Onto Innovation [ONTO] vs Applied Materials [AMAT] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 21 vital metrics comparison: Onto Innovation Inc. wins in 3 metrics, Applied Materials Inc. wins in 17 metrics, with 0 ties. Applied Materials Inc. appears stronger overall.

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Vital Metrics Comparison

Metric Onto Innovation Inc. Applied Materials Inc. Better
P/E Ratio (TTM) 103.98 42.91 Applied Materials Inc.
Price-to-Book Ratio 6.86 15.26 Onto Innovation Inc.
Debt-to-Equity Ratio 0.83 33.11 Onto Innovation Inc.
PEG Ratio -1.32 0.57 Applied Materials Inc.
EV/EBITDA 50.49 35.91 Applied Materials Inc.
Profit Margin (TTM) 13.60% 27.78% Applied Materials Inc.
Operating Margin (TTM) 20.86% 29.89% Applied Materials Inc.
EBITDA Margin (TTM) 20.86% 29.89% Applied Materials Inc.
Return on Equity 6.79% 38.86% Applied Materials Inc.
Return on Assets (TTM) 5.93% 14.85% Applied Materials Inc.
Free Cash Flow (TTM) $299.80M $5.70B Applied Materials Inc.
Dividend Yield N/A 0.66% N/A
1-Year Return 180.88% 187.12% Applied Materials Inc.
Price-to-Sales Ratio (TTM) 14.36 11.74 Applied Materials Inc.
Enterprise Value $13.80B $319.23B Applied Materials Inc.
EV/Revenue Ratio 13.73 11.31 Applied Materials Inc.
Gross Profit Margin (TTM) 46.39% 48.99% Applied Materials Inc.
Revenue per Share (TTM) $20 $35 Applied Materials Inc.
Earnings per Share (Diluted) $2.79 $9.73 Applied Materials Inc.
Beta (Stock Volatility) 1.47 1.64 Onto Innovation Inc.
Short % of Float 3.42% 1.65% Applied Materials Inc.

Onto Innovation Inc. vs Applied Materials Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Onto Innovation Inc.0.70%4.90%-6.53%34.93%77.07%68.79%
Applied Materials Inc.2.19%11.72%27.95%42.54%86.42%86.25%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Onto Innovation Inc.180.88%140.85%258.82%684.21%684.21%684.21%
Applied Materials Inc.187.12%234.29%221.82%1,745.26%3,372.69%2,541.20%

Performance & Financial Health Analysis: Onto Innovation Inc. vs Applied Materials Inc.

MetricONTOAMAT
Market Information
Market Cap i$14.54B$330.97B
Market Cap CategoryLarge capMega cap
10 Day Avg. Volume i918,6664,657,806
90 Day Avg. Volume i781,9325,822,139
Last Close$279.98$500.77
52 Week Range$89.40 - $316.00$154.47 - $508.26
% from 52W High-11.40%-1.47%
All-Time High$316.00 (Apr 24, 2026)$508.26 (Jun 03, 2026)
% from All-Time High-11.40%-1.47%
Growth Metrics
Quarterly Revenue Growth0.01%-0.02%
Quarterly Earnings Growth-0.78%0.71%
Financial Health
Profit Margin (TTM) i0.14%0.28%
Operating Margin (TTM) i0.21%0.30%
Return on Equity (TTM) i0.07%0.39%
Debt to Equity (MRQ) i0.8333.11
Cash & Liquidity
Book Value per Share (MRQ)$42.27$27.37
Cash per Share (MRQ)$12.87$10.72
Operating Cash Flow (TTM) i$328.32M$8.72B
Levered Free Cash Flow (TTM) i$237.39M$4.34B
Dividends
Last 12-Month Dividend Yield iN/A0.66%
Last 12-Month Dividend iN/A$2.37

Valuation & Enterprise Metrics Analysis: Onto Innovation Inc. vs Applied Materials Inc.

MetricONTO (Apr 24, 2026)AMAT (Apr 26, 2026)
Price Ratios
P/E Ratio (TTM) i103.9842.91
Forward P/E i32.0029.67
PEG Ratio i-1.320.57
Price to Sales (TTM) i14.3611.74
Price to Book (MRQ) i6.8615.26
Market Capitalization
Market Capitalization i$14.54B$330.97B
Enterprise Value i$13.80B$319.23B
Enterprise Value Metrics
Enterprise to Revenue i13.7311.31
Enterprise to EBITDA i50.4935.91
Risk & Other Metrics
Beta i1.471.64
Book Value per Share (MRQ) i$42.27$27.37

Financial Statements Comparison: Onto Innovation Inc. vs Applied Materials Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricONTO (2025)AMAT (2025)
Revenue/Sales i1.01B28.37B
Cost of Goods Sold i505.49M14.56B
COGS % of Revenue i50.3%51.3%
Gross Profit i499.77M13.81B
Gross Margin i49.7%48.7%
Research & Development i131.98M3.57B
Operating Income (EBIT) i151.35M8.47B
Operating Margin i15.1%29.9%
EBITDA i234.65M10.16B
EBITDA Margin i23.3%35.8%
Pre-Tax Income i162.90M9.27B
Pre-Tax Income % of Revenue i16.2%32.7%
Income Tax i26.14M2.27B
Income Tax % of Revenue i2.6%8.0%
Net Income (Profit) i136.76M7.00B
Profit Margin i13.6%24.7%

Balance Sheet & Liquidity Metrics

MetricONTO (2025)AMAT (2025)
Cash & Equivalents i346.12M7.24B
Total Current Assets i1.27B20.88B
Total Current Assets % of Revenue i126.1%73.6%
Total Current Liabilities i218.95M8.00B
Total Current Liabilities % of Revenue i21.8%28.2%
Long-Term Debt i11.26M6.86B
Long-Term Debt % of Revenue i1.1%24.2%
Total Shareholders Equity i2.10B20.42B
Retained Earnings i743.79M55.23B
Retained Earnings % of Revenue i74.0%194.7%
Property, Plant & Equipment i16.25M3.22B

Cash Flow Statement Comparison

MetricONTO (2025)AMAT (2025)
Operating Cash Flow i328.03M8.50B
Operating Cash Flow % of Revenue i32.6%30.0%
Capital Expenditures i-28.51MN/A
Free Cash Flow i299.80M5.70B
FCF Margin i29.8%20.1%
Debt Repayment iN/A-1.20B
Common Stock Repurchase i-75.02M-4.90B

Short Interest & Institutional Ownership Analysis

MetricONTOAMAT
Shares Short i1.34M13.02M
Short Ratio i1.732.01
Short % of Float i3.42%1.65%
Shares Outstanding i49.70M793.61M
Float Shares i49.36M790.13M
% Held by Insiders i0.65%0.32%
% Held by Institutions i98.85%85.89%
% Held by Public i0.50%13.79%

Dividend Analysis & Yield Comparison: Onto Innovation Inc. vs Applied Materials Inc.

MetricONTOAMAT
Last 12-Month Dividend iN/A$2.37
Last 12-Month Dividend Yield iN/A0.66%
3-Year Avg Annual Dividend iN/A$1.75
3-Year Avg Dividend Yield iN/A0.21%
3-Year Total Dividends iN/A$5.25
Ex-Dividend DateN/AMay 21, 2026