IQVIA Holdings Inc (IQV)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,674,000 | 1,492,000 | 1,496,000 | 1,436,000 | 1,459,000 | 1,367,000 | 1,366,000 | 1,315,000 | 1,351,000 | 1,453,000 | 1,373,000 | 1,269,000 | 1,129,000 | 934,000 | 759,000 | 508,000 | 351,000 | 253,000 | 211,000 | 307,000 |
| Revenue (ttm) | US$ in thousands | 15,237,000 | 14,964,000 | 14,623,000 | 14,368,000 | 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 |
| Pretax margin | 10.99% | 9.97% | 10.23% | 9.99% | 10.20% | 9.60% | 9.66% | 9.37% | 9.65% | 10.43% | 9.97% | 9.29% | 8.38% | 7.06% | 6.02% | 4.35% | 3.18% | 2.38% | 2.00% | 2.84% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,674,000K ÷ $15,237,000K
= 10.99%
IQVIA Holdings Inc's pretax margin has shown a generally increasing trend from March 31, 2020, to December 31, 2024. The pretax margin started at 2.84% in March 2020 and fluctuated within a range before reaching its highest point of 10.99% in December 31, 2024. During this period, there were fluctuations in pretax margin, with some quarters showing slight decreases but generally trending upwards.
The company's ability to improve and maintain a growth trend in pretax margin indicates efficient cost management and/or revenue generation. A rising pretax margin suggests that the company is effectively controlling its operating expenses relative to its revenue, resulting in higher profitability before accounting for taxes. However, the slight fluctuations in the later quarters, such as in September 30, 2024, could indicate some challenges in maintaining this trend consistently.
Overall, the upward trajectory of IQVIA Holdings Inc's pretax margin is a positive indicator of the company's financial performance and management efficiency over the analyzed period.
Peer comparison
Dec 31, 2024