Onto Innovation
ONTO
#1510
Rank
$11.36 B
Marketcap
$230.58
Share price
1.26%
Change (1 day)
130.63%
Change (1 year)

Operating Margin for Onto Innovation (ONTO)

Operating Margin as of May 2024 (TTM): 22.31%

According to Onto Innovation's latest financial reports and stock price the company's current Operating Margin is 22.31%. At the end of 2022 the company had an Operating Margin of 24.03%.

Operating Margin history for Onto Innovation from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202224.03%21.79%
202119.73%308.74%
20204.83%-2573.85%
2019-0.20%-101%
201819.48%-16.88%
201723.44%9.43%
201621.42%77.13%
201512.09%-427.56%
2014-3.69%-524.47%
20130.87%-93.54%
201213.46%23.54%
201110.89%-30.32%
201015.64%-138.59%
2009-40.51%-79.08%
2008-193.68%-1956.58%
200710.43%-14.12%
200612.15%48.86%
20058.16%-28.44%
200411.40%222.58%
20033.54%-340.04%
2002-1.47%-106.41%
200122.97%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
36.10% 61.81%๐Ÿ‡บ๐Ÿ‡ธ USA
29.31% 31.38%๐Ÿ‡บ๐Ÿ‡ธ USA
13.88%-37.79%๐Ÿ‡ธ๐Ÿ‡ฌ Singapore
22.31% 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.