Labcorp Holdings Inc. (LH) vs Veeva Systems Inc. (VEEV)

VEEV leads on 8 of 15 compared metrics, though LH is the cheaper stock.

A side-by-side comparison of Labcorp 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 — LH vs VEEV

growth of $100 · last 13y
LH +206.4%VEEV +329.3%VEEV compounded faster
0200400600800Start $1002016201920222025$306$429
LH VEEV

LH vs VEEV: by the numbers

  • VEEV is the larger company ($25.92B vs $21.83B market cap).
  • LH trades at the lower earnings multiple (23.57 vs 28.44 P/E).
  • VEEV converts more revenue to profit (28.37% vs 6.66% net margin).
  • VEEV grew revenue faster over the past five years (16.28% vs -1.58% CAGR).
  • LH pays a dividend (1.08% yield) while VEEV does not currently pay one.

Which is better, LH or VEEV?

Metric tally: LH 7 · VEEV 8

It depends on what you're optimizing for:

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

Valuation

MetricLHVEEV
P/E ratio23.5728.44
Forward P/E13.6515.91
P/S ratio1.567.98
P/B ratio2.533.63
PEG ratio1.281.42
EV / EBITDA13.7319.17
FCF yield6.27%6.21%

Profitability

MetricLHVEEV
Gross margin27.79%74.95%
Operating margin11.03%28.79%
Net margin6.66%28.37%
ROE10.79%12.89%
ROIC7.39%9.48%

Dividends

MetricLHVEEV
Dividend yield1.08%
Payout ratio27.32%

Growth (annualized)

MetricLHVEEV
Revenue CAGR (5Y)-1.58%16.28%
EPS CAGR (5Y)-8.00%17.11%
FCF CAGR (5Y)-12.63%17.43%
Total return CAGR (5Y)4.75%-11.81%

Frequently asked

Which is better, LH or VEEV?
It depends on your goal. value: LH (lower P/E); growth: VEEV (faster 5Y revenue CAGR); quality: VEEV (higher ROIC). Across all compared metrics, VEEV leads 8 to 7.
Is LH or VEEV cheaper?
On trailing earnings, LH is cheaper: LH trades at a 23.57 P/E and VEEV at 28.44.
Which has grown faster, LH or VEEV?
Over the past five years, VEEV grew revenue faster — LH at a -1.58% CAGR versus VEEV at 16.28%.
Does LH or VEEV pay a bigger dividend?
LH pays a dividend (1.08% yield) while VEEV does not currently pay one.
Is LH or VEEV more profitable?
VEEV runs the higher net margin — LH at 6.66% versus VEEV at 28.37%.
Which has been the better investment, LH or VEEV?
Over the past 10-year, VEEV delivered the higher annualized total return — LH at 9.60% 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.