Is LITE or MPWR cheaper?

On trailing earnings, MPWR is cheaper: LITE trades at a 153.22 P/E and MPWR at 102.65.

Which has grown faster, LITE or MPWR?

Over the past five years, MPWR grew revenue faster — LITE at a 7.50% CAGR versus MPWR at 25.95%.

Does LITE or MPWR pay a bigger dividend?

MPWR pays a dividend (0.47% yield) while LITE does not currently pay one.

Is LITE or MPWR more profitable?

MPWR runs the higher net margin — LITE at 17.68% versus MPWR at 22.84%.

Which has been the better investment, LITE or MPWR?

Over the past 10-year, LITE delivered the higher annualized total return — LITE at 41.80% versus MPWR at 36.31%. Past performance doesn't predict future results.

Lumentum Holdings Inc. (LITE) vs Monolithic Power Systems, Inc. (MPWR)

MPWR leads on 14 of 15 compared metrics.

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 June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

LITE

Lumentum Holdings Inc.

$64.41B

$827.92Technology

MPWR

Monolithic Power Systems, Inc.

$69.95B

$1423.76Technology

Total return — LITE vs MPWR

growth of $100 · last 11y

LITE +4770.1%MPWR +2908.2%LITE compounded faster

LITE MPWR

LITE vs MPWR: by the numbers

•MPWR is the larger company ($69.95B vs $64.41B market cap).
•MPWR trades at the lower earnings multiple (102.65 vs 153.22 P/E).
•MPWR converts more revenue to profit (22.84% vs 17.68% net margin).
•MPWR grew revenue faster over the past five years (25.95% vs 7.50% CAGR).
•MPWR pays a dividend (0.47% yield) while LITE does not currently pay one.

Which is better, LITE or MPWR?

Metric tally: LITE 1 · MPWR 14

It depends on what you're optimizing for:

ValueMPWR(lower P/E)

GrowthMPWR(faster 5Y revenue CAGR)

QualityMPWR(higher ROIC)

Metrics side by side

Valuation

Metric	LITE	MPWR
P/E ratio	153.22	102.65●
Forward P/E	100.96	47.20●
P/S ratio	32.01	23.71●
P/B ratio	26.79	19.06●
PEG ratio	—	3.61
EV / EBITDA	145.49	77.13●
FCF yield	0.34%	0.90%●

Profitability

Metric	LITE	MPWR
Gross margin	37.71%	55.18%●
Operating margin	9.53%	27.09%●
Net margin	17.68%	22.84%●
ROE	14.79%	18.37%●
ROIC	0.70%	15.30%●

Dividends

Metric	LITE	MPWR
Dividend yield	—	0.47%
Payout ratio	—	52.11%

Growth (annualized)

Metric	LITE	MPWR
Revenue CAGR (5Y)	7.50%	25.95%●
EPS CAGR (5Y)	-26.64%	28.43%●
FCF CAGR (5Y)	-7.72%	22.36%●
Total return CAGR (5Y)	59.21%●	33.36%

Frequently asked

Which is better, LITE or MPWR?: It depends on your goal. value: MPWR (lower P/E); growth: MPWR (faster 5Y revenue CAGR); quality: MPWR (higher ROIC). Across all compared metrics, MPWR leads 14 to 1.
Is LITE or MPWR cheaper?: On trailing earnings, MPWR is cheaper: LITE trades at a 153.22 P/E and MPWR at 102.65.
Which has grown faster, LITE or MPWR?: Over the past five years, MPWR grew revenue faster — LITE at a 7.50% CAGR versus MPWR at 25.95%.
Does LITE or MPWR pay a bigger dividend?: MPWR pays a dividend (0.47% yield) while LITE does not currently pay one.
Is LITE or MPWR more profitable?: MPWR runs the higher net margin — LITE at 17.68% versus MPWR at 22.84%.
Which has been the better investment, LITE or MPWR?: Over the past 10-year, LITE delivered the higher annualized total return — LITE at 41.80% versus MPWR at 36.31%. Past performance doesn't predict future results.

Go deeper

Full LITE analysis Full MPWR analysis Interactive comparison tool

Dig into the metrics

Lumentum P/E ratio Monolithic Power Systems P/E ratio Lumentum dividend yield Monolithic Power Systems dividend yield Lumentum ROE Monolithic Power Systems ROE Lumentum operating margin Monolithic Power Systems operating margin Lumentum revenue growth Monolithic Power Systems revenue growth Lumentum free cash flow Monolithic Power Systems free cash flow

Lumentum & Monolithic Power Systems appear in these rankings

Fastest Revenue Growth Stocks Best 10-Year Total Return 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 24, 2026.