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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.

Company profile comparison for IDEXX Laboratories (IDXX) and Veeva Systems (VEEV)
Profile ItemIDXXVEEV
NameIDEXX Laboratories, Inc.Veeva Systems Inc.
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & SuppliesHealth Care Technology
GICS Sub-IndustryHealth Care EquipmentHealth Care Technology
Market Capitalization53.26 billion USD49.18 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJune 21, 1991October 16, 2013
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

IDXX
VEEV
GSPC
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IDEXX Laboratories (IDXX) 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 IDEXX Laboratories (IDXX) and Veeva Systems (VEEV). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for IDEXX Laboratories (IDXX) and Veeva Systems (VEEV)
MetricIDXXVEEV
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

IDXX
VEEV
GSPC
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IDEXX Laboratories (IDXX) 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 IDEXX Laboratories (IDXX) and Veeva Systems (VEEV). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for IDEXX Laboratories (IDXX) and Veeva Systems (VEEV)
MetricIDXXVEEV
Volatility (1Y, Annualized)37.02%43.36%
Beta (5Y)1.440.88
Max Drawdown (5Y)-50.91%-52.79%
Avg. Volume (3M)564.80K1.64M

Risk-Adjusted Performance

Risk-Return Positioning

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IDXX 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 IDEXX Laboratories (IDXX) and Veeva Systems (VEEV)
MetricIDXXVEEV
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%
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IDEXX Laboratories (IDXX) 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 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%
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IDEXX Laboratories (IDXX) vs. Veeva Systems (VEEV): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

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%
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IDEXX Laboratories (IDXX) vs. Veeva Systems (VEEV): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for IDEXX Laboratories (IDXX) and Veeva Systems (VEEV)
MetricIDXXVEEV
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.

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IDEXX Laboratories (IDXX) vs. Veeva Systems (VEEV): A comparison of their Revenue Growth across different time periods.

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.

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IDEXX Laboratories (IDXX) vs. Veeva Systems (VEEV): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for IDEXX Laboratories (IDXX) and Veeva Systems (VEEV)
MetricIDXXVEEV
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
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IDEXX Laboratories (IDXX) 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 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
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IDEXX Laboratories (IDXX) 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 IDEXX Laboratories (IDXX) and Veeva Systems (VEEV)
MetricIDXXVEEV
Current Ratio (MRQ)1.195.46
Debt / Equity (MRQ)0.520.02
Net Debt / EBITDA0.46-6.59

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%
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IDEXX Laboratories (IDXX) vs. Veeva Systems (VEEV): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

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%
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IDEXX Laboratories (IDXX) vs. Veeva Systems (VEEV): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for IDEXX Laboratories (IDXX) and Veeva Systems (VEEV)
MetricIDXXVEEV
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
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IDEXX Laboratories (IDXX) vs. Veeva Systems (VEEV): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

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

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
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IDEXX Laboratories (IDXX) 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 IDEXX Laboratories (IDXX) and Veeva Systems (VEEV)
MetricIDXXVEEV
P/E Ratio (TTM)45.5649.79
P/S Ratio (TTM)11.4214.22
P/B Ratio (MRQ)28.506.61
Free Cash Flow Yield (TTM)2.00%2.56%