Iqvia Holdings (IQV) FCF Margin (2012 - 2026)
Iqvia Holdings' (IQV) quarterly FCF Margin came in at 11.83% in Q1 2026, up 70.0% year-on-year from 6.96% in Q1 2025, and down 7.99% quarter-over-quarter from 12.86% in Q4 2025.
Iqvia Holdings (IQV) FCF Margin (2012 - 2026) Analysis & Trends
Iqvia Holdings has disclosed FCF Margin across 15 years of filings, most recently posting 11.83% for Q1 2026.
- FCF Margin for Q1 2026 came in at 11.83%, up 70.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.72% (down 124.0% YoY), and the FY2025 annual result was 12.58%, down 115.0% from the prior year.
- FCF Margin came in at 11.83% for Q1 2026 at Iqvia Holdings, down from 12.86% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 19.6% in Q3 2022 to a low of 4.74% in Q2 2022.
- The 5-year median for FCF Margin is 11.67% (2024), against an average of 11.79%.
- Across the five-year window, FCF Margin sank 1178 bps in 2022 and jumped 518 bps in 2024, its largest moves.
- Iqvia Holdings' FCF Margin stood at 10.4% in 2022, then jumped by 41 bps to 14.68% in 2023, then advanced by 24 bps to 18.22% in 2024, then decreased by 29 bps to 12.86% in 2025, then fell by 8 bps to 11.83% in 2026.
- The last three FCF Margin figures came in at 11.83% (Q1 2026), 12.86% (Q4 2025), and 18.83% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | -3.31% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 7.41% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 18.23% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 22.61% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 10.95% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 11.83% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 2.59% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 23.01% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 12.92% |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 Bn | 942.00 Mn | 5.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.83% |
| Dec 31, 2025 | 12.86% |
| Sep 30, 2025 | 18.83% |
| Jun 30, 2025 | 7.27% |
| Mar 31, 2025 | 11.13% |
| Dec 31, 2024 | 18.22% |
| Sep 30, 2024 | 14.66% |
| Jun 30, 2024 | 11.67% |
| Mar 31, 2024 | 10.09% |
| Dec 31, 2023 | 14.68% |
| Sep 30, 2023 | 11.70% |
| Jun 30, 2023 | 6.49% |
| Mar 31, 2023 | 6.93% |
| Dec 31, 2022 | 10.40% |
| Sep 30, 2022 | 19.60% |
| Jun 30, 2022 | 4.74% |
| Mar 31, 2022 | 9.28% |
| Dec 31, 2021 | 13.97% |
| Sep 30, 2021 | 20.11% |
| Jun 30, 2021 | 11.46% |