PLPC vs. VECO
PLPC (Preformed Line Products Company) and VECO (Veeco Instruments Inc.) are both stocks. PLPC operates in Electrical Equipment & Parts (Industrials), while VECO operates in Semiconductor Equipment & Materials (Technology). Over the past 10 years, PLPC returned 24.32%/yr vs 12.34%/yr for VECO. At a 0.24 correlation, their price movements are largely independent.
Performance
PLPC vs. VECO - Performance Comparison
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Returns By Period
In the year-to-date period, PLPC achieves a 64.87% return, which is significantly lower than VECO's 95.10% return. Over the past 10 years, PLPC has outperformed VECO with an annualized return of 24.32%, while VECO has yielded a comparatively lower 12.34% annualized return.
PLPC
- 1D
- -1.84%
- 1M
- -9.38%
- 6M
- 40.08%
- YTD
- 64.87%
- 1Y
- 103.89%
- 3Y*
- 27.05%
- 5Y*
- 36.82%
- 10Y*
- 24.32%
VECO
- 1D
- -2.86%
- 1M
- -28.03%
- 6M
- 64.82%
- YTD
- 95.10%
- 1Y
- 163.52%
- 3Y*
- 29.44%
- 5Y*
- 20.54%
- 10Y*
- 12.34%
PLPC vs. VECO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PLPC Preformed Line Products Company | 64.87% | 62.61% | -3.93% | 61.77% | 29.93% | -4.34% | 15.14% | 12.87% | -22.73% | 23.98% |
VECO Veeco Instruments Inc. | 95.10% | 6.64% | -13.63% | 67.01% | -34.74% | 64.00% | 18.22% | 98.18% | -50.10% | -49.06% |
Correlation
The correlation between PLPC and VECO is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 1999 | 0.24 |
Over the past year, PLPC and VECO have become more correlated (0.45) than their long-term average of 0.24, meaning their price movements have been converging.
Fundamentals
PLPC:
$1.66B
VECO:
$3.40B
PLPC:
$6.94
VECO:
$0.38
PLPC:
48.99
VECO:
146.29
PLPC:
9.00
VECO:
1.53
PLPC:
2.41
VECO:
5.16
PLPC:
3.54
VECO:
3.81
PLPC:
$697.08M
VECO:
$655.34M
PLPC:
$215.09M
VECO:
$252.77M
PLPC:
$62.69M
VECO:
$48.45M
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Return for Risk
PLPC vs. VECO — Risk / Return Rank
PLPC
VECO
PLPC vs. VECO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Preformed Line Products Company (PLPC) and Veeco Instruments Inc. (VECO). 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.
| PLPC | VECO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.56 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.40 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 4.68 | 4.60 | +0.08 |
| Martin ratioReturn relative to average drawdown | 13.18 | 17.13 | -3.95 |
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Drawdowns
PLPC vs. VECO - Drawdown Comparison
The maximum PLPC drawdown since its inception was -66.36%, smaller than the maximum VECO drawdown of -96.68%. Use the drawdown chart below to compare losses from any high point for PLPC and VECO.
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Drawdown Indicators
| PLPC | VECO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.36% | -96.68% | +30.32% |
Max Drawdown (1Y)Largest decline over 1 year | -22.33% | -35.75% | +13.42% |
Max Drawdown (3Y)Largest decline over 3 years | -39.35% | -64.20% | +24.85% |
Max Drawdown (5Y)Largest decline over 5 years | -39.35% | -64.20% | +24.85% |
Max Drawdown (10Y)Largest decline over 10 years | -59.49% | -80.96% | +21.47% |
Current DrawdownCurrent decline from peak | -17.14% | -51.72% | +34.58% |
Average DrawdownAverage peak-to-trough decline | -24.76% | -70.41% | +45.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.91% | 9.59% | -1.68% |
Volatility
PLPC vs. VECO - Volatility Comparison
The current volatility for Preformed Line Products Company (PLPC) is 20.09%, while Veeco Instruments Inc. (VECO) has a volatility of 32.90%. This indicates that PLPC experiences smaller price fluctuations and is considered to be less risky than VECO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLPC | VECO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.09% | 32.90% | -12.81% |
Volatility (6M)Calculated over the trailing 6-month period | 41.63% | 56.22% | -14.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.12% | 65.11% | -11.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.78% | 47.01% | -2.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.47% | 52.06% | -7.59% |
Dividends
PLPC vs. VECO - Dividend Comparison
PLPC's dividend yield for the trailing twelve months is around 0.24%, while VECO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLPC Preformed Line Products Company | 0.24% | 0.39% | 0.63% | 0.60% | 0.72% | 1.24% | 1.17% | 1.33% | 1.47% | 1.13% | 1.38% | 1.90% |
VECO Veeco Instruments 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% |
Financials
PLPC vs. VECO - Financials Comparison
This section allows you to compare key financial metrics between Preformed Line Products Company and Veeco Instruments 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.
Total Revenue: Total amount of money received from sales and other business activities
PLPC vs. VECO - Profitability Comparison
PLPC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Preformed Line Products Company reported a gross profit of 55.22M and revenue of 176.28M. Therefore, the gross margin over that period was 31.3%.
VECO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Veeco Instruments Inc. reported a gross profit of 55.83M and revenue of 158.34M. Therefore, the gross margin over that period was 35.3%.
PLPC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Preformed Line Products Company reported an operating income of 13.72M and revenue of 176.28M, resulting in an operating margin of 7.8%.
VECO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Veeco Instruments Inc. reported an operating income of -2.66M and revenue of 158.34M, resulting in an operating margin of -1.7%.
PLPC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Preformed Line Products Company reported a net income of 10.52M and revenue of 176.28M, resulting in a net margin of 6.0%.
VECO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Veeco Instruments Inc. reported a net income of -324.00K and revenue of 158.34M, resulting in a net margin of -0.2%.
Frequently Asked Questions
PLPC and VECO have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VECO has higher volatility (32.90%) compared to PLPC (20.09%). In terms of maximum drawdown, PLPC dropped -66.36% vs VECO's -96.68%.
VECO currently has the higher Sharpe Ratio (2.53 vs 1.97), 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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