ON Semiconductor (ON)
Information Technology · Power and analog semiconductors
Semiconductor maker delivering integrated power and sensing chips that drive EV electrification, industrial energy efficiency, and AI data center power optimization.
What ON Semiconductor does
ON Semiconductor designs and manufactures intelligent power and intelligent sensing solutions for automotive, industrial, and AI data center markets. The company enables vehicle electrification, ADAS/autonomous driving capabilities, energy efficiency in solar and industrial power systems, and power optimization for AI infrastructure. Organized into three segments—Power Solutions Group (PSG), Analog and Mixed-Signal Group (AMG), and Intelligent Sensing Group (ISG)—ON serves customers seeking high-efficiency, integrated semiconductor technologies.
Themes: ["EV electrification / EV supply chain","autonomous driving / ADAS","AI infrastructure / data centers","energy efficiency / power optimization","industrial automation","renewable energy / solar","intelligent sensing","semiconductor manufacturing"]
Fundamentals
- Price$97.87 as of 2026-07-09 close
- Market cap$39.4B as of 2026-07-10
- 1-year return+69.4% as of 2026-07-09 close
- P/E68.61 as of 2026-07-10
- Net margin+9.5% as of 2026-07-10
- Gross margin+37.5% as of 2026-07-10
- ROE+7.4% as of 2026-07-10
- Debt / equity0.41 as of 2026-07-10
- Revenue growth (YoY)-9.0% as of 2026-07-10
- Revenue CAGR (3y)-10.4% SEC XBRL
- Beta2.03 as of 2026-07-10
Key risks (from latest filing)
["Revenue decline of 9% YoY despite strong price appreciation suggests demand weakness in core markets; restructuring charges of $496M in asset impairments signal manufacturing overcapacity and potential future margin pressure","Exposure to cyclical automotive and industrial end-markets with heavy dependence on EV adoption rates and AI data center capex cycles creates earnings volatility","Manufacturing realignment program resulted in termination of 2,400 employees and $268M inventory write-downs, indicating execution risk and potential supply chain disruption"]
Competitors & peers
- Texas Instruments (TXN)
- Infineon Technologies
- STMicroelectronics (STM)
- NXP Semiconductors (NXPI)
- Analog Devices (ADI)
- Qualcomm (QCOM)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.