IQVIA Holdings (IQV) FY2022 results: revenue $14.4 billion, up 3.9% on the year
IQVIA Holdings Inc. (IQV) reported revenue of $14.4 billion for fiscal 2022, the year ended 31 December 2022, up 3.9% on the year before. Net income was $1.1 billion, up 12.9%, and diluted earnings per share $5.72. The figures are the company's own, from the 10-K it filed with the SEC on 15 February 2023.
Revenue
$14.4 billion
+3.9% on the year
FY2015FY2022
Operating margin
12.5%
10.0% a year earlier
FY2015FY2022
Net income
$1.1 billion
+12.9% on the year
FY2015FY2022
Diluted EPS
$5.72
+15.6% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
2,260
2,942
1,959
-23.2%
Capital expenditure
674
640
616
+5.3%
Free cash flow
1,586
2,302
1,343
-31.1%
Free cash flow margin
11.0%
16.6%
11.8%
Cash from investing
-2,006
-2,103
-796
Cash from financing
-329
-1,235
-217
Depreciation and amortisation
1,130
1,264
1,287
-10.6%
Share-based compensation
194
170
95.0
+14.1%
Buybacks
1,168
406
447
+187.7%
Diluted shares, weighted
191m
195m
195m
-2.3%
Shares outstanding at period end
186m
191m
191m
-2.6%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
5,765
6,042
6,001
-4.6%
Non-controlling interest
n/a
0.0
279
Debt
12,747
12,125
12,533
+5.1%
Operating lease liabilities
264
313
371
-15.7%
Finance lease liabilities
224
177
122
+26.6%
Other liabilities
6,337
6,032
5,258
+5.1%
Total liabilities and equity
25,337
24,689
24,564
+2.6%
Fixed assets
532
497
482
+7.0%
Goodwill
13,921
13,301
12,654
+4.7%
Intangible assets
4,820
4,943
5,205
-2.5%
Investments
93.0
111
88.0
-16.2%
Cash and equivalents
1,216
1,366
1,814
-11.0%
Receivables
2,917
2,551
2,410
+14.3%
Other assets
1,838
1,920
1,911
-4.3%
Total assets
25,337
24,689
24,564
+2.6%
10-K for the year ended 31 December 2022, filed 15 February 2023: the filing.