Veeva is the leading provider of industry cloud solutions for the global life sciences industry. Our offerings span cloud software, data, and business consulting and are designed to meet the unique needs of our customers and their most strategic business functions—from research and development (R&D) through commercialization. Our solutions help life sciences companies develop and bring products to market faster and more efficiently, market and sell more effectively, and maintain compliance with government regulations. Customer success is one of our core values, and our focus on it has allowed us to deepen and expand our strategic relationships with customers over time. Because of our industry focus, we have a unique, in-depth perspective into the needs and best practices of life sciences companies and clinical research sites.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 3.1B | 2.7B | 2.4B | 2.2B | 1.9B | 1.5B |
| Net Income | 860M | 714M | 526M | 488M | 427M | 380M |
| EPS | $5.13 | $4.32 | $3.22 | $3.00 | $2.63 | $2.36 |
| Free Cash Flow | 0 | 1.1B | 911M | 780M | 762M | 548M |
| ROIC | 12.2% | 12.4% | 9.7% | 15.5% | 23.8% | 23.7% |
| Gross Margin | 75.7% | 74.5% | 71.3% | 71.7% | 72.8% | 72.1% |
| Debt/Equity | 0.00 | 0.26 | 0.27 | 0.29 | 0.31 | 0.34 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 859M | 691M | 429M | 459M | 505M | 378M |
| Operating Margin | 27.9% | 25.2% | 18.2% | 21.3% | 27.3% | 25.8% |
| ROE | 12.2% | 13.6% | 11.3% | 13.1% | 14.7% | 16.8% |
| Shares Outstanding | 164M | 165M | 163M | 163M | 163M | 161M |
VEEVA SYSTEMS INC passes 6 of 9 quality checks, suggesting mixed fundamentals.
VEEVA SYSTEMS INC trades at 36.7x trailing earnings, compared to its 15-year median P/E of 64.8x, suggesting it is currently Cheap relative to its historical range. On a free-cash-flow basis, the stock trades at 24.0x vs a median of 46.7x. The company's 5-year average ROIC is 17.0% with a gross margin of 72.5%. At current prices, the estimated annualized return to fair value is +19.5%.
VEEVA SYSTEMS INC (VEEV) has a current P/E ratio of 36.7, compared to its historical median P/E of 64.8. The stock is currently considered Cheap based on its historical valuation range.
VEEVA SYSTEMS INC (VEEV) has a 5-year average return on invested capital (ROIC) of 17.0%. This indicates strong capital allocation and a potential competitive advantage.
VEEVA SYSTEMS INC (VEEV) has a market capitalization of $26.0B. It is classified as a large-cap stock.
VEEVA SYSTEMS INC (VEEV) does not currently pay a regular dividend.
Based on historical P/E analysis, VEEVA SYSTEMS INC (VEEV) appears cheap. The current P/E of 36.7 is 43% below its historical median of 64.8. The estimated fair value CAGR (P/E method) is 16.5%.
VEEVA SYSTEMS INC (VEEV) operates in the Services-Prepackaged Software industry, within the Technology sector.
VEEVA SYSTEMS INC (VEEV) reported annual revenue of $2.7 billion in its most recent fiscal year, based on SEC EDGAR filings.
VEEVA SYSTEMS INC (VEEV) has a net profit margin of 26.0%. This is a strong margin indicating high profitability.
VEEVA SYSTEMS INC (VEEV) generated $1.1 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
VEEVA SYSTEMS INC (VEEV) has a debt-to-equity ratio of 0.26. This indicates a conservatively financed balance sheet.
VEEVA SYSTEMS INC (VEEV) reported earnings per share (EPS) of $4.32 in its most recent fiscal year.
VEEVA SYSTEMS INC (VEEV) has a return on equity (ROE) of 13.6%. This indicates moderate shareholder returns.
VEEVA SYSTEMS INC (VEEV) has a 5-year average gross margin of 72.5%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 13 years of financial data for VEEVA SYSTEMS INC (VEEV), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
VEEVA SYSTEMS INC (VEEV) has a book value per share of $35.28, based on its most recent annual SEC filing.