Pricing Log in Create free account
Friday 6 November 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.

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

Quarter to September 2026, against a year earlier

271.01 6.13 +2.31%
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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

IQVIA Holdings Inc. (IQV) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, IQVIA Holdings Inc. (IQV) trades at a EV/EBITDA of 16.5×. Over the past ten years it has ranged from 10.4× (June 2016) to 26.0× (June 2021); the current reading is higher than 38% of that period. That is below the Diagnostics & Research industry median of 23.4× and above the Healthcare sector median of 8.4×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2025 15.6× 9.16%
FY2024 14.3× (18.09%)
FY2023 17.5× 3.55%
FY2022 16.9× (30.20%)
FY2021 24.2× 9.62%
FY2020 22.1× 7.45%
FY2019 20.5× 15.20%
FY2018 17.8× (0.50%)
FY2017 17.9× (4.86%)
FY2016 18.8× 50.24%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 16.7× 23.96%
Jun 2026 13.5× 7.89%
Mar 2026 12.5× (19.89%)
Dec 2025 15.6× 14.94%
43 more quarters

Against its own ten years

Low 10.4× High 26.0×
Ten-year median 17.6×
Current reading's percentile 38

EV/EBITDA against peers

Company EV/EBITDA
NTRA Natera, Inc. compare n/m
DGX Quest Diagnostics Incorporated compare 14.2×
LH Labcorp Holdings Inc. compare 15.6×
IQV IQVIA Holdings Inc. 16.5×
ILMN Illumina, Inc. compare 26.4×
A Agilent Technologies, Inc. compare 26.4×
MTD Mettler-Toledo International, Inc. compare 27.4×
IDXX IDEXX Laboratories, Inc. compare 31.8×
WAT Waters Corporation compare 51.9×
Diagnostics & Research industry median 23.4×
Healthcare sector median 8.4×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

More on IQV