Iqvia Holdings (IQV) EV to FCF (2013 - 2026)
Iqvia Holdings' EV to FCF was 13.67 in Q2 2026, up 11.6% from 12.24 a year earlier and up 9.2% from the prior quarter.
Iqvia Holdings (IQV) EV to FCF (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Iqvia Holdings' EV to FCF was 10.82 through Jun 30, 2026, up 13.4% year-over-year; for FY2025, it came in at 17.66, up 13.9% from FY2024.
- In earlier years, EV to FCF was 15.50 in FY2024 (-42.6%), 27.00 in FY2023 (+16.6%), 23.16 in FY2022 (+2.0%) and 22.72 in FY2021 (-6.5%).
- Quarterly EV to FCF has moved between 12.24 (Q2 2025) and 27.40 (Q1 2024) over five years.
- Compared with a year earlier, EV to FCF was higher in two of the last eight quarters, with an average decline of 21.0%.
- The best year-over-year quarter for EV to FCF over five years was Q3 2023 (growth of 38.2%); the worst was Q1 2025 (a decline of 51.4%).
- Per Business Quant data, IQV's EV to FCF in the three quarters before Q2 2026 was 12.52 (Q1 2026), 17.66 (Q4 2025) and 13.80 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Iqvia Holdings | 44.26 Bn | 36.10 Bn | 1.44 Bn |
| 2 | Medpace Holdings | 17.42 Bn | 15.48 Bn | 201.64 Mn |
| 3 | Charles River Laboratories International | 14.08 Bn | 13.32 Bn | 363.37 Mn |
| 4 | Icon | 13.02 Bn | 10.12 Bn | 479.29 Mn |
| 5 | Fortrea Holdings | 1.90 Bn | 1.28 Bn | 139.20 Mn |
| 6 | Ginkgo Bioworks Holdings | 817.41 Mn | 55.33 Mn | 18.44 Mn |
| 7 | Evotec SE | 608.00 Mn | -965.22 Mn | - |
| 8 | Champions Oncology | 69.59 Mn | 45.24 Mn | 7.70 Mn |
| 9 | MindWalk Holdings | 62.13 Mn | 26.34 Mn | 1.61 Mn |
| 10 | Natural Alternatives International | 8.98 Mn | -19.10 Mn | 1.73 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.67 |
| Mar 31, 2026 | 12.52 |
| Dec 31, 2025 | 17.66 |
| Sep 30, 2025 | 13.80 |
| Jun 30, 2025 | 12.24 |
| Mar 31, 2025 | 13.33 |
| Dec 31, 2024 | 15.50 |
| Sep 30, 2024 | 21.07 |
| Jun 30, 2024 | 20.18 |
| Mar 31, 2024 | 27.40 |
| Dec 31, 2023 | 27.00 |
| Sep 30, 2023 | 26.17 |
| Jun 30, 2023 | 25.07 |
| Mar 31, 2023 | 23.41 |
| Dec 31, 2022 | 23.16 |
| Sep 30, 2022 | 18.94 |
| Jun 30, 2022 | 23.07 |
| Mar 31, 2022 | 22.08 |
| Dec 31, 2021 | 22.72 |
| Sep 30, 2021 | 18.67 |
Iqvia Holdings EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=IQV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "IQV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=IQV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();