Onto Historical Income Statement

ONTO Stock

USD 165.19 1.10 0.66%

Historical analysis of Onto Innovation income statement accounts such as Total Revenue of 856.7 M can show how well Onto Innovation performed in making a profits. Evaluating Onto Innovation income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Onto Innovation's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Onto Innovation latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Onto Innovation is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onto Innovation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.

About Onto Income Statement Analysis

Onto Innovation Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Onto Innovation shareholders. The income statement also shows Onto investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Onto Innovation Income Statement Chart

At this time, Onto Innovation's Operating Income is very stable compared to the past year. As of the 25th of November 2024, EBIT is likely to grow to about 121.9 M, while Selling And Marketing Expenses is likely to drop about 33.6 M.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Non Recurring

Total Revenue

Total revenue comprises all receipts Onto Innovation generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Onto Innovation minus its cost of goods sold. It is profit before Onto Innovation operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Onto Innovation. It is also known as Onto Innovation overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Onto Innovation's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Onto Innovation current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Onto Innovation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.At this time, Onto Innovation's Operating Income is very stable compared to the past year. As of the 25th of November 2024, EBIT is likely to grow to about 121.9 M, while Selling And Marketing Expenses is likely to drop about 33.6 M.

	2021	2022	2023	2024 (projected)
Interest Expense	725K	5.0M	5.8M	6.1M
Depreciation And Amortization	65.8M	64.7M	67.2M	70.6M

Interest Expense Depreciation And Amortization

Onto Innovation income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Non Operating Income Net Other	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.09	0.95	0.94	0.93	0.96	0.73	0.75	0.93	0.88	0.95	0.97	0.75	0.34	0.78	0.31	0.81	0.75	-0.46	0.1	0.76	0.66	-0.7	0.97	0.54
Interest Expense	0.09		0.24	0.25	0.24	0.26	0.18	0.21	0.28	0.19	0.26	0.25	0.2	0.27	0.22	-0.01	0.11	0.19	-0.16	-0.11	0.37	0.43	0.34	0.03	0.45
Selling General Administrative	0.95	0.24		0.94	0.92	0.97	0.68	0.71	0.95	0.83	0.95	0.98	0.72	0.45	0.74	0.33	0.79	0.74	-0.56	0.09	0.87	0.78	-0.51	0.9	0.63
Total Revenue	0.94	0.25	0.94		1.0	0.99	0.89	0.9	0.98	0.97	1.0	0.98	0.91	0.4	0.92	0.46	0.88	0.88	-0.53	0.3	0.77	0.68	-0.5	0.89	0.53
Gross Profit	0.93	0.24	0.92	1.0		0.98	0.91	0.92	0.98	0.98	0.99	0.97	0.93	0.38	0.94	0.48	0.88	0.89	-0.52	0.33	0.74	0.66	-0.49	0.87	0.51
Other Operating Expenses	0.96	0.26	0.97	0.99	0.98		0.83	0.85	0.99	0.93	1.0	0.99	0.85	0.41	0.87	0.41	0.86	0.84	-0.54	0.22	0.8	0.72	-0.53	0.91	0.56
Operating Income	0.73	0.18	0.68	0.89	0.91	0.83		0.99	0.82	0.96	0.86	0.77	1.0	0.33	0.99	0.63	0.82	0.94	-0.46	0.6	0.53	0.47	-0.29	0.66	0.32
Ebit	0.75	0.21	0.71	0.9	0.92	0.85	0.99		0.83	0.98	0.88	0.8	0.99	0.25	0.99	0.55	0.82	0.94	-0.42	0.51	0.55	0.48	-0.31	0.69	0.34
Research Development	0.93	0.28	0.95	0.98	0.98	0.99	0.82	0.83		0.91	0.98	0.99	0.84	0.42	0.85	0.44	0.88	0.81	-0.6	0.27	0.78	0.7	-0.52	0.88	0.55
Ebitda	0.88	0.19	0.83	0.97	0.98	0.93	0.96	0.98	0.91		0.95	0.9	0.97	0.3	0.98	0.5	0.87	0.93	-0.45	0.4	0.65	0.57	-0.46	0.82	0.43
Cost Of Revenue	0.95	0.26	0.95	1.0	0.99	1.0	0.86	0.88	0.98	0.95		0.98	0.88	0.41	0.9	0.44	0.87	0.87	-0.54	0.27	0.79	0.71	-0.5	0.9	0.55
Total Operating Expenses	0.97	0.25	0.98	0.98	0.97	0.99	0.77	0.8	0.99	0.9	0.98		0.8	0.4	0.82	0.36	0.85	0.79	-0.53	0.16	0.81	0.72	-0.58	0.93	0.58
Income Before Tax	0.75	0.2	0.72	0.91	0.93	0.85	1.0	0.99	0.84	0.97	0.88	0.8		0.39	0.99	0.63	0.82	0.96	-0.46	0.58	0.6	0.54	-0.28	0.68	0.39
Total Other Income Expense Net	0.34	0.27	0.45	0.4	0.38	0.41	0.33	0.25	0.42	0.3	0.41	0.4	0.39		0.33	0.58	0.2	0.48	-0.38	0.45	0.68	0.74	0.13	0.27	0.68
Net Income	0.78	0.22	0.74	0.92	0.94	0.87	0.99	0.99	0.85	0.98	0.9	0.82	0.99	0.33		0.53	0.82	0.95	-0.42	0.5	0.59	0.53	-0.31	0.71	0.39
Income Tax Expense	0.31	-0.01	0.33	0.46	0.48	0.41	0.63	0.55	0.44	0.5	0.44	0.36	0.63	0.58	0.53		0.44	0.61	-0.53	0.86	0.37	0.36	0.03	0.24	0.22
Selling And Marketing Expenses	0.81	0.11	0.79	0.88	0.88	0.86	0.82	0.82	0.88	0.87	0.87	0.85	0.82	0.2	0.82	0.44		0.74	-0.61	0.33	0.54	0.44	-0.51	0.85	0.4
Net Income From Continuing Ops	0.75	0.19	0.74	0.88	0.89	0.84	0.94	0.94	0.81	0.93	0.87	0.79	0.96	0.48	0.95	0.61	0.74		-0.37	0.51	0.7	0.65	-0.2	0.67	0.52
Non Recurring	-0.46	-0.16	-0.56	-0.53	-0.52	-0.54	-0.46	-0.42	-0.6	-0.45	-0.54	-0.53	-0.46	-0.38	-0.42	-0.53	-0.61	-0.37		-0.33	-0.44	-0.37	0.2	-0.46	-0.25
Tax Provision	0.1	-0.11	0.09	0.3	0.33	0.22	0.6	0.51	0.27	0.4	0.27	0.16	0.58	0.45	0.5	0.86	0.33	0.51	-0.33		0.12	0.13	0.14	0.04	0.02
Net Interest Income	0.76	0.37	0.87	0.77	0.74	0.8	0.53	0.55	0.78	0.65	0.79	0.81	0.6	0.68	0.59	0.37	0.54	0.7	-0.44	0.12		0.98	-0.16	0.7	0.86
Interest Income	0.66	0.43	0.78	0.68	0.66	0.72	0.47	0.48	0.7	0.57	0.71	0.72	0.54	0.74	0.53	0.36	0.44	0.65	-0.37	0.13	0.98		-0.06	0.6	0.9
Non Operating Income Net Other	-0.7	0.34	-0.51	-0.5	-0.49	-0.53	-0.29	-0.31	-0.52	-0.46	-0.5	-0.58	-0.28	0.13	-0.31	0.03	-0.51	-0.2	0.2	0.14	-0.16	-0.06		-0.74	-0.05
Reconciled Depreciation	0.97	0.03	0.9	0.89	0.87	0.91	0.66	0.69	0.88	0.82	0.9	0.93	0.68	0.27	0.71	0.24	0.85	0.67	-0.46	0.04	0.7	0.6	-0.74		0.53
Extraordinary Items	0.54	0.45	0.63	0.53	0.51	0.56	0.32	0.34	0.55	0.43	0.55	0.58	0.39	0.68	0.39	0.22	0.4	0.52	-0.25	0.02	0.86	0.9	-0.05	0.53

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Onto Innovation Account Relationship Matchups

Onto Innovation income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	16.4M	67.6M	65.8M	64.7M	67.2M	70.6M
Interest Expense	3.7M	191K	725K	5.0M	5.8M	6.1M
Selling General Administrative	53.0M	65.3M	68.0M	69.6M	83.1M	87.3M
Total Revenue	305.9M	556.5M	788.9M	1.0B	815.9M	856.7M
Gross Profit	135.0M	278.5M	429.1M	539.2M	420.3M	441.3M
Other Operating Expenses	310.9M	529.8M	632.5M	768.5M	699.8M	734.8M
Operating Income	(5.7M)	26.7M	156.4M	236.7M	116.1M	121.9M
Ebit	(5.7M)	26.7M	156.4M	236.7M	116.1M	121.9M
Research Development	48.4M	84.6M	96.1M	112.0M	104.4M	109.7M
Ebitda	10.7M	94.3M	222.2M	301.4M	183.3M	192.5M
Cost Of Revenue	170.9M	278.0M	359.8M	466.0M	395.6M	415.4M
Total Operating Expenses	140.1M	251.8M	272.7M	302.5M	304.2M	319.4M
Income Before Tax	(597K)	26.9M	155.7M	241.6M	132.6M	139.2M
Total Other Income Expense Net	5.1M	191K	(725K)	4.9M	16.5M	17.3M
Net Income	1.9M	31.0M	142.3M	223.3M	121.2M	127.2M
Income Tax Expense	(2.5M)	(4.2M)	13.3M	18.3M	11.4M	12.0M
Selling And Marketing Expenses	28.3M	48.1M	57.2M	65.7M	61.8M	33.6M
Net Income From Continuing Ops	1.9M	(2.7M)	142.3M	223.3M	157.1M	164.9M
Net Income Applicable To Common Shares	1.9M	(2.7M)	142.3M	223.3M	256.8M	269.7M
Tax Provision	(2.5M)	(4.2M)	13.3M	18.3M	7.2M	7.4M
Net Interest Income	3.7M	2.9M	1.2M	5.0M	16.4M	17.2M
Non Operating Income Net Other	780K	(2.7M)	(1.9M)	(141K)	(126.9K)	(133.2K)
Reconciled Depreciation	16.4M	67.6M	51.4M	55.3M	66.7M	42.4M

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

0.79	VECO	Veeco Instruments	Pair Corr
0.83	FORM	FormFactor	Pair Corr
0.78	TER	Teradyne	Pair Corr

Moving against Onto Stock

0.81	EHGO	Eshallgo Class A	Pair Corr
0.63	CWAN	Clearwater Analytics	Pair Corr
0.53	ASAN	Asana Inc Sell-off Trend	Pair Corr
0.39	CSCO	Cisco Systems Aggressive Push	Pair Corr

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 Correlation Correlation 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:

How To Invest In Onto

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Is Onto Stock a good investment?

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What is Onto Innovation's Net Worth?

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Largest Semiconductors & Semiconductor Equipment Companies

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Largest Information Technology Companies

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To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.

You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Onto Historical Income Statement

About Onto Income Statement Analysis

Onto Innovation Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Onto Innovation income statement Correlations

Onto Innovation Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Onto Innovation income statement Accounts

Pair Trading with Onto Innovation

Moving together with Onto Stock

Moving against Onto Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Gross Profit	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Income Before Tax	+ 1.0	Operating Income
Other Operating Expenses	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Gross Profit

Reconciled Depreciation	- 0.74	Non Operating Income Net Other
Non Operating Income Net Other	- 0.7	Depreciation And Amortization
Non Recurring	- 0.61	Selling And Marketing Expenses
Non Recurring	- 0.6	Research Development
Non Operating Income Net Other	- 0.58	Total Operating Expenses
Non Recurring	- 0.56	Selling General Administrative