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

TYL leads on 13 of 16 compared metrics.

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 July 7, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — ONTO vs TYL

growth of $100 · last 30y
ONTO +4998.8%TYL +14534.2%TYL compounded faster
010k20k30kStart $100200120062011201620212026$5,099$14,634
ONTO TYL

ONTO vs TYL: by the numbers

  • ONTO is the larger company ($13.87B vs $13.64B market cap).
  • TYL trades at the lower earnings multiple (44.06 vs 141.99 P/E).
  • TYL converts more revenue to profit (13.26% vs 10.33% net margin).
  • TYL grew revenue faster over the past five years (15.97% vs 11.93% CAGR).

Which is better, ONTO or TYL?

Metric tally: ONTO 3 · TYL 13

It depends on what you're optimizing for:

ValueTYL(lower P/E)
GrowthTYL(faster 5Y revenue CAGR)
QualityTYL(higher ROIC)

Metrics side by side

Valuation

MetricONTOTYL
P/E ratio141.9944.06
Forward P/E61.1524.74
P/S ratio14.745.79
P/B ratio7.133.87
PEG ratio4.133.33
EV / EBITDA79.2926.97
FCF yield1.57%4.99%

Profitability

MetricONTOTYL
Gross margin48.80%45.57%
Operating margin10.53%15.47%
Net margin10.33%13.26%
ROE4.99%8.87%
ROIC5.18%6.44%

Growth (annualized)

MetricONTOTYL
Revenue CAGR (5Y)11.93%15.97%
EPS CAGR (5Y)34.40%8.49%
FCF CAGR (5Y)11.03%14.98%
Total return CAGR (5Y)32.50%-7.02%

Frequently asked

Which is better, ONTO or TYL?
It depends on your goal. value: TYL (lower P/E); growth: TYL (faster 5Y revenue CAGR); quality: TYL (higher ROIC). Across all compared metrics, TYL leads 13 to 3.
Is ONTO or TYL cheaper?
On trailing earnings, TYL is cheaper: ONTO trades at a 141.99 P/E and TYL at 44.06.
Which has grown faster, ONTO or TYL?
Over the past five years, TYL grew revenue faster — ONTO at a 11.93% CAGR versus TYL at 15.97%.
Is ONTO or TYL more profitable?
TYL runs the higher net margin — ONTO at 10.33% versus TYL at 13.26%.
Which has been the better investment, ONTO or TYL?
Over the past 10-year, ONTO delivered the higher annualized total return — ONTO at 30.06% versus TYL at 6.95%. 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 July 7, 2026.