Veeva Systems Inc.
VEEVNYSE
$321.81
Last price · USD
- Market cap
- $53.74B
- P/E
- 59.2x
- EV / EBITDA
- 42.1x
- P/S
- 16.8x
- FCF yield
- 2.6%
- Div. yield
- 0.00%
Multiples use last price and FY2026 annual figures. Market cap estimated from diluted shares.
Veeva Systems Inc. key metrics & ratios
Annual · USD millions except per-share data · 35 lines
| Fiscal year | 2026 | 2025 | 2024 | 2023 | 2022 | CAGR | |
|---|---|---|---|---|---|---|---|
| Growth (year over year) | |||||||
| Revenue growth | 16.3% | 16.2% | 9.7% | 16.4% | — | — | |
| Operating income growth | 32.5% | 61.0% | -6.5% | -9.2% | — | — | |
| Net income growth | 27.3% | 35.8% | 7.8% | 14.1% | — | — | |
| EPS (diluted) growth | 25.9% | 34.2% | 7.3% | 14.1% | — | — | |
| Free cash flow growth | 29.6% | 20.8% | 15.4% | 2.2% | — | — | |
| Margins | |||||||
| Gross margin | 75.5% | 74.5% | 71.3% | 71.7% | 72.8% | — | |
| Operating margin | 28.7% | 25.2% | 18.2% | 21.3% | 27.3% | — | |
| EBITDA margin | 39.0% | 34.9% | 26.4% | 25.4% | 29.7% | — | |
| Net margin | 28.4% | 26.0% | 22.2% | 22.6% | 23.1% | — | |
| FCF margin | 43.4% | 38.9% | 37.4% | 35.6% | 40.5% | — | |
| Returns on capital | |||||||
| Return on equity | 12.6% | 12.2% | 11.3% | 13.1% | 14.7% | — | |
| Return on assets | 10.1% | 9.7% | 8.9% | 10.2% | 11.2% | — | |
| Return on invested capital | 11.8% | 11.2% | 9.6% | 15.2% | 23.1% | — | |
| Leverage & liquidity | |||||||
| Debt / equity | 0.01x | 0.01x | 0.01x | 0.02x | 0.02x | — | |
| Net debt / EBITDA | -1.06x | -1.09x | -1.04x | -1.51x | -1.97x | — | |
| Current ratio | 4.89x | 4.51x | 4.24x | 3.94x | 3.70x | — | |
| Profitability & operating | |||||||
| EBIT | 1,195 | 919 | 588 | 509 | 512 | +23.6% | |
| EBITDA | 1,245 | 959 | 625 | 547 | 549 | +22.7% | |
| Operating income | 916 | 691 | 429 | 459 | 505 | +16.0% | |
| Income before tax | 1,195 | 919 | 588 | 509 | 512 | +23.6% | |
| Net income | 909 | 714 | 526 | 488 | 427 | +20.8% | |
| Earnings per share | |||||||
| EPS (basic) | $5.55 | $4.41 | $3.27 | $3.14 | $2.79 | +18.8% | |
| EPS (diluted) | $5.44 | $4.32 | $3.22 | $3.00 | $2.63 | +19.9% | |
| Share count (millions) | |||||||
| Weighted avg shares outstanding | 164 | 162 | 161 | 155 | 153 | +1.7% | |
| Weighted avg shares outstanding (diluted) | 167 | 165 | 163 | 162 | 162 | +0.7% | |
| Balance sheet highlights | |||||||
| Net debt | (1,325) | (1,043) | (648) | (825) | (1,083) | — | |
| Total debt | 96 | 76 | 56 | 61 | 55 | +15.1% | |
| Total investments | 5,140 | 4,031 | 3,324 | 2,216 | 1,238 | +42.7% | |
| Total stockholders' equity | 7,215 | 5,832 | 4,645 | 3,716 | 2,912 | +25.5% | |
| Total assets | 8,979 | 7,340 | 5,911 | 4,804 | 3,816 | +23.8% | |
| Cash flow highlights | |||||||
| Free cash flow | 1,386 | 1,070 | 885 | 767 | 750 | +16.6% | |
| Operating cash flow | 1,415 | 1,090 | 911 | 780 | 764 | +16.6% | |
| Capital expenditure | (29) | (21) | (26) | (14) | (14) | — | |
| Net cash from operating activities | 1,415 | 1,090 | 911 | 780 | 764 | +16.6% | |
| Additional fields | |||||||
| Accrued Expenses | 46 | 28 | 29 | 31 | 28 | +12.7% | |