Manhattan Associates, Inc. (MANH) vs Onto Innovation Inc. (ONTO)
A side-by-side comparison of Manhattan Associates, Inc. and Onto Innovation Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 28, 2026. Differences are shown without an overall score or investment verdict.
MANH
Manhattan Associates, Inc.
$223.28TechnologyDelayed quote: Aug 28, 2026, 4:00 PM EDT
ONTO
Onto Innovation Inc.
$270.79TechnologyDelayed quote: Aug 28, 2026, 4:00 PM EDT
Total return — MANH vs ONTO
growth of $100 · dividends reinvested · last 10yMANH +246.2% (+13.2%/yr)ONTO +1292.1% (+30.1%/yr)ONTO compounded faster over this window
MANH ONTO
MANH vs ONTO: by the numbers
- •ONTO is the larger company ($13.47B vs $13.02B market cap).
- •MANH trades at the lower trailing earnings multiple (63.98 vs 110.01 P/E), one valuation lens rather than an overall verdict.
- •MANH converts more revenue to profit (18.67% vs 11.84% net margin).
- •MANH grew revenue faster over the past five years (12.69% vs 11.67% CAGR).
Metrics side by side
Valuation
| Metric | MANH | ONTO |
|---|---|---|
| P/E ratio | 63.98 | 110.01 |
| Forward P/E | 40.62 | 58.89 |
| P/S ratio | 11.80 | 12.98 |
| P/B ratio | 84.37 | 7.56 |
| EV / EBITDA | 46.88 | 59.88 |
| FCF yield | 3.00% | 1.74% |
Profitability
| Metric | MANH | ONTO |
|---|---|---|
| Gross margin | 54.65% | 50.36% |
| Operating margin | 24.33% | 12.48% |
| Net margin | 18.67% | 11.84% |
| ROE | 133.48% | 6.90% |
| ROIC | 90.92% | 3.42% |
Growth (annualized)
| Metric | MANH | ONTO |
|---|---|---|
| Revenue CAGR (5Y) | 12.69% | 11.67% |
| EPS CAGR (5Y) | 21.59% | -0.96% |
| FCF CAGR (5Y) | 19.51% | 15.11% |
| Total return CAGR (5Y) | 6.15% | 31.00% |
Frequently asked
- Which has the lower trailing P/E, MANH or ONTO?
- MANH has the lower trailing P/E: MANH trades at 63.98 and ONTO at 110.01. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, MANH or ONTO?
- Over the past five years, MANH grew revenue faster — MANH at a 12.69% CAGR versus ONTO at 11.67%.
- Is MANH or ONTO more profitable?
- MANH runs the higher net margin — MANH at 18.67% versus ONTO at 11.84%.
- How have MANH and ONTO total returns compared?
- Over the past 10 years, MANH delivered 14.09% and ONTO delivered 30.20% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Manhattan Associates P/E ratioOnto Innovation P/E ratioManhattan Associates ROEOnto Innovation ROEManhattan Associates operating marginOnto Innovation operating marginManhattan Associates revenue growthOnto Innovation revenue growthManhattan Associates free cash flowOnto Innovation free cash flow
Manhattan Associates & Onto Innovation 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 28, 2026.