Is ITRI or VECO cheaper?

On trailing earnings, ITRI is cheaper: ITRI trades at a 13.38 P/E and VECO at 185.39.

Which has grown faster, ITRI or VECO?

Over the past five years, VECO grew revenue faster — ITRI at a 2.30% CAGR versus VECO at 6.28%.

Is ITRI or VECO more profitable?

ITRI runs the higher net margin — ITRI at 12.32% versus VECO at 3.53%.

Which has been the better investment, ITRI or VECO?

Over the past 10-year, VECO delivered the higher annualized total return — ITRI at 7.17% versus VECO at 15.58%. Past performance doesn't predict future results.

Itron, Inc. (ITRI) vs Veeco Instruments Inc. (VECO)

ITRI leads on 11 of 13 compared metrics.

A side-by-side comparison of Itron, Inc. and Veeco Instruments Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 29, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Veeco Instruments Inc.

$4.33B

$70.95Technology

Total return — ITRI vs VECO

growth of $100 · last 30y

ITRI +166.3%VECO +389.3%VECO compounded faster

ITRI VECO

ITRI vs VECO: by the numbers

•VECO is the larger company ($4.33B vs $3.72B market cap).
•ITRI trades at the lower earnings multiple (13.38 vs 185.39 P/E).
•ITRI converts more revenue to profit (12.32% vs 3.53% net margin).
•VECO grew revenue faster over the past five years (6.28% vs 2.30% CAGR).

Which is better, ITRI or VECO?

Metric tally: ITRI 11 · VECO 2

It depends on what you're optimizing for:

ValueITRI(lower P/E)

GrowthVECO(faster 5Y revenue CAGR)

QualityITRI(higher ROIC)

Metrics side by side

Valuation

Metric	ITRI	VECO
P/E ratio	13.38●	185.39
Forward P/E	12.65	—
P/S ratio	1.62●	6.54
P/B ratio	2.37●	4.85
PEG ratio	0.55	—
EV / EBITDA	12.99●	91.19
FCF yield	10.29%●	1.00%

Profitability

Metric	ITRI	VECO
Gross margin	38.82%	38.46%
Operating margin	13.04%●	3.48%
Net margin	12.32%●	3.53%
ROE	17.98%●	2.62%
ROIC	8.79%●	2.79%

Growth (annualized)

Metric	ITRI	VECO
Revenue CAGR (5Y)	2.30%	6.28%●
EPS CAGR (5Y)	32.19%●	-2.19%
FCF CAGR (5Y)	32.66%●	-2.32%
Total return CAGR (5Y)	-3.49%	24.34%●

Frequently asked

Which is better, ITRI or VECO?: It depends on your goal. value: ITRI (lower P/E); growth: VECO (faster 5Y revenue CAGR); quality: ITRI (higher ROIC). Across all compared metrics, ITRI leads 11 to 2.
Is ITRI or VECO cheaper?: On trailing earnings, ITRI is cheaper: ITRI trades at a 13.38 P/E and VECO at 185.39.
Which has grown faster, ITRI or VECO?: Over the past five years, VECO grew revenue faster — ITRI at a 2.30% CAGR versus VECO at 6.28%.
Is ITRI or VECO more profitable?: ITRI runs the higher net margin — ITRI at 12.32% versus VECO at 3.53%.
Which has been the better investment, ITRI or VECO?: Over the past 10-year, VECO delivered the higher annualized total return — ITRI at 7.17% versus VECO at 15.58%. Past performance doesn't predict future results.

Go deeper

Full ITRI analysis Full VECO analysis Interactive comparison tool

Dig into the metrics

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

Itron & Veeco Instruments appear in these rankings

Highest FCF Yield Stocks Best 10-Year Total Return Stocks Lowest P/E Ratio 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 June 29, 2026.