Tearsheet

Onterris (ONT)


Market Price (6/22/2026): $17.18 | Market Cap: $619.3 MilSector: Industrials | Industry: Environmental & Facilities Services

Onterris (ONT)


Market Price (6/22/2026): $17.18
Market Cap: $619.3 Mil
Sector: Industrials
Industry: Environmental & Facilities Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -29%

Attractive yield
FCF Yield is 11%

Weak multi-year price returns
2Y Excs Rtn is -102%, 3Y Excs Rtn is -132%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 61%

Expensive valuation multiples
P/EPrice/Earnings or Price/(Net Income) is 106x

Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -5.2%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.3%

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -29%
2 Attractive yield
FCF Yield is 11%
3 Weak multi-year price returns
2Y Excs Rtn is -102%, 3Y Excs Rtn is -132%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 61%
5 Expensive valuation multiples
P/EPrice/Earnings or Price/(Net Income) is 106x
6 Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -5.2%
7 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.3%

ONT in ETFs

Weight = ONT's share of each fund

VTI0.00%
VTWO0.02%
SCHA0.01%
SCHB0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/1/2026

Onterris (ONT) stock has lost about 40% since 2/28/2026 because of the following key factors:

1. Onterris reported a significant miss in its first-quarter 2026 earnings and experienced a revenue decline, largely due to operational challenges. The company posted a loss of $0.35 per share, missing analyst expectations by 19%. Revenue decreased by 5.2% year-over-year to $168.5 million, missing analyst estimates by 6.2%. This decline was primarily driven by a $5.8 million reduction in environmental emergency response revenue and a $5.1 million decrease in weather-related revenue within the Measurement and Analysis segment, attributed to severe winter weather in North America.

2. Analysts substantially lowered their price targets and reduced long-term profitability assumptions for Onterris. In late May 2026, analysts revised their average price target on Onterris downward from $35.00 to approximately $27.33, representing a roughly 22% decrease in the modeled estimate. This revision was predominantly influenced by a significant cut in net profit margin assumptions, which were reduced from about 4.19% to approximately 2.37%.

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Updated on 6/1/2026

Onterris (ONT) stock has lost about 40% since 2/28/2026 because of the following key factors:

1. Onterris reported a significant miss in its first-quarter 2026 earnings and experienced a revenue decline, largely due to operational challenges. The company posted a loss of $0.35 per share, missing analyst expectations by 19%. Revenue decreased by 5.2% year-over-year to $168.5 million, missing analyst estimates by 6.2%. This decline was primarily driven by a $5.8 million reduction in environmental emergency response revenue and a $5.1 million decrease in weather-related revenue within the Measurement and Analysis segment, attributed to severe winter weather in North America.

2. Analysts substantially lowered their price targets and reduced long-term profitability assumptions for Onterris. In late May 2026, analysts revised their average price target on Onterris downward from $35.00 to approximately $27.33, representing a roughly 22% decrease in the modeled estimate. This revision was predominantly influenced by a significant cut in net profit margin assumptions, which were reduced from about 4.19% to approximately 2.37%.

3. The company experienced negative free cash flow during the first quarter of 2026, indicating challenges in generating cash from operations. Onterris reported a negative free cash flow of $17.2 million in Q1 2026. Additionally, operating cash flow for the quarter showed an outflow of $11.6 million.

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Stock Movement Drivers

Fundamental Drivers

The -41.2% change in ONT stock from 2/28/2026 to 6/21/2026 was primarily driven by a -39.5% change in the company's P/S Multiple.
(LTM values as of)22820266212026Change
Stock Price ($)29.2217.19-41.2%
Change Contribution By: 
Total Revenues ($ Mil)831821-1.1%
P/S Multiple1.20.8-39.5%
Shares Outstanding (Mil)3536-1.6%
Cumulative Contribution-41.2%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/21/2026
ReturnCorrelation
ONT-41.2% 
Market (SPY)9.2%25.7%
Sector (XLI)2.4%35.6%

Fundamental Drivers

The -33.0% change in ONT stock from 11/30/2025 to 6/21/2026 was primarily driven by a -31.1% change in the company's P/S Multiple.
(LTM values as of)113020256212026Change
Stock Price ($)25.6517.19-33.0%
Change Contribution By: 
Total Revenues ($ Mil)826821-0.6%
P/S Multiple1.10.8-31.1%
Shares Outstanding (Mil)3536-2.1%
Cumulative Contribution-33.0%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/21/2026
ReturnCorrelation
ONT-33.0% 
Market (SPY)9.9%28.6%
Sector (XLI)18.4%35.0%

Fundamental Drivers

The -12.0% change in ONT stock from 5/31/2025 to 6/21/2026 was primarily driven by a -19.5% change in the company's P/S Multiple.
(LTM values as of)53120256212026Change
Stock Price ($)19.5317.19-12.0%
Change Contribution By: 
Total Revenues ($ Mil)71982114.2%
P/S Multiple0.90.8-19.5%
Shares Outstanding (Mil)3536-4.3%
Cumulative Contribution-12.0%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/21/2026
ReturnCorrelation
ONT-12.0% 
Market (SPY)28.1%31.5%
Sector (XLI)28.4%35.9%

Fundamental Drivers

The -51.0% change in ONT stock from 5/31/2023 to 6/21/2026 was primarily driven by a -61.0% change in the company's P/S Multiple.
(LTM values as of)53120236212026Change
Stock Price ($)35.0917.19-51.0%
Change Contribution By: 
Total Revenues ($ Mil)54182151.8%
P/S Multiple1.90.8-61.0%
Shares Outstanding (Mil)3036-17.2%
Cumulative Contribution-51.0%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/21/2026
ReturnCorrelation
ONT-51.0% 
Market (SPY)85.7%33.2%
Sector (XLI)95.3%36.0%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
ONT Return128%-37%-28%-42%34%-31%-45%
Peers Return41%-1%21%22%-2%-6%89%
S&P 500 Return27%-19%24%23%16%8%98%

Monthly Win Rates [3]
ONT Win Rate75%42%42%42%50%33% 
Peers Win Rate68%47%55%65%60%60% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
ONT Max Drawdown-23%-58%-59%-69%-55%-50% 
Peers Max Drawdown-15%-25%-15%-15%-26%-25% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: TTEK, CLH, ACM, J, WM.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/18/2026 (YTD)

How Low Can It Go

EventONTS&P 500
2025 US Tariff Shock
  % Loss-41.2%-18.8%
  % Gain to Breakeven69.9%23.1%
  Time to Breakeven34 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-47.0%-9.5%
  % Gain to Breakeven88.8%10.5%
  Time to Breakeven158 days24 days

Compare to TTEK, CLH, ACM, J, WM

In The Past

Onterris's stock fell -41.2% during the 2025 US Tariff Shock. Such a loss loss requires a 69.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

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EventONTS&P 500
2025 US Tariff Shock
  % Loss-41.2%-18.8%
  % Gain to Breakeven69.9%23.1%
  Time to Breakeven34 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-47.0%-9.5%
  % Gain to Breakeven88.8%10.5%
  Time to Breakeven158 days24 days

Compare to TTEK, CLH, ACM, J, WM

In The Past

Onterris's stock fell -41.2% during the 2025 US Tariff Shock. Such a loss loss requires a 69.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Onterris (ONT)

Montrose Environmental Group, Inc. (ONT) - Business Description

Montrose Environmental Group, Inc. (ONT) is a comprehensive environmental services company dedicated to helping clients navigate complex environmental challenges across various sectors. Headquartered in North Little Rock, Arkansas, the company offers a broad range of solutions structured around three key segments: Assessment, Permitting and Response; Measurement and Analysis; and Remediation and Reuse. Montrose aims to provide critical expertise and support for environmental compliance, risk management, and sustainable operations.

The company's core services include scientific advisory and consulting for environmental assessments, toxicology consulting, environmental emergency response, and securing necessary permits for current operations, facility upgrades, and new development projects. Montrose also specializes in precise environmental testing and analysis of air, water, and soil to determine contaminant concentrations and their toxicological impact. Furthermore, the company provides engineering, design, and implementation services for environmental remediation, such as treating contaminated water, removing soil contaminants, and creating biogas from waste streams.

Montrose serves a diverse client base spanning numerous industries, including technology, media, chemical, energy, power and utility, industrial manufacturing, and financial services. It also works extensively with local, state, provincial, and federal government entities. This broad market reach positions Montrose Environmental Group as a critical partner for both private and public sector organizations seeking specialized environmental expertise and solutions to meet regulatory demands and achieve sustainability goals.

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Analogy 1: Montrose is like a **PwC or Deloitte for environmental compliance, testing, and cleanup.**

Analogy 2: Montrose is like an **AECOM or Jacobs specialized in environmental engineering and site remediation.**

AI Analysis | Feedback

  • Environmental Consulting & Permitting: Provides scientific advisory, consulting, and permitting services for environmental assessments, regulatory compliance, and emergency response.
  • Environmental Testing & Monitoring: Offers laboratory and field services to test and analyze air, water, and soil for contaminants and monitor environmental quality.
  • Environmental Remediation & Reuse: Delivers engineering, design, and implementation services for treating contaminated water, removing soil contaminants, and creating biogas from waste.

AI Analysis | Feedback

Montrose Environmental Group, Inc. (ONT) sells primarily to other companies and government entities. Based on the provided description, the company serves a diverse range of industries and governmental bodies. Specific customer company names are not detailed in the provided information; however, its major customer categories include:

  • Technology industry companies
  • Media industry companies
  • Chemical industry companies
  • Energy industry companies
  • Power and utility industry companies
  • Industrial and manufacturing industry companies
  • Financial industry companies
  • Engineering industry companies
  • Local, state, provincial, and federal government entities

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Vijay Manthripragada, President & Chief Executive Officer

Vijay Manthripragada joined Montrose Environmental as President in September 2015 and has served as President and Chief Executive Officer since February 2016, also joining the Board of Directors in June 2016. Prior to Montrose, he was the Chief Executive Officer of PetCareRx, Inc., a high-growth e-commerce company in the pet health industry. Before PetCareRx, he was a Senior Vice President in the Investment Banking division of Goldman Sachs. He also held a Director role at The Advisory Board Company and was a member of Johnson & Johnson's Management Development program. Montrose Environmental Group received investment from Oaktree Capital Management in 2018, a private equity firm, during his tenure as CEO. He co-founded the White Buffalo Tiospaye, a youth shelter for Native American children in South Dakota, and helped establish the Children's Medical Foundation in Central and Eastern Europe. He holds an MBA from The Wharton School, University of Pennsylvania, and a BS from Duke University (US) and Oxford University (UK).

Allan Dicks, Chief Financial Officer and Principal Accounting Officer

Allan Dicks has served as Montrose Environmental's Chief Financial Officer since August 2016. Before joining Montrose, he was a consultant interim Chief Financial Officer and then Chief Financial Officer of Convalo Health International, Corp., a public Canadian healthcare company, from February 2015 to June 2016. He has held various finance-focused executive positions. He studied at the University of the Witwatersrand between 1990 and 1993.

James Laws, Chief Operating Officer

James Laws was appointed Chief Operating Officer in January 2026. He brings 25 years of experience in leading teams in the environmental industry. Before Montrose, he spent nearly a decade at AECOM, where he was most recently a Senior Vice President responsible for environmental remediation, air quality, environmental health and safety, permitting and planning, and large-scale federal programs. Earlier in his career, he spent 16 years at CH2M HILL (now Jacobs Solutions Inc.), where he led large federal and commercial environmental programs. He holds a B.S. in Chemical Engineering from the University of Southern California.

Jose Revuelta, Chief Strategy Officer

Jose Revuelta is the Chief Strategy Officer for Montrose Environmental Group. His previous roles include Chief Operating and Financial Officer at Montrose Environmental Group, Assistant Vice President at ADIC-UBS Infrastructure Fund, and Analyst at UBS. He attended Columbia Business School, Universidad Pontificia Comillas, and Marquette University.

Nasym Afsari, General Counsel and Secretary

Nasym Afsari serves as the General Counsel and Secretary for Montrose Environmental Group.

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AI Analysis | Feedback

The addressable markets for Montrose Environmental Group, Inc.'s (ONT) main products and services are substantial, primarily within the environmental services industry. The company operates in three key segments: Assessment, Permitting and Response; Measurement and Analysis; and Remediation and Reuse. For its **Assessment, Permitting and Response** segment, which aligns with environmental consulting services, the global market was valued at approximately USD 43.20 billion in 2024 and is projected to reach USD 92.85 billion by 2034, growing at a compound annual growth rate (CAGR) of 7.95% from 2025 to 2034. North America is expected to maintain its dominance in this market. Specifically for North America, the environmental consulting services market size is anticipated to grow from approximately US$ 22.46 billion in 2023 to US$ 39.44 billion by 2031, at a CAGR of 7.3%. The United States held the largest share of this market in 2023. The **Measurement and Analysis** segment, which encompasses environmental testing services, has a U.S. market that was valued at USD 2.48 billion in 2023 and is projected to reach USD 2.96 billion by 2029, with a CAGR of 2.95%. Another estimate places the U.S. environmental testing market size at USD 2.20 billion in 2023, with a projected CAGR of 7.6% from 2024 to 2030. On a global scale, the environmental testing market size was valued at USD 10.7 billion in 2023 and is projected to grow at a CAGR of 7.8% between 2024 and 2032. North America held over 36% of the global market share in 2023 and is expected to exceed USD 7.5 billion by 2032. For its **Remediation and Reuse** segment, which corresponds to environmental remediation services, the U.S. market was estimated at $26.5 billion in 2025 and is projected to reach $27.0 billion in 2026. Further projections indicate that the U.S. environmental remediation market is expected to grow from $23.37 billion in 2025 to an estimated $38.53 billion by 2033, demonstrating a CAGR of 6.45%. Another source predicts the environmental remediation market in the United States to reach US$ 38.63 billion by 2033, with a CAGR of 6.8% from 2026 to 2033, having generated USD 23.01 billion in 2025. Globally, the environmental remediation market size was estimated at USD 345.63 billion in 2024 and is projected to grow to USD 701.18 billion by 2035, with a CAGR of 6.64% from 2025 to 2035. North America represents the largest market, holding approximately 40% of the global share.

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Expected Drivers of Future Revenue Growth for Onterris (ONT)

  • Growth Driven by Environmental Regulations (e.g., PFAS, New Reporting Rules): Montrose Environmental Group anticipates significant revenue growth from new and evolving environmental regulations. Specifically, the company expects that new rules related to PFAS (per- and polyfluoroalkyl substances) and other reporting requirements will open up an addressable market of approximately $200 billion. Demand for PFAS remediation, in particular, is expected to steadily increase across all of Montrose's segments in the coming quarters.
  • Expansion of Integrated Solutions and Cross-Selling: The company's unique integrated model, which combines consulting, testing, and treatment services, is a key driver for future revenue. This approach supports scalability and provides significant cross-selling opportunities, as clients increasingly prefer comprehensive environmental science solutions. Cross-selling has already contributed to an average annual organic growth rate of 13%.
  • Strategic Acquisitions: Montrose Environmental Group has a history of growth through strategic acquisitions, with 76 acquisitions completed since 2013. The company continues to pursue this strategy, with contributions from acquisitions noted as a factor in revenue increases. For example, the acquisition of Matrix Solutions in June 2023 contributed to its financial performance.
  • Organic Growth in Core Segments: The company expects continued strong organic growth within its core segments, particularly in Assessment, Permitting and Response (AP&R) and Measurement and Analysis (M&A). The AP&R segment experienced a 12.2% year-over-year revenue increase in the first quarter of 2024, primarily driven by strong organic growth. Overall, Montrose saw strong organic revenue growth across most service lines in the first quarter of 2024.

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Capital Allocation Decisions for Onterris (ONT) (Last 3-5 Years)

Share Repurchases

  • Montrose Environmental Group announced an inaugural stock repurchase program of up to $40.0 million in May 2025, which is currently active.
  • The company recorded share repurchases of $121.83 million in 2023 and $59.92 million in 2022.

Share Issuance

  • In the quarter ended March 31, 2024, 427,631 shares, totaling $8.2 million, were issued.
  • The company sold 3,000,000 shares of common stock in an offering around April 2024.
  • Share issuances, as part of "Issuance (Repurchase) of Capital Stock," amounted to $1.07 million in 2024 and $0.06 million in 2021.

Outbound Investments

  • Montrose Environmental Group has historically pursued strategic acquisitions to enhance its capabilities and expand its geographic footprint.
  • In 2024, the company acquired Epic Environmental, which broadened its presence into Australia.
  • The company intends to resume smaller, bolt-on, and highly accretive acquisition activities in the latter half of 2026.

Capital Expenditures

  • Capital expenditures for the trailing twelve months (TTM) were $16.32 million.
  • The forecast for capital expenditures for the next fiscal year is $16 million, with an expected average of $34.311 million over the next five fiscal years.
  • Capital expenditures are primarily focused on supporting organic growth, including geographic expansion and increased capacity.

Better Bets vs. Onterris (ONT)

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

ONTTTEKCLHACMJWMMedian
NameOnterris Tetra Te.Clean Ha.AECOM Jacobs S.Waste Ma. 
Mkt Price17.1927.36288.6068.81120.97214.6094.89
Mkt Cap0.67.115.28.914.286.511.5
Rev LTM8215,1316,05815,98613,17525,4139,616
Op Inc LTM166016811,0735984,670641
FCF LTM716684634104843,290474
FCF 3Y Avg324153486456242,422520
CFO LTM906888715545726,336630
CFO 3Y Avg574367867637265,536744

Growth & Margins

ONTTTEKCLHACMJWMMedian
NameOnterris Tetra Te.Clean Ha.AECOM Jacobs S.Waste Ma. 
Rev Chg LTM14.2%-6.1%1.9%-0.4%12.7%10.9%6.4%
Rev Chg 3Y Avg15.0%11.0%4.6%5.8%10.3%8.5%9.4%
Rev Chg Q-5.2%-7.7%1.9%0.8%27.0%3.5%1.4%
QoQ Delta Rev Chg LTM-1.1%-1.9%0.5%0.2%6.3%0.8%0.3%
Op Inc Chg LTM143.6%9.6%3.7%9.7%-23.8%12.2%9.6%
Op Inc Chg 3Y Avg43.7%18.4%0.8%13.3%2.4%10.5%11.9%
Op Mgn LTM1.9%11.7%11.2%6.7%4.5%18.4%9.0%
Op Mgn 3Y Avg-2.5%10.4%11.2%6.1%5.6%18.6%8.2%
QoQ Delta Op Mgn LTM0.4%0.3%0.1%-0.0%-2.6%0.1%0.1%
CFO/Rev LTM11.0%13.4%14.4%3.5%4.3%24.9%12.2%
CFO/Rev 3Y Avg7.6%8.5%13.5%4.8%7.0%24.0%8.0%
FCF/Rev LTM8.6%13.0%7.6%2.6%3.7%12.9%8.1%
FCF/Rev 3Y Avg4.0%8.1%5.9%4.1%6.0%10.4%6.0%

Valuation

ONTTTEKCLHACMJWMMedian
NameOnterris Tetra Te.Clean Ha.AECOM Jacobs S.Waste Ma. 
Mkt Cap0.67.115.28.914.286.511.5
P/S0.81.42.50.61.13.41.2
P/Op Inc39.211.822.48.323.718.520.5
P/EBIT16.611.121.68.121.619.518.1
P/E106.416.238.517.537.231.034.1
P/CFO6.910.317.516.024.813.714.8
Total Yield0.9%7.1%2.6%7.3%3.2%4.8%4.0%
Dividend Yield0.0%1.0%0.0%1.6%0.5%1.6%0.7%
FCF Yield 3Y Avg4.9%5.0%2.8%5.2%3.8%2.7%4.3%
D/E0.60.20.20.40.30.30.3
Net D/E0.60.10.20.20.20.30.2

Returns

ONTTTEKCLHACMJWMMedian
NameOnterris Tetra Te.Clean Ha.AECOM Jacobs S.Waste Ma. 
1M Rtn3.4%-1.0%0.6%-4.5%5.5%-1.1%-0.2%
3M Rtn-21.9%-9.8%4.6%-22.0%-5.5%-6.8%-8.3%
6M Rtn-34.2%-20.2%20.6%-28.4%-9.3%0.0%-14.7%
12M Rtn-21.1%-21.6%27.7%-36.5%-4.0%-6.0%-13.5%
3Y Rtn-58.8%-14.6%87.1%-17.1%29.9%34.6%7.7%
1M Excs Rtn16.6%-1.6%-3.2%-5.3%5.5%-5.1%-2.4%
3M Excs Rtn-36.7%-24.8%-13.8%-37.1%-18.7%-21.4%-23.1%
6M Excs Rtn-45.2%-29.8%9.9%-39.9%-19.5%-11.4%-24.7%
12M Excs Rtn-51.4%-48.1%2.6%-63.4%-30.2%-32.3%-40.2%
3Y Excs Rtn-132.2%-83.9%14.1%-88.5%-42.1%-33.1%-63.0%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Assessment, Permitting and Response307215221187262
Remediation and Reuse277257206185131
Measurement and Analysis246224197172153
Corporate and Other   0 
Total831696624544546


Price Behavior

Price Behavior
Market Price$17.19 
Market Cap ($ Bil)0.6 
First Trading Date07/23/2020 
Distance from 52W High-44.7% 
   50 Days200 Days
DMA Price$18.29$23.81
DMA Trenddowndown
Distance from DMA-6.0%-27.8%
 3M1YR
Volatility62.9%58.0%
Downside Capture316.19190.26
Upside Capture86.09110.85
Correlation (SPY)26.1%30.5%
ONT Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta2.952.041.421.721.681.50
Up Beta-1.340.160.911.211.351.74
Down Beta-2.49-1.47-0.101.251.711.12
Up Capture117%84%37%136%166%175%
Bmk +ve Days13283667141432
Stock +ve Days9202560121360
Down Capture1113%848%325%232%168%112%
Bmk -ve Days7132757109318
Stock -ve Days11213763126385

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ONT
ONT-26.1%57.9%-0.30-
Sector ETF (XLI)28.7%16.2%1.3836.1%
Equity (SPY)26.5%12.4%1.6130.7%
Gold (GLD)24.2%27.5%0.779.6%
Commodities (DBC)19.8%18.8%0.83-6.2%
Real Estate (VNQ)11.0%13.7%0.5220.3%
Bitcoin (BTCUSD)-40.0%42.4%-1.0812.6%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ONT
ONT-19.2%63.0%-0.09-
Sector ETF (XLI)13.5%17.5%0.6140.5%
Equity (SPY)13.5%17.1%0.6241.1%
Gold (GLD)17.1%18.3%0.768.8%
Commodities (DBC)7.5%19.4%0.2911.2%
Real Estate (VNQ)1.9%18.9%0.0036.6%
Bitcoin (BTCUSD)11.0%54.2%0.4021.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ONT
ONT-2.4%63.8%0.20-
Sector ETF (XLI)14.2%20.0%0.6236.7%
Equity (SPY)15.3%18.0%0.7338.3%
Gold (GLD)12.3%16.1%0.6310.8%
Commodities (DBC)5.9%18.0%0.2611.1%
Real Estate (VNQ)5.3%20.7%0.2233.3%
Bitcoin (BTCUSD)60.0%66.8%1.0018.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date5292026
Short Interest: Shares Quantity2.9 Mil
Short Interest: % Change Since 515202630.8%
Average Daily Volume0.8 Mil
Days-to-Cover Short Interest3.6 days
Basic Shares Quantity36.0 Mil
Short % of Basic Shares8.0%

Earnings Returns History

Updated 6/9/2026
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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/6/2026-20.7%-29.4%-22.0%
2/25/202622.5%16.6%-4.3%
11/4/20255.4%-1.7%6.8%
8/6/20258.5%23.4%34.5%
5/7/202517.6%25.8%42.3%
2/26/202532.6%14.1%-15.0%
11/6/2024-3.0%-9.8%-30.5%
8/6/20240.2%10.9%5.3%
...
SUMMARY STATS   
# Positive141611
# Negative10813
Median Positive8.2%14.8%18.7%
Median Negative-6.9%-8.6%-7.5%
Max Positive32.6%26.6%42.3%
Max Negative-20.7%-29.4%-30.5%
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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/6/2026-20.7%-29.4%-22.0%
2/25/202622.5%16.6%-4.3%
11/4/20255.4%-1.7%6.8%
8/6/20258.5%23.4%34.5%
5/7/202517.6%25.8%42.3%
2/26/202532.6%14.1%-15.0%
11/6/2024-3.0%-9.8%-30.5%
8/6/20240.2%10.9%5.3%
5/7/2024-9.0%-1.9%-5.8%
2/29/202425.4%9.3%18.7%
11/7/20233.3%19.5%26.6%
8/8/20239.0%3.8%-7.1%
5/9/202314.1%20.2%40.1%
2/28/2023-10.8%-24.6%-28.9%
11/8/2022-6.5%22.7%7.4%
8/8/2022-0.7%10.4%-0.5%
5/9/2022-1.4%-2.9%-6.1%
2/28/2022-8.3%8.8%18.3%
11/9/2021-0.8%1.5%-8.4%
8/10/20212.0%-12.4%10.2%
5/12/2021-7.4%-7.4%-7.5%
3/24/20217.8%26.6%32.6%
11/12/20203.1%15.4%-5.9%
8/31/20200.0%8.7%-15.5%
SUMMARY STATS   
# Positive141611
# Negative10813
Median Positive8.2%14.8%18.7%
Median Negative-6.9%-8.6%-7.5%
Max Positive32.6%26.6%42.3%
Max Negative-20.7%-29.4%-30.5%

SEC Filings

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Report DateFiling DateFiling
03/31/202605/07/202610-Q
12/31/202502/26/202610-K
09/30/202511/05/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202403/03/202510-K
09/30/202411/07/202410-Q
06/30/202408/07/202410-Q
03/31/202405/08/202410-Q
12/31/202302/29/202410-K
09/30/202311/08/202310-Q
06/30/202308/09/202310-Q
03/31/202305/10/202310-Q
12/31/202203/01/202310-K
09/30/202211/09/202210-Q
06/30/202208/09/202210-Q
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Report DateFiling DateFiling
03/31/202605/07/202610-Q
12/31/202502/26/202610-K
09/30/202511/05/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202403/03/202510-K
09/30/202411/07/202410-Q
06/30/202408/07/202410-Q
03/31/202405/08/202410-Q
12/31/202302/29/202410-K
09/30/202311/08/202310-Q
06/30/202308/09/202310-Q
03/31/202305/10/202310-Q
12/31/202203/01/202310-K
09/30/202211/09/202210-Q
06/30/202208/09/202210-Q
03/31/202205/10/202210-Q
12/31/202103/01/202210-K
09/30/202111/10/202110-Q
06/30/202108/11/202110-Q
03/31/202105/12/202110-Q
12/31/202003/24/202110-K
09/30/202011/12/202010-Q
06/30/202008/31/202010-Q
03/31/202007/23/2020424B4

Recent Forward Guidance

Updated 6/1/2026

Latest: Q1 2026 Earnings Reported 5/6/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q2 2026 Revenue190.00 Mil200.00 Mil210.00 Mil  Higher New
Q2 2026 Consolidated Adjusted EBITDA as a percentage of revenue0.160.170.18  Higher New
2026 Consolidated Adjusted EBITDA125.00 Mil127.50 Mil130.00 Mil0 AffirmedGuidance: 127.50 Mil for 2026
2026 Revenue840.00 Mil870.00 Mil900.00 Mil0 AffirmedGuidance: 870.00 Mil for 2026

Prior: Q4 2025 Earnings Reported 2/25/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Consolidated Adjusted EBITDA125.00 Mil127.50 Mil130.00 Mil2.0% RaisedGuidance: 125.00 Mil for 2026
2026 Revenue840.00 Mil870.00 Mil900.00 Mil   
2026 Emergency Response Revenue50.00 Mil60.00 Mil70.00 Mil   
2026 Consolidated Adjusted EBITDA Margin 15.0%    
2026 Organic Revenue Growth 8.0%    
2026 Consolidated Adjusted EBITDA Growth 10.0%    

Insider Activity

Updated 6/8/2026
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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Graham, Peter DirectBuy608202617.1925,140432,1574,412,484Form
2Graham, Peter DirectBuy605202615.944,86077,4683,690,891Form
3Manthripragada, VijayPresident & CEODirectSell316202625.4146,1211,171,9356,016,783Form
4Revuelta, JoseChief Strategy OfficerDirectSell311202627.007,858212,1667,270,614Form
5Afsari, NasymGeneral Counsel and SecretaryDirectSell304202628.3743,3481,229,6965,811,979Form
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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Graham, Peter DirectBuy608202617.1925,140432,1574,412,484Form
2Graham, Peter DirectBuy605202615.944,86077,4683,690,891Form
3Manthripragada, VijayPresident & CEODirectSell316202625.4146,1211,171,9356,016,783Form
4Revuelta, JoseChief Strategy OfficerDirectSell311202627.007,858212,1667,270,614Form
5Afsari, NasymGeneral Counsel and SecretaryDirectSell304202628.3743,3481,229,6965,811,979Form
6Presby, J Thomas DirectSell304202628.8710,000288,6911,807,611Form
7Afsari, NasymGeneral Counsel and SecretaryDirectSell304202630.002006,0006,146,340Form
8Manthripragada, VijayPresident & CEODirectSell1112202524.0744,9841,082,9007,622,403Form
9Manthripragada, VijayPresident & CEODirectSell1112202524.7444,9831,112,9517,834,101Form
Core Cache Last Updated: 6/21/2026