Onto Gross Profit from 2010 to 2024

ONTO Stock  USD 176.10  5.33  3.12%   
Onto Innovation Gross Profit yearly trend continues to be very stable with very little volatility. Gross Profit is likely to grow to about 391.1 M this year. Gross Profit is the profit Onto Innovation makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1995-06-30
Previous Quarter
106.9 M
Current Value
108 M
Quarterly Volatility
33.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Onto Innovation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Onto main balance sheet or income statement drivers, such as Depreciation And Amortization of 70.6 M, Interest Expense of 6.1 M or Selling General Administrative of 87.3 M, as well as many exotic indicators such as Price To Sales Ratio of 2.42, Dividend Yield of 0.0 or PTB Ratio of 1.49. Onto financial statements analysis is a perfect complement when working with Onto Innovation Valuation or Volatility modules.
  
This module can also supplement Onto Innovation's financial leverage analysis and stock options assessment as well as various Onto Innovation Technical models . Check out the analysis of Onto Innovation Correlation against competitors.
To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.

Latest Onto Innovation's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Onto Innovation over the last few years. Gross profit is a required income statement account that reflects total revenue of Onto Innovation minus its cost of goods sold. It is profit before Onto Innovation operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Onto Innovation's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Onto Innovation's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 539.22 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Onto Gross Profit Regression Statistics

Arithmetic Mean205,640,530
Geometric Mean149,589,377
Coefficient Of Variation75.62
Mean Deviation130,946,440
Median134,595,000
Standard Deviation155,505,017
Sample Variance24181.8T
Range528M
R-Value0.86
Mean Square Error6805.6T
R-Squared0.74
Significance0.00004
Slope29,885,081
Total Sum of Squares338545.3T

Onto Gross Profit History

2024391.1 M
2023372.5 M
2022539.2 M
2021429.1 M
2020278.5 M
2019135 M
2018148.3 M

Other Fundumenentals of Onto Innovation

Onto Innovation Gross Profit component correlations

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Click cells to compare fundamentals

About Onto Innovation Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Onto Innovation income statement, its balance sheet, and the statement of cash flows. Onto Innovation investors use historical funamental indicators, such as Onto Innovation's Gross Profit, to determine how well the company is positioned to perform in the future. Although Onto Innovation investors may use each financial statement separately, they are all related. The changes in Onto Innovation's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Onto Innovation's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Onto Innovation Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Onto Innovation. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit372.5 M391.1 M
Gross Profit Margin 0.48  0.39 

Onto Innovation Investors Sentiment

The influence of Onto Innovation's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Onto. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Onto Innovation's public news can be used to forecast risks associated with an investment in Onto. The trend in average sentiment can be used to explain how an investor holding Onto can time the market purely based on public headlines and social activities around Onto Innovation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Onto Innovation's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Onto Innovation's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Onto Innovation's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Onto Innovation.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Onto Innovation in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Onto Innovation's short interest history, or implied volatility extrapolated from Onto Innovation options trading.

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When determining whether Onto Innovation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Onto Innovation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Onto Innovation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Onto Innovation Stock:
Check out the analysis of Onto Innovation Correlation against competitors.
To learn how to invest in Onto Stock, please use our How to Invest in Onto Innovation guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Onto Stock analysis

When running Onto Innovation's price analysis, check to measure Onto Innovation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Onto Innovation is operating at the current time. Most of Onto Innovation's value examination focuses on studying past and present price action to predict the probability of Onto Innovation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onto Innovation's price. Additionally, you may evaluate how the addition of Onto Innovation to your portfolios can decrease your overall portfolio volatility.
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Is Onto Innovation's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Onto Innovation. If investors know Onto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Onto Innovation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.54)
Earnings Share
2.47
Revenue Per Share
16.66
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0392
The market value of Onto Innovation is measured differently than its book value, which is the value of Onto that is recorded on the company's balance sheet. Investors also form their own opinion of Onto Innovation's value that differs from its market value or its book value, called intrinsic value, which is Onto Innovation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Onto Innovation's market value can be influenced by many factors that don't directly affect Onto Innovation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Onto Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Onto Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Onto Innovation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.