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ON Semiconductor Corporation (ON) Stock Grade

ON · Technology

B-
Grade updated: July 18, 2026
Computed by the GradeMyInvestments scoring model from revenue growth, profitability, balance-sheet strength, and analyst targets.
Market Cap
$22.3B
P/E Ratio
183.9
Revenue Growth (YoY)
-15.4%
Net Margin
2.0%
Return on Equity
1.6%
Dividend Yield
None

About ON Semiconductor Corporation's fundamentals

ON Semiconductor has a market capitalization of $22.3 billion but is currently unprofitable or minimally profitable, with a net margin of only 2.0% and a return on equity of 1.6%. The company is experiencing significant headwinds, with revenue declining 15.4% year-over-year, suggesting a contraction in demand or market share. The valuation metrics reflect the challenging operational environment, with a P/E ratio of 183.9 indicating investors are pricing in minimal current earnings, and the company does not currently pay a dividend.

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