IQVIA Holdings Inc. (IQV)

IQVIA Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	15,069	14,984	14,410	13,874	11,359	11,088
Revenue Growth (YoY)	3.97%	3.98%	3.86%	22.14%	2.44%	6.49%
Cost of Revenue	9,791	9,745	9,382	9,233	7,500	7,300
Gross Profit	5,278	5,239	5,028	4,641	3,859	3,788
Selling, General & Admin	2,048	2,053	2,071	1,964	1,789	1,734
Other Operating Expenses	1,218	1,209	1,158	1,284	1,339	1,277
Operating Expenses	3,266	3,262	3,229	3,248	3,128	3,011
Operating Income	2,012	1,977	1,799	1,393	731	777
Interest Expense / Income	697	672	416	375	416	447
Other Expense / Income	-121	-154	32	-111	-36	23
Pretax Income	1,436	1,459	1,351	1,129	351	307
Income Tax	79	101	260	163	72	116
Net Income	1,357	1,358	1,091	966	279	191
Net Income Growth	28.63%	24.47%	12.94%	246.24%	46.07%	-26.25%
Shares Outstanding (Basic)	182	184	188	191	191	195
Shares Outstanding (Diluted)	184	186	191	195	195	200
Shares Change	-2.28%	-2.26%	-2.26%	-	-2.30%	-4.13%
EPS (Basic)	7.42	7.39	5.82	5.05	1.46	0.98
EPS (Diluted)	7.31	7.29	5.72	4.95	1.43	0.96
EPS Growth	31.47%	27.45%	15.56%	246.15%	48.96%	-22.58%
Free Cash Flow	1,624	1,500	1,586	2,302	1,343	835
Free Cash Flow Per Share	8.93	8.16	8.45	12.03	7.02	4.28
Gross Margin	35.03%	34.96%	34.89%	33.45%	33.97%	34.16%
Operating Margin	13.35%	13.19%	12.48%	10.04%	6.44%	7.01%
Profit Margin	9.01%	9.06%	7.57%	6.96%	2.46%	1.72%
Free Cash Flow Margin	10.78%	10.01%	11.01%	16.59%	11.82%	7.53%
Effective Tax Rate	5.50%	6.92%	19.25%	14.44%	20.51%	37.79%
EBITDA	3,269	3,256	2,897	2,768	2,054	1,956
EBITDA Margin	21.69%	21.73%	20.10%	19.95%	18.08%	17.64%
Depreciation & Amortization	1,136	1,125	1,130	1,264	1,287	1,202
EBIT	2,133	2,131	1,767	1,504	767	754
EBIT Margin	14.15%	14.22%	12.26%	10.84%	6.75%	6.80%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).