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/S ratio

Alert me on P/S ratio

As of 16 October 2026, IQVIA Holdings Inc. (IQV) trades at a P/S ratio of 2.6×. Over the past ten years it has ranged from 1.2× (February 2016) to 4.0× (December 2021); the current reading is higher than 62% of that period. That is below the Diagnostics & Research industry median of 4.4× and below the Healthcare sector median of 3.4×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 2.4× 2.72%
FY2024 2.3× (18.17%)
FY2023 2.8× 6.48%
FY2022 2.7× (31.81%)
FY2021 3.9× 28.99%
FY2020 3.0× 10.99%
FY2019 2.7× 19.62%
FY2018 2.3× 1.48%
FY2017 2.2× 33.06%
FY2016 1.7× 14.33%

Quarterly newest first

Period P/S ratio Change
Jun 2026 1.9× 9.45%
Mar 2026 1.7× (27.32%)
Dec 2025 2.4× 16.87%
Sep 2025 2.0× 17.87%
42 more quarters

Against its own ten years

Low 1.2× High 4.0×
Ten-year median 2.5×
Current reading's percentile 58

P/S ratio against peers

Company P/S ratio
LH Labcorp Holdings Inc. compare 1.8×
DGX Quest Diagnostics Incorporated compare 2.3×
IQV IQVIA Holdings Inc. 2.6×
A Agilent Technologies, Inc. compare 6.6×
MTD Mettler-Toledo International, Inc. compare 7.9×
ILMN Illumina, Inc. compare 8.8×
WAT Waters Corporation compare 9.2×
IDXX IDEXX Laboratories, Inc. compare 9.7×
NTRA Natera, Inc. compare 20.7×
Diagnostics & Research industry median 4.4×
Healthcare sector median 3.4×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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