on semiconductor corp. - ON

ON

Close Chg Chg %
67.31 1.23 1.83%

Open Market

68.54

+1.23 (1.83%)

Volume: 1.69M

Last Updated:

Nov 21, 2024, 1:34 PM EDT

Company Overview: on semiconductor corp. - ON

ON Key Data

Open

$67.90

Day Range

66.45 - 68.61

52 Week Range

59.34 - 86.77

Market Cap

$28.66B

Shares Outstanding

425.80M

Public Float

423.06M

Beta

1.65

Rev. Per Employee

N/A

P/E Ratio

16.70

EPS

$4.10

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

7.10M

 

ON Performance

1 Week
 
2.92%
 
1 Month
 
-2.69%
 
3 Months
 
-12.72%
 
1 Year
 
-3.80%
 
5 Years
 
220.28%
 

ON Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 33
Full Ratings ➔

About on semiconductor corp. - ON

ON Semiconductor Corp. engages in the provision of power and sensing solutions, and technologies for electrification of the automotive industry. It operates through the following segments: Power Solutions Group (PSG), Advanced Solutions Group (ASG), and Intelligent Sensing Group (ISG). The PSG segment offers analog, discrete, module, and integrated semiconductor products that perform multiple application functions, including power switching, power conversion, signal conditioning, circuit protection, signal amplification, and voltage regulation functions. The ASG segment designs and develops analog, mixed-signal, advanced logic, application specific standard products, and application specific integrated circuits, radio frequency, and integrated power solutions. The ISG segment includes the design and development of complementary metal oxide semiconductor image sensors, image signal processors, single photon detectors, including silicon photomultipliers and single photon avalanche diode arrays, as well as actuator drivers for autofocus and image. The company was founded on July 4, 1999 and is headquartered in Scottsdale, AZ.

ON At a Glance

ON Semiconductor Corp.
5701 North Pima Road
Scottsdale, Arizona 85250
Phone 1-602-244-6600 Revenue 8.25B
Industry Semiconductors Net Income 2.18B
Sector Electronic Technology Employees 30,100
Fiscal Year-end 12 / 2024
View SEC Filings

ON Valuation

P/E Current 16.54
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 17.081
Price to Sales Ratio 4.522
Price to Book Ratio 4.576
Price to Cash Flow Ratio 18.873
Enterprise Value to EBITDA 11.938
Enterprise Value to Sales 4.662
Total Debt to Enterprise Value 0.094

ON Efficiency

Revenue/Employee 274,186.047
Income Per Employee 72,548.173
Receivables Turnover 8.103
Total Asset Turnover 0.655

ON Liquidity

Current Ratio 2.708
Quick Ratio 1.74
Cash Ratio 1.138

ON Profitability

Gross Margin 46.438
Operating Margin 31.67
Pretax Margin 30.726
Net Margin 26.459
Return on Assets 17.335
Return on Equity 31.26
Return on Total Capital 19.145
Return on Invested Capital 21.748

ON Capital Structure

Total Debt to Total Equity 46.563
Total Debt to Total Capital 31.77
Total Debt to Total Assets 27.421
Long-Term Debt to Equity 35.926
Long-Term Debt to Total Capital 24.513
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for On Semiconductor Corp. - ON

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
5.25B 6.74B 8.33B 8.25B
Sales Growth
-4.76% +28.25% +23.54% -0.88%
Cost of Goods Sold (COGS) incl D&A
3.66B 4.12B 4.33B 4.42B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
625.10M 596.70M 551.80M 609.50M
Depreciation
504.80M 497.70M 470.60M 558.40M
Amortization of Intangibles
120.30M 99.00M 81.20M 51.10M
COGS Growth
- +12.71% +4.99% +2.09%
Gross Income
1.60B 2.62B 4.00B 3.83B
Gross Income Growth
-14.15% +63.92% +52.79% -4.09%
Gross Profit Margin
+30.36% +38.80% +47.99% +46.44%
2020 2021 2022 2023 5-year trend
SG&A Expense
1.18B 1.24B 1.22B 1.22B
Research & Development
642.90M 655.00M 600.20M 577.30M
Other SG&A
536.40M 586.50M 618.20M 641.50M
SGA Growth
-2.91% +5.27% -1.86% +0.03%
Other Operating Expense
- - - -
-
Unusual Expense
67.50M 115.20M 424.70M 88.20M
EBIT after Unusual Expense
348.70M 1.26B 2.35B 2.53B
Non Operating Income/Expense
16.30M 48.70M 95.30M 71.30M
Non-Operating Interest Income
4.90M 1.40M 15.50M 93.10M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
188.40M 149.50M 86.00M 61.00M
Interest Expense Growth
+29.75% -20.65% -42.47% -29.07%
Gross Interest Expense
188.40M 149.50M 86.00M 61.00M
Interest Capitalized
- - - -
-
Pretax Income
176.60M 1.16B 2.36B 2.54B
Pretax Income Growth
-36.15% +555.61% +104.02% +7.35%
Pretax Margin
+3.36% +17.18% +28.37% +30.73%
Income Tax
(59.80M) 146.60M 458.40M 350.20M
Income Tax - Current - Domestic
700.00K 12.80M 363.70M 394.30M
Income Tax - Current - Foreign
54.00M 43.30M 73.80M 76.90M
Income Tax - Deferred - Domestic
(135.60M) 97.00M (11.20M) (94.70M)
Income Tax - Deferred - Foreign
21.10M (6.50M) 32.10M (26.30M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
236.40M 1.01B 1.90B 2.19B
Minority Interest Expense
2.20M 1.60M 1.60M 1.90M
Net Income
234.20M 1.01B 1.90B 2.18B
Net Income Growth
+10.63% +331.08% +88.41% +14.80%
Net Margin Growth
+4.46% +14.98% +22.85% +26.46%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
234.20M 1.01B 1.90B 2.18B
Preferred Dividends
- - - -
-
Net Income Available to Common
234.20M 1.01B 1.90B 2.18B
EPS (Basic)
0.5702 2.3716 4.391 5.0701
EPS (Basic) Growth
+10.68% +315.92% +85.15% +15.47%
Basic Shares Outstanding
410.70M 425.70M 433.20M 430.70M
EPS (Diluted)
0.5592 2.2749 4.2486 4.8903
EPS (Diluted) Growth
+9.88% +306.81% +86.76% +15.10%
Diluted Shares Outstanding
418.80M 443.80M 448.20M 446.80M
EBITDA
1.04B 1.97B 3.33B 3.22B
EBITDA Growth
-15.81% +89.23% +68.96% -3.19%
EBITDA Margin
+19.82% +29.24% +39.99% +39.05%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 86.00
Number of Ratings 33 Current Quarters Estimate 0.978
FY Report Date 12 / 2024 Current Year's Estimate 4.006
Last Quarter’s Earnings 0.99 Median PE on CY Estimate N/A
Year Ago Earnings 5.16 Next Fiscal Year Estimate 4.309
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 29 28 29 29
Mean Estimate 0.98 0.94 4.01 4.31
High Estimates 1.01 1.05 4.09 5.18
Low Estimate 0.93 0.89 3.98 4.00
Coefficient of Variance 1.28 4.01 0.48 5.48

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 17 16 17
OVERWEIGHT 2 2 2
HOLD 12 13 12
UNDERWEIGHT 0 0 0
SELL 2 2 2
MEAN Overweight Overweight Overweight

Insider Actions for On Semiconductor Corp. - ON

Date Name Shares Transaction Value
Jul 3, 2024 Simon Keeton Group President, PSG 262,031 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $69.18 per share 18,127,304.58
Jun 14, 2024 Sam Thad Trent Exec VP & CFO 331,829 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $72.55 per share 24,074,193.95
May 31, 2024 Sudhir Gopalswamy Group President, ASG & ISG 115,681 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $72.56 per share 8,393,813.36
Feb 23, 2024 Hassane El-Khoury CEO & President; Director 767,291 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 23, 2024 Hassane El-Khoury CEO & President; Director 853,609 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 23, 2024 Hassane El-Khoury CEO & President; Director 841,960 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $77.62 per share 65,352,935.20
Feb 23, 2024 Sam Thad Trent Exec VP & CFO 338,834 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 23, 2024 Sam Thad Trent Exec VP & CFO 369,754 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 23, 2024 Sudhir Gopalswamy SVP & GM, ASG 84,897 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 23, 2024 Sudhir Gopalswamy SVP & GM, ASG 108,087 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 23, 2024 Simon Keeton EVP & GM, PSG 238,899 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 23, 2024 Simon Keeton EVP & GM, PSG 262,089 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 23, 2024 Ross F. Jatou SVP & GM, ISG 112,730 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $77.47 per share 8,733,193.10
Feb 14, 2024 Ross F. Jatou SVP & GM, ISG 120,251 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $80.92 per share 9,730,710.92

On Semiconductor Corp. in the News