KLIC vs LRCX vs VECO Stock Comparison

Kulicke & Soffa Industries, Lam Research and Veeco Instruments Prices as of Nov 5, 2026 Peers: Industry group
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LRCX Lam Research Corp
$185.20 -44.5% 1M +12.2% 1Y
Market cap
$250.91B
P/E
29.7x
Revenue (TTM)
$26.13B
Div. yield
–
Semiconductor Equipment Technology
5 wins
VECO Veeco Instruments Inc
$33.25 -40.3% 1M +12.9% 1Y
Market cap
$2.27B
P/E
86.3x
Revenue (TTM)
$726.22M
Div. yield
–
Semiconductor Equipment Technology
1 win

Head to Head

11 decided of 12

Lam Research leads on 5 of the 12 questions below (Lam Research 5, Kulicke & Soffa Industries 5, Veeco Instruments 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionKLICLRCXVECOLeader
Larger companyMarket capitalisation $3.33B $250.91B $2.27B LRCX
Cheaper on earningsLower P/E, profitable companies only 28.7x 29.7x 86.3x KLIC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.7x 18.4x 22.8x KLIC
Faster revenue growthRevenue growth, trailing twelve months +44.4% +33.4% +6.6% KLIC
More profitableNet margin, trailing twelve months 12.2% 32.3% 3.6% LRCX
Better return on capitalReturn on invested capital — 49.6% 1.9% LRCX
Less leveragedLower net debt / EBITDA — -0.4x -6.0x VECO
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +51.5% +12.2% +12.9% KLIC
Better 5-year returnAnnualised price return, 5 years +0.9%/yr +24.9%/yr +4.0%/yr LRCX
Less volatileAnnualised volatility, 1 year 61.0% 68.4% 72.1% KLIC
Higher overall scoreMean of the five percentile scores vs peers 55/100 69/100 46/100 LRCX

Percentile Scorecard

KLICLRCXVECO

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

AxisKLICLRCXVECO
Valuation 61 #37 of 94 54 #44 of 94 77 #22 of 94
Growth 63 #35 of 92 82 #17 of 92 28 #67 of 92
Profitability 52 #44 of 90 96 #5 of 90 36 #58 of 90
Financial Health 61 #40 of 101 46 #55 of 101 50 #51 of 101
Shareholder Returns 40 #49 of 81 68 #27 of 81 39 #50 of 81
Overall 55 69 46
  • KLIC ranked among 103 companies in Semiconductors
  • LRCX ranked among 103 companies in Semiconductors
  • VECO ranked among 103 companies in Semiconductors

Price Performance

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

Returns

PeriodKLICLRCXVECOSPY
1 month -38.9%-44.5%-40.3% -5.9%
3 months -34.0%-39.4%-35.6% -4.6%
6 months -39.0%-35.4%-42.4% +0.2%
Year to date +31.3%+8.2%+16.3% +7.5%
1 year +51.5%+12.2%+12.9% +8.2%
3 years +34.2%+189.8%+33.7% +68.3%
3 years, per year +10.3%+42.6%+10.2% +19.0%
5 years +4.4%+203.2%+21.7% +56.5%
5 years, per year +0.9%+24.9%+4.0% +9.4%
10 years +354.3%+1,849.5%+37.4% +251.5%
10 years, per year +16.3%+34.6%+3.2% +13.4%

Risk

MeasureKLICLRCXVECOSPY
Volatility, 1Y 61.0%68.4%72.1% 13.6%
Downside volatility, 1Y 68.1%70.6%72.9% 14.2%
Beta vs S&P 500, 1Y 2.293.292.55 1.00
Return / volatility, 1Y 0.840.180.18 0.60
Max drawdown, 5Y -59.5%-57.3%-64.2% -25.4%
From 52-week high -55.3%-57.3%-60.0% -5.9%
52-week high $133.81$433.33$83.04 $779.14
52-week low $35.29$139.59$26.39 $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.

MultipleKLICLRCXVECO
P/E now vs peer median 27.1xmedian 35.6x 27.4xmedian 35.6x 77.3xmedian 35.6x
P/S now vs peer median 3.3xmedian 5.8x 8.9xmedian 5.8x 2.8xmedian 5.8x
EV/EBITDA now vs peer median 18.5xmedian 21.9x 22.5xmedian 21.9x 41.5xmedian 21.9x
P/FCF now vs peer median 76.1xmedian 30.7x 35.4xmedian 30.7x 16.2xmedian 30.7x
P/B now vs peer median 3.4xmedian 3.5x 16.6xmedian 3.5x 2.2xmedian 3.5x
PEG now vs peer median 3.35median 1.25 0.88median 1.25 -2.38median 1.25

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 monthsKLICLRCXVECO
Revenue $950.21M $26.13B $726.22M
Gross profit $457.82M $13.34B $271.56M
Operating income $125.54M $9.65B $21.93M
Net income $115.74M $8.45B $26.28M
Free cash flow $41.13M $6.54B $125.80M
R&D $161.53M $2.47B $128.86M
EPS (diluted) $2.17 $6.73 $0.40
Cash & equivalents $368.57M $7.44B $205.32M
Total debt – $3.74B $226.84M
Shares (diluted) 53.43M 1.26B 66.15M
Enterprise value $1.33B $226.97B $583.51M

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
MetricKLICLRCXVECO
P/E 27.1x 27.4x 77.3x
P/FCF 76.1x 35.4x 16.2x
P/Operating cash flow 56.8x 30.5x 14.3x
P/S 3.3x 8.9x 2.8x
P/B 3.4x 16.6x 2.2x
P/Tangible book 3.5x 16.6x 2.2x
EV/EBITDA 18.5x 22.5x 41.5x
EV/EBIT 20.8x 23.6x 81.0x
EV/Revenue 2.8x 8.7x 2.4x
EV/FCF 63.6x 34.8x 14.1x
EV/Operating cash flow 47.4x 30.0x 12.5x
PEG (3Y EPS CAGR) 3.35 0.88 -2.38

Growth

14 metrics
MetricKLICLRCXVECO
Revenue growth (1Y) 44.4% 33.4% 6.6%
Revenue CAGR (3Y) 4.8% 18.2% 4.0%
Gross profit growth (1Y) 61.0% 38.1% -2.6%
Gross profit CAGR (3Y) 5.0% 23.4% 0.3%
Operating income growth (1Y) 8,922% 49.3% -46.5%
Operating income CAGR (3Y) 12.8% 29.0% -28.2%
Net income growth (1Y) 1,845% 45.4% -46.6%
Net income CAGR (3Y) 5.5% 28.6% -30.1%
EPS growth (1Y) 1,818% 47.0% -50.8%
EPS CAGR (3Y) 8.1% 31.1% -32.5%
Operating cash flow growth (1Y) -59.7% 18.7% 94.9%
Operating cash flow CAGR (3Y) -36.2% 15.3% 29.6%
Free cash flow growth (1Y) -65.7% 17.8% 129.4%
Free cash flow CAGR (3Y) -37.0% 13.2% 40.6%

Profitability

14 metrics
MetricKLICLRCXVECO
Gross margin 48.2% 51.1% 37.4%
EBITDA margin 14.9% 38.7% 5.9%
Operating margin 13.2% 37.0% 3.0%
Pretax margin 15.2% 37.2% 3.8%
Net margin 12.2% 32.3% 3.6%
FCF margin 4.3% 25.0% 17.3%
Operating cash flow margin 5.8% 29.0% 19.6%
Return on equity 13.1% 64.1% 2.9%
Return on assets 9.2% 33.9% 1.8%
Return on invested capital – 49.6% 1.9%
Return on capital employed 13.5% 54.8% 1.8%
Asset turnover 0.8x 1.0x 0.5x
Cash conversion (OCF / net income) 0.5x 0.9x 5.4x
Stock comp / revenue 2.9% 1.5% 4.8%

Financial Health

11 metrics
MetricKLICLRCXVECO
Debt / assets – 14.2% 15.1%
Debt / equity – 0.3x 0.2x
Net debt / EBITDA – -0.4x -6.0x
Debt / FCF – 0.6x 1.8x
Liabilities / assets 30.9% 47.2% 38.6%
Equity / assets 69.1% 52.8% 61.4%
Interest coverage 836.9x – 2.5x
Current ratio 3.4x 2.5x 3.9x
Quick ratio 2.6x 1.8x 2.5x
Cash ratio 1.6x 1.0x 1.8x
Altman Z-score 7.72 15.83 2.86

Shareholder Returns

7 metrics
MetricKLICLRCXVECO
Dividend yield 1.3% 0.6% –
Net buyback yield 0.8% 1.6% -0.1%
Shareholder yield 2.1% 2.2% -0.1%
Payout ratio (earnings) 37.0% – –
Payout ratio (FCF) 104.2% – –
Dividend growth (1Y) -1.9% – –
Dividend CAGR (3Y) 1.2% – –

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.

ConsensusKLICLRCXVECO
Forward P/E 14.7xFY2026 18.4xFY2027 22.8xFY2026
EPS, next fiscal year $4.07FY2026 $10.09FY2027 $1.46FY2026
EPS growth, next FY +1,838.1%FY2026 +73.4%FY2027 +9.8%FY2026
EPS growth, the year after +38.6% +12.0% +108.2%
Revenue, next fiscal year $1.19BFY2026 $32.92BFY2027 $753.17MFY2026
Revenue growth, next FY +82.6%FY2026 +41.7%FY2027 +13.4%FY2026
Revenue growth, the year after +24.1% +24.6% +52.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersKLICLRCXVECO
Held by institutions 92.8% 85.6% 100.0%
Institutions holding 467 3,138 330
Change in shares held, QoQ +1.6% +6.2% +3.5%
Institutions buying 268 1,701 210
Institutions selling 152 1,164 86
Buyers to sellers 1.76 1.46 2.44

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.

KLICLRCXVECO
KLIC 1.00 0.71 0.62
LRCX 0.71 1.00 0.66
VECO 0.62 0.66 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, KLIC, LRCX and VECO?

Lam Research (LRCX) is the largest by market capitalisation: Kulicke & Soffa Industries (KLIC) $3.33B, Lam Research (LRCX) $250.91B, Veeco Instruments (VECO) $2.27B.

Which stock is cheaper, KLIC, LRCX and VECO?

Kulicke & Soffa Industries (KLIC) trades on the lowest price-to-earnings ratio (Kulicke & Soffa Industries (KLIC) 28.7x, Lam Research (LRCX) 29.7x, Veeco Instruments (VECO) 86.3x). On next year's consensus earnings, Kulicke & Soffa Industries (KLIC) is cheapest (Kulicke & Soffa Industries (KLIC) 14.7x, Lam Research (LRCX) 18.4x, Veeco Instruments (VECO) 22.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Kulicke & Soffa Industries (KLIC) grew revenue fastest over the trailing twelve months: Kulicke & Soffa Industries (KLIC) +44.4%, Lam Research (LRCX) +33.4%, Veeco Instruments (VECO) +6.6%.

Which company is more profitable?

Lam Research (LRCX) has the highest net margin (Kulicke & Soffa Industries (KLIC) 12.2%, Lam Research (LRCX) 32.3%, Veeco Instruments (VECO) 3.6%). On return on invested capital, Lam Research (LRCX) leads (Lam Research (LRCX) 49.6%, Veeco Instruments (VECO) 1.9%).

Which stock has performed better?

Over the past year Kulicke & Soffa Industries (KLIC) returned the most: Kulicke & Soffa Industries (KLIC) +51.5%, Lam Research (LRCX) +12.2%, Veeco Instruments (VECO) +12.9%. Over five years, Lam Research (LRCX) compounded fastest (Kulicke & Soffa Industries (KLIC) +0.9%/yr, Lam Research (LRCX) +24.9%/yr, Veeco Instruments (VECO) +4.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Kulicke & Soffa Industries (KLIC) 0.01%, Lam Research (LRCX) 0.00%, Veeco Instruments (VECO) 0.00%. Lam Research (LRCX) and Veeco Instruments (VECO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Kulicke & Soffa Industries (KLIC) has been the steadiest (Kulicke & Soffa Industries (KLIC) 61.0%, Lam Research (LRCX) 68.4%, Veeco Instruments (VECO) 72.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, KLIC, LRCX and VECO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Lam Research (LRCX) leads on 5. 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.