DDD vs LECO vs VELO Stock Comparison

3D Systems, Lincoln Electric Holdings and Velo3D Prices as of Oct 23, 2026 Peers: Industry group
DDD 3D Systems Corp
$3.04 -13.6% 1M -1.3% 1Y
Market cap
$440.95M
P/E
–
Revenue (TTM)
$387.64M
Div. yield
–
3D Printing Industrials
1 win
VELO Velo3D, Inc.
$6.64 -39.5% 1M +19.6% 1Y
Market cap
$191.41M
P/E
–
Revenue (TTM)
$57.32M
Div. yield
–
3D Printing Industrials
2 wins

Head to Head

9 decided of 12

Lincoln Electric Holdings leads on 6 of the 12 questions below (Lincoln Electric Holdings 6, Velo3D 2, 3D Systems 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDDDLECOVELOLeader
Larger companyMarket capitalisation $440.95M $14.14B $191.41M LECO
Cheaper on earningsLower P/E, profitable companies only -8.0x 25.5x -3.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 22.0x — –
Faster revenue growthRevenue growth, trailing twelve months -6.2% +9.3% +31.0% VELO
More profitableNet margin, trailing twelve months -14.2% 12.4% -100.9% LECO
Better return on capitalReturn on invested capital -17.8% 21.4% -48.6% LECO
Less leveragedLower net debt / EBITDA 1.0x 1.0x 1.6x DDD
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months -1.3% +5.7% +19.6% VELO
Better 5-year returnAnnualised price return, 5 years -35.3%/yr +12.1%/yr -72.6%/yr LECO
Less volatileAnnualised volatility, 1 year 84.0% 29.5% 168.1% LECO
Higher overall scoreMean of the five percentile scores vs peers 32/100 57/100 40/100 LECO

Percentile Scorecard

DDDLECOVELO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDDDLECOVELO
Valuation 16 #170 of 203 39 #124 of 203 20 #163 of 203
Growth 59 #77 of 188 50 #94 of 188 54 #87 of 188
Profitability 11 #166 of 187 95 #11 of 187 5 #177 of 187
Financial Health 65 #79 of 222 46 #121 of 222 79 #47 of 222
Shareholder Returns 6 #144 of 153 56 #68 of 153 –
Overall 32 57 40
  • DDD ranked among 222 companies in Machinery
  • LECO ranked among 222 companies in Machinery
  • VELO ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDDDLECOVELOSPY
1 month -13.6%-3.6%-39.5% -1.0%
3 months +17.8%+1.8%-31.3% +2.9%
6 months +34.5%-1.6%-61.8% +6.4%
Year to date +71.8%+6.8%-51.7% +11.4%
1 year -1.3%+5.7%+19.6% +13.1%
3 years -31.1%+52.4%-99.1% +79.4%
3 years, per year -11.7%+15.1%-79.1% +21.5%
5 years -88.6%+77.1%-99.8% +67.7%
5 years, per year -35.3%+12.1%-72.6% +10.9%
10 years -77.9%+283.8%— +255.2%
10 years, per year -14.0%+14.4%— +13.5%

Risk

MeasureDDDLECOVELOSPY
Volatility, 1Y 84.0%29.5%168.1% 12.7%
Downside volatility, 1Y 75.3%31.1%146.0% 12.7%
Beta vs S&P 500, 1Y 2.801.144.25 1.00
Return / volatility, 1Y -0.020.190.12 1.03
Max drawdown, 5Y -96.0%-35.3%-100.0% -25.4%
From 52-week high -21.6%-14.4%-78.3% -2.5%
52-week high $3.88$298.88$30.61 $779.14
52-week low $1.77$220.64$4.15 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDDDLECOVELO
P/E now vs peer median -8.3xmedian 25.9x 25.3xmedian 25.9x -3.4xmedian 25.9x
P/S now vs peer median 1.3xmedian 1.9x 3.1xmedian 1.9x 3.7xmedian 1.9x
EV/EBITDA now vs peer median -12.1xmedian 13.7x 17.1xmedian 13.7x -2.5xmedian 13.7x
P/FCF now vs peer median -9.6xmedian 21.1x 25.7xmedian 21.1x —median 21.1x
P/B now vs peer median 1.8xmedian 2.3x 9.0xmedian 2.3x 1.5xmedian 2.3x
PEG now vs peer median -0.31median 1.19 3.59median 1.19 -0.04median 1.19

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDDDLECOVELO
Revenue $387.64M $4.48B $57.32M
Gross profit $131.01M $1.61B -$3.66M
Operating income -$61.26M $767.80M -$54.46M
Net income -$54.85M $553.55M -$57.86M
Free cash flow -$52.40M $542.40M –
R&D $47.60M – $12.92M
EPS (diluted) $-0.37 $10.05 $-1.96
Cash & equivalents $127.95M $242.44M $91.14M
Total debt $91.18M $5.00B $84.68M
Shares (diluted) 148.97M 55.10M 29.45M
Enterprise value $36.73M $12.99B $76.67M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDDDLECOVELO
P/E -8.3x 25.3x -3.4x
P/FCF -9.6x 25.7x –
P/Operating cash flow -11.9x 20.3x –
P/S 1.3x 3.1x 3.7x
P/B 1.8x 9.0x 1.5x
P/Tangible book 2.0x 9.0x 1.5x
EV/EBITDA -12.1x 17.1x -2.5x
EV/EBIT -7.6x 19.4x -2.4x
EV/Revenue 1.2x 3.3x 2.3x
EV/FCF -8.9x 27.4x –
EV/Operating cash flow -11.1x 21.6x –
PEG (3Y EPS CAGR) -0.31 3.59 -0.04

Growth

14 metrics
MetricDDDLECOVELO
Revenue growth (1Y) -6.2% 9.3% 31.0%
Revenue CAGR (3Y) -9.0% 4.2% -16.6%
Gross profit growth (1Y) -9.6% 8.0% -233.7%
Gross profit CAGR (3Y) -13.8% 6.2% -40.7%
Operating income growth (1Y) 76.7% 13.0% 11.9%
Operating income CAGR (3Y) 21.6% 7.0% 18.8%
Net income growth (1Y) 62.1% 10.1% 29.0%
Net income CAGR (3Y) 23.3% 5.0% 20.3%
EPS growth (1Y) 53.6% 11.8% 66.1%
EPS CAGR (3Y) 26.7% 7.0% 81.3%
Operating cash flow growth (1Y) 38.0% 10.1% –
Operating cash flow CAGR (3Y) 18.5% 6.8% –
Free cash flow growth (1Y) 36.8% 7.4% –
Free cash flow CAGR (3Y) 20.0% 3.7% –

Profitability

14 metrics
MetricDDDLECOVELO
Gross margin 33.8% 36.0% -6.4%
EBITDA margin -10.0% 19.4% -90.9%
Operating margin -15.8% 17.1% -95.0%
Pretax margin -11.7% 16.1% -100.8%
Net margin -14.2% 12.4% -100.9%
FCF margin -13.5% 12.1% –
Operating cash flow margin -10.9% 15.3% –
Return on equity -21.7% 36.1% -62.7%
Return on assets -10.5% 14.4% -37.9%
Return on invested capital -17.8% 21.4% -48.6%
Return on capital employed -14.7% 25.9% -42.5%
Asset turnover 0.7x 1.2x 0.4x
Cash conversion (OCF / net income) 0.8x 1.2x –
Stock comp / revenue 3.5% 0.5% 15.9%

Financial Health

11 metrics
MetricDDDLECOVELO
Debt / assets 17.0% 30.2% 4.1%
Debt / equity 0.3x 0.7x 0.1x
Net debt / EBITDA 1.0x 1.0x 1.6x
Debt / FCF -1.7x 2.1x –
Liabilities / assets 48.9% 59.2% 26.8%
Equity / assets 51.1% 40.8% 73.2%
Interest coverage – – -15.7x
Current ratio 3.4x 2.0x 6.3x
Quick ratio 1.9x 1.0x 4.5x
Cash ratio 1.2x 0.3x 3.7x
Altman Z-score -1.45 7.49 -1.05

Shareholder Returns

7 metrics
MetricDDDLECOVELO
Dividend yield – 1.2% –
Net buyback yield -10.5% 1.6% –
Shareholder yield -10.5% 2.8% –
Payout ratio (earnings) – 30.9% –
Payout ratio (FCF) – 31.5% –
Dividend growth (1Y) – 3.3% –
Dividend CAGR (3Y) – 7.0% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDDDLECOVELO
Forward P/E – 22.0xFY2026 –
EPS, next fiscal year $-0.14FY2026 $11.62FY2026 $-1.09FY2026
EPS growth, next FY – +17.7%FY2026 –
EPS growth, the year after – +0.4% –
Revenue, next fiscal year $368.77MFY2026 $4.83BFY2026 $68.54MFY2026
Revenue growth, next FY -4.7%FY2026 +14.3%FY2026 +49.1%FY2026
Revenue growth, the year after +7.8% +5.7% +25.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDDDLECOVELO
Held by institutions 71.1% 81.3% 41.1%
Institutions holding 210 701 135
Change in shares held, QoQ +34.8% +5.5% +84.8%
Institutions buying 126 297 115
Institutions selling 37 266 15
Buyers to sellers 3.41 1.12 7.67

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DDDLECOVELO
DDD 1.00 0.30 0.40
LECO 0.30 1.00 0.23
VELO 0.40 0.23 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DDD, LECO and VELO?

Lincoln Electric Holdings (LECO) is the largest by market capitalisation: 3D Systems (DDD) $440.95M, Lincoln Electric Holdings (LECO) $14.14B, Velo3D (VELO) $191.41M.

Which company is growing faster?

Velo3D (VELO) grew revenue fastest over the trailing twelve months: 3D Systems (DDD) -6.2%, Lincoln Electric Holdings (LECO) +9.3%, Velo3D (VELO) +31.0%.

Which company is more profitable?

Lincoln Electric Holdings (LECO) has the highest net margin (3D Systems (DDD) -14.2%, Lincoln Electric Holdings (LECO) 12.4%, Velo3D (VELO) -100.9%). On return on invested capital, Lincoln Electric Holdings (LECO) leads (3D Systems (DDD) -17.8%, Lincoln Electric Holdings (LECO) 21.4%, Velo3D (VELO) -48.6%).

Which stock has performed better?

Over the past year Velo3D (VELO) returned the most: 3D Systems (DDD) -1.3%, Lincoln Electric Holdings (LECO) +5.7%, Velo3D (VELO) +19.6%. Over five years, Lincoln Electric Holdings (LECO) compounded fastest (3D Systems (DDD) -35.3%/yr, Lincoln Electric Holdings (LECO) +12.1%/yr, Velo3D (VELO) -72.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: 3D Systems (DDD) 0.00%, Lincoln Electric Holdings (LECO) 0.01%, Velo3D (VELO) 0.00%. 3D Systems (DDD) and Velo3D (VELO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Lincoln Electric Holdings (LECO) has been the steadiest (3D Systems (DDD) 84.0%, Lincoln Electric Holdings (LECO) 29.5%, Velo3D (VELO) 168.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DDD, LECO and VELO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Lincoln Electric Holdings (LECO) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.