Veeco Valuation Multiples

Veeco Overview

About Veeco

Veeco Instruments Inc is a United States-based company engaged in designing, developing, and manufacturing thin-film process equipment, mainly used for producing electronic devices. The company focuses on semiconductor process equipment that addresses a range of challenging materials engineering problems for its customers. Its products include Laser Processing Systems, Lithography Systems, Ion Beam Systems, SiC CVD Systems, MOCVD Systems, Wet Processing Systems, MBE Technologies, Atomic Layer Deposition Systems, Physical Vapor Deposition Systems, Dicing and Lapping Systems, as well as Gas & Vapor Delivery Systems. The maximum of the company's revenue is generated from sales to the Semiconductor Industry and within China.

Founded

1989

HQ

Employees

1.3K

Website

veeco.com

Sectors

SemiconductorsElectrical Parts & EquipmentIndustrial PartsDeepTech

Financials (LTM)

Revenue: $696M

EBITDA: $94M

EV

$2B

Valuation Multiples

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Veeco Financials

Veeco reported last 12-month revenue of $696M and EBITDA of $94M.

In the same LTM period, Veeco generated $285M in gross profit, $94M in EBITDA, and $44M in net income.

Veeco P&L

In the most recent fiscal year, Veeco reported revenue of $664M and EBITDA of $84M.

Veeco expects next 12-month revenue of XXX and NTM EBITDA of XXX

Veeco Stock Performance

Veeco has current market cap of $3B, and enterprise value of $2B.

Veeco's stock price is $42.97.

Veeco Valuation Multiples

Veeco trades at 3.5x EV/Revenue multiple, and 26.3x EV/EBITDA.

Veeco Financial Valuation Multiples

As of April 19, 2026, Veeco has market cap of $3B and EV of $2B.

Equity research analysts estimate Veeco's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Veeco has a P/E ratio of 59.2x.

Veeco Margins & Growth Rates

Veeco's revenue in the last 12 month grew by 15%.

Veeco's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.2M for the same period.

Veeco's rule of 40 is 31% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Veeco's rule of X is 55% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Veeco Public Comps

See public comps and valuation multiples for other Semiconductors and Electrical Parts & Equipment comps.

Veeco M&A Activity

Veeco acquired XXX companies to date.

Last acquisition by Veeco was on XXXXXXXX, XXXXX. Veeco acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Veeco Investment Activity

Veeco invested in XXX companies to date.

Veeco made its latest investment on XXXXXXXX, XXXXX. Veeco invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).