$IQV
IQVIA HOLDINGS INC. Stock $iqv

$iqv Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000147824223000101 Filed on November 01, 2023

Income Statement

Concept	2023 Q4	2023 Q3
Revenue	$3.868B	$3.736B
YoY Change	3.45%	4.88%
Cost Of Revenue	$2.478B	$2.426B
YoY Change	2.95%	4.52%
Gross Profit	$1.390B	$862.0M
YoY Change	4.35%	6.16%
Gross Profit Margin	35.94%	23.07%
Selling, General & Admin	$556.0M	$502.0M
YoY Change	-4.63%	-2.9%
% of Gross Profit	40.0%	58.24%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$316.0M	$297.0M
YoY Change	-11.48%	19.76%
% of Gross Profit	22.73%	34.45%
Operating Expenses	$872.0M	$502.0M
YoY Change	-7.23%	-2.9%
Operating Profit	$518.0M	$481.0M
YoY Change	32.14%	1.91%
Interest Expense	-$169.0M	$181.0M
YoY Change	38.52%	67.59%
% of Operating Profit	-32.63%	37.63%
Other Income/Expense, Net	$47.00M	$35.00M
YoY Change	161.11%	-537.5%
Pretax Income	$373.0M	$349.0M
YoY Change	35.64%	-3.06%
Income Tax	-$102.0M	$51.00M
% Of Pretax Income	-27.35%	14.61%
Net Earnings	$469.0M	$303.0M
YoY Change	106.61%	7.07%
Net Earnings / Revenue	12.13%	8.11%
Basic Earnings Per Share		$1.66
Diluted Earnings Per Share	$2.55	$1.63
COMMON SHARES
Basic Shares Outstanding	182.5M shares	183.1M shares
Diluted Shares Outstanding		185.5M shares

Balance Sheet

Concept	2023 Q4	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.496B	$1.332B
YoY Change	14.29%	-2.13%
Cash & Equivalents	$1.376B	$1.224B
Short-Term Investments	$120.0M	$108.0M
Other Short-Term Assets	$687.0M	$600.0M
YoY Change	-3.51%	-14.77%
Inventory
Prepaid Expenses	$141.0M	$177.0M
Receivables	$3.381B	$3.227B
Other Receivables	$32.00M	$49.00M
Total Short-Term Assets	$5.596B	$5.208B
YoY Change	12.35%	9.6%
LONG-TERM ASSETS
Property, Plant & Equipment	$523.0M	$498.0M
YoY Change	-1.69%	-1.78%
Goodwill	$14.57B	$14.29B
YoY Change	4.64%	8.43%
Intangibles	$4.839B	$4.907B
YoY Change	0.39%	4.01%
Long-Term Investments	$134.0M	$115.0M
YoY Change	42.55%	32.18%
Other Assets	$621.0M	$570.0M
YoY Change	5.25%	-2.56%
Total Long-Term Assets	$21.09B	$20.77B
YoY Change	3.58%	6.67%
TOTAL ASSETS
Total Short-Term Assets	$5.596B	$5.208B
Total Long-Term Assets	$21.09B	$20.77B
Total Assets	$26.68B	$25.98B
YoY Change	5.3%	7.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$3.564B	$3.133B
YoY Change	7.48%	5.45%
Accrued Expenses	$2.855B
YoY Change	6.89%
Deferred Revenue	$1.799B	$1.838B
YoY Change	0.11%	-0.22%
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$718.0M	$1.309B
YoY Change	372.37%	766.89%
Total Short-Term Liabilities	$6.491B	$6.589B
YoY Change	16.37%	25.43%
LONG-TERM LIABILITIES
Long-Term Debt	$12.96B	$12.32B
YoY Change	2.86%	0.65%
Other Long-Term Liabilities	$698.0M	$679.0M
YoY Change	4.02%	21.03%
Total Long-Term Liabilities	$13.65B	$13.00B
YoY Change	2.92%	1.54%
TOTAL LIABILITIES
Total Short-Term Liabilities	$6.491B	$6.589B
Total Long-Term Liabilities	$13.65B	$13.00B
Total Liabilities	$20.57B	$20.17B
YoY Change	5.09%	6.87%
SHAREHOLDERS EQUITY
Retained Earnings	$4.692B	$4.223B
YoY Change	40.73%	35.92%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$6.112B	$5.805B
YoY Change
Total Liabilities & Shareholders Equity	$26.68B	$25.98B
YoY Change	5.3%	7.24%

Cashflow Statement

Concept	2023 Q4	2023 Q3
OPERATING ACTIVITIES
Net Income	$469.0M	$303.0M
YoY Change	106.61%	7.07%
Depreciation, Depletion And Amortization	$316.0M	$297.0M
YoY Change	-11.48%	19.76%
Cash From Operating Activities	$747.0M	$583.0M
YoY Change	33.39%	-32.44%
INVESTING ACTIVITIES
Capital Expenditures	$179.0M	$146.0M
YoY Change	4.68%	-188.48%
Acquisitions
YoY Change
Other Investing Activities	-$33.00M	-$427.0M
YoY Change	-89.22%	-22.64%
Cash From Investing Activities	-$212.0M	-$573.0M
YoY Change	-55.56%	-20.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-420.0M	-144.0M
YoY Change	117.62%	-42.63%
NET CHANGE
Cash From Operating Activities	747.0M	583.0M
Cash From Investing Activities	-212.0M	-573.0M
Cash From Financing Activities	-420.0M	-144.0M
Net Change In Cash	115.0M	-134.0M
YoY Change	-204.55%	27.62%
FREE CASH FLOW
Cash From Operating Activities	$747.0M	$583.0M
Capital Expenditures	$179.0M	$146.0M
Free Cash Flow	$568.0M	$437.0M
YoY Change	46.02%	-57.49%

Facts In Submission

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CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	2679000000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	3329000000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	2069000000	usd
CY2023Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	3715000000	usd
CY2023Q3	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	13689000000	usd
CY2023Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	1000000	shares
CY2023Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2023Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2022Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q3	us-gaap	Aoci Tax Attributable To Parent AociTaxAttributableToParent	-53000000	usd
CY2023Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.146
CY2022Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.194
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.187
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.195
CY2023Q3	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	2000000	usd
CY2022Q3	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	1000000	usd
	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	12000000	usd
	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount	15000000	usd
	us-gaap	Other Comprehensive Income Loss Tax Portion Attributable To Parent1 OtherComprehensiveIncomeLossTaxPortionAttributableToParent1	23000000	usd
	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-135000000	usd
	us-gaap	Reclassification From Aoci Current Period Tax ReclassificationFromAociCurrentPeriodTax	14000000	usd
	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	41000000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax	12000000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax	-1000000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax	55000000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax	-18000000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax	3000000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax	0	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax	14000000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax	-4000000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	9000000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-1000000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	41000000	usd
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-14000000	usd
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	3736000000	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	3562000000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	11116000000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	10671000000	usd
CY2023Q3	us-gaap	Cost Of Goods And Service Excluding Depreciation Depletion And Amortization CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization	2426000000	usd
CY2022Q3	us-gaap	Cost Of Goods And Service Excluding Depreciation Depletion And Amortization CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization	2321000000	usd
	us-gaap	Cost Of Goods And Service Excluding Depreciation Depletion And Amortization CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization	7267000000	usd
	us-gaap	Cost Of Goods And Service Excluding Depreciation Depletion And Amortization CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization	6975000000	usd
CY2023Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	502000000	usd
CY2022Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	517000000	usd
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1497000000	usd
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1488000000	usd
CY2023Q3	us-gaap	Gross Profit GrossProfit	862000000	usd
CY2022Q3	us-gaap	Gross Profit GrossProfit	812000000	usd
	us-gaap	Gross Profit GrossProfit	2514000000	usd
	us-gaap	Gross Profit GrossProfit	2406000000	usd
CY2023Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	297000000	usd
CY2022Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	248000000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	809000000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	773000000	usd
CY2023Q3	us-gaap	Restructuring Charges RestructuringCharges	30000000	usd
CY2022Q3	us-gaap	Restructuring Charges RestructuringCharges	4000000	usd
	us-gaap	Restructuring Charges RestructuringCharges	67000000	usd
	us-gaap	Restructuring Charges RestructuringCharges	15000000	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	481000000	usd
CY2022Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	472000000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	1476000000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	1420000000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	303000000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	283000000	usd
	us-gaap	Net Income Loss NetIncomeLoss	889000000	usd
	us-gaap	Net Income Loss NetIncomeLoss	864000000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	182900000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	186500000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	184400000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	188300000	shares
CY2023Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	2600000	shares
CY2022Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	2900000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	2500000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	3000000.0	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	185500000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	189400000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	186900000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	191300000	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.66
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.52
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.82
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	4.59
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.63
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.49
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.76
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	4.52
CY2023Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	900000	shares
CY2022Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	400000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1000000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	500000	shares
CY2023Q3	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001478242-23-000101-index-headers.html	Edgar Link	pending
0001478242-23-000101-index.html	Edgar Link	pending
0001478242-23-000101.txt	Edgar Link	pending
0001478242-23-000101-xbrl.zip	Edgar Link	pending
exhibit311-093023.htm	Edgar Link	pending
exhibit312-093023.htm	Edgar Link	pending
exhibit321-093023.htm	Edgar Link	pending
exhibit322-093023.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
iqv-20230930.htm	Edgar Link	pending
iqv-20230930.xsd	Edgar Link	pending
iqv-20230930_g1.jpg	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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iqv-20230930_cal.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
iqv-20230930_def.xml	Edgar Link	unprocessable
iqv-20230930_pre.xml	Edgar Link	unprocessable
iqv-20230930_lab.xml	Edgar Link	unprocessable
iqv-20230930_htm.xml	Edgar Link	completed
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$IQV
IQVIA HOLDINGS INC. Stock $iqv

2023 Q4 Form 10-Q Financial Statement

#000147824223000101 Filed on November 01, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IQV IQVIA HOLDINGS INC. Stock $iqv

2023 Q4 Form 10-Q Financial Statement

#000147824223000101 Filed on November 01, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IQV
IQVIA HOLDINGS INC. Stock $iqv