IONQ vs. LITE: IonQ vs. Lumentum Stock Comparison
How do IonQ (IONQ) and Lumentum (LITE) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
IonQ (IONQ) and Lumentum (LITE) both fall under the Technology Hardware & Equipment industry group, but IONQ is classified in Technology Hardware, Storage & Peripherals while LITE is classified in Communications Equipment.
| Profile Item | IONQ | LITE |
|---|---|---|
| Name | IonQ, Inc. | Lumentum Holdings Inc. |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Technology Hardware, Storage & Peripherals | Communications Equipment |
| GICS Sub-Industry | Technology Hardware, Storage & Peripherals | Communications Equipment |
| Market Capitalization | 15.16 billion USD | 48.84 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | January 4, 2021 | July 23, 2015 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | IONQ | LITE |
|---|---|---|
| Total Return (1Y) | -40.10% | 150.31% |
| Total Return (3Y, Annualized) | 46.76% | 147.76% |
| Total Return (5Y, Annualized) | 9.52% | 45.47% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | IONQ | LITE |
|---|---|---|
| Volatility (1Y, Annualized) | 94.72% | 101.27% |
| Beta (5Y) | 3.33 | 1.73 |
| Max Drawdown (5Y) | -90.00% | -66.48% |
| Avg. Volume (3M) | 22.02M | 5.27M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | IONQ | LITE |
|---|---|---|
| Sharpe Ratio (1Y) | -0.47 | 1.44 |
| Sortino Ratio (1Y) | -0.74 | 2.14 |
Profitability
ROE (TTM)
Lumentum (LITE) reports a negative ROE of -245.79%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile IonQ (IONQ) reports 6.90%, ranking against industry peers normally.
IONQ
Technology Hardware & Equipment industry group
6.90%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- IONQ
- 6.90%
- Q1
- 1.63%
- Min
- -20.62%
LITE
Technology Hardware & Equipment industry group
-245.79%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
- LITE
- -245.79%
Net Margin (TTM)
Lumentum (LITE) reports a negative net margin of -175.78%, usually indicating a net loss over the period. Meanwhile IonQ (IONQ) reports 67.09%, ranking against industry peers normally.
IONQ
Technology Hardware & Equipment industry group
67.09%
- IONQ
- 67.09%
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
LITE
Technology Hardware & Equipment industry group
-175.78%
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
- LITE
- -175.78%
Operating Margin (TTM)
IonQ (IONQ) reports a negative operating margin of -249.14%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Lumentum (LITE) reports 27.95%, ranking against industry peers normally.
IONQ
Technology Hardware & Equipment industry group
-249.14%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
- IONQ
- -249.14%
LITE
Technology Hardware & Equipment industry group
27.95%
- Max
- 36.27%
- LITE
- 27.95%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | IONQ | LITE |
|---|---|---|
| ROE (TTM) | 6.90% | -245.79% |
| ROA (TTM) | -12.60% | 9.19% |
| Net Margin (TTM) | 67.09% | -175.78% |
| Operating Margin (TTM) | -249.14% | 27.95% |
| Gross Margin (TTM) | 24.67% | 47.98% |
Growth
Revenue Growth
Both IonQ (IONQ) at 201.85% and Lumentum (LITE) at 83.22% are expanding revenue faster than their entire industry benchmark ranges for revenue growth — exceptional top-line momentum on both sides, though growth that far above the peer range is worth checking for one-off boosts such as acquisitions.
EPS Growth
Only one side can be read here: Lumentum (LITE) reports EPS growth of -25,224.32%, ranked against its industry; IonQ (IONQ) has no EPS growth figure this period.
Growth Metrics
| Metric | IONQ | LITE |
|---|---|---|
| Revenue Growth (YoY) | 201.85% | 83.22% |
| Revenue Growth (3Y CAGR) | 126.89% | 19.48% |
| EPS Growth (YoY) | -- | -25,224.32% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Lumentum (LITE) at 1.61 keeps current ratio within its industry’s typical mid-range, while IonQ (IONQ) at 4.24 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
IONQ
Technology Hardware & Equipment industry group
4.24
- Max
- 5.34
- IONQ
- 4.24
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
LITE
Technology Hardware & Equipment industry group
1.61
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- LITE
- 1.61
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
IonQ (IONQ) at 0.01 keeps leverage in the lower industry quartile, while Lumentum (LITE) at 0.31 runs a more typical debt-to-equity mix.
IONQ
Technology Hardware & Equipment industry group
0.01
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- IONQ
- 0.01
- Min
- 0.01
LITE
Technology Hardware & Equipment industry group
0.31
- Max
- 1.76
- Q3
- 0.78
- LITE
- 0.31
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | IONQ | LITE |
|---|---|---|
| Current Ratio (MRQ) | 4.24 | 1.61 |
| Debt / Equity (MRQ) | 0.01 | 0.31 |
| Net Debt / EBITDA | -- | -0.48 |
Dividends
Dividend Yield (TTM)
Neither IonQ (IONQ) nor Lumentum (LITE) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
IONQ
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- IONQ
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
LITE
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- LITE
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither IonQ (IONQ) nor Lumentum (LITE) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
IONQ
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- IONQ
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
LITE
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- LITE
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | IONQ | LITE |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: IonQ (IONQ) trades at 18.86 times trailing earnings, ranked against its peers, while Lumentum (LITE) has no P/E ratio this period.
IONQ
Technology Hardware & Equipment industry group
18.86
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- IONQ
- 18.86
- Min
- 6.07
LITE
Technology Hardware & Equipment industry group
--
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- Q1
- 19.36
- Min
- 6.07
- LITE
- --
P/S Ratio (TTM)
Investors are paying well above the peer range per dollar of sales for both IonQ (IONQ) at 39.84 and Lumentum (LITE) at 13.05 — each P/S ratio clears its industry’s benchmark range.
IONQ
Technology Hardware & Equipment industry group
39.84
- IONQ
- 39.84
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
LITE
Technology Hardware & Equipment industry group
13.05
- LITE
- 13.05
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
IonQ (IONQ) at 2.67 is valued about in line with its industry on P/B ratio, while Lumentum (LITE) at 10.67 carries an above-peer premium to book — LITE is pricier on assets.
IONQ
Technology Hardware & Equipment industry group
2.67
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- IONQ
- 2.67
- Q1
- 1.79
- Min
- 0.33
LITE
Technology Hardware & Equipment industry group
10.67
- Max
- 10.75
- LITE
- 10.67
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | IONQ | LITE |
|---|---|---|
| P/E Ratio (TTM) | 18.86 | -- |
| P/S Ratio (TTM) | 39.84 | 13.05 |
| P/B Ratio (MRQ) | 2.67 | 10.67 |
| Free Cash Flow Yield (TTM) | -2.81% | 0.29% |