Onto Innovation Inc. ONTO NYSE

Onto Innovation Inc. (ONTO) has shown moderate revenue growth over the past 3 years, expanding from $816M to $1.0B (average +7.6%/yr). Net income reached $137M, reflecting solid earnings growth at +11.4%/yr on average. The net profit margin is 13.6%, which is moderate. The company has maintained profitability in all 4 of the past 4 years, demonstrating a consistent earnings track record. The gross margin is 49.7% (moderate), with a -1.8pp trend over the period. With a $13B market cap and MOAT composite score of 69/100, the company has a moderate competitive position.

Criteria proven by this page:

• GROWTH (73/100, Pass) — proving strong growth momentum
• PAST (100/100, Pass) — proving consistent earnings. Looking at the full 45-year history, the company was profitable in 37 of 45 years — a solid long-term record with occasional losses
• INCOME (55/100, Partial) — the company is profitable but margin is below 15%
• MOAT (69/100, Partial) — some competitive advantages are present but not dominant

Overall SharesGrow Score: 72/100 with 4/7 criteria passed.