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Veeco Instruments VECO Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin40%-2.4pp42.4%-0.4pp42.8%+2.0pp40.7%-0.8pp
Operating margin5.6%-3.8pp9.3%-1.2pp10.5%+1.2pp9.3%-0.4pp
Net margin5.3%-4.9pp10.3%25.8%+21.4pp
EBITDA margin8.6%-4.2pp12.8%-1.4pp14.2%+0.9pp13.3%-0.9pp
Free cash flow margin8%+1.7pp6.4%+1.3pp5.1%-8.1pp13.2%+8.5pp
Returns
Return on equity4.3%-5.9pp10.2%32.9%+26.7pp
Return on assets2.7%-3.2pp5.9%16.5%+13.6pp
Return on invested capital3.9%-3.7pp7.6%-1.4pp9%-0.2pp9.1%-0.3pp
Efficiency
Asset turnover0.5×-0.1×0.6×0.0×0.6×-0.1×0.6×0.0×
Inventory turnover1.5×-0.2×1.7×0.0×1.7×-0.3×-0.1×
Liquidity
Current ratio4.7×+0.8×+0.7×3.2×+0.6×2.6×-0.3×
Quick ratio3.2×+0.5×2.7×+0.5×2.1×+0.4×1.8×-0.2×
Cash ratio0.9×+0.2×0.8×0.0×0.7×+0.1×0.6×0.0×
Leverage
Debt-to-equity0.3×-0.1×0.4×-0.1×0.5×-0.1×0.5×-0.1×
Debt-to-assets0.2×-0.1×0.3×0.0×0.3×0.0×0.3×0.0×
Net debt / EBITDA1.7×-0.1×1.8×+0.2×1.6×-0.2×1.8×0.0×
Interest coverage4.1×-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 / earnings48.6×+27.9×20.6×5.7×-49.5×
Price / sales2.6×+0.5×2.1×-0.5×2.6×+1.1×1.5×-1.0×
Price / book1.9×0.0×-0.6×2.6×+0.9×1.7×-1.6×
EV / EBITDA31.8×+13.5×18.3×-1.4×19.8×+6.8×12.9×-6.2×
EV / sales2.7×+0.4×2.4×-0.5×2.8×+1.1×1.7×-1.0×
Free cash flow yield3.1%+0.1pp3%+1.0pp2%-6.9pp8.9%+7.0pp
Earnings yield2.1%-2.8pp4.8%17.5%+15.7pp

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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.