STERIS plc (STE) vs Veeva Systems Inc. (VEEV)
VEEV leads on 10 of 16 compared metrics, though STE is the cheaper stock.
A side-by-side comparison of STERIS plc and Veeva Systems Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 26, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — STE vs VEEV
growth of $100 · last 13ySTE +371.8%VEEV +355.4%STE compounded faster
STE VEEV
STE vs VEEV: by the numbers
- •VEEV is the larger company ($27.55B vs $21.05B market cap).
- •STE trades at the lower earnings multiple (26.56 vs 28.18 P/E).
- •VEEV converts more revenue to profit (28.37% vs 13.18% net margin).
- •VEEV grew revenue faster over the past five years (16.28% vs 13.82% CAGR).
- •STE pays a dividend (1.20% yield) while VEEV does not currently pay one.
Which is better, STE or VEEV?
Metric tally: STE 6 · VEEV 10It depends on what you're optimizing for:
ValueSTE(lower P/E)
GrowthVEEV(faster 5Y revenue CAGR)
QualityVEEV(higher ROIC)
Metrics side by side
Valuation
| Metric | STE | VEEV |
|---|---|---|
| P/E ratio | 26.56● | 28.18 |
| Forward P/E | 20.65 | 15.76● |
| P/S ratio | 3.49● | 7.91 |
| P/B ratio | 2.88● | 3.59 |
| PEG ratio | 1.03● | 1.42 |
| EV / EBITDA | 12.26● | 24.15 |
| FCF yield | 4.69% | 6.27%● |
Profitability
| Metric | STE | VEEV |
|---|---|---|
| Gross margin | 44.25% | 74.95%● |
| Operating margin | 18.56% | 28.79%● |
| Net margin | 13.18% | 28.37%● |
| ROE | 10.89% | 12.89%● |
| ROIC | 8.47% | 9.48%● |
Dividends
| Metric | STE | VEEV |
|---|---|---|
| Dividend yield | 1.20% | — |
| Payout ratio | 31.78% | — |
Growth (annualized)
| Metric | STE | VEEV |
|---|---|---|
| Revenue CAGR (5Y) | 13.82% | 16.28%● |
| EPS CAGR (5Y) | 11.22% | 17.11%● |
| FCF CAGR (5Y) | 16.64% | 17.43%● |
| Total return CAGR (5Y) | 1.84%● | -11.54% |
Frequently asked
- Which is better, STE or VEEV?
- It depends on your goal. value: STE (lower P/E); growth: VEEV (faster 5Y revenue CAGR); quality: VEEV (higher ROIC). Across all compared metrics, VEEV leads 10 to 6.
- Is STE or VEEV cheaper?
- On trailing earnings, STE is cheaper: STE trades at a 26.56 P/E and VEEV at 28.18.
- Which has grown faster, STE or VEEV?
- Over the past five years, VEEV grew revenue faster — STE at a 13.82% CAGR versus VEEV at 16.28%.
- Does STE or VEEV pay a bigger dividend?
- STE pays a dividend (1.20% yield) while VEEV does not currently pay one.
- Is STE or VEEV more profitable?
- VEEV runs the higher net margin — STE at 13.18% versus VEEV at 28.37%.
- Which has been the better investment, STE or VEEV?
- Over the past 10-year, VEEV delivered the higher annualized total return — STE at 13.89% versus VEEV at 17.30%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
STERIS P/E ratioVeeva Systems P/E ratioSTERIS dividend yieldVeeva Systems dividend yieldSTERIS ROEVeeva Systems ROESTERIS operating marginVeeva Systems operating marginSTERIS revenue growthVeeva Systems revenue growthSTERIS free cash flowVeeva Systems free cash flow
STERIS & 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 26, 2026.