Onto Innovation (ONTO) Asset Utilization Ratio: 2011-2024
Historic Asset Utilization Ratio for Onto Innovation (ONTO) over the last 13 years, with FY2024 value amounting to 0.49.
- Onto Innovation's Asset Utilization Ratio fell 195.61% to 0.12 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.12, marking a year-over-year decrease of 195.61%. This contributed to the annual value of 0.49 for FY2024, which is 1133.11% up from last year.
- Onto Innovation's Asset Utilization Ratio amounted to 0.49 in FY2024, which was up 1133.11% from 0.44 recorded in FY2023.
- In the past 5 years, Onto Innovation's Asset Utilization Ratio registered a high of 0.58 during FY2022, and its lowest value of 0.38 during FY2020.
- For the 4-year period, Onto Innovation's Asset Utilization Ratio averaged around 0.48, with its median value being 0.49 (2024).
- Its Asset Utilization Ratio has fluctuated over the past 5 years, first surged by 3261.26% in 2022, then plummeted by 2452.82% in 2023.
- Over the past 4 years, Onto Innovation's Asset Utilization Ratio (Annual) stood at 0.38 in 2020, then skyrocketed by 52.94% to 0.58 in 2022, then dropped by 24.53% to 0.44 in 2023, then grew by 11.33% to 0.49 in 2024.
- Its Asset Utilization Ratio was 0.49 in FY2024, compared to 0.44 in FY2023 and 0.58 in FY2022.