Veeco Instruments Inc (VECO) - Net Assets
Based on the latest financial reports, Veeco Instruments Inc (VECO) has net assets worth $883.66 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.35 Billion) and total liabilities ($469.31 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. Check Veeco Instruments Inc (VECO) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $883.66 Million |
| % of Total Assets | 65.31% |
| Annual Growth Rate | N/A |
| 5-Year Change | 102.34% |
| 10-Year Change | 48.93% |
| Growth Volatility | 33.91 |
Veeco Instruments Inc - Net Assets Trend (1993–2025)
This chart illustrates how Veeco Instruments Inc's net assets have evolved over time, based on quarterly financial data. Also explore VECO current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Veeco Instruments Inc (1993–2025)
The table below shows the annual net assets of Veeco Instruments Inc from 1993 to 2025. For live valuation and market cap data, see Veeco Instruments Inc (VECO) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $885.51 Million | +14.89% |
| 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 41636500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $604.00K | 0.07% |
| Other Comprehensive Income | $1.79 Million | 0.20% |
| Other Components | $1.31 Billion | 147.51% |
| Total Equity | $885.51 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 |
|---|---|
|
Kontoor Brands Inc
NYSE:KTB
|
$3.74 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
$3.74 Billion |
|
Stride Inc
NYSE:LRN
|
$3.74 Billion |
|
Offshore Oil Engineering Co Ltd
SHG:600583
|
$3.74 Billion |
|
Xinhu Zhongbao Co Ltd
SHG:600208
|
$3.74 Billion |
|
Pampa Energía S.A
F:9PAA
|
$3.74 Billion |
|
Graham Holdings Co
NYSE:GHC
|
$3.74 Billion |
|
China Galaxy Securities Co Ltd
F:CGL
|
$3.73 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 2024 to 2025, total equity changed from 770,770,000 to 885,509,000, a change of 114,739,000 (14.9%).
- Net income of 35,390,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 272,000.
- Other factors increased equity by 79,077,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $35.39 Million | +4.0% |
| Other Comprehensive Income | $272.00K | +0.03% |
| Other Changes | $79.08 Million | +8.93% |
| Total Change | $- | 14.89% |
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: 4.28x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $-0.85 | $62.48 | x |
| 1994-12-31 | $14.86 | $62.48 | x |
| 1995-12-31 | $9.30 | $62.48 | x |
| 1996-12-31 | $8.75 | $62.48 | x |
| 1997-12-31 | $8.78 | $62.48 | x |
| 1998-12-31 | $5.82 | $62.48 | x |
| 1999-12-31 | $8.97 | $62.48 | x |
| 2000-12-31 | $11.26 | $62.48 | x |
| 2001-12-31 | $16.09 | $62.48 | x |
| 2002-12-31 | $10.57 | $62.48 | x |
| 2003-12-31 | $10.47 | $62.48 | x |
| 2004-12-31 | $8.51 | $62.48 | x |
| 2005-12-31 | $8.31 | $62.48 | x |
| 2006-12-31 | $9.07 | $62.48 | x |
| 2007-12-31 | $8.82 | $62.48 | x |
| 2008-12-31 | $6.85 | $62.48 | x |
| 2009-12-31 | $11.00 | $62.48 | x |
| 2010-12-31 | $17.94 | $62.48 | x |
| 2011-12-31 | $18.48 | $62.48 | x |
| 2012-12-31 | $20.77 | $62.48 | x |
| 2013-12-31 | $20.11 | $62.48 | x |
| 2014-12-31 | $18.78 | $62.48 | x |
| 2015-12-31 | $17.98 | $62.48 | x |
| 2016-12-31 | $15.11 | $62.48 | x |
| 2017-12-31 | $19.03 | $62.48 | x |
| 2018-12-31 | $9.28 | $62.48 | x |
| 2019-12-31 | $7.89 | $62.48 | x |
| 2020-12-31 | $8.44 | $62.48 | x |
| 2021-12-31 | $8.16 | $62.48 | x |
| 2022-12-31 | $8.81 | $62.48 | x |
| 2023-12-31 | $12.51 | $62.48 | x |
| 2024-12-31 | $12.51 | $62.48 | x |
| 2025-12-31 | $14.61 | $62.48 | 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): 4.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.33%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.50x
- Recent ROE (4.00%) is above the historical average (-2.74%), 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 |
| 2025 | 4.00% | 5.33% | 0.50x | 1.50x | $-53.16 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: $2,348,958,875
- Average return on equity (ROE) among peers: -13.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Veeco Instruments Inc (VECO) | $883.66 Million | 0.00% | 0.53x | $3.74 Billion |
| Axcelis Technologies Inc (ACLS) | $214.56 Million | 2.37% | 0.25x | $5.05 Billion |
| Acm Research Inc (ACMR) | $811.66 Million | 4.65% | 0.30x | $3.96 Billion |
| Aehr Test Systems (AEHR) | $4.99 Million | -68.46% | 1.20x | $3.06 Billion |
| Applied Materials Inc (AMAT) | $7.09 Billion | -4.30% | 0.35x | $345.57 Billion |
| Ambarella Inc (AMBA) | $594.79 Million | -12.75% | 0.34x | $3.60 Billion |
| Amkor Technology Inc (AMKR) | $1.13 Billion | 11.53% | 2.21x | $18.21 Billion |
| ASML Holding NV ADR (ASML) | $13.50 Billion | 58.05% | 1.97x | $546.45 Billion |
| Amtech Systems Inc (ASYS) | $3.10 Million | 3.23% | 0.29x | $311.59 Million |
| Atomera Inc (ATOM) | $25.85 Million | -48.79% | 0.04x | $197.35 Million |
| AXT Inc (AXTI) | $105.66 Million | -76.83% | 0.38x | $2.62 Billion |
About 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 in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally. It offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, singl… Read more