Veeva Systems Inc.

VEEV Healthcare Health Information Services

Veeva Systems Inc.’s revenue for fiscal 2026 (year ended January 2026) was $3.2 billion, up 16.3% from fiscal 2025. In the quarter to July 2026, revenue grew 17.6%, EPS grew 36.6% and free cash flow was flat, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years, operating cash flow growth for ten.

310.30 2.73 −0.87%
Market cap
$50.7B
P/E
50.0×
Fwd P/E
26.9×
Dividend yield
—
F-score
7/9
Altman Z
13.57
Beneish M
−2.63
Dividend safety
n/a

Veeva Systems Inc. (VEEV) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Veeva Systems Inc. (VEEV) trades at a price to free cash flow of 30.7×. Over the past ten years it has ranged from 15.3× (June 2026) to 96.4× (October 2020); the current reading is higher than 13% of that period. That is above the Health Information Services industry median of 19.0× and above the Healthcare sector median of 20.2×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2026 24.0× (31.99%)
FY2025 35.3× (6.14%)
FY2024 37.6× 8.87%
FY2023 34.6× (28.49%)
FY2022 48.3× (38.50%)
FY2021 78.6× 57.01%
FY2020 50.0× (4.26%)
FY2019 52.3× 31.59%
FY2018 39.7× (5.62%)
FY2017 42.1× (23.33%)

Quarterly newest first

Period Price to free cash flow Change
Jul 2026 20.2× 29.97%
Apr 2026 15.5× (35.31%)
Jan 2026 24.0× (32.09%)
Oct 2025 35.4× 1.06%
43 more quarters

Against its own ten years

Low 15.3× High 96.4×
Ten-year median 39.8×
Current reading's percentile 13

Price to free cash flow against peers

Company Price to free cash flow
TEM Tempus AI, Inc. compare n/m
HTFL Heartflow, Inc. compare n/m
HQY HealthEquity, Inc. compare 17.6×
DOCS Doximity, Inc. compare 19.0×
WAY Waystar Holding Corp. compare 21.3×
HNGE Hinge Health Inc. compare 27.6×
VEEV Veeva Systems Inc. 30.7×
BTSG BrightSpring Health Services, Inc. compare 31.2×
TXG 10x Genomics compare 75.4×
Health Information Services industry median 19.0×
Healthcare sector median 20.2×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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