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).

Compare

Total return — CDW vs ONTO

growth of $100 · last 13y
CDW +625.6%ONTO +2079.8%ONTO compounded faster
05001k2k2kStart $1002016201920222025$726$2,180
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 8

It depends on what you're optimizing for:

ValueCDW(lower P/E)
GrowthONTO(faster 5Y revenue CAGR)
QualityCDW(higher ROIC)

Metrics side by side

Valuation

MetricCDWONTO
P/E ratio16.22151.36
Forward P/E12.41
P/S ratio0.7515.72
P/B ratio6.767.60
PEG ratio19.294.40
EV / EBITDA11.6084.62
FCF yield6.23%1.47%

Profitability

MetricCDWONTO
Gross margin21.57%48.80%
Operating margin7.30%10.53%
Net margin4.70%10.33%
ROE42.15%4.99%
ROIC12.13%5.18%

Dividends

MetricCDWONTO
Dividend yield1.89%
Payout ratio31.00%

Growth (annualized)

MetricCDWONTO
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.

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.