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
DateValue
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