Onto Operating Income from 2010 to 2026
| ONTO Stock | USD 202.05 0.00 0.00% |
Operating Income | First Reported 1995-06-30 | Previous Quarter 32.2 M | Current Value 23.7 M | Quarterly Volatility 28.5 M |
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.
Onto | Operating Income | Build AI portfolio with Onto Stock |
Evaluating Onto Innovation's Operating Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Onto Innovation's fundamental strength.
Latest Onto Innovation's Operating Income Growth Pattern
Below is the plot of the Operating Income of Onto Innovation over the last few years. Operating Income is the amount of profit realized from Onto Innovation operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Onto Innovation is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Onto Innovation's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Onto Innovation's overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Onto Operating Income Regression Statistics
| Arithmetic Mean | 83,422,195 | |
| Geometric Mean | 36,979,172 | |
| Coefficient Of Variation | 103.97 | |
| Mean Deviation | 74,925,194 | |
| Median | 51,084,000 | |
| Standard Deviation | 86,738,101 | |
| Sample Variance | 7523.5T | |
| Range | 241.8M | |
| R-Value | 0.83 | |
| Mean Square Error | 2501.5T | |
| R-Squared | 0.69 | |
| Significance | 0.000038 | |
| Slope | 14,250,351 | |
| Total Sum of Squares | 120376T |
Onto Operating Income History
Other Fundumenentals of Onto Innovation
Onto Innovation Operating Income component correlations
Click cells to compare fundamentals
About Onto Innovation Financial Statements
Onto Innovation investors utilize fundamental indicators, such as Operating 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 Reported | Projected for Next Year | ||
| Operating Income | 215.2 M | 225.9 M | |
| Non Operating Income Net Other | -126.9 K | -133.2 K |
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
| 0.94 | ON | ON Semiconductor Earnings Call This Week | PairCorr |
| 0.89 | AMK | Amkor Technology Earnings Call This Week | PairCorr |
Moving against Onto Stock
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.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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Will Semiconductors & Semiconductor Equipment sector continue expanding? Could Onto diversify its offerings? Factors like these will boost the valuation of Onto Innovation. Anticipated expansion of Onto directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Onto Innovation data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.47) | Earnings Share 3.37 | Revenue Per Share | Quarterly Revenue Growth (0.14) | Return On Assets |
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. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. 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.
It's important to distinguish between Onto Innovation's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Onto Innovation should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Onto Innovation's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.