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TTM

13.9%

YoY change

−0.27pp

Trough year (2020)

6.4%

Peak year (2024)

14.3%

Operating Margin history chart for IQVIA (IQV) from 2010 to 2025

Latest: 14.0%

Operating Margin change chart for IQVIA (IQV) from 2010 to 2025

Latest: −0.27pp

Operating Margin history table for IQVIA (IQV) from 2010 to 2025

  • 202514.0%-0.27pp
  • 202414.3%+1.10pp
  • 202313.2%+0.71pp
  • 202212.5%+2.44pp
  • 202110.0%+3.60pp
  • 20206.4%-0.57pp
  • 20197.0%-0.11pp
  • 20187.1%-0.29pp
  • 20177.4%-2.01pp
  • 20169.4%-1.85pp
  • 201511.3%+0.46pp
  • 201410.8%+1.75pp
  • 20139.1%+0.92pp
  • 20128.1%+0.17pp
  • 20118.0%-2.09pp
  • 201010.1%

Operating Margin values are taken from IQVIA's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at IQVIA (IQV)

According to IQVIA's latest reported financial statements, the company's latest reported operating margin is 13.9%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

IQVIA (IQV) most recent annual operating margin stands at 14.02% (2025) – contracted 0.3 percentage points year-over-year.

14.29% stands as the all-time-high annual operating margin, posted in 2024, against a low of 6.44% during 2020.

IQVIA Operating Margin by Year

IQVIA Operating Margin 2025: 14.0%

In 2025, IQVIA reported operating margin of 14.02%, contracted 0.3 percentage points from 2024.

IQVIA Operating Margin 2024: 14.3%

IQVIA operating margin in 2024 was 14.29%, expanded 1.1 percentage points from 2023. This figure represents the highest annual value in the available history.

IQVIA Operating Margin 2023: 13.2%

2023's operating margin for IQVIA came in at 13.19%, expanded 0.7 percentage points from 2022.

IQVIA Operating Margin 2022: 12.5%

IQVIA posted operating margin of 12.48% in 2022, expanded 2.4 percentage points from 2021.

IQVIA Operating Margin 2021: 10.0%

IQVIA operating margin in 2021 was 10.04%.

See more financial history for IQVIA (IQV).

Sector peers by Operating Margin

Healthcare peers of IQVIA (IQV), ranked by their latest operating margin

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