Veeva Systems Inc. (VEEV) Return on Invested Capital (ROIC): 9.48%
Is Veeva Systems Inc.’s return on invested capital (ROIC) high or low?
Veeva Systems Inc.'s return on invested capital (ROIC) of 9.48% is 16% below its 5-year average of 11.31%, near the low end of its 5-year range (8.10%–15.56%).
The return on invested capital (ROIC) for Veeva Systems Inc. (VEEV) is 9.48% as of Wednesday, June 10, 2026. It is above its 12-month average by 2.49% (9.25%).
VEEV Return on Invested Capital (ROIC) Chart
VEEV Average Return on Invested Capital (ROIC) Chart
VEEV Current vs Average Return on Invested Capital (ROIC) Chart
VEEV Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
9.48%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.25%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
9.54%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
11.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
12.58%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
14.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
14.97%
CURRENT VS TTM AVG
+2.49%
CURRENT VS 3Y AVG
-0.60%
CURRENT VS 5Y AVG
-16.14%
CURRENT VS 10Y AVG
-24.64%
CURRENT VS 15Y AVG
-36.66%
CURRENT VS 20Y AVG
-36.66%
VEEV Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veeva Systems Inc. (VEEV) | — | 9.48% | 9.25% | 9.54% | 11.31% |
| Biogen Inc. (BIIB) | $29.00B | 6.62% | 7.71% | 8.64% | 10.90% |
| DexCom, Inc. (DXCM) | $29.24B | 16.61% | 13.40% | 11.07% | 9.62% |
| IQVIA Holdings Inc. (IQV) | $30.60B | 8.23% | 8.41% | 8.23% | 6.99% |
| Waters Corporation (WAT) | $23.83B | 17.57% | 18.00% | 20.73% | 22.79% |
| Mettler-Toledo International Inc. (MTD) | $22.85B | 35.46% | 38.26% | 37.51% | 36.01% |
| Centene Corporation (CNC) | $31.94B | -13.41% | -4.17% | -0.53% | 0.76% |
| BioNTech SE (BNTX) | $21.81B | -3.14% | -4.79% | 9.55% | 20.42% |
| Zoetis Inc. (ZTS) | $34.20B | 21.54% | 21.87% | 20.30% | 19.27% |
| Moderna, Inc. (MRNA) | $18.40B | -29.70% | -31.12% | -12.69% | 0.19% |
Capital Efficiency
ROIC
9.5%
ROE
12.6%
Veeva Systems Inc. Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Veeva Systems Inc. Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for Veeva Systems Inc. (VEEV)?
- The return on invested capital (ROIC) for VEEV stock is 9.48%.
- Is Veeva Systems Inc.'s return on invested capital (ROIC) high or low?
- Veeva Systems Inc.'s return on invested capital (ROIC) of 9.48% is 16% below its 5-year average of 11.31%, near the low end of its 5-year range (8.10%–15.56%).
- What is the TTM average return on invested capital (ROIC) for Veeva Systems Inc. (VEEV)?
- The TTM average return on invested capital (ROIC) for VEEV stock is 9.25%.
- What is the 3Y average return on invested capital (ROIC) for Veeva Systems Inc. (VEEV)?
- The 3Y average return on invested capital (ROIC) for VEEV stock is 9.54%.
- What is the 5Y average return on invested capital (ROIC) for Veeva Systems Inc. (VEEV)?
- The 5Y average return on invested capital (ROIC) for VEEV stock is 11.31%.
- What is the 10Y average return on invested capital (ROIC) for Veeva Systems Inc. (VEEV)?
- The 10Y average return on invested capital (ROIC) for VEEV stock is 12.58%.
- What is the 15Y average return on invested capital (ROIC) for Veeva Systems Inc. (VEEV)?
- The 15Y average return on invested capital (ROIC) for VEEV stock is 14.97%.
- What is the 20Y average return on invested capital (ROIC) for Veeva Systems Inc. (VEEV)?
- The 20Y average return on invested capital (ROIC) for VEEV stock is 14.97%.
Veeva Systems Inc. Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2026-01-31 | 9.48% |
| 2025-01-31 | 9.02% |
| 2024-01-31 | 8.10% |
| 2023-01-31 | 11.55% |
| 2022-01-31 | 14.12% |
| 2021-01-31 | 15.56% |
| 2020-01-31 | 15.88% |
| 2019-01-31 | 17.13% |
| 2018-01-31 | 15.66% |
| 2017-01-31 | 11.40% |
| 2016-01-31 | 10.48% |
| 2015-01-31 | 10.27% |
| 2014-01-31 | 8.50% |
| 2013-01-31 | 54.57% |
| 2012-01-31 | 27.76% |
| 2011-01-31 | 0.00% |
Related Metrics
About Veeva Systems Inc.
Veeva Systems Inc. is a leading provider of cloud-based software solutions, exclusively dedicated to the global life sciences industry. Its extensive operational presence spans across North America, Europe, the Asia Pacific region, the Middle East, Africa, and Latin America. The company's product portfolio is primarily structured around two major offerings. First, the Veeva Commercial Cloud delivers an integrated suite of software, data, and analytics tools designed to optimize commercial operations. This includes vital applications such as Veeva Customer Relationship Management (CRM) and its specialized Medical CRM, Veeva Closed Loop Marketing (CLM), sophisticated analytics via Veeva CRM MyInsights, approved email communication with Veeva CRM Approved Email, digital engagement tools like Veeva CRM Engage, commercial alignment through Veeva Align, event management capabilities with Veeva CRM Events Management, data warehousing solutions (Veeva Nitro), data services (Veeva OpenData, Veeva Link), master data management (Veeva Network), advanced analytical insights (Veeva Crossix, Veeva Data Cloud), and patient engagement platforms (MyVeeva for Patients). Secondly, Veeva Vault provides a robust collection of cloud-native enterprise content and data management applications. These applications are engineered to support both critical commercial functions—encompassing sales, marketing, and medical content and communications—and comprehensive research and development processes, including clinical trials, regulatory compliance, quality management, and patient safety. Beyond its software, Veeva offers a wide array of professional and support services. These range from strategic implementation and deployment planning, project management, and detailed requirements analysis to solution design and configuration. They also include system environment management and deployment, expert consulting for business process transformation related to Veeva solutions, technical guidance on data migration and systems integrations, comprehensive training programs, and ongoing managed services such as outsourced systems administration. Tracing its origins, the company was incorporated in 2007 as Verticals onDemand, Inc., and subsequently rebranded to Veeva Systems Inc. in April 2009. Its corporate headquarters are situated in Pleasanton, California.
- Sector
- Healthcare
- Industry
- Medical - Healthcare Information Services
- CEO
- Peter Gassner