CDW Corporation (CDW) vs Onto Innovation Inc. (ONTO)
ONTO leads on 8 of 15 compared metrics, though CDW is the cheaper stock.
A side-by-side comparison of CDW Corporation and Onto Innovation Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 29, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — CDW vs ONTO
growth of $100 · last 13yCDW +625.6%ONTO +2079.8%ONTO compounded faster
CDW ONTO
CDW vs ONTO: by the numbers
- •CDW is the larger company ($17.03B vs $16.11B market cap).
- •CDW trades at the lower earnings multiple (16.22 vs 151.36 P/E).
- •ONTO converts more revenue to profit (10.33% vs 4.70% net margin).
- •ONTO grew revenue faster over the past five years (11.93% vs 3.90% CAGR).
- •CDW pays a dividend (1.89% yield) while ONTO does not currently pay one.
Which is better, CDW or ONTO?
Metric tally: CDW 7 · ONTO 8It depends on what you're optimizing for:
ValueCDW(lower P/E)
GrowthONTO(faster 5Y revenue CAGR)
QualityCDW(higher ROIC)
Metrics side by side
Valuation
| Metric | CDW | ONTO |
|---|---|---|
| P/E ratio | 16.22● | 151.36 |
| Forward P/E | 12.41 | — |
| P/S ratio | 0.75● | 15.72 |
| P/B ratio | 6.76● | 7.60 |
| PEG ratio | 19.29 | 4.40● |
| EV / EBITDA | 11.60● | 84.62 |
| FCF yield | 6.23%● | 1.47% |
Profitability
| Metric | CDW | ONTO |
|---|---|---|
| Gross margin | 21.57% | 48.80%● |
| Operating margin | 7.30% | 10.53%● |
| Net margin | 4.70% | 10.33%● |
| ROE | 42.15%● | 4.99% |
| ROIC | 12.13%● | 5.18% |
Dividends
| Metric | CDW | ONTO |
|---|---|---|
| Dividend yield | 1.89% | — |
| Payout ratio | 31.00% | — |
Growth (annualized)
| Metric | CDW | ONTO |
|---|---|---|
| Revenue CAGR (5Y) | 3.90% | 11.93%● |
| EPS CAGR (5Y) | 8.01% | 34.40%● |
| FCF CAGR (5Y) | -3.45% | 11.03%● |
| Total return CAGR (5Y) | -3.68% | 35.03%● |
Frequently asked
- Which is better, CDW or ONTO?
- It depends on your goal. value: CDW (lower P/E); growth: ONTO (faster 5Y revenue CAGR); quality: CDW (higher ROIC). Across all compared metrics, ONTO leads 8 to 7.
- Is CDW or ONTO cheaper?
- On trailing earnings, CDW is cheaper: CDW trades at a 16.22 P/E and ONTO at 151.36.
- Which has grown faster, CDW or ONTO?
- Over the past five years, ONTO grew revenue faster — CDW at a 3.90% CAGR versus ONTO at 11.93%.
- Does CDW or ONTO pay a bigger dividend?
- CDW pays a dividend (1.89% yield) while ONTO does not currently pay one.
- Is CDW or ONTO more profitable?
- ONTO runs the higher net margin — CDW at 4.70% versus ONTO at 10.33%.
- Which has been the better investment, CDW or ONTO?
- Over the past 10-year, ONTO delivered the higher annualized total return — CDW at 14.27% versus ONTO at 31.97%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
CDW P/E ratioOnto Innovation P/E ratioCDW dividend yieldOnto Innovation dividend yieldCDW ROEOnto Innovation ROECDW operating marginOnto Innovation operating marginCDW revenue growthOnto Innovation revenue growthCDW free cash flowOnto Innovation free cash flow
CDW & Onto Innovation appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 29, 2026.