Veeva Systems Inc Class A

Veeva Systems Inc Class A

VEEV · NYSE · Healthcare / Health Information Services

301.53USD-0.89 (-0.29%)

Price History

Full chart

Market Stats

Previous Close302.42
Open305.36
Day Range299.36 – 305.36
52-Week Range148.05 – 325.99
Volume737.26K
Market Cap51.46B
P/E (TTM)52.10
Forward P/E30.21
EPS6.10
Dividend Yield0.00%
Beta0.93
50-Day Avg281.42
200-Day Avg208.35

About

Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America. The company offers Veeva Commercial Cloud comprising Veeva Vault CRM Suite for pharmaceutical and biotechnology companies; Veeva Medical that provides source of medical content across multiple channels and geographies; Veeva PromoMats, an end-to-end content and digital asset management solution; and Veeva Crossix, an analytics platform for pharmaceutical brands. It also provides Veeva Data Cloud, such as Veeva OpenData, a customer reference data solution; Veeva Link, which provides deep data; Veeva Compass, which includes de-identified and longitudinal patient data; and Veeva CRM Pulse that provides access and multichannel engagement metrics. In addition, the company offers Veeva Development Cloud consisting of Veeva Clinical Platform, which advances clinical trial execution; Veeva Clinical Data Management that helps sponsors and CROs design and run trials; Veeva Safety, which unifies systems and processes; Veeva RIM that provides regulatory information management capabilities, as well as Veeva Quality Cloud, which is used by the life sciences and consumer products industries; and Veeva Business Consulting services. Further, it provides professional and support services, including implementation and deployment planning, and project management; requirements analysis, solution design, and configuration; systems environment management and deployment; services focused on advancing or transforming business and operating processes; technical consulting services on data migration and systems integrations; training; and ongoing managed services, such as outsourced systems administration. The company was formerly known as Verticals onDemand, Inc. and changed its name to Veeva Systems Inc. in April 2009. Veeva Systems Inc. was incorporated in 2007 and is headquartered in Pleasanton, California.

Company Details

  • SectorHealthcare
  • IndustryHealth Information Services
  • CEOMr. Peter P. Gassner
  • Employees7.93K
  • Headquarters4280 Hacienda Drive, Pleasanton, CA, United States, 94588, USA
  • Websitehttps://www.veeva.com

Leadership

  • Mr. Peter P. GassnerFounder, CEO & Director · b. 1965
  • Ms. Eleni Nitsa ZuppasPresident & Chief of Staff · b. 1970
  • Mr. Brian Van WagenerChief Financial Officer · b. 1983
  • Mr. Jonathan W. Faddis J.D.Senior VP, General Counsel & Corporate Secretary · b. 1972
  • Mr. Vipin KondathChief Accounting Officer · b. 1976
  • Ms. Catherine AllshouseChief Information Officer
  • Mr. Gunnar Georg HansenDirector of Investor Relations
  • Mr. Dan RizzoEVP of Sales, Consulting & Services
  • Ms. Vivian WelshChief People Officer
  • Mr. Paul ShawahExecutive Vice President of Strategy & Campaign Manager

Financials

Income Statement

Currency: USD2011-01-312012-01-312013-01-312014-01-312015-01-312016-01-312017-01-312018-01-312019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Total Revenue29.13M61.26M129.55M210.15M313.22M409.22M544.04M690.56M862.21M1.10B1.47B1.85B2.16B2.36B2.75B3.20B
Growth (%)-+110.31%+111.47%+62.22%+49.05%+30.65%+32.95%+26.93%+24.86%+28.05%+32.70%+26.33%+16.44%+9.68%+16.20%+16.34%
Cost of Revenue12.32M29.06M57.02M82.60M115.66M142.21M173.68M211.44M245.28M303.37M408.93M503.68M609.40M677.29M699.64M782.02M
Gross Profit16.81M32.21M72.53M127.55M197.56M267.01M370.36M479.14M616.93M800.71M1.06B1.35B1.55B1.69B2.05B2.41B
Gross Margin57.72%52.57%55.99%60.69%63.07%65.25%68.08%69.38%71.55%72.52%72.09%72.79%71.72%71.35%74.53%75.53%
Operating Expense11.72M25.57M42.50M88.25M127.60M188.42M249.67M321.21M394.06M514.49M678.35M841.60M1.09B1.26B1.36B1.50B
Operating Income5.09M6.64M30.03M39.30M69.97M78.59M120.69M157.93M222.87M286.22M377.79M505.50M459.09M429.33M691.43M916.37M
Operating Margin17.48%10.84%23.18%18.70%22.34%19.20%22.18%22.87%25.85%25.92%25.79%27.31%21.30%18.16%25.17%28.68%
EBITDA5.31M7.04M30.82M41.71M73.89M87.05M133.79M179.47M236.94M312.81M417.14M505.50M488.21M625.17M958.76M1.24B
EBITDA Margin18.23%11.50%23.79%19.85%23.59%21.27%24.59%25.99%27.48%28.33%28.47%27.31%22.65%26.45%34.91%38.96%
Net Income3.91M4.23M3.48M23.61M40.38M54.46M77.57M151.18M229.83M301.12M380.00M427.39M487.71M525.71M714.14M908.91M
Net Income Margin13.42%6.90%2.69%11.24%12.89%13.31%14.26%21.89%26.66%27.27%25.94%23.09%22.63%22.24%26.00%28.44%
R&D3.64M7.75M14.64M26.33M41.16M65.98M96.75M132.05M158.78M209.90M294.22M382.04M520.28M629.03M693.08M767.39M
R&D as % of Total Revenue12.49%12.65%11.30%12.53%13.14%16.12%17.78%19.12%18.42%19.01%20.08%20.64%24.14%26.61%25.23%24.02%
Interest Expense00000000027.48M16.20M-----
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%2.49%1.11%-----

Balance Sheet

Currency: USD2011-01-312012-01-312013-01-312014-01-312015-01-312016-01-312017-01-312018-01-312019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Total Assets-41.41M89.82M370.31M544.89M705.80M917.70M1.23B1.65B2.27B3.05B3.82B4.80B5.91B7.34B8.98B
Total Liabilities-27.31M55.85M90.21M138.06M200.55M264.72M324.10M416.02M606.18M779.75M904.83M1.09B1.27B1.51B1.76B
Total Equity-14.10M33.97M280.10M406.83M505.25M652.98M906.24M1.24B1.67B2.27B2.91B3.72B4.64B5.83B7.21B
Cash-16.88M31.89M262.51M129.25M132.18M217.61M320.18M550.97M476.73M730.50M1.14B886.47M703.49M1.12B1.42B
Total Debt---------54.83M63.12M54.59M60.98M55.77M75.78M95.86M
Net Debt--16.88M-31.89M-262.51M-129.25M-132.18M-217.61M-320.18M-550.97M-421.90M-667.39M-1.08B-825.49M-647.71M-1.04B-1.33B

Cash Flow

Currency: USD2011-01-312012-01-312013-01-312014-01-312015-01-312016-01-312017-01-312018-01-312019-01-312020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Operating Cash Flow4.90M4.74M30.80M41.75M67.57M80.15M144.01M233.44M310.83M437.38M551.25M764.46M780.47M911.34M1.09B1.42B
Investing Cash Flow-657.00K-1.68M-16.36M-26.58M-272.02M-96.68M-96.65M-154.52M-103.87M-516.91M-333.63M-346.15M-1.01B-1.08B-700.14M-1.10B
Financing Cash Flow887.00K49.00K575.00K215.44M71.26M19.45M37.98M20.77M25.91M10.01M33.82M-4.14M-19.38M-16.19M26.11M-9.33M
Capital Expenditure426.00K650.00K964.00K1.86M26.53M21.15M6.92M9.63M8.44M3.11M8.68M14.21M13.51M26.20M20.52M29.13M
Free Cash Flow4.48M4.09M29.84M39.89M41.04M59.00M137.09M223.81M302.39M434.26M542.56M750.25M766.96M885.14M1.07B1.39B
Dividends Paid---00000---3.76M----
FCF to OCF91.31%86.28%96.87%95.55%60.74%73.61%95.19%95.87%97.28%99.29%98.42%98.14%98.27%97.13%98.12%97.94%
Dividend Paid to FCF---0.00%0.00%0.00%0.00%0.00%---0.50%----

Earnings

Report DateDec 5, 2013Mar 4, 2014May 29, 2014Aug 28, 2014Nov 25, 2014Mar 3, 2015May 28, 2015Aug 27, 2015Nov 24, 2015Mar 1, 2016May 26, 2016Aug 30, 2016Nov 22, 2016Feb 28, 2017May 25, 2017Aug 24, 2017Dec 5, 2017Feb 27, 2018May 24, 2018Aug 23, 2018Nov 28, 2018Feb 26, 2019May 29, 2019Aug 27, 2019Nov 26, 2019Mar 3, 2020May 28, 2020Aug 27, 2020Dec 1, 2020Mar 2, 2021May 27, 2021Sep 1, 2021Dec 1, 2021Mar 2, 2022Jun 1, 2022Aug 31, 2022Dec 1, 2022Mar 1, 2023May 31, 2023Aug 30, 2023Dec 6, 2023Feb 29, 2024May 30, 2024Aug 28, 2024Dec 5, 2024Mar 5, 2025May 28, 2025Aug 27, 2025Nov 20, 2025Mar 4, 2026Jun 3, 2026Aug 26, 2026Nov 19, 2026
EPS Estimate0.050.060.050.070.080.090.100.110.110.110.110.130.160.170.180.200.210.210.310.340.380.400.450.490.540.520.590.640.680.680.780.860.880.880.921.011.071.040.801.131.291.301.421.531.581.581.741.901.951.942.141.621.68
EPS Actual0.060.070.070.090.090.120.120.130.120.150.150.150.220.220.220.230.250.230.330.390.450.450.500.550.600.540.660.720.780.780.910.940.970.900.991.031.131.150.911.211.341.381.501.621.751.741.971.992.042.062.242.35-
Surprise20.00%16.67%40.00%28.57%12.50%33.33%20.00%18.18%9.09%36.36%36.36%15.38%37.50%29.41%22.22%15.00%19.05%9.52%6.45%14.71%18.42%12.50%11.11%12.24%11.11%3.85%11.86%12.50%14.71%14.71%16.67%9.30%10.23%2.27%7.61%1.98%5.61%10.58%13.75%7.08%3.88%6.15%5.63%5.88%10.76%10.13%13.22%4.74%4.62%6.19%4.67%45.06%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap51.46B
Enterprise Value43.66B
Trailing P/E52.10
Forward P/E30.21
PEG Ratio1.21
Price / Sales14.88
Price / Book6.83
EPS6.10
Book Value45.92
Revenue (TTM)3.46B
Gross Profit (TTM)2.59B
EBITDA1.08B
Profit Margin29.35%
Operating Margin29.64%
Return on Equity14.43%
Return on Assets7.58%
Shares Outstanding161.91M
Shares Float148.27M
Beta0.93
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 29 analystsTarget 301.11
  • Strong Buy
    13
  • Buy
    7
  • Hold
    8
  • Strong Sell
    1

Ownership Breakdown

Institutions
93.21%
Insiders
8.62%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    12.86M7.94%
  • Vanguard Capital Management, LLC
    9.69M5.99%
  • Vanguard Portfolio Management, LLC
    7.41M4.58%
  • State Street Corp
    6.71M4.14%
  • Principal Financial Group Inc
    4.98M3.08%
  • AllianceBernstein L.P.
    4.91M3.03%
  • Geode Capital Management, LLC
    4.51M2.78%
  • Linonia Partnership LP
    4.41M2.72%
  • AQR Capital Management LLC
    3.50M2.16%
  • T. Rowe Price Associates, Inc.
    3.16M1.95%
  • T. Rowe Price Investment Management,Inc.
    3.04M1.88%
  • Schroder Investment Management Group
    2.17M1.34%
  • Federated Hermes Inc
    1.97M1.22%
  • Pictet Asset Manangement SA
    1.95M1.21%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    4.63M2.86%
  • Vanguard 500 Index Investor
    3.92M2.42%
  • Vanguard MStar Mid Cap Index Instl
    3.12M1.93%
  • Principal MidCap R5
    2.63M1.62%
  • iShares Core S&P 500 ETF
    1.99M1.23%
  • Fidelity 500 Index
    1.95M1.20%