FRSH vs VEEV vs GTM Stock Comparison

Freshworks, Veeva Systems and ZoomInfo Technologies Prices as of Nov 4, 2026 Peers: Industry group
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FRSH Freshworks Inc.
$13.26 +0.3% 1M +21.4% 1Y
Market cap
$3.47B
P/E
16.7x
Revenue (TTM)
$934.18M
Div. yield
–
CRM and Sales Software Technology
3 wins
VEEV Veeva Systems Inc
$310.76 +9.7% 1M +5.9% 1Y
Market cap
$50.31B
P/E
49.7x
Revenue (TTM)
$3.46B
Div. yield
–
Healthcare IT Technology
5 wins

Head to Head

9 decided of 12

Veeva Systems leads on 5 of the 12 questions below (Veeva Systems 5, Freshworks 3, ZoomInfo Technologies 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFRSHVEEVGTMLeader
Larger companyMarket capitalisation $3.47B $50.31B $1.24B VEEV
Cheaper on earningsLower P/E, profitable companies only 16.7x 49.7x -2.2x FRSH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.2x 34.6x 3.6x GTM
Faster revenue growthRevenue growth, trailing twelve months +15.2% +16.5% +0.7% VEEV
More profitableNet margin, trailing twelve months 22.3% 29.3% -46.3% VEEV
Better return on capitalReturn on invested capital — — -23.3% –
Less leveragedLower net debt / EBITDA — — -3.6x –
Higher dividend yieldTrailing dividend yield — — — –
Better 1-year returnPrice return, last 12 months +21.4% +5.9% -63.6% FRSH
Better 5-year returnAnnualised price return, 5 years -19.1%/yr -0.5%/yr -43.5%/yr VEEV
Less volatileAnnualised volatility, 1 year 51.1% 43.0% 71.6% VEEV
Higher overall scoreMean of the five percentile scores vs peers 79/100 69/100 47/100 FRSH

Percentile Scorecard

FRSHVEEVGTM

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFRSHVEEVGTM
Valuation 78 #23 of 99 40 #54 of 89 81 #20 of 99
Growth 93 #8 of 98 79 #18 of 82 2 #96 of 98
Profitability 79 #21 of 96 86 #12 of 78 34 #64 of 96
Financial Health 76 #28 of 111 95 #6 of 95 21 #88 of 111
Shareholder Returns 70 #21 of 67 47 #29 of 54 96 #4 of 67
Overall 79 69 47
  • FRSH ranked among 113 companies in Business Applications
  • VEEV ranked among 98 companies in Vertical Software
  • GTM ranked among 113 companies in Business Applications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFRSHVEEVGTMSPY
1 month +0.3%+9.7%+13.6% -1.0%
3 months +15.1%+45.6%+16.4% -0.4%
6 months +49.2%+85.7%-34.5% +4.5%
Year to date +8.2%+39.2%-58.1% +12.4%
1 year +21.4%+5.9%-63.6% +13.6%
3 years -30.2%+59.7%-68.7% +76.4%
3 years, per year -11.3%+16.9%-32.2% +20.8%
5 years -65.4%-2.5%-94.2% +63.7%
5 years, per year -19.1%-0.5%-43.5% +10.4%
10 years —+727.8%— +267.7%
10 years, per year —+23.5%— +13.9%

Risk

MeasureFRSHVEEVGTMSPY
Volatility, 1Y 51.1%43.0%71.6% 12.8%
Downside volatility, 1Y 54.6%40.4%84.1% 12.7%
Beta vs S&P 500, 1Y 0.530.580.95 1.00
Return / volatility, 1Y 0.420.14-0.89 1.06
Max drawdown, 5Y -83.1%-52.8%-96.6% -25.4%
From 52-week high -14.4%-3.8%-63.6% -1.6%
52-week high $15.49$322.91$11.69 $779.14
52-week low $6.88$151.43$2.61 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFRSHVEEVGTM
P/E now vs peer median 16.7xmedian 25.3x 49.7xmedian 42.1x -2.2xmedian 25.3x
P/S now vs peer median 3.7xmedian 2.8x 14.5xmedian 2.6x 1.0xmedian 2.8x
EV/EBITDA now vs peer median 20.9xmedian 16.5x 39.4xmedian 16.8x -7.7xmedian 16.5x
P/FCF now vs peer median 14.1xmedian 16.1x 30.2xmedian 21.0x 3.9xmedian 16.1x
P/B now vs peer median 3.8xmedian 2.8x 6.8xmedian 1.8x 1.5xmedian 2.8x
PEG now vs peer median 0.33median 0.84 2.17median 1.52 0.02median 0.84

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFRSHVEEVGTM
Revenue $934.18M $3.46B $1.25B
Gross profit $795.23M $2.59B $1.04B
Operating income $65.96M $1.03B -$486.30M
Net income $208.17M $1.01B -$577.50M
Free cash flow $246.94M $1.67B $321.20M
R&D $179.59M $821.92M $194.60M
EPS (diluted) $0.78 $6.15 $-1.97
Cash & equivalents $466.65M $1.81B $139.50M
Total debt – – $1.23B
Shares (diluted) 266.40M 165.06M 292.91M
Enterprise value $550.30M $22.56B $598.69M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFRSHVEEVGTM
P/E 16.7x 49.7x -2.2x
P/FCF 14.1x 30.2x 3.9x
P/Operating cash flow 13.3x 30.2x 3.2x
P/S 3.7x 14.5x 1.0x
P/B 3.8x 6.8x 1.5x
P/Tangible book 4.2x 6.8x 1.9x
EV/EBITDA 20.9x 39.4x -7.7x
EV/EBIT 42.1x 41.6x -4.8x
EV/Revenue 3.0x 12.5x 1.9x
EV/FCF 11.2x 25.9x 7.3x
EV/Operating cash flow 10.6x 25.9x 5.9x
PEG (3Y EPS CAGR) 0.33 2.17 0.02

Growth

14 metrics
MetricFRSHVEEVGTM
Revenue growth (1Y) 15.2% 16.5% 0.7%
Revenue CAGR (3Y) 17.9% 15.7% 0.6%
Gross profit growth (1Y) 15.7% 15.5% 0.3%
Gross profit CAGR (3Y) 19.3% 18.0% 0.0%
Operating income growth (1Y) 231.1% 29.5% -340.3%
Operating income CAGR (3Y) 32.9% 37.8% -59.0%
Net income growth (1Y) 802.7% 25.3% -654.8%
Net income CAGR (3Y) 48.3% 23.4% -84.2%
EPS growth (1Y) 854.9% 27.3% -700.3%
EPS CAGR (3Y) 50.3% 22.9% -98.0%
Operating cash flow growth (1Y) 17.9% 23.4% -8.8%
Operating cash flow CAGR (3Y) 61.0% 19.5% -2.7%
Free cash flow growth (1Y) 16.0% 23.4% -7.6%
Free cash flow CAGR (3Y) 60.6% 19.5% -7.2%

Profitability

14 metrics
MetricFRSHVEEVGTM
Gross margin 85.1% 75.0% 83.4%
EBITDA margin 14.2% 31.6% -24.3%
Operating margin 7.1% 29.9% -39.0%
Pretax margin 8.9% 38.4% -41.9%
Net margin 22.3% 29.3% -46.3%
FCF margin 26.4% 48.2% 25.7%
Operating cash flow margin 27.9% 48.2% 31.5%
Return on equity 23.0% 13.8% -68.7%
Return on assets 13.9% 11.2% -10.2%
Return on invested capital – – -23.3%
Return on capital employed 6.8% 13.5% -9.6%
Asset turnover 0.6x 0.4x 0.2x
Cash conversion (OCF / net income) 1.3x 1.6x -0.7x
Stock comp / revenue 12.6% 14.3% 8.8%

Financial Health

11 metrics
MetricFRSHVEEVGTM
Debt / assets – – 21.7%
Debt / equity – – 1.4x
Net debt / EBITDA – – -3.6x
Debt / FCF – – 3.8x
Liabilities / assets 38.9% 18.0% 85.0%
Equity / assets 61.1% 82.0% 15.0%
Interest coverage – – -9.0x
Current ratio 1.8x 5.5x 0.7x
Quick ratio 1.6x 5.4x 0.5x
Cash ratio 1.3x 5.0x 0.2x
Altman Z-score 1.36 20.91 0.00

Shareholder Returns

7 metrics
MetricFRSHVEEVGTM
Dividend yield – – –
Net buyback yield 6.6% 0.8% 16.9%
Shareholder yield 6.6% 0.8% 16.9%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFRSHVEEVGTM
Forward P/E 19.2xFY2026 34.6xFY2026 3.6xFY2026
EPS, next fiscal year $0.69FY2026 $8.97FY2026 $1.17FY2026
EPS growth, next FY +4.5%FY2026 +10.7%FY2026 +7.3%FY2026
EPS growth, the year after +23.2% +16.8% -10.3%
Revenue, next fiscal year $1.01BFY2026 $3.60BFY2026 $1.24BFY2026
Revenue growth, next FY +20.3%FY2026 +12.5%FY2026 -1.2%FY2026
Revenue growth, the year after +15.4% +17.3% -8.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFRSHVEEVGTM
Held by institutions 87.8% 88.8% 89.4%
Institutions holding 341 1,059 329
Change in shares held, QoQ +0.7% +5.7% -7.7%
Institutions buying 217 588 191
Institutions selling 74 358 103
Buyers to sellers 2.93 1.64 1.85

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FRSHVEEVGTM
FRSH 1.00 0.66 0.52
VEEV 0.66 1.00 0.48
GTM 0.52 0.48 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, FRSH, VEEV and GTM?

Veeva Systems (VEEV) is the largest by market capitalisation: Freshworks (FRSH) $3.47B, Veeva Systems (VEEV) $50.31B, ZoomInfo Technologies (GTM) $1.24B.

Which stock is cheaper, FRSH, VEEV and GTM?

Freshworks (FRSH) trades on the lowest price-to-earnings ratio (Freshworks (FRSH) 16.7x, Veeva Systems (VEEV) 49.7x, ZoomInfo Technologies (GTM) -2.2x). On next year's consensus earnings, ZoomInfo Technologies (GTM) is cheapest (Freshworks (FRSH) 19.2x, Veeva Systems (VEEV) 34.6x, ZoomInfo Technologies (GTM) 3.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Veeva Systems (VEEV) grew revenue fastest over the trailing twelve months: Freshworks (FRSH) +15.2%, Veeva Systems (VEEV) +16.5%, ZoomInfo Technologies (GTM) +0.7%.

Which company is more profitable?

Veeva Systems (VEEV) has the highest net margin (Freshworks (FRSH) 22.3%, Veeva Systems (VEEV) 29.3%, ZoomInfo Technologies (GTM) -46.3%).

Which stock has performed better?

Over the past year Freshworks (FRSH) returned the most: Freshworks (FRSH) +21.4%, Veeva Systems (VEEV) +5.9%, ZoomInfo Technologies (GTM) -63.6%. Over five years, Veeva Systems (VEEV) compounded fastest (Freshworks (FRSH) -19.1%/yr, Veeva Systems (VEEV) -0.5%/yr, ZoomInfo Technologies (GTM) -43.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Veeva Systems (VEEV) has been the steadiest (Freshworks (FRSH) 51.1%, Veeva Systems (VEEV) 43.0%, ZoomInfo Technologies (GTM) 71.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FRSH, VEEV and GTM?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Veeva Systems (VEEV) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.