IQVIA Holdings Inc (IQV)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 191,000 | 244,000 | 247,000 | 248,000 |
| Total stockholders’ equity | US$ in thousands | 6,112,000 | 5,805,000 | 5,748,000 | 5,932,000 | 5,765,000 | 5,347,000 | 5,352,000 | 5,919,000 | 6,042,000 | 5,829,000 | 5,760,000 | 5,953,000 | 6,001,000 | 5,846,000 | 5,591,000 | 5,542,000 | 6,003,000 | 6,131,000 | 6,523,000 | 6,615,000 |
| ROE | 22.22% | 19.22% | 19.07% | 17.78% | 18.92% | 22.11% | 21.67% | 18.23% | 15.99% | 13.16% | 10.54% | 6.87% | 4.65% | 3.01% | 2.36% | 3.88% | 3.18% | 3.98% | 3.79% | 3.75% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,358,000K ÷ $6,112,000K
= 22.22%
Based on the data provided, IQVIA Holdings Inc's return on equity (ROE) has shown some variation over the past eight quarters. The ROE for Q4 2023 stood at 22.22%, indicating a slight increase compared to the previous quarter. This suggests that the company generated a return of 22.22% on its shareholders' equity during that period.
Looking at the trend over the past eight quarters, there have been fluctuations in ROE, with some quarters showing higher returns than others. The highest ROE was recorded in Q4 2022 at 22.11%, while the lowest was in Q1 2022 at 18.23%. Overall, the ROE has been relatively stable, ranging between 17.78% and 22.22% during this period.
It is important to note that ROE is a measure of a company's profitability relative to its equity, indicating how effectively it is generating profits from the equity invested by shareholders. A higher ROE generally signifies better profitability and efficiency in utilizing equity capital.
In conclusion, IQVIA Holdings Inc has demonstrated a consistent performance in terms of ROE over the past eight quarters, with the latest quarter showing a positive trend. However, further analysis and consideration of other financial metrics are necessary to gain a comprehensive understanding of the company's overall financial performance and health.
Peer comparison
Dec 31, 2023