IQVIA Holdings Inc.

IQV Healthcare Diagnostics & Research

IQVIA Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $16.3 billion, up 5.87% from fiscal 2024.

Revenue
+8.00%
EPS
+10.2%
Free cash flow
−21.3%
Total debt
+7.42%

Quarter to September 2026, against a year earlier

264.53 0.74 +0.28%
Market cap
$43.7B
P/E
31.8×
Fwd P/E
34.8×
Dividend yield
—
F-score
4/9
Altman Z
2.05
Beneish M
−2.59
Dividend safety
n/a

IQVIA Holdings Inc. (IQV) Current ratio

Alert me on Current ratio

IQVIA Holdings Inc.'s current ratio at the end of the quarter to 30 September 2026 was 0.8×, up 0.1× from fiscal 2025 (0.7×). Over the past ten years it has ranged from 0.7× (fiscal 2025) to 1.5× (fiscal 2015) — the current reading is the lowest in ten years. That is below the Diagnostics & Research industry median of 2.3× and below the Healthcare sector median of 3.1×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 0.7× (10.55%)
FY2024 0.8× (2.81%)
FY2023 0.9× (3.46%)
FY2022 0.9× (1.74%)
FY2021 0.9× (18.62%)
FY2020 1.1× 6.77%
FY2019 1.0× (4.59%)
FY2018 1.1× (2.66%)
FY2017 1.1× (8.71%)
FY2016 1.2× (18.48%)

Quarterly newest first

Period Current ratio Change
Sep 2026 0.8× 17.44%
Jun 2026 0.7× (5.42%)
Mar 2026 0.7× (0.36%)
Dec 2025 0.7× 6.64%
43 more quarters

Against its own ten years

Low 0.7× High 1.5×
Ten-year median 1.0×
Current reading's percentile 9

Current ratio against peers

Company Current ratio
NTRA Natera, Inc. compare 2.8×
ILMN Illumina, Inc. compare 2.6×
A Agilent Technologies, Inc. compare 2.1×
DGX Quest Diagnostics Incorporated compare 1.7×
LH Labcorp Holdings Inc. compare 1.4×
IDXX IDEXX Laboratories, Inc. compare 1.2×
MTD Mettler-Toledo International, Inc. compare 1.1×
IQV IQVIA Holdings Inc. 0.8×
WAT Waters Corporation compare 0.7×
Diagnostics & Research industry median 2.3×
Healthcare sector median 3.1×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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