• Onto Innovation average ebitda margin for 2023 was 25.64%, a 14.22% decline from 2022.
• Onto Innovation average ebitda margin for 2022 was 29.89%, a 17.22% decline from 2021.
• Onto Innovation average ebitda margin for 2021 was 25.5%, a 89.03% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.