VEECO INSTRUMENTS INC VECO

Latest FY: 2025 Technology Semiconductor Equipment & Materials
Market Price $44.83
Market Cap $2.74B
P/E Ratio 75.98
Quick Peer Compare (Technology):
Revenue (FY 2025) ↓-7.4% YoY
$664.29M
3-Yr CAGR: 0.9%
Net Income ↓-52.0% YoY
$35.39M
Net Margin: 5.3%
Free Cash Flow ↑16.6% YoY
$53.29M
FCF Yield: 1.95%
EPS (Diluted) ↓-52.0% YoY
$0.59
Basic: $0.60
Return on Equity Efficiency
4.0%
ROA: 2.7%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (VECO)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Div / Sh Div Yield Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $332.5M $132.9M $-122.2M $-3.11 0.00% $-23.8M $-35.3M
FY 2017 $484.8M +45.8% $184.3M $-44.8M +63.3% $-1.01 +67.5% 0.00% $34.1M $9.9M +128.0%
FY 2018 $542.1M +11.8% $193.7M $-407.1M -808.8% $-8.63 -754.5% 0.00% $-37.7M $-50.4M -610.4%
FY 2019 $419.3M -22.6% $158.2M $-78.7M +80.7% $-1.66 +80.8% 0.00% $-7.4M $-18.3M +63.7%
FY 2020 $454.2M +8.3% $194.3M $-8.4M +89.3% $-0.17 +89.8% 0.00% $43.0M $36.2M +298.0%
FY 2021 $583.3M +28.4% $242.3M $26.0M +410.3% $0.49 +388.2% 0.00% $67.7M $27.1M -25.2%
FY 2022 $646.1M +10.8% $263.1M $166.9M +541.1% $2.71 +453.1% 0.00% $108.5M $83.9M +209.5%
FY 2023 $666.4M +3.1% $285.1M $-30.4M -118.2% $-0.56 -120.7% 0.00% $61.7M $33.7M -59.8%
FY 2024 $717.3M +7.6% $304.0M $73.7M +342.7% $1.23 +319.6% 0.00% $63.8M $45.7M +35.4%
FY 2025 $664.3M -7.4% $265.4M $35.4M -52.0% $0.59 -52.0% 0.00% $69.5M $53.3M +16.6%
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Valuation

Market Price $44.83
Market Cap $2.74B
Enterprise Value $2.80B
P/E Ratio 75.98
P/B Ratio 3.09
FCF Yield 1.95%
Dividend Yield N/A
Shares Outstanding 61,033,500
%

Profitability & Margins

Gross Margin 39.95%
Operating Margin 5.38%
Net Margin 5.33%
Return on Equity (ROE) 4.00%
Return on Assets (ROA) 2.67%
Asset Turnover 0.50x
Revenue 3-Yr CAGR 0.93%
🛡️

Financial Health & Liquidity

Current Ratio 4.75
Cash Ratio 0.92
Debt / Equity 0.255
Debt / Assets 0.170
Cash & Equivalents $163.47M
Total Debt $226.01M
Book Value / Share $14.51
💧

Cash Flow Efficiency

Operating Cash Flow $69.49M
Capital Expenditures (CapEx) $16.20M
Free Cash Flow $53.29M
OCF / Revenue 10.46%
FCF / Revenue 8.02%
FCF 3-Yr CAGR -14.03%
🏷️

Per Share Metrics

EPS (Diluted) $0.59
EPS (Basic) $0.60
Dividends / Share N/A
Book Value / Share $14.51
EPS YoY Growth -52.03%
🏛️

Balance Sheet (FY 2025)

Total Assets $1.33B
Total Liabilities $440.29M
Stockholders' Equity $885.51M
Current Assets $845.34M
Current Liabilities $178.06M