VEECO INSTRUMENTS INCVECO

Market cap

$1.7B

P/E ratio

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Net sales	-	-	-	-	-	-	-	542	419	454	583	646	666
Cost of sales	505	301	229	258	300	200	300	348	261	260	341	383	381
Gross profit	474	215	103	135	177	133	184	194	158	194	242	263	285
Research and development	97	95	81	81	79	81	82	98	91	79	89	104	113
Selling, general, and administrative	95	73	85	90	90	78	100	92	80	76	85	89	93
Amortization of intangible assets	5	5	6	13	28	19	35	32	17	15	12	10	8
Restructuring	1	4	1	4	5	6	12	9	6	1	-	-	-
Other operating expense (income), net	-	0	1	3	1	-0	0	-0	0	0	-0	-0	-1
Asset impairment	1	1	1	58	0	70	1	375	4	0	-	-	-
Total operating expenses, net	198	178	175	214	200	253	248	609	198	172	186	203	215
Other operating expense (income), net	-	0	1	3	1	-0	0	-0	0	0	-0	-0	-1
Total operating expenses, net	198	178	175	214	200	253	248	609	198	172	186	203	215
Operating income	276	37	-72	-79	-23	-120	-64	-416	-40	23	57	60	70
Interest income	4	2	1	2	1	1	2	3	5	2	2	2	11
Interest expense	5	2	1	1	0	0	19	22	22	25	28	12	12
Other income (expense), net	-	-	-	-	-	-	-	-	-21	-8	-5	-	-97
Income (loss) before income taxes	272	38	-71	-78	-23	-119	-81	-434	-78	-8	26	51	-28
Income tax expense (benefit)	82	12	-29	-11	9	3	-36	-27	1	-0	-0	-116	2
Net income (loss)	128	-	-	-	-	-	-	-407	-79	-8	26	167	-30
Earnings Per Share, Basic	3.23	0.8	-1.09	-1.7	-0.8	-3.11	-1.01	-8.63	-1.66	-0.17	0.53	3.35	-0.56
Earnings Per Share, Diluted	3.11	0.79	-1.09	-1.7	-0.8	-3.11	-1.01	-8.63	-1.66	-0.17	0.49	2.71	-0.56