Moderna, Inc. (MRNA) vs Veeva Systems Inc. (VEEV)
VEEV leads on 8 of 10 compared metrics.
A side-by-side comparison of Moderna, 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 — MRNA vs VEEV
growth of $100 · last 8yMRNA +168.3%VEEV +80.1%MRNA compounded faster
MRNA VEEV
MRNA vs VEEV: by the numbers
- •VEEV is the larger company ($25.92B vs $19.80B market cap).
- •VEEV is profitable (28.37% net margin) while MRNA runs a net loss (-143.55%).
- •VEEV grew revenue faster over the past five years (16.28% vs -2.60% CAGR).
Which is better, MRNA or VEEV?
Metric tally: MRNA 2 · VEEV 8It depends on what you're optimizing for:
GrowthVEEV(faster 5Y revenue CAGR)
QualityVEEV(higher ROIC)
Metrics side by side
Valuation
| Metric | MRNA | VEEV |
|---|---|---|
| P/E ratio | — | 28.44 |
| Forward P/E | — | 15.91 |
| P/S ratio | 8.86 | 7.98● |
| P/B ratio | 2.66● | 3.63 |
| PEG ratio | — | 1.42 |
| EV / EBITDA | — | 19.17 |
| FCF yield | — | 6.21% |
Profitability
| Metric | MRNA | VEEV |
|---|---|---|
| Gross margin | -13.89% | 74.95%● |
| Operating margin | -153.35% | 28.79%● |
| Net margin | -143.55% | 28.37%● |
| ROE | -43.12% | 12.89%● |
| ROIC | -29.70% | 9.48%● |
Growth (annualized)
| Metric | MRNA | VEEV |
|---|---|---|
| Revenue CAGR (5Y) | -2.60% | 16.28%● |
| EPS CAGR (5Y) | — | 17.11% |
| FCF CAGR (5Y) | 126.92%● | 17.43% |
| Total return CAGR (5Y) | -25.58% | -11.81%● |
Frequently asked
- Which is better, MRNA or VEEV?
- It depends on your goal. growth: VEEV (faster 5Y revenue CAGR); quality: VEEV (higher ROIC). Across all compared metrics, VEEV leads 8 to 2.
- Which has grown faster, MRNA or VEEV?
- Over the past five years, VEEV grew revenue faster — MRNA at a -2.60% CAGR versus VEEV at 16.28%.
- Is MRNA or VEEV more profitable?
- VEEV runs the higher net margin — MRNA at -143.55% versus VEEV at 28.37%.
- Which has been the better investment, MRNA or VEEV?
- Over the past 5-year, VEEV delivered the higher annualized total return — MRNA at -25.58% versus VEEV at 16.69%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Moderna P/E ratioVeeva Systems P/E ratioModerna dividend yieldVeeva Systems dividend yieldModerna ROEVeeva Systems ROEModerna operating marginVeeva Systems operating marginModerna revenue growthVeeva Systems revenue growthModerna free cash flowVeeva Systems free cash flow
Moderna & 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.