THC vs. VEEV: Tenet Healthcare vs. Veeva Systems Stock Comparison
How do Tenet Healthcare (THC) 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
Tenet Healthcare (THC) and Veeva Systems (VEEV) both fall under the Health Care Equipment & Services industry group, but THC is classified in Health Care Providers & Services while VEEV is classified in Health Care Technology.
| Profile Item | THC | VEEV |
|---|---|---|
| Name | Tenet Healthcare Corp. | 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 Providers & Services | Health Care Technology |
| GICS Sub-Industry | Health Care Facilities | Health Care Technology |
| Market Capitalization | 22.55 billion USD | 49.18 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | October 16, 2013 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | THC | VEEV |
|---|---|---|
| Total Return (1Y) | 43.40% | 3.92% |
| Total Return (3Y, Annualized) | 77.47% | 22.52% |
| Total Return (5Y, Annualized) | 29.92% | -0.87% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | THC | VEEV |
|---|---|---|
| Volatility (1Y, Annualized) | 43.80% | 43.36% |
| Beta (5Y) | 1.17 | 0.88 |
| Max Drawdown (5Y) | -58.88% | -52.79% |
| Avg. Volume (3M) | 768.24K | 1.64M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | THC | VEEV |
|---|---|---|
| Sharpe Ratio (1Y) | 0.89 | -0.01 |
| Sortino Ratio (1Y) | 1.71 | -0.01 |
Profitability
ROE (TTM)
Both Tenet Healthcare (THC) at 41.70% 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.
THC
Health Care Equipment & Services industry group
41.70%
- Max
- 47.61%
- THC
- 41.70%
- 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 Tenet Healthcare (THC) at 13.09% 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.
THC
Health Care Equipment & Services industry group
13.09%
- Max
- 29.35%
- THC
- 13.09%
- 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 Tenet Healthcare (THC) at 19.04% 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.
THC
Health Care Equipment & Services industry group
19.04%
- Max
- 35.43%
- THC
- 19.04%
- 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 | THC | VEEV |
|---|---|---|
| ROE (TTM) | 41.70% | 14.43% |
| ROA (TTM) | 8.68% | 7.58% |
| Net Margin (TTM) | 13.09% | 29.35% |
| Operating Margin (TTM) | 19.04% | 29.64% |
| Gross Margin (TTM) | 42.47% | 74.96% |
Growth
Revenue Growth
Veeva Systems (VEEV) at 16.34% is around its peer norm for revenue growth, while Tenet Healthcare (THC) at 3.07% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Veeva Systems (VEEV) at 25.93% is around its peer norm for EPS growth, while Tenet Healthcare (THC) at -52.63% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | THC | VEEV |
|---|---|---|
| Revenue Growth (YoY) | 3.07% | 16.34% |
| Revenue Growth (3Y CAGR) | 3.58% | 14.03% |
| EPS Growth (YoY) | -52.63% | 25.93% |
| EPS Growth (3Y CAGR) | 59.88% | 21.94% |
Financial Strength
Current Ratio (MRQ)
Tenet Healthcare (THC) at 1.59 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.
THC
Health Care Equipment & Services industry group
1.59
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- THC
- 1.59
- 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 quartile, while Tenet Healthcare (THC) at 1.38 sits in the higher-leverage quartile.
THC
Health Care Equipment & Services industry group
1.38
- Max
- 1.88
- THC
- 1.38
- Q3
- 0.91
- 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
Financial Strength Metrics
| Metric | THC | VEEV |
|---|---|---|
| Current Ratio (MRQ) | 1.59 | 5.46 |
| Debt / Equity (MRQ) | 1.38 | 0.02 |
| Net Debt / EBITDA | 2.06 | -6.59 |
Dividends
Dividend Yield (TTM)
Neither Tenet Healthcare (THC) nor Veeva Systems (VEEV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
THC
Health Care Equipment & Services industry group
0.00%
- THC
- 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 Tenet Healthcare (THC) nor Veeva Systems (VEEV) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
THC
Health Care Equipment & Services industry group
0.00%
- THC
- 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 | THC | VEEV |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Tenet Healthcare (THC) at 8.26 sits in the cheaper P/E ratio quartile, while Veeva Systems (VEEV) at 49.79 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
THC
Health Care Equipment & Services industry group
8.26
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- THC
- 8.26
- 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)
Tenet Healthcare (THC) at 1.02 sits in the cheaper P/S ratio quartile while Veeva Systems (VEEV) at 14.22 prices above its industry range — a wide gap in sales valuation between them.
THC
Health Care Equipment & Services industry group
1.02
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- THC
- 1.02
- 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)
Tenet Healthcare (THC) at 4.14 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.
THC
Health Care Equipment & Services industry group
4.14
- Max
- 11.68
- Q3
- 6.12
- THC
- 4.14
- 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 | THC | VEEV |
|---|---|---|
| P/E Ratio (TTM) | 8.26 | 49.79 |
| P/S Ratio (TTM) | 1.02 | 14.22 |
| P/B Ratio (MRQ) | 4.14 | 6.61 |
| Free Cash Flow Yield (TTM) | 8.99% | 2.56% |