MKS (MKSI) vs Onto Innovation (ONTO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Onto Innovation (ONTO) has outperformed MKS (MKSI) over the past year, gaining 110.4% versus a gain of 95.8%. Over five years, ONTO leads with a +305.4% price change compared with +80.0% for MKSI. MKS is the larger company by market cap ($17.88 billion vs $14.45 billion), about 1.2 times the size.
On valuation, MKS trades at a lower forward P/E (15.1x vs 25.2x for Onto Innovation). MKS pays a dividend yielding 0.36%, while Onto Innovation does not currently pay one. Onto Innovation converts more of its revenue into profit, with a net margin of 13.6% versus 7.5%.
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 | MKSI | ONTO |
|---|---|---|
| Share price | $264.50 | $294.53 |
| Market cap | $17.88B | $14.45B |
| 1-day change | +1.58% | +0.64% |
| YTD return | +62.94% | +85.40% |
| 1-year return | +95.82% | +110.37% |
| 5-year return | +79.98% | +305.36% |
| P/E ratio (TTM) | 42.05 | 110.73 |
| Forward P/E | 15.07 | 25.18 |
| EPS (TTM) | $6.29 | $2.66 |
| Dividend yield | 0.36% | 0.00% |
| Annual dividend | $0.94 | $0.00 |
| Revenue (latest FY) | $3.93B | $1.01B |
| Revenue growth (YoY) | +9.62% | +1.82% |
| Net income (latest FY) | $295.00M | $136.76M |
| Gross margin | 46.73% | 49.72% |
| Operating margin | 13.43% | 13.22% |
| Net margin | 7.50% | 13.60% |
| 52-week high | $447.62 | $386.46 |
| 52-week low | $120.91 | $118.97 |
| Distance from 52-week high | -40.91% | -23.79% |
| Analyst consensus | none | strong_buy |
| Avg. price target upside | +55.33% | +31.57% |
| Average volume | 1.33M | 991.18K |
| Shares outstanding | 67.62M | 49.07M |
| Employees | 10,200 | 1,867 |
| Sector | Industrials | Industrials |
| Industry | Industrial Machinery/Components | 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 MKSI by 14.6 percentage points over the past year.
- Onto Innovation trades at a higher earnings multiple (110.7x vs 42.1x trailing P/E).
- Onto Innovation is more profitable, keeping 13.6 cents of every revenue dollar as net income versus 7.5 cents for MKS.
- MKS grew revenue faster in its latest fiscal year (+9.62% vs +1.82%).
About MKS
MKSI stock →MKS Inc. provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, China, South Korea, Japan, Taiwan, Singapore, and internationally.
Industrials · Industrial Machinery/Components · 10,200 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
MKSI vs ONTO FAQ
Which is bigger, MKS or Onto Innovation?
MKS (MKSI) is larger, with a market capitalization of $17.88B compared with $14.45B for Onto Innovation (ONTO).
Which stock has performed better over the past year, MKSI or ONTO?
ONTO returned +110.37% over the past 12 months, compared with +95.82% for MKSI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MKSI or ONTO?
MKSI has the lower trailing P/E at 42.1, versus 110.7 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, MKS or Onto Innovation?
MKS pays a dividend yielding 0.36%, while Onto Innovation does not currently pay a regular dividend.
Are MKS and Onto Innovation in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.