Onto Innovation (ONTO) vs Snap-On (SNA)
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 Snap-On (SNA) over the past year, gaining 110.4% versus a gain of 5.8%. Over five years, ONTO leads with a +305.4% price change compared with +63.7% for SNA. Snap-On is the larger company by market cap ($18.68 billion vs $14.40 billion), about 1.3 times the size, while Onto Innovation is growing revenue faster (+1.8% vs +0.9%).
On valuation, Snap-On trades at a lower forward P/E (16.8x vs 25.1x for Onto Innovation). Snap-On pays a dividend yielding 2.62%, while Onto Innovation does not currently pay one. Snap-On converts more of its revenue into profit, with a net margin of 19.7% 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 | ONTO | SNA |
|---|---|---|
| Share price | $293.41 | $361.21 |
| Market cap | $14.40B | $18.68B |
| 1-day change | +0.25% | +0.65% |
| YTD return | +85.40% | +4.14% |
| 1-year return | +110.37% | +5.79% |
| 5-year return | +305.36% | +63.75% |
| P/E ratio (TTM) | 110.30 | 18.41 |
| Forward P/E | 25.08 | 16.82 |
| EPS (TTM) | $2.66 | $19.62 |
| Dividend yield | 0.00% | 2.62% |
| Annual dividend | $0.00 | $9.46 |
| Revenue (latest FY) | $1.01B | $5.16B |
| Revenue growth (YoY) | +1.82% | +0.93% |
| Net income (latest FY) | $136.76M | $1.02B |
| Gross margin | 49.72% | — |
| Operating margin | 13.22% | 25.75% |
| Net margin | 13.60% | 19.72% |
| 52-week high | $386.46 | $423.02 |
| 52-week low | $118.97 | $320.80 |
| Distance from 52-week high | -24.08% | -14.61% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +32.07% | +14.86% |
| Average volume | 991.18K | 314.62K |
| Shares outstanding | 49.07M | 51.73M |
| Employees | 1,867 | 13,000 |
| Sector | Industrials | Consumer Discretionary |
| 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 SNA by 104.6 percentage points over the past year.
- Onto Innovation trades at a higher earnings multiple (110.3x vs 18.4x trailing P/E).
- Snap-On offers a meaningfully higher dividend yield (2.62% vs 0.00%).
- Snap-On is more profitable, keeping 19.7 cents of every revenue dollar as net income versus 13.6 cents for Onto Innovation.
- The two companies sit in different sectors: Onto Innovation in Industrials and Snap-On in Consumer Discretionary.
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
About Snap-On
SNA stock →Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments.
Consumer Discretionary · Industrial Machinery/Components · 13,000 employees
ONTO vs SNA FAQ
Which is bigger, Onto Innovation or Snap-On?
Snap-On (SNA) is larger, with a market capitalization of $18.68B compared with $14.40B for Onto Innovation (ONTO).
Which stock has performed better over the past year, ONTO or SNA?
ONTO returned +110.37% over the past 12 months, compared with +5.79% for SNA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ONTO or SNA?
SNA has the lower trailing P/E at 18.4, versus 110.3 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, Onto Innovation or Snap-On?
Snap-On pays a dividend yielding 2.62%, while Onto Innovation does not currently pay a regular dividend.
Are Onto Innovation and Snap-On in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.