What is Veeva Systems's free cash flow?

Veeva Systems (VEEV) reported free cash flow of $110.65M in Q3 2021.

What does free cash flow mean?

Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

Veeva Systems VEEV Free cash flow

Discontinued — last reported Q3 '22

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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—

Valuation

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Market cap$28.83B-31.9%

Enterprise value$27.03B-33.0%

P/E30.6×-23.6×

P/S8.7×-6.1×

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 / equity0×0.0×

Current ratio4.7×+0.1×

Where this comes from

Calculated from Veeva Systems’s reported figures.

$113.0Mnet cash from operating−$2.3Mcapital expenditures=$110.65M

The official record: Veeva Systems’s 10-Q, filed December 7, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is Veeva Systems's free cash flow?: Veeva Systems (VEEV) reported free cash flow of $110.65M in Q3 2021.
What does free cash flow mean?: Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.