Growth Metrics

Onto Innovation (ONTO) Tax Rate (2016 - 2026)

Onto Innovation (ONTO) has disclosed Tax Rate for 15 consecutive years, with 13.05% as the latest value for Q3 2024.

  • On a quarterly basis, Tax Rate changed N/A to 13.05% in Q3 2024 year-over-year; TTM through Sep 2024 was 9.01%, a N/A change, with the full-year FY2026 number at 7.91%, changed N/A from a year prior.
  • Tax Rate was 13.05% for Q3 2024 at Onto Innovation, up from 7.54% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 59.09% in Q4 2022 to a low of 9.99% in Q1 2020.
  • A 5-year average of 13.34% and a median of 9.42% in 2020 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: tumbled -2641bps in 2020, then soared 601bps in 2021.
  • Onto Innovation's Tax Rate stood at 42.98% in 2020, then tumbled by -64bps to 15.37% in 2021, then soared by 284bps to 59.09% in 2022, then tumbled by -88bps to 7.03% in 2023, then skyrocketed by 86bps to 13.05% in 2024.
  • Per Business Quant, the three most recent readings for ONTO's Tax Rate are 13.05% (Q3 2024), 7.54% (Q2 2024), and 7.94% (Q1 2024).