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IQV vs ULS stock comparison

IQVIA HOLDINGS INC. vs UL Solutions Inc., two Biotechnology stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.

Where IQV and ULS diverge most: on debt / equity, IQV reads 2.49 and ULS reads 0.27; on altman z (solvency), IQV reads 1.80 and ULS reads 7.52. The rest of the comparable metrics sit closer together. What IQV's price implies is a bet that sits within the historical range (whole-company basis). What ULS's price implies is a somewhat stretched bet versus history (segment-resolved basis). The bull and bear cases for each are in their full reports below.

IQV vs ULS: the numbers

MetricIQVULS
Price$207.76$87.26
Market cap$35.3B$17.8B
SectorBiotechnologyBiotechnology
StageMatureMature
Implied growth (priced in)+16.3%
P/E25.850.7
P/B5.5613.32
P/S2.125.73
EV/EBITDA14.629.9
Revenue growth+7.3%+6.9%
Operating margin12.4%18.2%
Net margin8.3%11.3%
Return on equity21.8%26.2%
Return on assets4.7%11.8%
Return on invested capital7.8%24.5%
FCF yield6.0%2.5%
Dividend yield0.6%
Debt / equity2.490.27
Current ratio0.751.16
Altman Z (solvency)1.807.52
Piotroski F (quality)6 / 96 / 9
Full IQV report → Full ULS report →
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The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.