Onto Innovation Inc.

ONTO Technology Semiconductor Equipment & Materials

Onto Innovation Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, up 1.82% from fiscal 2024.

Revenue
+35.3%
EPS
+76.8%
Free cash flow
+31.0%

Quarter to June 2026, against a year earlier

171.91 15.92 +10.21%
Market cap
$7.7B
P/E
58.7×
Fwd P/E
33.2×
Dividend yield
—
F-score
5/9
Altman Z
19.00
Beneish M
−2.74
Dividend safety
n/a

Onto Innovation Inc. (ONTO) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Onto Innovation Inc. (ONTO) trades at a price to free cash flow of 30.9×. Over the past ten years it has ranged from 0.0× (December 2019) to 109× (February 2020); the current reading is higher than 58% of that period. That is in line with the Semiconductor Equipment & Materials industry median of 31.5× and above the Technology sector median of 18.7×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 25.9× (32.77%)
FY2024 38.5× (17.30%)
FY2023 46.5× 63.41%
FY2022 28.5× (6.77%)
FY2021 30.5× 33.51%
FY2020 22.9× (76.12%)
FY2019 95.8× 279.02%
FY2018 25.3× 113.20%
FY2017 11.9× (19.69%)
FY2016 14.8× (16.00%)

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 74.1× 73.39%
Mar 2026 42.7× 65.15%
Dec 2025 25.9× 6.70%
Sep 2025 24.2× 17.08%
42 more quarters

Against its own ten years

Low 0.0× High 109×
Ten-year median 28.1×
Current reading's percentile 58

Price to free cash flow against peers

Company Price to free cash flow
AXTI AXT Inc compare n/m
AMKR Amkor Technology, Inc. compare n/m
CAMT Camtek Ltd. compare 18.6×
Q Qnity Electronics, Inc. compare 29.6×
ONTO Onto Innovation Inc. 30.9×
FORM FormFactor, Inc. compare 31.3×
ENTG Entegris, Inc. compare 31.7×
NVMI Nova Ltd. compare 47.2×
KLIC Kulicke and Soffa Industries, Inc. compare 76.9×
Semiconductor Equipment & Materials industry median 31.5×
Technology sector median 18.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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