Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Iqvia Holdings Inc.

IQV · NYSE · Healthcare

Fundamental quality

REASONABLE

73

out of 100

Iqvia Holdings Inc. earns a fundamental-quality score of 73 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its growth (revenue +7.5%/yr). Its weakest area is its financial strength (net debt 4.12× EBITDA). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

IQVIA is the giant of clinical trials and health data: pharma companies hire it to run their drug trials and to mine the world's largest commercial medical database. If a drug reaches the market, IQVIA probably touched the process.

What will shape its future

  • Pharma R&D spending, its underlying demand: more molecules in development, more trials.
  • Its trove of health data, hard to replicate and ever more valuable with AI.
  • Small biotechs' financial health, a clientele sensitive to the funding cycle.

Breakdown by area

I.Growth
88

EPS growth: 39% · Revenue growth: 7.5%

II.Profitability
73

Net margin: 8.3% · ROE: 22.3% · ROIC: 9.2%

III.Financial health
58

Net debt/EBITDA: 4.12x · FCF: 12.7%

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its financial strength drags it down the most.

Versus its sector

Percentile against the other 57 Healthcare companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 38%
ROEbeats 71%
Growthbeats 44%
Cash generationbeats 41%
Less debtbeats 11%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Iqvia Holdings Inc. strengths

  • Growing earnings per share (39% annualized).
  • Strong return on equity (ROE of 22.3%): it puts shareholder capital to good use.
  • Strong free-cash-flow generation (FCF margin of 12.7%): profit turns into real cash.
  • Expanding margins: net margin has risen from 2% to 8% in recent years.

Iqvia Holdings Inc. risks and weaknesses

  • High leverage (net debt of 4.12× EBITDA): more exposed to rates and to a rough patch.

Iqvia Holdings Inc. historical evolution

YearRevenueNet incomeFree cash flowNet debt
202011,3592791,34310,719
202113,8749662,30210,759
202214,4101,0911,58611,531
202314,9841,3581,50012,297
202415,4051,3732,11412,281
202516,3101,3602,05113,744

Between 2020 and 2025, revenue went from $11,359M to $16,310M (+44%) and net income went from $279M to $1,360M (+387%). Meanwhile, its margins have widened (from 2% to 8%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the quarter ended March 31, 2026, versus the quarter ended March 31, 2025 (SEC filings):

  • Revenue+8.4%
  • Net income+10%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$4.82

per share, yearly

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Iqvia Holdings Inc. cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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Frequently asked questions

Is Iqvia Holdings Inc. a good company to invest in?

In terms of business quality, Iqvia Holdings Inc. scores 73 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Iqvia Holdings Inc. a profitable company?

Iqvia Holdings Inc. is profitable, with a net margin of 8.3%, though a thin one.

Does Iqvia Holdings Inc. have a lot of debt?

Yes, its leverage is high: net debt is 4.12 times its EBITDA.

Is Iqvia Holdings Inc. growing?

Its revenue has grown 7.5% annualized in recent years and its earnings per share 39%, and without interruption since 2020.

Does Iqvia Holdings Inc. generate cash?

Yes. It converts about 12.7% of its revenue into free cash flow, and has done so positively year after year.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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