Is INCY or VEEV cheaper?

On trailing earnings, INCY is cheaper: INCY trades at a 13.87 P/E and VEEV at 27.33.

Which has grown faster, INCY or VEEV?

Over the past five years, VEEV grew revenue faster — INCY at a 14.68% CAGR versus VEEV at 16.28%.

Is INCY or VEEV more profitable?

VEEV runs the higher net margin — INCY at 26.71% versus VEEV at 28.37%.

Which has been the better investment, INCY or VEEV?

Over the past 10-year, VEEV delivered the higher annualized total return — INCY at 2.45% versus VEEV at 16.37%. Past performance doesn't predict future results.

Incyte Corporation (INCY) vs Veeva Systems Inc. (VEEV)

INCY leads on 12 of 16 compared metrics.

A side-by-side comparison of Incyte Corporation and Veeva Systems Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 21, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — INCY vs VEEV

growth of $100 · last 13y

INCY +164.1%VEEV +312.5%VEEV compounded faster

INCY VEEV

INCY vs VEEV: by the numbers

•VEEV is the larger company ($24.90B vs $19.62B market cap).
•INCY trades at the lower earnings multiple (13.87 vs 27.33 P/E).
•VEEV converts more revenue to profit (28.37% vs 26.71% net margin).
•VEEV grew revenue faster over the past five years (16.28% vs 14.68% CAGR).

Which is better, INCY or VEEV?

Metric tally: INCY 12 · VEEV 4

It depends on what you're optimizing for:

ValueINCY(lower P/E)

GrowthVEEV(faster 5Y revenue CAGR)

QualityINCY(higher ROIC)

Metrics side by side

Valuation

Metric	INCY	VEEV
P/E ratio	13.87●	27.33
Forward P/E	11.04●	15.28
P/S ratio	3.79●	7.67
P/B ratio	3.66	3.48●
PEG ratio	0.65●	1.42
EV / EBITDA	9.03●	18.20
FCF yield	7.14%●	6.46%

Profitability

Metric	INCY	VEEV
Gross margin	92.48%●	74.95%
Operating margin	27.05%	28.79%●
Net margin	26.71%	28.37%●
ROE	25.79%●	12.89%
ROIC	20.58%●	9.48%

Growth (annualized)

Metric	INCY	VEEV
Revenue CAGR (5Y)	14.68%	16.28%●
EPS CAGR (5Y)	21.19%●	17.11%
FCF CAGR (5Y)	20.60%●	17.43%
Total return CAGR (5Y)	3.19%●	-12.95%

Frequently asked

Which is better, INCY or VEEV?: It depends on your goal. value: INCY (lower P/E); growth: VEEV (faster 5Y revenue CAGR); quality: INCY (higher ROIC). Across all compared metrics, INCY leads 12 to 4.
Is INCY or VEEV cheaper?: On trailing earnings, INCY is cheaper: INCY trades at a 13.87 P/E and VEEV at 27.33.
Which has grown faster, INCY or VEEV?: Over the past five years, VEEV grew revenue faster — INCY at a 14.68% CAGR versus VEEV at 16.28%.
Is INCY or VEEV more profitable?: VEEV runs the higher net margin — INCY at 26.71% versus VEEV at 28.37%.
Which has been the better investment, INCY or VEEV?: Over the past 10-year, VEEV delivered the higher annualized total return — INCY at 2.45% versus VEEV at 16.37%. Past performance doesn't predict future results.

Go deeper

Full INCY analysis Full VEEV analysis Interactive comparison tool

Dig into the metrics

Incyte P/E ratio Veeva Systems P/E ratio Incyte dividend yield Veeva Systems dividend yield Incyte ROE Veeva Systems ROE Incyte operating margin Veeva Systems operating margin Incyte revenue growth Veeva Systems revenue growth Incyte free cash flow Veeva Systems free cash flow

Incyte & Veeva Systems appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Highest FCF Yield Stocks

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 21, 2026.