IDXX vs. VEEV: IDEXX Laboratories vs. Veeva Systems Stock Comparison
How do IDEXX Laboratories (IDXX) 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
IDEXX Laboratories (IDXX) and Veeva Systems (VEEV) both fall under the Health Care Equipment & Services industry group, but IDXX is classified in Health Care Equipment & Supplies while VEEV is classified in Health Care Technology.
| Profile Item | IDXX | VEEV |
|---|---|---|
| Name | IDEXX Laboratories, 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 | 53.26 billion USD | 49.18 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | June 21, 1991 | October 16, 2013 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | IDXX | VEEV |
|---|---|---|
| Total Return (1Y) | -1.84% | 3.92% |
| Total Return (3Y, Annualized) | 18.42% | 22.52% |
| Total Return (5Y, Annualized) | 2.02% | -0.87% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | IDXX | VEEV |
|---|---|---|
| Volatility (1Y, Annualized) | 37.02% | 43.36% |
| Beta (5Y) | 1.44 | 0.88 |
| Max Drawdown (5Y) | -50.91% | -52.79% |
| Avg. Volume (3M) | 564.80K | 1.64M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | IDXX | VEEV |
|---|---|---|
| Sharpe Ratio (1Y) | -0.17 | -0.01 |
| Sortino Ratio (1Y) | -0.28 | -0.01 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but IDEXX Laboratories (IDXX) at 68.93% is the standout with ROE above its industry range; Veeva Systems (VEEV) at 14.43% also sits in the top quartile.
IDXX
Health Care Equipment & Services industry group
68.93%
- IDXX
- 68.93%
- Max
- 47.61%
- 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 IDEXX Laboratories (IDXX) at 25.36% 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.
IDXX
Health Care Equipment & Services industry group
25.36%
- Max
- 29.35%
- IDXX
- 25.36%
- 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 IDEXX Laboratories (IDXX) at 33.14% 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.
IDXX
Health Care Equipment & Services industry group
33.14%
- Max
- 35.43%
- IDXX
- 33.14%
- 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 | IDXX | VEEV |
|---|---|---|
| ROE (TTM) | 68.93% | 14.43% |
| ROA (TTM) | 26.70% | 7.58% |
| Net Margin (TTM) | 25.36% | 29.35% |
| Operating Margin (TTM) | 33.14% | 29.64% |
| Gross Margin (TTM) | 62.72% | 74.96% |
Growth
Revenue Growth
Both IDEXX Laboratories (IDXX) at 10.42% 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
Both IDEXX Laboratories (IDXX) at 22.59% 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.
Growth Metrics
| Metric | IDXX | VEEV |
|---|---|---|
| Revenue Growth (YoY) | 10.42% | 16.34% |
| Revenue Growth (3Y CAGR) | 8.52% | 14.03% |
| EPS Growth (YoY) | 22.59% | 25.93% |
| EPS Growth (3Y CAGR) | 17.66% | 21.94% |
Financial Strength
Current Ratio (MRQ)
Veeva Systems (VEEV) at 5.46 carries current ratio above its industry’s typical mid-range, while IDEXX Laboratories (IDXX) at 1.19 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
IDXX
Health Care Equipment & Services industry group
1.19
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- IDXX
- 1.19
- 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 IDEXX Laboratories (IDXX) at 0.52 runs a more typical debt-to-equity mix.
IDXX
Health Care Equipment & Services industry group
0.52
- Max
- 1.88
- Q3
- 0.91
- Median
- 0.58
- IDXX
- 0.52
- 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 | IDXX | VEEV |
|---|---|---|
| Current Ratio (MRQ) | 1.19 | 5.46 |
| Debt / Equity (MRQ) | 0.52 | 0.02 |
| Net Debt / EBITDA | 0.46 | -6.59 |
Dividends
Dividend Yield (TTM)
Neither IDEXX Laboratories (IDXX) nor Veeva Systems (VEEV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
IDXX
Health Care Equipment & Services industry group
0.00%
- IDXX
- 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 IDEXX Laboratories (IDXX) nor Veeva Systems (VEEV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
IDXX
Health Care Equipment & Services industry group
0.00%
- IDXX
- 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 | IDXX | VEEV |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
IDEXX Laboratories (IDXX) at 45.56 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.
IDXX
Health Care Equipment & Services industry group
45.56
- Max
- 80.41
- Q3
- 47.62
- IDXX
- 45.56
- 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)
Investors are paying well above the peer range per dollar of sales for both IDEXX Laboratories (IDXX) at 11.42 and Veeva Systems (VEEV) at 14.22 — each P/S ratio clears its industry’s benchmark range.
IDXX
Health Care Equipment & Services industry group
11.42
- IDXX
- 11.42
- 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
P/B Ratio (MRQ)
Both look rich against book: Veeva Systems (VEEV) at 6.61 sits in the upper P/B ratio quartile, and IDEXX Laboratories (IDXX) at 28.50 prices even higher, above its industry range.
IDXX
Health Care Equipment & Services industry group
28.50
- IDXX
- 28.50
- 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 | IDXX | VEEV |
|---|---|---|
| P/E Ratio (TTM) | 45.56 | 49.79 |
| P/S Ratio (TTM) | 11.42 | 14.22 |
| P/B Ratio (MRQ) | 28.50 | 6.61 |
| Free Cash Flow Yield (TTM) | 2.00% | 2.56% |