Is OKTA or ONTO cheaper?

On trailing earnings, OKTA is cheaper: OKTA trades at a 85.37 P/E and ONTO at 155.96.

Which has grown faster, OKTA or ONTO?

Over the past five years, OKTA grew revenue faster — OKTA at a 27.10% CAGR versus ONTO at 11.93%.

Is OKTA or ONTO more profitable?

ONTO runs the higher net margin — OKTA at 8.24% versus ONTO at 10.33%.

Which has been the better investment, OKTA or ONTO?

Over the past 5-year, ONTO delivered the higher annualized total return — OKTA at -13.21% versus ONTO at 33.40%. Past performance doesn't predict future results.

Okta, Inc. (OKTA) vs Onto Innovation Inc. (ONTO)

OKTA leads on 9 of 14 compared metrics.

A side-by-side comparison of Okta, Inc. and Onto Innovation Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — OKTA vs ONTO

growth of $100 · last 9y

OKTA +401.1%ONTO +1034.1%ONTO compounded faster

OKTA ONTO

OKTA vs ONTO: by the numbers

•OKTA is the larger company ($19.57B vs $16.60B market cap).
•OKTA trades at the lower earnings multiple (85.37 vs 155.96 P/E).
•ONTO converts more revenue to profit (10.33% vs 8.24% net margin).
•OKTA grew revenue faster over the past five years (27.10% vs 11.93% CAGR).

Which is better, OKTA or ONTO?

Metric tally: OKTA 9 · ONTO 5

It depends on what you're optimizing for:

ValueOKTA(lower P/E)

GrowthOKTA(faster 5Y revenue CAGR)

QualityONTO(higher ROIC)

Metrics side by side

Valuation

Metric	OKTA	ONTO
P/E ratio	85.37●	155.96
Forward P/E	27.67	—
P/S ratio	6.99●	16.19
P/B ratio	3.03●	7.83
PEG ratio	0.09●	4.53
EV / EBITDA	57.18●	79.04
FCF yield	4.30%●	1.43%

Profitability

Metric	OKTA	ONTO
Gross margin	77.44%●	48.80%
Operating margin	5.67%	10.53%●
Net margin	8.24%	10.33%●
ROE	3.58%	4.99%●
ROIC	1.88%	5.18%●

Growth (annualized)

Metric	OKTA	ONTO
Revenue CAGR (5Y)	27.10%●	11.93%
EPS CAGR (5Y)	—	34.40%
FCF CAGR (5Y)	46.51%●	11.03%
Total return CAGR (5Y)	-13.21%	37.24%●

Frequently asked

Which is better, OKTA or ONTO?: It depends on your goal. value: OKTA (lower P/E); growth: OKTA (faster 5Y revenue CAGR); quality: ONTO (higher ROIC). Across all compared metrics, OKTA leads 9 to 5.
Is OKTA or ONTO cheaper?: On trailing earnings, OKTA is cheaper: OKTA trades at a 85.37 P/E and ONTO at 155.96.
Which has grown faster, OKTA or ONTO?: Over the past five years, OKTA grew revenue faster — OKTA at a 27.10% CAGR versus ONTO at 11.93%.
Is OKTA or ONTO more profitable?: ONTO runs the higher net margin — OKTA at 8.24% versus ONTO at 10.33%.
Which has been the better investment, OKTA or ONTO?: Over the past 5-year, ONTO delivered the higher annualized total return — OKTA at -13.21% versus ONTO at 33.40%. Past performance doesn't predict future results.

Go deeper

Full OKTA analysis Full ONTO analysis Interactive comparison tool

Dig into the metrics

Okta P/E ratio Onto Innovation P/E ratio Okta dividend yield Onto Innovation dividend yield Okta ROE Onto Innovation ROE Okta operating margin Onto Innovation operating margin Okta revenue growth Onto Innovation revenue growth Okta free cash flow Onto Innovation free cash flow

Okta & Onto Innovation appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield 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 20, 2026.