DXCM vs. VEEV: DexCom vs. Veeva Systems Stock Comparison
How do DexCom (DXCM) 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
DexCom (DXCM) and Veeva Systems (VEEV) both fall under the Health Care Equipment & Services industry group, but DXCM is classified in Health Care Equipment & Supplies while VEEV is classified in Health Care Technology.
| Profile Item | DXCM | VEEV |
|---|---|---|
| Name | DexCom Inc. | Veeva Systems Inc. |
| Country/Region | United States | United States |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Health Care Equipment & Services | Health Care Equipment & Services |
| GICS Industry | Health Care Equipment & Supplies | Health Care Technology |
| GICS Sub-Industry | Health Care Equipment | Health Care Technology |
| Market Capitalization | 29.62 billion USD | 49.18 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | April 14, 2005 | October 16, 2013 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DXCM | VEEV |
|---|---|---|
| Total Return (1Y) | 46.33% | 3.92% |
| Total Return (3Y, Annualized) | -4.50% | 22.52% |
| Total Return (5Y, Annualized) | -12.76% | -0.87% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DXCM | VEEV |
|---|---|---|
| Volatility (1Y, Annualized) | 38.37% | 43.36% |
| Beta (5Y) | 1.43 | 0.88 |
| Max Drawdown (5Y) | -66.32% | -52.79% |
| Avg. Volume (3M) | 4.34M | 1.64M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DXCM | VEEV |
|---|---|---|
| Sharpe Ratio (1Y) | 1.10 | -0.01 |
| Sortino Ratio (1Y) | 1.79 | -0.01 |
Profitability
ROE (TTM)
Both DexCom (DXCM) at 37.67% 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.
DXCM
Health Care Equipment & Services industry group
37.67%
- Max
- 47.61%
- DXCM
- 37.67%
- 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%
Net Margin (TTM)
For every dollar of sales, both DexCom (DXCM) at 19.42% 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.
DXCM
Health Care Equipment & Services industry group
19.42%
- Max
- 29.35%
- DXCM
- 19.42%
- 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%
Operating Margin (TTM)
Both DexCom (DXCM) at 24.34% 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.
DXCM
Health Care Equipment & Services industry group
24.34%
- Max
- 35.43%
- DXCM
- 24.34%
- 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%
Profitability Metrics
| Metric | DXCM | VEEV |
|---|---|---|
| ROE (TTM) | 37.67% | 14.43% |
| ROA (TTM) | 11.14% | 7.58% |
| Net Margin (TTM) | 19.42% | 29.35% |
| Operating Margin (TTM) | 24.34% | 29.64% |
| Gross Margin (TTM) | 63.42% | 74.96% |
Growth
Revenue Growth
Both DexCom (DXCM) at 15.60% 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.
EPS Growth
DexCom (DXCM) at 47.18% sits in the top EPS growth quartile, while Veeva Systems (VEEV) at 25.93% is closer to the peer norm — faster per-share earnings growth for DXCM.
Growth Metrics
| Metric | DXCM | VEEV |
|---|---|---|
| Revenue Growth (YoY) | 15.60% | 16.34% |
| Revenue Growth (3Y CAGR) | 17.01% | 14.03% |
| EPS Growth (YoY) | 47.18% | 25.93% |
| EPS Growth (3Y CAGR) | 36.60% | 21.94% |
Financial Strength
Current Ratio (MRQ)
DexCom (DXCM) at 1.74 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.
DXCM
Health Care Equipment & Services industry group
1.74
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- DXCM
- 1.74
- 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
Debt / Equity (MRQ)
Veeva Systems (VEEV) at 0.02 keeps leverage in the lower industry quartile, while DexCom (DXCM) at 0.55 runs a more typical debt-to-equity mix.
DXCM
Health Care Equipment & Services industry group
0.55
- Max
- 1.88
- Q3
- 0.91
- Median
- 0.58
- DXCM
- 0.55
- 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
Financial Strength Metrics
| Metric | DXCM | VEEV |
|---|---|---|
| Current Ratio (MRQ) | 1.74 | 5.46 |
| Debt / Equity (MRQ) | 0.55 | 0.02 |
| Net Debt / EBITDA | -0.28 | -6.59 |
Dividends
Dividend Yield (TTM)
Neither DexCom (DXCM) nor Veeva Systems (VEEV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
DXCM
Health Care Equipment & Services industry group
0.00%
- DXCM
- 0.00%
- 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%
Dividend Payout Ratio (TTM)
Neither DexCom (DXCM) nor Veeva Systems (VEEV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
DXCM
Health Care Equipment & Services industry group
0.00%
- DXCM
- 0.00%
- 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%
Dividend Metrics
| Metric | DXCM | VEEV |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
DexCom (DXCM) at 31.26 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.
DXCM
Health Care Equipment & Services industry group
31.26
- Max
- 80.41
- Q3
- 47.62
- DXCM
- 31.26
- Median
- 29.93
- 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
P/S Ratio (TTM)
Both look expensive on sales: DexCom (DXCM) at 5.80 sits in the upper P/S ratio quartile, and Veeva Systems (VEEV) at 14.22 prices even higher, above its industry range.
DXCM
Health Care Equipment & Services industry group
5.80
- Max
- 8.80
- DXCM
- 5.80
- Q3
- 4.32
- 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
P/B Ratio (MRQ)
Both DexCom (DXCM) at 11.68 and Veeva Systems (VEEV) at 6.61 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
DXCM
Health Care Equipment & Services industry group
11.68
- DXCM
- 11.68
- Max
- 11.68
- Q3
- 6.12
- 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
Valuation Metrics
| Metric | DXCM | VEEV |
|---|---|---|
| P/E Ratio (TTM) | 31.26 | 49.79 |
| P/S Ratio (TTM) | 5.80 | 14.22 |
| P/B Ratio (MRQ) | 11.68 | 6.61 |
| Free Cash Flow Yield (TTM) | 2.74% | 2.56% |