IQVIA Holdings Inc. (NYSE:IQV)

The financial data reveals several noteworthy trends across the analyzed periods.

Net income

Net income demonstrates an overall upward trajectory, increasing from 284 million US dollars in 2018 to 1,091 million US dollars in 2022. Despite a slight dip in 2019 to 227 million, the trend from 2019 onward is strongly positive, with significant growth observed particularly between 2020 and 2021.

Unrealized gains (losses) on derivative instruments, net of income tax

This item fluctuates substantially over the years. Initially positive in 2018 with 1 million, it moves into negative territory for 2019 and 2020, recording -15 million and -30 million respectively, before rebounding to a positive 40 million by 2022.

Defined benefit plan adjustments, net of income tax

These adjustments fluctuate with no clear trend, moving from -8 million in 2018 down to -54 million in 2020, then reversing to a positive 69 million in 2021 before declining again to -10 million in 2022.

Foreign currency translation, net of income tax

This item consistently shows negative values except for a brief positive spike in 2020 at 183 million. Otherwise, it declines from -258 million in 2018, decreases substantially to -361 million by 2022. This suggests ongoing foreign currency translation losses affecting the financial results.

Comprehensive income (loss) adjustments

Comprehensive income adjustments mirror the currency translation losses and other elements, being negative in 2018, 2019, 2021, and 2022, with only 2020 reflecting a positive adjustment of 99 million.

Reclassifications on derivative instruments included in net income, net of income tax

Reclassification adjustments remain relatively small and stable, oscillating around zero with minor positive values from 2020 through 2022 (10 to 12 million), after slight negative values in 2018 and 2019.

Amortization of actuarial losses and prior service costs included in net income

Data is only available for 2018 at 1 million and is absent thereafter.

Other comprehensive income (loss)

The other comprehensive income or loss figures largely reflect the negative adjustments observed in foreign currency translation and defined benefit plan changes. The overall pattern is negative except for 2020, where it registered a positive 109 million.

Comprehensive income

Comprehensive income trends upward substantially from 8 million in 2018 to a peak of 780 million in 2021, with a slight decline to 770 million in 2022. This indicates that despite components of other comprehensive income experiencing losses, the overall comprehensive income remains strong and improves notably over time.

Comprehensive income attributable to non-controlling interests

This figure remains negative or near zero over the periods. It shows a decrease from -22 million in 2018 to -5 million in 2021, with no data for 2022.

Comprehensive income (loss) attributable to IQVIA Holdings Inc.

This component follows the general comprehensive income pattern, shifting from a negative 14 million in 2018 to a positive and substantial 770 million in 2022, reflecting the company’s strengthening profitability and comprehensive earnings attributable to the parent entity.

In summary, net income and comprehensive income attributable to the company show strong and continuous improvement, particularly from 2019 onwards. Conversely, items related to foreign currency translation and certain pension adjustments demonstrate volatility and recurring negative impacts, yet these are outweighed by the positive net income growth. The overall results suggest strong operational performance with some exposure to foreign exchange and actuarial risks affecting comprehensive income components.