Veeva Systems Inc. (VEEV) Tax Rate: 23.91%
Is Veeva Systems Inc.’s tax rate high or low?
Veeva Systems Inc.'s tax rate of 23.91% is 77% above its 5-year average of 13.53%, near the high end of its 5-year range (3.55%–23.91%).
The tax rate for Veeva Systems Inc. (VEEV) is 23.91%. It is above its 12-month average by 3.44% (23.12%).
VEEV Tax Rate Chart
VEEV Average Tax Rate Chart
VEEV Current vs Average Tax Rate Chart
VEEV Tax Rate Metrics
TAX RATE
23.91%
TAX RATE AVG TTM
23.12%
TAX RATE AVG 3Y
15.26%
TAX RATE AVG 5Y
13.53%
TAX RATE AVG 10Y
15.00%
TAX RATE AVG 15Y
21.32%
TAX RATE AVG 20Y
21.32%
CURRENT VS TTM AVG
+3.44%
CURRENT VS 3Y AVG
+56.71%
CURRENT VS 5Y AVG
+76.76%
CURRENT VS 10Y AVG
+59.41%
CURRENT VS 15Y AVG
+12.14%
CURRENT VS 20Y AVG
+12.14%
Veeva Systems Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Veeva Systems Inc. Tax Rate FAQ
- What is the tax rate for Veeva Systems Inc. (VEEV)?
- The tax rate for VEEV stock is 23.91%.
- Is Veeva Systems Inc.'s tax rate high or low?
- Veeva Systems Inc.'s tax rate of 23.91% is 77% above its 5-year average of 13.53%, near the high end of its 5-year range (3.55%–23.91%).
- What is the TTM average tax rate for Veeva Systems Inc. (VEEV)?
- The TTM average tax rate for VEEV stock is 23.12%.
- What is the 3Y average tax rate for Veeva Systems Inc. (VEEV)?
- The 3Y average tax rate for VEEV stock is 15.26%.
- What is the 5Y average tax rate for Veeva Systems Inc. (VEEV)?
- The 5Y average tax rate for VEEV stock is 13.53%.
- What is the 10Y average tax rate for Veeva Systems Inc. (VEEV)?
- The 10Y average tax rate for VEEV stock is 15.00%.
- What is the 15Y average tax rate for Veeva Systems Inc. (VEEV)?
- The 15Y average tax rate for VEEV stock is 21.32%.
- What is the 20Y average tax rate for Veeva Systems Inc. (VEEV)?
- The 20Y average tax rate for VEEV stock is 21.32%.
Veeva Systems Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-01-31 | 23.91% |
| 2025-01-31 | 22.32% |
| 2024-01-31 | 10.60% |
| 2023-01-31 | 4.20% |
| 2022-01-31 | 16.58% |
| 2021-01-31 | 3.55% |
| 2020-01-31 | 4.01% |
| 2019-01-31 | 3.69% |
| 2018-01-31 | 8.80% |
| 2017-01-31 | 36.60% |
| 2016-01-31 | 30.73% |
| 2015-01-31 | 39.89% |
| 2014-01-31 | 38.66% |
| 2013-01-31 | 35.44% |
| 2012-01-31 | 36.42% |
| 2011-01-31 | 25.74% |
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