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BLDP vs. DCI
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

BLDP vs. DCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ballard Power Systems Inc. (BLDP) and Donaldson Company, Inc. (DCI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BLDP achieves a 70.08% return, which is significantly higher than DCI's -2.43% return. Over the past 10 years, BLDP has outperformed DCI with an annualized return of 13.02%, while DCI has yielded a comparatively lower 11.26% annualized return.


BLDP

1D
-1.14%
1M
-22.02%
YTD
70.08%
6M
63.02%
1Y
184.21%
3Y*
0.15%
5Y*
-25.17%
10Y*
13.02%

DCI

1D
0.50%
1M
3.12%
YTD
-2.43%
6M
-6.57%
1Y
27.89%
3Y*
14.01%
5Y*
8.49%
10Y*
11.26%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BLDP vs. DCI - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BLDP
Ballard Power Systems Inc.
70.08%53.01%-55.14%-22.76%-61.86%-46.32%225.91%200.42%-45.80%167.27%
DCI
Donaldson Company, Inc.
-2.43%33.71%4.62%12.80%0.96%7.56%-1.41%34.98%-9.95%18.17%

Correlation

The correlation between BLDP and DCI is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.22

Correlation (3Y)
Calculated over the trailing 3-year period

0.31

Correlation (5Y)
Calculated over the trailing 5-year period

0.36

Correlation (10Y)
Calculated over the trailing 10-year period

0.32

Correlation (All Time)
Calculated using the full available price history since Nov 8, 1995

0.27

The correlation between BLDP and DCI shifts across timeframes, from 0.22 (1 year) to 0.36 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap

BLDP:

$1.30B

DCI:

$10.15B

EPS

BLDP:

-$0.27

DCI:

$3.72

PS Ratio

BLDP:

12.49

DCI:

2.66

PB Ratio

BLDP:

2.24

DCI:

5.99

Total Revenue (TTM)

BLDP:

$103.13M

DCI:

$3.81B

Gross Profit (TTM)

BLDP:

$11.79M

DCI:

$1.30B

EBITDA (TTM)

BLDP:

-$77.20M

DCI:

$664.30M

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Return for Risk

BLDP vs. DCI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BLDP
BLDP Risk / Return Rank: 8787
Overall Rank
BLDP Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
BLDP Sortino Ratio Rank: 8989
Sortino Ratio Rank
BLDP Omega Ratio Rank: 8787
Omega Ratio Rank
BLDP Calmar Ratio Rank: 8787
Calmar Ratio Rank
BLDP Martin Ratio Rank: 8282
Martin Ratio Rank

DCI
DCI Risk / Return Rank: 6868
Overall Rank
DCI Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
DCI Sortino Ratio Rank: 6969
Sortino Ratio Rank
DCI Omega Ratio Rank: 7171
Omega Ratio Rank
DCI Calmar Ratio Rank: 6464
Calmar Ratio Rank
DCI Martin Ratio Rank: 6363
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BLDP vs. DCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ballard Power Systems Inc. (BLDP) and Donaldson Company, Inc. (DCI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


BLDPDCIDifference
Sharpe ratioReturn per unit of total volatility

+1.18

Sortino ratioReturn per unit of downside risk

+1.44

Omega ratioGain probability vs. loss probability

1.36

1.22

+0.14

Calmar ratioReturn relative to maximum drawdown

3.67

1.08

+2.60

Martin ratioReturn relative to average drawdown

7.15

2.26

+4.89

BLDP vs. DCI - Sharpe Ratio Comparison

The current BLDP Sharpe Ratio is 2.24, which is higher than the DCI Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of BLDP and DCI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

BLDP vs. DCI - Drawdown Comparison

The maximum BLDP drawdown since its inception was -99.55%, which is greater than DCI's maximum drawdown of -56.90%. Use the drawdown chart below to compare losses from any high point for BLDP and DCI.


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Drawdown Indicators


BLDPDCIDifference

Max Drawdown

Largest peak-to-trough decline

-99.55%

-56.90%

-42.65%

Max Drawdown (1Y)

Largest decline over 1 year

-50.50%

-26.05%

-24.45%

Max Drawdown (3Y)

Largest decline over 3 years

-78.88%

-26.05%

-52.83%

Max Drawdown (5Y)

Largest decline over 5 years

-94.73%

-32.20%

-62.53%

Max Drawdown (10Y)

Largest decline over 10 years

-97.51%

-42.72%

-54.79%

Current Drawdown

Current decline from peak

-96.73%

-21.77%

-74.96%

Average Drawdown

Average peak-to-trough decline

-82.22%

-11.09%

-71.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

25.89%

12.37%

+13.52%

Volatility

BLDP vs. DCI - Volatility Comparison

Ballard Power Systems Inc. (BLDP) has a higher volatility of 30.81% compared to Donaldson Company, Inc. (DCI) at 7.72%. This indicates that BLDP's price experiences larger fluctuations and is considered to be riskier than DCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BLDPDCIDifference

Volatility (1M)

Calculated over the trailing 1-month period

30.81%

7.72%

+23.09%

Volatility (6M)

Calculated over the trailing 6-month period

60.32%

20.92%

+39.40%

Volatility (1Y)

Calculated over the trailing 1-year period

82.87%

26.39%

+56.48%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

69.21%

23.51%

+45.70%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

70.94%

25.91%

+45.03%

Dividends

BLDP vs. DCI - Dividend Comparison

BLDP has not paid dividends to shareholders, while DCI's dividend yield for the trailing twelve months is around 1.42%.


PositionTTM20252024202320222021202020192018201720162015
BLDP
Ballard Power Systems Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DCI
Donaldson Company, Inc.
1.42%1.32%1.57%1.50%1.55%1.47%1.50%1.42%1.73%1.45%1.65%2.36%

Financials

BLDP vs. DCI - Financials Comparison

This section allows you to compare key financial metrics between Ballard Power Systems Inc. and Donaldson Company, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00200.00M400.00M600.00M800.00M1.00B20222023202420252026
19.15M
995.10M
(BLDP) Total Revenue
(DCI) Total Revenue
Values in USD except per share items

BLDP vs. DCI - Profitability Comparison

The chart below illustrates the profitability comparison between Ballard Power Systems Inc. and Donaldson Company, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-60.0%-40.0%-20.0%0.0%20.0%40.0%20222023202420252026
14.2%
33.5%
Portfolio components
BLDP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ballard Power Systems Inc. reported a gross profit of 2.72M and revenue of 19.15M. Therefore, the gross margin over that period was 14.2%.

DCI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Donaldson Company, Inc. reported a gross profit of 333.40M and revenue of 995.10M. Therefore, the gross margin over that period was 33.5%.

BLDP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ballard Power Systems Inc. reported an operating income of -12.89M and revenue of 19.15M, resulting in an operating margin of -67.3%.

DCI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Donaldson Company, Inc. reported an operating income of 155.30M and revenue of 995.10M, resulting in an operating margin of 15.6%.

BLDP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ballard Power Systems Inc. reported a net income of -11.23M and revenue of 19.15M, resulting in a net margin of -58.7%.

DCI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Donaldson Company, Inc. reported a net income of 118.10M and revenue of 995.10M, resulting in a net margin of 11.9%.


Frequently Asked Questions


BLDP and DCI have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BLDP has higher volatility (30.81%) compared to DCI (7.72%). In terms of maximum drawdown, BLDP dropped -99.55% vs DCI's -56.90%.

BLDP currently has the higher Sharpe Ratio (2.24 vs 1.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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