What is Onto Innovation Inc's earnings per share (EPS)?

Onto Innovation Inc (ONTO) reported diluted earnings per share of $2.78 for fiscal year 2026. This represents a -31.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Onto Innovation Inc Financials

ONTO

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE January

This page shows Onto Innovation Inc (ONTO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI ONTO FY2026 2026-05-05

A cash-rich, low-debt operating model lets Onto convert steady sales into strong free cash flow despite margin compression.

Revenue stayed near $1.0B from FY2024 to FY2026, but operating margin compressed from 19.0% to 13.2%. Free cash flow still reached $300M while capex was only $29M, so the recent pressure looked more like weaker expense absorption than a deterioration in the company’s cash economics.

With $346M of cash against $267M of total liabilities, the company is operating from a net-cash balance sheet rather than leaning on creditors. Its liquidity cushion is also unusually wide at 5.8x current ratio, which means short-term obligations are funded internally and margin swings matter more than refinancing.

Gross margin slipped to 49.7% while SG&A plus R&D rose to $239M, so a roughly flat sales base could not cover a larger overhead load. Goodwill reached $644M, which makes the asset base more intangible-heavy and hints that part of the company’s scale-up came through acquisitions rather than only internal build-out.

Financial Health Signals

Financial Profile 68/100

Based on FY2026 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Onto Innovation Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Onto Innovation Inc has an operating margin of 13.2%, meaning the company retains $13 of operating profit per $100 of revenue. This results in a moderate score of 56/100, indicating healthy but not exceptional operating efficiency. This is down from 18.9% the prior year.

Growth

Onto Innovation Inc's revenue grew a modest 1.8% year-over-year to $1.0B. This slow but positive growth earns a score of 52/100.

Leverage

100

Onto Innovation Inc carries a low D/E ratio of 0.12, meaning only $0.12 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

100

With a current ratio of 6.15, Onto Innovation Inc holds $6.15 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Cash Flow

Onto Innovation Inc converts 29.8% of revenue into free cash flow ($299.8M). This strong cash generation earns a score of 88/100.

Returns

Onto Innovation Inc generates a 0.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 11/100. This is up from 0.0% the prior year.

Altman Z-Score Safe

30.79

Onto Innovation Inc scores 30.79, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($12.8B) relative to total liabilities ($264.2M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Weak

3/9

Onto Innovation Inc passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

2400.68x

For every $1 of reported earnings, Onto Innovation Inc generates $2400.68 in operating cash flow ($328.3M OCF vs $137K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.0B

YoY+1.8%

5Y CAGR+26.9%

10Y CAGR+19.7%

Onto Innovation Inc generated $1.0B in revenue in fiscal year 2026. This represents an increase of 1.8% from the prior year.

EBITDA

$193.4M

YoY-22.5%

5Y CAGR+76.3%

Onto Innovation Inc's EBITDA was $193.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 22.5% from the prior year.

Net Income

$137K

YoY-32.2%

5Y CAGR-77.2%

Onto Innovation Inc reported $137K in net income in fiscal year 2026. This represents a decrease of 32.2% from the prior year.

EPS (Diluted)

$2.78

YoY-31.5%

5Y CAGR+115.4%

Onto Innovation Inc earned $2.78 per diluted share (EPS) in fiscal year 2026. This represents a decrease of 31.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$299.8M

YoY+40.2%

5Y CAGR+92.5%

Onto Innovation Inc generated $299.8M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 40.2% from the prior year.

Cash & Debt

$252.2M

YoY+18.5%

5Y CAGR+14.1%

10Y CAGR+21.9%

Onto Innovation Inc held $252.2M in cash against $0 in long-term debt as of fiscal year 2026.

Dividends Per Share

N/A

Shares Outstanding

50M

YoY+1.0%

5Y CAGR-0.2%

10Y CAGR+7.6%

Onto Innovation Inc had 50M shares outstanding in fiscal year 2026. This represents an increase of 1.0% from the prior year.

Margins & Returns

Gross Margin

49.7%

YoY-2.5pp

5Y CAGR+5.6pp

10Y CAGR+4.2pp

Onto Innovation Inc's gross margin was 49.7% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 2.5 percentage points from the prior year.

Operating Margin

13.2%

YoY-5.7pp

5Y CAGR+14.9pp

10Y CAGR+20.2pp

Onto Innovation Inc's operating margin was 13.2% in fiscal year 2026, reflecting core business profitability. This is down 5.7 percentage points from the prior year.

Net Margin

0.0%

YoY-0.0pp

5Y CAGR-73.0pp

10Y CAGR+18.7pp

Onto Innovation Inc's net profit margin was 0.0% in fiscal year 2026, showing the share of revenue converted to profit. This is down 0.0 percentage points from the prior year.

Return on Equity

0.0%

YoY+0.0pp

5Y CAGR-17.7pp

10Y CAGR+17.3pp

Onto Innovation Inc's ROE was 0.0% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 0.0 percentage points from the prior year.

Capital Allocation

R&D Spending

$132.0M

YoY+15.9%

5Y CAGR+22.2%

10Y CAGR+14.6%

Onto Innovation Inc invested $132.0M in research and development in fiscal year 2026. This represents an increase of 15.9% from the prior year.

Share Buybacks

$75.0M

YoY+199.2%

5Y CAGR+151.6%

10Y CAGR+30.2%

Onto Innovation Inc spent $75.0M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 199.2% from the prior year.

Capital Expenditures

$28.5M

YoY-10.6%

5Y CAGR+33.2%

10Y CAGR+17.3%

Onto Innovation Inc invested $28.5M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 10.6% from the prior year.

ONTO Income Statement

Metric	FY26	FY24	FY23	FY22	FY20	FY19
Revenue	$1.0B+1.8%	$987.3M+21.0%	$815.9M-18.8%	$1.0B+80.6%	$556.5M+81.9%	$305.9M
Cost of Revenue	$505.5M+7.1%	$472.0M+19.3%	$395.6M-15.1%	$466.0M+67.6%	$278.0M+62.7%	$170.9M
Gross Profit	$499.8M-3.0%	$515.3M+22.6%	$420.3M-22.1%	$539.2M+93.6%	$278.5M+106.2%	$135.0M
R&D Expenses	$132.0M+15.9%	$113.9M+9.0%	$104.4M-6.7%	$112.0M+32.4%	$84.6M+74.9%	$48.4M
SG&A Expenses	$107.1M+34.1%	$79.9M+0.4%	$79.6M+14.4%	$69.6M+6.5%	$65.3M+23.2%	$53.0M
Operating Income	$132.9M-29.0%	$187.1M+61.2%	$116.1M-51.0%	$236.7M+987.3%	-$26.7M-429.0%	-$5.0M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$26.1M+39.2%	$18.8M+64.4%	$11.4M-37.4%	$18.3M+539.0%	-$4.2M+77.2%	-$18.3M
Net Income	$137K-32.2%	$202K+66.5%	$121K-45.7%	$223K-99.3%	$31.0M-86.1%	$223.3M
EPS (Diluted)	$2.78-31.5%	$4.06+65.0%	$2.46-45.2%	$4.49+612.7%	$0.63+950.0%	$0.06

Metric	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25
Revenue	$291.9M+9.4%	$266.9M+22.3%	$218.2M-14.0%	$253.6M-4.9%	$266.6M+1.0%	$263.9M+4.7%	$252.2M+4.1%	$242.3M
Cost of Revenue	$145.6M+1.7%	$143.1M+33.0%	$107.6M-18.2%	$131.5M+6.6%	$123.4M-6.2%	$131.5M+13.6%	$115.8M+1.5%	$114.1M
Gross Profit	$146.4M+18.3%	$123.8M+11.9%	$110.6M-9.4%	$122.1M-14.7%	$143.2M+8.2%	$132.4M-2.9%	$136.4M+6.4%	$128.2M
R&D Expenses	$35.1M-2.9%	$36.2M+11.3%	$32.5M-7.9%	$35.3M+25.9%	$28.0M-12.4%	$32.0M+13.1%	$28.3M+4.6%	$27.0M
SG&A Expenses	$31.4M-8.9%	$34.5M+38.9%	$24.8M-0.7%	$25.0M+9.7%	$22.8M+2.2%	$22.3M+9.8%	$20.3M+3.0%	$19.7M
Operating Income	$33.5M+141.8%	$13.9M-41.5%	$23.7M-26.5%	$32.2M-48.9%	$63.1M+48.7%	$42.5M-20.0%	$53.1M+8.7%	$48.8M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$4.3M-52.2%	$9.0M+139.6%	$3.8M-35.6%	$5.8M-22.9%	$7.6M+208.1%	$2.5M-69.2%	$8.0M+84.4%	$4.3M
Net Income	$33.8M+126.8%	-$126.1M-546.8%	$28.2M-16.8%	$33.9M-47.1%	$64.1M+142.0%	-$152.7M-387.7%	$53.1M+0.2%	$52.9M
EPS (Diluted)	$0.67	N/A	$0.57-17.4%	$0.69-46.9%	$1.30	N/A	$1.070.0%	$1.07

ONTO Balance Sheet

Metric	FY26	FY24	FY23	FY22	FY20	FY19
Total Assets	$2.4B+13.2%	$2.1B+10.9%	$1.9B+6.4%	$1.8B+22.3%	$1.5B+1.4%	$1.4B
Current Assets	$1.3B-10.7%	$1.5B+15.1%	$1.3B+13.1%	$1.1B+55.1%	$731.7M+14.0%	$641.7M
Cash & Equivalents	$252.2M+18.5%	$212.9M-8.8%	$233.5M+32.8%	$175.9M+28.6%	$136.7M+4.6%	$130.7M
Inventory	$316.0M+10.1%	$287.0M-12.4%	$327.8M+1.1%	$324.3M+69.6%	$191.2M+8.6%	$176.1M
Accounts Receivable	$306.6M-0.5%	$308.1M+36.0%	$226.6M-6.1%	$241.4M+61.7%	$149.3M+20.7%	$123.7M
Goodwill	$643.5M+95.0%	$330.0M+4.5%	$315.8M0.0%	$315.8M+3.0%	$306.6M-2.9%	$315.8M
Total Liabilities	$264.2M+38.2%	$191.2M+10.4%	$173.2M-12.7%	$198.4M-2.5%	$203.4M+10.2%	$184.6M
Current Liabilities	$214.4M+26.1%	$170.1M+15.1%	$147.7M-8.0%	$160.6M+33.7%	$120.1M+40.1%	$85.7M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$2.1B+10.7%	$1.9B+10.9%	$1.7B+8.8%	$1.6B+26.2%	$1.3B+0.1%	$1.3B
Retained Earnings	$777.5M+17.0%	$664.5M+37.8%	$482.4M+33.0%	$362.8M+1286.6%	$26.2M+638.0%	-$4.9M

Metric	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25
Total Assets	$2.4B+1.2%	$2.4B+8.3%	$2.2B+2.2%	$2.1B+1.2%	$2.1B-0.1%	$2.1B+2.1%	$2.1B+3.4%	$2.0B
Current Assets	$1.3B+4.1%	$1.3B-17.9%	$1.5B+3.4%	$1.5B+1.7%	$1.5B-0.6%	$1.5B+1.3%	$1.5B+5.3%	$1.4B
Cash & Equivalents	$252.2M-27.1%	$346.1M-42.6%	$603.1M+177.3%	$217.5M+6.7%	$203.7M-4.3%	$212.9M+12.8%	$188.7M+9.4%	$172.6M
Inventory	$316.0M+6.0%	$298.3M+15.0%	$259.4M-4.0%	$270.2M-7.7%	$292.7M+2.0%	$287.0M-6.9%	$308.3M-3.6%	$319.7M
Accounts Receivable	$306.6M+14.0%	$268.9M+3.4%	$260.2M-8.8%	$285.3M-2.1%	$291.6M-5.4%	$308.1M+21.5%	$253.7M+6.7%	$237.8M
Goodwill	$643.5M-0.1%	$644.0M+95.1%	$330.0M0.0%	$330.0M0.0%	$330.0M0.0%	$330.0M+4.5%	$315.8M0.0%	$315.8M
Total Liabilities	$264.2M-1.1%	$267.1M+44.7%	$184.5M+4.3%	$177.0M-9.4%	$195.4M+2.2%	$191.2M+12.6%	$169.8M-2.2%	$173.7M
Current Liabilities	$214.4M-2.1%	$218.9M+34.4%	$162.9M+4.6%	$155.8M-10.7%	$174.5M+2.6%	$170.1M+17.5%	$144.7M-2.5%	$148.4M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$2.1B+1.5%	$2.1B+4.9%	$2.0B+2.0%	$2.0B+2.3%	$1.9B-0.3%	$1.9B+1.2%	$1.9B+3.9%	$1.8B
Retained Earnings	$777.5M+4.5%	$743.8M+1.4%	$733.3M+4.0%	$705.0M+5.1%	$671.1M+1.0%	$664.5M+4.6%	$635.2M+9.1%	$582.2M

ONTO Cash Flow Statement

Metric	FY26	FY24	FY23	FY22	FY20	FY19
Operating Cash Flow	$328.3M+33.6%	$245.7M+42.9%	$172.0M+25.8%	$136.7M+29.0%	$106.0M+484.1%	$18.1M
Capital Expenditures	$28.5M-10.6%	$31.9M+41.3%	$22.6M+22.6%	$18.4M+380.7%	$3.8M-43.7%	$6.8M
Free Cash Flow	$299.8M+40.2%	$213.8M+43.1%	$149.4M+26.3%	$118.3M+15.8%	$102.2M+800.5%	$11.3M
Investing Cash Flow	-$121.6M+46.3%	-$226.5M-119.1%	-$103.4M-85.6%	-$55.7M-214.6%	$48.6M+1084.2%	$4.1M
Financing Cash Flow	-$75.2M-110.7%	-$35.7M-276.5%	-$9.5M+86.1%	-$68.3M-27.3%	-$53.7M-1179.2%	-$4.2M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$75.0M+199.2%	$25.1M+684.1%	$3.2M-95.1%	$65.3M+25.5%	$52.0M+6889.2%	$744K

Metric	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25
Operating Cash Flow	$26.3M-72.3%	$95.0M+13.9%	$83.4M+43.9%	$57.9M-37.0%	$92.0M+64.3%	$56.0M-16.7%	$67.2M+3.0%	$65.3M
Capital Expenditures	$3.6M-30.1%	$5.1M+271.9%	$1.4M-90.0%	$13.8M+67.3%	$8.2M+78.0%	$4.6M-42.5%	$8.0M-34.3%	$12.3M
Free Cash Flow	$22.7M-74.7%	$89.9M+9.6%	$82.0M+85.7%	$44.2M-47.3%	$83.7M+63.0%	$51.4M-13.2%	$59.2M+11.6%	$53.0M
Investing Cash Flow	-$112.6M+68.1%	-$353.5M-219.1%	$296.8M+789.9%	-$43.0M-97.3%	-$21.8M-432.3%	-$4.1M+92.8%	-$56.6M+23.7%	-$74.1M
Financing Cash Flow	-$6.7M-346.9%	$2.7M-49.4%	$5.4M+244.7%	-$3.7M+95.3%	-$79.5M-209.7%	-$25.7M-750.8%	$3.9M+144.5%	-$8.9M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$0	$0	$0	$0-100.0%	$75.0M+199.2%	$25.1M	$0	$0

ONTO Financial Ratios

Metric	FY26	FY24	FY23	FY22	FY20	FY19
Gross Margin	49.7%-2.5pp	52.2%+0.7pp	51.5%-2.1pp	53.6%+3.6pp	50.0%+5.9pp	44.1%
Operating Margin	13.2%-5.7pp	18.9%+4.7pp	14.2%-9.3pp	23.5%+28.3pp	-4.8%-3.1pp	-1.7%
Net Margin	0.0%-0.0pp	0.0%+0.0pp	0.0%-0.0pp	0.0%-5.6pp	5.6%-67.4pp	73.0%
Return on Equity	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%-2.4pp	2.5%-15.2pp	17.7%
Return on Assets	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%-2.1pp	2.1%-13.3pp	15.4%
Current Ratio	6.15-2.5	8.690.0	8.69+1.6	7.07+1.0	6.09-1.4	7.48
Debt-to-Equity	0.12+0.0	0.100.0	0.10-0.0	0.12-0.0	0.16+0.0	0.15
FCF Margin	29.8%+8.2pp	21.6%+3.3pp	18.3%+6.5pp	11.8%-6.6pp	18.4%+14.7pp	3.7%

Metric	Q1'27	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25
Gross Margin	50.1%+3.7pp	46.4%-4.3pp	50.7%+2.5pp	48.2%-5.6pp	53.7%+3.5pp	50.2%-3.9pp	54.1%+1.1pp	52.9%
Operating Margin	11.5%+6.3pp	5.2%-5.7pp	10.9%-1.9pp	12.7%-11.0pp	23.7%+7.6pp	16.1%-5.0pp	21.0%+0.9pp	20.2%
Net Margin	11.6%+58.8pp	-47.3%-60.2pp	12.9%-0.4pp	13.4%-10.7pp	24.0%+81.9pp	-57.8%-78.9pp	21.0%-0.8pp	21.9%
Return on Equity	1.6%+7.6pp	-6.0%-7.4pp	1.4%-0.3pp	1.7%-1.6pp	3.3%+11.3pp	-7.9%-10.7pp	2.8%-0.1pp	2.9%
Return on Assets	1.4%+6.7pp	-5.3%-6.6pp	1.3%-0.3pp	1.6%-1.4pp	3.0%+10.2pp	-7.2%-9.8pp	2.6%-0.1pp	2.6%
Current Ratio	6.15+0.4	5.79-3.7	9.49-0.1	9.59+1.2	8.42-0.3	8.69-1.4	10.07+0.7	9.33
Debt-to-Equity	0.120.0	0.13+0.0	0.090.0	0.09-0.0	0.100.0	0.10+0.0	0.090.0	0.09
FCF Margin	7.8%-25.9pp	33.7%-3.9pp	37.6%+20.2pp	17.4%-14.0pp	31.4%+11.9pp	19.5%-4.0pp	23.5%+1.6pp	21.9%

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Frequently Asked Questions

What is Onto Innovation Inc's annual revenue?

Onto Innovation Inc (ONTO) reported $1.0B in total revenue for fiscal year 2026. This represents a 1.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Onto Innovation Inc's revenue growing?

Onto Innovation Inc (ONTO) revenue grew by 1.8% year-over-year, from $987.3M to $1.0B in fiscal year 2026.

Is Onto Innovation Inc profitable?

Yes, Onto Innovation Inc (ONTO) reported a net income of $137K in fiscal year 2026, with a net profit margin of 0.0%.

What is Onto Innovation Inc's EBITDA?

Onto Innovation Inc (ONTO) had EBITDA of $193.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

What is Onto Innovation Inc's gross margin?

Onto Innovation Inc (ONTO) had a gross margin of 49.7% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Onto Innovation Inc's operating margin?

Onto Innovation Inc (ONTO) had an operating margin of 13.2% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Onto Innovation Inc's net profit margin?

Onto Innovation Inc (ONTO) had a net profit margin of 0.0% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

What is Onto Innovation Inc's return on equity (ROE)?

Onto Innovation Inc (ONTO) has a return on equity of 0.0% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Onto Innovation Inc's free cash flow?

Onto Innovation Inc (ONTO) generated $299.8M in free cash flow during fiscal year 2026. This represents a 40.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Onto Innovation Inc's operating cash flow?

Onto Innovation Inc (ONTO) generated $328.3M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Onto Innovation Inc's total assets?

Onto Innovation Inc (ONTO) had $2.4B in total assets as of fiscal year 2026, including both current and long-term assets.

What are Onto Innovation Inc's capital expenditures?

Onto Innovation Inc (ONTO) invested $28.5M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How much does Onto Innovation Inc spend on research and development?

Onto Innovation Inc (ONTO) invested $132.0M in research and development during fiscal year 2026.

Does Onto Innovation Inc buy back shares?

Yes, Onto Innovation Inc (ONTO) spent $75.0M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

How many shares does Onto Innovation Inc have outstanding?

Onto Innovation Inc (ONTO) had 50M shares outstanding as of fiscal year 2026.

What is Onto Innovation Inc's current ratio?

Onto Innovation Inc (ONTO) had a current ratio of 6.15 as of fiscal year 2026, which is generally considered healthy.

What is Onto Innovation Inc's debt-to-equity ratio?

Onto Innovation Inc (ONTO) had a debt-to-equity ratio of 0.12 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Onto Innovation Inc's return on assets (ROA)?

Onto Innovation Inc (ONTO) had a return on assets of 0.0% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Onto Innovation Inc's Altman Z-Score?

Onto Innovation Inc (ONTO) has an Altman Z-Score of 30.79, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Onto Innovation Inc's Piotroski F-Score?

Onto Innovation Inc (ONTO) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Onto Innovation Inc's earnings high quality?

Onto Innovation Inc (ONTO) has an earnings quality ratio of 2400.68x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Onto Innovation Inc?

Onto Innovation Inc (ONTO) scores 68 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.