Veeco Instruments Inc (VECO)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 67,533 | 87,702 | 85,630 | 82,044 | 69,805 | 59,149 | 54,450 | 53,585 | 60,296 | 64,530 | 63,382 | 63,811 | 56,709 | 49,689 | 40,258 | 27,415 | 22,567 | 5,097 | -9,253 | -20,871 |
| 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 |
| Operating profit margin | 9.41% | 12.37% | 12.20% | 11.94% | 10.47% | 9.15% | 8.50% | 8.33% | 9.33% | 10.00% | 10.16% | 10.53% | 9.72% | 8.73% | 7.58% | 5.67% | 4.97% | 1.19% | -2.18% | -4.92% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $67,533K ÷ $717,301K
= 9.41%
Veeco Instruments Inc's operating profit margin has shown a fluctuating trend over the reported periods. The margin started from negative values in March 2020 and improved gradually, turning positive in September 2020. From there, there was a steady increase in the operating profit margin until reaching a peak of 12.37% in September 2024. However, the margin declined slightly to 9.41% by the end of December 2024.
Overall, the operating profit margin of Veeco Instruments Inc has displayed a positive trend, indicating the company's ability to control costs and generate profits from its core operations. The variation in the margin highlights the company's ability to adapt to changing market conditions and manage its operating expenses effectively.
Peer comparison
Dec 31, 2024