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IQVIA IQV Return on invested capital

Return on invested capital at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
8.5%+0.5pp
UnitedHealth Group logo
UnitedHealth GroupUNH
12.3%-6.5pp
Labcorp Holdings logo
Labcorp HoldingsLH
10.3%+1.0pp
Cognizant logo
CognizantCTSH
14.4%-2.9pp
Oracle logo
OracleORCL
14.6%-1.5pp
Veeva Systems logo
Veeva SystemsVEEV
22.2%-1.4pp

Other financials

Income statement

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Revenue$4.4B+8.7%
Gross profit$1.4B+8.5%
Operating income$506.0M0.0%
Net income$256.0M-3.8%
EPS (diluted)$1.53-0.6%

Balance sheet

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Cash & equivalents$1.9B-6.4%
Total debt$16.2B+3.4%
Total equity$6.2B+6.8%
Total assets$29.9B+4.4%

Cash flow

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Operating cash flow$558.0M+26.0%
CapEx$198.0M+31.1%
Free cash flow$360.0M+23.3%

Valuation

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Market cap$38.85B+28.8%
Enterprise value$53.19B+21.3%
P/E28.3×+3.9×
P/S2.3×+0.4×

Profitability

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Gross margin33%-1.3pp
Operating margin13%-0.9pp
Net margin8.1%+0.2pp
FCF margin12.9%+0.1pp

Returns & leverage

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Return on equity23%+3.2pp
Debt / equity2.6×-0.1×
Current ratio0.7×-0.1×

Where this comes from

Calculated from IQVIA’s reported figures.

Based on trailing twelve months.

The source filing: IQVIA’s 10-Q, filed July 28, 2026. Open the filing →

Filed
Jul 28, 2026, 4:38 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050211

FAQ

What is IQVIA's return on invested capital?
IQVIA (IQV) reported return on invested capital of 9.2% in Q2 2026.
How has IQVIA's return on invested capital changed year-over-year?
IQVIA's return on invested capital decreased by 0.2% year-over-year, from 9.3% to 9.2%.
What is the long-term trend for IQVIA's return on invested capital?
Over 5 years (2020 to 2025), IQVIA's return on invested capital has grown at a 22.2% compound annual growth rate (CAGR), from 3.4% to 9.3%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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