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Onto Innovation ONTO Inventory turnover

Inventory turnover at other companies

Applied Materials logo
Applied MaterialsAMAT
2.5×-0.1×
KLA Corporation logo
KLA CorporationKLAC
1.5×+0.1×
Amkor Technology logo
Amkor TechnologyAMKR
14.7×-1.6×
Teradyne, Inc. logo
Teradyne, Inc.TER
4.4×+0.8×
Fortive logo
FortiveFTV
4.1×+1.1×
MACOM Technology Solutions logo
MACOM Technology SolutionsMTSI
2.1×+0.1×

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 inventory turnover?
Onto Innovation (ONTO) reported inventory turnover of 1.7× in Q1 2026.
How has Onto Innovation's inventory turnover changed year-over-year?
Onto Innovation's inventory turnover increased by 11.2% year-over-year, from 1.6× to 1.7×.
What is the long-term trend for Onto Innovation's inventory turnover?
Over 4 years (2021 to 2025), Onto Innovation's inventory turnover has grown at a 1.0% compound annual growth rate (CAGR), from 6.5× to 6.7×.
What does inventory turnover mean?
How many times a year the company sells through and restocks its inventory.
How do you interpret inventory turnover?
Higher turnover ties up less cash in stock and reduces obsolescence risk, but too high can signal stock-outs and lost sales. Read against peers and the company's own history.
How does inventory turnover compare across companies?
Only meaningful for businesses that carry inventory; automatically null for asset-light and financial firms with no inventory line.