IQVIA Holdings Inc. (IQV) vs Veeva Systems Inc. (VEEV)
IQV and VEEV are evenly matched — 8 metrics each of 16.
A side-by-side comparison of IQVIA Holdings 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 — IQV vs VEEV
growth of $100 · last 13yIQV +320.8%VEEV +329.3%VEEV compounded faster
IQV VEEV
IQV vs VEEV: by the numbers
- •IQV is the larger company ($30.29B vs $25.92B market cap).
- •IQV trades at the lower earnings multiple (22.49 vs 28.44 P/E).
- •VEEV converts more revenue to profit (28.37% vs 8.33% net margin).
- •VEEV grew revenue faster over the past five years (16.28% vs 6.72% CAGR).
Which is better, IQV or VEEV?
Metric tally: IQV 8 · VEEV 8It depends on what you're optimizing for:
ValueIQV(lower P/E)
GrowthVEEV(faster 5Y revenue CAGR)
QualityVEEV(higher ROIC)
Valuation
| Metric | IQV | VEEV |
|---|---|---|
| P/E ratio | 22.49● | 28.44 |
| Forward P/E | 12.81● | 15.91 |
| P/S ratio | 1.85● | 7.98 |
| P/B ratio | 4.95 | 3.63● |
| PEG ratio | 6.34 | 1.42● |
| EV / EBITDA | 12.77● | 19.17 |
| FCF yield | 8.26%● | 6.21% |
Profitability
| Metric | IQV | VEEV |
|---|---|---|
| Gross margin | 26.11% | 74.95%● |
| Operating margin | 13.86% | 28.79%● |
| Net margin | 8.33% | 28.37%● |
| ROE | 22.26%● | 12.89% |
| ROIC | 8.23% | 9.48%● |
Growth (annualized)
| Metric | IQV | VEEV |
|---|---|---|
| Revenue CAGR (5Y) | 6.72% | 16.28%● |
| EPS CAGR (5Y) | 40.21%● | 17.11% |
| FCF CAGR (5Y) | 4.53% | 17.43%● |
| Total return CAGR (5Y) | -5.71%● | -11.81% |
Frequently asked
- Which is better, IQV or VEEV?
- It depends on your goal. value: IQV (lower P/E); growth: VEEV (faster 5Y revenue CAGR); quality: VEEV (higher ROIC). Across all compared metrics, they are evenly matched.
- Is IQV or VEEV cheaper?
- On trailing earnings, IQV is cheaper: IQV trades at a 22.49 P/E and VEEV at 28.44.
- Which has grown faster, IQV or VEEV?
- Over the past five years, VEEV grew revenue faster — IQV at a 6.72% CAGR versus VEEV at 16.28%.
- Is IQV or VEEV more profitable?
- VEEV runs the higher net margin — IQV at 8.33% versus VEEV at 28.37%.
- Which has been the better investment, IQV or VEEV?
- Over the past 10-year, VEEV delivered the higher annualized total return — IQV at 10.71% versus VEEV at 16.69%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
IQVIA P/E ratioVeeva Systems P/E ratioIQVIA dividend yieldVeeva Systems dividend yieldIQVIA ROEVeeva Systems ROEIQVIA operating marginVeeva Systems operating marginIQVIA revenue growthVeeva Systems revenue growthIQVIA free cash flowVeeva Systems free cash flow
IQVIA & Veeva Systems appear in these rankings
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.