IQVIA Holdings (IQV) Ratios
IQVIA Holdings Ratios
MX:IQV's free cash flow for Q3 2026 was $667.00M. For the 2026 fiscal year, MX:IQV's free cash flow was decreased by $-158.00M and operating cash flow was $825.00M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.75 | 0.84 | 0.86 | 0.89 | 0.91 |
| Quick Ratio | 0.75 | 0.84 | 0.86 | 0.89 | 0.91 |
| Cash Ratio | 0.24 | 0.24 | 0.21 | 0.22 | 0.26 |
| Solvency Ratio | 0.09 | 0.12 | 0.12 | 0.11 | 0.12 |
| Operating Cash Flow Ratio | 0.32 | 0.39 | 0.33 | 0.41 | 0.56 |
| Short-Term Operating Cash Flow Coverage | 1.44 | 2.37 | 2.99 | 14.87 | 32.33 |
| Net Current Asset Value | $ -17.07B | $ -15.00B | $ -14.97B | $ -14.59B | $ -13.88B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.54 | 0.53 | 0.52 | 0.51 | 0.50 |
| Debt-to-Equity Ratio | 2.49 | 2.33 | 2.27 | 2.26 | 2.06 |
| Debt-to-Capital Ratio | 0.71 | 0.70 | 0.69 | 0.69 | 0.67 |
| Long-Term Debt-to-Capital Ratio | 0.68 | 0.68 | 0.68 | 0.69 | 0.67 |
| Financial Leverage Ratio | 4.60 | 4.43 | 4.37 | 4.39 | 4.09 |
| Debt Service Coverage Ratio | 1.05 | 1.74 | 2.27 | 4.66 | 5.59 |
| Interest Coverage Ratio | 2.99 | 3.29 | 2.94 | 4.32 | 3.71 |
| Debt to Market Cap | 0.41 | 0.39 | 0.32 | 0.33 | 0.22 |
| Interest Debt Per Share | 98.33 | 81.78 | 79.26 | 71.57 | 66.94 |
| Net Debt to EBITDA | 4.83 | 3.61 | 3.85 | 4.05 | 4.00 |
| Profitability Margins | |||||
| Gross Profit Margin | 33.29% | 34.89% | 34.96% | 34.89% | 33.45% |
| EBIT Margin | 14.09% | 15.18% | 14.22% | 12.35% | 10.83% |
| EBITDA Margin | 18.01% | 22.41% | 21.73% | 20.19% | 19.94% |
| Operating Profit Margin | 13.38% | 14.29% | 13.19% | 12.48% | 10.04% |
| Pretax Profit Margin | 9.89% | 10.83% | 9.74% | 9.38% | 8.17% |
| Net Profit Margin | 8.34% | 8.91% | 9.06% | 7.57% | 6.96% |
| Continuous Operations Profit Margin | 8.34% | 8.91% | 9.06% | 7.57% | 7.00% |
| Net Income Per EBT | 84.31% | 82.26% | 93.08% | 80.75% | 85.19% |
| EBT Per EBIT | 73.92% | 75.79% | 73.80% | 75.10% | 81.41% |
| Return on Assets (ROA) | 4.54% | 5.10% | 5.09% | 4.31% | 3.91% |
| Return on Equity (ROE) | 20.91% | 22.63% | 22.22% | 18.92% | 15.99% |
| Return on Capital Employed (ROCE) | 10.10% | 11.04% | 9.79% | 9.10% | 7.16% |
| Return on Invested Capital (ROIC) | 7.85% | 8.59% | 8.80% | 7.30% | 6.10% |
| Return on Tangible Assets | 16.26% | 17.85% | 18.67% | 16.54% | 14.99% |
| Earnings Yield | 3.51% | 3.85% | 3.19% | 2.84% | 1.79% |
| Efficiency Ratios | |||||
| Receivables Turnover | 4.76 | 4.75 | 4.39 | 4.87 | 5.32 |
| Payables Turnover | 2.90 | 13.63 | 13.74 | 14.55 | 14.87 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 19.82 | 19.93 | 18.30 | 16.70 | 15.36 |
| Asset Turnover | 0.54 | 0.57 | 0.56 | 0.57 | 0.56 |
| Working Capital Turnover Ratio | -10.14 | -15.23 | -20.09 | -26.81 | 513.85 |
| Cash Conversion Cycle | -49.15 | 49.98 | 56.58 | 49.88 | 44.09 |
| Days of Sales Outstanding | 76.69 | 76.77 | 83.14 | 74.98 | 68.64 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 125.84 | 26.78 | 26.56 | 25.09 | 24.55 |
| Operating Cycle | 76.69 | 76.77 | 83.14 | 74.98 | 68.64 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 15.44 | 14.98 | 11.69 | 12.05 | 15.37 |
| Free Cash Flow Per Share | 11.93 | 11.66 | 8.16 | 8.45 | 12.03 |
| Dividend Paid and CapEx Coverage Ratio | 4.40 | 4.51 | 3.31 | 3.35 | 4.60 |
| Capital Expenditure Coverage Ratio | 4.40 | 4.51 | 3.31 | 3.35 | 4.60 |
| Operating Cash Flow Coverage Ratio | 0.16 | 0.19 | 0.15 | 0.17 | 0.24 |
| Operating Cash Flow to Sales Ratio | 0.16 | 0.18 | 0.14 | 0.16 | 0.21 |
| Free Cash Flow Yield | 5.29% | 5.93% | 3.53% | 4.13% | 4.26% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 28.50 | 25.96 | 31.32 | 35.23 | 55.90 |
| Price-to-Sales (P/S) Ratio | 2.38 | 2.31 | 2.84 | 2.67 | 3.89 |
| Price-to-Book (P/B) Ratio | 5.96 | 5.87 | 6.96 | 6.67 | 8.94 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 18.89 | 16.85 | 28.35 | 24.24 | 23.46 |
| Price-to-Operating Cash Flow Ratio | 14.60 | 13.12 | 19.79 | 17.01 | 18.36 |
| Price-to-Earnings Growth (PEG) Ratio | 6.34 | 10.66 | 1.16 | 2.31 | 0.23 |
| Enterprise Value Multiple | 18.02 | 13.92 | 16.91 | 17.27 | 23.52 |
| Enterprise Value | 52.94B | 48.08B | 55.05B | 50.23B | 65.07B |
| EV to EBITDA | 18.02 | 13.92 | 16.91 | 17.27 | 23.52 |
| EV to Sales | 3.25 | 3.12 | 3.67 | 3.49 | 4.69 |
| EV to Free Cash Flow | 25.81 | 22.74 | 36.70 | 31.67 | 28.27 |
| EV to Operating Cash Flow | 19.95 | 17.70 | 25.62 | 22.23 | 22.12 |
| Tangible Book Value Per Share | -86.96 | -72.49 | -72.33 | -69.17 | -63.75 |
| Shareholders’ Equity Per Share | 37.83 | 33.46 | 33.25 | 30.73 | 31.57 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.16 | 0.18 | 0.07 | 0.19 | 0.14 |
| Revenue Per Share | 94.88 | 84.97 | 81.52 | 76.81 | 72.49 |
| Net Income Per Share | 7.91 | 7.57 | 7.39 | 5.82 | 5.05 |
| Tax Burden | 0.84 | 0.82 | 0.93 | 0.81 | 0.85 |
| Interest Burden | 0.70 | 0.71 | 0.68 | 0.76 | 0.75 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.12 | 0.13 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 |
| Income Quality | 1.95 | 1.98 | 1.58 | 2.07 | 3.05 |
Currency in USD