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Onto Innovation ONTO Net debt / EBITDA

Net debt / EBITDA at other companies

Applied Materials logo
Applied MaterialsAMAT
0.7×+0.1×
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KLA CorporationKLAC
-0.2×
Amkor Technology logo
Amkor TechnologyAMKR
0.4×0.0×
Teradyne, Inc. logo
Teradyne, Inc.TER
-0.1×-0.1×
Fortive logo
FortiveFTV
3.9×-0.1×
MACOM Technology Solutions logo
MACOM Technology SolutionsMTSI
24.6×+22.2×

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 the most recent quarter.

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 net debt / EBITDA?
Onto Innovation (ONTO) reported net debt / EBITDA of -1.7× in Q4 2025.
How has Onto Innovation's net debt / EBITDA changed year-over-year?
Onto Innovation's net debt / EBITDA decreased by 114.2% year-over-year, from -0.8× to -1.7×.
What is the long-term trend for Onto Innovation's net debt / EBITDA?
Over 2 years (2023 to 2025), Onto Innovation's net debt / EBITDA has grown at a 26.0% compound annual growth rate (CAGR), from -3.8× to -6.1×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.