VEEV vs. ZBH: Veeva Systems vs. Zimmer Biomet Stock Comparison

November 11, 2026

How do Veeva Systems (VEEV) and Zimmer Biomet (ZBH) 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

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

Company profile comparison for Veeva Systems (VEEV) and Zimmer Biomet (ZBH)
Profile Item	VEEV	ZBH
Name	Veeva Systems Inc.	Zimmer Biomet Holdings 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 Technology	Health Care Equipment & Supplies
GICS Sub-Industry	Health Care Technology	Health Care Equipment
Market Capitalization	49.18 billion USD	19.98 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	October 16, 2013	July 25, 2001
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

VEEV

ZBH

GSPC

Veeva Systems (VEEV) vs. Zimmer Biomet (ZBH), 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 Veeva Systems (VEEV) and Zimmer Biomet (ZBH). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Veeva Systems (VEEV) and Zimmer Biomet (ZBH)
Metric	VEEV	ZBH
Total Return (1Y)	3.92%	24.04%
Total Return (3Y, Annualized)	22.52%	2.38%
Total Return (5Y, Annualized)	-0.87%	-2.74%

Risk Profile

Drawdown History

VEEV

ZBH

GSPC

Veeva Systems (VEEV) vs. Zimmer Biomet (ZBH), 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 Veeva Systems (VEEV) and Zimmer Biomet (ZBH). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Veeva Systems (VEEV) and Zimmer Biomet (ZBH)
Metric	VEEV	ZBH
Volatility (1Y, Annualized)	43.36%	32.39%
Beta (5Y)	0.88	0.42
Max Drawdown (5Y)	-52.79%	-43.94%
Avg. Volume (3M)	1.64M	2.09M

Risk-Adjusted Performance

Risk-Return Positioning

VEEV and ZBH 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 Veeva Systems (VEEV) and Zimmer Biomet (ZBH)
Metric	VEEV	ZBH
Sharpe Ratio (1Y)	-0.01	0.61
Sortino Ratio (1Y)	-0.01	0.93

Profitability

ROE (TTM)

Veeva Systems (VEEV) at 14.43% sits in the top ROE quartile, while Zimmer Biomet (ZBH) at 6.03% is closer to the peer norm — stronger capital efficiency for VEEV.

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%

ZBH

Health Care Equipment & Services industry group

6.03%

Max: 47.61%
Q3: 14.36%
ZBH: 6.03%
Median: 5.45%
Q1: -10.67%
Min: -47.01%

Veeva Systems (VEEV) vs. Zimmer Biomet (ZBH): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Veeva Systems (VEEV) at 29.35% retains a top-quartile share of revenue as profit, ahead of Zimmer Biomet (ZBH) at 8.95%, which keeps about the industry-typical share.

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%

ZBH

Health Care Equipment & Services industry group

8.95%

Max: 29.35%
Q3: 9.33%
ZBH: 8.95%
Median: 2.18%
Q1: -6.29%
Min: -28.46%

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

Operating Margin (TTM)

Both Veeva Systems (VEEV) at 29.64% and Zimmer Biomet (ZBH) at 17.35% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

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%

ZBH

Health Care Equipment & Services industry group

17.35%

Max: 35.43%
ZBH: 17.35%
Q3: 14.14%
Median: 6.81%
Q1: -0.28%
Min: -16.29%

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

Profitability Metrics

Profitability metrics for Veeva Systems (VEEV) and Zimmer Biomet (ZBH)
Metric	VEEV	ZBH
ROE (TTM)	14.43%	6.03%
ROA (TTM)	7.58%	3.81%
Net Margin (TTM)	29.35%	8.95%
Operating Margin (TTM)	29.64%	17.35%
Gross Margin (TTM)	74.96%	69.33%

Growth

Revenue Growth

Both Veeva Systems (VEEV) at 16.34% and Zimmer Biomet (ZBH) at 7.20% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Veeva Systems (VEEV) vs. Zimmer Biomet (ZBH): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Veeva Systems (VEEV) at 25.93% and Zimmer Biomet (ZBH) at -19.86% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Veeva Systems (VEEV) vs. Zimmer Biomet (ZBH): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Veeva Systems (VEEV) and Zimmer Biomet (ZBH)
Metric	VEEV	ZBH
Revenue Growth (YoY)	16.34%	7.20%
Revenue Growth (3Y CAGR)	14.03%	5.85%
EPS Growth (YoY)	25.93%	-19.86%
EPS Growth (3Y CAGR)	21.94%	47.78%

Financial Strength

Current Ratio (MRQ)

Zimmer Biomet (ZBH) at 1.46 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.

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

ZBH

Health Care Equipment & Services industry group

1.46

Max: 7.59
Q3: 4.00
Median: 1.98
ZBH: 1.46
Q1: 1.37
Min: 0.30

Veeva Systems (VEEV) vs. Zimmer Biomet (ZBH): 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 Zimmer Biomet (ZBH) at 0.60 runs a more typical debt-to-equity mix.

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

ZBH

Health Care Equipment & Services industry group

0.60

Max: 1.88
Q3: 0.91
ZBH: 0.60
Median: 0.58
Q1: 0.16
Min: 0.00

Veeva Systems (VEEV) vs. Zimmer Biomet (ZBH): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Veeva Systems (VEEV) and Zimmer Biomet (ZBH)
Metric	VEEV	ZBH
Current Ratio (MRQ)	5.46	1.46
Debt / Equity (MRQ)	0.02	0.60
Net Debt / EBITDA	-6.59	2.85

Dividends

Dividend Yield (TTM)

Veeva Systems (VEEV) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Zimmer Biomet (ZBH) reports a yield of 0.90%, ranking against industry peers normally.

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%

ZBH

Health Care Equipment & Services industry group

0.90%

ZBH: 0.90%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Veeva Systems (VEEV) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Zimmer Biomet (ZBH) reports a payout of 24.24%, ranking against industry peers normally.

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%

ZBH

Health Care Equipment & Services industry group

24.24%

ZBH: 24.24%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Veeva Systems (VEEV) and Zimmer Biomet (ZBH)
Metric	VEEV	ZBH
Dividend Yield (TTM)	0.00%	0.90%
Dividend Payout Ratio (TTM)	0.00%	24.24%

Valuation

P/E Ratio (TTM)

Zimmer Biomet (ZBH) at 26.66 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.

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

ZBH

Health Care Equipment & Services industry group

26.66

Max: 80.41
Q3: 47.62
Median: 29.93
ZBH: 26.66
Q1: 21.19
Min: 4.21

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

P/S Ratio (TTM)

Zimmer Biomet (ZBH) at 2.33 prices around its industry’s typical P/S ratio, while Veeva Systems (VEEV) at 14.22 clears its benchmark range — VEEV looks notably rich on sales.

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

ZBH

Health Care Equipment & Services industry group

2.33

Max: 8.80
Q3: 4.32
ZBH: 2.33
Median: 2.13
Q1: 1.10
Min: 0.03

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

P/B Ratio (MRQ)

Zimmer Biomet (ZBH) at 1.58 looks cheap against book in the lower P/B ratio quartile, while Veeva Systems (VEEV) at 6.61 carries a premium in the upper quartile — a clear price-to-book gap.

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

ZBH

Health Care Equipment & Services industry group

1.58

Max: 11.68
Q3: 6.12
Median: 3.00
Q1: 1.73
ZBH: 1.58
Min: -1.31

Veeva Systems (VEEV) vs. Zimmer Biomet (ZBH): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Veeva Systems (VEEV) and Zimmer Biomet (ZBH)
Metric	VEEV	ZBH
P/E Ratio (TTM)	49.79	26.66
P/S Ratio (TTM)	14.22	2.33
P/B Ratio (MRQ)	6.61	1.58
Free Cash Flow Yield (TTM)	2.56%	7.22%