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Onto Innovation ONTO Free cash flow margin

Free cash flow margin at other companies

Applied Materials logo
Applied MaterialsAMAT
18.4%-2.5pp
KLA Corporation logo
KLA CorporationKLAC
30.7%+0.2pp
Amkor Technology logo
Amkor TechnologyAMKR
2.4%-1.7pp
Teradyne, Inc. logo
Teradyne, Inc.TER
14.6%-6.3pp
Fortive logo
FortiveFTV
22.8%-12.2pp
MACOM Technology Solutions logo
MACOM Technology SolutionsMTSI
18.3%-4.2pp

Other financials

Income statement

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Revenue$291.9M+9.5%
Gross profit$146.4M+2.2%
Operating income$33.5M-46.9%
Net income$33.8M-1.3%
EPS (diluted)$0.67-48.5%

Balance sheet

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Cash & equivalents$252.2M+23.8%
Total debt$17.5M+15.3%
Total equity$2.1B+11.1%
Total assets$2.4B+13.3%

Cash flow

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Operating cash flow$26.3M-71.4%
CapEx$3.6M-56.5%
Free cash flow$22.7M-72.9%

Valuation

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Market cap$16.6B+70.5%
P/E121.8×+69.3×
P/S16.1×+6.6×

Profitability

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Gross margin48.8%-3.9pp
Operating margin10%-10.2pp
Net margin13.2%-4.9pp

Returns & leverage

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Return on equity6.7%-3.3pp
Debt / equity0.0×
Current ratio6.2×-2.3×

Where this comes from

Calculated from Onto Innovation’s reported figures.

Based on trailing twelve months.

The official record: Onto Innovation’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Onto Innovation's free cash flow margin?
Onto Innovation (ONTO) reported free cash flow margin of 23.2% in Q1 2026.
How has Onto Innovation's free cash flow margin changed year-over-year?
Onto Innovation's free cash flow margin decreased by 4.0% year-over-year, from 24.1% to 23.2%.
What is the long-term trend for Onto Innovation's free cash flow margin?
Over 4 years (2021 to 2025), Onto Innovation's free cash flow margin has grown at a 5.0% compound annual growth rate (CAGR), from 84.8% to 103%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.