Onto Innovation (ONTO) vs Teradyne (TER)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Teradyne (TER) has outperformed Onto Innovation (ONTO) over the past year, gaining 193.8% versus a gain of 123.9%. Over five years, ONTO leads with a +321.6% price change compared with +261.5% for TER. Teradyne is the larger company by market cap ($64.38 billion vs $14.94 billion), about 4.3 times the size.
On valuation, Onto Innovation trades at a lower forward P/E (26.0x vs 35.3x for Teradyne). Teradyne pays a dividend yielding 0.12%, while Onto Innovation does not currently pay one. Teradyne converts more of its revenue into profit, with a net margin of 17.4% 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 | TER |
|---|---|---|
| Share price | $304.40 | $411.78 |
| Market cap | $14.94B | $64.38B |
| 1-day change | -2.97% | -4.31% |
| YTD return | +91.65% | +112.74% |
| 1-year return | +123.92% | +193.83% |
| 5-year return | +321.61% | +261.46% |
| P/E ratio (TTM) | 114.44 | 56.56 |
| Forward P/E | 26.02 | 35.34 |
| EPS (TTM) | $2.66 | $7.28 |
| Dividend yield | 0.00% | 0.12% |
| Annual dividend | $0.00 | $0.50 |
| Revenue (latest FY) | $1.01B | $3.19B |
| Revenue growth (YoY) | +1.82% | +13.13% |
| Net income (latest FY) | $136.76M | $554.05M |
| Gross margin | 49.72% | 58.22% |
| Operating margin | 13.22% | 20.38% |
| Net margin | 13.60% | 17.37% |
| 52-week high | $386.46 | $487.91 |
| 52-week low | $118.97 | $131.75 |
| Distance from 52-week high | -21.23% | -15.60% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +27.30% | +8.42% |
| Average volume | 1.01M | 2.87M |
| Shares outstanding | 49.07M | 156.34M |
| Employees | 1,867 | 6,600 |
| Sector | Industrials | Industrials |
| Industry | Industrial Machinery/Components | Electrical Products |
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
- Teradyne is about 4.3 times larger than Onto Innovation by market value ($64.38B vs $14.94B).
- TER has outperformed ONTO by 69.9 percentage points over the past year.
- Onto Innovation trades at a higher earnings multiple (114.4x vs 56.6x trailing P/E).
- Teradyne grew revenue faster in its latest fiscal year (+13.13% vs +1.82%).
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 Teradyne
TER stock →Teradyne, Inc. engages in the design, development, manufacture, and sale of automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa.
Industrials · Electrical Products · 6,600 employees
ONTO vs TER FAQ
Which is bigger, Onto Innovation or Teradyne?
Teradyne (TER) is larger, with a market capitalization of $64.38B compared with $14.94B for Onto Innovation (ONTO).
Which stock has performed better over the past year, ONTO or TER?
TER returned +193.83% 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, ONTO or TER?
TER has the lower trailing P/E at 56.6, 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.
Which pays a higher dividend, Onto Innovation or Teradyne?
Teradyne pays a dividend yielding 0.12%, while Onto Innovation does not currently pay a regular dividend.
Are Onto Innovation and Teradyne in the same industry?
Both are in the Industrials sector, but in different industries: Industrial Machinery/Components for Onto Innovation and Electrical Products for Teradyne.