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

ITRI has the lower trailing P/E: ITRI trades at 17.13 and VECO at 138.30. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ITRI or VECO?

Over the past five years, VECO grew revenue faster — ITRI at a 2.12% CAGR versus VECO at 5.15%.

Is ITRI or VECO more profitable?

ITRI runs the higher net margin — ITRI at 11.90% versus VECO at 3.40%.

How have ITRI and VECO total returns compared?

Over the past 10 years, ITRI delivered 7.85% and VECO delivered 9.11% annualized total return. Past performance doesn't predict future results.

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

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 August 13, 2026. Differences are shown without an overall score or investment verdict.

ITRI

Itron, Inc.

$4.49B

$102.61TechnologyDelayed quote: Aug 12, 2026, 4:00 PM EDT

VECO

Veeco Instruments Inc.

$3.25B

$53.26TechnologyDelayed quote: Aug 12, 2026, 4:00 PM EDT

Total return — ITRI vs VECO

growth of $100 · dividends reinvested · last 10y

ITRI +137.2% (+9.0%/yr)VECO +146.0% (+9.4%/yr)VECO compounded faster over this window

ITRI VECO

ITRI vs VECO: by the numbers

•ITRI is the larger company ($4.49B vs $3.25B market cap).
•ITRI trades at the lower trailing earnings multiple (17.13 vs 138.30 P/E), one valuation lens rather than an overall verdict.
•ITRI converts more revenue to profit (11.90% vs 3.40% net margin).
•VECO grew revenue faster over the past five years (5.15% vs 2.12% CAGR).

Metrics side by side

Valuation

Metric	ITRI	VECO
P/E ratio	17.13	138.30
Forward P/E	16.07	N/A
P/S ratio	2.01	4.77
P/B ratio	2.86	3.61
EV / EBITDA	10.96	69.92
FCF yield	8.29%	2.61%

Profitability

Metric	ITRI	VECO
Gross margin	39.87%	37.92%
Operating margin	13.22%	3.26%
Net margin	11.90%	3.40%
ROE	16.95%	2.57%
ROIC	8.79%	2.79%

Growth (annualized)

Metric	ITRI	VECO
Revenue CAGR (5Y)	2.12%	5.15%
EPS CAGR (5Y)	32.19%	N/A
FCF CAGR (5Y)	17.83%	21.42%
Total return CAGR (5Y)	4.47%	17.57%

Frequently asked

Which has the lower trailing P/E, ITRI or VECO?: ITRI has the lower trailing P/E: ITRI trades at 17.13 and VECO at 138.30. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ITRI or VECO?: Over the past five years, VECO grew revenue faster — ITRI at a 2.12% CAGR versus VECO at 5.15%.
Is ITRI or VECO more profitable?: ITRI runs the higher net margin — ITRI at 11.90% versus VECO at 3.40%.
How have ITRI and VECO total returns compared?: Over the past 10 years, ITRI delivered 7.85% and VECO delivered 9.11% annualized total return. 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 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

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 13, 2026.