ONTO vs. COST

Last updated Apr 1, 2026

Compare and contrast key facts about Onto Innovation Inc. (ONTO) and Costco Wholesale Corporation (COST).

Performance

ONTO vs. COST - Performance Comparison

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

ONTO vs. COST - 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%
COST Costco Wholesale Corporation	15.71%	-5.39%	39.62%	49.00%	-19.05%	51.82%	32.67%	45.70%	10.60%	22.37%

Fundamentals

EPS ONTO : $2.78 COST : $25.63
PE Ratio ONTO : 73.81 COST : 38.87
PEG Ratio ONTO : 6.62 COST : 3.04
PS Ratio ONTO : 10.04 COST : 1.16
Total Revenue (TTM) ONTO : $1.01B COST : $286.27B
Gross Profit (TTM) ONTO : $499.77M COST : $19.33B
EBITDA (TTM) ONTO : $188.86M COST : $12.73B

Returns By Period

In the year-to-date period, ONTO achieves a 29.91% return, which is significantly higher than COST's 15.71% return. Over the past 10 years, ONTO has outperformed COST with an annualized return of 29.67%, while COST has yielded a comparatively lower 22.28% 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%

COST

• 1D: -0.02%
• 1M: -1.42%
• YTD: 15.71%
• 6M: 7.95%
• 1Y: 5.93%
• 3Y*: 27.83%
• 5Y*: 24.28%
• 10Y*: 22.28%

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

Return for Risk

ONTO vs. COST — 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

COST

COST Risk / Return Rank: 49
COST Sharpe Ratio Rank: 53
COST Sortino Ratio Rank: 45
COST Omega Ratio Rank: 44
COST Calmar Ratio Rank: 52
COST Martin Ratio Rank: 52

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. COST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Onto Innovation Inc. (ONTO) and Costco Wholesale Corporation (COST). 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	COST	Difference
Sharpe ratio Return per unit of total volatility	1.00	0.30	+0.71
Sortino ratio Return per unit of downside risk	1.58	0.57	+1.01
Omega ratio Gain probability vs. loss probability	1.23	1.07	+0.16
Calmar ratio Return relative to maximum drawdown	2.02	0.40	+1.62
Martin ratio Return relative to average drawdown	4.20	0.80	+3.39
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. COST - Sharpe Ratio Comparison

The current ONTO Sharpe Ratio is 1.00, which is higher than the COST Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of ONTO and COST, 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	COST	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.00	0.30	+0.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	1.08	-0.64
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	1.02	-0.43
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.59	-0.39

Correlation

The correlation between ONTO and COST is 0.20, 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. COST - Dividend Comparison

ONTO has not paid dividends to shareholders, while COST's dividend yield for the trailing twelve months is around 0.52%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ONTO Onto Innovation Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
COST Costco Wholesale Corporation	0.52%	0.59%	0.49%	2.87%	0.76%	0.54%	3.38%	0.86%	1.08%	4.81%	1.09%	4.06%

Drawdowns

ONTO vs. COST - Drawdown Comparison

The maximum ONTO drawdown since its inception was -98.56%, which is greater than COST's maximum drawdown of -53.39%. Use the drawdown chart below to compare losses from any high point for ONTO and COST.

Drawdown Indicators

	ONTO	COST	Difference
Max Drawdown Largest peak-to-trough decline	-98.56%	-53.39%	-45.17%
Max Drawdown (1Y) Largest decline over 1 year	-33.64%	-19.35%	-14.29%
Max Drawdown (5Y) Largest decline over 5 years	-62.82%	-31.40%	-31.42%
Max Drawdown (10Y) Largest decline over 10 years	-62.82%	-31.40%	-31.42%
Current Drawdown Current decline from peak	-13.85%	-6.96%	-6.89%
Average Drawdown Average peak-to-trough decline	-54.98%	-13.40%	-41.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.20%	9.67%	+6.53%

Volatility

ONTO vs. COST - Volatility Comparison

Onto Innovation Inc. (ONTO) has a higher volatility of 22.54% compared to Costco Wholesale Corporation (COST) at 4.41%. This indicates that ONTO's price experiences larger fluctuations and is considered to be riskier than COST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ONTO	COST	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.54%	4.41%	+18.13%
Volatility (6M) Calculated over the trailing 6-month period	41.71%	13.36%	+28.35%
Volatility (1Y) Calculated over the trailing 1-year period	69.14%	20.15%	+48.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.81%	22.51%	+32.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.78%	21.90%	+28.88%

Financials

ONTO vs. COST - Profitability Comparison

The chart below illustrates the profitability comparison between Onto Innovation Inc. and Costco Wholesale Corporation 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%.

COST - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Costco Wholesale Corporation reported a gross profit of -8.80B and revenue of 69.60B. Therefore, the gross margin over that period was -12.6%.

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%.

COST - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Costco Wholesale Corporation reported an operating income of 2.61B and revenue of 69.60B, resulting in an operating margin of 3.7%.

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%.

COST - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Costco Wholesale Corporation reported a net income of 2.04B and revenue of 69.60B, resulting in a net margin of 2.9%.