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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

270.07 5.19 +1.96%
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/Sales

Alert me on EV/Sales

As of 5 November 2026, IQVIA Holdings Inc. (IQV) trades at a EV/Sales of 3.3×. Over the past ten years it has ranged from 1.5× (February 2016) to 4.8× (December 2021); the current reading is higher than 46% of that period. That is below the Diagnostics & Research industry median of 5.2× and below the Healthcare sector median of 3.5×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 3.2× 3.47%
FY2024 3.1× (14.78%)
FY2023 3.6× 5.54%
FY2022 3.4× (26.01%)
FY2021 4.7× 17.87%
FY2020 4.0× 7.20%
FY2019 3.7× 13.83%
FY2018 3.2× 1.57%
FY2017 3.2× 24.70%
FY2016 2.6× 47.69%

Quarterly newest first

Period EV/Sales Change
Sep 2026 3.3× 23.50%
Jun 2026 2.7× 6.16%
Mar 2026 2.6× (20.46%)
Dec 2025 3.2× 12.61%
43 more quarters

Against its own ten years

Low 1.5× High 4.8×
Ten-year median 3.4×
Current reading's percentile 41

EV/Sales against peers

Company EV/Sales
LH Labcorp Holdings Inc. compare 2.4×
DGX Quest Diagnostics Incorporated compare 2.8×
IQV IQVIA Holdings Inc. 3.3×
A Agilent Technologies, Inc. compare 6.8×
ILMN Illumina, Inc. compare 7.2×
MTD Mettler-Toledo International, Inc. compare 8.7×
WAT Waters Corporation compare 8.7×
IDXX IDEXX Laboratories, Inc. compare 11.3×
NTRA Natera, Inc. compare 17.9×
Diagnostics & Research industry median 5.2×
Healthcare sector median 3.5×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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