IQVIA Holdings Inc (IQV)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,373,000 | 1,358,000 | 1,091,000 | 966,000 | 279,000 |
| Total stockholders’ equity | US$ in thousands | 6,067,000 | 6,112,000 | 5,765,000 | 6,042,000 | 6,001,000 |
| ROE | 22.63% | 22.22% | 18.92% | 15.99% | 4.65% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $1,373,000K ÷ $6,067,000K
= 22.63%
Based on the provided data, IQVIA Holdings Inc's Return on Equity (ROE) has shown a positive trend over the years, increasing from 4.65% as of December 31, 2020, to 22.63% as of December 31, 2024.
The company's ROE has demonstrated consistent improvement, with significant growth particularly between 2022 and 2024. This indicates that IQVIA Holdings Inc has been effectively utilizing shareholder equity to generate profits.
A rising ROE suggests that the company is becoming more efficient in generating profits from shareholders' investments. This trend is often viewed positively by investors and analysts as it indicates improving profitability and overall financial performance. IQVIA Holdings Inc's increasing ROE over the years reflects strong financial management and strategic decision-making within the organization.
Peer comparison
Dec 31, 2024