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

IQVIA Holdings Inc. (IQV) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, IQVIA Holdings Inc. (IQV) trades at a P/E ratio of 32.8×. Over the past ten years it has ranged from 15.1× (February 2018) to 246× (September 2020); the current reading is higher than 50% of that period. That is below the Diagnostics & Research industry median of 35.6× and above the Healthcare sector median of 23.0×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 28.4× 9.64%
FY2024 25.9× (16.62%)
FY2023 31.1× (11.39%)
FY2022 35.1× (37.20%)
FY2021 55.9× (54.47%)
FY2020 123× (22.16%)
FY2019 158× 72.36%
FY2018 91.5× 479.80%
FY2017 15.8× (64.93%)
FY2016 45.0× 106.40%

Quarterly newest first

Period P/E ratio Change
Jun 2026 23.8× 13.44%
Mar 2026 21.0× (26.29%)
Dec 2025 28.4× 9.99%
Sep 2025 25.8× 14.46%
42 more quarters

Against its own ten years

Low 15.1× High 246×
Ten-year median 32.9×
Current reading's percentile 45

P/E ratio against peers

Company P/E ratio
NTRA Natera, Inc. compare n/m
DGX Quest Diagnostics Incorporated compare 24.6×
LH Labcorp Holdings Inc. compare 26.2×
IQV IQVIA Holdings Inc. 32.8×
A Agilent Technologies, Inc. compare 34.0×
MTD Mettler-Toledo International, Inc. compare 36.4×
IDXX IDEXX Laboratories, Inc. compare 39.1×
ILMN Illumina, Inc. compare 48.4×
WAT Waters Corporation compare 109×
Diagnostics & Research industry median 35.6×
Healthcare sector median 23.0×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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