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IQVIA HOLDINGS INC. IQV

NYSE · stock · Services-Commercial Physical & Biological Research · website · IPO 2013-05-09 · LEI

IQVIA HOLDINGS INC. statistics & valuation

Market cap$31.9B
P / E23.5×
P / S2.0×
P / B4.8×
Net margin8.3%
Return on equity20.5%
Net debt$11.9B
Net debt / EBITDA3.6×
Enterprise value USD$43.8B
EV / EBITDA13.2×
Earnings yield EBIT/EV5%
Return on capital10.1%
Graham number -66%$82.10

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($82.10); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
1.00% 13.10% 2.50% 1.70% 2.50% 7.00% 7.60% 9.10% 8.90% 8.30% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
8.40% 6.80% 7.10% 7.00% 6.40% 10.00% 12.50% 13.20% 14.30% 13.40% 2016201720182019202020212022202320242025
Return on equity (%)
0.80% 15.50% 3.70% 3.00% 4.40% 16.00% 18.90% 22.20% 22.60% 20.50% 2016201720182019202020212022202320242025
Shares outstanding
248.3M 222.6M 208.2M 199.6M 195.0M 195.0M 190.6M 186.3M 183.4M 173.5M 2016201720182019202020212022202320242025
Net debt ($)
$6.02B $9.31B $10.02B $10.71B $10.57B $10.67B $11.38B $11.58B $11.14B $11.90B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
0.30% 5.60% 1.10% 0.80% 1.10% 3.90% 4.30% 5.10% 5.10% 4.50% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.82× 1.25× 1.57× 1.84× 1.97× 1.99× 2.18× 2.12× 2.12× 2.09× 2016201720182019202020212022202320242025
EPS ($)
$0.47 $5.74 $1.24 $0.96 $1.43 $4.95 $5.72 $7.29 $7.49 $7.84 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

IQVIA HOLDINGS INC. trades at about 30.8× earnings — below its 10-year norm (10-year range 17.8×–167×, median 49.5×).

17.8× 167×

Shaded band = 10-year range (17.8×–167×); dot = today's 30.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin13.4%14.3%13.2%12.5%10.0%6.4%7.0%7.1%6.8%8.4%
Net margin8.3%8.9%9.1%7.6%7.0%2.5%1.7%2.5%13.1%1.0%
Return on assets4.5%5.1%5.1%4.3%3.9%1.1%0.8%1.1%5.6%0.3%
Return on equity20.5%22.6%22.2%18.9%16.0%4.4%3.0%3.7%15.5%0.8%
Debt / equity2.09×2.12×2.12×2.18×1.99×1.97×1.84×1.57×1.25×0.82×
Current ratio0.750.840.860.890.911.121.051.101.131.23

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.