ACM vs IQV
Aecom and Iqvia Holdings Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | ACM | IQV |
|---|---|---|
| Revenue | $16.1B | $16.3B |
| Net income | $561.8M | $1.4B |
| Gross margin | 7.5% | 33.3% |
| Net margin | 3.9% | 8.3% |
| Return on equity | 24.0% | 21.6% |
| Diluted EPS | $4.21 | $7.84 |
| Dividend / share | · | · |
| Payout ratio | 23.8% | · |
| Free cash flow | $684.9M | $2.1B |
| Equity | $2.5B | $6.5B |
| Net debt / equity | 0.45× | 2.11× |
| Current ratio | 1.14× | 0.75× |
| Revenue CAGR 5y | 4.0% | 7.5% |
| Profit CAGR 5y | · | 37.3% |
ACM and IQV book revenue within 15% of each other, and IQV keeps more of each dollar of revenue as profit (8.3% against 3.9%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | ACM | IQV |
|---|---|---|
| FY2025 | $16.1B | $16.3B |
| FY2024 | $16.1B | $15.4B |
| FY2023 | $14.4B | $15.0B |
| FY2022 | $13.1B | $14.4B |
| FY2021 | $13.3B | $13.9B |
| FY2020 | $13.2B | $11.4B |
| FY2019 | $13.6B | $11.1B |
| FY2018 | $13.9B | $10.4B |
| FY2017 | $18.2B | $9.7B |
| FY2016 | $17.4B | $6.8B |
Bottom line
| Fiscal year | ACM | IQV |
|---|---|---|
| FY2025 | $561.8M | $1.4B |
| FY2024 | $402.3M | $1.4B |
| FY2023 | $55.3M | $1.4B |
| FY2022 | $310.6M | $1.1B |
| FY2021 | $173.2M | $966.0M |
| FY2020 | $-186.4M | $279.0M |
| FY2019 | $-261.1M | $191.0M |
| FY2018 | $136.5M | $259.0M |
| FY2017 | $339.4M | $1.3B |
| FY2016 | $96.1M | $72.0M |
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$170,378,000 | IQV |
| FY2024 | +$700,498,000 | ACM |
| FY2023 | −$605,539,000 | IQV |
| FY2022 | −$1,261,818,000 | IQV |
| FY2021 | −$533,148,000 | IQV |
| FY2020 | +$1,880,976,000 | ACM |
| FY2019 | +$2,554,455,000 | ACM |
| FY2018 | +$3,466,316,000 | ACM |
| FY2017 | +$8,501,402,000 | ACM |
| FY2016 | +$10,595,825,000 | ACM |
| FY2015 | +$12,252,880,000 | ACM |
| FY2014 | +$2,896,783,000 | ACM |
| FY2013 | +$3,053,950,000 | ACM |
| FY2012 | +$3,352,667,000 | ACM |
| FY2011 | +$3,709,626,000 | ACM |
The higher-revenue side has changed between ACM and IQV over this period. The gap has narrowed since the earliest year compared.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −4.4 pp | IQV |
| FY2024 | −6.1 pp | IQV |
| FY2023 | −8.4 pp | IQV |
| FY2022 | −5.0 pp | IQV |
| FY2021 | −5.5 pp | IQV |
| FY2020 | −3.9 pp | IQV |
| FY2019 | −3.4 pp | IQV |
| FY2018 | −1.3 pp | IQV |
| FY2017 | −11.0 pp | IQV |
| FY2016 | −0.3 pp | IQV |
| FY2015 | −7.2 pp | IQV |
| FY2014 | −3.8 pp | IQV |
| FY2013 | −1.4 pp | IQV |
| FY2012 | −4.3 pp | IQV |
| FY2011 | −2.0 pp | IQV |
IQV has kept the higher net margin in every one of these 15 fiscal years.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
IQV's net margin has been more volatile than ACM's over the 15 comparable fiscal years — 3.2 percentage points of standard deviation against 1.7.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
IQV led in net margin in every one of the 15 comparable fiscal years — a structural lead, not a recent swing.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ACM's return on equity has been more volatile than IQV's over the 9 comparable fiscal years — 9.6 percentage points of standard deviation against 7.8.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between ACM and IQV over these 9 fiscal years — ACM led in 1 and IQV in 8.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.