Is LDOS or ONTO cheaper?

On trailing earnings, LDOS is cheaper: LDOS trades at a 9.81 P/E and ONTO at 155.96.

Which has grown faster, LDOS or ONTO?

Over the past five years, ONTO grew revenue faster — LDOS at a 6.37% CAGR versus ONTO at 11.93%.

Does LDOS or ONTO pay a bigger dividend?

LDOS pays a dividend (1.58% yield) while ONTO does not currently pay one.

Is LDOS or ONTO more profitable?

ONTO runs the higher net margin — LDOS at 8.20% versus ONTO at 10.33%.

Which has been the better investment, LDOS or ONTO?

Over the past 10-year, ONTO delivered the higher annualized total return — LDOS at 10.36% versus ONTO at 33.40%. Past performance doesn't predict future results.

Leidos Holdings, Inc. (LDOS) vs Onto Innovation Inc. (ONTO)

LDOS leads on 10 of 15 compared metrics.

A side-by-side comparison of Leidos Holdings, Inc. and Onto Innovation Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

LDOS

Leidos Holdings, Inc.

Total return — LDOS vs ONTO

growth of $100 · last 20y

LDOS +114.5%ONTO +3443.1%ONTO compounded faster

Log scale — wide-divergence pair

LDOS ONTO

LDOS vs ONTO: by the numbers

•ONTO is the larger company ($16.60B vs $13.47B market cap).
•LDOS trades at the lower earnings multiple (9.81 vs 155.96 P/E).
•ONTO converts more revenue to profit (10.33% vs 8.20% net margin).
•ONTO grew revenue faster over the past five years (11.93% vs 6.37% CAGR).
•LDOS pays a dividend (1.58% yield) while ONTO does not currently pay one.

Which is better, LDOS or ONTO?

Metric tally: LDOS 10 · ONTO 5

It depends on what you're optimizing for:

ValueLDOS(lower P/E)

GrowthONTO(faster 5Y revenue CAGR)

QualityLDOS(higher ROIC)

Metrics side by side

Valuation

Metric	LDOS	ONTO
P/E ratio	9.81●	155.96
Forward P/E	9.05	—
P/S ratio	0.79●	16.19
P/B ratio	2.74●	7.83
PEG ratio	0.84●	4.53
EV / EBITDA	8.37●	79.04
FCF yield	13.55%●	1.43%

Profitability

Metric	LDOS	ONTO
Gross margin	17.53%	48.80%●
Operating margin	12.03%●	10.53%
Net margin	8.20%	10.33%●
ROE	28.35%●	4.99%
ROIC	15.00%●	5.18%

Dividends

Metric	LDOS	ONTO
Dividend yield	1.58%	—
Payout ratio	15.06%	—

Growth (annualized)

Metric	LDOS	ONTO
Revenue CAGR (5Y)	6.37%	11.93%●
EPS CAGR (5Y)	20.47%	34.40%●
FCF CAGR (5Y)	12.40%●	11.03%
Total return CAGR (5Y)	2.02%	37.24%●

Frequently asked

Which is better, LDOS or ONTO?: It depends on your goal. value: LDOS (lower P/E); growth: ONTO (faster 5Y revenue CAGR); quality: LDOS (higher ROIC). Across all compared metrics, LDOS leads 10 to 5.
Is LDOS or ONTO cheaper?: On trailing earnings, LDOS is cheaper: LDOS trades at a 9.81 P/E and ONTO at 155.96.
Which has grown faster, LDOS or ONTO?: Over the past five years, ONTO grew revenue faster — LDOS at a 6.37% CAGR versus ONTO at 11.93%.
Does LDOS or ONTO pay a bigger dividend?: LDOS pays a dividend (1.58% yield) while ONTO does not currently pay one.
Is LDOS or ONTO more profitable?: ONTO runs the higher net margin — LDOS at 8.20% versus ONTO at 10.33%.
Which has been the better investment, LDOS or ONTO?: Over the past 10-year, ONTO delivered the higher annualized total return — LDOS at 10.36% versus ONTO at 33.40%. Past performance doesn't predict future results.

Go deeper

Full LDOS analysis Full ONTO analysis Interactive comparison tool

Dig into the metrics

Leidos P/E ratio Onto Innovation P/E ratio Leidos dividend yield Onto Innovation dividend yield Leidos ROE Onto Innovation ROE Leidos operating margin Onto Innovation operating margin Leidos revenue growth Onto Innovation revenue growth Leidos free cash flow Onto Innovation free cash flow

Leidos & Onto Innovation appear in these rankings

Highest ROE Stocks Highest FCF Yield Stocks Best 10-Year Total Return Stocks Lowest P/E Ratio Stocks

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 20, 2026.