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| 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% |