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| Date | Value |
|---|---|
| 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% |