KLA Corporation (KLAC) vs Onto Innovation Inc. (ONTO)
KLA Corporation and Onto Innovation Inc. are both Semiconductor Equipment & Materials companies. KLA Corporation is the larger, with a market value of $248.2B against $13.9B — 17.8× the size. KLA Corporation trades at the lower P/E: 51.1× against 107×. KLA Corporation grew revenue faster over the last twelve months: 11.7% against 8.08%. KLA Corporation has the higher net margin (35.6% vs 11.8%) and the higher return on invested capital (48.2% vs 5.56%). Across the 22 metrics below, KLA Corporation leads on 13 and Onto Innovation Inc. on 9.
Valuation
Profitability
| Metric | KLAC | ONTO | Semiconductor Equipment & Materials median |
|---|---|---|---|
| Gross margin | 61.30% | 50.36% | 43.95% |
| Operating margin | 41.69% | 12.02% | 10.32% |
| Net margin | 35.57% | 11.84% | 7.45% |
| Free cash flow margin | 27.74% | 22.54% | 6.77% |
| Return on equity | 87.50% | 6.82% | 4.78% |
| Return on assets | 28.40% | 4.54% | 3.62% |
| Return on invested capital | 48.24% | 5.56% | 6.10% |
Growth
Health
Dividend
Size
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