Veeva Systems (VEEV) Return on Capital Employed (2014 - 2026)
Veeva Systems' quarterly Return on Capital Employed came in at 13.28% in Q1 2026, up 70.0% year-on-year from 7.81% in Q1 2025, and up 9.82% quarter-over-quarter from 12.09% in Q4 2025.
Veeva Systems has reported Return on Capital Employed for 13 years, with the latest figure at 13.28% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 70.0% year-over-year to 13.28%; the trailing twelve-month figure through Jan 2026 stood at 13.28% (up 70.0% YoY), and the FY2026 full-year result was 14.05%, up 82.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 13.28%, up from 12.09% 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.
- Average Return on Capital Employed over 5 years is 12.43%, with a median of 12.09% recorded in 2025.
- Year-over-year, Return on Capital Employed sank 657 bps in 2023 and jumped 280 bps in 2025.
- Tracing VEEV's Return on Capital Employed over 5 years: stood at 13.58% in 2022, then sank by 33 bps to 9.04% in 2023, then grew by 28 bps to 11.53% in 2024, then increased by 5 bps to 12.09% in 2025, then rose by 10 bps to 13.28% in 2026.
- The last three Return on Capital Employed figures came in at 13.28% (Q1 2026), 12.09% (Q4 2025), and 12.06% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 13.28% |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 2.09% |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 10.67% |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | -163.65% |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 21.81% |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 4.73% |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | -4.23% |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 4.60% |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 2.23% |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | -8.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Apr 30, 2021 | 17.27% |
| Jan 31, 2021 | 18.00% |
| Oct 31, 2020 | 15.91% |
| Jul 31, 2020 | 16.28% |
| Apr 30, 2020 | 16.93% |
| Jan 31, 2020 | 18.65% |
| Oct 31, 2019 | 18.36% |
| Jul 31, 2019 | 18.89% |
| Apr 30, 2019 | 19.20% |
| Jan 31, 2019 | 19.82% |
| Oct 31, 2018 | 17.34% |
| Jul 31, 2018 | 16.99% |
| Apr 30, 2018 | 17.20% |
| Jan 31, 2018 | 18.98% |
| Oct 31, 2017 | 18.38% |
| Jul 31, 2017 | 18.85% |
| Apr 30, 2017 | 18.77% |
| Jan 31, 2017 | 17.81% |
| Oct 31, 2016 | 14.62% |
| Jul 31, 2016 | 13.70% |
| Apr 30, 2016 | 14.47% |
| Jan 31, 2016 | 16.40% |
| Oct 31, 2015 | 17.81% |
| Jul 31, 2015 | 18.82% |
| Apr 30, 2015 | 18.67% |
| Jan 31, 2015 | 18.26% |
| Oct 31, 2014 | 16.35% |
| Jul 31, 2014 | 14.62% |
| Apr 30, 2014 | 14.49% |
| Jan 31, 2014 | 14.49% |