VECOVEECO INSTRUMENTS INC
Special Industry Machinery, NEC
- Revenue
- $664M
- 7.4% YoY
- Operating margin
- 5.4%
- 42% YoY
- EBITDA
- $56M
- 40% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 0.2×
- $12M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear196% of net incomeCash flow under 80% of net income
- Dilutive SBCClear6% of revenueOver 10% of revenue
- Payouts exceed cash flowClear16% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear15% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $583M | $646M | $666M | $717M | $664M | 7.4% |
| Operating income | $57M | $60M | $70M | $67M | $36M | 47% |
| Net income | $26M | $167M | −$30M | $74M | $35M | 52% |
| Operating cash flow | $68M | $108M | $62M | $64M | $69M | 8.9% |
| Capex | $41M | $25M | $28M | $18M | $16M | 11% |
| Stock-based comp | $15M | $23M | $29M | $36M | $37M | 3.3% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.