Veeco Instruments Inc. (VECO)

NASDAQ: VECO · USD

$43.9

+0.08 (+0.2%)· Recorded snapshot

Market cap	2.7B
Revenue (ttm)	682.7M
Net income (ttm)	23.2M
EPS (ttm)	$0.37
Shares out	61.1M
P/E (trailing)	118.3x
P/E (forward)	18.2x
Volume	772,903
Beta	1.36

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 682.7M
Net income (ttm): 23.2M
EPS (ttm): $0.37
P/E (trailing): 118.3x
P/E (forward): 18.2x
Market cap: 2.7B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E18.2

P25 13.4P50 19.8P75 31.4

Trailing P/E118.3

P25 16.8P50 29.9P75 54

ROE2.6

P25 -35.5P50 1.5P75 15.4

ROIC3.9

P25 -18.6P50 1.9P75 14.1

Benchmarks · 1M

All VECO indicators

Market & fundamental data

Available fields

272

Groups with data

Currency

USD

Showing 272 of 272 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000103145
Company name	Veeco Instruments Inc.
Country	United States
Country code	US
CUSIP number	922417100
Earnings date	2026-11-04
Earnings time	amc
Employees	1,265
Employees change	34
Employees growth	2.76%
Enterprise value	$2.5B
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	1945
In index	RUSSELL2000
Industry	Semiconductor Equipment & Materials
IPO date	1994-11-29
Is primary listing	Yes
Is SPAC	No
ISIN number	US9224171002
Last 10-K release date	2026-02-25
Last earnings date	2026-08-05
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$2.7B
Market cap category	Mid-Cap
Next earnings date	2026-11-04
Options	Yes
Price	$43.93
Price currency	USD
Sector	Technology
SIC code	3559
Stock price date	2026-10-28
Symbol	VECO
U.S. state	New York
Website	https://www.veeco.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	41.06x
Average P/E ratio (3Y)	50.81x
Average P/E ratio (5Y)	41.16x
Earnings yield	0.85%
EV/Earnings	108.01x
EV/EBIT	85.27x
EV/EBITDA	50.96x
EV/FCF	29.48x
EV/Sales	3.68x
FCF / EV yield	3.39%
FCF yield	3.18%
Forward EV/Sales	2.6x
Forward P/E	18.15x
Forward P/S	2.78x
Graham number	11.10689
Graham upside	-74.65%
Industry forward P/E	25.42x
Industry P/E	39.87x
Lynch fair value	$7.44
Lynch upside	-83.01%
P/(FCF - SBC) ratio	54.39x
P/(OCF - SBC) ratio	41.91x
P/B ratio	2.97x
P/E ratio	118.33x
P/FCF ratio	31.45x
P/OCF ratio	26.83x
P/S ratio	3.92x
Price / tangible book value	3.92x
Price/EBITDA ratio	54.37x
Sector forward P/E	18.55x
Sector P/E	32.64x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	4.31%
EBITDA margin	7.22%
Effective tax rate	0.34%
FCF margin	12.47%
Gross margin	37.86%
Operating margin	4.31%
Pretax margin	3.42%
Profit margin	3.4%
Profit per employee	$18,374
Profitable quarters	1
Profitable years	2
Revenue per employee	$539,700
ROA	1.37%
ROA (5Y)	3.44%
ROCE	2.5%
ROE	2.64%
ROE (5Y)	9.73%
ROIC	3.92%
ROIC (5Y)	10.12%
SBC / revenue	5.26%
Tax / revenue	0.01%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-63.62%
EPS growth (Q)	-8.56%
EPS growth 3Y	-32.83%
EPS growth 5Y	14.7%
EPS growth years	0
FCF growth	53.42%
FCF growth (Q)	776.15%
FCF growth (QoQ)	1,585.17%
FCF growth 3Y	-0.1%
FCF growth 5Y	21.42%
Gross profit growth	-10.99%
Gross profit growth (Q)	8.3%
Gross profit growth 3Y	-0.5%
Gross profit growth 5Y	3.18%
Net income growth	-61.64%
Net income growth (Q)	1.06%
Net income growth 3Y	-29.87%
Net income growth 5Y	20.05%
Net income growth quarters	1
Net income growth years	0
OCF growth	33.05%
OCF growth (Q)	468.83%
OCF growth (QoQ)	548.19%
OCF growth 3Y	-1.81%
OCF growth 5Y	16.66%
Operating income growth	-52.22%
Operating income growth (Q)	4.42%
Operating income growth 3Y	-18.53%
Operating income growth 5Y	-6.07%
Revenue growth	-2.52%
Revenue growth (Q)	16.48%
Revenue growth (QoQ)	22.19%
Revenue growth 10Y	5.47%
Revenue growth 3Y	2.13%
Revenue growth 5Y	5.15%
Revenue growth quarters	1
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-14.7M
Depreciation and amortization	$19.8M
EBIT	$29.4M
EBITDA	$49.3M
EPS	$0.37
FCF per share	$1.39
Financing cash flow	$-11.9M
Free cash flow	$85.2M
Free cash flow minus SBC	$49.3M
Gross profit	$258.5M
Income taxes	$79,000
Investing cash flow	$-62.5M
Net cash flow	$25.5M
Net income	$23.2M
Operating cash flow minus SBC	$63.9M
Operating income	$29.4M
Revenue	$682.7M
Stock-based compensation	$35.9M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	3.25
Book value per share	$14.77
Debt / EBITDA	4.73
Debt / equity	0.29
Debt / FCF	3.07
Goodwill	$215M
Interest coverage	3.42
Long-term assets	$484.2M
Long-term liabilities	$274.7M
Net cash (debt)	$168.2M
Net cash / market cap	6.28%
Net cash growth	82.79%
Net debt / EBITDA	-3.41
Net debt / equity	-0.19
Net debt / FCF	-1.98
Piotroski F-Score	4
Property, plant and equipment	$133.9M
Shareholders' equity	$902.8M
Tangible book value	$683.4M
Tangible book value per share	$11.18
Total assets	$1.4B
Total cash	$429.4M
Total debt	$261.2M
Total liabilities	$511.7M
WACC	10.97%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.51
Current assets	$930.3M
Current liabilities	$237M
Current ratio	3.93
Inventory turnover	1.54
Net working capital	$268.1M
Quick ratio	2.54
Working capital	$693.3M
Working capital turnover	1.03

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-3.72%
Dividend yield	0%
Shareholder yield	-3.72%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	98.86%
10Y return CAGR	7.12%
10Y total return	98.86%
150-day SMA	$52.02
15Y price change	53.59%
15Y return CAGR	2.9%
15Y total return	53.59%
1D price change	0.18%
1M price change	-12.12%
1M total return	-12.12%
1W price change	-2.06%
1W total return	-2.06%
1Y price change	49.33%
1Y return CAGR	49.37%
1Y total return	49.33%
20-day SMA	$47.99
200-day SMA	$46.91
20Y price change	135.18%
20Y return CAGR	4.37%
20Y total return	135.18%
3M price change	-9.98%
3M total return	-9.98%
3Y price change	80.67%
3Y return CAGR	21.79%
3Y total return	80.67%
50-day SMA	$46.37
50-day SMA vs 200-day SMA	50under200
52-week high	$86.63
52-week high date	2026-06-15
52-week low	$26.00
52-week low date	2025-11-20
5Y price change	89.45%
5Y return CAGR	13.63%
5Y total return	89.45%
6M price change	-12.24%
6M total return	-12.24%
All-time high	$122.25
All-time high date	2000-03-07
All-time low	$3.22
All-time low date	2009-03-02
Average true range (ATR)	$2.76
Average volume	712.9K
Beta (1Y)	1.33
Beta (2Y)	1.42
Beta (5Y)	1.36
Change from 52-week high	-49.29%
Change from 52-week low	68.96%
Change from all-time high	-64.29%
Change from all-time low	1,255.59%
Change from open	0.09%
Day's gap	0.09%
Dollar volume	$34M
High price	$44.34
Low price	$43.52
Monthly RSI	53.5
Open price	$43.89
Position in 52-week range	50%
Premarket change	0.34%
Premarket close	$43.85
Premarket price	$44.00
Premarket volume	12K
Previous close	$43.85
Price vs 150-day SMA	-16.09%
Price vs 20-day SMA	-9.04%
Price vs 200-day SMA	-6.96%
Price vs 50-day SMA	-5.87%
Relative volume	1.08
RSI	43.49
Sharpe ratio	0.86
Sharpe ratio (3Y)	0.54
Sharpe ratio (5Y)	0.42
Sortino ratio	1.4
Sortino ratio (3Y)	0.93
Sortino ratio (5Y)	0.75
Volume	772.9K
Weekly RSI	46.24
YTD price change	52.73%
YTD total return	52.73%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	60.1M
Float percentage	98.37%
Shares change (QoQ)	10.54%
Shares change (YoY)	3.72%
Shares held by insiders	1.59%
Shares held by institutions	113.69%
Shares outstanding	61.1M
Short % of float	10.09%
Short % of shares	9.93%
Short ratio	9.3 days

Deeper analysis on VECO

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this VECO report

Is a complete VECO research report available?

No complete published report is available for Veeco Instruments Inc. (VECO) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Veeco Instruments Inc. (VECO)

Price

Financial snapshot

Fair-value bridge

Latest news · VECO

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All VECO indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on VECO

Frequently asked questions