Superworth

IQVIA IQV

Medical - Diagnostics & Research, Healthcare
$279.36
+0.37%
Market cap
$46B
PE
34.7×
10y median 34.9×
Forward PE
20.5×
10y median 20.6×
Price to sales
2.7×
EV/EBIT
27.3×
Revenue, 12 months
$17B
+8% on a year ago
Net margin
8.1%
Free cash flow yield
4.7%

IQVIA trades at 34.7× trailing earnings, near its ten-year median. Revenue was $17B over the last twelve months, up 8% on a year earlier with a 8% net margin.

Charts

Financials

Income statement for IQV, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$3.7B+5%$3.9B+4%$3.7B+2%$3.8B+2%$3.9B+4%$4B+2%$3.8B+3%$4B+5%$4.1B+5%$4.4B+10%$4.2B+8%$4.4B+9%
Cost of revenue$2.4B+5%$2.5B+3%$2.4B+2%$2.5B+2%$2.5B+4%$2.6B+4%$2.5B+4%$2.7B+8%$2.7B+8%$2.9B+14%$2.8B+11%$2.9B+9%
Gross profit$1.3B+6%$1.4B+4%$1.3B+3%$1.3B+3%$1.4B+5%$1.4B−1%$1.3B+0%$1.3B−0%$1.4B−0%$1.4B+4%$1.4B+4%$1.4B+9%
SG&A$502M−3%$556M−5%$508M−1%$509M+6%$522M+4%$453M−19%$508M+0%$509M+0%$514M−2%$468M+3%$502M−1%$574M+13%
$481M+2%$501M+32%$506M+7%$520M−1%$550M+14%$626M+25%$496M−2%$506M−3%$553M+1%$627M+0%$514M+4%$506M+0%
Interest expense$181M+68%$181M+41%$166M+18%$163M−4%$170M−6%$171M−6%$165M−1%$182M+12%$189M+11%$193M+13%$192M+16%$197M+8%
Pre-tax income$349M−3%$373M+36%$340M−6%$436M+16%$349M+0%$544M+46%$323M−5%$323M−26%$408M+17%$537M−1%$328M+2%$301M−7%
$51M−27%−$102M$49M−31%$75M−7%$65M+28%$112M$61M+25%$56M−25%$76M+17%$59M−47%$59M−3%$60M+7%
Net income$303M+7%$469M+107%$288M−0%$363M+22%$285M−6%$437M−7%$249M−14%$266M−27%$331M+16%$514M+18%$274M+10%$256M−4%
$1.63+9%$2.54+112%$1.56+2%$1.97+24%$1.55−5%$2.42−5%$1.40−10%$1.54−22%$1.93+25%$2.99+24%$1.61+15%$1.53−1%
185.5M−2%184.5M−2%184.3M−2%184.3M−1%184.2M−1%180.7M−2%177.4M−4%173.2M−6%171.7M−7%171.7M−5%169.8M−4%167.3M−3%

Gross profit: 58 periods, Q1 FY12 to Q2 FY26: not printed by the filing, worked out from its own lines.

EPS, diluted: 9 periods, Q4 FY12 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: 13 periods, Q4 FY12 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY16: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Estimates

Next earnings report: .

QuarterRevenueRangeEPSRangeAnalysts
Q3 FY26$4.4B$4.3B to $4.4B$3.26$3.24 to $3.3111
Q4 FY26$4.5B$4.5B to $4.6B$3.65$3.60 to $3.7110
Q1 FY27$4.4B$4.4B to $4.5B$3.20$3.16 to $3.268
Q2 FY27$4.6B$4.5B to $4.7B$3.50$3.46 to $3.578
Q3 FY27$4.6B$4.6B to $4.7B$3.64$3.59 to $3.718
Q4 FY27$4.8B$4.8B to $4.9B$4.06$4.01 to $4.148
Q1 FY28$4.7B$4.6B to $4.7B$3.58$3.53 to $3.649
Q2 FY28$4.9B$4.8B to $4.9B$3.96$3.91 to $4.039

Peers

Companies in Medical - Diagnostics & Research nearest IQVIA's size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
IQVIQVIA$46B34.7×34.9×20.5×2.7×+8%8.1%
WATWaters$44.6B113×29.2×29.2×9.6×+52%3.6%
IDXXIDEXX Laboratories$44.1B39.4×55.0×35.9×9.7×+13%25.0%
AAgilent Technologies$48.8B34.0×33.1×26.4×6.6×+9%19.5%
ILMNIllumina$40.7B50.1×51.4×47.2×9.1×+5%18.4%
MTDMettler-Toledo International$33.5B37.6×36.5×33.9×8.1×+7%21.9%
DGXQuest Diagnostics$26.7B25.7×19.3×n/m2.3×+9%9.2%
LHLabcorp$26.7B27.2×19.4×17.4×1.9×+6%7.0%
MEDPMedpace$18.7B39.2×34.5×n/m6.7×+25%17.7%
RVTYRevvity$17.7B75.6×34.8×n/m6.1×+4%8.2%
DHRDanaher$162B40.9×34.2×25.4×6.5×+5%15.9%
Peer median$37.1B39.3×34.3×29.2×6.7×+8%16.8%

Investors who own it

Investors we follow who held IQVIA at the end of Jun 30, 2026, from their 13F filings.

More on IQVIA

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About

Industry
Medical - Diagnostics & Research
Sector
Healthcare

Valuation data, not investment advice. Prices as of .