• Veeva Systems average pre-tax profit margin for 2023 was 22.84%, a 10.82% increase from 2022.
• Veeva Systems average pre-tax profit margin for 2022 was 25.61%, a 7.88% decline from 2021.
• Veeva Systems average pre-tax profit margin for 2021 was 27.8%, a 3.27% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.