Onto Innovation Inc (ONTO) - Net Assets
Based on the latest financial reports, Onto Innovation Inc (ONTO) has net assets worth $2.10 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.37 Billion) and total liabilities ($267.09 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Onto Innovation Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.10 Billion |
| % of Total Assets | 88.72% |
| Annual Growth Rate | 17.28% |
| 5-Year Change | 47.3% |
| 10-Year Change | 615.15% |
| Growth Volatility | 63.51 |
Onto Innovation Inc - Net Assets Trend (1995–2025)
This chart illustrates how Onto Innovation Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is Onto Innovation Inc's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Onto Innovation Inc (1995–2025)
The table below shows the annual net assets of Onto Innovation Inc from 1995 to 2025. For live valuation and market cap data, see market value of Onto Innovation Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.10 Billion | +9.07% |
| 2024-12-31 | $1.93 Billion | +10.90% |
| 2023-12-31 | $1.74 Billion | +8.78% |
| 2022-12-31 | $1.60 Billion | +11.95% |
| 2021-12-31 | $1.43 Billion | +12.75% |
| 2020-12-31 | $1.26 Billion | +0.06% |
| 2019-12-31 | $1.26 Billion | +249.29% |
| 2018-12-31 | $361.89 Million | +8.62% |
| 2017-12-31 | $333.15 Million | +13.42% |
| 2016-12-31 | $293.74 Million | +8.52% |
| 2015-12-31 | $270.68 Million | +1.25% |
| 2014-12-31 | $267.33 Million | -4.18% |
| 2013-12-31 | $279.00 Million | +3.15% |
| 2012-12-31 | $270.49 Million | +21.96% |
| 2011-12-31 | $221.78 Million | +19.86% |
| 2010-12-31 | $185.03 Million | +22.43% |
| 2009-12-31 | $151.13 Million | -14.17% |
| 2008-12-31 | $176.09 Million | -58.52% |
| 2007-12-31 | $424.48 Million | +8.04% |
| 2006-12-31 | $392.88 Million | +138.78% |
| 2005-12-31 | $164.53 Million | +4.95% |
| 2004-12-31 | $156.78 Million | +5.55% |
| 2003-12-31 | $148.54 Million | +3.09% |
| 2002-12-31 | $144.08 Million | +1.36% |
| 2001-12-31 | $142.15 Million | +70.22% |
| 2000-12-31 | $83.51 Million | +44.98% |
| 1999-12-31 | $57.60 Million | +385.15% |
| 1998-12-31 | $-20.20 Million | -170.88% |
| 1997-12-31 | $28.50 Million | +28.96% |
| 1996-12-31 | $22.10 Million | +25.57% |
| 1995-12-31 | $17.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Onto Innovation Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 11521.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $743.78 Million | 35.41% |
| Other Components | $1.36 Billion | 64.59% |
| Total Equity | $2.10 Billion | 100.00% |
Onto Innovation Inc Competitors by Market Cap
The table below lists competitors of Onto Innovation Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TAISEI CORP. ADR/ 1/4
F:TKK
|
$12.29 Billion |
|
SECOM CO.LTD ADR 1/4/O.N.
F:XSC0
|
$12.30 Billion |
|
Air China Ltd Class A
SHG:601111
|
$12.30 Billion |
|
UPM-Kymmene Oyj
HE:UPM
|
$12.31 Billion |
|
Evercore Partners Inc
NYSE:EVR
|
$12.25 Billion |
|
TATA CONSUMER PRODUCTS LIMITED
NSE:TATACONSUM
|
$12.25 Billion |
|
SON.HO.UN.ADR 1/5 SF -05
F:PHBA
|
$12.25 Billion |
|
DT Midstream Inc
NYSE:DTM
|
$12.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Onto Innovation Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,925,882,000 to 2,100,647,000, a change of 174,765,000 (9.1%).
- Net income of 136,759,000 contributed positively to equity growth.
- Share repurchases of 75,015,000 reduced equity.
- Other comprehensive income increased equity by 13,863,000.
- Other factors increased equity by 99,158,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $136.76 Million | +6.51% |
| Share Repurchases | $75.02 Million | -3.57% |
| Other Comprehensive Income | $13.86 Million | +0.66% |
| Other Changes | $99.16 Million | +4.72% |
| Total Change | $- | 9.07% |
Book Value vs Market Value Analysis
This analysis compares Onto Innovation Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.87x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 138.14x to 6.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $2.12 | $292.92 | x |
| 1996-12-31 | $2.60 | $292.92 | x |
| 1997-12-31 | $3.24 | $292.92 | x |
| 1998-12-31 | $-4.48 | $292.92 | x |
| 1999-12-31 | $5.52 | $292.92 | x |
| 2000-12-31 | $5.28 | $292.92 | x |
| 2001-12-31 | $8.60 | $292.92 | x |
| 2002-12-31 | $8.89 | $292.92 | x |
| 2003-12-31 | $8.88 | $292.92 | x |
| 2004-12-31 | $9.27 | $292.92 | x |
| 2005-12-31 | $9.71 | $292.92 | x |
| 2006-12-31 | $14.25 | $292.92 | x |
| 2007-12-31 | $14.48 | $292.92 | x |
| 2008-12-31 | $5.75 | $292.92 | x |
| 2009-12-31 | $4.89 | $292.92 | x |
| 2010-12-31 | $7.28 | $292.92 | x |
| 2011-12-31 | $8.52 | $292.92 | x |
| 2012-12-31 | $8.23 | $292.92 | x |
| 2013-12-31 | $8.36 | $292.92 | x |
| 2014-12-31 | $8.07 | $292.92 | x |
| 2015-12-31 | $8.42 | $292.92 | x |
| 2016-12-31 | $9.24 | $292.92 | x |
| 2017-12-31 | $10.36 | $292.92 | x |
| 2018-12-31 | $11.24 | $292.92 | x |
| 2019-12-31 | $42.12 | $292.92 | x |
| 2020-12-31 | $25.56 | $292.92 | x |
| 2021-12-31 | $28.68 | $292.92 | x |
| 2022-12-31 | $32.08 | $292.92 | x |
| 2023-12-31 | $35.21 | $292.92 | x |
| 2024-12-31 | $38.78 | $292.92 | x |
| 2025-12-31 | $42.63 | $292.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Onto Innovation Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.51%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.60%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.13x
- Recent ROE (6.51%) is above the historical average (2.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 24.43% | 18.86% | 0.90x | 1.43x | $2.54 Million |
| 1996 | 18.10% | 13.20% | 1.01x | 1.36x | $1.79 Million |
| 1997 | 20.35% | 15.80% | 1.01x | 1.27x | $2.95 Million |
| 1998 | 0.00% | -70.15% | 0.95x | 0.00x | $-12.08 Million |
| 1999 | 5.03% | 7.61% | 0.59x | 1.13x | $-2.86 Million |
| 2000 | 28.23% | 26.76% | 0.89x | 1.18x | $15.23 Million |
| 2001 | 8.26% | 14.79% | 0.54x | 1.04x | $-2.48 Million |
| 2002 | -0.99% | -2.49% | 0.35x | 1.12x | $-15.84 Million |
| 2003 | 1.19% | 3.03% | 0.36x | 1.08x | $-13.08 Million |
| 2004 | 4.31% | 8.01% | 0.49x | 1.09x | $-8.93 Million |
| 2005 | 3.02% | 6.00% | 0.46x | 1.09x | $-11.48 Million |
| 2006 | 3.23% | 6.32% | 0.46x | 1.12x | $-26.58 Million |
| 2007 | 2.79% | 7.41% | 0.35x | 1.08x | $-30.59 Million |
| 2008 | -141.80% | -190.54% | 0.66x | 1.12x | $-267.29 Million |
| 2009 | -19.60% | -37.67% | 0.44x | 1.18x | $-44.74 Million |
| 2010 | 14.60% | 13.83% | 0.89x | 1.18x | $8.51 Million |
| 2011 | 11.37% | 13.48% | 0.61x | 1.38x | $3.05 Million |
| 2012 | 16.22% | 20.08% | 0.60x | 1.35x | $16.82 Million |
| 2013 | 1.24% | 1.96% | 0.47x | 1.33x | $-24.44 Million |
| 2014 | -1.74% | -2.56% | 0.49x | 1.37x | $-31.37 Million |
| 2015 | 6.63% | 8.10% | 0.58x | 1.40x | $-9.11 Million |
| 2016 | 12.58% | 15.87% | 0.69x | 1.15x | $7.58 Million |
| 2017 | 9.88% | 12.90% | 0.66x | 1.16x | $-406.40K |
| 2018 | 12.46% | 16.47% | 0.65x | 1.16x | $8.91 Million |
| 2019 | 0.15% | 0.62% | 0.21x | 1.15x | $-124.49 Million |
| 2020 | 2.45% | 5.58% | 0.38x | 1.16x | $-95.45 Million |
| 2021 | 9.98% | 18.04% | 0.48x | 1.16x | $-256.50K |
| 2022 | 13.99% | 22.22% | 0.56x | 1.12x | $63.69 Million |
| 2023 | 6.98% | 14.85% | 0.43x | 1.10x | $-52.49 Million |
| 2024 | 10.47% | 20.43% | 0.47x | 1.10x | $9.08 Million |
| 2025 | 6.51% | 13.60% | 0.42x | 1.13x | $-73.31 Million |
Industry Comparison
This section compares Onto Innovation Inc's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $1,095,918,141
- Average return on equity (ROE) among peers: -17.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Onto Innovation Inc (ONTO) | $2.10 Billion | 24.43% | 0.13x | $12.28 Billion |
| Axcelis Technologies Inc (ACLS) | $353.61 Million | 35.90% | 0.38x | $2.81 Billion |
| Acm Research Inc (ACMR) | $926.16 Million | 8.35% | 0.61x | $3.12 Billion |
| Aehr Test Systems (AEHR) | $7.03 Million | 6.00% | 0.74x | $2.17 Billion |
| Applied Materials Inc (AMAT) | $8.07 Billion | -1.85% | 0.28x | $308.78 Billion |
| Ambarella Inc (AMBA) | $156.36 Million | 16.41% | 0.17x | $2.88 Billion |
| Amkor Technology Inc (AMKR) | $243.16 Million | -187.81% | 8.80x | $14.36 Billion |
| ASML Holding NV ADR (ASML) | $1.09 Billion | 31.74% | 1.20x | $546.45 Billion |
| Amtech Systems Inc (ASYS) | $6.40 Million | -9.38% | 0.45x | $201.11 Million |
| Atomera Inc (ATOM) | $16.86 Million | -77.52% | 0.06x | $197.35 Million |
| AXT Inc (AXTI) | $93.25 Million | 5.67% | 0.21x | $2.62 Billion |
About Onto Innovation Inc
Onto Innovation Inc. engages in the design, development, manufacture, and support of process control tools that perform macro-defect inspection and metrology in the United States, Taiwan, South Korea, Japan, China, Southeast Asia, Asia, and Europe. The company offers lithography systems and process control analytical software; and automated and integrated metrology systems, silicon wafer all-surf… Read more