Multibeam is expanding its electronic beam lithography (EBL) production systems in Taiwan by partnering with Marketech International Corp (MIC) to strengthen customer service and accelerate equipment installation for semiconductor manufacturers.
Onto Innovation Inc. (ONTO)
Common Stock · Currency in USD · XNYS
Onto Innovation Inc is engaged in the design, development, manufacture, and support of high-performance control metrology, defect inspection, lithography, and data analysis systems used by microelectronics device manufacturers. The Company and its subsidiaries currently operate in a single operating segment. The company mainly operates in the United States, Southeast Asia, China, Japan, and Europe, with Taiwan and South Korea the sources of total revenue.
Company Info
SIC3829
Composite FIGIBBG000BPRN29
CIK0000704532
IPONov 12, 1999
Sectormeasuring & controlling devices, nec
Highlights
Market Cap$10.71B
EPS$2.32
P/E Ratio94.89
Revenue$943.58M
Gross Profit$442.49M
Net Income$112.90M
Employees1,615
WSO49,702,361
Phone(978) 253-6200
Related Tickers
AMAT
Applied Materials Inc
$349.74 0.00%
KLAC
KLA Corporation Common Stock
$1.52K 0.00%
LRCX
Lam Research Corp
$217.44 0.00%
NVMI
Nova Ltd. Ordinary Shares
$441.50 0.00%
CAMT
Camtek Ltd
$158.00 0.00%
MKSI
MKS Inc. Common Stock
$234.66 0.00%
UCTT
Ultra Clean Holdings, Inc.
$63.28 0.00%
VECO
Veeco Instruments Inc
$34.36 0.00%
ACLS
Axcelis Technologies Inc
$95.76 0.00%
ENTG
Entegris Inc
$116.40 0.00%
Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Onto Innovation Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
Onto Innovation Inc. (ONTO) has returned 32.55% so far this year and 114.05% over the past 12 months. Looking at the last ten years, ONTO has achieved an annualized return of 19.43%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
ONTO
1M4.34%
6M46.68%
YTD32.55%
1Y114.05%
5Y25.16%
10Y19.43%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of Onto Innovation Inc. (ONTO) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 24.26% | 8.52% | -3.72% | 2.60% | ||||||||
| 2025 | 21.87% | -26.03% | -18.29% | 1.45% | -26.51% | 9.03% | -6.19% | 15.67% | 26.45% | 5.38% | 6.05% | 9.91% |
| 2024 | 7.77% | 13.41% | -2.58% | 2.36% | 17.77% | -0.41% | -13.22% | 14.38% | 0.15% | -5.75% | -12.45% | 1.64% |
| 2023 | 13.20% | 4.68% | 5.91% | -6.80% | 32.19% | 8.41% | 6.76% | 13.23% | -8.50% | -12.02% | 25.24% | 9.21% |
| 2022 | -10.25% | -6.55% | 0.24% | -18.74% | 13.32% | -13.94% | 22.68% | -13.33% | -7.66% | 2.67% | 16.46% | -15.65% |
| 2021 | 12.00% | 13.63% | 3.25% | 1.56% | 3.16% | 0.74% | -3.71% | 4.78% | -3.42% | 8.54% | 18.83% | 4.85% |
| 2020 | 3.83% | -19.70% | -4.17% | 15.68% | -1.58% | 8.37% | 11.30% | -17.77% | -4.58% | 6.97% | 35.20% | 5.67% |
| 2019 | -11.78% | 4.26% | 9.66% |
Performance Indicators
The charts below present risk-adjusted performance metrics for Onto Innovation Inc. (ONTO) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of ONTO compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current Onto Innovation Inc. volatility is 4.70%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 2.37B | 2.12B | 1.91B | 1.65B | 1.47B | 1.45B |
| Equity Attributable To Parent (USD) | 2.10B | 1.93B | 1.74B | 1.43B | 1.26B | 1.26B |
| Equity Attributable To Noncontrolling Interest (USD) | - | - | - | - | - | - |
| Equity (USD) | 2.10B | 1.93B | 1.74B | 1.43B | 1.26B | 1.26B |
| Noncurrent Liabilities (USD) | 48.15M | 21.12M | 25.45M | 69.23M | 83.34M | 98.81M |
| Other Current Liabilities (USD) | 72.82M | 73.98M | 64.81M | 68.60M | 49.64M | 38.64M |
| Wages (USD) | 38.44M | 39.85M | 33.05M | 32.58M | 30.27M | 19.37M |
| Accounts Payable (USD) | 107.69M | 56.26M | 49.87M | 53.35M | 40.18M | 27.74M |
| Current Liabilities (USD) | 218.95M | 170.09M | 147.73M | 154.53M | 120.09M | 85.74M |
| Liabilities (USD) | 267.09M | 191.21M | 173.18M | 223.76M | 203.43M | 184.55M |
| Other Non-current Assets (USD) | 674.42M | 388.24M | 355.46M | 342.35M | 330.20M | 336.54M |
| Intangible Assets (USD) | 298.10M | 127.46M | 167.38M | 277.28M | 318.36M | 371.95M |
| Fixed Assets (USD) | 127.18M | 123.87M | 103.61M | 82.09M | 87.95M | 98.42M |
| Noncurrent Assets (USD) | 1.10B | 639.57M | 626.45M | 701.72M | 736.51M | 806.92M |
| Other Current Assets (USD) | 969.77M | 1.19B | 955.49M | 704.98M | 540.44M | 465.53M |
| Inventory (USD) | 298.26M | 286.98M | 327.77M | 243.11M | 191.22M | 176.13M |
| Current Assets (USD) | 1.27B | 1.48B | 1.28B | 948.09M | 731.66M | 641.66M |
| Assets (USD) | 2.37B | 2.12B | 1.91B | 1.65B | 1.47B | 1.45B |
News and Insights
Multibeam Corp. raised $31 million in Series B funding led by Onto Innovation and Lam Capital to accelerate development of advanced E-Beam Lithography production solutions for semiconductor technologies, particularly targeting AI and advanced packaging applications.
The global panel level packaging market is expected to grow from $0.81 billion in 2025 to $11.13 billion by 2033, driven by the rising demand for consumer electronics, semiconductor devices, and applications in automotive and aerospace industries.
Semiconductor stocks and ETFs rallied despite a drop in Nvidia's shares, as traders maintained confidence in the broader market. Competitors of the AI giant experienced a marked rally, defying the usual trend of closely following Nvidia's performance.
Onto Innovation Inc. has appointed Dr. Stephen Schwartz, a veteran with over 25 years of experience in the semiconductor and life sciences industries, to its board of directors. The company believes Dr. Schwartz's expertise will bring valuable insights to Onto Innovation's strategic direction.
EchoStar Corporation has unveiled the Open RAN Center for Integration and Deployment (ORCID) at its Cheyenne, WY, data center facility. ORCID aims to advance the development, deployment, and adoption of open and interoperable standards-based radio access networks (RAN). The initiative is expected to boost the O-RAN ecosystem by transitioning from lab-based trials to real-world commercial deployments.
Onto Innovation has unveiled its glass substrate suite, including the JetStep X500 panel-level packaging lithography system and the Firefly G3 sub-micron automatic metrology and inspection system, to address the growing demands of the advanced IC substrates (AICS) market, which is projected to witness a 10% CAGR from 2023 to 2028.
Verizon Communications is committed to maintaining uninterrupted services in Hawaii during potential power outages caused by wildfires. The company maintains backup power resources to keep its network operational, ensuring customers can use their mobile and electronic devices without any network-related issues.
SAP SE's stock has gained 31.4% in the past year, outperforming the broader market. The company's focus on expanding its cloud business and leveraging generative AI trends is driving its growth, despite some headwinds like softness in the software license and support segment and global macroeconomic challenges.
PTC Inc's shares have been performing well, gaining 30.2% year-to-date, driven by solid financial performance and the company's focus on the software-as-a-service transition and the Service Lifecycle Management segment. However, forex volatility and stiff competition in the PLM and CAD spaces remain headwinds.