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DGX vs. VEEV: Quest Diagnostics vs. Veeva Systems Stock Comparison

How do Quest Diagnostics (DGX) and Veeva Systems (VEEV) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Quest Diagnostics (DGX) and Veeva Systems (VEEV) both fall under the Health Care Equipment & Services industry group, but DGX is classified in Health Care Providers & Services while VEEV is classified in Health Care Technology.

Company profile comparison for Quest Diagnostics (DGX) and Veeva Systems (VEEV)
Profile ItemDGXVEEV
NameQuest Diagnostics IncorporatedVeeva Systems Inc.
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Providers & ServicesHealth Care Technology
GICS Sub-IndustryHealth Care ServicesHealth Care Technology
Market Capitalization28.21 billion USD49.18 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateDecember 17, 1996October 16, 2013
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

DGX
VEEV
GSPC
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Quest Diagnostics (DGX) vs. Veeva Systems (VEEV), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Quest Diagnostics (DGX) and Veeva Systems (VEEV). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Quest Diagnostics (DGX) and Veeva Systems (VEEV). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Quest Diagnostics (DGX) and Veeva Systems (VEEV)
MetricDGXVEEV
Total Return (1Y)45.88%3.92%
Total Return (3Y, Annualized)27.45%22.52%
Total Return (5Y, Annualized)14.84%-0.87%

Risk Profile

Drawdown History

DGX
VEEV
GSPC
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Quest Diagnostics (DGX) vs. Veeva Systems (VEEV), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Quest Diagnostics (DGX) and Veeva Systems (VEEV). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Quest Diagnostics (DGX) and Veeva Systems (VEEV)
MetricDGXVEEV
Volatility (1Y, Annualized)24.06%43.36%
Beta (5Y)0.540.88
Max Drawdown (5Y)-28.62%-52.79%
Avg. Volume (3M)1.00M1.64M

Risk-Adjusted Performance

Risk-Return Positioning

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DGX and VEEV are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Quest Diagnostics (DGX) and Veeva Systems (VEEV)
MetricDGXVEEV
Sharpe Ratio (1Y)1.73-0.01
Sortino Ratio (1Y)3.16-0.01

Profitability

ROE (TTM)

Both Quest Diagnostics (DGX) at 15.32% and Veeva Systems (VEEV) at 14.43% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

DGX

Health Care Equipment & Services industry group

15.32%

Max
47.61%
DGX
15.32%
Q3
14.36%
Median
5.45%
Q1
-10.67%
Min
-47.01%

VEEV

Health Care Equipment & Services industry group

14.43%

Max
47.61%
VEEV
14.43%
Q3
14.36%
Median
5.45%
Q1
-10.67%
Min
-47.01%
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Quest Diagnostics (DGX) vs. Veeva Systems (VEEV): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Quest Diagnostics (DGX) at 9.54% and Veeva Systems (VEEV) at 29.35% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

DGX

Health Care Equipment & Services industry group

9.54%

Max
29.35%
DGX
9.54%
Q3
9.33%
Median
2.18%
Q1
-6.29%
Min
-28.46%

VEEV

Health Care Equipment & Services industry group

29.35%

VEEV
29.35%
Max
29.35%
Q3
9.33%
Median
2.18%
Q1
-6.29%
Min
-28.46%
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Quest Diagnostics (DGX) vs. Veeva Systems (VEEV): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Both Quest Diagnostics (DGX) at 15.63% and Veeva Systems (VEEV) at 29.64% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

DGX

Health Care Equipment & Services industry group

15.63%

Max
35.43%
DGX
15.63%
Q3
14.14%
Median
6.81%
Q1
-0.28%
Min
-16.29%

VEEV

Health Care Equipment & Services industry group

29.64%

Max
35.43%
VEEV
29.64%
Q3
14.14%
Median
6.81%
Q1
-0.28%
Min
-16.29%
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Quest Diagnostics (DGX) vs. Veeva Systems (VEEV): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Quest Diagnostics (DGX) and Veeva Systems (VEEV)
MetricDGXVEEV
ROE (TTM)15.32%14.43%
ROA (TTM)6.61%7.58%
Net Margin (TTM)9.54%29.35%
Operating Margin (TTM)15.63%29.64%
Gross Margin (TTM)33.18%74.96%

Growth

Revenue Growth

Both Quest Diagnostics (DGX) at 11.78% and Veeva Systems (VEEV) at 16.34% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Quest Diagnostics (DGX) vs. Veeva Systems (VEEV): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Quest Diagnostics (DGX) at 13.78% and Veeva Systems (VEEV) at 25.93% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Quest Diagnostics (DGX) vs. Veeva Systems (VEEV): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Quest Diagnostics (DGX) and Veeva Systems (VEEV)
MetricDGXVEEV
Revenue Growth (YoY)11.78%16.34%
Revenue Growth (3Y CAGR)3.74%14.03%
EPS Growth (YoY)13.78%25.93%
EPS Growth (3Y CAGR)3.16%21.94%

Financial Strength

Current Ratio (MRQ)

Quest Diagnostics (DGX) at 1.70 keeps current ratio within its industry’s typical mid-range, while Veeva Systems (VEEV) at 5.46 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

DGX

Health Care Equipment & Services industry group

1.70

Max
7.59
Q3
4.00
Median
1.98
DGX
1.70
Q1
1.37
Min
0.30

VEEV

Health Care Equipment & Services industry group

5.46

Max
7.59
VEEV
5.46
Q3
4.00
Median
1.98
Q1
1.37
Min
0.30
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Quest Diagnostics (DGX) vs. Veeva Systems (VEEV): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Veeva Systems (VEEV) at 0.02 keeps leverage in the lower industry quartile, while Quest Diagnostics (DGX) at 0.80 runs a more typical debt-to-equity mix.

DGX

Health Care Equipment & Services industry group

0.80

Max
1.88
Q3
0.91
DGX
0.80
Median
0.58
Q1
0.16
Min
0.00

VEEV

Health Care Equipment & Services industry group

0.02

Max
1.88
Q3
0.91
Median
0.58
Q1
0.16
VEEV
0.02
Min
0.00
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Quest Diagnostics (DGX) vs. Veeva Systems (VEEV): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Quest Diagnostics (DGX) and Veeva Systems (VEEV)
MetricDGXVEEV
Current Ratio (MRQ)1.705.46
Debt / Equity (MRQ)0.800.02
Net Debt / EBITDA2.38-6.59

Dividends

Dividend Yield (TTM)

Veeva Systems (VEEV) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Quest Diagnostics (DGX) reports a yield of 1.33%, ranking against industry peers normally.

DGX

Health Care Equipment & Services industry group

1.33%

DGX
1.33%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

VEEV

Health Care Equipment & Services industry group

0.00%

VEEV
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Quest Diagnostics (DGX) vs. Veeva Systems (VEEV): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Veeva Systems (VEEV) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Quest Diagnostics (DGX) reports a payout of 25.10%, ranking against industry peers normally.

DGX

Health Care Equipment & Services industry group

25.10%

DGX
25.10%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

VEEV

Health Care Equipment & Services industry group

0.00%

VEEV
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Quest Diagnostics (DGX) vs. Veeva Systems (VEEV): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Quest Diagnostics (DGX) and Veeva Systems (VEEV)
MetricDGXVEEV
Dividend Yield (TTM)1.33%0.00%
Dividend Payout Ratio (TTM)25.10%0.00%

Valuation

P/E Ratio (TTM)

Quest Diagnostics (DGX) at 25.46 is near its industry’s usual P/E ratio, while Veeva Systems (VEEV) at 49.79 sits in the richer quartile — VEEV needs stronger growth or earnings quality to justify the premium.

DGX

Health Care Equipment & Services industry group

25.46

Max
80.41
Q3
47.62
Median
29.93
DGX
25.46
Q1
21.19
Min
4.21

VEEV

Health Care Equipment & Services industry group

49.79

Max
80.41
VEEV
49.79
Q3
47.62
Median
29.93
Q1
21.19
Min
4.21
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Quest Diagnostics (DGX) vs. Veeva Systems (VEEV): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

Quest Diagnostics (DGX) at 2.38 prices around its industry’s typical P/S ratio, while Veeva Systems (VEEV) at 14.22 clears its benchmark range — VEEV looks notably rich on sales.

DGX

Health Care Equipment & Services industry group

2.38

Max
8.80
Q3
4.32
DGX
2.38
Median
2.13
Q1
1.10
Min
0.03

VEEV

Health Care Equipment & Services industry group

14.22

VEEV
14.22
Max
8.80
Q3
4.32
Median
2.13
Q1
1.10
Min
0.03
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Quest Diagnostics (DGX) vs. Veeva Systems (VEEV): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

Quest Diagnostics (DGX) at 3.68 is valued about in line with its industry on P/B ratio, while Veeva Systems (VEEV) at 6.61 carries an above-peer premium to book — VEEV is pricier on assets.

DGX

Health Care Equipment & Services industry group

3.68

Max
11.68
Q3
6.12
DGX
3.68
Median
3.00
Q1
1.73
Min
-1.31

VEEV

Health Care Equipment & Services industry group

6.61

Max
11.68
VEEV
6.61
Q3
6.12
Median
3.00
Q1
1.73
Min
-1.31
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Quest Diagnostics (DGX) vs. Veeva Systems (VEEV): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Quest Diagnostics (DGX) and Veeva Systems (VEEV)
MetricDGXVEEV
P/E Ratio (TTM)25.4649.79
P/S Ratio (TTM)2.3814.22
P/B Ratio (MRQ)3.686.61
Free Cash Flow Yield (TTM)3.09%2.56%