ON Semiconductor Corporation (on)
ON — Company Overview
Investors tracking ON follow a Semiconductors name listed on NMS within Technology.
| Ticker | ON |
| Sector | Technology |
| Industry | Semiconductors |
| Exchange | NMS |
| Market cap | $28.85B |
| Last price | $74.10 |
| Size category | Large Cap |
ON — Business Description
The business profile of ON Semiconductor Corporation (ON) reflects its role in Semiconductors. ON Semiconductor Corporation provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally. It operates through three segments: Power Solutions Group, Analog and Mixed-Signal Group, and Intelligent Sensing Group. The Power Solutions Group segment offers discrete, module, and integrated semiconductor devices designed to enable power conversion, including power switching, signal conditioning, and circuit protection technologies. Its Analog and Mixed-Signal Group segment designs and develops analog and mixed-signal solutions, including power management, sensor interface, connectivity, and standard products for automotive, industrial automation…
Official website: https://www.onsemi.com.
ON — Investment Thesis
ON Semiconductor Corporation (ON) attracts investors weighing Semiconductors fundamentals against current market pricing.
- Revenue is expanding at roughly 9.2% year-over-year (public data).
- Trailing P/E of 47.20× implies elevated growth expectations at the current price.
- Forward P/E (16.36×) is below trailing P/E — earnings may be expected to improve.
- Equity market capitalization is approximately $28.85B.
See the free estimates and earnings pages for public targets and growth metrics. Ownership, live news, and deeper models remain in Vest Terminal.
ON — Financial Health
ON financial profile reflects operating efficiency and capital structure using available market fundamentals.
Profit margin near 10.2% leaves a narrower cushion versus higher-margin peers. Positive free cash flow of $1.66B supports balance-sheet flexibility.
| Trailing P/E | 47.20× |
| Forward P/E | 16.36× |
| Price / Sales | 4.65× |
| Price / Book | 4.00× |
| Gross margin | 42.8% |
| Operating margin | 19.5% |
| Profit margin | 10.2% |
| Return on equity | 8.3% |
| Debt / Equity | 65.06 |
| Free cash flow | $1.66B |
ON — Growth Outlook
Growth outlook for ON Semiconductor Corporation (ON) depends on demand trends in Semiconductors and the company's ability to convert revenue into sustainable earnings.
- Revenue growth of 9.2% suggests steady but measured expansion.
- Earnings growth of 36.6% year-over-year supports improving profitability.
- Price is 45.1% below the 52-week high.
ON — Competitive Position
ON Semiconductor Corporation (ON) is evaluated against peers on scale, margin structure, and capital efficiency within Technology.
- Competes within Technology, specifically in Semiconductors.
- Market capitalization of $28.85B places ON among large-cap peers.
- Gross margin near 42.8% may reflect pricing power or favorable mix.
ON — Strengths
Strengths for ON Semiconductor Corporation (ON) inferred from public financial metrics:
- Revenue growth of 9.2% year-over-year.
- Earnings growth of 36.6% year-over-year.
- Gross margin of 42.8% supports competitive unit economics.
- Positive free cash flow ($1.66B).
- Moderate leverage (debt/equity 65.06).
- Large Cap scale ($28.85B) may provide distribution and funding advantages.
ON — Weaknesses
Weaknesses and pressure points for ON Semiconductor Corporation (ON) based on available data:
- Elevated trailing P/E (47.20×) limits valuation margin of safety.
- High beta (2.00) amplifies market swings.
- Price 45% below the 52-week high — sustained negative sentiment.
ON — Opportunities
- Sustained revenue growth (9.2%) could support multiple expansion if margins hold.
- Positive free cash flow enables reinvestment, debt reduction, or shareholder returns.
- Forward earnings multiple below trailing P/E — potential earnings acceleration ahead.
ON — Risks
- Beta of 2.00 implies above-market volatility.
- Rich valuation (P/E 47.20×) increases downside if growth slows.
ON — Summary
ON Semiconductor Corporation (ON) is a large-cap Technology company focused on Semiconductors, listed on NMS. Last price $74.10 with market cap $28.85B. Trailing P/E 47.20×. Revenue grew 9.2% year-over-year per public data. Notable strengths include revenue growth of 9.2% year-over-year. Key watch items include elevated trailing p/e (47.20×) limits valuation margin of safety. Review free estimates and earnings pages for ON; upgrade for institutional ownership and live headlines.
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ON Semiconductor Corporation FAQ
What does ON Semiconductor Corporation (ON) do?
ON Semiconductor Corporation provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally. It operates through three segments: Power Solutions Group, Analog and Mixed-Signal Group, and Intelligent Sensing Gr…
What is ON's P/E ratio?
ON Semiconductor Corporation has a trailing P/E of 47.20× based on publicly available market data.
Does ON pay a dividend?
Indicated dividend yield: none reported. Confirm ex-dates and payout history in Vest Terminal.
What sector is ON in?
ON Semiconductor Corporation is classified in Technology (Semiconductors) on NMS.
What is ON's market capitalization?
Approximate market cap: $28.85B.
What are the main risks for ON?
Key risks include above-average volatility (beta 2.00), elevated valuation, among factors on this page.
What are the strengths of ON?
Potential positives include revenue growth of 9.2% year-over-year, earnings growth of 36.6% year-over-year.
Where can I get analyst estimates for ON?
Public analyst price targets and consensus for ON Semiconductor Corporation are on the free /stocks/on/estimates page. Deeper estimate history and models are available in Vest Terminal.