Veeco Instruments Inc

Veeco Instruments Inc

VECO · NASDAQ · Technology / Semiconductor Equipment & Materials

39.06USD-1.27 (-3.15%)

Price History

Full chart

Market Stats

Previous Close40.33
Open39.99
Day Range37.86 – 40.14
52-Week Range26.00 – 86.63
Volume453.70K
Market Cap3.03B
P/E (TTM)130.71
Forward P/E14.33
EPS0.38
Dividend Yield0.00%
Beta1.36
50-Day Avg47.84
200-Day Avg44.80

About

Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally. It offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, advanced packaging lithography, atomic layer deposition, and other deposition systems. The company's process equipment systems are used in the production of a range of microelectronic components, including logic, dynamic random-access memory, photonics devices, power electronics, radio frequency filters and amplifiers, magnetic heads for hard disk drives, and other semiconductor devices. In addition, it markets and sells its products to integrated device manufacturers and foundries; outsourced semiconductor assembly and test companies; and hard disk drive and photonics manufacturers, as well as research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.

Company Details

  • SectorTechnology
  • IndustrySemiconductor Equipment & Materials
  • CEODr. William John Miller Ph.D.
  • Employees1.26K
  • Headquarters1 Terminal Drive, Plainview, NY, United States, 11803, USA
  • Websitehttps://www.veeco.com

Leadership

  • Dr. William John Miller Ph.D.CEO & Director · b. 1968
  • Mr. John P. Kiernan CPASenior VP & CFO · b. 1962
  • Dr. Peter Porshnev Ph.D.Senior VP of Digital Solutions & CTO · b. 1964
  • Ms. Susan WilkersonSenior Vice President of Global Sales & Services · b. 1961
  • Dr. Adrian Devasahayam Ph.D.Senior VP & GM of Ion Beam Technologies · b. 1971
  • Mr. Jean-Charles BossertSenior Vice President of Global Operations
  • Mr. Robert W. BradshawChief Administrative Officer
  • Ms. Alex DelacroixDirector of Investor Relations
  • Mr. Kirk W. MackeyVP, Head of Legal, General Counsel & Secretary

Financials

Income Statement

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue43.10M49.40M72.40M96.80M165.40M206.80M246.60M386.67M449.25M298.88M279.32M390.44M410.19M441.03M402.48M442.81M380.15M933.23M979.13M516.02M331.75M392.87M477.04M332.45M484.76M542.08M419.35M454.16M583.28M646.14M666.43M717.30M664.29M
Growth (%)-+14.62%+46.56%+33.70%+70.87%+25.03%+19.25%+56.80%+16.19%-33.47%-6.55%+39.78%+5.06%+7.52%-8.74%+10.02%-14.15%+145.49%+4.92%-47.30%-35.71%+18.42%+21.42%-30.31%+45.81%+11.83%-22.64%+8.30%+28.43%+10.78%+3.14%+7.63%-7.39%
Cost of Revenue24.50M27.80M38.30M53.50M86.90M107.10M119.90M216.02M260.15M183.04M152.31M238.69M236.09M246.91M244.96M266.21M228.59M489.41M504.80M300.89M228.61M257.99M299.80M199.59M300.44M348.36M261.15M259.86M341.00M382.99M381.38M413.30M398.88M
Gross Profit18.60M21.60M34.10M43.30M78.50M99.70M126.70M170.65M189.10M115.84M127.01M151.76M174.10M194.12M157.51M176.59M151.56M443.82M474.33M215.13M103.14M134.88M177.24M132.86M184.32M193.72M158.19M194.30M242.27M263.15M285.06M304.00M265.41M
Gross Margin43.16%43.72%47.10%44.73%47.46%48.21%51.38%44.13%42.09%38.76%45.47%38.87%42.44%44.02%39.14%39.88%39.87%47.56%48.44%41.69%31.09%34.33%37.15%39.96%38.02%35.74%37.72%42.78%41.54%40.73%42.77%42.38%39.95%
Operating Expense16.60M17.70M25.10M30.90M53.30M74.10M89.70M148.32M168.78M253.74M136.34M163.31M163.03M171.67M169.57M247.15M159.00M166.25M198.07M173.17M174.95M214.09M200.47M253.26M248.10M609.22M197.77M171.74M185.56M202.85M215.12M237.02M229.70M
Operating Income2.00M3.90M9.00M12.40M25.20M25.60M37.00M22.33M20.32M-137.90M-9.32M-11.56M11.07M22.46M-12.06M-70.56M-7.43M277.57M276.26M41.96M-71.81M-79.21M-23.23M-120.40M-63.78M-415.50M-39.58M22.57M56.71M60.30M69.94M66.98M35.71M
Operating Margin4.64%7.89%12.43%12.81%15.24%12.38%15.00%5.77%4.52%-46.14%-3.34%-2.96%2.70%5.09%-3.00%-15.93%-1.96%29.74%28.21%8.13%-21.65%-20.16%-4.87%-36.22%-13.16%-76.65%-9.44%4.97%9.72%9.33%10.49%9.34%5.38%
EBITDA3.30M5.30M12.80M13.50M43.30M35.97M52.92M37.88M46.02M-98.72M20.94M21.49M43.51M57.79M17.63M-35.01M10.02M282.27M289.58M46.87M-52.19M-53.07M17.67M-86.57M-19.44M-362.32M-21.47M46.97M80.10M88.14M8.40M105.02M51.66M
EBITDA Margin7.66%10.73%17.68%13.95%26.18%17.39%21.46%9.80%10.24%-33.03%7.50%5.50%10.61%13.10%4.38%-7.91%2.63%30.25%29.57%9.08%-15.73%-13.51%3.70%-26.04%-4.01%-66.84%-5.12%10.34%13.73%13.64%1.26%14.64%7.78%
Net Income-400.00K1.50M6.80M8.00M12.30M12.70M20.40M-17.88M10.31M-123.73M-9.75M-62.55M-897.00K14.92M-17.36M-71.06M-15.57M361.76M127.99M30.93M-42.26M-66.94M-31.98M-122.21M-44.79M-407.09M-78.73M-8.39M26.04M166.94M-30.37M73.71M35.39M
Net Income Margin-0.93%3.04%9.39%8.26%7.44%6.14%8.27%-4.62%2.29%-41.40%-3.49%-16.02%-0.22%3.38%-4.31%-16.05%-4.09%38.76%13.07%5.99%-12.74%-17.04%-6.70%-36.76%-9.24%-75.10%-18.78%-1.85%4.46%25.84%-4.56%10.28%5.33%
R&D--7.10M9.80M18.40M27.40M31.50M53.90M59.72M53.89M48.87M58.34M60.38M61.92M61.17M60.35M57.43M71.39M96.60M95.15M81.42M81.17M78.54M81.02M81.99M97.75M90.56M78.99M88.68M103.56M112.85M124.51M119.64M
R&D as % of Total Revenue--9.81%10.12%11.12%13.25%12.77%13.94%13.29%18.03%17.50%14.94%14.72%14.04%15.20%13.63%15.11%7.65%9.87%18.44%24.54%20.66%16.46%24.37%16.91%18.03%21.59%17.39%15.20%16.03%16.93%17.36%18.01%
Interest Expense00000002.37M2.43M10.54M10.33M10.25M10.20M9.19M6.98M6.40M6.85M6.57M4.60M0598.00K715.00K464.00K222.00K19.46M21.52M22.09M24.74M28.36M11.51M11.77M11.04M9.14M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.61%0.54%3.52%3.70%2.63%2.49%2.08%1.73%1.45%1.80%0.70%0.47%0.00%0.18%0.18%0.10%0.07%4.01%3.97%5.27%5.45%4.86%1.78%1.77%1.54%1.38%

Balance Sheet

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets32.60M40.90M67.40M80.30M127.70M172.80M265.30M423.28M755.52M606.82M596.46M576.91M567.86M589.60M529.33M429.54M605.37M1.15B936.06M937.30M947.97M929.46M890.79M758.53M1.39B900.82M818.09M898.06M898.98M1.13B1.23B1.25B1.33B
Total Liabilities34.30M12.60M17.60M22.30M45.90M59.60M72.90M140.38M331.55M299.25M290.13M324.56M319.27M306.21M254.64M214.07M246.31M385.52M175.54M126.09M167.74M190.52M176.17M163.94M546.57M463.04M443.58M489.69M461.35M550.36M556.60M480.81M440.29M
Total Equity-1.70M28.30M49.80M58.00M81.80M113.20M192.40M282.91M423.97M307.57M306.33M252.35M248.59M281.75M273.68M214.69M359.06M762.51M760.52M811.21M780.23M738.93M714.62M594.60M840.71M437.77M374.51M408.37M437.63M577.82M672.44M770.77M885.51M
Cash400.00K2.30M17.60M21.20M18.50M23.50M29.40M63.42M203.15M214.29M106.83M100.28M124.50M147.05M117.08M103.80M148.59M245.13M217.92M384.56M210.80M270.81M269.23M277.44M279.74M212.27M129.29M129.63M119.75M154.93M158.78M145.59M163.47M
Total Debt25.00M--2.70M2.50M17.10M17.00M16.06M219.06M230.59M230.27M229.94M229.58M209.20M146.59M108.86M101.18M104.02M2.65M2.41M2.14M1.85M1.53M1.19M329.52M291.32M314.56M331.57M266.71M311.57M310.50M314.27M262.01M
Net Debt24.60M-2.30M-17.60M-18.50M-16.00M-6.40M-12.40M-47.36M15.91M16.29M123.44M129.66M105.08M62.16M29.50M5.07M-47.41M-141.11M-215.27M-382.15M-208.66M-268.96M-267.70M-276.25M-4.11M75.12M185.27M201.94M146.96M156.65M151.71M168.68M98.54M

Cash Flow

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow100.00K800.00K2.00M7.20M6.80M10.80M14.00M10.31M21.74M-2.16M21.77M999.00K44.91M46.02M39.19M44.26M57.85M194.21M115.44M111.96M727.00K42.07M15.79M-23.84M34.15M-37.74M-7.42M43.02M67.74M108.48M61.67M63.81M63.81M
Investing Cash Flow-400.00K-500.00K-1.00M--13.50M-8.10M-61.60M-4.66M-75.36M2.93M-131.24M-12.75M-24.56M-18.74M-8.78M-23.68M-154.76M-121.62M106.29M48.32M-168.06M8.10M-7.08M46.71M-357.84M-18.30M-75.87M-71.79M44.53M-68.88M-53.33M-64.55M-64.55M
Financing Cash Flow-100.00K1.90M14.40M100.00K1.90M1.40M53.20M25.58M191.23M12.01M2.65M5.38M1.78M-4.35M-59.48M-33.00M141.87M25.50M-249.94M5.55M-5.77M9.69M-10.20M-14.63M325.94M-11.46M126.00K29.10M-122.03M-4.55M-4.68M-12.58M-12.58M
Capital Expenditure400.00K400.00K1.00M3.80M9.10M8.10M10.50M17.81M19.18M8.64M8.08M15.48M11.68M17.40M9.09M12.81M8.35M10.72M60.36M24.99M9.17M15.59M13.89M11.48M24.27M12.65M10.87M6.80M40.64M24.60M27.93M18.11M18.11M
Free Cash Flow-300.00K400.00K1.00M3.40M-2.30M2.70M3.50M-7.50M2.56M-10.80M13.69M-14.48M33.23M28.61M30.09M31.46M49.50M183.49M55.08M86.97M-8.45M26.48M1.90M-35.32M9.87M-50.39M-18.29M36.22M27.10M83.88M33.74M45.70M45.70M
Dividends Paid------------------0000000--556.00K5.59M----
FCF to OCF-300.00%50.00%50.00%47.22%-33.82%25.00%25.00%-72.71%11.79%500.74%62.90%-1449.15%74.00%62.18%76.80%71.07%85.57%94.48%47.71%77.68%-1161.90%62.95%12.05%148.14%28.92%133.53%246.62%84.19%40.00%77.32%54.71%71.62%71.62%
Dividend Paid to FCF------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%--1.54%20.63%----

Earnings

Report DateApr 24, 1995Jul 19, 1995Oct 19, 1995Jan 24, 1996Apr 24, 1996Jul 25, 1996Oct 24, 1996Jan 27, 1997Apr 23, 1997Jul 30, 1997Oct 23, 1997Feb 9, 1998Apr 27, 1998Jul 29, 1998Oct 22, 1998Feb 9, 1999Apr 26, 1999Jul 28, 1999Oct 26, 1999Feb 10, 2000Apr 25, 2000Jul 28, 2000Oct 27, 2000Feb 6, 2001Apr 20, 2001Jul 27, 2001Oct 26, 2001Feb 8, 2002Apr 26, 2002Jul 29, 2002Oct 28, 2002Feb 11, 2003Apr 28, 2003Jul 29, 2003Oct 27, 2003Feb 6, 2004Apr 26, 2004Jul 26, 2004Oct 25, 2004Mar 16, 2005Apr 26, 2005Jul 25, 2005Oct 24, 2005Feb 13, 2006Apr 25, 2006Jul 24, 2006Oct 23, 2006Feb 12, 2007Apr 24, 2007Jul 27, 2007Oct 22, 2007Feb 11, 2008Apr 28, 2008Jul 28, 2008Oct 27, 2008Feb 9, 2009Apr 27, 2009Jul 27, 2009Oct 26, 2009Feb 8, 2010Apr 26, 2010Jul 26, 2010Oct 25, 2010Feb 7, 2011Apr 25, 2011Jul 28, 2011Oct 24, 2011Feb 6, 2012Apr 30, 2012Jul 26, 2012Oct 22, 2012Feb 8, 2013Apr 29, 2013Jul 29, 2013Nov 8, 2013Feb 19, 2014May 5, 2014Jul 30, 2014Oct 29, 2014Feb 17, 2015May 6, 2015Aug 3, 2015Oct 28, 2015Feb 22, 2016May 4, 2016Aug 1, 2016Nov 1, 2016Feb 16, 2017May 4, 2017Aug 3, 2017Nov 2, 2017Feb 12, 2018May 7, 2018Aug 2, 2018Nov 1, 2018Feb 11, 2019May 6, 2019Aug 5, 2019Nov 4, 2019Feb 13, 2020May 7, 2020Aug 3, 2020Oct 27, 2020Feb 11, 2021May 4, 2021Aug 3, 2021Nov 2, 2021Feb 16, 2022May 9, 2022Aug 8, 2022Nov 7, 2022Feb 15, 2023May 8, 2023Aug 7, 2023Nov 6, 2023Feb 14, 2024May 7, 2024Aug 6, 2024Nov 6, 2024Feb 12, 2025May 7, 2025Aug 6, 2025Nov 5, 2025Feb 25, 2026May 5, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate0.160.230.280.320.310.340.330.320.350.420.450.420.250.220.250.270.300.350.350.390.250.200.190.330.450.400.310.07-0.06-0.03-0.13-0.030.040.020.090.140.050.060.010.060.130.160.060.160.160.210.070.09-0.070.050.030.090.130.08-0.24-0.190.010.330.480.831.251.601.201.351.120.660.210.380.31----0.04-0.33-0.16-0.18-0.110.04-0.100.170.30-0.02-0.29-0.21-0.150.070.080.060.030.090.060.130.08-0.16-0.21-0.09-0.010.080.060.070.200.320.230.270.350.370.350.290.410.320.200.300.370.420.410.430.450.400.320.230.130.270.230.130.32
EPS Actual0.170.250.330.330.310.350.340.360.430.490.510.300.300.240.260.270.320.350.390.390.140.210.200.390.510.420.320.11-0.110.02-0.07-0.110.030.030.030.030.110.150.050.030.010.090.140.220.090.180.190.280.100.05-0.050.070.090.160.150.11-0.22-0.380.160.410.491.011.461.621.331.341.330.720.490.370.34-0.23-0.26-0.11-0.08-0.42-0.06-0.16-0.020.13-0.010.200.330.01-0.15-0.19-0.050.090.090.150.090.190.200.150.11-0.16-0.14-0.060.050.110.220.110.220.300.250.350.400.430.380.350.450.380.300.360.530.510.450.420.460.410.370.360.200.240.140.19-
Surprise6.25%8.70%17.86%3.13%0.00%2.94%3.03%12.50%22.86%16.67%13.33%-28.57%20.00%9.09%4.00%0.00%6.67%0.00%11.43%0.00%-44.00%5.00%5.26%18.18%13.33%5.00%3.23%57.14%-81.00%--338.33%15.38%-0.00%-25.00%50.00%22.22%7.14%0.00%-50.00%0.00%50.00%7.69%37.50%50.00%12.50%18.75%33.33%42.86%-44.44%28.57%40.00%200.00%77.78%15.38%37.50%8.33%-100.00%1500.00%24.24%2.08%21.69%16.80%1.25%10.83%-0.74%18.75%9.09%133.33%-2.63%9.68%----100.00%-27.27%62.50%11.11%81.82%225.00%90.00%17.65%10.00%150.00%48.28%9.52%66.67%28.57%12.50%150.00%200.00%111.11%233.33%15.38%37.50%0.00%33.33%33.33%600.00%37.50%266.67%57.14%10.00%-6.25%8.70%29.63%14.29%16.22%8.57%20.69%9.76%18.75%50.00%20.00%43.24%21.43%9.76%-2.33%2.22%2.50%15.63%56.52%53.85%-9.71%-39.13%46.15%-
Timing-------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-market-------------Pre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-After-hoursAfter-hoursAfter-hours-After-hoursPre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours---Pre-market-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap3.03B
Enterprise Value2.69B
Trailing P/E130.71
Forward P/E14.33
PEG Ratio0.81
Price / Sales4.45
Price / Book3.18
EPS0.38
Book Value14.77
Revenue (TTM)682.72M
Gross Profit (TTM)258.48M
EBITDA49.27M
Profit Margin3.40%
Operating Margin6.68%
Return on Equity2.64%
Return on Assets1.37%
Shares Outstanding61.03M
Shares Float60.13M
Beta1.36
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 7 analystsTarget 61.33
  • Strong Buy
    4
  • Buy
    1
  • Hold
    2

Ownership Breakdown

Institutions
116.33%
Insiders
2.15%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    9.41M15.39%
  • FMR Inc
    8.98M14.69%
  • Vanguard Portfolio Management, LLC
    4.68M7.66%
  • Neuberger Berman Group LLC
    3.45M5.64%
  • Vanguard Capital Management, LLC
    2.64M4.33%
  • State Street Corp
    2.48M4.05%
  • Manufacturers Life Insurance Co
    2.47M4.04%
  • Westwood Holdings Group Inc
    2.11M3.45%
  • Paradigm Capital Management, Inc.
    2.07M3.38%
  • Fisher Asset Management, LLC
    1.69M2.76%
  • Dimensional Fund Advisors, Inc.
    1.64M2.68%
  • Geode Capital Management, LLC
    1.59M2.60%
  • The Goldman Sachs Group Inc
    1.06M1.73%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    3.72M6.09%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.85M3.02%
  • iShares Russell 2000 ETF
    1.54M2.52%
  • Vanguard Information Technology ETF
    1.51M2.47%
  • Vanguard Small Cap Index
    1.33M2.18%
  • Fidelity VIP Mid Cap Initial
    1.27M2.08%
  • Fidelity Small Cap Growth
    1.20M1.97%