IQVIA Holdings Inc (IQV) — Free Cash Flow Generation Index

Latest as of December 2025: 1.23x

IQVIA Holdings Inc (IQV) has a Free Cash Flow Generation Index of 1.23x as of December 2025. Free cash flow of $3.26 Billion represents 1% of operating cash flow ($2.65 Billion). See IQVIA Holdings Inc (IQV) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

1.23x
Free Cash Flow / Operating CF

Free Cash Flow

$3.26 Billion
USD

Operating Cash Flow

$2.65 Billion
USD

Capital Expenditures

$603.00 Million
USD

IQVIA Holdings Inc Free Cash Flow Generation Index (2010–2025)

Historical FCF Generation Index trend for IQVIA Holdings Inc across 16 annual periods. Explore IQVIA Holdings Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for IQVIA Holdings Inc (2010–2025)

Year-by-year Free Cash Flow Generation Index for IQVIA Holdings Inc. For the full company profile including market capitalisation, see IQVIA Holdings Inc (IQV) total market value.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.77x $2.05 Billion $2.65 Billion $603.00 Million ▼ -0.7%
2024 0.78x $2.11 Billion $2.72 Billion $602.00 Million ▲ +11.5%
2023 0.70x $1.50 Billion $2.15 Billion $649.00 Million ▼ -0.5%
2022 0.70x $1.59 Billion $2.26 Billion $674.00 Million ▼ -10.3%
2021 0.78x $2.30 Billion $2.94 Billion $640.00 Million ▲ +14.1%
2020 0.69x $1.34 Billion $1.96 Billion $616.00 Million ▲ +16.3%
2019 0.59x $835.00 Million $1.42 Billion $582.00 Million ▼ -7.1%
2018 0.63x $795.00 Million $1.25 Billion $459.00 Million ▲ +2.3%
2017 0.62x $601.00 Million $970.00 Million $369.00 Million ▼ -23.4%
2016 0.81x $696.00 Million $860.00 Million $164.00 Million ▼ -3.1%
2015 0.84x $397.30 Million $475.69 Million $78.39 Million ▲ +3.3%
2014 0.81x $349.10 Million $431.75 Million $82.65 Million ▲ +5.3%
2013 0.77x $305.02 Million $397.37 Million $92.35 Million ▼ -2.5%
2012 0.79x $264.37 Million $335.70 Million $71.34 Million ▲ +48.6%
2011 0.53x $85.27 Million $160.95 Million $75.68 Million ▼ -32.8%
2010 0.79x $297.92 Million $378.16 Million $80.24 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).