Lumentum Holdings Inc. (LITE) vs Monolithic Power Systems, Inc. (MPWR)
A side-by-side comparison of Lumentum Holdings Inc. and Monolithic Power Systems, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 8, 2026. Differences are shown without an overall score or investment verdict.
LITE
Lumentum Holdings Inc.
$890.17TechnologyAt close: Aug 7, 2026, 4:00 PM ET
MPWR
Monolithic Power Systems, Inc.
$1,401.54TechnologyAt close: Aug 7, 2026, 4:00 PM ET
Total return — LITE vs MPWR
growth of $100 · dividends reinvested · last 11yLITE +5136.3%MPWR +3040.0%LITE compounded faster
LITE MPWR
LITE vs MPWR: by the numbers
- •LITE is the larger company ($69.26B vs $68.86B market cap).
- •MPWR trades at the lower trailing earnings multiple (85.88 vs 164.85 P/E), one valuation lens rather than an overall verdict.
- •MPWR converts more revenue to profit (24.41% vs 17.68% net margin).
- •MPWR grew revenue faster over the past five years (25.77% vs -1.01% CAGR).
- •MPWR pays a dividend (0.51% yield), while LITE has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | LITE | MPWR |
|---|---|---|
| P/E ratio | 164.85 | 85.88 |
| Forward P/E | 108.23 | 51.62 |
| P/S ratio | 34.41 | 21.09 |
| P/B ratio | 28.80 | 17.72 |
| PEG ratio | N/A | 3.02 |
| EV / EBITDA | 170.68 | 70.54 |
| FCF yield | 0.32% | 0.91% |
Profitability
| Metric | LITE | MPWR |
|---|---|---|
| Gross margin | 27.96% | 55.20% |
| Operating margin | -11.68% | 28.72% |
| Net margin | 17.68% | 24.41% |
| ROE | 14.79% | 20.51% |
| ROIC | 0.75% | 15.30% |
Dividends
| Metric | LITE | MPWR |
|---|---|---|
| Dividend yield | N/A | 0.51% |
| Payout ratio | N/A | 55.54% |
Growth (annualized)
| Metric | LITE | MPWR |
|---|---|---|
| Revenue CAGR (5Y) | -1.01% | 25.77% |
| EPS CAGR (5Y) | -26.64% | 28.43% |
| FCF CAGR (5Y) | -7.72% | 22.36% |
| Total return CAGR (5Y) | 61.37% | 25.75% |
Frequently asked
- Which has the lower trailing P/E, LITE or MPWR?
- MPWR has the lower trailing P/E: LITE trades at 164.85 and MPWR at 85.88. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, LITE or MPWR?
- Over the past five years, MPWR grew revenue faster — LITE at a -1.01% CAGR versus MPWR at 25.77%.
- Does LITE or MPWR pay a bigger dividend?
- MPWR pays a dividend (0.51% yield), while LITE has no payments in the available dividend history.
- Is LITE or MPWR more profitable?
- MPWR runs the higher net margin — LITE at 17.68% versus MPWR at 24.41%.
- How have LITE and MPWR total returns compared?
- Over the past 10 years, LITE delivered 39.73% and MPWR delivered 35.46% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Lumentum P/E ratioMonolithic Power Systems P/E ratioLumentum dividend yieldMonolithic Power Systems dividend yieldLumentum ROEMonolithic Power Systems ROELumentum operating marginMonolithic Power Systems operating marginLumentum revenue growthMonolithic Power Systems revenue growthLumentum free cash flowMonolithic Power Systems free cash flow
Lumentum & Monolithic Power Systems 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 August 8, 2026.