DXP Enterprises (DXPE) vs Veeco Instruments (VECO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 21, 2026.
Summary
Veeco Instruments (VECO) has outperformed DXP Enterprises (DXPE) over the past year, gaining 59.2% versus a gain of 50.5%. Over five years, DXPE leads with a +438.7% price change compared with +92.1% for VECO. Veeco Instruments is the larger company by market cap ($2.85 billion vs $2.75 billion), about 1.0 times the size, while DXP Enterprises is growing revenue faster (+11.9% vs -7.4%).
On valuation, Veeco Instruments trades at a lower forward P/E (16.1x vs 23.2x for DXP Enterprises). Veeco Instruments converts more of its revenue into profit, with a net margin of 5.3% versus 4.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DXPE | VECO |
|---|---|---|
| Share price | $177.54 | $46.66 |
| Market cap | $2.75B | $2.85B |
| 1-day change | +4.10% | +4.69% |
| YTD return | +61.71% | +63.26% |
| 1-year return | +50.50% | +59.19% |
| 5-year return | +438.65% | +92.10% |
| P/E ratio (TTM) | 29.99 | 119.64 |
| Forward P/E | 23.18 | 16.06 |
| EPS (TTM) | $5.92 | $0.39 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $2.02B | $664.29M |
| Revenue growth (YoY) | +11.89% | -7.39% |
| Net income (latest FY) | $88.68M | $35.39M |
| Gross margin | 31.54% | 39.95% |
| Operating margin | 8.77% | 5.38% |
| Net margin | 4.40% | 5.33% |
| 52-week high | $208.00 | $86.63 |
| 52-week low | $84.04 | $26.00 |
| Distance from 52-week high | -14.64% | -46.14% |
| Analyst consensus | none | buy |
| Avg. price target upside | +12.65% | +31.44% |
| Average volume | 144.03K | 700.23K |
| Shares outstanding | 15.52M | 61.03M |
| Employees | 3,286 | 1,265 |
| Sector | Industrials | Technology |
| Industry | Industrial Machinery/Components | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Veeco Instruments trades at a higher earnings multiple (119.6x vs 30.0x trailing P/E).
- DXP Enterprises grew revenue faster in its latest fiscal year (+11.89% vs -7.39%).
- The two companies sit in different sectors: DXP Enterprises in Industrials and Veeco Instruments in Technology.
About DXP Enterprises
DXPE stock →DXP Enterprises, Inc., together with its subsidiaries, engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services in the United States, Canada, and internationally. The company operates in three segments: Service Centers, Supply Chain Services, and Innovative Pumping Solutions.
Industrials · Industrial Machinery/Components · 3,286 employees
About Veeco Instruments
VECO stock →Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices in the United States, Europe, the Middle East, and Africa, China, Rest of the Asia-Pacific, and internationally. It offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, advanced packaging lithography, atomic layer deposition, and other deposition systems.
Technology · Industrial Machinery/Components · 1,265 employees
DXPE vs VECO FAQ
Which is bigger, DXP Enterprises or Veeco Instruments?
Veeco Instruments (VECO) is larger, with a market capitalization of $2.85B compared with $2.75B for DXP Enterprises (DXPE).
Which stock has performed better over the past year, DXPE or VECO?
VECO returned +59.19% over the past 12 months, compared with +50.50% for DXPE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DXPE or VECO?
DXPE has the lower trailing P/E at 30.0, versus 119.6 for VECO. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are DXP Enterprises and Veeco Instruments in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.