Veeva Systems (VEEV) Asset Utilization Ratio (2014 - 2026)
Veeva Systems (VEEV) posted Asset Utilization Ratio of 0.38 for Q3 2026, up 3.72% on a QoQ basis from 0.37 in Q2 2026, and up 0.97% year-over-year from 0.38 in Q3 2025.
Analysis
Veeva Systems (VEEV) Asset Utilization Ratio (2014 - 2026) Analysis & Trends
Veeva Systems has reported Asset Utilization Ratio for 13 years, with the latest figure at 0.38 in Q3 2026.
- On a quarterly basis, Asset Utilization Ratio rose 0.97% year-over-year to 0.38 in Q3 2026; TTM through Jul 2026 was 0.38, a 0.97% increase from a year earlier, with the FY2026 full-year figure at 0.39, down 5.54% from the prior year.
- Asset Utilization Ratio was 0.38 for Q3 2026 at Veeva Systems, up from 0.37 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.52 in Q1 2022, with the low at 0.37 in Q2 2026.
- Average Asset Utilization Ratio over 5 years is 0.43, with a median of 0.42 recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Asset Utilization Ratio dropped 12.23% in 2023, then increased 0.97% in 2026.
- Over 5 years, Asset Utilization Ratio stood at 0.5 in 2022, then fell by 12.23% to 0.44 in 2023, then declined by 5.41% to 0.42 in 2024, then slipped by 7.91% to 0.38 in 2025, then decreased by 0.65% to 0.38 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.38 (Q3 2026), 0.37 (Q2 2026), and 0.37 (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 0.38 |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 0.21 |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 0.59 |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 0.32 |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 0.44 |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | 0.41 |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 0.28 |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 0.36 |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 0.61 |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn | 0.77 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.38 |
| Apr 30, 2026 | 0.37 |
| Jan 31, 2026 | 0.37 |
| Oct 31, 2025 | 0.38 |
| Jul 31, 2025 | 0.38 |
| Apr 30, 2025 | 0.38 |
| Jan 31, 2025 | 0.40 |
| Oct 31, 2024 | 0.42 |
| Jul 31, 2024 | 0.41 |
| Apr 30, 2024 | 0.41 |
| Jan 31, 2024 | 0.42 |
| Oct 31, 2023 | 0.44 |
| Jul 31, 2023 | 0.44 |
| Apr 30, 2023 | 0.44 |
| Jan 31, 2023 | 0.48 |
| Oct 31, 2022 | 0.50 |
| Jul 31, 2022 | 0.49 |
| Apr 30, 2022 | 0.49 |
| Jan 31, 2022 | 0.52 |
| Oct 31, 2021 | 0.52 |