Veeva Systems (VEEV) Asset Utilization Ratio (2014 - 2026)
Veeva Systems' (VEEV) quarterly Asset Utilization Ratio came in at 0.37 in Q2 2026, down 3.04% year-on-year from 0.38 in Q2 2025, and down 2.04% quarter-over-quarter from 0.37 in Q1 2026.
Veeva Systems (VEEV) Asset Utilization Ratio (2014 - 2026) Analysis & Trends
Veeva Systems' Asset Utilization Ratio history runs 13 years deep, the most recent figure standing at 0.37 for Q2 2026.
- On a quarterly basis, Asset Utilization Ratio fell 3.04% year-over-year to 0.37 in Q2 2026; TTM through Apr 2026 was 0.37, a 3.04% decrease from a year earlier, with the FY2026 full-year figure at 0.39, down 5.54% from the prior year.
- Asset Utilization Ratio slipped to 0.37 in Q2 2026 per VEEV's latest filing, from 0.37 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.52 in Q1 2022 and bottomed at 0.37 in Q2 2026.
- The 5-year median for Asset Utilization Ratio is 0.42 (2024), against an average of 0.43.
- Across the five-year window, Asset Utilization Ratio retreated 1.0% in 2022 and declined 12.23% in 2023, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.5 in 2022, then declined by 12.23% to 0.44 in 2023, then dropped by 5.41% to 0.42 in 2024, then decreased by 7.91% to 0.38 in 2025, then declined by 4.22% to 0.37 in 2026.
- Per Business Quant, the three latest VEEV Asset Utilization Ratio figures stand at 0.37 (Q2 2026), 0.37 (Q1 2026), and 0.38 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | 0.37 |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 2.16 |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 0.40 |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | 0.62 |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 0.88 |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | 0.68 |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 0.20 |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 0.57 |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | 1.61 |
| 10 | Omnicell | 1.81 Bn | 1.57 Bn | 140.36 Mn | 0.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 31, 2021 | 0.51 |