
Veeco Instruments Financial Ratios 2025-2011 | VECO
Brief overview of Veeco Instruments 's market valuation
The review covers five available annual periods spanning 2012 to 2025.
The latest available valuation ratios are P/E 48.41x (median 39.65x), EV/EBITDA 20.14x (median 55.59x), P/S 2.58x (median 2.31x). On average, multiples differ from their five-year medians by only +11.5%. Valuation is near its familiar historical range.
At the current P/E, inverse earnings yield is 2.1%, a useful bridge between price and business earnings.
The latest available business-quality ratios are ROE 4%, ROA 2.7%, ROCE 4%. Business quality is below comfortable levels on current returns. Better margins or turnover are needed.
A longer cycle, from 187.1 days to 250.6 days, indicates slower release of cash from operations.
Overall assessment
Veeco Instruments 's valuation and business quality look relatively balanced, with no pronounced distortion in either direction.
Annual Financial Ratios Veeco Instruments
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
P/E |
48.4 | 18.9 | -62.8 | 6.2 | 51.8 | -106.4 | -8.1 | -1.1 | -16.6 | -8.5 | -23.2 | -17.1 | -34.5 | 39.6 | 7.5 |
P/S |
2.6 | 1.9 | 2.9 | 1.6 | 2.3 | 2.0 | 1.5 | 0.9 | 1.5 | 3.1 | 1.6 | 2.9 | 4.4 | 2.4 | 1.0 |
EPS |
0.6 | 1.3 | -0.6 | 3.4 | 0.5 | -0.2 | -1.7 | -8.6 | -1.2 | -3.1 | -0.8 | -1.7 | -1.1 | 0.8 | 3.2 |
EV (Enterprise Value) |
1.99 B | 1.72 B | 2.3 B | 1.42 B | 1.69 B | 1.25 B | 955 M | 713 M | 1.01 B | 923 M | 648 M | 1.07 B | 1.41 B | 968 M | 919 M |
EBITDA per Share |
0.94 | 1.63 | 1.77 | 1.72 | 1.69 | 1.1 | -0.254 | 0.0828 | 0.0471 | -0.656 | 0.214 | -0.916 | -1.64 | 1.22 | 7.13 |
EV/EBITDA |
20.1 | 35.6 | -67.2 | 137.6 | 355.7 | -29.5 | 55.6 | -24.4 | -19.6 | 18.0 | 2.6 | ||||
PEG |
29.96 | -0.2 | 0.36 | -0.04 | -0.28 | 0.39 | -0.1 | 0.0 | -0.25 | 0.03 | -0.44 | 0.31 | 0.15 | -0.53 | -0.12 |
P/B |
1.9 | 1.8 | 2.8 | 1.8 | 3.1 | 2.2 | 1.7 | 1.1 | 0.9 | 1.7 | 1.0 | 1.6 | 1.9 | 1.5 | 1.3 |
P/CF |
24.7 | 21.8 | 30.9 | 9.5 | 19.9 | 20.8 | -35.0 | -9.2 | 75.4 | -29.3 | 389.5 | 43.3 | -172.4 | 14.1 | 17.5 |
ROE % |
4.00 | 9.56 | -4.52 | 28.89 | 5.95 | -2.05 | -21.02 | -92.99 | -5.33 | -20.55 | -4.47 | -9.06 | -5.42 | 3.81 | 16.83 |
ROA % |
2.67 | 5.89 | -2.47 | 14.80 | 2.90 | -0.93 | -9.62 | -45.19 | -3.23 | -16.11 | -3.59 | -7.20 | -4.46 | 3.30 | 13.67 |
ROCE % |
4.03 | 8.69 | 10.40 | 10.44 | 12.96 | 5.53 | -4.17 | -3.84 | -2.87 | -7.32 | -2.62 | -6.46 | -8.45 | 5.09 | 36.19 |
Current Ratio |
3.0 | 2.6 | 2.2 | 2.0 | 1.9 | 1.8 | 4.0 | 3.2 | 2.7 | 3.5 | 3.3 | 3.3 | 4.8 | 6.6 | 4.5 |
DSO |
57.0 | 50.8 | 62.2 | 66.0 | 59.3 | 50.5 | 61.8 | 52.0 | 74.4 | 63.7 | 37.9 | 55.8 | 26.2 | 44.7 | 35.4 |
DIO |
238.8 | 213.9 | 212.7 | 180.0 | 169.5 | 195.9 | 186.0 | 163.8 | 146.1 | 140.9 | 94.3 | 87.0 | 95.4 | 72.6 | 82.0 |
DPO |
45.2 | 37.9 | 45.2 | 46.0 | 41.8 | 38.6 | 29.7 | 41.5 | 61.1 | 41.3 | 36.6 | 25.6 | 57.1 | 31.6 | 29.2 |
Operating Cycle |
295.9 | 264.7 | 275.0 | 246.1 | 228.8 | 246.4 | 247.8 | 215.8 | 220.6 | 204.6 | 132.2 | 142.8 | 121.6 | 117.2 | 117.4 |
Cash Conversion Cycle |
250.6 | 226.8 | 229.8 | 200.1 | 187.1 | 207.8 | 218.0 | 174.3 | 159.4 | 163.3 | 95.6 | 117.2 | 64.5 | 85.6 | 88.2 |
All numbers in USD currency
Quarterly Financial Ratios Veeco Instruments
| 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
EPS |
-0.01 | - | 0.18 | 0.2 | 0.21 | - | 0.39 | 0.27 | 0.39 | - | 0.44 | -1.61 | 0.17 | - | 0.3 | 0.19 | 0.27 | - | 0.18 | 0.13 | 0.05 | - | 0.01 | -0.17 | -0.01 | -0.69 | -0.25 | -0.33 | -0.4 | -3.11 | -0.19 | -5.02 | -0.34 | -0.18 | -0.51 | -0.49 | 0.04 | -0.13 | -1.78 | -0.82 | -0.4 | -0.25 | 0.13 | -0.21 | -0.48 | -1.44 | -0.35 | -0.39 | 0.49 | -0.57 | -0.16 | -0.11 | -0.26 | -0.23 | 0.3 | 0.31 | 0.43 | 0.53 | 0.91 | 0.47 | 1.32 |
EBITDA per Share |
0.04 | - | 0.24 | 0.28 | 0.33 | - | 0.51 | 0.38 | 0.51 | - | 0.48 | 0.33 | 0.32 | - | 0.43 | 0.34 | 0.46 | - | 0.74 | 0.54 | 0.33 | - | 0.62 | 0.33 | 0.26 | - | 0.39 | 0.13 | -0.11 | - | 0.79 | -4.84 | 0.13 | - | 0.23 | -0.33 | 0.01 | 0.08 | -1.09 | -0.36 | -0.17 | - | 0.91 | 0.45 | -0.13 | - | - | -0.11 | 0.62 | - | 0.06 | 0.03 | -0.41 | - | 0.51 | 0.6 | 0.64 | - | 2.11 | 2.17 | 2.26 |
ROE % |
3.75 | 4.05 | 6.99 | 8.72 | 9.44 | 8.21 | 12.02 | 12.89 | -3.12 | -8.62 | -5.21 | -5.62 | 10.61 | 9.01 | 11.07 | 9.73 | 8.93 | 4.17 | 4.14 | 2.22 | -1.31 | -2.05 | -10.81 | -14.09 | -16.21 | -21.02 | -45.29 | -102.09 | -155.84 | -154.50 | -122.46 | -67.63 | -12.21 | -8.40 | -8.22 | -14.82 | -17.74 | -20.54 | -21.08 | -8.64 | -4.41 | -4.47 | -10.81 | -13.44 | -14.33 | -9.06 | -4.19 | -3.07 | -1.53 | -5.42 | -3.70 | -1.48 | 0.50 | 3.81 | 7.59 | 10.86 | 11.93 | 16.83 | 4.72 | 2.53 | 6.92 |
ROA % |
2.54 | 2.68 | 4.40 | 5.30 | 5.59 | 4.71 | 6.68 | 6.93 | -1.23 | -4.22 | -2.72 | -3.18 | 4.82 | 4.01 | 4.91 | 4.30 | 3.90 | 1.82 | 1.80 | 0.97 | -0.61 | -0.93 | -4.94 | -6.44 | -7.42 | -9.62 | -21.67 | -49.36 | -75.59 | -75.08 | -59.64 | -33.60 | -6.96 | -5.09 | -5.13 | -11.22 | -13.95 | -16.11 | -16.55 | -6.78 | -3.49 | -3.59 | -8.61 | -10.71 | -11.41 | -7.20 | -3.41 | -2.54 | -1.33 | -4.46 | -3.09 | -1.21 | 0.49 | 3.30 | 6.43 | 9.02 | 9.81 | 13.68 | 3.84 | 2.05 | 5.62 |
ROCE % |
3.55 | 4.39 | 7.65 | 9.71 | 10.60 | 8.80 | 12.26 | 12.45 | 12.35 | 7.36 | 11.35 | 11.87 | 12.69 | 11.12 | 14.89 | 14.68 | 14.76 | 9.18 | 10.89 | 8.83 | 5.80 | 2.93 | 0.96 | -2.71 | -5.81 | -8.74 | -9.62 | -8.54 | -65.21 | -63.17 | -65.72 | -67.39 | -11.28 | -6.77 | -18.33 | -27.33 | -29.03 | -19.38 | -18.46 | -5.98 | -1.29 | -1.86 | -4.22 | -7.51 | -9.08 | -1.98 | -3.25 | -2.16 | -0.90 | -4.66 | -3.74 | -1.55 | 1.19 | 5.37 | 15.08 | 23.88 | 32.92 | 32.09 | 9.71 | 10.91 | 11.47 |
Current Ratio |
2.9 | 3.0 | 3.1 | 3.0 | 2.7 | 2.6 | 2.4 | 2.4 | 2.3 | 2.2 | 2.1 | 2.0 | 2.0 | 2.0 | 1.8 | 1.9 | 1.8 | 1.9 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.9 | 1.9 | 1.9 | 1.9 | 2.5 | 2.5 | 2.5 | 2.5 | 4.6 | 4.6 | 4.6 | 4.6 | 5.1 | 5.1 | 5.1 | 5.1 | 4.9 | 4.9 | 4.9 | 4.9 | 5.7 | 5.7 | 5.7 | 5.7 | 7.4 | 7.4 | 7.4 | 7.4 | 5.3 | - | - | - |
DSO |
75.3 | - | 61.3 | 60.7 | 57.6 | - | 55.5 | 51.6 | 54.8 | - | 65.0 | 70.6 | 72.6 | - | 71.6 | 63.0 | 61.0 | - | 59.2 | 61.0 | 57.1 | 52.5 | 65.1 | 74.0 | 54.9 | 36.8 | 38.2 | 42.6 | 51.6 | 61.6 | 48.1 | 38.6 | 47.7 | 62.9 | 68.4 | 78.4 | 75.8 | 56.6 | 61.9 | 70.3 | 62.9 | 42.4 | 32.1 | 34.4 | 50.9 | 48.3 | 58.7 | 57.6 | 42.1 | 29.7 | 21.9 | 22.3 | 64.2 | 54.0 | 43.4 | 42.2 | 51.6 | 50.0 | 35.8 | 32.8 | - |
DIO |
248.1 | - | 242.7 | 240.4 | 231.2 | - | 210.5 | 221.7 | 221.5 | - | 225.5 | 227.9 | 215.8 | - | 163.0 | 162.7 | 176.6 | - | 175.5 | 169.6 | 174.9 | - | 211.6 | 234.6 | 219.1 | - | 182.0 | 197.3 | 204.2 | - | 177.5 | 139.3 | 123.8 | - | 139.3 | 143.7 | 150.1 | - | 135.2 | 160.2 | 153.1 | - | 81.7 | 85.8 | 100.3 | - | 92.3 | 87.0 | 96.9 | - | 79.0 | 86.8 | 139.0 | - | 65.9 | 72.5 | 105.9 | - | 76.9 | 80.0 | - |
DPO |
51.4 | - | 43.3 | 50.3 | 46.8 | - | 41.9 | 45.8 | 44.4 | - | 57.3 | 60.7 | 56.9 | - | 43.9 | 47.2 | 50.8 | - | 54.4 | 51.7 | 44.2 | - | 48.8 | 54.1 | 43.1 | - | 29.1 | 31.6 | 43.0 | - | 45.0 | 35.3 | 40.3 | - | 58.3 | 60.1 | 55.5 | - | 39.6 | 47.0 | 52.2 | - | 31.7 | 33.3 | 34.8 | - | 27.2 | 25.6 | 43.1 | - | 47.3 | 52.0 | 71.9 | - | 28.7 | 31.6 | 40.6 | - | 27.2 | 28.5 | - |
Operating Cycle |
323.4 | - | 304.1 | 301.1 | 288.8 | - | 266.0 | 273.3 | 276.3 | - | 290.4 | 298.5 | 288.4 | - | 234.6 | 225.6 | 237.6 | - | 234.7 | 230.6 | 232.1 | 52.5 | 276.7 | 308.6 | 274.0 | 36.8 | 220.2 | 239.9 | 255.8 | 61.6 | 225.6 | 177.9 | 171.5 | 62.9 | 207.7 | 222.1 | 225.9 | 56.6 | 197.1 | 230.4 | 216.0 | 42.4 | 113.8 | 120.2 | 151.1 | 48.3 | 151.0 | 144.7 | 139.0 | 29.7 | 100.9 | 109.1 | 203.3 | 54.0 | 109.3 | 114.7 | 157.5 | 50.0 | 112.7 | 112.7 | - |
Cash Conversion Cycle |
272.0 | - | 260.8 | 250.7 | 242.0 | - | 224.1 | 227.6 | 231.9 | - | 233.1 | 237.8 | 231.5 | - | 190.7 | 178.4 | 186.8 | - | 180.3 | 178.9 | 187.9 | 52.5 | 227.9 | 254.5 | 230.8 | 36.8 | 191.1 | 208.4 | 212.9 | 61.6 | 180.6 | 142.7 | 131.2 | 62.9 | 149.4 | 162.0 | 170.4 | 56.6 | 157.4 | 183.4 | 163.8 | 42.4 | 82.1 | 86.9 | 116.4 | 48.3 | 123.8 | 119.0 | 96.0 | 29.7 | 53.6 | 57.1 | 131.3 | 54.0 | 80.6 | 83.1 | 116.8 | 50.0 | 85.5 | 84.2 | - |
All numbers in USD currency
Multiples are an important financial analysis tool for the company Veeco Instruments , allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.
Advantages of Using Financial Ratios- Simplified Data Analysis
Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition. - Comparability Between Companies
Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations. - Identification of Trends and Issues
Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks. - Decision Support
Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions. - Accelerated Assessment of Investment Attractiveness
Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.
Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.