Aehr Test Systems (AEHR) vs Veeco Instruments Inc. (VECO)
A side-by-side comparison of Aehr Test Systems and Veeco Instruments Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
AEHR
Aehr Test Systems
$98.22TechnologyDelayed quote: Oct 6, 2026, 11:35 AM EDT
VECO
Veeco Instruments Inc.
$55.53TechnologyDelayed quote: Oct 6, 2026, 11:31 AM EDT
Total return — AEHR vs VECO
growth of $100 · dividends reinvested · last 10yAEHR +3451.0% (+42.9%/yr)VECO +190.7% (+11.3%/yr)AEHR compounded faster over this window
Log scale — wide-divergence pair
AEHR VECO
AEHR vs VECO: by the numbers
- •VECO is the larger company ($3.39B vs $3.20B market cap).
- •VECO is profitable (3.40% net margin) while AEHR runs a net loss (-14.00%).
- •AEHR grew revenue faster over the past five years (30.24% vs 5.15% CAGR).
Metrics side by side
Valuation
| Metric | AEHR | VECO |
|---|---|---|
| P/E ratio | N/A | 153.10 |
| Forward P/E | 129.58 | N/A |
| P/S ratio | 62.93 | 4.96 |
| P/B ratio | 14.60 | 3.75 |
| EV / EBITDA | N/A | 72.72 |
| FCF yield | N/A | 2.51% |
Profitability
| Metric | AEHR | VECO |
|---|---|---|
| Gross margin | 34.67% | 37.81% |
| Operating margin | -27.80% | 3.26% |
| Net margin | -14.00% | 3.40% |
| ROE | -3.25% | 2.57% |
| ROIC | -6.17% | 1.89% |
Growth (annualized)
| Metric | AEHR | VECO |
|---|---|---|
| Revenue CAGR (5Y) | 30.24% | 5.15% |
| FCF CAGR (5Y) | N/A | 21.42% |
| Total return CAGR (5Y) | 50.07% | 20.05% |
Frequently asked
- Which has grown faster, AEHR or VECO?
- Over the past five years, AEHR grew revenue faster — AEHR at a 30.24% CAGR versus VECO at 5.15%.
- Is AEHR or VECO more profitable?
- VECO runs the higher net margin — AEHR at -14.00% versus VECO at 3.40%.
- How have AEHR and VECO total returns compared?
- Over the past 10 years, AEHR delivered 42.91% and VECO delivered 10.41% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Veeco Instruments P/E ratioAehr Test Systems ROEVeeco Instruments ROEAehr Test Systems operating marginVeeco Instruments operating marginAehr Test Systems revenue growthVeeco Instruments revenue growthAehr Test Systems free cash flowVeeco Instruments free cash flow
Aehr Test Systems & Veeco Instruments appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.