Onto Financial Statements From 2010 to 2024

ONTO Stock  USD 166.50  4.59  2.83%   
Onto Innovation financial statements provide useful quarterly and yearly information to potential Onto Innovation investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Onto Innovation financial statements helps investors assess Onto Innovation's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Onto Innovation's valuation are summarized below:
Gross Profit
539.2 M
Profit Margin
0.1944
Market Capitalization
B
Enterprise Value Revenue
7.5967
Revenue
942.2 M
We have found one hundred twenty available trending fundamental ratios for Onto Innovation, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Onto Innovation's recent fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 22nd of November 2024, Market Cap is likely to grow to about 445.7 M. Also, Enterprise Value is likely to grow to about 398.3 M

Onto Innovation Total Revenue

856.66 Million

Check Onto Innovation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Onto Innovation's main balance sheet or income statement drivers, such as Depreciation And Amortization of 70.6 M, Interest Expense of 6.1 M or Selling General Administrative of 87.3 M, as well as many indicators such as Price To Sales Ratio of 2.42, Dividend Yield of 0.0 or PTB Ratio of 1.49. Onto financial statements analysis is a perfect complement when working with Onto Innovation Valuation or Volatility modules.
  
Check out the analysis of Onto Innovation Correlation against competitors.
To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.

Onto Innovation Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total AssetsB1.9 B882.3 M
Slightly volatile
Short and Long Term Debt Total20.2 M19.5 M30.9 M
Slightly volatile
Other Current Liabilities67.6 M64.4 M31.4 M
Slightly volatile
Total Current Liabilities155.1 M147.7 M78.9 M
Slightly volatile
Total Stockholder Equity1.8 B1.7 B761.8 M
Slightly volatile
Property Plant And Equipment Net128.1 M122 M49.9 M
Slightly volatile
Accounts Payable52.4 M49.9 M27.9 M
Slightly volatile
Cash245.2 M233.5 M149.1 M
Slightly volatile
Non Current Assets Total657.8 M626.4 M317.2 M
Slightly volatile
Cash And Short Term Investments732.7 M697.8 M299.5 M
Slightly volatile
Net Receivables237.9 M226.6 M107.9 M
Slightly volatile
Common Stock Total Equity41.9 K44.1 K766.1 K
Slightly volatile
Common Stock Shares Outstanding29 M49.3 M34.6 M
Slightly volatile
Short Term Investments487.5 M464.3 M187.3 M
Slightly volatile
Liabilities And Stockholders EquityB1.9 B882.3 M
Slightly volatile
Non Current Liabilities Total26 M25.5 M41.5 M
Very volatile
Inventory344.2 M327.8 M143.3 M
Slightly volatile
Other Current Assets19.8 M31.1 M24.4 M
Pretty Stable
Total Liabilities181.8 M173.2 M120.5 M
Slightly volatile
Property Plant And Equipment Gross188.9 M179.9 M70.5 M
Slightly volatile
Total Current Assets1.3 B1.3 B565.1 M
Slightly volatile
Common Stock41.9 K44.1 K769.1 K
Slightly volatile
Intangible Assets175.7 M167.4 M114.8 M
Slightly volatile
Current Deferred Revenue13.1 M24.8 M15.7 M
Slightly volatile
Good Will381.3 M363.2 M152.4 M
Slightly volatile
Net Tangible Assets1.3 B1.2 B495.9 M
Slightly volatile
Long Term Debt5.3 MM6.6 M
Slightly volatile
Long Term Debt Total5.3 MM6.6 M
Slightly volatile
Capital Surpluse1.5 B1.4 B678.9 M
Slightly volatile
Deferred Long Term LiabilitiesM8.5 M14.1 M
Slightly volatile
Non Current Liabilities Other17.7 MM14.6 M
Slightly volatile
Deferred Long Term Asset ChargesM13.7 M8.4 M
Slightly volatile
Property Plant Equipment67.4 M105.8 M62 M
Slightly volatile
Other Liabilities40.3 M24.8 M27.1 M
Slightly volatile
Other Assets0.951.022.9 M
Slightly volatile
Net Invested Capital1.3 B1.7 B771.3 M
Slightly volatile
Net Working Capital731.8 M1.1 B489.8 M
Slightly volatile
Capital Stock50.8 K56.4 K38.9 K
Slightly volatile
Capital Lease Obligations16.8 M19.5 M23.1 M
Slightly volatile

Onto Innovation Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization70.6 M67.2 M24.9 M
Slightly volatile
Interest Expense6.1 M5.8 M3.3 M
Pretty Stable
Selling General Administrative87.3 M83.1 M41.8 M
Slightly volatile
Total Revenue856.7 M815.9 M406.6 M
Slightly volatile
Gross Profit441.3 M420.3 M212.2 M
Slightly volatile
Other Operating Expenses734.8 M699.8 M347.6 M
Slightly volatile
Research Development109.7 M104.4 M59.7 M
Slightly volatile
EBITDA192.5 M183.3 M81.9 M
Slightly volatile
Cost Of Revenue415.4 M395.6 M194.4 M
Slightly volatile
Total Operating Expenses319.4 M304.2 M153.2 M
Slightly volatile
Selling And Marketing Expenses33.6 M61.8 M36 M
Slightly volatile
Non Recurring1.6 M1.2 M1.6 M
Slightly volatile
Interest Income17.2 M16.4 M3.7 M
Slightly volatile
Reconciled Depreciation42.4 M66.7 M23.6 M
Slightly volatile

Onto Innovation Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow156.9 M149.4 M61.3 M
Slightly volatile
Begin Period Cash Flow184.7 M175.9 M97.2 M
Slightly volatile
Depreciation70.6 M67.2 M26.9 M
Slightly volatile
Capital Expenditures23.7 M22.6 M8.6 M
Slightly volatile
Total Cash From Operating Activities180.6 M172 M69.9 M
Slightly volatile
End Period Cash Flow245.2 M233.5 M112.2 M
Slightly volatile
Stock Based Compensation26.8 M25.5 M11.5 M
Slightly volatile
Issuance Of Capital Stock7.8 M7.5 M2.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.423.014.7969
Pretty Stable
PTB Ratio1.491.92.7217
Pretty Stable
Days Sales Outstanding10710190.1434
Slightly volatile
Book Value Per Share30.5229.0726.2366
Slightly volatile
Stock Based Compensation To Revenue0.03070.02790.026
Pretty Stable
Capex To Depreciation0.310.330.3161
Pretty Stable
PB Ratio1.491.92.7217
Pretty Stable
EV To Sales2.162.884.5988
Pretty Stable
ROIC0.130.13950.0998
Slightly volatile
Inventory Turnover1.731.651.4908
Very volatile
Net Income Per Share4.274.072.575
Slightly volatile
Days Of Inventory On Hand198229249
Very volatile
Payables Turnover13.559.838.7893
Pretty Stable
Sales General And Administrative To Revenue0.140.07960.0957
Pretty Stable
Research And Ddevelopement To Revenue0.140.10.1373
Slightly volatile
Capex To Revenue0.01610.01650.0165
Pretty Stable
Cash Per Share10.479.989.3697
Slightly volatile
Days Payables Outstanding28.3538.4446.1805
Very volatile
ROE0.170.160.1035
Slightly volatile
PE Ratio12.8813.5664.6787
Very volatile
Return On Tangible Assets0.170.160.1227
Slightly volatile
Earnings Yield0.06270.05970.0363
Slightly volatile
Intangibles To Total Assets0.140.270.2883
Pretty Stable
Current Ratio8.68.137.0711
Very volatile
Tangible Book Value Per Share20.2419.2716.0329
Slightly volatile
Receivables Turnover3.23.754.2066
Slightly volatile
Graham Number54.1551.5837.1355
Slightly volatile
Shareholders Equity Per Share30.5229.0726.2366
Slightly volatile
Capex Per Share0.350.340.2391
Slightly volatile
Graham Net Net13.2412.6110.3057
Slightly volatile
Revenue Per Share19.2218.314.4089
Slightly volatile
Enterprise Value Over EBITDA15.829.5923.8385
Very volatile
Price Earnings Ratio12.8813.5664.6787
Very volatile
Operating Cycle277308336
Very volatile
Price Book Value Ratio1.491.92.7217
Pretty Stable
Days Of Payables Outstanding28.3538.4446.1805
Very volatile
Ebt Per Ebit1.341.170.9831
Very volatile
Company Equity Multiplier0.91.011.1374
Slightly volatile
Long Term Debt To Capitalization0.190.20.1756
Slightly volatile
Quick Ratio6.535.815.2758
Pretty Stable
Cash Ratio1.21.261.2755
Pretty Stable
Cash Conversion Cycle248269290
Very volatile
Days Of Inventory Outstanding198229249
Very volatile
Days Of Sales Outstanding10710190.1434
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.981.00.955
Slightly volatile
Price To Book Ratio1.491.92.7217
Pretty Stable
Fixed Asset Turnover13.0212.5710.7058
Very volatile
Enterprise Value Multiple15.829.5923.8385
Very volatile
Price Sales Ratio2.423.014.7969
Pretty Stable
Return On Assets0.120.110.0851
Slightly volatile
Asset Turnover0.650.640.5118
Pretty Stable
Net Profit Margin0.210.20.1637
Slightly volatile
Gross Profit Margin0.40.480.5164
Slightly volatile
Price Fair Value1.491.92.7217
Pretty Stable
Return On Equity0.170.160.1035
Slightly volatile

Onto Innovation Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap445.7 M424.5 M453.4 M
Slightly volatile
Enterprise Value398.3 M379.4 M406.4 M
Pretty Stable

Onto Fundamental Market Drivers

Forward Price Earnings24.2718
Cash And Short Term Investments697.8 M

Onto Upcoming Events

8th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
8th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Onto Innovation Financial Statements

Onto Innovation investors utilize fundamental indicators, such as revenue or net income, to predict how Onto Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue24.8 M13.1 M
Total Revenue815.9 M856.7 M
Cost Of Revenue395.6 M415.4 M
Stock Based Compensation To Revenue 0.03  0.03 
Sales General And Administrative To Revenue 0.08  0.14 
Research And Ddevelopement To Revenue 0.10  0.14 
Capex To Revenue 0.02  0.02 
Revenue Per Share 18.30  19.22 
Ebit Per Revenue 0.21  0.22 

Pair Trading with Onto Innovation

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Onto Innovation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Onto Innovation will appreciate offsetting losses from the drop in the long position's value.

Moving together with Onto Stock

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Moving against Onto Stock

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The ability to find closely correlated positions to Onto Innovation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Onto Innovation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Onto Innovation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Onto Innovation to buy it.
The correlation of Onto Innovation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Onto Innovation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Onto Innovation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Onto Innovation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Onto Innovation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Onto Innovation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Onto Innovation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Onto Innovation Stock:
Check out the analysis of Onto Innovation Correlation against competitors.
To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Onto Innovation. If investors know Onto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Onto Innovation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.466
Earnings Share
3.71
Revenue Per Share
19.124
Quarterly Revenue Growth
0.217
Return On Assets
0.055
The market value of Onto Innovation is measured differently than its book value, which is the value of Onto that is recorded on the company's balance sheet. Investors also form their own opinion of Onto Innovation's value that differs from its market value or its book value, called intrinsic value, which is Onto Innovation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Onto Innovation's market value can be influenced by many factors that don't directly affect Onto Innovation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Onto Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Onto Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Onto Innovation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.