HealthEquity [HQY] vs Veeva Systems [VEEV] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 20 vital metrics comparison: HealthEquity Inc. wins in 7 metrics, Veeva Systems Inc. wins in 13 metrics, with 0 ties. Veeva Systems Inc. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric HealthEquity Inc. Veeva Systems Inc. Better
P/E Ratio (TTM) 31.61 29.57 Veeva Systems Inc.
Price-to-Book Ratio 3.14 3.66 HealthEquity Inc.
Debt-to-Equity Ratio 47.53 1.33 Veeva Systems Inc.
PEG Ratio 0.34 1.22 HealthEquity Inc.
EV/EBITDA 15.04 20.16 HealthEquity Inc.
Profit Margin (TTM) 16.39% 28.45% Veeva Systems Inc.
Operating Margin (TTM) 21.64% 29.41% Veeva Systems Inc.
EBITDA Margin (TTM) 21.64% 29.41% Veeva Systems Inc.
Return on Equity 10.19% 13.93% Veeva Systems Inc.
Return on Assets (TTM) 5.99% 7.25% Veeva Systems Inc.
Free Cash Flow (TTM) $408.32M $1.42B Veeva Systems Inc.
1-Year Return -15.67% -43.54% HealthEquity Inc.
Price-to-Sales Ratio (TTM) 5.00 8.29 HealthEquity Inc.
Enterprise Value $7.25B $19.85B Veeva Systems Inc.
EV/Revenue Ratio 5.52 6.21 HealthEquity Inc.
Gross Profit Margin (TTM) 68.19% 74.46% Veeva Systems Inc.
Revenue per Share (TTM) $15 $20 Veeva Systems Inc.
Earnings per Share (Diluted) $2.46 $5.45 Veeva Systems Inc.
Beta (Stock Volatility) 0.26 1.10 HealthEquity Inc.
Short % of Float 4.74% 3.90% Veeva Systems Inc.

HealthEquity Inc. vs Veeva Systems Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
HealthEquity Inc.-1.55%-0.99%5.84%10.55%-9.17%-4.50%
Veeva Systems Inc.1.65%-3.03%2.08%-12.47%-26.32%-26.12%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
HealthEquity Inc.-15.67%41.37%14.18%203.78%421.18%421.18%
Veeva Systems Inc.-43.54%-20.25%-47.98%374.26%259.41%259.41%

Performance & Financial Health Analysis: HealthEquity Inc. vs Veeva Systems Inc.

MetricHQYVEEV
Market Information
Market Cap i$6.57B$26.49B
Market Cap CategoryMid capLarge cap
10 Day Avg. Volume i1,020,0702,223,070
90 Day Avg. Volume i1,022,1032,094,990
Last Close$86.97$162.17
52 Week Range$72.76 - $106.60$148.05 - $310.50
% from 52W High-18.41%-47.77%
All-Time High$116.65 (Jun 05, 2025)$343.96 (Aug 02, 2021)
% from All-Time High-25.44%-52.85%
Growth Metrics
Quarterly Revenue Growth0.07%0.16%
Quarterly Earnings Growth0.89%0.25%
Financial Health
Profit Margin (TTM) i0.16%0.28%
Operating Margin (TTM) i0.22%0.29%
Return on Equity (TTM) i0.10%0.14%
Debt to Equity (MRQ) i47.531.33
Cash & Liquidity
Book Value per Share (MRQ)$24.79$44.05
Cash per Share (MRQ)$3.78$40.17
Operating Cash Flow (TTM) i$457.09M$1.42B
Levered Free Cash Flow (TTM) i$338.05M$1.05B
Dividends
Last 12-Month Dividend Yield iN/AN/A
Last 12-Month Dividend iN/AN/A

Valuation & Enterprise Metrics Analysis: HealthEquity Inc. vs Veeva Systems Inc.

MetricHQY (Apr 24, 2026)VEEV (Apr 26, 2026)
Price Ratios
P/E Ratio (TTM) i31.6129.57
Forward P/E i14.5616.30
PEG Ratio i0.341.22
Price to Sales (TTM) i5.008.29
Price to Book (MRQ) i3.143.66
Market Capitalization
Market Capitalization i$6.57B$26.49B
Enterprise Value i$7.25B$19.85B
Enterprise Value Metrics
Enterprise to Revenue i5.526.21
Enterprise to EBITDA i15.0420.16
Risk & Other Metrics
Beta i0.261.10
Book Value per Share (MRQ) i$24.79$44.05

Financial Statements Comparison: HealthEquity Inc. vs Veeva Systems Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricHQY (2026)VEEV (2026)
Revenue/Sales i1.31B3.20B
Cost of Goods Sold i400.31M782.02M
COGS % of Revenue i30.5%24.5%
Gross Profit i913.12M2.41B
Gross Margin i69.5%75.5%
Research & Development i262.51M767.39M
Operating Income (EBIT) i327.48M916.37M
Operating Margin i24.9%28.7%
EBITDA i494.24M944.36M
EBITDA Margin i37.6%29.6%
Pre-Tax Income i277.43M1.19B
Pre-Tax Income % of Revenue i21.1%37.4%
Income Tax i62.23M285.60M
Income Tax % of Revenue i4.7%8.9%
Net Income (Profit) i215.20M908.91M
Profit Margin i16.4%28.4%

Balance Sheet & Liquidity Metrics

MetricHQY (2026)VEEV (2026)
Cash & Equivalents i318.93M1.42B
Total Current Assets i512.28M8.00B
Total Current Assets % of Revenue i39.0%250.3%
Total Current Liabilities i156.85M1.64B
Total Current Liabilities % of Revenue i11.9%51.2%
Long-Term Debt i991.57M83.71M
Long-Term Debt % of Revenue i75.5%2.6%
Total Shareholders Equity i2.11B7.21B
Retained Earnings i195.91M4.36B
Retained Earnings % of Revenue i14.9%136.6%
Property, Plant & Equipment i36.31M0

Cash Flow Statement Comparison

MetricHQY (2026)VEEV (2026)
Operating Cash Flow i457.11M1.46B
Operating Cash Flow % of Revenue i34.8%45.6%
Capital Expenditures i-1.97MN/A
Free Cash Flow i408.32M1.42B
FCF Margin i31.1%44.3%
Debt Repayment i-100.00MN/A
Common Stock Repurchase i-299.25M-169.95M

Short Interest & Institutional Ownership Analysis

MetricHQYVEEV
Shares Short i3.45M5.82M
Short Ratio i3.522.75
Short % of Float i4.74%3.90%
Shares Outstanding i85.01M163.78M
Float Shares i82.74M149.83M
% Held by Insiders i2.32%8.57%
% Held by Institutions i109.95%89.44%
% Held by Public i-12.27%1.99%

Dividend Analysis & Yield Comparison: HealthEquity Inc. vs Veeva Systems Inc.

MetricHQYVEEV
Last 12-Month Dividend iN/AN/A
Last 12-Month Dividend Yield iN/AN/A
3-Year Avg Annual Dividend iN/AN/A
3-Year Avg Dividend Yield iN/AN/A
3-Year Total Dividends iN/AN/A
Ex-Dividend DateN/AN/A