IQVIA Holdings Inc (IQV)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,373,000 | 1,405,000 | 1,423,000 | 1,357,000 | 1,358,000 | 1,116,000 | 1,096,000 | 1,055,000 | 1,091,000 | 1,182,000 | 1,160,000 | 1,079,000 | 966,000 | 767,000 | 607,000 | 409,000 | 279,000 | 176,000 | 132,000 | 215,000 |
| 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 |
| ROA | 5.10% | 5.17% | 5.39% | 5.11% | 5.09% | 4.30% | 4.21% | 4.10% | 4.31% | 4.88% | 4.75% | 4.32% | 3.91% | 3.19% | 2.54% | 1.67% | 1.14% | 0.74% | 0.57% | 0.93% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,373,000K ÷ $26,899,000K
= 5.10%
The return on assets (ROA) of IQVIA Holdings Inc has shown positive trends over the analyzed period, increasing steadily from 0.93% as of March 31, 2020, to 5.10% as of December 31, 2024. This indicates that the company has been effective in generating profits relative to its total assets.
The ROA improvements can be attributed to the company's ability to efficiently utilize its assets to generate income. The consistent upward trend in ROA demonstrates management's effectiveness in maximizing the profitability of the company's asset base.
Overall, the increasing ROA reflects positively on IQVIA Holdings Inc's operational efficiency and financial performance, suggesting that the company has been successful in generating higher returns on its investments in assets over the analyzed period.
Peer comparison
Dec 31, 2024