Veeco Instruments Inc.(VECO) Stock Research - Grey Stern Research

Veeco Instruments Inc. (VECO) Stock Analysis

$28.93 (-0.36%)

VECO Financial Performance


Use the table below to view Veeco Instruments Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $29.03 -
52 Week Low $25.52 -
52 Week High $49.25 -
Market Cap $1.6 Billion 2/4
Gross Margin 43% 3/4
Profit Margin 12% 3/4
EBITDA margin 13% 3/4
Q3 - 2024 Revenue $184.8 Million 2/4
Q3 - 2024 Earnings $22.0 Million 2/4
Q3 - 2024 Free Cash Flow $13.6 Million 3/4
Trailing 4 Quarters Revenue $709.1 Million 1/4
Trailing 4 Quarters Earnings $80.9 Million 2/4
Quarterly Earnings Growth -11% 2/4
Annual Earnings Growth 135% 1/4
Quarterly Revenue Growth 4% 1/4
Annual Revenue Growth 7% 1/4
Cash On Hand $163.2 Million 3/4
Short Term Debt $26.5 Million 1/4
Long Term Debt $283.8 Million 1/4

Veeco Instruments Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Veeco Instruments Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 20.37 2/4
PS 2.32 4/4
PB 2.21 3/4
PC 10.10 3/4
Liabilities to Equity 0.71 1/4
ROA 0.06 3/4
ROE 0.11 2/4
Current Ratio 2.42 4/4
Quick Ratio 0.61 4/4
Long Term Debt to Equity 0.38 1/4
Debt to Equity 0.42 1/4
Burn Rate -41.01 4/4
Cash to Cap 0.10 2/4
CCR 0.62 4/4
EV to EBITDA 73.78 3/4
EV to Revenue 2.53 3/4

Company Details

Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, and atomic layer deposition and other deposition systems, as well as packaging lithography equipment. Its 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, the company markets and sells its products to integrated device manufacturers and foundries; outsourced semiconductor assembly and test, hard disk drive, and photonics manufacturers; and research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.

CEO: Dr. William Miller

Website: https://www.veeco.com

Address: TERMINAL DRIVE Plainview, NEW YORK

Exchange: NASDAQ Global Select

Industry: Semiconductor Equipment & Materials

Veeco Instruments Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Veeco Instruments Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Kulicke and Soffa Industries, Inc. KLIC $2.7 Billion
Photronics, Inc. PLAB $1.6 Billion
NVE Corporation NVEC $379.1 Million
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
VECO Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 184.8 Million $22.0 Million
Q2 2024 $ 175.9 Million $15.5 Million
Q1 2024 $ 174.5 Million $21.9 Million
Q4 2023 $ 173.9 Million $21.6 Million
Q3 2023 $ 177.4 Million $24.6 Million
Q2 2023 $ 161.6 Million -$85.3 Million
Q1 2023 $ 153.5 Million $8.7 Million
Q4 2022 $ 153.8 Million $128.9 Million

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VECO Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $163.2 Million $1.3 Billion $310.3 Million $746.5 Million
Q2 2024 $174.5 Million $1.2 Billion $314.1 Million $715.0 Million
Q1 2024 $174.0 Million $1.2 Billion $310.1 Million $687.9 Million
Q4 2023 $159.1 Million $1.2 Billion $310.5 Million $672.4 Million
Q3 2023 $156.4 Million $1.2 Billion $306.8 Million $644.5 Million
Q2 2023 $180.5 Million $1.2 Billion $307.2 Million $612.6 Million
Q1 2023 $140.7 Million $1.2 Billion $288.2 Million $585.6 Million
Q4 2022 $154.9 Million $1.1 Billion $308.2 Million $577.8 Million

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VECO Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $13.6 Million -$4.0 Million -$11.0 Million
Q2 2024 $5.5 Million -$3.0 Million $129,000
Q1 2024 $3.4 Million -$6.0 Million $15.2 Million
Q4 2023 $18.8 Million -$10.7 Million $2.3 Million
Q3 2023 $659,000 -$6.4 Million -$24.2 Million
Q2 2023 $7.3 Million -$3.9 Million $39.8 Million
Q1 2023 $7.0 Million -$6.9 Million -$14.3 Million
Q4 2022 $30.3 Million -$2.8 Million -$14.2 Million

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