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Veeco Instruments Inc (VECO)

Common Stock · Currency in USD · XNAS

Veeco Instruments Inc is a United States-based company engaged in designing, developing, and manufacturing thin-film process equipment, mainly used for producing electronic devices. The company focuses on semiconductor process equipment that addresses a range of challenging materials engineering problems for its customers. Its products include Laser Processing Systems, Lithography Systems, Ion Beam Systems, SiC CVD Systems, MOCVD Systems, Wet Processing Systems, MBE Technologies, Atomic Layer Deposition Systems, Physical Vapor Deposition Systems, Dicing and Lapping Systems, as well as Gas & Vapor Delivery Systems. The maximum of the company's revenue is generated from sales to the Semiconductor Industry and within China.

Company Info

SIC3559
Composite FIGIBBG000BDCB28
CIK0000103145
IPODec 20, 1994
Sectorspecial industry machinery, nec

Highlights

Market Cap$2.08B
EPS$0.72
P/E Ratio48.96
Revenue$663.97M
Gross Profit$270.81M
Net Income$42.38M
Employees1,265
WSO60,391,991
Phone516 677-0200

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Analysis

Share Price Chart

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Veeco Instruments Inc, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.

Returns By Period

Veeco Instruments Inc (VECO) has returned 17.67% so far this year and 100.35% over the past 12 months. Looking at the last ten years, VECO has achieved an annualized return of 5.54%, underperforming the Benchmark (SPY), which averaged 12.23% per year.

VECO

1M6.71%
6M7.58%
YTD17.67%
1Y100.35%
5Y10.19%
10Y5.54%

Benchmark (SPY)

1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%

Monthly Returns

The table below presents the monthly returns of Veeco Instruments Inc (VECO) with color gradation from worst to best to easily spot seasonal factors.

JanFebMarAprMayJunJulAugSepOctNovDec
20266.95%-2.21%10.37%0.09%
2025-5.93%-10.14%-10.68%-6.22%1.74%5.67%3.13%20.91%27.80%-10.91%1.14%-1.18%
20243.91%12.98%-3.54%0.40%16.41%13.37%-11.40%-12.76%-4.00%-13.13%-3.66%-3.87%
20235.13%6.19%-1.35%-12.58%32.16%5.46%9.66%4.25%-5.32%-14.99%19.57%9.49%
2022-4.05%2.40%-4.46%-16.20%-6.38%-10.31%14.50%-2.36%-11.07%-1.62%7.29%-7.15%
20214.53%14.54%-4.24%9.52%3.75%0.12%-3.53%-2.06%-2.80%8.73%8.80%4.90%
2020-14.60%5.02%-29.01%17.91%12.13%15.30%0.37%-12.83%-2.51%7.97%28.84%4.24%
201935.31%15.94%-5.90%10.83%-6.66%5.53%-4.95%-22.18%26.82%16.09%-0.15%7.35%
201811.37%9.67%-6.08%-8.58%11.07%-16.91%3.53%-18.64%-13.50%-7.67%31.93%-17.39%
2017-11.36%5.39%7.57%10.18%-4.84%-12.01%9.41%-39.23%12.04%-16.05%-11.75%-7.76%
2016-4.66%-3.52%-6.81%1.70%17.64%-0.25%10.60%21.97%9.59%

Performance Indicators

The charts below present risk-adjusted performance metrics for Veeco Instruments Inc (VECO) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio

-2.00-1.000.001.002.003.00SPY: 0.92VECO: 1.27

Sortino ratio

-6.00-4.00-2.000.002.004.00SPY: 1.40VECO: 2.04

Omega ratio

0.501.001.502.00SPY: 1.22VECO: 1.25

Calmar ratio

0.002.004.006.00SPY: 1.20VECO: 2.95

Martin ratio

0.001.003.00SPY: 0.42VECO: 0.51

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.

The chart below shows the rolling Sharpe ratio of VECO compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Volatility Chart

The current Veeco Instruments Inc volatility is 3.56%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.

Income Statement

The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.

202520242023202220212020201920182017201620152014201320122011
Liabilities And Equity (USD)1.33B1.25B1.23B1.13B898.98M898.06M818.09M900.82M1.39B758.53M890.79M929.46M947.97M937.30M936.06M
Equity Attributable To Parent (USD)885.51M770.77M672.44M577.82M437.63M408.37M374.51M437.78M840.71M594.60M714.62M738.93M780.23M811.21M760.52M
Equity Attributable To Noncontrolling Interest (USD)---------------
Equity (USD)885.51M770.77M672.44M577.82M437.63M408.37M374.51M437.78M840.71M594.60M714.62M738.93M780.23M811.21M760.52M
Other Non-current Liabilities (USD)36.22M12.33M63.63M17.80M42.71M21.89M---19.23M12.41M20.27M37.41M11.40M5.42M
Long-term Debt (USD)226.01M276.20M274.94M274.66M229.44M321.12M---1.19M1.53M1.85M2.14M2.41M2.65M
Noncurrent Liabilities (USD)262.23M288.53M338.57M292.46M272.14M343.01M325.35M302.99M323.12M20.43M13.94M22.12M39.55M13.81M8.08M
Other Current Liabilities (USD)100.94M118.37M147.33M175.81M109.04M86.40M81.77M99.96M140.14M102.12M101.24M123.69M81.42M71.62M108.05M
Wages (USD)21.77M30.40M28.32M30.04M35.71M26.63M15.17M20.49M33.00M18.78M30.92M26.61M11.02M14.58M19.02M
Accounts Payable (USD)55.34M43.52M42.38M52.05M44.46M33.66M21.28M39.61M50.32M22.61M30.07M18.11M35.76M26.09M40.40M
Current Liabilities (USD)178.06M192.28M218.03M257.90M189.20M146.68M118.22M160.05M223.46M143.51M162.23M168.41M128.19M112.29M167.47M
Liabilities (USD)440.29M480.81M556.60M550.36M461.35M489.69M443.58M463.04M546.57M163.94M176.17M190.52M167.74M126.09M175.54M
Other Non-current Assets (USD)371.81M373.26M404.30M352.00M215.94M199.68M204.98M215.30M335.39M138.00M137.39M----
Intangible Assets (USD)----33.91M46.19M61.52M85.15M369.84M58.38M131.67M159.31M114.72M20.97M25.88M
Fixed Assets (USD)108.65M113.79M118.46M107.28M99.74M65.27M75.71M80.28M85.06M60.65M79.59M78.75M89.14M98.30M86.07M
Noncurrent Assets (USD)480.46M487.05M522.76M459.28M349.59M311.13M342.21M380.74M790.30M257.02M348.65M78.75M89.14M98.30M88.41M
Other Current Assets (USD)570.04M517.80M468.64M461.99M378.53M441.03M342.81M363.77M476.73M424.45M464.67M494.19M553.92M684.68M641.11M
Inventory (USD)275.30M246.74M237.64M206.91M170.86M145.91M133.07M156.31M120.27M77.06M77.47M61.47M59.73M59.81M113.43M
Current Assets (USD)845.34M764.53M706.28M668.90M549.39M586.93M475.88M520.08M596.99M501.51M542.14M555.66M613.64M744.48M754.54M
Assets (USD)1.33B1.25B1.23B1.13B898.98M898.06M818.09M900.82M1.39B758.53M890.79M929.46M947.97M937.30M936.06M

News and Insights

Veeco Stockholders Approve Merger with Axcelis

Veeco Instruments Inc. stockholders have voted to approve all proposals related to the company's pending merger with Axcelis Technologies Inc. The merger completion remains subject to regulatory approval from China's State Administration for Market Regulation, with both companies expecting the deal to close in the second half of 2026.

Benzinga faviconBenzingaGlobe Newswire
Top Security Executives Recognized at the 2025 NewYorkCISO ORBIE Awards

The 2025 NewYorkCISO ORBIE Awards honored top security executives from various organizations, recognizing their leadership in cybersecurity across different company sizes and industries.

GlobeNewswire Inc. faviconGlobeNewswire Inc.Nicole Lammes
GaN LED Chips Market Analysis and Forecast 2025-2034 | Set to Surpass USD 74 Billion by 2034 Driven by Micro-LED Demand Across Consumer Electronics and Automotive Sectors

The GaN LED chips market is projected to reach $74 billion by 2034, driven by rising demand for micro-LED displays in consumer electronics and automotive sectors. Key factors driving growth include enhanced brightness, color accuracy, and energy efficiency of GaN-based LEDs.

GlobeNewswire Inc. faviconGlobeNewswire Inc.Researchandmarkets.Com
Veeco Announces Upcoming Investor Event

Veeco Instruments Inc. (NASDAQ: VECO) announced that it will participate in a Fireside Chat at Morgan Stanley's Technology, Media, & Telecom Conference on March 3rd, 2025. The company will also be available for investor meetings during the conference.

GlobeNewswire Inc. faviconGlobeNewswire Inc.
Veeco Announces Agreement with IBM to Explore Wet Processing System for Advanced Packaging Applications

Veeco and IBM have entered into a joint development agreement to explore advanced packaging applications using Veeco's WaferStorm Wet Processing System. The system will be installed at IBM's facilities in Albany, NY, where it will enable crucial hybrid bonding cleaning processes.

GlobeNewswire Inc. faviconGlobeNewswire Inc.
Atomic Layer Deposition Market to Reach $6.1 Billion, Globally, by 2031 at 12.3% CAGR: Allied Market Research

The global atomic layer deposition market is expected to grow significantly due to increasing demand for miniaturized and highly efficient electronic devices, as well as expanding applications in the medical and automotive industries.

GlobeNewswire Inc. faviconGlobeNewswire Inc.Allied Market Research
Where Veeco Instruments Stands With Analysts - Benzinga

Veeco Instruments (VECO) has received mixed analyst ratings over the past 3 months, with an average 12-month price target of $45, up from the previous $40.17. Analysts have maintained, raised, or lowered their ratings based on the company's performance and market conditions.

Benzinga faviconBenzingaBenzinga Insights, Benzinga Staff Writer