ONTO vs. CAMT

Last updated Apr 1, 2026

Compare and contrast key facts about Onto Innovation Inc. (ONTO) and Camtek Ltd (CAMT).

Performance

ONTO vs. CAMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Onto Innovation Inc. (ONTO) and Camtek Ltd (CAMT). The values are adjusted to include any dividend payments, if applicable.

ONTO vs. CAMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ONTO Onto Innovation Inc.	29.91%	-5.29%	9.01%	124.56%	-32.74%	112.89%	30.13%	33.70%	9.67%	-0.56%
CAMT Camtek Ltd	42.56%	31.66%	18.33%	215.94%	-52.30%	110.13%	102.31%	63.19%	20.41%	77.72%

Fundamentals

Market Cap ONTO : $10.16B CAMT : $7.58B
EPS ONTO : $2.78 CAMT : $1.05
PE Ratio ONTO : 73.81 CAMT : 144.52
PEG Ratio ONTO : 6.62 CAMT : 29.45
PS Ratio ONTO : 10.04 CAMT : 14.78
PB Ratio ONTO : 4.84 CAMT : 12.28
Total Revenue (TTM) ONTO : $1.01B CAMT : $496.07M
Gross Profit (TTM) ONTO : $499.77M CAMT : $250.32M
EBITDA (TTM) ONTO : $188.86M CAMT : $128.20M

Returns By Period

In the year-to-date period, ONTO achieves a 29.91% return, which is significantly lower than CAMT's 42.56% return. Over the past 10 years, ONTO has underperformed CAMT with an annualized return of 29.67%, while CAMT has yielded a comparatively higher 55.02% annualized return.

ONTO

• 1D: 8.35%
• 1M: -5.01%
• YTD: 29.91%
• 6M: 58.70%
• 1Y: 69.00%
• 3Y*: 32.64%
• 5Y*: 24.01%
• 10Y*: 29.67%

CAMT

• 1D: 4.95%
• 1M: -9.43%
• YTD: 42.56%
• 6M: 44.32%
• 1Y: 158.59%
• 3Y*: 75.83%
• 5Y*: 36.15%
• 10Y*: 55.02%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ONTO vs. CAMT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ONTO

ONTO Risk / Return Rank: 75
ONTO Sharpe Ratio Rank: 75
ONTO Sortino Ratio Rank: 71
ONTO Omega Ratio Rank: 73
ONTO Calmar Ratio Rank: 78
ONTO Martin Ratio Rank: 75

CAMT

CAMT Risk / Return Rank: 93
CAMT Sharpe Ratio Rank: 95
CAMT Sortino Ratio Rank: 91
CAMT Omega Ratio Rank: 89
CAMT Calmar Ratio Rank: 96
CAMT Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ONTO vs. CAMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Onto Innovation Inc. (ONTO) and Camtek Ltd (CAMT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ONTO	CAMT	Difference
Sharpe ratio Return per unit of total volatility	1.00	2.58	-1.58
Sortino ratio Return per unit of downside risk	1.58	2.96	-1.38
Omega ratio Gain probability vs. loss probability	1.23	1.37	-0.14
Calmar ratio Return relative to maximum drawdown	2.02	5.95	-3.93
Martin ratio Return relative to average drawdown	4.20	16.29	-12.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ONTO vs. CAMT - Sharpe Ratio Comparison

The current ONTO Sharpe Ratio is 1.00, which is lower than the CAMT Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of ONTO and CAMT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ONTO	CAMT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.00	2.58	-1.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	0.67	-0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	1.07	-0.49
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.20	0.00

Correlation

The correlation between ONTO and CAMT is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ONTO vs. CAMT - Dividend Comparison

Neither ONTO nor CAMT has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ONTO Onto Innovation Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CAMT Camtek Ltd	0.00%	0.00%	1.65%	0.00%	0.00%	0.00%	0.00%	1.57%	2.07%	2.45%

Drawdowns

ONTO vs. CAMT - Drawdown Comparison

The maximum ONTO drawdown since its inception was -98.56%, roughly equal to the maximum CAMT drawdown of -97.71%. Use the drawdown chart below to compare losses from any high point for ONTO and CAMT.

Drawdown Indicators

	ONTO	CAMT	Difference
Max Drawdown Largest peak-to-trough decline	-98.56%	-97.71%	-0.85%
Max Drawdown (1Y) Largest decline over 1 year	-33.64%	-26.38%	-7.26%
Max Drawdown (5Y) Largest decline over 5 years	-62.82%	-63.16%	+0.34%
Max Drawdown (10Y) Largest decline over 10 years	-62.82%	-63.16%	+0.34%
Current Drawdown Current decline from peak	-13.85%	-15.44%	+1.59%
Average Drawdown Average peak-to-trough decline	-54.98%	-56.07%	+1.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.20%	9.64%	+6.56%

Volatility

ONTO vs. CAMT - Volatility Comparison

Onto Innovation Inc. (ONTO) and Camtek Ltd (CAMT) have volatilities of 22.54% and 22.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ONTO	CAMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.54%	22.81%	-0.27%
Volatility (6M) Calculated over the trailing 6-month period	41.71%	43.96%	-2.25%
Volatility (1Y) Calculated over the trailing 1-year period	69.14%	61.81%	+7.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.81%	54.64%	+0.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.78%	51.53%	-0.75%

Financials

ONTO vs. CAMT - Profitability Comparison

The chart below illustrates the profitability comparison between Onto Innovation Inc. and Camtek Ltd over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ONTO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Onto Innovation Inc. reported a gross profit of 123.79M and revenue of 266.87M. Therefore, the gross margin over that period was 46.4%.

CAMT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Camtek Ltd reported a gross profit of 64.10M and revenue of 128.12M. Therefore, the gross margin over that period was 50.0%.

ONTO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Onto Innovation Inc. reported an operating income of 13.86M and revenue of 266.87M, resulting in an operating margin of 5.2%.

CAMT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Camtek Ltd reported an operating income of 31.68M and revenue of 128.12M, resulting in an operating margin of 24.7%.

ONTO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Onto Innovation Inc. reported a net income of 10.53M and revenue of 266.87M, resulting in a net margin of 4.0%.

CAMT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Camtek Ltd reported a net income of 35.90M and revenue of 128.12M, resulting in a net margin of 28.0%.