NetApp, Inc. (NTAP) vs Veeva Systems Inc. (VEEV)

NTAP and VEEV are evenly matched — 8 metrics each of 16.

A side-by-side comparison of NetApp, Inc. and Veeva Systems Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total returnNTAP vs VEEV

growth of $100 · dividends reinvested · last 13y
NTAP +446.7%VEEV +401.2%NTAP compounded faster
0200400600800Start $1002016201920222025$547$501
NTAP VEEV

NTAP vs VEEV: by the numbers

  • NTAP is the larger company ($32.86B vs $30.25B market cap).
  • NTAP trades at the lower earnings multiple (26.37 vs 33.20 P/E).
  • VEEV converts more revenue to profit (28.37% vs 18.43% net margin).
  • VEEV grew revenue faster over the past five years (16.28% vs 4.18% CAGR).
  • NTAP pays a dividend (0.93% yield) while VEEV does not currently pay one.

Which is better, NTAP or VEEV?

Metric tally: NTAP 8 · VEEV 8

It depends on what you're optimizing for:

ValueNTAP(lower P/E)
GrowthVEEV(faster 5Y revenue CAGR)
QualityNTAP(higher ROIC)

Metrics side by side

Valuation

MetricNTAPVEEV
P/E ratio26.3733.20
Forward P/E21.0123.45
P/S ratio4.829.31
P/B ratio24.714.23
PEG ratio1.581.42
EV / EBITDA18.2028.77
FCF yield5.60%5.32%

Profitability

MetricNTAPVEEV
Gross margin70.74%74.95%
Operating margin24.12%28.79%
Net margin18.43%28.37%
ROE94.45%12.89%
ROIC19.40%9.48%

Dividends

MetricNTAPVEEV
Dividend yield0.93%
Payout ratio24.26%

Growth (annualized)

MetricNTAPVEEV
Revenue CAGR (5Y)4.18%16.28%
EPS CAGR (5Y)10.39%17.11%
FCF CAGR (5Y)12.50%17.43%
Total return CAGR (5Y)19.31%-10.97%

Frequently asked

Which is better, NTAP or VEEV?
It depends on your goal. value: NTAP (lower P/E); growth: VEEV (faster 5Y revenue CAGR); quality: NTAP (higher ROIC). Across all compared metrics, they are evenly matched.
Is NTAP or VEEV cheaper?
On trailing earnings, NTAP is cheaper: NTAP trades at a 26.37 P/E and VEEV at 33.20.
Which has grown faster, NTAP or VEEV?
Over the past five years, VEEV grew revenue faster — NTAP at a 4.18% CAGR versus VEEV at 16.28%.
Does NTAP or VEEV pay a bigger dividend?
NTAP pays a dividend (0.93% yield) while VEEV does not currently pay one.
Is NTAP or VEEV more profitable?
VEEV runs the higher net margin — NTAP at 18.43% versus VEEV at 28.37%.
Which has been the better investment, NTAP or VEEV?
Over the past 10-year, NTAP delivered the higher annualized total return — NTAP at 23.26% versus VEEV at 17.56%. 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 July 25, 2026.