ONTO INNOVATION INC. (ONTO) Return on equity 2019–2024
ONTO INNOVATION INC. (ONTO) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
6.5%FY2024 · since FY2019: 2.5% → 6.5%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | 6.5% | +6.5 pp |
| FY2023 | 0.0% | +0.0 pp |
| FY2022 | 0.0% | -14.0 pp |
| FY2021 | 14.0% | +4.0 pp |
| FY2020 | 10.0% | +7.5 pp |
| FY2019 | 2.5% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice