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 July 29, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnDOCU vs ONTO

growth of $100 · dividends reinvested · last 8y
DOCU +40.9%ONTO +849.3%ONTO compounded faster
Log scale — wide-divergence pair
101001k10kStart $1002020202220242026$141$949
DOCU ONTO

DOCU vs ONTO: by the numbers

  • DOCU is the larger company ($11.24B vs $11.08B market cap).
  • DOCU trades at the lower trailing earnings multiple (36.34 vs 113.03 P/E), one valuation lens rather than an overall verdict.
  • ONTO converts more revenue to profit (10.33% vs 9.59% net margin).
  • DOCU grew revenue faster over the past five years (15.12% vs 11.93% CAGR).

Metrics side by side

Valuation

MetricDOCUONTO
P/E ratio36.34113.03
Forward P/E14.7848.68
P/S ratio3.3511.74
P/B ratio6.045.67
EV / EBITDA17.5962.85
FCF yield10.18%1.97%

Profitability

MetricDOCUONTO
Gross margin79.40%48.80%
Operating margin10.64%10.53%
Net margin9.59%10.33%
ROE17.32%4.99%
ROIC12.04%5.18%

Growth (annualized)

MetricDOCUONTO
Revenue CAGR (5Y)15.12%11.93%
EPS CAGR (5Y)N/A-0.96%
FCF CAGR (5Y)29.74%11.03%
Total return CAGR (5Y)-28.75%29.26%

Frequently asked

Which has the lower trailing P/E, DOCU or ONTO?
DOCU has the lower trailing P/E: DOCU trades at 36.34 and ONTO at 113.03. 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 15.12% CAGR versus ONTO at 11.93%.
Is DOCU or ONTO more profitable?
ONTO runs the higher net margin — DOCU at 9.59% versus ONTO at 10.33%.
How have DOCU and ONTO total returns compared?
Over the past 5 years, DOCU delivered -28.75% and ONTO delivered 27.98% annualized total return. 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 July 29, 2026.