Stock Analysis on Net

IQVIA Holdings Inc. (NYSE:IQV)

This company has been moved to the archive! The financial data has not been updated since November 1, 2023.

Common-Size Income Statement 
Quarterly Data

IQVIA Holdings Inc., common-size consolidated income statement (quarterly data)

Microsoft Excel
3 months ended: 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 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Revenues 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Cost of revenues, exclusive of depreciation and amortization -64.94 -65.53 -65.66 -64.38 -65.16 -65.83 -65.11 -65.02 -66.44 -67.57 -67.26 -65.86 -64.61 -67.59 -66.23 -65.66 -66.88 -65.66 -65.13 -64.81 -64.69 -65.21 -64.46
Gross profit 35.06% 34.47% 34.34% 35.62% 34.84% 34.17% 34.89% 34.98% 33.56% 32.43% 32.74% 34.14% 35.39% 32.41% 33.77% 34.34% 33.12% 34.34% 34.87% 35.19% 35.31% 34.79% 35.54%
Selling, general and administrative expenses -13.44 -12.93 -14.05 -15.59 -14.51 -13.64 -13.68 -14.91 -14.69 -14.02 -12.97 -14.89 -16.51 -17.10 -14.78 -16.72 -14.27 -15.91 -15.61 -16.48 -16.54 -16.52 -16.39
Depreciation and amortization -7.95 -6.95 -6.93 -9.55 -6.96 -7.62 -7.15 -7.21 -9.91 -9.98 -9.47 -10.43 -11.45 -12.22 -11.47 -10.85 -10.80 -10.73 -10.99 -10.94 -10.91 -10.99 -11.00
Restructuring costs -0.80 -0.54 -0.47 -0.35 -0.11 -0.11 -0.20 -0.14 -0.06 -0.12 -0.26 -0.06 -0.72 -0.63 -0.51 -1.04 -0.69 -0.51 -0.45 -0.07 -0.89 -0.66 -1.01
Income from operations 12.87% 14.06% 12.90% 10.14% 13.25% 12.79% 13.87% 12.73% 8.91% 8.32% 10.03% 8.76% 6.71% 2.46% 7.01% 5.73% 7.37% 7.19% 7.82% 7.70% 6.98% 6.62% 7.14%
Interest income 0.37 0.11 0.16 0.16 0.11 0.06 0.03 0.06 0.06 0.03 0.03 0.06 0.04 0.04 0.07 0.07 0.11 0.07 0.07 0.11 0.08 0.04 0.08
Interest expense -4.84 -4.53 -3.86 -3.42 -3.03 -2.65 -2.41 -2.48 -2.71 -2.73 -2.90 -3.09 -3.59 -4.28 -3.85 -3.77 -4.12 -4.16 -4.10 -3.94 -4.05 -4.17 -3.75
Loss on extinguishment of debt 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.03 -0.03 0.00 -0.70 -0.03 0.00 -0.48 0.00 0.00 -0.87 0.00 0.00 0.00 0.00 -0.08 0.00
Other income (expense), net 0.94 0.43 0.71 0.48 -0.22 -0.93 -0.28 0.06 1.83 0.84 1.09 0.18 0.50 1.27 0.47 1.28 0.00 -0.26 0.26 0.00 -1.04 1.01 -0.16
Income (loss) before income taxes and equity in earnings (losses) of unconsolidated affiliates 9.34% 10.06% 9.91% 7.35% 10.11% 9.26% 11.21% 10.34% 8.05% 6.46% 7.54% 5.88% 3.66% -0.99% 3.70% 3.32% 2.49% 2.85% 4.06% 3.87% 1.97% 3.43% 3.32%
Income tax (expense) benefit -1.37 -2.17 -1.94 -1.28 -1.97 -2.01 -1.99 -1.62 -0.35 -1.40 -1.29 -1.91 0.11 0.20 -0.62 -2.35 0.04 -0.29 -1.53 -1.12 0.54 -0.93 -0.74
Income (loss) before equity in earnings (losses) of unconsolidated affiliates 7.98% 7.89% 7.97% 6.07% 8.14% 7.26% 9.22% 8.72% 7.70% 5.06% 6.25% 3.97% 3.77% -0.79% 3.09% 0.97% 2.53% 2.55% 2.53% 2.75% 2.51% 2.49% 2.58%
Equity in earnings (losses) of unconsolidated affiliates 0.13 0.08 -0.05 0.00 -0.20 -0.03 -0.11 0.03 0.00 0.03 0.12 -0.03 0.11 -0.04 0.22 -0.28 -0.04 0.04 -0.04 0.07 0.08 0.16 0.27
Net income (loss) 8.11% 7.97% 7.91% 6.07% 7.94% 7.23% 9.11% 8.75% 7.70% 5.09% 6.37% 3.94% 3.88% -0.83% 3.30% 0.69% 2.49% 2.59% 2.50% 2.83% 2.58% 2.65% 2.85%
Net income attributable to non-controlling interests 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.15 -0.33 -0.25 -0.08 -0.33 -0.14 -0.43 -0.40 -0.34 -0.26 -0.27 -0.27 -0.16
Net income (loss) attributable to IQVIA Holdings Inc. 8.11% 7.97% 7.91% 6.07% 7.94% 7.23% 9.11% 8.75% 7.70% 5.09% 6.22% 3.61% 3.63% -0.91% 2.98% 0.55% 2.06% 2.19% 2.16% 2.57% 2.31% 2.38% 2.69%

Based on: 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Income statement item Description The company
Income from operations The net result for the period of deducting operating expenses from operating revenues. IQVIA Holdings Inc. income from operations as a percentage of revenues increased from Q1 2023 to Q2 2023 but then decreased significantly from Q2 2023 to Q3 2023.
Income (loss) before income taxes and equity in earnings (losses) of unconsolidated affiliates Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. IQVIA Holdings Inc. income (loss) before income taxes and equity in earnings (losses) of unconsolidated affiliates as a percentage of revenues increased from Q1 2023 to Q2 2023 but then decreased significantly from Q2 2023 to Q3 2023.
Net income (loss) attributable to IQVIA Holdings Inc. The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. IQVIA Holdings Inc. net income (loss) attributable to IQVIA Holdings Inc. as a percentage of revenues increased from Q1 2023 to Q2 2023 and from Q2 2023 to Q3 2023.