Onto Innovation Stock Net Income

ONTO Stock  USD 206.74  0.00  0.00%   
As of the 26th of January, Onto Innovation holds the Risk Adjusted Performance of 0.1748, coefficient of variation of 438.23, and Semi Deviation of 2.46. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Onto Innovation, as well as the relationship between them.

Onto Innovation Total Revenue

1.19 Billion

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
10.5 B
Enterprise Value Revenue
9.5283
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 26th 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 This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income231.9 M243.5 M
Net Income From Continuing Ops231.9 M243.5 M
Net Income Applicable To Common Shares256.8 M269.7 M
Net Income Per Share 2.23  2.34 
Net Income Per E B T 1.05  0.95 
At this time, Onto Innovation's Net Income is very stable compared to the past year. As of the 26th of January 2026, Net Income From Continuing Ops is likely to grow to about 243.5 M, while Net Income Per E B T is likely to drop 0.95.
  
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Latest Onto Innovation's Net Income Growth Pattern

Below is the plot of the Net Income of Onto Innovation over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Onto Innovation financial statement analysis. It represents the amount of money remaining after all of Onto Innovation operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Onto Innovation's Net 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.
ViewLast Reported 201.67 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Onto Net Income Regression Statistics

Arithmetic Mean82,470,943
Coefficient Of Variation109.86
Mean Deviation78,720,396
Median36,952,000
Standard Deviation90,601,272
Sample Variance8208.6T
Range248.2M
R-Value0.84
Mean Square Error2599.5T
R-Squared0.70
Significance0.000026
Slope15,044,487
Total Sum of Squares131337.4T

Onto Net Income History

2026243.5 M
2025231.9 M
2024201.7 M
2023121.2 M
2022223.3 M
2021142.3 M
202031 M

Other Fundumenentals of Onto Innovation

Onto Innovation Net Income component correlations

Onto Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Onto Innovation is extremely important. It helps to project a fair market value of Onto Stock properly, considering its historical fundamentals such as Net Income. Since Onto Innovation's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Onto Innovation's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Onto Innovation's interrelated accounts and indicators.
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
3.56
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.

Onto Innovation 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Onto Innovation's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Onto Innovation.
0.00
10/28/2025
No Change 0.00  0.0 
In 3 months and 1 day
01/26/2026
0.00
If you would invest  0.00  in Onto Innovation on October 28, 2025 and sell it all today you would earn a total of 0.00 from holding Onto Innovation or generate 0.0% return on investment in Onto Innovation over 90 days. Onto Innovation is related to or competes with Universal Display, Cirrus Logic, Camtek, Semtech, ExlService Holdings, Dolby Laboratories, and Shift4 Payments. Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that performs... More

Onto Innovation Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Onto Innovation's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Onto Innovation upside and downside potential and time the market with a certain degree of confidence.

Onto Innovation Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Onto Innovation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Onto Innovation's standard deviation. In reality, there are many statistical measures that can use Onto Innovation historical prices to predict the future Onto Innovation's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Onto Innovation's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
209.83212.91215.99
Details
Intrinsic
Valuation
LowRealHigh
190.69217.51220.59
Details
Naive
Forecast
LowNextHigh
210.55213.63216.71
Details
9 Analysts
Consensus
LowTargetHigh
189.39208.12231.02
Details

Onto Innovation January 26, 2026 Technical Indicators

Onto Innovation Backtested Returns

Onto Innovation appears to be very steady, given 3 months investment horizon. Onto Innovation maintains Sharpe Ratio (i.e., Efficiency) of 0.26, which implies the firm had a 0.26 % return per unit of risk over the last 3 months. By analyzing Onto Innovation's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please evaluate Onto Innovation's Risk Adjusted Performance of 0.1748, coefficient of variation of 438.23, and Semi Deviation of 2.46 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Onto Innovation holds a performance score of 20. The company holds a Beta of 1.8, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Onto Innovation will likely underperform. Please check Onto Innovation's total risk alpha, downside variance, as well as the relationship between the Downside Variance and rate of daily change , to make a quick decision on whether Onto Innovation's historical price patterns will revert.

Auto-correlation

    
  0.67  

Good predictability

Onto Innovation has good predictability. Overlapping area represents the amount of predictability between Onto Innovation time series from 28th of October 2025 to 12th of December 2025 and 12th of December 2025 to 26th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Onto Innovation price movement. The serial correlation of 0.67 indicates that around 67.0% of current Onto Innovation price fluctuation can be explain by its past prices.
Correlation Coefficient0.67
Spearman Rank Test0.46
Residual Average0.0
Price Variance581.6
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Onto Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(11.85 Million)

Onto Innovation reported last year Accumulated Other Comprehensive Income of (12.48 Million)
Based on the recorded statements, Onto Innovation reported net income of 201.67 M. This is 62.58% lower than that of the Semiconductors & Semiconductor Equipment sector and 60.49% lower than that of the Information Technology industry. The net income for all United States stocks is 64.68% higher than that of the company.

Onto Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Onto Innovation's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Onto Innovation could also be used in its relative valuation, which is a method of valuing Onto Innovation by comparing valuation metrics of similar companies.
Onto Innovation is currently under evaluation in net income category among its peers.

Onto Innovation ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Onto Innovation's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Onto Innovation's managers, analysts, and investors.
Environmental
Governance
Social

Onto Innovation Institutional Holders

Institutional Holdings refers to the ownership stake in Onto Innovation that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Onto Innovation's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Onto Innovation's value.
Shares
Geode Capital Management, Llc2025-06-30
878 K
Dimensional Fund Advisors, Inc.2025-06-30
777.1 K
Millennium Management Llc2025-06-30
721.9 K
Norges Bank2025-06-30
713 K
Barclays Plc2025-06-30
702.6 K
Franklin Resources Inc2025-06-30
674.5 K
Rafferty Asset Management, Llc2025-06-30
639.6 K
Two Sigma Investments Llc2025-06-30
607.1 K
Bnp Paribas Arbitrage, Sa2025-06-30
566.1 K
Blackrock Inc2025-06-30
6.5 M
Vanguard Group Inc2025-06-30
5.4 M

Onto Fundamentals

About Onto Innovation Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Onto Innovation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Onto Innovation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Onto Innovation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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

  0.93MU Micron Technology Aggressive PushPairCorr
  0.83VECO Veeco InstrumentsPairCorr
  0.8MXL MaxLinear Earnings Call This WeekPairCorr

Moving against Onto Stock

  0.49SQNS Sequans CommunicationsPairCorr
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 Onto Innovation Piotroski F Score and Onto Innovation Altman Z Score analysis.
To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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
3.56
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.