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Veeco Instruments VECO Return on invested capital

Return on invested capital at other companies

Applied Materials logo
Applied MaterialsAMAT
25.2%-3.6pp
Lam Research logo
Lam ResearchLRCX
73.6%+15.4pp
Axcelis Technologies logo
Axcelis TechnologiesACLS
9.1%-9.1pp
Entegris logo
EntegrisENTG
6.2%-0.4pp
Diodes logo
DiodesDIOD
2.9%+0.9pp
Advanced Energy Industries logo
Advanced Energy IndustriesAEIS
14.8%+9.1pp

Other financials

Income statement

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Revenue$158.3M-5.4%
Gross profit$55.8M-18.5%
Operating income-$2.7M-119%
Net income-$324.0K-103%
EPS (diluted)-$0.01-105%

Balance sheet

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Cash & equivalents$179.5M+2.7%
Total debt$261.5M-9.0%
Total equity$883.7M+8.8%
Total assets$1.4B+5.8%

Cash flow

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Operating cash flow$7.9M-60.3%
CapEx$5.1M-24.5%
Free cash flow$2.8M-78.6%

Valuation

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Market cap$4.86B+75.8%
Enterprise value$4.94B+66.7%
P/E210.3×+167×
P/S7.4×+3.5×

Profitability

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Gross margin38.6%-3.3pp
Operating margin3.1%-5.2pp
Net margin3.5%-5.5pp
FCF margin6.5%-1.3pp

Returns & leverage

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Return on equity2.7%-5.8pp
Debt / equity0.3×-0.1×
Current ratio4.2×-0.2×

Where this comes from

Calculated from Veeco Instruments’s reported figures.

Based on trailing twelve months.

The official record: Veeco Instruments’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Veeco Instruments's return on invested capital?
Veeco Instruments (VECO) reported return on invested capital of 2.1% in Q1 2026.
How has Veeco Instruments's return on invested capital changed year-over-year?
Veeco Instruments's return on invested capital decreased by 68.3% year-over-year, from 6.8% to 2.1%.
What is the long-term trend for Veeco Instruments's return on invested capital?
Over 5 years (2020 to 2025), Veeco Instruments's return on invested capital has grown at a -0.0% compound annual growth rate (CAGR), from 3.9% to 3.9%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.