• Onto Innovation average price to free cash flow ratio for 2023 was 44, a 67.24% increase from 2022.
• Onto Innovation average price to free cash flow ratio for 2022 was 26.31, a 1.97% increase from 2021.
• Onto Innovation average price to free cash flow ratio for 2021 was 26.84, a 19.47% decline from 2020.

Price to free cash flow ratio can be defined as