Company / Operating Margin
IQVIA Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
13.4%
FY2025
5-year range
6.4% / 14.3%
FY2021-FY2025
Trend
-6.4%
vs FY2024
Sector context
#41 of 148
Health Care
What the data says
At 13.4%, IQVIA's operating margin ranks #41 of 148 in the Health Care sector. Operating Margin has fluctuated over the past 10 years, ranging from 6.4% in FY2022 to 14.3% in FY2024.
Based on SEC 10-K filings.
13.4% in FY2025 with a 5-year CAGR of +6.3%.
Remained stable around 13.4% over the past 2 years.
Health Care sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +6.9pp
- 5-Year Change
- +6.3pp
- 10-Year Change
- -
Sector benchmark
#41 of 148 in Health CareTop 28% of 148This company 13.4% Sector average -284.8%
▼
+104.7% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 6.4% year-over-year.
- Currently 298.2pp above the Health Care sector average.
- Peak operating margin was recorded in FY2024.
- Lowest operating margin in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 1.05 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 20.8%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 13.4% | -6.4% |
| FY2024 | 14.3% | +8.3% |
| FY2023 | 13.2% | +104.8% |
| FY2022 | 6.4% | -8.1% |
| FY2021 | 7.0% | -1.5% |
| FY2020 | 7.1% | +3.9% |
| FY2019 | 6.9% | -18.9% |
| FY2018 | 8.5% | +23.7% |
| FY2017 | 6.8% | -18.4% |
| FY2016 | 8.4% | -25.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026