Onto Innovation Inc.ONTO

NYSETechnologyMeasuring & Controlling Devices, NEC
Price (close)
$279.73
Market cap
$13.7B
P/E
103.4x
Revenue (TTM)
$1.1B
Net income
$132.6M
Dividend yield
—
1-year total return
118.7%
Net margin
11.8%
Revenue growth
8.1%
Debt / equity
—

What Onto Innovation Inc. does.

Onto Innovation ® is a worldwide leader in the design, development, manufacture and support of metrology and inspection tools for the semiconductor industry, including process control tools that perform optical metrology and inspection on patterned and unpatterned wafers, including macro defect inspection of both 2D and 3D wafer features, wafer substrate and panel substrate lithography systems, and process control analytical software. Our products are primarily used by silicon wafer manufacturers, semiconductor integrated circuit (“IC”) fabricators, and advanced packaging manufacturers operating in the semiconductor market. Our products are also used for process control in a number of other specialty device manufacturing markets, including light emitting diodes (“LED”), vertical-cavity surface-emitting lasers (“VCSEL”), micro-electromechanical systems (“MEMS”), CMOS image sensors (“CIS”), silicon and compound semiconductor (SiC and GaN) power devices, analog devices, RF filters, data storage, and certain industrial and scientific applications.

We provide process and yield management solutions used in bare silicon wafer production and wafer processing facilities, often referred to as “front-end” manufacturing, and advanced packaging of chips and test facilities, or “back-end” manufacturing, through a portfolio of standalone systems for optical metrology, macro-defect inspection, packaging lithography, as well as transparent and opaque thin film measurements. Our automated and integrated metrology systems measure critical dimensions, device structures, topography, shape, and various thin film compositions, including three-dimensional features and film thickness, as well as optical and material properties. Our primary areas of focus include products that provide critical yield-enhancing and actionable information, which is used by microelectronic device manufacturers to improve yield and time to market of their next-generation devices. Our systems feature sophisticated software and production-worthy automation. In addition, our advanced process control software portfolio includes powerful solutions for standalone tools, groups of tools, and factory-wide and enterprise-wide suites to enhance productivity and achieve significant cost savings. Our systems are backed by worldwide customer service and applications support.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$556.5M$788.9M$1.0B$815.9M$987.3M$1.0B
Net income$31.0M$142.3M$223.3M$121.2M$201.7M$136.8M
Free cash flow$102.2M$163.2M$118.3M$149.4M$213.8M$299.8M

More on ONTO.

Figures from Onto Innovation Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.