Veeva Systems
VEEV
$186.17
Share price
-0.28%
Change (1 day)
-6.60%
Change (1 year)
Categories
Operating Margin for Veeva Systems (VEEV)
Operating Margin as of June 2024 (TTM): 18.05%
According to Veeva Systems's latest financial reports and stock price the company's current Operating Margin is 18.05%. At the end of 2023 the company had an Operating Margin of 23.62%.
Operating Margin history for Veeva Systems from 2013 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 23.62% | -14.66% |
| 2022 | 27.68% | 2.93% |
| 2021 | 26.89% | -5.35% |
| 2020 | 28.41% | 2.65% |
| 2019 | 27.68% | 19.62% |
| 2018 | 23.14% | 14.82% |
| 2017 | 20.15% | 4.9% |
| 2016 | 19.21% | -10.44% |
| 2015 | 21.45% | 17.08% |
| 2014 | 18.32% | -18.42% |
| 2013 | 22.46% | 106.79% |
| 2012 | 10.86% | -39.91% |
| 2011 | 18.07% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 42.14% | 133.46% | 🇺🇸 USA |
 Cerner CERN | 13.38% | -25.88% | 🇺🇸 USA |
 Nuance Communications
NUAN | 0.91% | -94.97% | 🇺🇸 USA |
 Computer Programs and Systems CPSI | 7.43% | -58.84% | 🇺🇸 USA |
 HealthStream HSTM | 5.53% | -69.36% | 🇺🇸 USA |
 Model N
MODN | -10.97% | -160.78% | 🇺🇸 USA |
 Castlight Health
CSLT | -6.17% | -134.17% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.