Fortive (FTV) vs Onto Innovation (ONTO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Onto Innovation (ONTO) has outperformed Fortive (FTV) over the past year, gaining 125.3% versus a gain of 13.9%. Over five years, ONTO leads with a +321.6% price change compared with +3.2% for FTV. Fortive is the larger company by market cap ($17.07 billion vs $14.94 billion), about 1.1 times the size.
On valuation, Fortive trades at a lower forward P/E (17.4x vs 26.0x for Onto Innovation). Fortive pays a dividend yielding 0.21%, while Onto Innovation does not currently pay one. Fortive converts more of its revenue into profit, with a net margin of 13.9% versus 13.6%.
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 | FTV | ONTO |
|---|---|---|
| Share price | $56.52 | $304.40 |
| Market cap | $17.07B | $14.94B |
| 1-day change | -2.37% | -2.97% |
| YTD return | +2.37% | +92.83% |
| 1-year return | +13.93% | +125.30% |
| 5-year return | +3.22% | +321.61% |
| P/E ratio (TTM) | 30.39 | 117.98 |
| Forward P/E | 17.37 | 26.02 |
| EPS (TTM) | $1.86 | $2.58 |
| Dividend yield | 0.21% | 0.00% |
| Annual dividend | $0.12 | $0.00 |
| Revenue (latest FY) | $4.16B | $1.01B |
| Revenue growth (YoY) | +1.92% | +1.82% |
| Net income (latest FY) | $579.20M | $136.76M |
| Gross margin | 63.50% | 49.72% |
| Operating margin | 17.32% | 13.22% |
| Net margin | 13.93% | 13.60% |
| 52-week high | $64.56 | $386.46 |
| 52-week low | $47.71 | $118.97 |
| Distance from 52-week high | -12.45% | -21.23% |
| Analyst consensus | hold | strong_buy |
| Avg. price target upside | +12.60% | +27.30% |
| Average volume | 2.44M | 1.01M |
| Shares outstanding | 302.02M | 49.07M |
| Employees | 10,000 | 1,867 |
| Sector | Technology | Industrials |
| Industry | Scientific & Technical Instruments | 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
- ONTO has outperformed FTV by 111.4 percentage points over the past year.
- Onto Innovation trades at a higher earnings multiple (118.0x vs 30.4x trailing P/E).
- The two companies sit in different sectors: Fortive in Technology and Onto Innovation in Industrials.
About Fortive
FTV stock →Fortive Corporation designs, develops, manufactures, and markets products, software, and services in the United States, China, and internationally. It operates through Intelligent Operating Solutions and Advanced Healthcare Solutions segments.
Technology · Scientific & Technical Instruments · 10,000 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
FTV vs ONTO FAQ
Which is bigger, Fortive or Onto Innovation?
Fortive (FTV) is larger, with a market capitalization of $17.07B compared with $14.94B for Onto Innovation (ONTO).
Which stock has performed better over the past year, FTV or ONTO?
ONTO returned +125.30% over the past 12 months, compared with +13.93% for FTV (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FTV or ONTO?
FTV has the lower trailing P/E at 30.4, versus 118.0 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.
Which pays a higher dividend, Fortive or Onto Innovation?
Fortive pays a dividend yielding 0.21%, while Onto Innovation does not currently pay a regular dividend.
Are Fortive and Onto Innovation in the same industry?
No. Fortive is in the Technology sector, while Onto Innovation is in Industrials.