ON Semiconductor Corporation (ON) is a Technology company in the Semiconductors industry with a 68% Buy Score. Key strengths include Gross Margin (42.8%), Net Margin (10.2%). The score on this page is a five-factor screen — revenue growth, gross margin, net margin, return on equity and debt-to-equity — each scored against fixed thresholds from a neutral starting point of 50%. The eight-section analysis, including moat, free cash flow, dilution and valuation, runs in the full report.
This analysis is generated by StrongBuyAnalytics AI using publicly available financial data from SEC filings, earnings reports, and market feeds. It is not personalized investment advice. See our methodology and disclaimer.
3 of the inputs in our model moved ON's score away from the neutral baseline of 50%, landing it at 68% (Buy). Each one below is a specific figure from ON Semiconductor Corporation's reported financials, not a judgement call:
4 data points sit outside the score itself but bear on ON Semiconductor Corporation's next few quarters. They are reported here as observations, not predictions:
Compared against other Semiconductors companies we cover, picked for having a similar market capitalisation to ON.
2 measurable risks showed up in ON Semiconductor Corporation's numbers. This is not a complete list of what could go wrong — only what is visible in the data we score:
ON Semiconductor Corporation's liquidity and cash generation as of the most recent filing — note the cash position of $3.86B against $4.71B of debt:
Figures are drawn from ON Semiconductor Corporation's most recent balance sheet and cash flow statement as filed with the SEC. See the filings themselves.
Institutional investment managers with >$100 M in qualifying assets must disclose their equity positions quarterly on SEC Form 13F — typically within 45 days of quarter-end. Search those filings below to see which hedge funds, mutual funds, and asset managers reported ON as a holding, how many shares they held, and how positions changed quarter over quarter.
We do not answer that question for you, and we do not publish buy or sell calls. What we publish is a score: ON rates 68% on our five-factor fundamentals screen, which puts it in the "Buy" band. Everything below explains how it got there so you can disagree with it.
ON Semiconductor Corporation clears some of our thresholds and misses others. On the positive side, gross margin (42.8%). A middling score means the fundamentals are genuinely ambiguous, not that we have hedged.
ON Semiconductor Corporation reported revenue growth of 9.2% year over year, against a Semiconductors peer set where scale and pricing power vary widely. That is solid but not exceptional, so it lifts the score without dominating it.
Earnings grew 36.6% over the same period, outpacing revenue — a sign of operating leverage.
Track upcoming report dates on our earnings calendar.
This is a fundamentals outlook, not a price target — we do not publish one. It describes what ON Semiconductor Corporation's current financials imply about the next three to twelve months if the trends in them hold.
Mixed: Revenue growth of 9.2% sits alongside metrics that neither help nor hurt the score materially. On the fundamentals alone there is no strong case in either direction for ON at present.
These are the ON Semiconductor Corporation figures that push the score up, taken straight from the most recent reported financials:
See how every metric on this ON page — quality score, valuation, DCF scenarios, confidence, and data limitations — fits into a professional research report.
Generate My Free ON ReportGuides to the specific measures used in this ON analysis:
How the financial statements behind this page fit together.
Understanding P/E RatioWhat ON's 47.5x multiple does and does not tell you.
Return on Equity (ROE)Why ON's 8.3% return on equity matters for stock selection.
Stock Valuation MethodsHow DCF, multiples and asset-based approaches value a company like ON Semiconductor Corporation.
How to Read Earnings ReportsWhere the ON growth and margin figures on this page come from.
What Are Demand Zones?The technical side we deliberately keep out of the ON score.
Latest SEC filings for ON explained in plain English — insider buys/sells (Form 4), proposed sales (Form 144), material events (8-K), and quarterly & annual reports.
