Veeva Systems Inc. (VEEV) Return on equity 2017–2026
Veeva Systems Inc. (VEEV) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
12.6%FY2026 · since FY2017: 11.4% → 12.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 12.6% | +0.4 pp |
| FY2025 | 12.2% | +0.9 pp |
| FY2024 | 11.3% | -1.8 pp |
| FY2023 | 13.1% | -1.6 pp |
| FY2022 | 14.7% | -2.1 pp |
| FY2021 | 16.8% | -1.3 pp |
| FY2020 | 18.1% | -0.5 pp |
| FY2019 | 18.6% | +1.9 pp |
| FY2018 | 16.7% | +5.2 pp |
| FY2017 | 11.4% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice