Stocks · Health care · Services-Commercial Physical & Biological Research

IQVIA

IQV Clue Score41
United States Fiscal year ends December CIK 0001478242
$259.88 +0.39% Close, 9 Oct 2026
Price $259.88 +8.16% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue6.82Operating income0.58Net income0.07EPS, diluted0.47Fiscal year 2017Revenue9.70 +42.4%Operating income0.67Net income1.28 +1,673.6%EPS, diluted5.74 +1,121.3%Fiscal year 2018Revenue10.41 +7.3%Operating income0.74Net income0.26 −79.7%EPS, diluted1.24 −78.4%Fiscal year 2019Revenue11.09 +6.5%Operating income0.78Net income0.19 −26.3%EPS, diluted0.96 −22.6%Fiscal year 2020Revenue11.36 +2.4%Operating income0.73Net income0.28 +46.1%EPS, diluted1.43 +49.0%Fiscal year 2021Revenue13.87 +22.1%Operating income1.39Net income0.97 +246.2%EPS, diluted4.95 +246.2%Fiscal year 2022Revenue14.41 +3.9%Operating income1.80Net income1.09 +12.9%EPS, diluted5.72 +15.6%Fiscal year 2023Revenue14.98 +4.0%Operating income1.98Net income1.36 +24.5%EPS, diluted7.29 +27.4%Fiscal year 2024Revenue15.41 +2.8%Operating income2.20Net income1.37 +1.1%EPS, diluted7.49 +2.7%Fiscal year 2025Revenue16.31 +5.9%Operating income2.18Net income1.36 −0.9%EPS, diluted7.84 +4.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 6.82 9.70 10.41 11.09 11.36 13.87 14.41 14.98 15.41 16.31
Growth +42.4% +7.3% +6.5% +2.4% +22.1% +3.9% +4.0% +2.8% +5.9%
Operating income 0.58 0.67 0.74 0.78 0.73 1.39 1.80 1.98 2.20 2.18
Net income 0.07 1.28 0.26 0.19 0.28 0.97 1.09 1.36 1.37 1.36
Growth +1,673.6% −79.7% −26.3% +46.1% +246.2% +12.9% +24.5% +1.1% −0.9%
EPS, diluted 0.47 5.74 1.24 0.96 1.43 4.95 5.72 7.29 7.49 7.84
Growth +1,121.3% −78.4% −22.6% +49.0% +246.2% +15.6% +27.4% +2.7% +4.7%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin8.5%Net margin1.1%Free cash flow margin10.2%Fiscal year 2017Operating margin6.9%Net margin13.2%Free cash flow margin6.2%Fiscal year 2018Operating margin7.1%Net margin2.5%Free cash flow margin7.6%Fiscal year 2019Operating margin7.0%Net margin1.7%Free cash flow margin7.5%Fiscal year 2020Operating margin6.4%Net margin2.5%Free cash flow margin11.8%Fiscal year 2021Operating margin10.0%Net margin7.0%Free cash flow margin16.6%Fiscal year 2022Operating margin12.5%Net margin7.6%Free cash flow margin11.0%Fiscal year 2023Operating margin13.2%Net margin9.1%Free cash flow margin10.0%Fiscal year 2024Operating margin14.3%Net margin8.9%Free cash flow margin13.7%Fiscal year 2025Operating margin13.4%Net margin8.3%Free cash flow margin12.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 8.5% 6.9% 7.1% 7.0% 6.4% 10.0% 12.5% 13.2% 14.3% 13.4%
Net margin 1.1% 13.2% 2.5% 1.7% 2.5% 7.0% 7.6% 9.1% 8.9% 8.3%
Free cash flow margin 10.2% 6.2% 7.6% 7.5% 11.8% 16.6% 11.0% 10.0% 13.7% 12.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.86Capital expenditure−0.16Free cash flow0.70Buybacks−1.10Fiscal year 2017Operating cash flow0.97Capital expenditure−0.37Free cash flow0.60 −13.6%Buybacks−2.62Fiscal year 2018Operating cash flow1.25Capital expenditure−0.46Free cash flow0.80 +32.3%Buybacks−1.41Fiscal year 2019Operating cash flow1.42Capital expenditure−0.58Free cash flow0.84 +5.0%Buybacks−0.95Fiscal year 2020Operating cash flow1.96Capital expenditure−0.62Free cash flow1.34 +60.8%Buybacks−0.45Fiscal year 2021Operating cash flow2.94Capital expenditure−0.64Free cash flow2.30 +71.4%Buybacks−0.41Fiscal year 2022Operating cash flow2.26Capital expenditure−0.67Free cash flow1.59 −31.1%Buybacks−1.17Fiscal year 2023Operating cash flow2.15Capital expenditure−0.65Free cash flow1.50 −5.4%Buybacks−0.99Fiscal year 2024Operating cash flow2.72Capital expenditure−0.60Free cash flow2.11 +40.9%Buybacks−1.35Fiscal year 2025Operating cash flow2.65Capital expenditure−0.60Free cash flow2.05 −3.0%Buybacks−1.24
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.86 0.97 1.25 1.42 1.96 2.94 2.26 2.15 2.72 2.65
Capital expenditure −0.16 −0.37 −0.46 −0.58 −0.62 −0.64 −0.67 −0.65 −0.60 −0.60
Free cash flow 0.70 0.60 0.80 0.84 1.34 2.30 1.59 1.50 2.11 2.05
Growth −13.6% +32.3% +5.0% +60.8% +71.4% −31.1% −5.4% +40.9% −3.0%
Buybacks −1.10 −2.62 −1.41 −0.95 −0.45 −0.41 −1.17 −0.99 −1.35 −1.24

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash1.20Total debt7.20Net cash (debt)−6.00Shareholders’ equity8.63Debt to equity0.83Fiscal year 2017Cash0.96Total debt10.23Net cash (debt)−9.27Shareholders’ equity8.00Debt to equity1.28Fiscal year 2018Cash0.89Total debt11.01Net cash (debt)−10.12Shareholders’ equity6.71Debt to equity1.64Fiscal year 2019Cash0.84Total debt11.65Net cash (debt)−10.81Shareholders’ equity6.00Debt to equity1.94Fiscal year 2020Cash1.81Total debt12.53Net cash (debt)−10.72Shareholders’ equity6.00Debt to equity2.09Fiscal year 2021Cash1.37Total debt12.13Net cash (debt)−10.76Shareholders’ equity6.04Debt to equity2.01Fiscal year 2022Cash1.22Total debt12.75Net cash (debt)−11.53Shareholders’ equity5.77Debt to equity2.21Fiscal year 2023Cash1.38Total debt13.67Net cash (debt)−12.30Shareholders’ equity6.11Debt to equity2.24Fiscal year 2024Cash1.70Total debt13.98Net cash (debt)−12.28Shareholders’ equity6.07Debt to equity2.30Fiscal year 2025Cash1.98Total debt15.72Net cash (debt)−13.74Shareholders’ equity6.50Debt to equity2.42
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1.20 0.96 0.89 0.84 1.81 1.37 1.22 1.38 1.70 1.98
Total debt 7.20 10.23 11.01 11.65 12.53 12.13 12.75 13.67 13.98 15.72
Net cash (debt) −6.00 −9.27 −10.12 −10.81 −10.72 −10.76 −11.53 −12.30 −12.28 −13.74
Shareholders’ equity 8.63 8.00 6.71 6.00 6.00 6.04 5.77 6.11 6.07 6.50
Debt to equity 0.83 1.28 1.64 1.94 2.09 2.01 2.21 2.24 2.30 2.42

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
8.5% 6.9% 7.1% 7.0% 6.4% 10.0% 12.5% 13.2% 14.3% 13.4%
6.1% 3.0% 3.2% 3.2% 3.3% 8.1% 9.5% 9.7% 10.8% 9.8%
1.1% 13.2% 2.5% 1.7% 2.5% 7.0% 7.6% 9.1% 8.9% 8.3%
10.2% 6.2% 7.6% 7.5% 11.8% 16.6% 11.0% 10.0% 13.7% 12.6%
Spending
14.9% 16.7% 16.5% 15.6% 15.7% 14.2% 14.4% 13.7% 12.9% 12.3%
2.4% 3.8% 4.4% 5.2% 5.4% 4.6% 4.7% 4.3% 3.9% 3.7%
78.1% −337.4% 18.0% 33.0% 19.3% 14.5% 19.1% 6.9% 18.0% 15.8%
Returns
0.8% 16.0% 3.9% 3.2% 4.6% 16.0% 18.9% 22.2% 22.6% 20.9%
0.3% 5.6% 1.1% 0.8% 1.1% 3.9% 4.3% 5.1% 5.1% 4.5%
Balance and payout
0.83 1.28 1.64 1.94 2.09 2.01 2.21 2.24 2.30 2.42
58.2% 63.9% 69.2% 73.1% 74.4% 75.5% 77.2% 77.1% 77.4% 77.9%
157.6% 435.9% 176.7% 113.7% 33.3% 17.6% 73.6% 66.1% 63.9% 60.7%