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Veeva Systems VEEV Asset turnover

Asset turnover at other companies

Microsoft logo
MicrosoftMSFT
0.5×0.0×
Oracle logo
OracleORCL
0.3×-0.1×
IQVIA logo
IQVIAIQV
0.6×0.0×
Revvity logo
RevvityRVTY
0.2×0.0×
Agilent Technologies logo
Agilent TechnologiesA
0.6×0.0×
Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
0.4×0.0×

Other financials

Income statement

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Revenue$882.9M+16.3%
Gross profit$662.0M+13.1%
Operating income$273.1M+16.8%
Net income$260.9M+14.4%
EPS (diluted)$1.57+14.6%

Balance sheet

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Cash & equivalents$1.9B-3.5%
Total debt$103.1M+33.5%
Total equity$7.3B+17.6%
Total assets$9.1B+17.6%

Cash flow

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Operating cash flow$1.1B+28.5%
CapEx$2.3M
Free cash flow$110.6M

Valuation

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Market cap$24.9B-31.2%
Enterprise value$23.11B-32.6%
P/E26.5×-19.9×
P/S7.5×-5.2×

Profitability

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Gross margin75%-0.5pp
Operating margin28.8%+1.8pp
Net margin28.4%+1.0pp
FCF margin37.2%

Returns & leverage

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Return on equity13.9%-0.1pp
Debt / equity0.0×
Current ratio4.7×+0.1×

Where this comes from

Calculated from Veeva Systems’s reported figures.

Based on trailing twelve months.

The official record: Veeva Systems’s 10-Q, filed June 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Veeva Systems's asset turnover?
Veeva Systems (VEEV) reported asset turnover of 0.4× in Q1 2026.
How has Veeva Systems's asset turnover changed year-over-year?
Veeva Systems's asset turnover decreased by 4.0% year-over-year, from 0.4× to 0.4×.
What is the long-term trend for Veeva Systems's asset turnover?
Over 5 years (2021 to 2026), Veeva Systems's asset turnover has grown at a -6.6% compound annual growth rate (CAGR), from 0.6× to 0.4×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.