Employees: 3,500
Size Onterris (ONT) is a United States Industrials company (Environmental Services) with a market value of $770M, the 2422nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $21.92 on 6 Nov 2026.
Performance Over six months the shares fell 1.0%, against -16.5% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue fell 0.9% over the last twelve months (peer median +2.6%); the operating margin is 1.1% (peer median 9.1%).
Valuation It trades at 1.5× enterprise value to sales against a peer median of 2.9× (5th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 44% a year for seven years (Req g). Recent delivered growth is +20%, so the hurdle is +24 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 10.1 points below its cost of capital (10.9% WACC).
Backlog Backlog (remaining performance obligations) was $45.3M at 30 Sep 2026, down 37% on a year earlier — 0.1 years of trailing revenue. Backlog detail →
Short interest Short interest is 13.1% of the free float (15 Oct 2026).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $773M | $831M | $696M | $624M | $544M |
| Revenue growth | — | +19% | +12% | +15% | — |
| Gross profit | $262M | $283M | $225M | $195M | $145M |
| EBITDA | $58.3M | $65.4M | $36.0M | $33.8M | $27.4M |
| Net income | -$11.2M | -$843,000 | -$62.3M | -$30.9M | -$31.8M |
| Free cash flow | $52.1M | $91.2M | $902,000 | $26.4M | $10.6M |
| Capital expenditure | $20.4M | $17.0M | $23.8M | $32.9M | $10.0M |
| Total debt | $419M | $359M | $281M | $210M | $202M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ONT | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +59.9% | -4.8% | highest of 21 |
| 6-month return | -1.0% | -16.5% | 2nd highest of 21 |
| Distance from 52-week high | -26.9% | -33.9% | 8th highest of 21 |
| Revenue growth (TTM) | -0.9% | +2.6% | 6th lowest of 21 |
| Operating margin | 1.1% | 9.1% | 5th lowest of 21 |
| EV / Sales | 1.5× | 2.9× | 5th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 44.1% | -5.3% | most demanding of 11 |
| Growth delivered (Del g) | +20.4% | +8.2% | highest of 11 |
| Hurdle (Req g minus delivered) | +23.7 pp | -12.9 pp | most demanding of 11 |
| ROIC minus cost of capital | -10.1 pp | -1.3 pp | 4th lowest of 21 |
| EV / EBITDA | 19.5× | 13.0× | 2nd most expensive of 8 |
| Net debt / EBITDA | 7.0× | 3.3× | 2nd most indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Onterris ONT | United States | $770M | -1% | -1% | 1% | 1.5× | 44.1% | +20.4% |
| Shenzhen Lions King Hi-Tech 301305.SZ | China | $758M | -22% | +19% | 18% | 2.9× | n/a | n/a |
| China Resources and Environment 600217.SS | China | $719M | -24% | -19% | -8% | 2.0× | -13.6% | -2.2% |
| Seche Environnement SCHP.PA | France | $689M | -7% | +2% | 6% | 1.2× | 4.8% | +13.3% |
| Jiangxi JDL Environmental Protection 688057.SS | China | $662M | +28% | -22% | -6% | 9.0× | -5.3% | -19.8% |
| QiaoYin City Management 002973.SZ | China | $661M | -14% | -12% | 10% | 2.5× | 8.9% | +4.9% |
| Cleanaway 8422.TW | Taiwan | $937M | -20% | +5% | 30% | 7.3× | n/a | n/a |
| EIT Environmental Development 300815.SZ | China | $962M | -25% | +4% | 13% | 1.1× | -7.0% | +12.3% |
| Zhejiang Feida Environmental Science & Technology 600526.SS | China | $596M | -18% | +3% | 7% | 1.1× | -5.3% | +9.5% |
| Huaxin Resources Technology 301265.SZ | China | $1,000M | -14% | +13% | 7% | 7.3× | n/a | n/a |
| China Sciences Ecorizon Tech 301175.SZ | China | $1.01B | -7% | +42% | 25% | 3.9× | n/a | n/a |
| Daiseki 9793.T | Japan | $1.02B | -20% | +4% | 21% | 2.0× | -7.6% | +6.9% |
| Zhongyuan Environmental Protection 000544.SZ | China | $1.05B | -15% | 0% | 32% | 7.0× | n/a | n/a |
| ECOVE Environment 6803.TWO | Taiwan | $545M | -12% | +6% | 18% | 2.1× | -4.5% | +11.4% |
| Wuhan Sanzhen Industry 600168.SS | China | $539M | -13% | -3% | 8% | 4.4× | n/a | n/a |
| Wangneng Environment 002034.SZ | China | $1.12B | -15% | 0% | 30% | 3.0× | -13.6% | +14.1% |
| Jinyuan EP 000546.SZ | China | $510M | -49% | +34% | -3% | 0.3× | n/a | n/a |
| Shanghai Conglin Environmental Protection Technology 688370.SS | China | $499M | -3% | -4% | 7% | 4.5× | n/a | n/a |
| Dongjiang Environmental 0895.HK | Hong Kong | $482M | -25% | +1% | -31% | 2.5× | 6.3% | +0.2% |
| Fujian Haixia Environmental Protection 603817.SS | China | $480M | -24% | -1% | 26% | 3.4× | n/a | n/a |
| BGT 300774.SZ | China | $475M | -52% | +3% | 4% | 4.3× | n/a | n/a |
Onterris reported $45.3M of remaining performance obligations at 30 Sep 2026, down 37% from a year earlier and down 9% from the previous quarter. That is 0.1 years of trailing revenue already under contract. Book-to-bill last quarter: 0.98.