DexCom, Inc. (DXCM) vs Veeva Systems Inc. (VEEV)

VEEV leads on 9 of 16 compared metrics.

A side-by-side comparison of DexCom, Inc. and Veeva Systems Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — DXCM vs VEEV

growth of $100 · last 13y
DXCM +913.0%VEEV +329.3%DXCM compounded faster
05001k2k2kStart $1002016201920222025$1,013$429
DXCM VEEV

DXCM vs VEEV: by the numbers

  • DXCM is the larger company ($29.08B vs $25.92B market cap).
  • VEEV trades at the lower earnings multiple (28.44 vs 32.21 P/E).
  • VEEV converts more revenue to profit (28.37% vs 19.31% net margin).
  • DXCM grew revenue faster over the past five years (18.91% vs 16.28% CAGR).

Which is better, DXCM or VEEV?

Metric tally: DXCM 7 · VEEV 9

It depends on what you're optimizing for:

ValueVEEV(lower P/E)
GrowthDXCM(faster 5Y revenue CAGR)
QualityDXCM(higher ROIC)

Valuation

MetricDXCMVEEV
P/E ratio32.2128.44
Forward P/E24.4215.91
P/S ratio6.167.98
P/B ratio10.033.63
PEG ratio0.661.42
EV / EBITDA20.2819.17
FCF yield4.82%6.21%

Profitability

MetricDXCMVEEV
Gross margin61.84%74.95%
Operating margin21.45%28.79%
Net margin19.31%28.37%
ROE31.47%12.89%
ROIC16.61%9.48%

Growth (annualized)

MetricDXCMVEEV
Revenue CAGR (5Y)18.91%16.28%
EPS CAGR (5Y)10.31%17.11%
FCF CAGR (5Y)43.37%17.43%
Total return CAGR (5Y)-5.51%-11.81%

Frequently asked

Which is better, DXCM or VEEV?
It depends on your goal. value: VEEV (lower P/E); growth: DXCM (faster 5Y revenue CAGR); quality: DXCM (higher ROIC). Across all compared metrics, VEEV leads 9 to 7.
Is DXCM or VEEV cheaper?
On trailing earnings, VEEV is cheaper: DXCM trades at a 32.21 P/E and VEEV at 28.44.
Which has grown faster, DXCM or VEEV?
Over the past five years, DXCM grew revenue faster — DXCM at a 18.91% CAGR versus VEEV at 16.28%.
Is DXCM or VEEV more profitable?
VEEV runs the higher net margin — DXCM at 19.31% versus VEEV at 28.37%.
Which has been the better investment, DXCM or VEEV?
Over the past 10-year, VEEV delivered the higher annualized total return — DXCM at 15.40% versus VEEV at 16.69%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 14, 2026.