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)

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.

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

Metric

Value

Amount currency

USD

CIK code

0000103145

Company name

Veeco Instruments Inc.

Country

United States

Country code

CUSIP number

922417100

Earnings date

2026-11-04

Earnings time

amc

Employees

1,265

Employees change

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

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

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

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

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%

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

Profitable years

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%

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

Metric

Value

EPS growth

-63.62%

EPS growth (Q)

-8.56%

EPS growth 3Y

-32.83%

EPS growth 5Y

14.7%

EPS growth years

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

Net income growth years

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

Revenue growth years

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

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

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%

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

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%

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

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

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

Metric

Value

Buyback yield / dilution

-3.72%

Dividend yield

Shareholder yield

-3.72%

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%

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%

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

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

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