EW vs. VEEV: Edwards Lifesciences vs. Veeva Systems Stock Comparison

November 11, 2026

How do Edwards Lifesciences (EW) 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

Edwards Lifesciences (EW) and Veeva Systems (VEEV) both fall under the Health Care Equipment & Services industry group, but EW is classified in Health Care Equipment & Supplies while VEEV is classified in Health Care Technology.

Company profile comparison for Edwards Lifesciences (EW) and Veeva Systems (VEEV)
Profile Item	EW	VEEV
Name	Edwards Lifesciences Corporation	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	58.73 billion USD	49.18 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 27, 2000	October 16, 2013
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

VEEV

GSPC

Edwards Lifesciences (EW) 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 Edwards Lifesciences (EW) and Veeva Systems (VEEV). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Edwards Lifesciences (EW) and Veeva Systems (VEEV)
Metric	EW	VEEV
Total Return (1Y)	25.08%	3.92%
Total Return (3Y, Annualized)	17.28%	22.52%
Total Return (5Y, Annualized)	-2.77%	-0.87%

Risk Profile

Drawdown History

VEEV

GSPC

Edwards Lifesciences (EW) 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 Edwards Lifesciences (EW) and Veeva Systems (VEEV). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Edwards Lifesciences (EW) and Veeva Systems (VEEV)
Metric	EW	VEEV
Volatility (1Y, Annualized)	25.58%	43.36%
Beta (5Y)	0.78	0.88
Max Drawdown (5Y)	-54.32%	-52.79%
Avg. Volume (3M)	3.69M	1.64M

Risk-Adjusted Performance

Risk-Return Positioning

EW 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 Edwards Lifesciences (EW) and Veeva Systems (VEEV)
Metric	EW	VEEV
Sharpe Ratio (1Y)	0.81	-0.01
Sortino Ratio (1Y)	1.23	-0.01

Profitability

ROE (TTM)

Veeva Systems (VEEV) at 14.43% sits in the top ROE quartile, while Edwards Lifesciences (EW) at 9.33% is closer to the peer norm — stronger capital efficiency for VEEV.

EW

Health Care Equipment & Services industry group

9.33%

Max: 47.61%
Q3: 14.36%
EW: 9.33%
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%

Edwards Lifesciences (EW) 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 Edwards Lifesciences (EW) at 15.30% 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.

EW

Health Care Equipment & Services industry group

15.30%

Max: 29.35%
EW: 15.30%
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%

Edwards Lifesciences (EW) vs. Veeva Systems (VEEV): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Both Edwards Lifesciences (EW) at 30.15% 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.

EW

Health Care Equipment & Services industry group

30.15%

Max: 35.43%
EW: 30.15%
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%

Edwards Lifesciences (EW) vs. Veeva Systems (VEEV): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Edwards Lifesciences (EW) and Veeva Systems (VEEV)
Metric	EW	VEEV
ROE (TTM)	9.33%	14.43%
ROA (TTM)	8.77%	7.58%
Net Margin (TTM)	15.30%	29.35%
Operating Margin (TTM)	30.15%	29.64%
Gross Margin (TTM)	78.02%	74.96%

Growth

Revenue Growth

Both Edwards Lifesciences (EW) at 11.55% 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.

Edwards Lifesciences (EW) vs. Veeva Systems (VEEV): A comparison of their Revenue Growth across different time periods.

EPS Growth

Veeva Systems (VEEV) at 25.93% is around its peer norm for EPS growth, while Edwards Lifesciences (EW) at -73.74% drops into the bottom quartile, signaling weaker earnings momentum.

Edwards Lifesciences (EW) vs. Veeva Systems (VEEV): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Edwards Lifesciences (EW) and Veeva Systems (VEEV)
Metric	EW	VEEV
Revenue Growth (YoY)	11.55%	16.34%
Revenue Growth (3Y CAGR)	10.77%	14.03%
EPS Growth (YoY)	-73.74%	25.93%
EPS Growth (3Y CAGR)	-9.14%	21.94%

Financial Strength

Current Ratio (MRQ)

Both Edwards Lifesciences (EW) at 4.60 and Veeva Systems (VEEV) at 5.46 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.

EW

Health Care Equipment & Services industry group

4.60

Max: 7.59
EW: 4.60
Q3: 4.00
Median: 1.98
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

Edwards Lifesciences (EW) vs. Veeva Systems (VEEV): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Both Edwards Lifesciences (EW) at 0.06 and Veeva Systems (VEEV) at 0.02 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

EW

Health Care Equipment & Services industry group

0.06

Max: 1.88
Q3: 0.91
Median: 0.58
Q1: 0.16
EW: 0.06
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

Edwards Lifesciences (EW) 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 Edwards Lifesciences (EW) and Veeva Systems (VEEV)
Metric	EW	VEEV
Current Ratio (MRQ)	4.60	5.46
Debt / Equity (MRQ)	0.06	0.02
Net Debt / EBITDA	-1.88	-6.59

Dividends

Dividend Yield (TTM)

Neither Edwards Lifesciences (EW) nor Veeva Systems (VEEV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

EW

Health Care Equipment & Services industry group

0.00%

EW: 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%

Edwards Lifesciences (EW) vs. Veeva Systems (VEEV): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Edwards Lifesciences (EW) nor Veeva Systems (VEEV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

EW

Health Care Equipment & Services industry group

0.00%

EW: 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%

Edwards Lifesciences (EW) vs. Veeva Systems (VEEV): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Edwards Lifesciences (EW) and Veeva Systems (VEEV)
Metric	EW	VEEV
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

Both Edwards Lifesciences (EW) at 59.38 and Veeva Systems (VEEV) at 49.79 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.

EW

Health Care Equipment & Services industry group

59.38

Max: 80.41
EW: 59.38
Q3: 47.62
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

Edwards Lifesciences (EW) vs. Veeva Systems (VEEV): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

Both look expensive on sales: Edwards Lifesciences (EW) at 8.80 sits in the upper P/S ratio quartile, and Veeva Systems (VEEV) at 14.22 prices even higher, above its industry range.

EW

Health Care Equipment & Services industry group

8.80

EW: 8.80
Max: 8.80
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

Edwards Lifesciences (EW) vs. Veeva Systems (VEEV): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

Edwards Lifesciences (EW) at 5.41 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.

EW

Health Care Equipment & Services industry group

5.41

Max: 11.68
Q3: 6.12
EW: 5.41
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

Edwards Lifesciences (EW) 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 Edwards Lifesciences (EW) and Veeva Systems (VEEV)
Metric	EW	VEEV
P/E Ratio (TTM)	59.38	49.79
P/S Ratio (TTM)	8.80	14.22
P/B Ratio (MRQ)	5.41	6.61
Free Cash Flow Yield (TTM)	1.95%	2.56%