Veeco Instruments Inc
Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, advanced packaging lithography,… Read more
Veeco Instruments Inc (VECO) - Net Assets
Latest net assets as of September 2025: $875.97 Million USD
Based on the latest financial reports, Veeco Instruments Inc (VECO) has net assets worth $875.97 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.29 Billion) and total liabilities ($413.94 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $875.97 Million |
| % of Total Assets | 67.91% |
| Annual Growth Rate | N/A |
| 5-Year Change | 88.74% |
| 10-Year Change | 7.86% |
| Growth Volatility | 34.47 |
Veeco Instruments Inc - Net Assets Trend (1993–2024)
This chart illustrates how Veeco Instruments Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Veeco Instruments Inc (1993–2024)
The table below shows the annual net assets of Veeco Instruments Inc from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $770.77 Million | +14.62% |
| 2023-12-31 | $672.44 Million | +16.37% |
| 2022-12-31 | $577.82 Million | +32.04% |
| 2021-12-31 | $437.63 Million | +7.16% |
| 2020-12-31 | $408.37 Million | +9.04% |
| 2019-12-31 | $374.51 Million | -14.45% |
| 2018-12-31 | $437.77 Million | -47.93% |
| 2017-12-31 | $840.71 Million | +41.39% |
| 2016-12-31 | $594.60 Million | -16.80% |
| 2015-12-31 | $714.62 Million | -3.29% |
| 2014-12-31 | $738.93 Million | -5.29% |
| 2013-12-31 | $780.23 Million | -3.82% |
| 2012-12-31 | $811.21 Million | +6.67% |
| 2011-12-31 | $760.52 Million | -0.26% |
| 2010-12-31 | $762.51 Million | +112.36% |
| 2009-12-31 | $359.06 Million | +66.64% |
| 2008-12-31 | $215.47 Million | -21.56% |
| 2007-12-31 | $274.69 Million | -3.07% |
| 2006-12-31 | $283.39 Million | +14.00% |
| 2005-12-31 | $248.59 Million | -1.49% |
| 2004-12-31 | $252.35 Million | -17.62% |
| 2003-12-31 | $306.33 Million | -0.40% |
| 2002-12-31 | $307.57 Million | -27.45% |
| 2001-12-31 | $423.97 Million | +49.86% |
| 2000-12-31 | $282.91 Million | +47.04% |
| 1999-12-31 | $192.40 Million | +69.96% |
| 1998-12-31 | $113.20 Million | +38.39% |
| 1997-12-31 | $81.80 Million | +41.03% |
| 1996-12-31 | $58.00 Million | +16.47% |
| 1995-12-31 | $49.80 Million | +75.97% |
| 1994-12-31 | $28.30 Million | +1764.71% |
| 1993-12-31 | $-1.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Veeco Instruments Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 45175500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $569.00K | 0.07% |
| Other Comprehensive Income | $1.52 Million | 0.20% |
| Other Components | $1.23 Billion | 159.21% |
| Total Equity | $770.77 Million | 100.00% |
Veeco Instruments Inc Competitors by Market Cap
The table below lists competitors of Veeco Instruments Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hammerson plc
PINK:HMSNF
|
$1.81 Billion |
|
Vera Therapeutics Inc
NASDAQ:VERA
|
$1.81 Billion |
|
Shanghai V-Test Semiconductor Tech Co. Ltd. A
SHG:688372
|
$1.81 Billion |
|
National Storage REIT
PINK:NTSGF
|
$1.81 Billion |
|
LTC Properties Inc
NYSE:LTC
|
$1.81 Billion |
|
Metallurgical Corporation of China Ltd
F:6MT
|
$1.81 Billion |
|
Anxin Trust Co Ltd
SHG:600816
|
$1.81 Billion |
|
H&R Real Estate Investment Trust
PINK:HRUFF
|
$1.81 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Veeco Instruments Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 672,442,000 to 770,770,000, a change of 98,328,000 (14.6%).
- Net income of 73,714,000 contributed positively to equity growth.
- Share repurchases of 16,064,000 reduced equity.
- Other comprehensive income decreased equity by 85,000.
- Other factors increased equity by 40,763,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $73.71 Million | +9.56% |
| Share Repurchases | $16.06 Million | -2.08% |
| Other Comprehensive Income | $-85.00K | -0.01% |
| Other Changes | $40.76 Million | +5.29% |
| Total Change | $- | 14.62% |
Book Value vs Market Value Analysis
This analysis compares Veeco Instruments Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.46x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $-0.85 | $30.76 | x |
| 1994-12-31 | $14.86 | $30.76 | x |
| 1995-12-31 | $9.30 | $30.76 | x |
| 1996-12-31 | $8.75 | $30.76 | x |
| 1997-12-31 | $8.78 | $30.76 | x |
| 1998-12-31 | $5.82 | $30.76 | x |
| 1999-12-31 | $8.97 | $30.76 | x |
| 2000-12-31 | $11.26 | $30.76 | x |
| 2001-12-31 | $16.09 | $30.76 | x |
| 2002-12-31 | $10.57 | $30.76 | x |
| 2003-12-31 | $10.47 | $30.76 | x |
| 2004-12-31 | $8.51 | $30.76 | x |
| 2005-12-31 | $8.31 | $30.76 | x |
| 2006-12-31 | $9.07 | $30.76 | x |
| 2007-12-31 | $8.82 | $30.76 | x |
| 2008-12-31 | $6.85 | $30.76 | x |
| 2009-12-31 | $11.00 | $30.76 | x |
| 2010-12-31 | $17.94 | $30.76 | x |
| 2011-12-31 | $18.48 | $30.76 | x |
| 2012-12-31 | $20.77 | $30.76 | x |
| 2013-12-31 | $20.11 | $30.76 | x |
| 2014-12-31 | $18.78 | $30.76 | x |
| 2015-12-31 | $17.98 | $30.76 | x |
| 2016-12-31 | $15.11 | $30.76 | x |
| 2017-12-31 | $19.03 | $30.76 | x |
| 2018-12-31 | $9.28 | $30.76 | x |
| 2019-12-31 | $7.89 | $30.76 | x |
| 2020-12-31 | $8.44 | $30.76 | x |
| 2021-12-31 | $8.16 | $30.76 | x |
| 2022-12-31 | $8.81 | $30.76 | x |
| 2023-12-31 | $12.51 | $30.76 | x |
| 2024-12-31 | $12.51 | $30.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Veeco Instruments Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.56%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.28%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.62x
- Recent ROE (9.56%) is above the historical average (-2.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 0.00% | -0.93% | 1.32x | 0.00x | $-230.00K |
| 1994 | 5.30% | 3.04% | 1.21x | 1.45x | $-1.33 Million |
| 1995 | 13.65% | 9.39% | 1.07x | 1.35x | $1.82 Million |
| 1996 | 13.79% | 8.26% | 1.21x | 1.38x | $2.20 Million |
| 1997 | 15.04% | 7.44% | 1.30x | 1.56x | $4.12 Million |
| 1998 | 11.22% | 6.14% | 1.20x | 1.53x | $1.38 Million |
| 1999 | 10.60% | 8.27% | 0.93x | 1.38x | $1.16 Million |
| 2000 | -6.32% | -4.62% | 0.91x | 1.50x | $-46.17 Million |
| 2001 | 2.43% | 2.29% | 0.59x | 1.78x | $-32.09 Million |
| 2002 | -40.23% | -41.40% | 0.49x | 1.97x | $-154.49 Million |
| 2003 | -3.18% | -3.49% | 0.47x | 1.95x | $-40.38 Million |
| 2004 | -24.79% | -16.02% | 0.68x | 2.29x | $-87.79 Million |
| 2005 | -0.36% | -0.22% | 0.72x | 2.28x | $-25.76 Million |
| 2006 | 5.29% | 3.38% | 0.75x | 2.09x | $-13.26 Million |
| 2007 | -6.34% | -4.31% | 0.76x | 1.93x | $-44.73 Million |
| 2008 | -33.10% | -16.05% | 1.03x | 2.00x | $-92.53 Million |
| 2009 | -4.34% | -4.09% | 0.63x | 1.69x | $-51.47 Million |
| 2010 | 47.44% | 38.76% | 0.81x | 1.51x | $285.51 Million |
| 2011 | 16.83% | 13.07% | 1.05x | 1.23x | $51.94 Million |
| 2012 | 3.81% | 5.99% | 0.55x | 1.16x | $-50.19 Million |
| 2013 | -5.42% | -12.74% | 0.35x | 1.21x | $-120.29 Million |
| 2014 | -9.06% | -17.04% | 0.42x | 1.26x | $-140.83 Million |
| 2015 | -4.47% | -6.70% | 0.54x | 1.25x | $-103.44 Million |
| 2016 | -20.55% | -36.76% | 0.44x | 1.28x | $-181.67 Million |
| 2017 | -5.33% | -9.24% | 0.35x | 1.65x | $-128.86 Million |
| 2018 | -92.99% | -75.10% | 0.60x | 2.06x | $-450.87 Million |
| 2019 | -21.02% | -18.78% | 0.51x | 2.18x | $-116.18 Million |
| 2020 | -2.05% | -1.85% | 0.51x | 2.20x | $-49.23 Million |
| 2021 | 5.95% | 4.46% | 0.65x | 2.05x | $-17.72 Million |
| 2022 | 28.89% | 25.84% | 0.57x | 1.95x | $109.16 Million |
| 2023 | -4.52% | -4.56% | 0.54x | 1.83x | $-97.61 Million |
| 2024 | 9.56% | 10.28% | 0.57x | 1.62x | $-3.36 Million |
Industry Comparison
This section compares Veeco Instruments Inc's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $15,545,560,602
- Average return on equity (ROE) among peers: 11.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Veeco Instruments Inc (VECO) | $875.97 Million | 0.00% | 0.47x | $1.81 Billion |
| Axcelis Technologies Inc (ACLS) | $205.57 Million | -8.55% | 0.37x | $2.62 Billion |
| Acm Research Inc (ACMR) | $2.48 Million | 41.49% | 16.89x | $2.51 Billion |
| Advantest Corporation (ADTTF) | $140.94 Billion | 9.19% | 0.94x | $27.29 Billion |
| Aehr Test Systems (AEHR) | $11.28 Million | -4.26% | 0.28x | $1.01 Billion |
| AEM Holdings Ltd. (AEMFF) | $211.43 Million | 46.16% | 0.59x | $164.30 Million |
| AIXTRON SE (AIXXF) | $910.07 Million | 9.37% | 0.14x | $996.24 Million |
| Applied Materials Inc (AMAT) | $254.40 Million | 20.24% | 0.71x | $278.50 Billion |
| Ambarella Inc (AMBA) | $561.41 Million | -20.86% | 0.23x | $2.14 Billion |
| Amkor Technology Inc (AMKR) | $4.00 Billion | 9.01% | 0.69x | $5.65 Billion |
| ASML Holding NV (ASMLF) | $8.37 Billion | 16.95% | 0.56x | $267.08 Billion |