DocuSign, Inc. (DOCU) vs Onto Innovation Inc. (ONTO)
A side-by-side comparison of DocuSign, Inc. and Onto Innovation Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
DOCU
DocuSign, Inc.
$70.90TechnologyDelayed quote: Sep 16, 2026, 1:10 PM EDT
ONTO
Onto Innovation Inc.
$247.98TechnologyDelayed quote: Sep 16, 2026, 1:09 PM EDT
Total return — DOCU vs ONTO
growth of $100 · dividends reinvested · last 8yDOCU +65.2% (+6.5%/yr)ONTO +1019.2% (+35.2%/yr)ONTO compounded faster over this window
Log scale — wide-divergence pair
DOCU ONTO
DOCU vs ONTO: by the numbers
- •DOCU is the larger company ($13.54B vs $12.34B market cap).
- •DOCU trades at the lower trailing earnings multiple (43.23 vs 93.23 P/E), one valuation lens rather than an overall verdict.
- •ONTO converts more revenue to profit (11.84% vs 9.82% net margin).
- •DOCU grew revenue faster over the past five years (13.37% vs 11.67% CAGR).
Metrics side by side
Valuation
| Metric | DOCU | ONTO |
|---|---|---|
| P/E ratio | 43.23 | 93.23 |
| Forward P/E | 15.36 | 30.56 |
| P/S ratio | 4.03 | 11.01 |
| P/B ratio | 7.88 | 6.42 |
| EV / EBITDA | 22.24 | 50.94 |
| FCF yield | 8.85% | 2.05% |
Profitability
| Metric | DOCU | ONTO |
|---|---|---|
| Gross margin | 79.49% | 50.36% |
| Operating margin | 11.96% | 12.48% |
| Net margin | 9.82% | 11.84% |
| ROE | 19.20% | 6.90% |
| ROIC | 15.17% | 3.42% |
Growth (annualized)
| Metric | DOCU | ONTO |
|---|---|---|
| Revenue CAGR (5Y) | 13.37% | 11.67% |
| EPS CAGR (5Y) | N/A | -0.96% |
| FCF CAGR (5Y) | 26.72% | 15.11% |
| Total return CAGR (5Y) | -25.02% | 29.60% |
Frequently asked
- Which has the lower trailing P/E, DOCU or ONTO?
- DOCU has the lower trailing P/E: DOCU trades at 43.23 and ONTO at 93.23. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, DOCU or ONTO?
- Over the past five years, DOCU grew revenue faster — DOCU at a 13.37% CAGR versus ONTO at 11.67%.
- Is DOCU or ONTO more profitable?
- ONTO runs the higher net margin — DOCU at 9.82% versus ONTO at 11.84%.
- How have DOCU and ONTO total returns compared?
- Over the past 5 years, DOCU delivered -25.02% and ONTO delivered 29.60% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
DocuSign P/E ratioOnto Innovation P/E ratioDocuSign ROEOnto Innovation ROEDocuSign operating marginOnto Innovation operating marginDocuSign revenue growthOnto Innovation revenue growthDocuSign free cash flowOnto Innovation free cash flow
DocuSign & 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 September 13, 2026.