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. In the quarter to June 2026, revenue grew 16.5%, EPS fell 5.00%, free cash flow grew 776.2% and total debt was flat, each against the same quarter a year earlier.

42.75 2.41 −5.34%
Market cap
$2.8B
P/E
113×
Fwd P/E
57.6×
Dividend yield
—
F-score
5/9
Altman Z
3.06
Beneish M
−2.39
Dividend safety
n/a

Veeco Instruments Inc. (VECO) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Veeco Instruments Inc. (VECO) trades at a P/E ratio of 113×. Over the past ten years it has ranged from 0.0× (June 2024) to 213× (June 2026); the current reading is higher than 94% of that period. That is above the Semiconductor Equipment & Materials industry median of 45.0× and above the Technology sector median of 28.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 47.2× 130.91%
FY2024 20.5× —
FY2023 0.0× —
FY2022 5.5× (89.72%)
FY2021 53.7× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 200× 129.76%
Mar 2026 86.9× 83.98%
Dec 2025 47.2× 31.95%
Sep 2025 35.8× 86.75%
42 more quarters

Against its own ten years

Low 0.0× High 213×
Ten-year median 0.0×
Current reading's percentile 86

P/E ratio against peers

Company P/E ratio
AMBA Ambarella, Inc. compare n/m
UCTT Ultra Clean Holdings, Inc. compare n/m
AEHR Aehr Test Systems compare n/m
COHU Cohu, Inc. compare n/m
ACMR ACM Research, Inc. compare 23.6×
ACLS Axcelis Technologies, Inc. compare 36.1×
IPGP IPG Photonics Corporation compare 108×
VECO Veeco Instruments Inc. 113×
AXTI AXT Inc compare 1,716×
Semiconductor Equipment & Materials industry median 45.0×
Technology sector median 28.2×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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