Onto Innovation (ONTO) Asset Utilization Ratio (2011 - 2026)
Onto Innovation (ONTO) posted quarterly Asset Utilization Ratio of 0.43 for Q1 2026, down 10.69% year-over-year from 0.48 in Q1 2025, and down 1.99% quarter-over-quarter from 0.44 in Q1 2026.
Onto Innovation (ONTO) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Onto Innovation (ONTO) has reported Asset Utilization Ratio for 16 consecutive years, with 0.43 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 10.69% year-over-year to 0.43; the TTM figure through Mar 2026 stood at 0.43 (down 10.69% YoY), while the FY2026 annual figure was 0.45, down 8.58% from the prior year.
- Asset Utilization Ratio slipped to 0.43 in Q1 2026 per ONTO's latest filing, from 0.44 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.56 in Q4 2022 and bottomed at 0.43 in Q4 2023.
- Historically, Asset Utilization Ratio has averaged 0.48 across 5 years, with a median of 0.47 in 2024.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio gained 21.17% — and 2023, when it dropped 22.91%.
- Onto Innovation's Asset Utilization Ratio stood at 0.56 in 2022, then decreased by 22.91% to 0.43 in 2023, then increased by 8.93% to 0.47 in 2024, then fell by 1.68% to 0.46 in 2025, then decreased by 6.62% to 0.43 in 2026.
- Business Quant data shows ONTO's Asset Utilization Ratio at 0.43 in Q1 2026, 0.44 in Q1 2026, and 0.46 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 683.77 Bn | 668.27 Bn | 5.90 Bn | 0.71 |
| 2 | Lam Research | 393.97 Bn | 388.39 Bn | 3.48 Bn | 1.05 |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn | 0.74 |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn | 0.78 |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn | 0.95 |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn | 0.37 |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn | 0.39 |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn | 0.37 |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn | 0.83 |
| 10 | Nova | 11.32 Bn | 10.80 Bn | 144.16 Mn | 0.38 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.37 |
| Mar 31, 2026 | 0.43 |
| Jan 3, 2026 | 0.44 |
| Sep 27, 2025 | 0.46 |
| Jun 28, 2025 | 0.49 |
| Mar 29, 2025 | 0.48 |
| Dec 28, 2024 | 0.47 |
| Sep 28, 2024 | 0.46 |
| Jun 29, 2024 | 0.45 |
| Mar 30, 2024 | 0.44 |
| Dec 30, 2023 | 0.43 |
| Sep 30, 2023 | 0.46 |
| Jul 1, 2023 | 0.50 |
| Apr 1, 2023 | 0.54 |
| Dec 31, 2022 | 0.56 |
| Oct 1, 2022 | 0.54 |
| Jul 2, 2022 | 0.51 |
| Apr 2, 2022 | 0.48 |
| Sep 25, 2021 | 0.46 |
| Jun 26, 2021 | 0.42 |