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). Read IQVIA Holdings Inc total liabilities for a breakdown of total debt and financial obligations.

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 IQV capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

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 market cap and net worth.

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).