Iqvia Holdings (IQV) FCF Margin (2012 - 2026)
Iqvia Holdings' FCF Margin was 15.06% in Q3 2026, down 3.77 percentage points from 18.83% a year earlier but up 6.82 percentage points from the prior quarter.
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Analysis
Iqvia Holdings (IQV) FCF Margin (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Iqvia Holdings' FCF Margin was 12.01% through Sep 30, 2026, down 1.89 percentage points year-over-year; for FY2025, it was 12.58%, down 1.15 percentage points from FY2024.
- FCF Margin shows a five-year change of +0.75 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 13.72% in FY2024 (+3.71 pp), 10.01% in FY2023 (-1.00 pp), 11.01% in FY2022 (-5.59 pp) and 16.59% in FY2021 (+4.77 pp).
- Quarterly FCF Margin has moved between 4.74% (Q2 2022) and 19.60% (Q3 2022) over five years.
- Compared with a year earlier, FCF Margin was higher in five of the last eight quarters, with an average year-over-year change of -0.39 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q2 2024 (a gain of 5.18 percentage points); the worst was Q1 2022 (a drop of 11.78 percentage points).
- Per Business Quant data, IQV's FCF Margin in the three quarters before Q3 2026 was 8.24% (Q2 2026), 11.83% (Q1 2026) and 12.86% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 42.58 Bn | 33.96 Bn | 1.50 Bn | 15.06% |
| 2 | Medpace Holdings | 18.13 Bn | 15.77 Bn | 223.89 Mn | 27.44% |
| 3 | Charles River Laboratories International | 16.15 Bn | 15.39 Bn | 363.37 Mn | 14.80% |
| 4 | Icon | 15.71 Bn | 12.48 Bn | 491.83 Mn | 15.17% |
| 5 | Fortrea Holdings | 1.93 Bn | 1.22 Bn | 139.50 Mn | 7.59% |
| 6 | Ginkgo Bioworks Holdings | 627.55 Mn | -134.53 Mn | 18.44 Mn | -232.65% |
| 7 | Evotec SE | 540.45 Mn | -1.07 Bn | - | - |
| 8 | Champions Oncology | 68.48 Mn | 44.13 Mn | 7.70 Mn | -3.59% |
| 9 | MindWalk Holdings | 51.38 Mn | 15.04 Mn | 1.61 Mn | -107.46% |
| 10 | Natural Alternatives International | 6.45 Mn | -21.63 Mn | 1.73 Mn | -4.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.06% |
| 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% |
API Access
Iqvia Holdings FCF Margin 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=fcf-margin&ticker=IQV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=IQV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();