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Friday 6 November 2026 Export VECO’s income statement to Excel — free account

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

36.64 3.39 +10.20%
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
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Veeco Instruments Inc. (VECO) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Veeco Instruments Inc. (VECO) trades at a P/B ratio of 2.2×. Over the past ten years it has ranged from 0.5× (December 2018) to 5.7× (June 2026); the current reading is higher than 70% of that period. That is below the Semiconductor Equipment & Materials industry median of 2.9× and below the Technology sector median of 2.5×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.9× (2.45%)
FY2024 2.0× (19.66%)
FY2023 2.4× 53.25%
FY2022 1.6× (50.09%)
FY2021 3.2× 55.28%
FY2020 2.1× 10.38%
FY2019 1.9× 133.37%
FY2018 0.8× (5.43%)
FY2017 0.8× (57.27%)
FY2016 2.0× 72.73%

Quarterly newest first

Period P/B ratio Change
Sep 2026 3.4× (33.05%)
Jun 2026 5.1× 121.48%
Mar 2026 2.3× 20.95%
Dec 2025 1.9× (8.29%)
43 more quarters

Against its own ten years

Low 0.5× High 5.7×
Ten-year median 1.8×
Current reading's percentile 67

P/B ratio against peers

Company P/B ratio
PLAB Photronics, Inc. compare 0.9×
ACMR ACM Research, Inc. compare 1.1×
IPGP IPG Photonics Corporation compare 1.2×
UCTT Ultra Clean Holdings, Inc. compare 2.1×
COHU Cohu, Inc. compare 2.1×
VECO Veeco Instruments Inc. 2.2×
ACLS Axcelis Technologies, Inc. compare 2.5×
AMBA Ambarella, Inc. compare 3.9×
AEHR Aehr Test Systems compare 6.9×
Semiconductor Equipment & Materials industry median 2.9×
Technology sector median 2.5×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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