Dynatrace, Inc. (DT) vs Onto Innovation Inc. (ONTO)

DT leads on 11 of 16 compared metrics.

A side-by-side comparison of Dynatrace, Inc. and Onto Innovation Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 7, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — DT vs ONTO

growth of $100 · last 7y
DT +90.4%ONTO +809.3%ONTO compounded faster
05001kStart $100202120232025$190$909
DT ONTO

DT vs ONTO: by the numbers

  • ONTO is the larger company ($13.87B vs $13.35B market cap).
  • DT trades at the lower earnings multiple (84.56 vs 141.99 P/E).
  • ONTO converts more revenue to profit (10.33% vs 8.06% net margin).
  • DT grew revenue faster over the past five years (23.47% vs 11.93% CAGR).

Which is better, DT or ONTO?

Metric tally: DT 11 · ONTO 5

It depends on what you're optimizing for:

ValueDT(lower P/E)
GrowthDT(faster 5Y revenue CAGR)
QualityONTO(higher ROIC)

Metrics side by side

Valuation

MetricDTONTO
P/E ratio84.56141.99
Forward P/E27.0461.15
P/S ratio6.7414.74
P/B ratio5.217.13
PEG ratio5.694.13
EV / EBITDA44.0179.29
FCF yield3.87%1.57%

Profitability

MetricDTONTO
Gross margin81.56%48.80%
Operating margin13.08%10.53%
Net margin8.06%10.33%
ROE6.23%4.99%
ROIC4.99%5.18%

Growth (annualized)

MetricDTONTO
Revenue CAGR (5Y)23.47%11.93%
EPS CAGR (5Y)14.87%34.40%
FCF CAGR (5Y)20.62%11.03%
Total return CAGR (5Y)-6.13%32.50%

Frequently asked

Which is better, DT or ONTO?
It depends on your goal. value: DT (lower P/E); growth: DT (faster 5Y revenue CAGR); quality: ONTO (higher ROIC). Across all compared metrics, DT leads 11 to 5.
Is DT or ONTO cheaper?
On trailing earnings, DT is cheaper: DT trades at a 84.56 P/E and ONTO at 141.99.
Which has grown faster, DT or ONTO?
Over the past five years, DT grew revenue faster — DT at a 23.47% CAGR versus ONTO at 11.93%.
Is DT or ONTO more profitable?
ONTO runs the higher net margin — DT at 8.06% versus ONTO at 10.33%.
Which has been the better investment, DT or ONTO?
Over the past 5-year, ONTO delivered the higher annualized total return — DT at -6.13% versus ONTO at 30.06%. 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 7, 2026.