Veeco Instruments Inc (VECO)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 73,714 | 80,386 | 83,009 | -17,255 | -30,368 | 76,911 | 69,927 | 166,175 | 173,308 | 52,595 | 43,998 | 39,418 | 26,038 | 17,733 | 9,320 | -5,330 | -8,391 | -41,160 | -53,507 | -60,770 |
| Revenue (ttm) | US$ in thousands | 717,301 | 709,094 | 701,653 | 687,415 | 666,435 | 646,310 | 640,857 | 643,215 | 646,137 | 645,310 | 623,643 | 605,988 | 583,276 | 569,250 | 531,082 | 483,375 | 454,163 | 428,419 | 425,295 | 424,480 |
| Net profit margin | 10.28% | 11.34% | 11.83% | -2.51% | -4.56% | 11.90% | 10.91% | 25.84% | 26.82% | 8.15% | 7.05% | 6.50% | 4.46% | 3.12% | 1.75% | -1.10% | -1.85% | -9.61% | -12.58% | -14.32% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $73,714K ÷ $717,301K
= 10.28%
Veeco Instruments Inc's net profit margin has demonstrated a fluctuating trend over the provided period. Initially, the company experienced negative net profit margins, indicating operational challenges and inefficiencies. However, there was a significant improvement starting from the June 30, 2021, period, where the net profit margin turned positive and continued to increase steadily until reaching a peak of 26.82% on December 31, 2022. This sharp rise suggests enhanced profitability and potentially stronger financial performance.
Subsequently, there was a decline in the net profit margin, but it remained positive until the December 31, 2023, period where it turned negative again. This reversal might raise concerns about the company's ability to maintain profitability. However, from March 31, 2024, the net profit margin started to improve, suggesting a potential recovery in profitability.
Overall, the positive trend in recent periods indicates an upward trajectory in Veeco Instruments Inc's profitability, which may signal improvements in cost management, revenue generation, and overall operational efficiency. Nonetheless, the company needs to ensure consistent positive net profit margins to sustain long-term financial viability.
Peer comparison
Dec 31, 2024