Pricing Log in Create free account
Saturday 10 October 2026 Export all ONTO data to Excel Powerpack

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. In the quarter to June 2026, revenue grew 35.3%, EPS grew 76.8% and free cash flow grew 31.0%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.

294.53 1.86 +0.64%
Market cap
$14.4B
P/E
109×
Fwd P/E
48.8×
Dividend yield
—
F-score
5/9
Altman Z
19.00
Beneish M
−2.74
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.90
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — 1 1 —
Insider Ownership 1.30%

Capital & Financial Ratios $m

Market Cap 14,360.00
Revenue 1,120.14
Net Income 132.61
Free Cash Flow 252.47
Net Debt (410.42)
Current Ratio 9.73 (at or above 1.5: strong)
Debt/Equity 0.77
P/E ratio 109.49 (above 35: high)
Fwd P/E 48.80 (above 35: high)
P/S ratio 12.99 (above 10: high)
P/B ratio 7.57 (above 6: high)
Past 5Y EPS Growth 34.57% (at or above 15%: strong)
This Y EPS Growth 64.27% (at or above 15%: strong)
Next Y EPS Growth 44.92% (at or above 15%: strong)
Next Y revenue growth 43.15% (at or above 10%: strong)
Next 5Y EPS Growth 41.32% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 12.6×, against a ten-year median of 5.0×; over the ten years it ranged from 2.0× in 2020 to 16.3× in 2026.
P/E against its own 10 years 90.62%
10-year low 10-year high
P/S against its own 10 years 95.25%
10-year low 10-year high
P/B against its own 10 years 98.17%
10-year low 10-year high
EV/Sales against its own 10 years 96.39%
10-year low 10-year high
EV/FCF against its own 10 years 87.79%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 698 852 640 1,882
Receivables 227 308 269 337
Inventory 328 287 298 379
Other — — — —
1,283 1,478 1,268 2,642
2023 2024 2025 Q'26
Payables 50 56 108 139
ST’ Debt — — — —
Other 31 30 31 41
148 170 219 272

Compound Annual Growth %

10y 5y 3y
Sales 18.29% 12.55% 0.00%
Cash Flow 70.61% 25.37% 33.92%
Earnings 46.99% 34.54% (15.08%)
Book Value 27.34% 10.68% 9.58%

Revenue $m

Mar Jun Sep Dec Year
’26 292 343 — — —
’25 267 254 218 267 1,005
’24 229 242 252 264 987
’23 199 191 207 219 816
’22 241 256 254 253 1,005
’21 169 193 201 226 789
’20 140 135 126 155 556
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 26 62 — — —
’25 92 58 83 95 328
’24 57 65 67 56 246
’23 50 32 29 62 172
’22 45 10 32 49 137
’21 51 25 50 49 175
’20 9 38 26 33 106
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 23 58 — — —
’25 84 44 82 90 300
’24 50 53 59 51 214
’23 42 27 21 62 152
’22 43 6 29 41 118
’21 47 20 48 48 163
’20 8 36 25 33 102
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.67 1.21 — — —
’25 1.30 0.69 0.57 0.21 2.78
’24 0.94 1.07 1.07 0.98 4.06
’23 0.59 0.53 0.73 0.61 2.46
’22 1.07 1.03 1.05 1.34 4.49
’21 0.49 0.71 0.73 0.94 2.86
’20 (0.09) 0.15 0.16 0.40 0.63
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — 31.34 20.32 47.34 56.02 67.55 134.11 85.88

Analyst estimates 2026–2028

Powerpack
High — — — 36.83 49.11 103.77 106.09 158.50 238.93 228.42
People
People Employees 532 592 701 1,340 1,247 1,411 1,636 1,497 1,551 1,615
Revenue/emp, $m 0.42 0.43 0.39 0.23 0.45 0.56 0.61 0.55 0.64 0.62
Income, $m
Income, $m Revenue 221 255 274 306 556 789 1,005 816 987 1,005
Gross margin, % 51.61 52.76 54.16 44.14 50.04 54.39 53.64 51.51 52.19 49.72
EBT 29 60 53 (1) 27 156 242 133 220 163
EBT margin, % 13.18 23.44 19.48 (0.20) 4.83 19.73 24.03 16.25 22.33 16.20
Net income 44 33 45 2 31 142 223 121 202 137
Depreciation 8 6 6 32 78 66 65 62 55 56
Per share, $
Per share, $ Revenue 8.97 10.07 10.75 10.29 11.33 16.02 20.34 16.66 20.01 20.46
Earnings 1.79 1.19 1.77 0.06 0.63 2.89 4.52 2.47 4.09 2.78
Cash flow 1.85 2.53 1.38 0.61 2.16 3.56 2.77 3.51 4.98 6.68
Capex (0.16) (0.44) (0.30) (0.23) (0.08) (0.24) (0.37) (0.40) (0.65) (0.58)
Free cash flow 1.69 2.09 1.08 0.38 2.08 3.32 2.39 3.11 4.33 6.10
Book value 9.89 10.36 14.21 42.52 25.74 28.96 32.30 35.46 39.03 42.76
Shares, m 25 25 25 30 49 49 49 49 49 49
Valuation, ×
Valuation, × P/E 27.45 27.45 27.45 568.27 74.30 35.03 15.08 58.30 40.85 56.78
P/S 4.19 4.19 4.19 3.55 4.20 6.32 3.35 8.68 8.33 7.71
P/B 2.64 2.64 2.64 0.86 1.85 3.50 2.11 4.08 4.27 3.69
EV/Sales 3.54 3.54 3.54 2.57 3.56 5.69 2.82 7.84 7.48 7.09
EV/FCF (24.79) (24.79) (24.79) 69.29 19.37 27.49 23.97 42.03 34.55 23.78
Cash, $m
Cash, $m Operating cash flow 46 64 35 18 106 175 137 172 246 328
Capex (4) (11) (8) (7) (4) (12) (18) (20) (32) (29)
Free cash flow 42 53 28 11 102 163 118 152 214 300
Balance, $m
Balance, $m Working capital 174 196 306 556 612 794 974 1,136 1,307 1,049
Total debt — — — 25 20 18 22 — — —
Net debt (130) (117) (175) (320) (374) (511) (548) (698) (852) (640)
Shareholders’ equity 244 262 362 1,264 1,265 1,426 1,596 1,737 1,926 2,101
Returns, %
Returns, % ROA 16.83 11.02 12.39 0.20 2.13 9.13 12.97 6.54 10.02 6.10
ROIC 15.98 25.49 17.09 (0.33) 1.87 10.69 14.11 6.98 10.89 5.69
ROE 20.43 13.00 14.45 0.23 2.45 10.58 14.78 7.27 11.01 6.79
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Onto Innovation Inc. vs peers in Semiconductor Equipment & Materials (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
Q Qnity Electronics, Inc. $26.5B 45.2× 39.8× +22.14% (above 0%: growing) −37.61% (below 0%: shrinking) −29.91% (below 0%: shrinking) 46.61% 19.31% Compare
ENTG Entegris, Inc. $24.8B 82.9× 48.6× +11.46% (above 0%: growing) +74.29% (above 0%: growing) +148.72% (above 0%: growing) 47.55% 18.64% Compare
ONTO Onto Innovation Inc. $14.4B 109× 48.8× +35.30% (above 0%: growing) +76.81% (above 0%: growing) +30.97% (above 0%: growing) 53.41% 18.52%
AMKR Amkor Technology, Inc. $12.7B 21.9× 31.1× +25.58% (above 0%: growing) +218.18% (above 0%: growing) −276.02% (below 0%: shrinking) 16.79% 10.53% Compare
NVMI Nova Ltd. $11.3B 40.7× 50.8× +15.90% (above 0%: growing) +1.72% (above 0%: growing) −10.48% (below 0%: shrinking) 56.54% 29.88% Compare
FORM FormFactor, Inc. $10.7B 94.4× 64.7× +31.89% (above 0%: growing) +500.00% (above 0%: growing) +211.52% (above 0%: growing) 50.70% 22.38% Compare
CAMT Camtek Ltd. $7.0B 201× 52.5× +12.31% (above 0%: growing) −33.33% (below 0%: shrinking) +952.40% (above 0%: growing) 50.06% 20.43% Compare
ACMR ACM Research, Inc. $4.9B 31.7× 36.3× +36.01% (above 0%: growing) +178.72% (above 0%: growing) −19.43% (below 0%: shrinking) 45.96% 16.98% Compare
KLIC Kulicke and Soffa Industries, Inc. $4.8B 41.6× 34.7× +122.63% (above 0%: growing) n/m +856.72% (above 0%: growing) 47.80% 20.66% Compare
Median of peers $11.0B 43.4× 44.2× +23.86% +74.29% +69.12% 47.68% 19.87%

All 29 Semiconductor Equipment & Materials stocks →

Onto Innovation Inc. (ONTO) key facts

  • Strength: Onto Innovation Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, up 1.82% from fiscal 2024.
  • Onto Innovation Inc. (ONTO) is a Semiconductor Equipment & Materials company in the Technology sector, listed on the New York Stock Exchange.
  • As of October 9, 2026, ONTO traded at $294.53, a market capitalization of $14.4 billion.
  • Return on equity was 6.79% and debt-to-equity 0.77.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 19.00 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Onto Innovation Inc. (ONTO) Latest News

No news at this impact. Lower the threshold for more.
stockrow.com/ONTO · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com