IQVIA Holdings Inc (IQV)
Operating return on assets (Operating ROA)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating income (ttm) | US$ in thousands | 2,202,000 | 2,077,000 | 2,008,000 | 2,012,000 | 1,977,000 | 1,855,000 | 1,846,000 | 1,775,000 | 1,799,000 | 1,883,000 | 1,713,000 | 1,546,000 | 1,393,000 | 1,219,000 | 1,104,000 | 880,000 | 731,000 | 608,000 | 625,000 | 760,000 |
Total assets | US$ in thousands | 26,899,000 | 27,180,000 | 26,398,000 | 26,574,000 | 26,681,000 | 25,977,000 | 26,036,000 | 25,739,000 | 25,337,000 | 24,223,000 | 24,413,000 | 24,969,000 | 24,689,000 | 24,033,000 | 23,937,000 | 24,467,000 | 24,564,000 | 23,837,000 | 23,183,000 | 23,078,000 |
Operating ROA | 8.19% | 7.64% | 7.61% | 7.57% | 7.41% | 7.14% | 7.09% | 6.90% | 7.10% | 7.77% | 7.02% | 6.19% | 5.64% | 5.07% | 4.61% | 3.60% | 2.98% | 2.55% | 2.70% | 3.29% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $2,202,000K ÷ $26,899,000K
= 8.19%
Operating ROA is a key financial ratio that measures a company's ability to generate operating income from its total assets. For IQVIA Holdings Inc, the trend of operating ROA over the past few years shows a generally positive trajectory. Starting at 3.29% as of March 31, 2020, the ratio fluctuated within a range before demonstrating a consistent upward trend, reaching 8.19% by December 31, 2024. This improvement indicates that IQVIA has been able to efficiently utilize its assets to generate operating income over time. The company's increasing operating ROA reflects a potentially strengthening operational performance, which is a positive indicator for investors and stakeholders.
Peer comparison
Dec 31, 2024