Onto Financial Statements From 2010 to 2026

ONTO Stock  USD 184.00  3.26  1.74%   
Onto Innovation's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Onto Innovation's valuation are provided below:
Gross Profit
532.9 M
Profit Margin
0.1746
Market Capitalization
9.1 B
Enterprise Value Revenue
8.1472
Revenue
B
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 2026 to make sure the company can sustain itself down the road. As of the 8th of January 2026, 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

1.19 Billion

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 75.2 M, Interest Expense of 6.1 M or Selling General Administrative of 103.7 M, as well as many indicators such as Price To Sales Ratio of 8.67, Dividend Yield of 0.0 or PTB Ratio of 4.07. Onto financial statements analysis is a perfect complement when working with Onto Innovation Valuation or Volatility modules.
  
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Check out the analysis of Onto Innovation Correlation against competitors.
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Onto Innovation Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets2.6 B2.4 B1.1 B
Slightly volatile
Short and Long Term Debt Total20.1 M17.4 M29.2 M
Slightly volatile
Other Current Liabilities65.9 M62.7 M33.7 M
Slightly volatile
Total Current Liabilities205.4 M195.6 M94.1 M
Slightly volatile
Total Stockholder Equity2.3 B2.2 B945.3 M
Slightly volatile
Property Plant And Equipment Net166.4 M158.5 M63.7 M
Slightly volatile
Accounts Payable67.9 M64.7 M31.3 M
Slightly volatile
Cash257.1 M244.9 M159.2 M
Slightly volatile
Non Current Assets Total772.3 M735.5 M367.5 M
Slightly volatile
Cash And Short Term InvestmentsB980.2 M389.5 M
Slightly volatile
Net Receivables372.1 M354.4 M141.4 M
Slightly volatile
Common Stock Total Equity41.9 K44.1 K681.8 K
Slightly volatile
Common Stock Shares Outstanding29.9 M57.1 M36.9 M
Slightly volatile
Short Term Investments772.1 M735.3 M262.9 M
Slightly volatile
Liabilities And Stockholders Equity2.6 B2.4 B1.1 B
Slightly volatile
Non Current Liabilities Total25.9 M24.3 M39.3 M
Very volatile
Inventory346.5 M330 M162.9 M
Slightly volatile
Other Current Assets36.3 M34.6 M16.5 M
Slightly volatile
Total Liabilities230.9 M219.9 M133.4 M
Slightly volatile
Property Plant And Equipment Gross246.4 M234.7 M91.4 M
Slightly volatile
Total Current Assets1.8 B1.7 B711.2 M
Slightly volatile
Common Stock41.9 K44.1 K684.4 K
Slightly volatile
Short Term Debt8.4 M6.2 M10.6 M
Slightly volatile
Intangible Assets75.7 M146.6 M109.3 M
Slightly volatile
Current Deferred Revenue53.8 M51.2 M21.9 M
Slightly volatile
Good Will398.5 M379.5 M174.7 M
Slightly volatile
Net Tangible Assets1.3 B1.2 B562.1 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 B745.3 M
Slightly volatile
Deferred Long Term LiabilitiesM8.5 M13.3 M
Pretty Stable
Non Current Liabilities Other16.9 M8.5 M13.7 M
Slightly volatile
Deferred Long Term Asset ChargesM13.7 M8.8 M
Slightly volatile
Property Plant Equipment67.4 M105.8 M65.6 M
Slightly volatile
Other Liabilities40.3 M24.8 M26.4 M
Slightly volatile
Other Assets0.860.920.2 M
Slightly volatile
Net Invested Capital1.4 B2.2 B930.5 M
Slightly volatile
Net Working Capital820.1 M1.5 B602.7 M
Slightly volatile
Capital Stock51.2 K56.4 K40.1 K
Slightly volatile
Capital Lease Obligations16 M13.6 M22 M
Slightly volatile

Onto Innovation Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization75.2 M71.7 M30.8 M
Slightly volatile
Interest Expense6.1 M5.8 M3.5 M
Slightly volatile
Selling General Administrative103.7 M98.7 M48.9 M
Slightly volatile
Total Revenue1.2 B1.1 B503.3 M
Slightly volatile
Gross Profit622.2 M592.6 M263 M
Slightly volatile
Other Operating Expenses966.3 M920.3 M421.5 M
Slightly volatile
Research Development141 M134.3 M69.3 M
Slightly volatile
EBITDA301.2 M286.8 M113.7 M
Slightly volatile
Cost Of Revenue570 M542.8 M240.3 M
Slightly volatile
Total Operating Expenses396.3 M377.4 M181.2 M
Slightly volatile
Selling And Marketing Expenses92 M87.6 M43.3 M
Slightly volatile
Non Recurring1.6 M1.2 M1.6 M
Slightly volatile
Interest Income40.4 M38.5 M8.9 M
Slightly volatile
Reconciled Depreciation45.6 M71.7 M28.9 M
Slightly volatile

Onto Innovation Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow258.1 M245.8 M87.1 M
Slightly volatile
Begin Period Cash Flow282 M268.5 M121 M
Slightly volatile
Depreciation75.2 M71.7 M31.9 M
Slightly volatile
Capital Expenditures38.5 M36.7 M12.5 M
Slightly volatile
Total Cash From Operating Activities296.7 M282.5 M99.6 M
Slightly volatile
End Period Cash Flow257.1 M244.9 M126.6 M
Slightly volatile
Stock Based Compensation34.5 M32.9 M14.2 M
Slightly volatile
Issuance Of Capital Stock7.8 M7.5 MM
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio8.678.264.9546
Slightly volatile
PTB Ratio4.073.882.7402
Slightly volatile
Days Sales Outstanding10811797.5457
Slightly volatile
Book Value Per Share33.5131.9122.2698
Slightly volatile
Free Cash Flow Yield0.02550.0180.0343
Slightly volatile
Operating Cash Flow Per Share3.323.162.1221
Slightly volatile
Stock Based Compensation To Revenue0.03070.0360.0279
Slightly volatile
Capex To Depreciation0.670.390.5762
Pretty Stable
PB Ratio4.073.882.7402
Slightly volatile
EV To Sales8.428.024.5949
Slightly volatile
Free Cash Flow Per Share2.882.751.8486
Slightly volatile
Inventory Turnover1.731.391.4601
Slightly volatile
Days Of Inventory On Hand198272256
Slightly volatile
Payables Turnover13.49.1211.721
Slightly volatile
Sales General And Administrative To Revenue0.140.120.1123
Very volatile
Research And Ddevelopement To Revenue0.140.120.1615
Slightly volatile
Capex To Revenue0.01640.02490.0219
Very volatile
Cash Per Share13.4712.829.0522
Slightly volatile
POCF Ratio41.1539.1939.3102
Very volatile
Capex To Operating Cash Flow0.0880.120.1959
Slightly volatile
PFCF Ratio43.5445.1176.1041
Pretty Stable
Days Payables Outstanding28.5741.4138.0101
Slightly volatile
EV To Operating Cash Flow39.9738.0734.8688
Very volatile
EV To Free Cash Flow37.5843.8265.0633
Pretty Stable
Intangibles To Total Assets0.140.230.1931
Slightly volatile
Current Ratio8.649.997.7298
Very volatile
Tangible Book Value Per Share24.1923.0315.6137
Slightly volatile
Receivables Turnover4.374.144.0838
Pretty Stable
Graham Number41.9939.9930.2366
Slightly volatile
Shareholders Equity Per Share33.5131.9122.2698
Slightly volatile
Debt To Equity0.00540.01010.0663
Slightly volatile
Capex Per Share0.440.410.2735
Slightly volatile
Graham Net Net16.5715.7810.1245
Slightly volatile
Revenue Per Share15.7414.9911.6619
Slightly volatile
Interest Debt Per Share0.440.460.7868
Slightly volatile
Debt To Assets0.01120.01180.0502
Slightly volatile
Enterprise Value Over EBITDA37.535.7230.4526
Pretty Stable
Operating Cycle276363350
Pretty Stable
Price Book Value Ratio4.073.882.7402
Slightly volatile
Days Of Payables Outstanding28.5741.4138.0101
Slightly volatile
Price To Operating Cash Flows Ratio41.1539.1939.3102
Very volatile
Price To Free Cash Flows Ratio43.5445.1176.1041
Pretty Stable
Ebt Per Ebit1.341.311.1899
Very volatile
Company Equity Multiplier0.90.991.1814
Slightly volatile
Long Term Debt To Capitalization0.190.20.1712
Slightly volatile
Total Debt To Capitalization0.01210.01280.0571
Slightly volatile
Debt Equity Ratio0.00540.01010.0663
Slightly volatile
Quick Ratio6.577.445.8827
Very volatile
Dividend Paid And Capex Coverage Ratio4.326.868.9205
Pretty Stable
Cash Ratio3.111.822.5019
Slightly volatile
Cash Conversion Cycle248322312
Pretty Stable
Operating Cash Flow Sales Ratio0.20.190.1649
Pretty Stable
Days Of Inventory Outstanding198272256
Slightly volatile
Days Of Sales Outstanding10811797.5457
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.981.00.8152
Slightly volatile
Cash Flow Coverage Ratios4.57.936.9984
Pretty Stable
Price To Book Ratio4.073.882.7402
Slightly volatile
Fixed Asset Turnover12.857.6911.6498
Slightly volatile
Capital Expenditure Coverage Ratio4.326.868.9205
Pretty Stable
Price Cash Flow Ratio41.1539.1939.3102
Very volatile
Enterprise Value Multiple37.535.7230.4526
Pretty Stable
Debt Ratio0.01120.01180.0502
Slightly volatile
Cash Flow To Debt Ratio4.57.936.9984
Pretty Stable
Price Sales Ratio8.678.264.9546
Slightly volatile
Asset Turnover0.650.490.5208
Pretty Stable
Gross Profit Margin0.40.460.5106
Slightly volatile
Price Fair Value4.073.882.7402
Slightly volatile

Onto Innovation Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap445.7 M424.5 M441.7 M
Slightly volatile
Enterprise Value398.3 M379.4 M397.1 M
Slightly volatile

Onto Fundamental Market Drivers

Forward Price Earnings29.9401
Cash And Short Term Investments852.3 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 Revenue51.2 M53.8 M
Total Revenue1.1 B1.2 B
Cost Of Revenue542.8 M570 M
Stock Based Compensation To Revenue 0.04  0.03 
Sales General And Administrative To Revenue 0.12  0.14 
Research And Ddevelopement To Revenue 0.12  0.14 
Capex To Revenue 0.02  0.02 
Revenue Per Share 14.99  15.74 
Ebit Per Revenue 0.14  0.13 

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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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
(0.47)
Earnings Share
3.55
Revenue Per Share
20.403
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0569
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.