Onto Innovation (ONTO) Asset Utilization Ratio (2011 - 2026)
Onto Innovation's (ONTO) quarterly Asset Utilization Ratio came in at 0.37 in Q2 2026, down 24.54% year-over-year from 0.49 in Q2 2025, and down 15.05% quarter-over-quarter from 0.43 in Q1 2026.
Analysis
Onto Innovation (ONTO) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Onto Innovation (ONTO) has reported Asset Utilization Ratio for 16 consecutive years, with 0.37 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio fell 24.54% year-over-year to 0.37 in Q2 2026; TTM through Jun 2026 was 0.37, a 24.54% decrease from a year earlier, with the FY2026 full-year figure at 0.45, down 8.58% from the prior year.
- Asset Utilization Ratio was 0.37 for Q2 2026 at Onto Innovation, down from 0.43 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.56 in Q4 2022 and troughed at 0.37 in Q2 2026.
- A 5-year average of 0.47 and a median of 0.47 in 2024 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio rose 21.17% in 2022 and slipped 24.54% in 2026, its largest moves.
- Over 5 years, Asset Utilization Ratio stood at 0.56 in 2022, then fell by 22.91% to 0.43 in 2023, then climbed by 8.93% to 0.47 in 2024, then dropped by 1.68% to 0.46 in 2025, then dropped by 20.67% to 0.37 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.37 (Q2 2026), 0.43 (Q1 2026), and 0.44 (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Lam Research | 374.58 Bn | 369.00 Bn | 3.48 Bn | 1.05 |
| 2 | Applied Materials | 362.85 Bn | 353.62 Bn | 4.59 Bn | 0.74 |
| 3 | Kla | 237.04 Bn | 235.39 Bn | 2.24 Bn | 0.78 |
| 4 | Mks | 18.07 Bn | 17.46 Bn | 595.00 Mn | 0.49 |
| 5 | Onto Innovation | 13.82 Bn | 11.94 Bn | 183.25 Mn | 0.37 |
| 6 | Nova | 11.15 Bn | 10.53 Bn | 144.16 Mn | 0.38 |
| 7 | Camtek | 6.80 Bn | 6.49 Bn | 66.70 Mn | 0.39 |
| 8 | ACM Research | 4.89 Bn | 3.55 Bn | 134.62 Mn | 0.32 |
| 9 | Kulicke & Soffa Industries | 4.50 Bn | 3.98 Bn | 157.95 Mn | 0.76 |
| 10 | Axcelis Technologies | 3.52 Bn | 3.12 Bn | 91.19 Mn | 0.63 |
Historic Data
Download Data
Historic 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 |