FormFactor FormFactor (FORM) vs Onto Innovation (ONTO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
FormFactor FormFactor (FORM) has outperformed Onto Innovation (ONTO) over the past year, gaining 259.3% versus a gain of 123.9%. Over five years, ONTO leads with a +321.6% price change compared with +287.9% for FORM. Onto Innovation is the larger company by market cap ($14.94 billion vs $10.92 billion), about 1.4 times the size, while FormFactor FormFactor is growing revenue faster (+2.8% vs +1.8%).
On valuation, Onto Innovation trades at a lower forward P/E (26.0x vs 36.9x for FormFactor FormFactor). Onto Innovation converts more of its revenue into profit, with a net margin of 13.6% versus 6.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FORM | ONTO |
|---|---|---|
| Share price | $139.80 | $304.40 |
| Market cap | $10.92B | $14.94B |
| 1-day change | -1.06% | -2.97% |
| YTD return | +150.15% | +91.65% |
| 1-year return | +259.35% | +123.92% |
| 5-year return | +287.92% | +321.61% |
| P/E ratio (TTM) | 96.41 | 114.44 |
| Forward P/E | 36.92 | 26.02 |
| EPS (TTM) | $1.45 | $2.66 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $784.99M | $1.01B |
| Revenue growth (YoY) | +2.80% | +1.82% |
| Net income (latest FY) | $54.36M | $136.76M |
| Gross margin | 39.34% | 49.72% |
| Operating margin | 7.27% | 13.22% |
| Net margin | 6.93% | 13.60% |
| 52-week high | $160.27 | $386.46 |
| 52-week low | $37.14 | $118.97 |
| Distance from 52-week high | -12.77% | -21.23% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +10.08% | +27.30% |
| Average volume | 1.47M | 1.01M |
| Shares outstanding | 78.12M | 49.07M |
| Employees | 2,153 | 1,867 |
| Sector | Technology | Industrials |
| Industry | Semiconductors | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- FORM has outperformed ONTO by 135.4 percentage points over the past year.
- Onto Innovation is more profitable, keeping 13.6 cents of every revenue dollar as net income versus 6.9 cents for FormFactor FormFactor.
- The two companies sit in different sectors: FormFactor FormFactor in Technology and Onto Innovation in Industrials.
About FormFactor FormFactor
FORM stock →FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, thermal systems, cryogenic systems, and related services in the United States, South Korea, Taiwan, China, Japan, Singapore, Europe, Malaysia, and internationally.
Technology · Semiconductors · 2,153 employees
About Onto Innovation
ONTO stock →Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that perform macro-defect inspection and metrology in the United States, Taiwan, South Korea, Japan, China, Southeast Asia, Asia, and Europe.
Industrials · Industrial Machinery/Components · 1,867 employees
FORM vs ONTO FAQ
Which is bigger, FormFactor FormFactor or Onto Innovation?
Onto Innovation (ONTO) is larger, with a market capitalization of $14.94B compared with $10.92B for FormFactor FormFactor (FORM).
Which stock has performed better over the past year, FORM or ONTO?
FORM returned +259.35% over the past 12 months, compared with +123.92% for ONTO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FORM or ONTO?
FORM has the lower trailing P/E at 96.4, versus 114.4 for ONTO. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are FormFactor FormFactor and Onto Innovation in the same industry?
No. FormFactor FormFactor is in the Technology sector, while Onto Innovation is in Industrials.