Veeco Instruments Inc (VECO)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 42.13% | 42.97% | 43.10% | 43.11% | 42.46% | 41.67% | 40.94% | 40.29% | 40.73% | 40.95% | 41.29% | 41.81% | 41.54% | 41.30% | 41.63% | 41.95% | 42.78% | 42.58% | 41.27% | 40.02% |
| 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% |
| Pretax margin | 9.60% | 12.50% | 12.33% | -2.12% | -4.25% | -6.30% | -7.48% | 7.19% | 7.89% | 7.12% | 6.43% | 6.04% | 4.40% | 3.19% | 1.80% | -1.11% | -1.86% | -9.40% | -12.40% | -14.11% |
| 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% |
Veeco Instruments Inc's profitability ratios show fluctuations over the years. The gross profit margin has been relatively stable, ranging from 40.02% to 43.11% over the analyzed period. However, there was a slight decline towards the end of 2024.
The operating profit margin demonstrates a more volatile trend, starting from negative percentages and gradually improving to reach its peak at 12.37% by September 30, 2024, before dropping to 9.41% by December 31, 2024.
The pretax margin also displays variability, with significant negative margins in the earlier periods, gradually turning positive and peaking at 12.50% by September 30, 2024, before declining to 9.60% by December 31, 2024.
The net profit margin shows a pattern similar to the pretax margin, with a notable improvement over time, reaching a substantially high value of 26.82% by December 31, 2022. However, it then experienced a decline in profitability, dropping to 10.28% by December 31, 2024.
Return on investment
| 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 return on assets (Operating ROA) | 5.40% | 6.89% | 6.93% | 6.65% | 5.68% | 4.75% | 4.43% | 4.59% | 5.34% | 6.47% | 6.91% | 6.93% | 6.31% | 4.98% | 4.13% | 2.90% | 2.51% | 0.57% | -1.07% | -2.51% |
| Return on assets (ROA) | 5.89% | 6.32% | 6.72% | -1.40% | -2.47% | 6.17% | 5.69% | 14.24% | 15.36% | 5.28% | 4.80% | 4.28% | 2.90% | 1.78% | 0.96% | -0.56% | -0.93% | -4.63% | -6.19% | -7.30% |
| Return on total capital | 10.36% | 13.39% | 13.67% | -0.45% | -2.46% | -4.52% | -5.92% | 9.87% | 10.82% | 14.12% | 14.41% | 15.14% | 12.35% | 11.53% | 9.59% | 6.05% | 5.04% | -4.26% | -7.61% | -10.02% |
| Return on equity (ROE) | 9.56% | 10.77% | 11.61% | -2.51% | -4.52% | 11.93% | 11.41% | 28.38% | 29.99% | 11.92% | 10.46% | 9.77% | 5.95% | 4.07% | 2.20% | -1.29% | -2.05% | -10.34% | -13.53% | -16.12% |
Veeco Instruments Inc's profitability ratios show a mixed performance over the periods analyzed.
- Operating return on assets (Operating ROA) has shown a gradual improvement from negative figures to reach a peak of 6.93% as of June 30, 2022, but slightly decreased to 5.40% by December 31, 2024.
- Return on assets (ROA) also displays variability, with periods of negative returns followed by positive trends. The ratio peaked at 15.36% on December 31, 2022, but declined to 5.89% by December 31, 2024.
- Return on total capital fluctuated significantly over the analyzed periods, ranging from negative returns to a peak of 15.14% on March 31, 2022. The ratio decreased to 10.36% by December 31, 2024.
- Return on equity (ROE) experienced a similar pattern of fluctuation, with negative returns turning positive and reaching a high of 29.99% on December 31, 2022. However, the ratio decreased to 9.56% by December 31, 2024.
Overall, despite the variability in the profitability ratios, there is evidence of improvement in some periods, indicating potential operational efficiency enhancements. Monitoring these ratios will be crucial to assess the company's profitability and financial performance accurately.