IQVIA price to free cash flow IQV
Market value divided by free cash flow over the last twelve months, since 2014.
- Today, Oct 23, 2026
- 21.1×
- 10-year median
- 25.9×
- Against its 10-year history
- 25th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 11.0× to 47.7×
- Peer median
- 33.5×
IQVIA's price to free cash flow is 21.1× as of Oct 23, 2026.
That is below its ten-year median of 25.9×, lower than on 75% of days in the last ten years.
Over that time it ranged from 11.0× in May 2025 to 47.7× in Feb 2020.
The median for 10 diagnostics and research stocks of a similar size is 33.5×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 21.1× | 12.9× | 21.1× |
| 2025 | 17.5× | 11.0× | 19.3× |
| 2024 | 18.5× | 17.8× | 31.1× |
| 2023 | 32.0× | 20.8× | 32.0× |
| 2022 | 22.3× | 17.7× | 27.1× |
| 2021 | 22.8× | 19.9× | 33.1× |
| 2020 | 28.3× | 21.1× | 47.7× |
| 2019 | 44.9× | 33.1× | 47.2× |
| 2018 | 35.6× | 24.4× | 39.1× |
| 2017 | 24.9× | 24.9× | 37.7× |
| 2016 | 36.0× | 13.4× | 38.2× |
| 2015 | 19.0× | 17.7× | 31.6× |
| 2014 | 24.3× | 18.5× | 24.3× |
Against its peers
Companies in Medical - Diagnostics & Research nearest IQVIA's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| IQVIQVIA | 21.1× |
| WATWaters | 112× |
| IDXXIDEXX Laboratories | 35.2× |
| AAgilent Technologies | 38.5× |
| ILMNIllumina | 43.7× |
| MTDMettler-Toledo International | 38.7× |
| DGXQuest Diagnostics | 19.8× |
| LHLabcorp | 23.1× |
| MEDPMedpace | 26.4× |
| RVTYRevvity | 31.7× |
| DHRDanaher | 29.6× |
| Peer median | 33.5× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on IQVIA
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.