Iqvia Holdings (IQV) FCF Margin (2012 - 2026)

Iqvia Holdings (IQV) posted FCF Margin of 8.24% for Q2 2026, down 30.32% sequentially from 11.83% in Q1 2026, and up 97.0% YoY from 4.18% in Q2 2025.

Iqvia Holdings (IQV) FCF Margin (2012 - 2026) Analysis & Trends

Iqvia Holdings has reported FCF Margin for 15 years, with the latest figure at 8.24% in Q2 2026.

  • Quarterly FCF Margin rose 97.0% year-over-year to 8.24% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 12.86% (up 6.0% YoY) and the FY2025 annual result came in at 12.58%, down 115.0% from the prior year.
  • FCF Margin retreated to 8.24% in Q2 2026 per IQV's latest filing, from 11.83% in the prior quarter.
  • Over five years, FCF Margin peaked at 19.6% in Q3 2022 and troughed at 4.74% in Q2 2022.
  • A 5-year average of 11.59% and a median of 11.4% in 2025 frame the typical range for FCF Margin.
  • The sharpest annual moves came in 2022 and 2024: FCF Margin sank 1178 bps in 2022, then soared 518 bps in 2024.
  • Over 5 years, FCF Margin stood at 10.4% in 2022, then soared by 41 bps to 14.68% in 2023, then grew by 24 bps to 18.22% in 2024, then dropped by 29 bps to 12.86% in 2025, then sank by 36 bps to 8.24% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 8.24%, 11.83%, and 12.86% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 13.97%
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 20.19%
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 26.51%
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 10.95%
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 8.24%
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn 2.59%
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 13.89%
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 27.51%
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 15.08%
10 Labcorp Holdings 25.87 Bn 24.89 Bn 1.01 Bn 1.99%

Historic Data

Download Data
DateValue
Jun 30, 2026 8.24%
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%