Veeco Instruments Inc (VECO)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 43.54% | 42.43% | 41.71% | 41.02% | 41.47% | 42.28% | 42.98% | 43.88% | 43.98% | 42.86% | 43.26% | 43.98% | 44.87% | 44.80% | 43.34% | 41.66% | 39.27% | 38.21% | 37.56% | 36.81% |
| Operating profit margin | 10.68% | 9.32% | 8.65% | 8.48% | 9.50% | 10.32% | 10.58% | 11.05% | 10.29% | 9.06% | 7.88% | 5.95% | 5.21% | 1.25% | -2.28% | -5.12% | -9.82% | -44.18% | -41.39% | -89.63% |
| Pretax margin | -4.34% | -6.42% | -7.62% | 7.33% | 8.03% | 7.36% | 6.70% | 6.34% | 4.67% | 3.31% | 1.87% | -1.15% | -1.94% | -9.87% | -13.01% | -14.70% | -19.36% | -48.61% | -45.74% | -93.46% |
| Net profit margin | -4.64% | 12.12% | 10.71% | 25.70% | 26.31% | 7.40% | 6.71% | 6.39% | 4.73% | 3.23% | 1.82% | -1.16% | -1.94% | -10.11% | -13.21% | -14.90% | -19.54% | -49.03% | -46.19% | -87.83% |
Veeco Instruments Inc's profitability ratios show fluctuations over the past eight quarters.
- Gross profit margin has been relatively stable, ranging between 40.29% to 42.77%, with a slight increase in the most recent quarter.
- Operating profit margin has shown a more inconsistent trend, with fluctuations between 8.37% to 10.65%. The company experienced an increase in Q4 2023 compared to the previous quarters.
- Pretax margin has been negative in Q4 2023, Q3 2023, and Q2 2023, indicating that the company's operating expenses and interest payments exceeded its gross profits during those periods. The positive pretax margin in Q1 2023 suggests a rebound in profitability.
- Net profit margin has also varied significantly, with the company experiencing negative margins in Q4 2023 and positive margins in the other quarters. The substantial drop in net profit margin from Q1 2023 to subsequent quarters is noteworthy, indicating a change in the company's bottom line performance.
Overall, Veeco Instruments Inc's profitability ratios indicate a mix of stability and volatility in its financial performance over the past eight quarters, with notable fluctuations in net profit margin and pretax margin. Further analysis of the underlying factors influencing these ratios would provide a deeper understanding of the company's financial health and sustainability.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.69% | 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% | -4.84% | -19.91% | -19.20% | -47.22% |
| Return on assets (ROA) | -2.47% | 6.17% | 5.48% | 13.91% | 14.80% | 4.64% | 4.38% | 4.01% | 2.90% | 1.78% | 0.96% | -0.56% | -0.93% | -4.63% | -6.19% | -7.30% | -9.62% | -22.10% | -21.43% | -46.27% |
| Return on total capital | -1.76% | -3.17% | -4.09% | 6.87% | 7.51% | 8.96% | 8.99% | 9.30% | 8.10% | 5.93% | 4.81% | 2.79% | 2.24% | -2.29% | -4.19% | -5.53% | -8.29% | -24.02% | -23.52% | -58.54% |
| Return on equity (ROE) | -4.52% | 11.93% | 11.00% | 27.73% | 28.89% | 10.48% | 9.55% | 9.14% | 5.95% | 4.07% | 2.20% | -1.29% | -2.05% | -10.34% | -13.53% | -16.12% | -21.02% | -47.34% | -45.67% | -97.15% |
Veeco Instruments Inc's profitability ratios exhibit some variations over the quarters analyzed.
- Operating return on assets (Operating ROA) has fluctuated, ranging from 4.45% to 6.93%. The trend seems to have decreased from Q2 2022 to Q2 2023.
- Return on assets (ROA) has been negative in Q4 2023 and relatively lower in the previous quarters, except for an outlier in Q1 2023. This indicates inefficiency in generating profits from its assets.
- Return on total capital has also shown fluctuations, varying between 6.13% and 9.41%, with a slight downward trend evident from Q1 2022 to Q2 2023.
- Return on equity (ROE) has been negative in Q4 2023 and exhibits significant variability, reaching its peak in Q1 2023. However, the trend seems to have decreased from Q1 2023 to Q2 2023.
Overall, it is essential for Veeco Instruments Inc to analyze the factors influencing these ratios to enhance profitability and efficiency in asset utilization. Further evaluation of cost management, revenue generation, and capital structure could provide insights into improving these profitability metrics.