Onto Innovation Inc. | Mid-cap | Technology
$97.04
0.26%
| Onto Innovation Stock Comparison:
Onto Innovation vs Applied MaterialsOnto Innovation vs Lam ResearchOnto Innovation vs NovaOnto Innovation vs Amkor TechnologyOnto Innovation vs CamtekOnto Innovation vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 987.3M
Gross Profit 515.3M 52.19%
Operating Income 187.1M 18.95%
Net Income 201.7M 20.43%

Balance Sheet Metrics

Total Assets 2.1B
Total Liabilities 191.2M
Shareholders Equity 1.9B
Debt to Equity 0.10

Cash Flow Metrics

Operating Cash Flow 212.4M
Free Cash Flow 213.8M

Revenue & Profitability Trend

Onto Innovation Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 987.3M 815.9M 1.0B 788.9M 556.5M
Cost of Goods Sold 472.0M 395.6M 466.0M 359.8M 278.0M
Gross Profit 515.3M 420.3M 539.2M 429.1M 278.5M
Operating Expenses 278.8M 249.4M 247.2M 221.3M 198.0M
Operating Income 187.1M 116.1M 236.7M 156.4M 26.7M
Pre-tax Income 220.4M 132.6M 241.6M 155.7M 26.9M
Income Tax 18.8M 11.4M 18.2M 13.3M -4.2M
Net Income 201.7M 121.2M 223.3M 142.3M 31.0M
EPS (Diluted) - $2.46 $4.49 $2.86 $0.63

Income Statement Trend

Onto Innovation Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 1.5B 1.3B 1.1B 948.1M 731.7M
Non-Current Assets 639.6M 626.4M 660.0M 701.7M 736.5M
Total Assets 2.1B 1.9B 1.8B 1.6B 1.5B
Liabilities
Current Liabilities 170.1M 147.7M 160.6M 154.5M 120.1M
Non-Current Liabilities 21.1M 25.5M 37.9M 69.2M 83.3M
Total Liabilities 191.2M 173.2M 198.4M 223.8M 203.4M
Equity
Total Shareholders Equity 1.9B 1.7B 1.6B 1.4B 1.3B

Balance Sheet Composition

Onto Innovation Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 201.7M 121.2M 223.3M 142.4M 31.0M
Operating Cash Flow 212.4M 187.3M 115.4M 146.2M 62.0M
Investing Activities
Capital Expenditures -31.9M -19.8M -18.4M -12.0M -3.8M
Investing Cash Flow -226.5M -103.4M -55.7M -141.8M -48.6M
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow -44.9M -14.8M -76.4M -7.4M -53.7M
Free Cash Flow 213.8M 149.4M 118.3M 163.2M 102.2M

Cash Flow Trend

Onto Innovation Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 21.22
Forward P/E 13.98
Price to Book 2.39
Price to Sales 4.47
PEG Ratio 13.98

Profitability Ratios

Profit Margin 21.36%
Operating Margin 25.04%
Return on Equity 11.83%
Return on Assets 6.46%

Financial Health

Current Ratio 8.42
Debt to Equity 0.76
Beta 1.45

Per Share Data

EPS (TTM) $4.42
Book Value per Share $39.31
Revenue per Share $20.78

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
onto 4.6B 21.22 2.39 11.83% 21.36% 0.76
Applied Materials 138.0B 20.92 7.28 36.37% 24.06% 35.18
Lam Research 117.2B 25.52 12.36 53.14% 27.19% 47.15
Nova 6.9B 35.31 6.97 23.87% 28.46% 24.00
Amkor Technology 5.0B 15.83 1.20 7.73% 5.04% 33.48
Camtek 3.4B 28.68 5.81 24.82% 28.40% 33.71

Financial data is updated regularly. All figures are in the company's reporting currency.