LRCX vs ONTO Comparison: AI Score, Valuation, Performance and Upside
Compare Lam Research's scale in etch and deposition tools against Onto Innovation's more specialized process control and metrology equipment.
Use this Lam Research vs Onto Innovation comparison to evaluate the key differences across valuation, growth, profitability, and risk before making an investment decision.
LRCX holds the edge across 3 of 5 key metrics in this comparison. LRCX has delivered stronger 1-year price return (+127.22% vs +109.81%), though ONTO has the better forward P/E setup (21.84x vs 26.12x for LRCX). On fundamentals, ONTO is growing revenue faster (35.30%), while LRCX maintains the higher operating margin (37.39%) — a classic growth-versus-profitability split. Analyst consensus implies meaningfully more upside for ONTO (+52.60%) than for LRCX (+22.95%).
Human Wall Street analysts' price targets, typically implying a ~12-month view — a separate signal from this site's own AI Prediction Signal further down the page, which is a 5-/30-day machine-learning forecast based on price history alone.
| Metric | LRCX | ONTO |
|---|---|---|
| AI scorei | 81.8 | 64.9 |
| AI ranki | #10 | #84 |
| Latest closei | $270.87 | $244.16 |
| 1M returni | -18.50% | -26.39% |
| 6M returni | +19.61% | +24.18% |
| 1Y returni | +127.22% | +109.81% |
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | LRCX | ONTO |
|---|---|---|
| 1Y ago | $22.48K (+124.8%) started 2025-09-16 | $20.25K (+102.5%) started 2025-09-16 |
| 5Y ago | $45.43K (+354.3%) started 2021-09-17 | $30.94K (+209.4%) started 2021-09-16 |
| 10Y ago | $327.35K (+3173.5%) started 2016-09-19 | $69.11K (+591.1%) started 2019-10-28 |
Hypothetical — past performance does not guarantee future results.
| Metric | LRCX | ONTO |
|---|---|---|
| Market capi | $377.77B | $15.56B |
| Trailing P/Ei | 52.32 | 95.34 |
| Forward P/Ei | 26.12 | 21.84 |
| Price/Salesi | 6.45 | N/A |
| EV/Revenuei | 16.20 | 10.87 |
| Analyst targeti | $371.19 | $388.45 |
| Target upsidei | +22.95% | +52.60% |
| Metric | LRCX | ONTO |
|---|---|---|
| Revenue growthi | 30.00% | 35.30% |
| Earnings growthi | 34.80% | 75.40% |
| EPS growthi | +34.80% | +75.40% |
| FCF margini | +13.30% | +18.12% |
| Operating margini | 37.39% | 22.97% |
| Profit margini | 31.27% | 11.84% |
| ROIC proxyi | 65.07% | 6.83% |
| Return on equityi | 65.07% | 6.83% |
| Dividend yieldi | 0.44% | N/A |
| Payout ratioi | 18.06% | 0.00% |
| Dividend growth streaki | No increase yet | N/A |
| Betai | 1.86 | 1.59 |
| Debt/equityi | 33.05 | 76.55 |
| Current ratioi | 2.63 | 9.73 |
| Quick ratioi | 1.84 | 8.17 |
Over the past year, LRCX and ONTO have moved strongly in the same direction (correlation of 0.82), based on daily returns.
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | LRCX | ONTO |
|---|---|---|---|
| 1Y | Growthi | +124.84% | +102.49% |
| CAGRi | +125.18% | +102.75% | |
| Volatilityi | 64.49% | 71.84% | |
| Sharpe ratioi | 1.51 | 1.28 | |
| Sortino ratioi | 2.32 | 1.94 | |
| Max drawdowni | 41.76% | 42.31% | |
| Current drawdowni | 37.49% | 35.48% | |
| Avg drawdowni | 9.47% | 9.98% | |
| Ulcer Indexi | 14.28% | 13.70% | |
| Max daily dropi | 10.19% | 12.46% | |
| Max wkly dropi | 23.12% | 26.06% | |
| 5Y | Growthi | +349.56% | +209.42% |
| CAGRi | +35.09% | +25.35% | |
| Volatilityi | 49.57% | 59.16% | |
| Sharpe ratioi | 0.77 | 0.61 | |
| Sortino ratioi | 1.14 | 0.87 | |
| Max drawdowni | 56.85% | 62.82% | |
| Current drawdowni | 37.49% | 35.48% | |
| Avg drawdowni | 19.17% | 21.63% | |
| Ulcer Indexi | 24.04% | 27.32% | |
| Max daily dropi | 11.60% | 30.21% | |
| Max wkly dropi | 23.12% | 30.37% | |
| 10Y | Growthi | +3000.96% | +591.08% |
| CAGRi | +41.02% | +32.41% | |
| Volatilityi | 46.53% | 58.05% | |
| Sharpe ratioi | 0.88 | 0.70 | |
| Sortino ratioi | 1.30 | 1.01 | |
| Max drawdowni | 56.85% | 62.82% | |
| Current drawdowni | 37.49% | 35.48% | |
| Avg drawdowni | 15.21% | 18.74% | |
| Ulcer Indexi | 20.29% | 24.58% | |
| Max daily dropi | 18.43% | 30.21% | |
| Max wkly dropi | 29.82% | 30.37% |
| Category | LRCX | ONTO |
|---|---|---|
| Company | LRCX | ONTO |
| Sector | Technology | Technology |
| Industry | Semiconductor Equipment & Materials | Semiconductor Equipment & Materials |
| Core business | Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Sou… | 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, Sout… |
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