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

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — LDOS vs ONTO

growth of $100 · dividends reinvested · last 10y
LDOS +265.5% (+13.8%/yr)ONTO +1240.6% (+29.6%/yr)ONTO compounded faster over this window
05001k2kStart $10020182020202220242026$365$1,341
LDOS ONTO

LDOS vs ONTO: by the numbers

  • •LDOS is the larger company ($15.39B vs $14.36B market cap).
  • •LDOS trades at the lower trailing earnings multiple (11.41 vs 108.55 P/E), one valuation lens rather than an overall verdict.
  • •ONTO converts more revenue to profit (11.84% vs 7.86% net margin).
  • •ONTO grew revenue faster over the past five years (11.67% vs 5.87% CAGR).
  • •LDOS pays a dividend (1.31% yield), while ONTO has no payments in the available dividend history.

Metrics side by side

Valuation

MetricLDOSONTO
P/E ratio11.41108.55
Forward P/E9.8835.58
P/S ratio0.8712.82
P/B ratio2.917.47
EV / EBITDA9.1059.17
FCF yield14.05%1.76%

Profitability

MetricLDOSONTO
Gross margin17.42%50.36%
Operating margin11.46%12.48%
Net margin7.86%11.84%
ROE26.23%6.90%
ROIC14.42%3.42%

Dividends

MetricLDOSONTO
Dividend yield1.31%N/A
Payout ratio15.76%N/A

Growth (annualized)

MetricLDOSONTO
Revenue CAGR (5Y)5.87%11.67%
EPS CAGR (5Y)20.47%-0.96%
FCF CAGR (5Y)26.94%15.11%
Total return CAGR (5Y)7.17%29.60%

Frequently asked

Which has the lower trailing P/E, LDOS or ONTO?
LDOS has the lower trailing P/E: LDOS trades at 11.41 and ONTO at 108.55. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, LDOS or ONTO?
Over the past five years, ONTO grew revenue faster — LDOS at a 5.87% CAGR versus ONTO at 11.67%.
Does LDOS or ONTO pay a bigger dividend?
LDOS pays a dividend (1.31% yield), while ONTO has no payments in the available dividend history.
Is LDOS or ONTO more profitable?
ONTO runs the higher net margin — LDOS at 7.86% versus ONTO at 11.84%.
How have LDOS and ONTO total returns compared?
Over the past 10 years, LDOS delivered 13.79% and ONTO delivered 29.94% 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 September 13, 2026.