IQVIA Holdings Inc (IQV)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 777,000 | 818,000 | 795,000 | 768,000 |
| Total assets | US$ in thousands | 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 | 23,251,000 | 22,892,000 | 23,068,000 | 23,109,000 |
| Operating ROA | 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% | 3.34% | 3.57% | 3.45% | 3.32% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,977,000K ÷ $26,681,000K
= 7.41%
Based on the provided data, IQVIA Holdings Inc's operating return on assets (operating ROA) has shown a fluctuating trend over the past eight quarters. The operating ROA ranged from 6.26% in Q1 2022 to 7.86% in Q3 2022, indicating some volatility in the company's ability to generate profits from its assets. However, the operating ROA has generally been in the range of 7.04% to 7.86% in the recent quarters, suggesting a relatively stable performance in utilizing assets to generate operating profits.
It is worth noting that the operating ROA decreased slightly in the most recent quarter (Q4 2023) compared to the previous quarter, indicating a potential dip in the efficiency of the company in generating operating profits from its assets. Further analysis of the company's operations and assets utilization efficiency may be necessary to determine the factors influencing this fluctuation in the operating ROA.
Peer comparison
Dec 31, 2023