Iqvia Holdings (IQV) Interest Coverage Ratio (2012 - 2026)
Iqvia Holdings' Interest Coverage Ratio was 2.57 in Q2 2026, down 7.6% from 2.78 a year earlier and down 4.1% from the prior quarter.
Iqvia Holdings (IQV) Interest Coverage Ratio (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Iqvia Holdings' Interest Coverage Ratio was 2.85 through Jun 30, 2026, down 9.9% year-over-year; for FY2025, it came in at 2.99, down 8.9% from FY2024.
- In earlier years, Interest Coverage Ratio was 3.29 in FY2024 (+11.7%), 2.94 in FY2023 (-32.0%), 4.32 in FY2022 (+16.4%) and 3.71 in FY2021 (+111.4%).
- The Q2 2026 figure marks the lowest quarterly Interest Coverage Ratio since Q3 2020.
- Compared with a year earlier, Interest Coverage Ratio has declined for six straight quarters, with an average year-over-year change of 0.0% over the last eight quarters.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q4 2021 (growth of 81.6%); the worst was Q4 2022 (a decline of 42.4%).
- Per Business Quant data, IQV's Interest Coverage Ratio in the three quarters before Q2 2026 was 2.68 (Q1 2026), 3.25 (Q4 2025) and 2.93 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 43.53 Bn | 35.24 Bn | 1.44 Bn | 2.57 |
| 2 | Medpace Holdings | 17.35 Bn | 15.41 Bn | 201.64 Mn | - |
| 3 | Charles River Laboratories International | 14.58 Bn | 13.78 Bn | 363.37 Mn | 3.95 |
| 4 | Icon | 13.22 Bn | 10.33 Bn | 479.29 Mn | 2.83 |
| 5 | Fortrea Holdings | 2.04 Bn | 1.42 Bn | 139.20 Mn | - |
| 6 | Ginkgo Bioworks Holdings | 732.71 Mn | -29.38 Mn | 18.44 Mn | - |
| 7 | Evotec SE | 504.29 Mn | -1.11 Bn | - | - |
| 8 | Champions Oncology | 67.26 Mn | 42.35 Mn | 7.70 Mn | - |
| 9 | MindWalk Holdings | 65.40 Mn | 29.05 Mn | 1.61 Mn | - |
| 10 | Natural Alternatives International | 6.57 Mn | -21.51 Mn | 1.73 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.57 |
| Mar 31, 2026 | 2.68 |
| Dec 31, 2025 | 3.25 |
| Sep 30, 2025 | 2.93 |
| Jun 30, 2025 | 2.78 |
| Mar 31, 2025 | 3.01 |
| Dec 31, 2024 | 3.66 |
| Sep 30, 2024 | 3.24 |
| Jun 30, 2024 | 3.19 |
| Mar 31, 2024 | 3.05 |
| Dec 31, 2023 | 2.77 |
| Sep 30, 2023 | 2.66 |
| Jun 30, 2023 | 3.10 |
| Mar 31, 2023 | 3.34 |
| Dec 31, 2022 | 2.96 |
| Sep 30, 2022 | 4.37 |
| Jun 30, 2022 | 4.82 |
| Mar 31, 2022 | 5.76 |
| Dec 31, 2021 | 5.14 |
| Sep 30, 2021 | 3.28 |
Iqvia Holdings Interest Coverage Ratio 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=interest-coverage-ratio&ticker=IQV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=IQV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();