Which has the lower trailing P/E, AXTI or VECO?

VECO has the lower trailing P/E: AXTI trades at 1741.50 and VECO at 130.65. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AXTI or VECO?

Over the past five years, VECO grew revenue faster — AXTI at a -1.52% CAGR versus VECO at 6.28%.

Is AXTI or VECO more profitable?

VECO runs the higher net margin — AXTI at 3.23% versus VECO at 3.53%.

How have AXTI and VECO total returns compared?

Over the past 10 years, AXTI delivered 32.03% and VECO delivered 11.54% annualized total return. Past performance doesn't predict future results.

AXT, Inc. (AXTI) vs Veeco Instruments Inc. (VECO)

A side-by-side comparison of AXT, Inc. and Veeco Instruments Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 3, 2026. Differences are shown without an overall score or investment verdict.

AXTI

AXT, Inc.

$3.49B

$68.67TechnologyDelayed quote: Aug 3, 2026, 4:00 PM EDT

VECO

Veeco Instruments Inc.

$3.11B

$50.97TechnologyDelayed quote: Aug 3, 2026, 4:00 PM EDT

Total return — AXTI vs VECO

growth of $100 · dividends reinvested · last 28y

AXTI +468.8%VECO +33.8%AXTI compounded faster

AXTI VECO

AXTI vs VECO: by the numbers

•AXTI is the larger company ($3.49B vs $3.11B market cap).
•VECO trades at the lower trailing earnings multiple (130.65 vs 1741.50 P/E), one valuation lens rather than an overall verdict.
•VECO converts more revenue to profit (3.53% vs 3.23% net margin).
•VECO grew revenue faster over the past five years (6.28% vs -1.52% CAGR).

Metrics side by side

Valuation

Metric	AXTI	VECO
P/E ratio	1741.50	130.65
P/S ratio	28.72	4.61
P/B ratio	4.06	3.42
EV / EBITDA	186.11	64.77
FCF yield	N/A	1.42%

Profitability

Metric	AXTI	VECO
Gross margin	12.73%	38.46%
Operating margin	-24.88%	3.48%
Net margin	3.23%	3.53%
ROE	0.46%	2.62%
ROIC	-5.41%	2.79%

Growth (annualized)

Metric	AXTI	VECO
Revenue CAGR (5Y)	-1.52%	6.28%
FCF CAGR (5Y)	-8.92%	4.76%
Total return CAGR (5Y)	42.71%	16.59%

Frequently asked

Which has the lower trailing P/E, AXTI or VECO?: VECO has the lower trailing P/E: AXTI trades at 1741.50 and VECO at 130.65. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AXTI or VECO?: Over the past five years, VECO grew revenue faster — AXTI at a -1.52% CAGR versus VECO at 6.28%.
Is AXTI or VECO more profitable?: VECO runs the higher net margin — AXTI at 3.23% versus VECO at 3.53%.
How have AXTI and VECO total returns compared?: Over the past 10 years, AXTI delivered 32.03% and VECO delivered 11.54% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AXTI analysis Full VECO analysis Interactive comparison tool

Dig into the metrics

AXT P/E ratio Veeco Instruments P/E ratio AXT dividend yield Veeco Instruments dividend yield AXT ROE Veeco Instruments ROE AXT operating margin Veeco Instruments operating margin AXT revenue growth Veeco Instruments revenue growth AXT free cash flow Veeco Instruments free cash flow

AXT & Veeco Instruments appear in these rankings

Highest 10-Year Total Return Stocks

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 August 3, 2026.