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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) EV/FCF

Alert me on EV/FCF

As of 16 October 2026, IQVIA Holdings Inc. (IQV) trades at a EV/FCF of 25.8×. Over the past ten years it has ranged from 15.4× (June 2016) to 62.4× (June 2019); the current reading is higher than 33% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 24.6× 10.22%
FY2024 22.3× (38.56%)
FY2023 36.3× 16.04%
FY2022 31.3× 11.54%
FY2021 28.1× (16.01%)
FY2020 33.4× (31.72%)
FY2019 49.0× 15.41%
FY2018 42.4× (17.60%)
FY2017 51.5× 105.59%
FY2016 25.0× 0.32%

Quarterly newest first

Period EV/FCF Change
Jun 2026 20.4× 5.13%
Mar 2026 19.4× (21.29%)
Dec 2025 24.6× 24.18%
Sep 2025 19.8× (1.32%)
42 more quarters

Against its own ten years

Low 15.4× High 62.4×
Ten-year median 31.2×
Current reading's percentile 33

EV/FCF against peers

Company EV/FCF
DGX Quest Diagnostics Incorporated compare 23.1×
IQV IQVIA Holdings Inc. 25.8×
LH Labcorp Holdings Inc. compare 30.8×
IDXX IDEXX Laboratories, Inc. compare 36.0×
A Agilent Technologies, Inc. compare 39.9×
MTD Mettler-Toledo International, Inc. compare 40.2×
ILMN Illumina, Inc. compare 44.1×
WAT Waters Corporation compare 129×
NTRA Natera, Inc. compare 658×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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