Veeva Systems (VEEV) Return on Capital Employed (2014 - 2026)

Veeva Systems (VEEV) recorded quarterly Return on Capital Employed of 13.0% in Q2 2026, down 2.11% quarter-over-quarter from 13.28% in Q1 2026, and up 37.0% year-on-year from 9.49% in Q2 2025.

Veeva Systems (VEEV) Return on Capital Employed (2014 - 2026) Analysis & Trends

Veeva Systems has disclosed Return on Capital Employed across 13 years of filings, most recently posting 13.0% for Q2 2026.

  • For the quarter ending Q2 2026, Return on Capital Employed rose 37.0% year-over-year to 13.0%; the trailing twelve-month figure through Apr 2026 stood at 13.0% (up 37.0% YoY), and the FY2026 full-year result was 14.05%, up 82.0% from the prior year.
  • Return on Capital Employed was 13.0% for Q2 2026 at Veeva Systems, down from 13.28% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 18.37% in Q1 2022 and troughed at 9.04% in Q4 2023.
  • The 5-year median for Return on Capital Employed is 12.33% (2025), against an average of 12.46%.
  • The sharpest annual moves came in 2023 and 2025: Return on Capital Employed tumbled 657 bps in 2023, then jumped 280 bps in 2025.
  • Year by year, Return on Capital Employed stood at 13.58% in 2022, then slumped by 33 bps to 9.04% in 2023, then gained by 28 bps to 11.53% in 2024, then advanced by 5 bps to 12.09% in 2025, then rose by 8 bps to 13.0% in 2026.
  • Per Business Quant data, the three most recent Return on Capital Employed figures were 13.0% in Q2 2026, 13.28% in Q1 2026, and 12.09% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 13.00%
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 2.09%
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 10.67%
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn -163.65%
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn -4.23%
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 21.81%
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 4.73%
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 4.60%
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 2.23%
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn -8.41%

Historic Data

Download Data
DateValue
Apr 30, 2026 13.00%
Jan 31, 2026 13.28%
Oct 31, 2025 12.09%
Jul 31, 2025 12.06%
Apr 30, 2025 12.63%
Jan 31, 2025 12.58%
Oct 31, 2024 11.53%
Jul 31, 2024 11.28%
Apr 30, 2024 10.84%
Jan 31, 2024 9.78%
Oct 31, 2023 9.04%
Jul 31, 2023 9.60%
Apr 30, 2023 10.06%
Jan 31, 2023 13.17%
Oct 31, 2022 13.58%
Jul 31, 2022 14.74%
Apr 30, 2022 16.63%
Jan 31, 2022 18.37%
Oct 31, 2021 17.17%
Jul 31, 2021 17.27%