Stocktoria

ONTO INNOVATION INC. ONTO

NYSE · stock · Measuring & Controlling Devices, NEC · website · IPO 1984-11-28 · LEI

ONTO INNOVATION INC. statistics & valuation

Market cap$16.1B
P / E117.8×
P / S16.0×
P / B7.7×
P / FCF53.7×
Net margin13.6%
Return on equity6.5%
FCF margin29.8%
Return on capital6.2%
Graham number -84.8%$51.42

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($51.42); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
11.70% 17.80% 16.50% 73.00% 5.60% 18.00% 22.20% 14.90% 20.40% 13.60% 2017201820182019202020222022202320242026
Gross margin (%)
52.90% 56.70% 54.20% 44.10% 50.00% 54.40% 53.60% 51.50% 52.20% 49.70% 2017201820182019202020222022202320242026
Operating margin (%)
16.60% 20.50% 18.70% -1.60% -4.80% -19.80% 23.50% 14.20% 19.00% 13.20% 2017201820182019202020222022202320242026
Return on equity (%)
11.50% 18.40% 12.50% 17.70% 2.50% 10.00% 14.00% 7.00% 10.50% 6.50% 2017201820182019202020222022202320242026
Shares outstanding
25.9M 24.6M 25.9M 50.2M 49.5M 49.7M 49.8M 49.3M 49.7M 49.7M 2017201820182019202020222022202320242026
Net debt ($)
2017201820182019202020222022202320242026
Share buybacks ($)
2017201820182019202020222022202320242026
Return on assets (%)
9.80% 15.30% 10.80% 15.40% 2.10% 8.60% 12.40% 6.30% 9.50% 5.80% 2017201820182019202020222022202320242026
Free cash flow margin (%)
6.00% 29.50% 10.10% 3.70% 18.40% 20.70% 11.80% 18.30% 21.70% 29.80% 2017201820182019202020222022202320242026
Debt / equity (×)
2017201820182019202020222022202320242026
EPS ($)
$1.17 $2.34 $1.74 $0.06 $0.63 $2.86 $4.49 $2.46 $4.06 $2.78 2017201820182019202020222022202320242026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

ONTO INNOVATION INC. trades at about 121.3× earnings — above its 10-year norm (10-year range 17.5×–632.3×, median 65.7×).

17.5× 632.3×

Shaded band = 10-year range (17.5×–632.3×); dot = today's 121.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2024FY2023FY2022FY2022FY2020FY2019FY2018FY2018FY2017
Gross margin49.7%52.2%51.5%53.6%54.4%50.0%44.1%54.2%56.7%52.9%
Operating margin13.2%19.0%14.2%23.5%-19.8%-4.8%-1.6%18.7%20.5%16.6%
Net margin13.6%20.4%14.9%22.2%18.0%5.6%73.0%16.5%17.8%11.7%
FCF margin29.8%21.7%18.3%11.8%20.7%18.4%3.7%10.1%29.5%6.0%
Return on assets5.8%9.5%6.3%12.4%8.6%2.1%15.4%10.8%15.3%9.8%
Return on equity6.5%10.5%7.0%14.0%10.0%2.5%17.7%12.5%18.4%11.5%
Current ratio5.798.698.697.076.146.097.487.804.535.45

Computed from company filings · US · as of 2026-01-03. Facts plus Stocktoria's own computed scores — not investment advice.