IQV vs IT
Iqvia Holdings Inc. and Gartner Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | IQV | IT |
|---|---|---|
| Revenue | $16.3B | $6.5B |
| Net income | $1.4B | $729.2M |
| Gross margin | 33.3% | 68.8% |
| Net margin | 8.3% | 11.2% |
| Return on equity | 21.6% | 86.9% |
| Diluted EPS | $7.84 | $9.65 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $2.1B | · |
| Equity | $6.5B | $319.9M |
| Net debt / equity | 2.11× | 3.94× |
| Current ratio | 0.75× | 1.00× |
| Revenue CAGR 5y | 7.5% | 9.6% |
| Profit CAGR 5y | 37.3% | 22.3% |
IQV bills 2.5× the revenue of IT, and IT keeps more of each dollar of revenue as profit (11.2% against 8.3%).
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 | IQV | IT |
|---|---|---|
| FY2025 | $16.3B | $6.5B |
| FY2024 | $15.4B | $6.3B |
| FY2023 | $15.0B | $5.9B |
| FY2022 | $14.4B | $5.5B |
| FY2021 | $13.9B | $4.7B |
| FY2020 | $11.4B | $4.1B |
| FY2019 | $11.1B | $4.2B |
| FY2018 | $10.4B | $4.0B |
| FY2017 | $9.7B | $3.3B |
| FY2016 | $6.8B | $2.4B |
Bottom line
| Fiscal year | IQV | IT |
|---|---|---|
| FY2025 | $1.4B | $729.2M |
| FY2024 | $1.4B | $1.3B |
| FY2023 | $1.4B | $882.5M |
| FY2022 | $1.1B | $807.8M |
| FY2021 | $966.0M | $793.6M |
| FY2020 | $279.0M | $266.7M |
| FY2019 | $191.0M | $233.3M |
| FY2018 | $259.0M | $122.5M |
| FY2017 | $1.3B | $3.3M |
| FY2016 | $72.0M | $193.6M |
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$9,812,774,000 | IQV |
| FY2024 | +$9,137,589,000 | IQV |
| FY2023 | +$9,077,044,000 | IQV |
| FY2022 | +$8,934,154,000 | IQV |
| FY2021 | +$9,140,038,000 | IQV |
| FY2020 | +$7,259,597,000 | IQV |
| FY2019 | +$6,842,679,000 | IQV |
| FY2018 | +$6,436,546,000 | IQV |
| FY2017 | +$6,390,506,000 | IQV |
| FY2016 | +$4,370,460,000 | IQV |
| FY2015 | +$3,573,944,000 | IQV |
| FY2014 | +$3,438,559,000 | IQV |
| FY2013 | +$3,315,332,000 | IQV |
| FY2012 | +$3,249,705,000 | IQV |
| FY2011 | +$2,859,160,000 | IQV |
IQV has reported the higher revenue in every one of these 15 fiscal years. The gap has widened 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 | −2.9 pp | IT |
| FY2024 | −11.1 pp | IT |
| FY2023 | −5.9 pp | IT |
| FY2022 | −7.2 pp | IT |
| FY2021 | −9.8 pp | IT |
| FY2020 | −3.8 pp | IT |
| FY2019 | −3.4 pp | IT |
| FY2018 | −0.4 pp | IT |
| FY2017 | +13.3 pp | IQV |
| FY2016 | −6.6 pp | IT |
| FY2015 | −1.4 pp | IT |
| FY2014 | −2.6 pp | IT |
| FY2013 | −5.8 pp | IT |
| FY2012 | −6.6 pp | IT |
| FY2011 | −3.8 pp | IT |
The higher net margin has changed hands between IQV and IT over this period.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
IT's net margin has been more volatile than IQV's over the 15 comparable fiscal years — 5.0 percentage points of standard deviation against 3.2.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between IQV and IT over these 15 fiscal years — IQV led in 1 and IT in 14.
15 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
IT's return on equity has been more volatile than IQV's over the 9 comparable fiscal years — 85.9 percentage points of standard deviation against 7.8.
9 of 14 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 IQV and IT over these 9 fiscal years — IQV led in 1 and IT in 8.
9 of 14 comparable fiscal years — a year missing data on either side is not counted.