IQVIA Holdings Inc (IQV)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,202,000 | 1,977,000 | 1,799,000 | 1,393,000 | 731,000 |
| Revenue | US$ in thousands | 15,403,000 | 14,308,000 | 14,004,000 | 13,470,000 | 10,935,000 |
| Operating profit margin | 14.30% | 13.82% | 12.85% | 10.34% | 6.68% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,202,000K ÷ $15,403,000K
= 14.30%
Based on the data provided for IQVIA Holdings Inc, the operating profit margin has shown a positive trend over the years, increasing from 6.68% as of December 31, 2020, to 14.30% as of December 31, 2024.
This improvement indicates that the company has been able to effectively control its operating expenses relative to its revenue, resulting in a higher proportion of each dollar of sales translating into operating profit.
The steady growth in the operating profit margin reflects positive operational efficiency and management effectiveness in maximizing profitability. It suggests that the company has been successful in managing costs and improving operational performance over the years.
Overall, the increasing trend in IQVIA Holdings Inc's operating profit margin is a positive indicator of the company's financial health and ability to generate profit from its core business operations.
Peer comparison
Dec 31, 2024