Onto Innovation Inc (ONTO)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 201,670 | 183,162 | 165,997 | 138,944 | 121,159 | 157,064 | 173,393 | 199,072 | 223,334 | 203,857 | 188,090 | 171,566 | 142,349 | 115,526 | 87,169 | 59,542 | 31,025 | -6,641 | -8,172 | -10,070 |
| Revenue (ttm) | US$ in thousands | 987,322 | 942,239 | 897,214 | 845,549 | 815,868 | 850,282 | 897,350 | 962,998 | 1,005,183 | 977,557 | 923,893 | 860,970 | 788,899 | 718,383 | 644,286 | 585,847 | 556,496 | 521,926 | 458,369 | 384,932 |
| Net profit margin | 20.43% | 19.44% | 18.50% | 16.43% | 14.85% | 18.47% | 19.32% | 20.67% | 22.22% | 20.85% | 20.36% | 19.93% | 18.04% | 16.08% | 13.53% | 10.16% | 5.58% | -1.27% | -1.78% | -2.62% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $201,670K ÷ $987,322K
= 20.43%
The net profit margin of Onto Innovation Inc has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024.
Starting from negative figures in 2020, the company gradually improved its profitability, achieving positive net profit margins. The trend continued to strengthen, with consistent growth in net profit margins reaching a peak of 22.22% by December 31, 2022.
However, in the subsequent periods, the net profit margin experienced some variability, showing slight declines in the rates but still maintaining relatively healthy levels above 14%. As of December 31, 2024, the net profit margin stood at 20.43%, indicating that the company continues to generate a significant portion of revenue as net income after considering all expenses.
Overall, the increasing trend in net profit margins over the years reflects Onto Innovation Inc's ability to manage costs effectively and improve operational efficiency, translating into stronger profitability for the company.
Peer comparison
Dec 31, 2024