• Veeva Systems average net profit margin for 2023 was 23.89%, a 14.64% decline from 2022.
• Veeva Systems average net profit margin for 2022 was 20.84%, a 18.56% increase from 2021.
• Veeva Systems average net profit margin for 2021 was 25.59%, a 1.5% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.