← VEECO INSTRUMENTS INC VECO
Market Price
$52.40
Market Cap
$3.27B
P/E Ratio
88.81
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: 1.63%
EPS (Diluted)
↓-52.0% YoY
$0.59
Basic: $0.60
Return on Equity
Efficiency
4.0%
ROA: 103.2%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (VECO)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $332.5M | — | $132.9M | $-122.2M | — | $-3.11 | — | $-23.8M | $-35.3M | — |
| FY 2017 | $484.8M | +45.8% | $184.3M | $-44.8M | +63.3% | $-1.01 | +67.5% | $34.1M | $9.9M | +128.0% |
| FY 2018 | $542.1M | +11.8% | $193.7M | $-407.1M | -808.8% | $-8.63 | -754.5% | $-37.7M | $-50.4M | -610.4% |
| FY 2019 | $419.3M | -22.6% | $158.2M | $-78.7M | +80.7% | $-1.66 | +80.8% | $-7.4M | $-18.3M | +63.7% |
| FY 2020 | $454.2M | +8.3% | $194.3M | $-8.4M | +89.3% | $-0.17 | +89.8% | $43.0M | $36.2M | +298.0% |
| FY 2021 | $583.3M | +28.4% | $242.3M | $26.0M | +410.3% | $0.49 | +388.2% | $67.7M | $27.1M | -25.2% |
| FY 2022 | $646.1M | +10.8% | $263.1M | $166.9M | +541.1% | $2.71 | +453.1% | $108.5M | $83.9M | +209.5% |
| FY 2023 | $666.4M | +3.1% | $285.1M | $-30.4M | -118.2% | $-0.56 | -120.7% | $61.7M | $33.7M | -59.8% |
| FY 2024 | $717.3M | +7.6% | $304.0M | $73.7M | +342.7% | $1.23 | +319.6% | $63.8M | $45.7M | +35.4% |
| FY 2025 | $664.3M | -7.4% | $265.4M | $35.4M | -52.0% | $0.59 | -52.0% | $69.5M | $53.3M | +16.6% |
Valuation
Market Price
$52.40
Market Cap
$3.27B
Enterprise Value
$3.34B
P/E Ratio
88.81
P/B Ratio
3.61
FCF Yield
1.63%
Dividend Yield
N/A
Shares Outstanding
Profitability & Margins
Gross Margin
39.95%
Operating Margin
5.38%
Net Margin
5.33%
Return on Equity (ROE)
4.00%
Return on Assets (ROA)
103.22%
Asset Turnover
19.38x
Revenue 3-Yr CAGR
0.93%
Financial Health & Liquidity
Current Ratio
0.75
Cash Ratio
3.59
Debt / Equity
0.255
Debt / Assets
6.592
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
$34.29M
Total Liabilities
$45.50M
Stockholders' Equity
$885.51M
Current Assets
$34.29M
Current Liabilities
$45.50M