← IQVIA HOLDINGS INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $1.1b $1.4b $1.4b $1.4b
Net Income (Loss) Attributable to Parent $115.0m $1.3b $259.0m $191.0m $279.0m $966.0m $1.1b $1.4b $1.4b $1.4b
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $130.0m $1.3b $284.0m $227.0m $308.0m $971.0m $1.1b $1.4b $1.4b $1.4b
Net Income (Loss) Attributable to Noncontrolling Interest $15.0m $19.0m $25.0m $36.0m $29.0m $5.0m $0 $0 — $1.0m
Depreciation, Depletion and Amortization $289.0m $1.0b $1.1b $1.2b $1.3b $1.3b $1.1b $1.1b $1.1b $1.1b
Amortization of Debt Issuance Costs and Discounts $30.0m $9.0m $11.0m $13.0m $18.0m $17.0m $15.0m $18.0m $21.0m $23.0m
Amortization of Intangible Assets $210.0m $886.0m $1.0b $1.1b $1.2b $1.1b $970.0m $974.0m $965.0m $984.0m
Capitalized Computer Software, Amortization $44.0m $134.0m $179.0m $196.0m $267.0m $211.0m $419.0m $475.0m $472.0m $504.0m
Depreciation $289.0m $125.0m $125.0m $128.0m $134.0m $147.0m $160.0m $151.0m $149.0m $160.0m
Amortization Cash Flow — — — — — — $970.0m $974.0m $965.0m $984.0m
Amortization Of Intangibles — — — — — — $970.0m $974.0m $965.0m $984.0m
Depreciation Amortization Depletion — — — — — — $1.1b $1.1b $1.1b $1.1b
Deferred Income Tax Expense (Benefit) $135.0m ($1.2b) ($177.0m) ($157.0m) ($176.0m) ($138.0m) ($115.0m) ($269.0m) ($129.0m) ($180.0m)
Deferred Income Tax — — — — — — ($115.0m) ($269.0m) ($129.0m) ($180.0m)
Deferred Tax — — — — — — ($115.0m) ($269.0m) ($129.0m) ($180.0m)
Share-based Payment Arrangement, Noncash Expense $80.0m $106.0m $113.0m $146.0m $95.0m $170.0m $194.0m $217.0m $206.0m $247.0m
Goodwill, Impairment Loss $23.0m $40.0m — $0 $0 $0 $0 $0 $0 $0
Gain (Loss) on Disposition of Property Plant Equipment $1.0m $1.0m ($459.0m) ($1.0m) $0 $0 $10.0m $0 $0 $75.0m
Gain (Loss) on Extinguishment of Debt ($31.0m) ($19.0m) ($2.0m) ($24.0m) ($13.0m) ($26.0m) $0 ($6.0m) $0 ($6.0m)
Income (Loss) from Equity Method Investments ($4.0m) $10.0m $15.0m ($9.0m) $7.0m $6.0m ($12.0m) $0 $5.0m $22.0m
Income Tax Expense (Benefit) $345.0m ($987.0m) $59.0m $116.0m $72.0m $163.0m $260.0m $101.0m $301.0m $252.0m
Other Nonoperating Income (Expense) $8.0m ($30.0m) ($5.0m) $37.0m $65.0m $130.0m ($33.0m) $124.0m $90.0m $99.0m
Earnings (Loss)es From Equity Investments — — — — — — $12.0m $0 ($5.0m) ($22.0m)
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions ($8.0m) $10.0m $15.0m ($9.0m) $7.0m $6.0m ($12.0m) $0 $5.0m $22.0m
Additional Financial Items
Goodwill $10.7b $11.8b $11.8b $12.2b $12.7b $13.3b $13.9b $14.6b $14.7b $16.6b
Investment Income, Interest $4.0m $7.0m $8.0m $9.0m $6.0m $6.0m $13.0m $36.0m $47.0m $45.0m
Proceeds from Stock Options Exercised — — — $11.0m — — — — — —
Beginning Cash Position — — — — — — $1.4b $1.2b $1.4b $1.7b
Cash Flow From Continuing Financing Activities — — — — — — ($329.0m) ($382.0m) ($878.0m) ($150.0m)
Cash Flow From Continuing Investing Activities — — — — — — ($2.0b) ($1.6b) ($1.4b) ($2.3b)
Change In Account Payable — — — — — — $427.0m $267.0m $115.0m ($96.0m)
Change In Income Tax Payable — — — — — — ($128.0m) ($164.0m) ($155.0m) ($299.0m)
Change In Other Working Capital — — — — — — $31.0m ($29.0m) $9.0m $242.0m
Change In Payable — — — — — — $299.0m $103.0m ($40.0m) ($395.0m)
Change In Payables And Accrued Expense — — — — — — $299.0m $103.0m ($40.0m) ($395.0m)
Change In Prepaid Assets — — — — — — $7.0m $34.0m $7.0m $218.0m
Change In Receivables — — — — — — ($421.0m) ($388.0m) $182.0m $60.0m
Change In Tax Payable — — — — — — ($128.0m) ($164.0m) ($155.0m) ($299.0m)
Change In Working Capital — — — — — — ($84.0m) ($280.0m) $158.0m $125.0m
Changes In Cash — — — — — — ($75.0m) $164.0m $394.0m $199.0m
End Cash Position — — — — — — $1.2b $1.4b $1.7b $2.0b
Financing Cash Flow — — — — — — ($329.0m) ($382.0m) ($878.0m) ($150.0m)
Free Cash Flow — — — — — — $1.6b $1.5b $2.1b $2.1b
Gain Loss On Investment Securities — — — — — — $27.0m ($20.0m) ($22.0m) ($44.0m)
Gain Loss On Sale Of PPE — — — — — $0 ($10.0m) $0 $0 —
Investing Cash Flow — — — — — — ($2.0b) ($1.6b) ($1.4b) ($2.3b)
Net Business Purchase And Sale — — — — — — ($1.3b) ($915.0m) ($867.0m) ($1.8b)
Net PPE Purchase And Sale — — — — — — ($674.0m) ($649.0m) ($577.0m) ($528.0m)
Operating Gains Losses — — — — — — $29.0m ($20.0m) ($27.0m) ($66.0m)
Other Non Cash Items — — — — — — $15.0m $18.0m $21.0m $23.0m
Proceeds From Stock Option Exercised — — — — — — ($71.0m) ($61.0m) ($64.0m) ($67.0m)
Purchase Of Business — — — — — — ($1.3b) ($915.0m) ($867.0m) ($1.8b)
Purchase Of PPE $164.0m $369.0m $459.0m $582.0m $616.0m $640.0m ($674.0m) ($649.0m) ($602.0m) ($603.0m)
Repurchase Of Capital Stock — — — — — — ($1.2b) ($992.0m) ($1.4b) ($1.2b)
Sale Of PPE — — — — — — $0 $0 $25.0m $75.0m
Stock Based Compensation — — — — — — $194.0m $217.0m $206.0m $247.0m
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax ($21.0m) $1.0m $12.0m — — — — — — —
Net Cash Provided by (Used in) Operating Activities $860.0m $970.0m $1.3b $1.4b $2.0b $2.9b $2.3b $2.1b $2.7b $2.7b
Cash flows from investing activities:
Capital Expenditure — — — — — — ($674.0m) ($649.0m) ($602.0m) ($603.0m)
Payments to Acquire Businesses, Net of Cash Acquired ($1.9b) $854.0m $309.0m $588.0m $177.0m $1.5b $1.3b $876.0m $735.0m $1.7b
Payments to Acquire Investments $40.0m — — — — — — — — —
Net Investment Purchase And Sale — — — — — — ($5.0m) ($44.0m) ($2.0m) ($18.0m)
Purchase Of Investment — — — — — — ($5.0m) ($44.0m) ($2.0m) ($20.0m)
Gain (Loss) on Sale of Investments $13.0m $8.0m ($3.0m) $43.0m $25.0m $16.0m ($27.0m) $20.0m $22.0m $44.0m
Sale Of Investment — — — — — $5.0m $0 — — $2.0m
Payments for (Proceeds from) Other Investing Activities ($3.0m) ($4.0m) ($2.0m) ($5.0m) $2.0m ($5.0m) ($8.0m) ($5.0m) ($2.0m) $1.0m
Net Other Investing Changes — — — — — — $8.0m $5.0m $2.0m ($1.0m)
Net Cash Provided by (Used in) Investing Activities $1.7b ($1.2b) ($810.0m) ($1.2b) ($796.0m) ($2.1b) ($2.0b) ($1.6b) ($1.4b) ($2.3b)
Cash flows from financing activities:
Issuance Of Debt — — — — — — $3.6b $6.4b $1.7b $9.8b
Long Term Debt Issuance — — — — — — $3.6b $6.4b $1.7b $9.8b
Net Issuance Payments Of Debt — — — — — — $941.0m $802.0m $553.0m $1.2b
Net Long Term Debt Issuance — — — — — — $941.0m $802.0m $553.0m $1.2b
Net Short Term Debt Issuance — — — — — $210.0m $325.0m ($325.0m) — —
Short Term Debt Issuance — — — — — $810.0m $2.4b $2.4b — —
Long Term Debt Payments — — — — — — ($2.7b) ($5.6b) ($1.1b) ($8.6b)
Repayment Of Debt — — — — — — ($2.7b) ($5.6b) ($1.1b) ($8.6b)
Short Term Debt Payments — — — — — ($600.0m) ($2.0b) ($2.7b) — —
Net Common Stock Issuance — — — — — — ($1.2b) ($992.0m) ($1.4b) ($1.2b)
Payments for Repurchase of Common Stock $1.1b $2.6b $1.4b $949.0m $447.0m $406.0m $1.2b $992.0m $1.4b $1.2b
Common Stock Payments — — — — — — ($1.2b) ($992.0m) ($1.4b) ($1.2b)
Proceeds from (Payments for) Other Financing Activities — — — — — — — — — ($11.0m)
Net Other Financing Charges — — — — — — ($31.0m) ($131.0m) ($17.0m) ($86.0m)
Net Cash Provided by (Used in) Financing Activities ($2.3b) ($72.0m) ($452.0m) ($276.0m) ($217.0m) ($1.2b) ($329.0m) ($382.0m) ($878.0m) ($150.0m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($86.0m) $53.0m ($60.0m) ($5.0m) $31.0m ($52.0m) ($75.0m) ($4.0m) ($68.0m) $79.0m
Effect Of Exchange Rate Changes — — — — — — ($75.0m) ($4.0m) ($68.0m) $79.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($86.0m) $53.0m ($60.0m) ($54.0m) $977.0m ($448.0m) ($150.0m) $160.0m $326.0m $278.0m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($150.0m) $160.0m $326.0m $278.0m
Interest Paid, Excluding Capitalized Interest, Operating Activities $124.0m $320.0m $398.0m $421.0m $399.0m $343.0m $379.0m $556.0m $589.0m $647.0m
Income Taxes Paid, Net $106.0m $195.0m $211.0m $215.0m $209.0m $222.0m $255.0m $340.0m $295.0m —

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.