Is it safe?
Can IQV take a bad year?
IQVIA carries $13.7B of net debt at 4.08× EBITDA: a heavy load to carry through a bad year.
$13.7B
Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 4.08×
Net debt / EBITDA · 3.77× a year ago · the load is going up
- Altman Z-score
- 1.85
Altman Z-score · grey zone, between 1.8 and 3
- Interest cover
- 2.91×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ1 2026
- $15.8B
- Cash and short-term investments
- $2.10B
- Net debt
- $13.7B
- EBITDA, trailing twelve months
- $3.37B
- Operating profit, trailing twelve months
- $2.20B
- Debt / equity
- 2.54×
- Total debt / EBITDA
- 4.70×
- Annualised volatilitytwo years of daily moves
- 41%
- Worst drawdown on file
- −52%
- Below its 52-week high
- 0.00%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Diagnostics & Research
Ranks #11 of 29 by Smart Score