Iqvia Holdings
Iqvia Holdings returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | 9.31% | 10.44% | 7.2% | 23.01% | 4.7% | 1.6 pp |
| FY 2026 Q1 | Mar 31, 2026 | 9.56% | 10.61% | 4.74% | 22.71% | 4.86% | 1.9 pp |
| FY 2025 Q4 | Dec 31, 2025 | 9.49% | 10.5% | 1.56% | 21.64% | 4.79% | 1.8 pp |
| FY 2025 Q3 | Sep 30, 2025 | 9.21% | 10.8% | -36.57% | 19.55% | 4.59% | 1.5 pp |
| FY 2025 Q2 | Jun 30, 2025 | 9.36% | 10.67% | -18.3% | 19.8% | 4.5% | 1.7 pp |
| FY 2025 Q1 | Mar 31, 2025 | 9.6% | 10.89% | -89.71% | 21.65% | 4.95% | 1.9 pp |
| FY 2024 Q4 | Dec 31, 2024 | 9.82% | 10.97% | — | 22.55% | 5.13% | 2.1 pp |
| FY 2024 Q3 | Sep 30, 2024 | 10.54% | 10.5% | 63.81% | 22% | 5.29% | 2.8 pp |
| FY 2024 Q2 | Jun 30, 2024 | 10.45% | 10.23% | 150.5% | 22.84% | 5.43% | 2.7 pp |
| FY 2024 Q1 | Mar 31, 2024 | 10.55% | 10.26% | 57.75% | 22.11% | 5.19% | 2.8 pp |
| FY 2023 Q4 | Dec 31, 2023 | 10.31% | 9.9% | 34.53% | 22.87% | 5.22% | 2.6 pp |
| FY 2023 Q3 | Sep 30, 2023 | 8.73% | 9.67% | -1.23% | 20.01% | 4.45% | 1 pp |
| FY 2023 Q2 | Jun 30, 2023 | 8.51% | 9.51% | 2.39% | 19.75% | 4.34% | 0.8 pp |
| FY 2023 Q1 | Mar 31, 2023 | 8.2% | 9.13% | 25.13% | 17.8% | 4.16% | 0.5 pp |
| FY 2022 Q4 | Dec 31, 2022 | 8.54% | 9.18% | 53.36% | 18.48% | 4.36% | 0.8 pp |
| FY 2022 Q3 | Sep 30, 2022 | 9.3% | 9.87% | — | 21.15% | 4.9% | 1.6 pp |
| FY 2022 Q2 | Jun 30, 2022 | 8.79% | 8.92% | 124.29% | 20.88% | 4.8% | 1.1 pp |
| FY 2022 Q1 | Mar 31, 2022 | 7.89% | 7.85% | 59.93% | 18.18% | 4.37% | 0.2 pp |
| FY 2021 Q4 | Dec 31, 2021 | 7.05% | 7.06% | — | 16.04% | 3.92% | -0.6 pp |
| FY 2021 Q3 | Sep 30, 2021 | 5.99% | 6.27% | — | 13.14% | 3.2% | -1.7 pp |
| FY 2021 Q2 | Jun 30, 2021 | 5.36% | 5.74% | — | 10.7% | 2.58% | -2.3 pp |
| FY 2021 Q1 | Mar 31, 2021 | 4.32% | 4.54% | — | 7.12% | 1.72% | -3.4 pp |
| FY 2020 Q4 | Dec 31, 2020 | 3.46% | 3.72% | — | 4.65% | 1.17% | -4.2 pp |
| FY 2020 Q3 | Sep 30, 2020 | 2.57% | 3.12% | — | 2.94% | 0.75% | -5.1 pp |
| FY 2020 Q2 | Jun 30, 2020 | 2.47% | 3.21% | — | 2.18% | 0.57% | -5.2 pp |
| FY 2020 Q1 | Mar 31, 2020 | 3.27% | 3.92% | — | 3.54% | 0.93% | -4.4 pp |
| FY 2019 Q4 | Dec 31, 2019 | 3.05% | 4.06% | -8,676.72% | 3% | 0.83% | -4.6 pp |
| FY 2019 Q3 | Sep 30, 2019 | 3.73% | 4.26% | — | 3.66% | 1.08% | -4 pp |
| FY 2019 Q2 | Jun 30, 2019 | 3.71% | 4.07% | — | 3.56% | 1.08% | -4 pp |
| FY 2019 Q1 | Mar 31, 2019 | 3.36% | 3.87% | — | 3.35% | 1.07% | -4.3 pp |
| FY 2018 Q4 | Dec 31, 2018 | 3.5% | 3.81% | — | 3.49% | 1.14% | -4.2 pp |
| FY 2018 Q3 | Sep 30, 2018 | — | 3.81% | — | 17.49% | 5.63% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | 3.9% | — | 17.31% | 5.81% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | 3.8% | — | 16.54% | 5.87% | — |
| FY 2017 Q4 | Dec 31, 2017 | — | 3.75% | — | 15.64% | 5.96% | — |
| FY 2017 Q3 | Sep 30, 2017 | 1.76% | 5.97% | -2.18% | 1.58% | 0.41% | -5.9 pp |
| FY 2017 Q2 | Jun 30, 2017 | 1.76% | 5.87% | -2.25% | 1.98% | 0.55% | -5.9 pp |
| FY 2017 Q1 | Mar 31, 2017 | 1.91% | 6.01% | -2.31% | 2.3% | 0.65% | -5.8 pp |
| FY 2016 Q4 | Dec 31, 2016 | 2.24% | 6.16% | -2.02% | 2.85% | 0.92% | -5.5 pp |
| FY 2016 Q3 | Sep 30, 2016 | 40.6% | 26.91% | — | — | 9.73% | 32.9 pp |
| FY 2016 Q2 | Jun 30, 2016 | 42.5% | 31.01% | 17.09% | — | 11.21% | 34.8 pp |
| FY 2016 Q1 | Mar 31, 2016 | 45.97% | 31.58% | 22.5% | — | 11.29% | 38.3 pp |
| FY 2015 Q4 | Dec 31, 2015 | 48.58% | 31.04% | 9.68% | — | 10.71% | 40.9 pp |
| FY 2015 Q3 | Sep 30, 2015 | 43.08% | 29.96% | 15.28% | — | 10.39% | 35.4 pp |
| FY 2015 Q2 | Jun 30, 2015 | 48.46% | 33.74% | 25.65% | — | 11.15% | 40.8 pp |
| FY 2015 Q1 | Mar 31, 2015 | 50.52% | 32.89% | 40.72% | — | 11.2% | 42.8 pp |
| FY 2014 Q4 | Dec 31, 2014 | 62.61% | 34.54% | 73.18% | — | 11.18% | 54.9 pp |
| FY 2014 Q3 | Sep 30, 2014 | 49.61% | 35.04% | — | — | 11.46% | 41.9 pp |
| FY 2014 Q2 | Jun 30, 2014 | 52.35% | 35.23% | — | — | 11.2% | 44.7 pp |
| FY 2014 Q1 | Mar 31, 2014 | 51.89% | 33.8% | — | — | 9.78% | 44.2 pp |
| FY 2013 Q4 | Dec 31, 2013 | — | — | — | — | — | — |
| FY 2013 Q3 | Sep 30, 2013 | — | — | — | — | — | — |
| FY 2013 Q2 | Jun 30, 2013 | — | — | — | — | — | — |
| FY 2013 Q1 | Mar 31, 2013 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · IQV, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.