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.

Compare

Total returnLITE vs MPWR

growth of $100 · dividends reinvested · last 11y
LITE +5136.3%MPWR +3040.0%LITE compounded faster
02k4k6kStart $10020172019202120232025$5,236$3,140
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

MetricLITEMPWR
P/E ratio164.8585.88
Forward P/E108.2351.62
P/S ratio34.4121.09
P/B ratio28.8017.72
PEG ratioN/A3.02
EV / EBITDA170.6870.54
FCF yield0.32%0.91%

Profitability

MetricLITEMPWR
Gross margin27.96%55.20%
Operating margin-11.68%28.72%
Net margin17.68%24.41%
ROE14.79%20.51%
ROIC0.75%15.30%

Dividends

MetricLITEMPWR
Dividend yieldN/A0.51%
Payout ratioN/A55.54%

Growth (annualized)

MetricLITEMPWR
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.

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.