Veeco Instruments Inc.

VECO Technology Semiconductor Equipment & Materials

Veeco Instruments Inc.’s revenue for fiscal 2025 (year ended December 2025) was $664.3 million, down 7.39% from fiscal 2024.

Revenue
+26.2%
EPS
+22.2%
Free cash flow
+313.7%
Total debt
+0.49%

Quarter to September 2026, against a year earlier

36.72 3.47 +10.44%
Market cap
$2.0B
P/E
80.7×
Fwd P/E
43.4×
Dividend yield
—
F-score
5/9
Altman Z
3.06
Beneish M
−2.39
Dividend safety
n/a

Veeco Instruments Inc. (VECO) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, Veeco Instruments Inc. (VECO) trades at a EV/Sales of 2.5×. Over the past ten years it has ranged from 0.6× (December 2018) to 7.5× (June 2026); the current reading is higher than 86% of that period. That is below the Semiconductor Equipment & Materials industry median of 5.0× and in line with the Technology sector median of 2.6×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 2.3× 16.44%
FY2024 2.0× (16.95%)
FY2023 2.4× 75.48%
FY2022 1.4× (42.70%)
FY2021 2.4× 29.58%
FY2020 1.9× 3.10%
FY2019 1.8× 159.75%
FY2018 0.7× (49.73%)
FY2017 1.4× (44.87%)
FY2016 2.5× 175.88%

Quarterly newest first

Period EV/Sales Change
Sep 2026 4.1× (37.87%)
Jun 2026 6.5× 123.17%
Mar 2026 2.9× 24.67%
Dec 2025 2.3× (6.65%)
43 more quarters

Against its own ten years

Low 0.6× High 7.5×
Ten-year median 1.9×
Current reading's percentile 84

EV/Sales against peers

Company EV/Sales
UCTT Ultra Clean Holdings, Inc. compare 0.9×
PLAB Photronics, Inc. compare 1.0×
ACMR ACM Research, Inc. compare 1.5×
IPGP IPG Photonics Corporation compare 1.6×
VECO Veeco Instruments Inc. 2.5×
COHU Cohu, Inc. compare 2.6×
ACLS Axcelis Technologies, Inc. compare 2.7×
AMBA Ambarella, Inc. compare 5.2×
AEHR Aehr Test Systems compare 28.2×
Semiconductor Equipment & Materials industry median 5.0×
Technology sector median 2.6×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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