TORVANTA
Other · S&P 500 · data as of 2026-10-05

VECO stock analysis: VECO

VECO (VECO) is an S&P 500 company in Other. It grades weakest on profitability, growth and value.

The model's view of VECO · subscribers

Where VECO ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

See plans
What's happening with VECO · updated 2026-10-05 · from prices and SEC filings

VECO price performance

VECO against the S&P 500, one year
+0%+100%VECO +85%S&P 500 +18%2025-09-292026-10-05
Year to date+97.0%S&P 500 +14.5% · ahead by 82.5 pts
1 year+78.1%S&P 500 +17.0% · ahead by 61.1 pts
3 years+108.7%S&P 500 +89.3% · ahead by 19.4 pts
5 years+149.3%S&P 500 +91.3% · ahead by 58.0 pts

Total returns with dividends reinvested.

VECO factor grades

Each grade compares VECO with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

D-ValueP/E 156.4x (industry 20.1x)FCF yield 2.5% (industry 6.0%)
D+GrowthRevenue growth -3% (industry +8%)EPS growth -65% (industry +10%)
C-ProfitabilityOperating margin 2.7% (industry 9.6%)ROIC 2.0% (industry 10.1%)
B-Momentum12-month change +78%From 52-wk high -32%

VECO in plain numbers

VECO key statistics

SectorOther
Industryn/a
IndexS&P 500
Market value$3.4B
Revenue growth (y/y)-3%
Free-cash-flow yield2.5%
Dividend yieldn/a
Next earnings (expected)2026-11-04
Valuation measures
Market value$3.4B
Enterprise value$3.5B
P/E (trailing)156.4x
Forward P/E (Torvanta estimate)177.3x
Price / sales5.0x
Price / book3.8x
EV / revenue5.1x
EV / EBITDA90.4x
Financial highlights
Revenue, last 12 months$682.7M
Net income, last 12 months$23.2M
EPS, last 12 months (GAAP)$0.36
Gross margin37.9%
Operating margin2.7%
Net margin3.4%
Return on equity2.6%
Return on invested capital2.0%
Cash$214.5M
Total debt$226.5M
Debt / equity0.25x
Free cash flow, last 12 months$85.2M
Interest cover2.4x
Current ratio3.93x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

VECO earnings trends

Revenue vs earnings
-$324K$48.1M$96.6M$145.0M$193.5MSep 2024 Revenue: $184.8MDec 2024 Revenue: $182.1MMar 2025 Revenue: $167.3MJun 2025 Revenue: $166.1MSep 2025 Revenue: $165.9MDec 2025 Revenue: $165.0MMar 2026 Revenue: $158.3MJun 2026 Revenue: $193.5MSep 2024 Net income: $22.0MDec 2024 Net income: $15.0MMar 2025 Net income: $11.9MJun 2025 Net income: $11.7MSep 2025 Net income: $10.6MDec 2025 Net income: $1.1MMar 2026 Net income: -$324KJun 2026 Net income: $11.9MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 11.9%Net margin: 8.2%Net margin: 7.1%Net margin: 7.1%Net margin: 6.4%Net margin: 0.7%Net margin: -0.2%Net margin: 6.1%-0%6%12%■ Revenue ■ Net income ━ Net margin
Earnings per share$-0.0$0.1$0.2$0.3$0.4Sep 2024 EPS (GAAP, diluted): $0.4Dec 2024 EPS (GAAP, diluted): $0.3Mar 2025 EPS (GAAP, diluted): $0.2Jun 2025 EPS (GAAP, diluted): $0.2Sep 2025 EPS (GAAP, diluted): $0.2Dec 2025 EPS (GAAP, diluted): $0.0Mar 2026 EPS (GAAP, diluted): $-0.0Jun 2026 EPS (GAAP, diluted): $0.2Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 -53% · Dec 2025 -92% · Mar 2026 -105% · Jun 2026 -10%

From the company's 10-Q and 10-K filings with the SEC.

VECO financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$583.3M$646.1M$666.4M$717.3M$664.3M
Net income$26.0M$166.9M-$30.4M$73.7M$35.4M
EPS (GAAP)$0.50$2.70$-0.60$1.24$0.59
Free cash flow$27.1M$83.9M$33.7M$45.7M$53.3M

VECO earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-08-05$0.18-10%+16%-3.7%
2026-05-05$-0.01-105%-5%+19.6%
2026-02-25$0.02-92%-9%+4.2%
2025-11-05$0.17-53%-10%+1.1%
2025-08-06$0.20-20%-6%+14.4%
2025-05-07$0.20-46%-4%+2.6%

About VECO

HeadquartersPlainview, NY
Industry (SEC code)Special Industry Machinery, Nec
Fiscal year endsDecember 31
Incorporated inDE
Listed onNasdaq

From the company's SEC registration record.

Companies similar to VECO

CompanyMarket valueP/ERevenue growthOperating margin12-month change
VECO VECO$3.4B156.4x-3%2.7%+78%
NIC NIC$3.5B18.7xn/an/a+24%compare
PVH PVH$3.5Bn/a+2%4.1%-10%compare
ACAD ACAD$3.5B9.0x+12%7.6%-8%compare
OSIS OSIS$3.4B22.0x+4%12.3%-21%
LIF LIF$3.5B24.8x+34%1.1%-61%
SLG SLG$3.4Bn/a+8%65.1%-15%

All Other stock ratings

Frequently asked questions

Is VECO stock a buy?

Torvanta does not tell individuals what to buy. Its grades for VECO are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is VECO's P/E ratio?

VECO trades at about 156.4 times its last 12 months of GAAP earnings reported to the SEC, and about 177.3 times Torvanta's own estimate of the next 12 months.

When does VECO report earnings next?

Based on its filing history, Torvanta expects VECO to report around 2026-11-04.

How has VECO performed against the S&P 500?

Over the past year VECO returned +78.1%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

See plans Or get the free weekly newsletter

Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

All stock ratings · Stock lists · AI stock research · Model portfolio · Research · Disclaimer