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Quick ratio at other companies

Applied Materials logo
Applied MaterialsAMAT
1.8×0.0×
KLA Corporation logo
KLA CorporationKLAC
2.1×+0.4×
Amkor Technology logo
Amkor TechnologyAMKR
1.7×-0.1×
Teradyne, Inc. logo
Teradyne, Inc.TER
1.8×-0.4×
Fortive logo
FortiveFTV
0.6×-0.2×
MACOM Technology Solutions logo
MACOM Technology SolutionsMTSI
5.8×+3.0×

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 quick ratio?
Onto Innovation (ONTO) reported quick ratio of 4.7× in Q1 2026.
How has Onto Innovation's quick ratio changed year-over-year?
Onto Innovation's quick ratio decreased by 30.6% year-over-year, from 6.7× to 4.7×.
What is the long-term trend for Onto Innovation's quick ratio?
Over 4 years (2021 to 2025), Onto Innovation's quick ratio has grown at a 10.7% compound annual growth rate (CAGR), from 17.9× to 26.9×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.