IQVIA Holdings Inc (IQV)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,373,000 | 1,358,000 | 1,091,000 | 966,000 | 279,000 |
| Revenue | US$ in thousands | 15,403,000 | 14,308,000 | 14,004,000 | 13,470,000 | 10,935,000 |
| Net profit margin | 8.91% | 9.49% | 7.79% | 7.17% | 2.55% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,373,000K ÷ $15,403,000K
= 8.91%
IQVIA Holdings Inc's net profit margin has shown an increasing trend over the years, from 2.55% in December 31, 2020, to 8.91% in December 31, 2024. This positive trajectory indicates that the company has been effectively controlling its expenses relative to its revenue, resulting in higher profitability. The significant improvement in net profit margin demonstrates operational efficiency and effective cost management practices within the organization. Overall, the consistent growth in net profit margin reflects positively on IQVIA Holdings Inc's financial performance and strategic decision-making.
Peer comparison
Dec 31, 2024