VECO
Neutral signalScored 2026-08-21 Drivers: fundamentals. Insiders: neutral. Moteurs : fondamentaux. Initiés : neutre.
Research, not advice.
À propos
Veeco Instruments Inc.
- Nom
- Veeco Instruments Inc.
- Secteur
- Technology
- Industrie
- Semiconductors
- Bourse
- NASDAQ
- Capitalisation
- $2.6B
- Employés
- 1,265
- PDG
- William John Miller
- Site web
- https://www.veeco.com
- Marché
- ASYSCAMTKLACLRCXONTOPLAB
Veeco Instruments Inc., operating globally with its subsidiaries, specializes in the engineering, production, sale, and support of advanced semiconductor and thin film process equipment used primarily in the manufacture of electronic devices. Their comprehensive product portfolio features systems such as laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition (MOCVD), single wafer wet processing and surface preparation, molecular beam epitaxy (MBE), and atomic layer deposition (ALD), alongside other deposition solutions and packaging lithography tools. These advanced processing platforms are essential for manufacturing diverse microelectronic components, including logic chips, dynamic random-access memory (DRAM), photonics devices, power electronics, radio frequency (RF) filters and amplifiers, magnetic heads for hard disk drives, and various other semiconductor applications. The company's clientele encompasses integrated device manufacturers (IDMs), foundries, outsourced semiconductor assembly and test (OSAT) providers, hard disk drive and photonics producers, as well as educational institutions and research facilities. Established in 1945, Veeco Instruments Inc. is headquartered in Plainview, New York.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
VENTE TOTALE: 200 000 titres (~10 570 000,00 $ US)
- Insiders
- Miller William John
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$3,852,280
Avg sell (VWAP, 90d window) $54.49 vs last close —
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
$3,852,280 of that total is under a Rule 10b5-1 plan. It is shown here and left out of the score.
- Last activity
- 2026-08-17
- Last synced
-
2026-08-23 00:12:53
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-08-17 | Miller William John | Sell · S · 10b5-1 | 70,697 | $54.49 | $3,852,280 | Form 4 |
Sales marked 10b5-1 are scheduled in advance and don't count toward the Quorum score. Les ventes marquées 10b5-1 sont planifiées à l'avance et ne pèsent pas dans le score Quorum.
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Signal
Neutral signalScored 2026-08-21 Drivers: fundamentals. Insiders: neutral. Moteurs : fondamentaux. Initiés : neutre.
VECO presents a mixed profile: a solid liquidity buffer and healthy balance sheet are offset by sharply deteriorating operational profitability and an extended operating cycle, dragging the fundamental trend score to 35.
The first sentence of the analysis written for VECO on 2026-08-21 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Unavailable or mixed. – Insider: neutral. All sales (≈ $3.9M) were pre-planned Rule 10b5-1 trades, excluded from the score. No open-market buys or discretionary sales. – Initiés : neutre. Toutes les ventes (≈ $3.9M) sont sous plan 10b5-1 préétabli, exclues du score. Aucun achat ni vente discrétionnaire.
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Narrative Unavailable or mixed. Stored narrative reading is in the neutral band
- Timing Unavailable or mixed. No stored price series
- Financial indicators Supports a bullish reading. Current ratio 4.75 · operating margin 5.4%
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 40.0% | 42.4% | 42.8% | 40.7% | 41.5% | |
| Ebit Margin | 7.3% | 11.1% | -2.5% | 9.7% | 9.3% | |
| Ebitda Margin | 7.8% | 14.6% | 1.3% | 13.6% | 13.7% | |
| Operating Profit Margin | 5.4% | 9.3% | 10.5% | 9.3% | 9.7% | |
| Pretax Profit Margin | 5.9% | 9.6% | -4.3% | 7.9% | 4.4% | |
| Continuous Operations Profit Margin | 5.3% | 10.3% | -4.6% | 25.8% | 4.5% | |
| Net Profit Margin | 5.3% | 10.3% | -4.6% | 25.8% | 4.5% | |
| Bottom Line Profit Margin | 5.3% | 10.6% | -4.6% | 27.5% | 4.5% | |
| Current Ratio | 4.748 | 3.976 | 3.239 | 2.594 | 2.904 | |
| Quick Ratio | 3.201 | 2.693 | 2.149 | 1.791 | 2.001 | |
| Solvency Ratio | 0.088 | 0.206 | -0.010 | 0.350 | 0.113 | |
| Cash Ratio | 0.918 | 0.757 | 0.728 | 0.601 | 0.633 | |
| Price To Earnings Ratio | 47.633 | 20.458 | -55.411 | 5.546 | 53.717 | |
| Price To Earnings Growth Ratio | -0.879 | -0.061 | 0.475 | 0.010 | -0.130 | |
| Forward Price To Earnings Growth Ratio | -0.879 | -0.061 | 0.475 | 0.010 | -0.130 | |
| Price To Earnings Diluted Ratio | 48.441 | 21.789 | -55.411 | 6.856 | 58.102 | |
| Price To Earnings Diluted Growth Ratio | -0.931 | -0.068 | 0.459 | 0.015 | -0.150 | |
| Price To Book Ratio | 1.914 | 1.962 | 2.481 | 1.605 | 3.192 | |
| Price To Sales Ratio | 2.551 | 2.108 | 2.504 | 1.435 | 2.395 | |
| Price To Free Cash Flow Ratio | 37.083 | 33.089 | 49.444 | 11.055 | 51.556 | |
| Price To Operating Cash Flow Ratio | 26.557 | 23.697 | 27.053 | 8.547 | 20.624 | |
| Debt To Assets Ratio | 0.198 | 0.251 | 0.253 | 0.276 | 0.297 | |
| Debt To Equity Ratio | 0.296 | 0.408 | 0.462 | 0.539 | 0.609 | |
| Debt To Capital Ratio | 0.228 | 0.290 | 0.316 | 0.350 | 0.379 | |
| Long Term Debt To Capital Ratio | 0.203 | 0.245 | 0.290 | 0.306 | 0.344 | |
| Financial Leverage Ratio | 1.497 | 1.624 | 1.828 | 1.952 | 2.054 | |
| Working Capital Turnover Ratio | 1.072 | 1.353 | 1.482 | 1.676 | 1.457 | |
| Operating Cash Flow Ratio | 0.358 | 0.332 | 0.283 | 0.421 | 0.358 | |
| Operating Cash Flow Sales Ratio | 0.096 | 0.089 | 0.093 | 0.168 | 0.116 | |
| Free Cash Flow Operating Cash Flow Ratio | 0.716 | 0.716 | 0.547 | 0.773 | 0.400 | |
| Debt Service Coverage Ratio | 5.217 | 2.928 | 0.541 | 6.443 | 2.837 | |
| Interest Coverage Ratio | 3.908 | 6.064 | 5.942 | 5.239 | 2.000 | |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 2.408 | 0.000 | 5.379 | 0.000 | |
| Operating Cash Flow Coverage Ratio | 0.244 | 0.203 | 0.199 | 0.348 | 0.254 | |
| Capital Expenditure Coverage Ratio | 3.523 | 3.523 | 2.208 | 4.409 | 1.667 | |
| Dividend Paid And Capex Coverage Ratio | 3.523 | 3.523 | 2.208 | 4.409 | 1.667 | |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Enterprise Value Multiple | 34.714 | 16.005 | 216.738 | 12.298 | 19.277 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 40.0% | ▼-2.4% | ▼-1.5% |
| Ebit Margin | 7.3% | ▼-3.8% | ▲0.3% |
| Ebitda Margin | 7.8% | ▼-6.9% | ▼-2.4% |
| Operating Profit Margin | 5.4% | ▼-4.0% | ▼-3.5% |
| Pretax Profit Margin | 5.9% | ▼-3.7% | ▲1.2% |
| Continuous Operations Profit Margin | 5.3% | ▼-5.0% | ▼-2.9% |
| Net Profit Margin | 5.3% | ▼-5.0% | ▼-2.9% |
| Bottom Line Profit Margin | 5.3% | ▼-5.2% | ▼-3.3% |
| Current Ratio | 4.748 | ▲0.771 | ▲1.256 |
| Quick Ratio | 3.201 | ▲0.508 | ▲0.834 |
| Solvency Ratio | 0.087 | ▼-0.118 | ▼-0.062 |
| Cash Ratio | 0.918 | ▲0.161 | ▲0.191 |
| Price To Earnings Ratio | 47.633 | ▲27.175 | ▲33.245 |
| Price To Earnings Growth Ratio | -0.879 | ▼-0.818 | ▼-0.762 |
| Forward Price To Earnings Growth Ratio | -0.879 | ▼-0.818 | ▼-0.762 |
| Price To Earnings Diluted Ratio | 48.441 | ▲26.652 | ▲32.485 |
| Price To Earnings Diluted Growth Ratio | -0.931 | ▼-0.863 | ▼-0.796 |
| Price To Book Ratio | 1.914 | ▼-0.048 | ▼-0.317 |
| Price To Sales Ratio | 2.551 | ▲0.443 | ▲0.353 |
| Price To Free Cash Flow Ratio | 37.083 | ▲3.994 | ▲0.638 |
| Price To Operating Cash Flow Ratio | 26.558 | ▲2.861 | ▲5.262 |
| Debt To Assets Ratio | 0.198 | ▼-0.053 | ▼-0.057 |
| Debt To Equity Ratio | 0.296 | ▼-0.112 | ▼-0.167 |
| Debt To Capital Ratio | 0.228 | ▼-0.061 | ▼-0.084 |
| Long Term Debt To Capital Ratio | 0.203 | ▼-0.041 | ▼-0.074 |
| Financial Leverage Ratio | 1.497 | ▼-0.127 | ▼-0.294 |
| Working Capital Turnover Ratio | 1.072 | ▼-0.281 | ▼-0.336 |
| Operating Cash Flow Ratio | 0.358 | ▲0.026 | ▲0.008 |
| Operating Cash Flow Sales Ratio | 0.096 | ▲0.007 | ▼-0.016 |
| Free Cash Flow Operating Cash Flow Ratio | 0.716 | 0.000 | ▲0.086 |
| Debt Service Coverage Ratio | 5.217 | ▲2.289 | ▲1.624 |
| Interest Coverage Ratio | 3.908 | ▼-2.156 | ▼-0.722 |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | ▼-2.409 | ▼-1.557 |
| Operating Cash Flow Coverage Ratio | 0.244 | ▲0.041 | ▼-0.006 |
| Capital Expenditure Coverage Ratio | 3.523 | 0.000 | ▲0.457 |
| Dividend Paid And Capex Coverage Ratio | 3.523 | 0.000 | ▲0.457 |
| Dividend Payout Ratio | 0.000 | 0.000 | 0.000 |
| Enterprise Value Multiple | 34.714 | ▲18.709 | ▼-25.092 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $1.69B | $1.51B | $1.67B | $927.3M | $1.40B | |
| Enterprise value | $1.79B | $1.68B | $1.82B | $1.08B | $1.54B | |
| EV / Sales | 2.70x | 2.34x | 2.73x | 1.68x | 2.65x | |
| EV / Op. cash flow | 28.10x | 26.34x | 29.51x | 9.99x | 22.79x | |
| EV / Free cash flow | 39.24x | 36.78x | 53.94x | 12.92x | 56.98x | |
| EV / EBITDA | 34.71x | 16.00x | 216.74x | 12.30x | 19.28x | |
| Net debt / EBITDA | 1.91x | 1.61x | 18.07x | 1.78x | 1.83x | |
| Current ratio | 4.75x | 3.98x | 3.24x | 2.59x | 2.90x | |
| Income quality | 1.80x | 0.87x | -2.03x | 0.65x | 2.60x | |
| Graham number | $14 | $20 | — | $30 | $10 | |
| Graham net-net | $3 | $2 | -$1 | -$1 | -$1 | |
| Tax burden | 89.9% | 107.1% | 107.2% | 327.4% | 101.4% | |
| Interest burden | 81.2% | 86.2% | 171.0% | 81.6% | 47.5% | |
| Working capital | $667.3M | $572.2M | $488.2M | $411.0M | $360.2M | |
| Invested capital | $1.02B | $936.3M | $890.0M | $750.6M | $704.6M | |
| Return on assets | 2.7% | 5.9% | -2.5% | 14.8% | 2.9% | |
| Operating ROA | 2.8% | 5.4% | 5.9% | 5.9% | 6.3% | |
| Return on tangible assets | 3.2% | 7.2% | -3.1% | 18.1% | 3.8% | |
| Return on equity | 4.0% | 9.6% | -4.5% | 28.9% | 5.9% | |
| Return on invested capital | 2.8% | 6.1% | 6.9% | 6.7% | 7.9% | |
| Return on capital employed | 3.1% | 6.3% | 6.9% | 6.9% | 8.0% | |
| Earnings yield | 2.1% | 4.9% | -1.8% | 18.0% | 1.9% | |
| Free cash flow yield | 2.7% | 3.0% | 2.0% | 9.0% | 1.9% | |
| Capex / Op. cash flow | 28.4% | 28.4% | 45.3% | 22.7% | 60.0% | |
| Capex / Depreciation | 72.0% | 72.0% | 111.9% | 95.9% | 156.0% | |
| Capex / Sales | 2.7% | 2.5% | 4.2% | 3.8% | 7.0% | |
| SG&A / Sales | 14.9% | 13.9% | 13.9% | 13.8% | 14.5% | |
| R&D / Sales | 18.0% | 17.4% | 16.9% | 16.0% | 15.2% | |
| Stock comp / Sales | 5.4% | 5.0% | 4.3% | 3.6% | 2.6% | |
| Intangibles / Total assets | 16.6% | 17.9% | 21.1% | 18.2% | 24.0% | |
| Days sales outstanding | 80d | 68d | 70d | 79d | 80d | |
| Days payables outstanding | 51d | 38d | 41d | 50d | 48d | |
| Operating cycle | 332d | 286d | 297d | 277d | 263d | |
| Cash conversion cycle | 281d | 248d | 257d | 227d | 215d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Recent news
- 2026-08-13 Veeco Instruments Inc. $VECO Shares Sold by Assenagon Asset Management S.A. Assenagon Asset Management S.A. reduced its position in Veeco Instruments Inc. (NASDAQ: VECO) by 50.2% in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,938 shares of the semiconductor company''s stock after selling 57,452 shares during the period. Assenagon Asset Management
- 2026-08-12 Veeco Announces Upcoming Investor Events PLAINVIEW, N.Y., Aug. 12, 2026 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) today announced management is scheduled to participate in the following investor events: Needham''s 7th Annual Virtual Semiconductor & SemiCap 1x1 Conference on Wednesday, August 19, 2026.
- 2026-08-11 California State Teachers Retirement System Boosts Stock Holdings in Veeco Instruments Inc. $VECO California State Teachers Retirement System boosted its position in Veeco Instruments Inc. (NASDAQ: VECO) by 29.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 73,789 shares of the semiconductor company''s stock after purchasing an additional 16,610 shares
- 2026-08-06 VECO Q2 Earnings Beat Estimates on Strong AI-Driven Demand Veeco Instruments tops Q2 earnings and revenue estimates as AI-driven demand, strong orders and customer engagement fuel growth despite margin pressure.
- 2026-08-06 VECO Q2 Earnings Call Ties 2027 Growth to Capacity Spending Veeco''s $200 million advanced packaging orders and capacity build set the stage for a 2027 ramp in AI-linked markets despite near-term margin pressure.
- 2026-08-06 Veeco Instruments Inc. (VECO) Q2 2026 Earnings Call Transcript Veeco Instruments Inc. (VECO) Q2 2026 Earnings Call Transcript
- 2026-08-06 Veeco Instruments Q2 Earnings Call Highlights Veeco Instruments NASDAQ: VECO reported second-quarter results above its guidance range, citing accelerating demand across semiconductor, advanced-packaging and silicon-photonics markets tied to AI infrastructure and high-performance computing.
- 2026-08-05 Veeco Instruments (VECO) Beats Q2 Earnings and Revenue Estimates Veeco Instruments (VECO) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.36 per share a year ago.
- 2026-08-05 Veeco Announces LUMINA®+ MOCVD System Order for Manufacturing Indium Phosphide Lasers Breakthrough system enables optical transceiver manufacturing at scale, in step with unprecedented capital deployment by the world''s leading AI hyperscalers Breakthrough system enables optical transceiver manufacturing at scale, in step with unprecedented capital deployment by the world''s leading AI hyperscalers
- 2026-08-05 Veeco Reports Second Quarter 2026 Financial Results Second Quarter 2026 Highlights: Revenue of $193.5 million, compared with $166.1 million in the same period last year GAAP net income of $11.9 million, or $0.18 per diluted share, compared with $11.7 million, or $0.20 earnings per diluted share in the same period last year Non-GAAP net income of $21.8 million, or $0.33 per diluted share, compared with $21.5 million, or $0.36 per diluted share in the same period last year PLAINVIEW, N.Y., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (Nasdaq: VECO) today announced financial results for its second quarter ended June 30, 2026.