Fortive Corporation (FTV) vs Onto Innovation Inc. (ONTO)
A side-by-side comparison of Fortive Corporation and Onto Innovation Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 4, 2026. Differences are shown without an overall score or investment verdict.
FTV
Fortive Corporation
$57.47TechnologyDelayed quote: Oct 2, 2026, 4:02 PM EDT
ONTO
Onto Innovation Inc.
$327.77TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT
Total return — FTV vs ONTO
growth of $100 · dividends reinvested · last 10yFTV +84.8% (+6.3%/yr)ONTO +1369.2% (+30.8%/yr)ONTO compounded faster over this window
Log scale — wide-divergence pair
FTV ONTO
FTV vs ONTO: by the numbers
- •FTV is the larger company ($17.36B vs $16.30B market cap).
- •FTV trades at the lower trailing earnings multiple (33.81 vs 123.22 P/E), one valuation lens rather than an overall verdict.
- •FTV converts more revenue to profit (12.38% vs 11.84% net margin).
- •ONTO grew revenue faster over the past five years (11.67% vs 2.10% CAGR).
- •FTV pays a dividend (0.44% yield), while ONTO has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | FTV | ONTO |
|---|---|---|
| P/E ratio | 33.81 | 123.22 |
| Forward P/E | 19.07 | 40.39 |
| P/S ratio | 4.02 | 14.56 |
| P/B ratio | 2.86 | 8.48 |
| EV / EBITDA | 17.39 | 67.05 |
| FCF yield | 5.50% | 1.55% |
Profitability
| Metric | FTV | ONTO |
|---|---|---|
| Gross margin | 63.23% | 50.36% |
| Operating margin | 18.23% | 12.48% |
| Net margin | 12.38% | 11.84% |
| ROE | 8.82% | 6.90% |
| ROIC | 6.83% | 3.42% |
Dividends
| Metric | FTV | ONTO |
|---|---|---|
| Dividend yield | 0.44% | N/A |
| Payout ratio | 14.71% | N/A |
Growth (annualized)
| Metric | FTV | ONTO |
|---|---|---|
| Revenue CAGR (5Y) | 2.10% | 11.67% |
| EPS CAGR (5Y) | -17.51% | -0.96% |
| FCF CAGR (5Y) | -6.39% | 15.11% |
| Total return CAGR (5Y) | 1.87% | 35.00% |
Frequently asked
- Which has the lower trailing P/E, FTV or ONTO?
- FTV has the lower trailing P/E: FTV trades at 33.81 and ONTO at 123.22. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, FTV or ONTO?
- Over the past five years, ONTO grew revenue faster — FTV at a 2.10% CAGR versus ONTO at 11.67%.
- Does FTV or ONTO pay a bigger dividend?
- FTV pays a dividend (0.44% yield), while ONTO has no payments in the available dividend history.
- Is FTV or ONTO more profitable?
- FTV runs the higher net margin — FTV at 12.38% versus ONTO at 11.84%.
- How have FTV and ONTO total returns compared?
- Over the past 10 years, FTV delivered 6.43% and ONTO delivered 30.80% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Fortive P/E ratioOnto Innovation P/E ratioFortive dividend yieldFortive ROEOnto Innovation ROEFortive operating marginOnto Innovation operating marginFortive revenue growthOnto Innovation revenue growthFortive free cash flowOnto Innovation free cash flow
Fortive & 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 October 4, 2026.