Onto Innovation (ONTO) vs Woodward (WWD)
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 Woodward (WWD) over the past year, gaining 125.3% versus a gain of 27.4%. Over five years, ONTO leads with a +321.6% price change compared with +180.8% for WWD. Woodward is the larger company by market cap ($19.10 billion vs $14.36 billion), about 1.3 times the size.
On valuation, Onto Innovation trades at a lower forward P/E (25.0x vs 30.1x for Woodward). Woodward pays a dividend yielding 0.30%, 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 12.4%.
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 | WWD |
|---|---|---|
| Share price | $292.67 | $323.45 |
| Market cap | $14.36B | $19.10B |
| 1-day change | -3.85% | -0.25% |
| YTD return | +92.83% | +7.25% |
| 1-year return | +125.30% | +27.41% |
| 5-year return | +321.61% | +180.83% |
| P/E ratio (TTM) | 110.03 | 35.98 |
| Forward P/E | 25.02 | 30.10 |
| EPS (TTM) | $2.66 | $8.99 |
| Dividend yield | 0.00% | 0.30% |
| Annual dividend | $0.00 | $0.98 |
| Revenue (latest FY) | $1.01B | $3.57B |
| Revenue growth (YoY) | +1.82% | +7.30% |
| Net income (latest FY) | $136.76M | $442.11M |
| Gross margin | 49.72% | 26.81% |
| Operating margin | 13.22% | — |
| Net margin | 13.60% | 12.39% |
| 52-week high | $386.46 | $450.92 |
| 52-week low | $118.97 | $244.69 |
| Distance from 52-week high | -24.27% | -28.27% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +32.40% | +34.10% |
| Average volume | 1.01M | 669.89K |
| Shares outstanding | 49.07M | 59.05M |
| Employees | 1,867 | 10,200 |
| Sector | Industrials | Energy |
| 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 WWD by 97.9 percentage points over the past year.
- Onto Innovation trades at a higher earnings multiple (110.0x vs 36.0x trailing P/E).
- Woodward grew revenue faster in its latest fiscal year (+7.30% vs +1.82%).
- The two companies sit in different sectors: Onto Innovation in Industrials and Woodward in Energy.
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 Woodward
WWD stock →Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide.
Energy · Industrial Machinery/Components · 10,200 employees
ONTO vs WWD FAQ
Which is bigger, Onto Innovation or Woodward?
Woodward (WWD) is larger, with a market capitalization of $19.10B compared with $14.36B for Onto Innovation (ONTO).
Which stock has performed better over the past year, ONTO or WWD?
ONTO returned +125.30% over the past 12 months, compared with +27.41% for WWD (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ONTO or WWD?
WWD has the lower trailing P/E at 36.0, versus 110.0 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, Onto Innovation or Woodward?
Woodward pays a dividend yielding 0.30%, while Onto Innovation does not currently pay a regular dividend.
Are Onto Innovation and Woodward in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.