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) Return on invested capital

Alert me on Return on invested capital

IQVIA Holdings Inc.'s return on invested capital over the twelve months to 30 June 2026 was 6.80%, up 0.1 percentage points from fiscal 2025 (6.75%). Over the past ten years it has ranged from 2.38% (fiscal 2017) to 35.0% (fiscal 2015); the current reading is higher than 73% of that period. That is above the Diagnostics & Research industry median of 0.00% and above the Healthcare sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 6.75% (0.81)
FY2024 7.56% 0.80
FY2023 6.76% 0.22
FY2022 6.54% 1.32
FY2021 5.22% 2.52
FY2020 2.70% (0.16)
FY2019 2.86% 0.14
FY2018 2.72% 0.34
FY2017 2.38% (0.05)
FY2016 2.43% (32.53)

Against its own ten years

Low 2.38% High 35.0%
Ten-year median 5.22%
Current reading's percentile 73

Return on invested capital against peers

Company Return on invested capital
IDXX IDEXX Laboratories, Inc. compare 48.9%
MTD Mettler-Toledo International, Inc. compare 35.4%
ILMN Illumina, Inc. compare 17.5%
A Agilent Technologies, Inc. compare 11.1%
DGX Quest Diagnostics Incorporated compare 7.94%
IQV IQVIA Holdings Inc. 6.80%
LH Labcorp Holdings Inc. compare 6.50%
WAT Waters Corporation compare 1.05%
NTRA Natera, Inc. compare −22.3%
Diagnostics & Research industry median 0.00%
Healthcare sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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