Veeva Systems (VEEV) Asset Utilization Ratio (2014 - 2026)
Veeva Systems' quarterly Asset Utilization Ratio came in at 0.37 in Q1 2026, down 6.04% year-on-year from 0.4 in Q1 2025, and down 2.22% quarter-over-quarter from 0.38 in Q4 2025.
Veeva Systems has reported Asset Utilization Ratio for 13 years, with the latest figure at 0.37 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 6.04% year-over-year to 0.37; the trailing twelve-month figure through Jan 2026 stood at 0.37 (down 6.04% YoY), and the FY2026 full-year result was 0.39, down 5.54% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.37, down from 0.38 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 Q1 2026.
- Average Asset Utilization Ratio over 5 years is 0.43, with a median of 0.42 recorded in 2024.
- Year-over-year, Asset Utilization Ratio retreated 1.0% in 2022 and declined 12.23% in 2023.
- Tracing VEEV's Asset Utilization Ratio over 5 years: 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 2.22% to 0.37 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.37 (Q1 2026), 0.38 (Q4 2025), and 0.38 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 0.37 |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 2.16 |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 0.40 |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 0.88 |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 0.57 |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 0.20 |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 0.62 |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 1.61 |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 0.62 |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | 0.89 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 0.50 |
| Jan 31, 2021 | 0.52 |
| Oct 31, 2020 | 0.54 |
| Jul 31, 2020 | 0.52 |
| Apr 30, 2020 | 0.51 |
| Jan 31, 2020 | 0.53 |
| Oct 31, 2019 | 0.55 |
| Jul 31, 2019 | 0.53 |
| Apr 30, 2019 | 0.53 |
| Jan 31, 2019 | 0.57 |
| Oct 31, 2018 | 0.59 |
| Jul 31, 2018 | 0.57 |
| Apr 30, 2018 | 0.57 |
| Jan 31, 2018 | 0.61 |
| Oct 31, 2017 | 0.63 |
| Jul 31, 2017 | 0.61 |
| Apr 30, 2017 | 0.61 |
| Jan 31, 2017 | 0.64 |
| Oct 31, 2016 | 0.64 |
| Jul 31, 2016 | 0.48 |
| Apr 30, 2016 | 0.46 |
| Jan 31, 2016 | 0.46 |
| Oct 31, 2015 | 0.45 |
| Jul 31, 2015 | 0.62 |
| Apr 30, 2015 | 0.60 |
| Jan 31, 2015 | 0.60 |
| Oct 31, 2014 | 0.57 |
| Jul 31, 2014 | 0.54 |
| Apr 30, 2014 | 0.50 |
| Jan 31, 2014 | 0.50 |