Veeco Instruments VECO Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 40%-2.4pp | 42.4%-0.4pp | 42.8%+2.0pp | 40.7%-0.8pp | |
| Operating margin | 5.6%-3.8pp | 9.3%-1.2pp | 10.5%+1.2pp | 9.3%-0.4pp | |
| Net margin | 5.3%-4.9pp | 10.3%— | —— | 25.8%+21.4pp | |
| EBITDA margin | 8.6%-4.2pp | 12.8%-1.4pp | 14.2%+0.9pp | 13.3%-0.9pp | |
| Free cash flow margin | 8%+1.7pp | 6.4%+1.3pp | 5.1%-8.1pp | 13.2%+8.5pp | |
| Returns | |||||
| Return on equity | 4.3%-5.9pp | 10.2%— | —— | 32.9%+26.7pp | |
| Return on assets | 2.7%-3.2pp | 5.9%— | —— | 16.5%+13.6pp | |
| Return on invested capital | 3.9%-3.7pp | 7.6%-1.4pp | 9%-0.2pp | 9.1%-0.3pp | |
| Efficiency | |||||
| Asset turnover | 0.5×-0.1× | 0.6×0.0× | 0.6×-0.1× | 0.6×0.0× | |
| Inventory turnover | 1.5×-0.2× | 1.7×0.0× | 1.7×-0.3× | 2×-0.1× | |
| Liquidity | |||||
| Current ratio | 4.7×+0.8× | 4×+0.7× | 3.2×+0.6× | 2.6×-0.3× | |
| Quick ratio | 3.2×+0.5× | 2.7×+0.5× | 2.1×+0.4× | 1.8×-0.2× | |
| Cash ratio | 0.9×+0.2× | 0.8×0.0× | 0.7×+0.1× | 0.6×0.0× | |
| Leverage | |||||
| Debt-to-equity | 0.3×-0.1× | 0.4×-0.1× | 0.5×-0.1× | 0.5×-0.1× | |
| Debt-to-assets | 0.2×-0.1× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Net debt / EBITDA | 1.7×-0.1× | 1.8×+0.2× | 1.6×-0.2× | 1.8×0.0× | |
| Interest coverage | 4.1×-2.0× | 6.1×+0.1× | 5.9×+0.7× | 5.2×+3.2× | |
| Per Share | |||||
| Book value per share | $14.61+16.8% | $12.51+0.1% | $12.51+42.0% | $8.81+8.0% | |
| Valuation | |||||
| Market capitalization | $1.72B+13.0% | $1.52B-11.7% | $1.72B+80.4% | $955.48M-33.5% | |
| Enterprise value | $1.82B+7.6% | $1.69B-9.9% | $1.88B+68.6% | $1.11B-29.8% | |
| Price / earnings | 48.6×+27.9× | 20.6×— | —— | 5.7×-49.5× | |
| Price / sales | 2.6×+0.5× | 2.1×-0.5× | 2.6×+1.1× | 1.5×-1.0× | |
| Price / book | 1.9×0.0× | 2×-0.6× | 2.6×+0.9× | 1.7×-1.6× | |
| EV / EBITDA | 31.8×+13.5× | 18.3×-1.4× | 19.8×+6.8× | 12.9×-6.2× | |
| EV / sales | 2.7×+0.4× | 2.4×-0.5× | 2.8×+1.1× | 1.7×-1.0× | |
| Free cash flow yield | 3.1%+0.1pp | 3%+1.0pp | 2%-6.9pp | 8.9%+7.0pp | |
| Earnings yield | 2.1%-2.8pp | 4.8%— | —— | 17.5%+15.7pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Veeco Instruments's profit margins?
- Veeco Instruments (VECO) runs a 38.6% gross margin and a 3.1% operating margin, with a 3.5% net margin.
- Where do Veeco Instruments's ratios come from?
- Every ratio is computed from Veeco Instruments's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.