Which has the lower trailing P/E, ONTO or TYL?

TYL has the lower trailing P/E: ONTO trades at 112.35 and TYL at 46.17. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ONTO or TYL?

Over the past five years, TYL grew revenue faster — ONTO at a 11.67% CAGR versus TYL at 13.89%.

Is ONTO or TYL more profitable?

TYL runs the higher net margin — ONTO at 11.84% versus TYL at 13.36%.

How have ONTO and TYL total returns compared?

Over the past 10 years, ONTO delivered 30.28% and TYL delivered 7.79% annualized total return. Past performance doesn't predict future results.

Onto Innovation Inc. (ONTO) vs Tyler Technologies, Inc. (TYL)

A side-by-side comparison of Onto Innovation Inc. and Tyler Technologies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 21, 2026. Differences are shown without an overall score or investment verdict.

ONTO

Onto Innovation Inc.

$14.59B

$293.35TechnologyDelayed quote: Aug 21, 2026, 3:55 PM EDT

TYL

Tyler Technologies, Inc.

$14.34B

$350.08TechnologyDelayed quote: Aug 21, 2026, 3:55 PM EDT

Total return — ONTO vs TYL

growth of $100 · dividends reinvested · last 10y

ONTO +1330.5% (+30.5%/yr)TYL +109.8% (+7.7%/yr)ONTO compounded faster over this window

Log scale — wide-divergence pair

ONTO TYL

ONTO vs TYL: by the numbers

•ONTO is the larger company ($14.59B vs $14.34B market cap).
•TYL trades at the lower trailing earnings multiple (46.17 vs 112.35 P/E), one valuation lens rather than an overall verdict.
•TYL converts more revenue to profit (13.36% vs 11.84% net margin).
•TYL grew revenue faster over the past five years (13.89% vs 11.67% CAGR).

Metrics side by side

Valuation

Metric	ONTO	TYL
P/E ratio	112.35	46.17
Forward P/E	60.14	26.61
P/S ratio	13.25	6.00
P/B ratio	7.72	4.80
EV / EBITDA	61.13	30.31
FCF yield	1.70%	4.90%

Profitability

Metric	ONTO	TYL
Gross margin	50.36%	46.62%
Operating margin	12.48%	15.14%
Net margin	11.84%	13.36%
ROE	6.90%	10.69%
ROIC	3.42%	6.13%

Growth (annualized)

Metric	ONTO	TYL
Revenue CAGR (5Y)	11.67%	13.89%
EPS CAGR (5Y)	-0.96%	8.49%
FCF CAGR (5Y)	15.11%	20.84%
Total return CAGR (5Y)	35.35%	-5.93%

Frequently asked

Which has the lower trailing P/E, ONTO or TYL?: TYL has the lower trailing P/E: ONTO trades at 112.35 and TYL at 46.17. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ONTO or TYL?: Over the past five years, TYL grew revenue faster — ONTO at a 11.67% CAGR versus TYL at 13.89%.
Is ONTO or TYL more profitable?: TYL runs the higher net margin — ONTO at 11.84% versus TYL at 13.36%.
How have ONTO and TYL total returns compared?: Over the past 10 years, ONTO delivered 30.28% and TYL delivered 7.79% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ONTO analysis Full TYL analysis Interactive comparison tool

Dig into the metrics

Onto Innovation P/E ratio Tyler Technologies P/E ratio Onto Innovation ROE Tyler Technologies ROE Onto Innovation operating margin Tyler Technologies operating margin Onto Innovation revenue growth Tyler Technologies revenue growth Onto Innovation free cash flow Tyler Technologies free cash flow

Onto Innovation & Tyler Technologies appear in these rankings

Highest FCF Yield Stocks Highest 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 August 21, 2026.