IQVIA Holdings Inc (IQV)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,358,000 | 1,116,000 | 1,096,000 | 1,055,000 | 1,091,000 | 1,182,000 | 1,160,000 | 1,079,000 | 966,000 | 767,000 | 607,000 | 409,000 | 279,000 | 176,000 | 132,000 | 215,000 | 191,000 | 244,000 | 247,000 | 248,000 |
| Revenue (ttm) | US$ in thousands | 14,308,000 | 14,246,000 | 14,145,000 | 14,033,000 | 14,004,000 | 13,925,000 | 13,769,000 | 13,666,000 | 13,470,000 | 13,226,000 | 12,614,000 | 11,671,000 | 11,033,000 | 10,630,000 | 10,575,000 | 10,800,000 | 10,726,000 | 10,519,000 | 10,377,000 | 10,209,000 |
| Net profit margin | 9.49% | 7.83% | 7.75% | 7.52% | 7.79% | 8.49% | 8.42% | 7.90% | 7.17% | 5.80% | 4.81% | 3.50% | 2.53% | 1.66% | 1.25% | 1.99% | 1.78% | 2.32% | 2.38% | 2.43% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,358,000K ÷ $14,308,000K
= 9.49%
The net profit margin of IQVIA Holdings Inc has displayed fluctuations over the past eight quarters. In Q4 2023, the net profit margin increased to 9.06% compared to the previous quarter's 7.51%. This marks a notable improvement in profitability. However, it is important to note that the net profit margin has been trending slightly lower compared to the same quarter in the previous year, where it was 7.57%.
Overall, IQVIA Holdings Inc has shown a consistent ability to generate profits relative to its revenue, with the net profit margin ranging between 7.28% to 9.06% over the past year. This indicates the company's efficiency in managing its expenses and operations to generate profits, although some volatility in performance is evident. Further analysis of the company's cost structure and revenue streams could provide insights into the factors driving these fluctuations in net profit margin.
Peer comparison
Dec 31, 2023