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
DateValue
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%