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

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

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

Veeva Systems' Return on Capital Employed history runs 13 years deep, the most recent figure standing at 13.0% for Q2 2026.

  • On a quarterly basis, Return on Capital Employed rose 37.0% year-over-year to 13.0% in Q2 2026; TTM through Apr 2026 was 13.0%, a 37.0% increase from a year earlier, with the FY2026 full-year figure at 14.05%, up 82.0% from the prior year.
  • Return on Capital Employed slipped to 13.0% in Q2 2026 per VEEV's latest filing, from 13.28% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 18.37% in Q1 2022 and bottomed 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%.
  • Across the five-year window, Return on Capital Employed sank 657 bps in 2023 and jumped 280 bps in 2025, its largest moves.
  • Year by year, Return on Capital Employed stood at 13.58% in 2022, then plunged by 33 bps to 9.04% in 2023, then climbed by 28 bps to 11.53% in 2024, then grew by 5 bps to 12.09% in 2025, then advanced by 8 bps to 13.0% in 2026.
  • Per Business Quant, the three latest VEEV Return on Capital Employed figures stand at 13.0% (Q2 2026), 13.28% (Q1 2026), and 12.09% (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Veeva Systems 32.06 Bn 24.75 Bn 662.02 Mn 13.00%
2 BrightSpring Health Services 14.64 Bn 13.74 Bn 482.22 Mn 7.68%
3 Healthequity 8.29 Bn 8.02 Bn 256.31 Mn 10.67%
4 Hinge Health 5.97 Bn 5.66 Bn 154.23 Mn -163.65%
5 10x Genomics 5.95 Bn 5.41 Bn 106.18 Mn -4.23%
6 MiniMed 4.52 Bn 4.22 Bn 480.00 Mn -8.46%
7 Waystar Holding 4.48 Bn 4.42 Bn 216.84 Mn 4.73%
8 Doximity 3.95 Bn 3.20 Bn 125.97 Mn 21.81%
9 Privia Health 3.14 Bn 2.72 Bn - 4.60%
10 Omnicell 1.87 Bn 1.63 Bn 140.36 Mn 2.23%

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%