Onto Innovations Inc Earnings

Onto Innovations Inc’s revenue jumped 21.73% since last year same period to $252.21Mn in the Q3 2024. On a quarterly growth basis, Onto Innovations Inc has generated 4.08% jump in its revenue since last 3-months.

Onto Innovations Inc’s net profit jumped 47.83% since last year same period to $53.05Mn in the Q3 2024. On a quarterly growth basis, Onto Innovations Inc has generated 0.19% jump in its net profits since last 3-months.

Onto Innovations Inc’s net profit margin jumped 21.44% since last year same period to 21.03% in the Q3 2024. On a quarterly growth basis, Onto Innovations Inc has generated -3.73% fall in its net profit margins since last 3-months.

Onto Innovations Inc’s price-to-earnings ratio after this Q3 2024 earnings stands at 55.6.

Onto Innovations Inc’s earning per share (EPS) estimates for the current quarter stand at 1.41 - a 6.82% jump from last quarter’s estimates.

Onto Innovations Inc’s earning per share (EPS) estimates for the current year stand at 1.41.

Onto Innovations Inc’s earning per share (EPS) jumped 39.58% since last year same period to 1.34 in the Q3 2024. This indicates that the Onto Innovations Inc has generated 39.58% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Onto Innovations Inc’s return on assets (ROA) stands at 0.06.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Onto Innovations Inc’s return on equity (ROE) stands at 0.1.