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 13y
IQV +320.8%VEEV +329.3%VEEV compounded faster
0200400600800Start $1002016201920222025$421$429
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 8

It depends on what you're optimizing for:

ValueIQV(lower P/E)
GrowthVEEV(faster 5Y revenue CAGR)
QualityVEEV(higher ROIC)

Valuation

MetricIQVVEEV
P/E ratio22.4928.44
Forward P/E12.8115.91
P/S ratio1.857.98
P/B ratio4.953.63
PEG ratio6.341.42
EV / EBITDA12.7719.17
FCF yield8.26%6.21%

Profitability

MetricIQVVEEV
Gross margin26.11%74.95%
Operating margin13.86%28.79%
Net margin8.33%28.37%
ROE22.26%12.89%
ROIC8.23%9.48%

Growth (annualized)

MetricIQVVEEV
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.

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.