IQVIA Holdings Inc. (IQV) Valuation — DCF, Graham & Comparables

IQVIA Holdings Inc. (IQV) — Price $267.33 (closing price, October 30, 2026) — Healthcare — Medical - Diagnostics & Research — NYSE

Latest reported results:

Valuation dashboard for IQVIA Holdings Inc. (IQV) with P/E 32.48, P/B 6.61, EV/EBITDA 16.2 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Healthcare companies.

IQVIA Holdings Inc. is a premier global provider of sophisticated analytical insights, advanced technology solutions, and comprehensive clinical research services, catering to the life sciences industry across the Americas, Europe, Africa, and Asia-Pacific. The company's operations are structured into three key divisions: Technology & Analytics Solutions, Research & Development Solutions, and Contract Sales & Medical Solutions.

What would it be worth at its usual multiples?

Versus its usual multiples: fairly priced · Current P/E 32.5× · Multiples range: $252.58 · $270.36.

At the decade median (32.9×) $270 (+1 %); at its sector median (30.7×) $253 (-6 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.

Analysis Summary

IQVIA Holdings Inc. reported revenue of $16.31B in the most recent fiscal year, growing at a 5-year CAGR of 7.5%. Net income reached $1.36B, with a 37.3% 5-year CAGR.

Trailing-twelve-month margins: gross margin 26.5%, operating margin 13.4%, net margin 8.1%.

At $267.33 (closing price, October 30, 2026), IQV trades at a P/E of 32.48 and an ROE of 21.82%. Market capitalisation stands at $44.1B, placing it among large-cap names.

Balance sheet quality for IQV: debt-to-equity ratio of 2.45, current ratio of 0.83 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio32.48
Price / Book6.61
EV / EBITDA16.2
Dividend Yield0.00%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
IQVIQVIA Holdings Inc.$44.1B32.486.6121.8%
MEDPMedpace Holdings, Inc.$18.2B36.1431.1499.8%
ICLRICON Public Limited Company$16.3B36.381.784.9%
TEMTempus AI, Inc.$13.4B27.57-40.9%
VEEVVeeva Systems Inc.$50.7B51.476.8414.0%
CRLCharles River Laboratories International, Inc.$17.3B6.14-7.7%

Price

Price$267.33 (closing price, October 30, 2026)
Market Cap$44.1B
ExchangeNYSE
CountryUS

Profitability

Return on Equity21.82%
Return on Invested Capital8.20%
Return on Assets4.57%
Gross Margin26.46%
Operating Margin13.42%
Net Margin8.05%

Related companies: MEDP · ICLR · TEM · VEEV · CRL

Explore sector: Healthcare · Medical - Diagnostics & Research

More sections of IQV: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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