	23.3×-10.6×
Price / sales	1.7×-0.3×	2.4×0.0×	2×-0.8×	1.7×-0.8×	2×-1.0×
Price / book	4.6×-0.6×	5.9×0.0×	5.2×-1.0×	4.7×-1.0×	5.2×-2.1×
EV / EBITDA	12.1×-0.6×	15.2×+1.2×	13.3×-3.4×	12.3×-2.8×	12.8×-5.1×

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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.