Iqvia Holdings (IQV) FCF Margin (2012 - 2026)
Iqvia Holdings' FCF Margin was 8.24% in Q2 2026, up 0.97 percentage points from 7.27% a year earlier but down 3.59 percentage points from the prior quarter.
Iqvia Holdings (IQV) FCF Margin (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Iqvia Holdings' FCF Margin was 12.86% through Jun 30, 2026, up 0.06 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 20.11% (Q3 2021) over five years.
- Compared with a year earlier, FCF Margin was higher in six of the last eight quarters, with an average year-over-year change of +0.45 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 Q2 2026 was 11.83% (Q1 2026), 12.86% (Q4 2025) and 18.83% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 43.55 Bn | 35.26 Bn | 1.44 Bn | 8.24% |
| 2 | Medpace Holdings | 17.35 Bn | 15.41 Bn | 201.64 Mn | 19.52% |
| 3 | Charles River Laboratories International | 14.52 Bn | 13.72 Bn | 363.37 Mn | 14.80% |
| 4 | Icon | 13.21 Bn | 10.33 Bn | 479.29 Mn | 11.57% |
| 5 | Fortrea Holdings | 2.03 Bn | 1.41 Bn | 139.20 Mn | 2.93% |
| 6 | Ginkgo Bioworks Holdings | 724.02 Mn | -38.06 Mn | 18.44 Mn | -232.65% |
| 7 | Evotec SE | 509.65 Mn | -1.10 Bn | - | - |
| 8 | Champions Oncology | 67.26 Mn | 42.35 Mn | 7.70 Mn | -3.59% |
| 9 | MindWalk Holdings | 65.63 Mn | 29.28 Mn | 1.61 Mn | -107.46% |
| 10 | Natural Alternatives International | 6.81 Mn | -21.27 Mn | 1.73 Mn | -4.94% |
Historic 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% |
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_KEY
import 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();