Veeva Systems (VEEV) Return on Capital Employed (2014 - 2026)
Veeva Systems (VEEV) posted quarterly Return on Capital Employed of 13.0% for Q2 2026, up 37.0% year-over-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.
- In Q2 2026, Return on Capital Employed rose 37.0% year-over-year to 13.0%; the TTM figure through Apr 2026 stood at 13.0% (up 37.0% YoY), while the FY2026 annual figure was 14.05%, up 82.0% from the prior year.
- Return on Capital Employed for Q2 2026 stood at 13.0%, down from 13.28% in the prior quarter.
- The five-year high for Return on Capital Employed was 18.37% in Q1 2022, with the low 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 plunged 657 bps in 2023, then jumped 280 bps in 2025.
- Veeva Systems' Return on Capital Employed stood at 13.58% in 2022, then sank by 33 bps to 9.04% in 2023, then advanced by 28 bps to 11.53% in 2024, then climbed by 5 bps to 12.09% in 2025, then gained by 8 bps to 13.0% in 2026.
- Business Quant data shows VEEV's Return on Capital Employed at 13.0% in Q2 2026, 13.28% in Q1 2026, and 12.09% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 13.00% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 9.85% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 10.67% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | -9.77% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 31.58% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -8.46% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 4.91% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 20.35% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -20.94% |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 5.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |