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Saturday 17 October 2026 Export IQV’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 8.74%, EPS was flat, free cash flow grew 23.3% and total debt rose 3.29%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years.

266.90 4.14 −1.53%
Market cap
$44.6B
P/E
32.8×
Fwd P/E
22.3×
Dividend yield
—
F-score
4/9
Altman Z
2.05
Beneish M
−2.59
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

IQVIA Holdings Inc. (IQV) Debt to equity

Alert me on Debt to equity

IQVIA Holdings Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 2.5×, up 0.2× from fiscal 2025 (2.4×). Over the past ten years it has ranged from −7.3× (fiscal 2015) to 2.4× (fiscal 2025) — the current reading is the highest in ten years. That is above the Diagnostics & Research industry median of 0.1× and above the Healthcare sector median of 0.0×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 2.4× 2.90%
FY2024 2.3× 3.03%
FY2023 2.2× 1.18%
FY2022 2.2× 10.18%
FY2021 2.0× 0.56%
FY2020 2.0× 7.34%
FY2019 1.9× 17.47%
FY2018 1.6× 27.61%
FY2017 1.2× 52.63%
FY2016 0.8× —

Quarterly newest first

Period Debt to equity Change
Jun 2026 2.5× 1.82%
Mar 2026 2.5× 5.15%
Dec 2025 2.4× (0.30%)
Sep 2025 2.4× (11.15%)
42 more quarters

Against its own ten years

Low −7.3× High 2.4×
Ten-year median 2.0×
Current reading's percentile 100

Debt to equity against peers

Company Debt to equity
NTRA Natera, Inc. compare 0.0×
IDXX IDEXX Laboratories, Inc. compare 0.3×
WAT Waters Corporation compare 0.3×
A Agilent Technologies, Inc. compare 0.5×
ILMN Illumina, Inc. compare 0.5×
LH Labcorp Holdings Inc. compare 0.7×
DGX Quest Diagnostics Incorporated compare 0.7×
IQV IQVIA Holdings Inc. 2.5×
MTD Mettler-Toledo International, Inc. compare 165×
Diagnostics & Research industry median 0.1×
Healthcare sector median 0.0×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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