IQVIA HoldingsMEX:IQV 76 Pretax Margin % is 7.90% as of Mar. 2026, which is 11% above its 10-year median of 7.12. GuruFocus rates MEX:IQV with a GF Score™ of 76/100 and a GF Value™ of MXN3,865.48 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 202 Medical Diagnostics & Research companies, IQVIA Holdings ranks better than 73.76% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. IQVIA Holdings's Pre-Tax Income for the
three
months ended in Mar. 2026 was MXN5,915 Mil. IQVIA Holdings's Revenue for the
three
months ended in Mar. 2026 was MXN74,854 Mil. Therefore, IQVIA Holdings's pretax margin for the quarter that ended in Mar. 2026 was 7.90%.
The historical rank and industry rank for IQVIA Holdings's Pretax Margin % or its related term are showing as below:
MEX:IQV'
s Pretax Margin % Range Over the Past 10 Years
Min: 3.03 Med: 7.12 Max: 10.83
Current: 9.6
MEX:IQV's Pretax Margin % is ranked better than 73.76% of 202
companies
in the Medical Diagnostics & Research industry
Industry Median: -3.565
vs MEX:IQV: 9.60
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
IQVIA Holdings Pretax Margin % Related Terms
IQVIA Holdings Pretax Margin % Historical Data
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The historical data trend for IQVIA Holdings's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:IQV vs WAT, ILMN, NTRA: Pretax Margin % Comparison
For the Diagnostics & Research subindustry, IQVIA Holdings's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
IQVIA Holdings Pretax Margin % vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, IQVIA Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where IQVIA Holdings's Pretax Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
IQVIA Holdings (MEX:IQV) has a Pretax Margin % of 7.90% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on IQVIA Holdings and its competitors. This is 11% above median its historical median of 7.12. Over the past decade, IQVIA Holdings' Pretax Margin % has ranged from 3.03 to 10.83. According to the industry distribution chart, IQVIA Holdings ranks #53 out of 202 companies in the Medical Diagnostics & Research industry, placing it in the top 26.2%.
Is IQVIA Holdings' Pretax Margin % too high?
IQVIA Holdings' current Pretax Margin % of 7.90% is 11% above median its 10-year median of 7.12. Over the past 10 years, this metric has ranged from a low of 3.03 to a high of 10.83. Based on the distribution chart, IQVIA Holdings ranks #53 out of 202 companies in the Medical Diagnostics & Research industry, which is above the industry midpoint. Overall, IQVIA Holdings has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IQVIA Holdings' Pretax Margin % compare to WAT and ILMN?
According to the Medical Diagnostics & Research industry distribution chart, IQVIA Holdings ranks #53 out of 202 companies for Pretax Margin %. This puts IQVIA Holdings in the upper half of its industry. Historically, IQVIA Holdings' own Pretax Margin % has ranged from 3.03 to 10.83 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Medical Diagnostics & Research company?
A good Pretax Margin % depends on the Medical Diagnostics & Research industry context. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on IQVIA Holdings and its competitors. IQVIA Holdings's current Pretax Margin % is 7.90%, which is 11% above median its own 10-year median of 7.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IQVIA Holdings stock overvalued right now?
Based on GuruFocus' analysis, IQVIA Holdings (MEX:IQV) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,865.48, compared to a current price of MXN3,000.00 — trading 22.4% below its estimated fair value. The current Pretax Margin % is 7.90%, which is 11% above median its 10-year median of 7.12. IQVIA Holdings' overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For IQVIA Holdings (MEX:IQV), the current Pretax Margin % is 7.90% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is IQVIA Holdings (MEX:IQV) Overvalued in 2026?
Based on GuruFocus' analysis, IQVIA Holdings stock appears to be undervalued.
The current stock price of MXN3,000.00 is trading 22.4% below its estimated GF Value™ of MXN3,865.48.
GuruFocus considers IQVIA Holdings to be Modestly Undervalued.
Key valuation signals for MEX:IQV:
Pretax Margin %: 7.90% (11% above median its 10-year median of 7.12)
GF Value™: MXN3,865.48 vs. price of MXN3,000.00 (22.4% below fair value)
No single metric tells the full story. See the MEX:IQV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iqvia is a global leader in clinical research and technology solutions for the life science industry. Formed in 2016 from the merger of Quintiles and IMS Health, it combined clinical trial services with extensive healthcare data and analytics. Its research and development solutions segment provides outsourced clinical development services spanning drug discovery, trial design, patient recruitment, site management, clinical testing, real-world studies, and the regulatory approval process. Its commercial solutions segment helps companies optimize product commercialization through analytics, technology, and outsourced sales and medical services. Together, Iqvia supports customers across the life science industry, and it serves biopharmaceutical firms, providers, payers, and policymakers.
76GF Score
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