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.