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ON Semiconductor Corp Stock Research

ON

91.82USD-1.02(-1.10%)Delayedas of 21 Sep 2023, 11:12 am
Watchlist

Market Summary

USD91.82-1.02
Delayedas of 21 Sep 2023, 11:12 am
-1.10%

ON Alerts

  • 2 major insider sales recently.

ON Stock Price

ON RSI Chart

ON Valuation

Market Cap

40.1B

Price/Earnings (Trailing)

20.5

Price/Sales (Trailing)

4.8

EV/EBITDA

12.24

Price/Free Cashflow

34.29

ON Price/Sales (Trailing)

ON Profitability

Operating Margin

48.36%

EBT Margin

27.34%

Return on Equity

28.44%

Return on Assets

14.94%

Free Cashflow Yield

2.92%

ON Fundamentals

ON Revenue

Revenue (TTM)

8.4B

Revenue Y/Y

0.45%

Revenue Q/Q

6.87%

ON Earnings

Earnings (TTM)

2.0B

Earnings Y/Y

26.5%

Earnings Q/Q

24.89%

Price Action

52 Week Range

54.93111.35
(Low)(High)

Last 7 days

-4.1%

Last 30 days

-0.2%

Last 90 days

4.4%

Trailing 12 Months

35.6%

ON Financial Health

Current Ratio

2.22

Debt/Equity

0.52

Debt/Cashflow

0.81

ON Investor Care

Buy Backs (1Y)

0.62%

Diluted EPS (TTM)

4.37

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for ON

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-12
COLPITTS BERNARD RAYMOND JR
sold
-97,103
96.62
-1,005
chief accounting officer
2023-09-11
COLPITTS BERNARD RAYMOND JR
sold
-277,208
99.18
-2,795
chief accounting officer
2023-09-08
Jatou Ross
sold (taxes)
-161,274
97.92
-1,647
svp & gm, isg
2023-09-01
Lampe-Onnerud Christina
acquired
-
-
1,601
-
2023-08-19
COLPITTS BERNARD RAYMOND JR
sold (taxes)
-30,122
90.73
-332
chief accounting officer
2023-08-17
Yan Christine Y
sold
-333,988
92.16
-3,624
-
2023-07-31
KEETON SIMON
sold
-1,088,950
109
-9,923
evp & gm, psg
2023-07-18
El-Khoury Hassane
sold
-2,100,000
105
-20,000
ceo & president
2023-07-13
KEETON SIMON
sold
-1,027,640
100
-10,276
evp & gm, psg
2023-07-01
Jatou Ross
sold (taxes)
-20,713
94.58
-219
svp & gm, isg

1–10 of 50

Which funds bought or sold ON recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
added
59.12
28,021
61,855
0.01%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
added
282
54,505
70,557
0.02%
2023-09-07
JAG CAPITAL MANAGEMENT, LLC
reduced
-24.43
-2,213,380
14,583,200
1.69%
2023-09-05
Covenant Partners, LLC
added
0.24
82,723
628,011
0.23%
2023-08-28
DT Investment Partners, LLC
unchanged
-
16,220
58,910
0.01%
2023-08-25
STRATEGY ASSET MANAGERS LLC
added
6.95
247,120
1,327,240
0.30%
2023-08-24
Alberta Investment Management Corp
reduced
-16.27
-715,660
18,100,100
0.17%
2023-08-23
Rehmann Capital Advisory Group
added
3.14
47,095
301,710
0.03%
2023-08-23
CTC Alternative Strategies, Ltd.
new
-
331,030
331,030
0.41%
2023-08-23
WOLVERINE TRADING, LLC
reduced
-46.08
-2,501,300
3,858,700
-%

1–10 of 44

Latest Funds Activity

Are funds buying ON calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ON
No. of Funds

Schedule 13G FIlings of ON Semiconductor

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
11.55%
49,935,983
SC 13G/A
Jan 23, 2023
blackrock inc.
10.0%
43,279,141
SC 13G/A
Sep 12, 2022
fmr llc
-
0
SC 13G/A
Jul 11, 2022
vanguard group inc
11.59%
50,340,515
SC 13G/A
Jul 08, 2022
blackrock inc.
10.4%
45,235,483
SC 13G
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 03, 2022
blackrock inc.
9.6%
41,259,697
SC 13G/A
Feb 12, 2021
spring creek capital llc
0%
0
SC 13G/A
Feb 10, 2021
vanguard group inc
8.91%
36,659,554
SC 13G/A

Recent SEC filings of ON Semiconductor

View All Filings
Date Filed Form Type Document
Sep 14, 2023
8-K
Current Report
Sep 13, 2023
4
Insider Trading
Sep 12, 2023
144
Notice of Insider Sale Intent
Sep 12, 2023
4
Insider Trading
Sep 11, 2023
144
Notice of Insider Sale Intent
Sep 06, 2023
3
Insider Trading
Sep 06, 2023
4
Insider Trading
Aug 23, 2023
8-K
Current Report
Aug 22, 2023
4
Insider Trading
Aug 21, 2023
4
Insider Trading

ON Fair Value

Loading...

Peers (Alternatives to ON Semiconductor)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.0T
32.7B
-10.07% 220.66%
101.17
31.96
9.90% 33.38%
343.0B
35.5B
-4.00% 72.51%
25.06
9.68
11.91% 53.33%
161.9B
21.9B
-7.28% 33.34%
-6.5K
7.4
1.39% -100.80%
147.2B
18.8B
-3.48% -1.61%
19.15
7.82
-3.94% -10.38%
145.1B
54.0B
4.68% 22.88%
-157.35
2.68
-26.36% -104.83%
18.1B
3.0B
-6.86% 26.95%
115.58
6.05
20.63% -17.29%
11.7B
722.9M
-7.22% 65.38%
56.93
16.13
23.44% 50.75%
MID-CAP
5.5B
6.9B
-12.42% 23.72%
9.5
0.8
6.33% -16.28%
4.5B
514.5M
-4.14% 15.96%
49.9
8.77
-28.10% -51.06%
SMALL-CAP
1.2B
1.7B
-2.70% 33.62%
-44.3
0.67
-7.23% -137.93%
877.0M
1.1B
-12.41% 10.30%
38.86
0.82
-8.91% -64.16%
790.1M
691.3M
-8.49% -14.61%
63.9
1.14
-11.09% -97.27%
483.0M
122.0M
-0.73% -25.65%
-15.55
3.96
-9.27% -3581.39%
309.4M
250.2M
-8.00% -30.79%
-7.81
1.24
-43.50% -156.17%

ON Semiconductor News

Barchart
Rupert Murdoch, Creator Of Fox News, Stepping Down As Head Of ....
Barchart,
100 minutes ago
Digital Journal
InvestorsObserver

Returns for ON

Cumulative Returns on ON

28.9%


10-Year Cumulative Returns

34.3%


7-Year Cumulative Returns

37.1%


5-Year Cumulative Returns

63.0%


3-Year Cumulative Returns

Risks for ON

What is the probability of a big loss on ON?

80%


Probability that ON Semiconductor stock will be more than 20% underwater in next one year

47.3%


Probability that ON Semiconductor stock will be more than 30% underwater in next one year.

32.3%


Probability that ON Semiconductor stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ON drawdown profile look like?

Y-axis is the maximum loss one would have experienced if ON Semiconductor was unfortunately bought at previous high price.

Drawdowns

Financials for ON Semiconductor

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue0.1%8,3508,3418,3268,0697,6187,2036,7406,3405,9155,4595,2555,2115,2755,4095,5185,6195,7795,8875,8785,7535,602
Gross Profit-1.1%3,9904,0334,0773,8893,5513,1542,7142,3802,1001,8341,7161,7041,7381,8631,9742,0582,1792,2352,2392,1862,113
Operating Expenses-7.7%1,6211,7561,7171,7531,4411,3461,4271,4041,4051,3781,3671,3841,5811,5911,5411,5411,3771,3941,3921,3941,386
  S&GA Expenses-0.5%287289288284283286294294291281279283293301301308316324325324319
EBITDA-100.0%-2,9363,0092,7232,7072,3911,8851,5631,2851,0739709417728801,018------
EBITDA Margin-100.0%-0.35*0.36*0.34*0.36*0.33*0.28*0.25*0.22*0.20*0.18*0.18*0.15*0.16*0.18*------
Interest Expenses-5.7%94.0010095.0099.00108119130140151159168169167159148139130128128129132
Earnings Before Taxes5.2%2,3982,2802,3622,0652,0311,6891,158812518296177139-23.90102277383683750755687640
EBT Margin-100.0%-0.27*0.28*0.26*0.27*0.23*0.17*0.13*0.09*0.05*0.03*0.03*0.00*0.02*0.05*------
Net Income6.6%1,9551,8341,9021,7241,7221,4501,010673524338234202-19.6084.00212321548602627992934
Net Income Margin-100.0%-0.22*0.23*0.21*0.23*0.20*0.15*0.11*0.09*0.06*0.04*0.04*0.00*0.02*0.04*------
Free Cashflow-100.0%-1,4111,6281,6961,3201,5011,3371,164911609501196225213160------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets4.0%12,76312,27411,97911,10110,78910,2129,6268,9418,5948,6308,6689,2549,5289,4218,4268,5228,5257,5647,5887,4107,297
  Current Assets3.7%5,9305,7165,7295,3094,7854,3673,7823,6423,2303,1883,1843,8134,1444,0323,0203,0733,0643,0473,1683,0972,927
    Cash Equivalents-3.0%2,6222,7022,9192,4501,7921,6451,3531,3891,0911,0431,0811,6542,0601,9828949298859401,087951850
  Inventory8.2%1,9641,8151,6171,5751,5631,4961,3801,3281,3091,2961,2511,2811,2851,2521,2321,2411,2741,2251,2251,2011,204
  Net PPE8.1%3,9913,6933,4512,7622,7102,5592,5242,4282,4582,4892,5122,5122,5672,5802,5922,6022,6202,5852,5502,4012,387
  Goodwill0%1,5781,5781,5781,6001,8152751,9381,6631,6631,6631,6631,6631,6631,6631,6591,659727933933933929
Liabilities-0.8%5,7595,8075,7725,4245,3795,1945,0224,7964,7904,9815,1105,8076,2696,1835,1015,2835,2274,3444,3944,2064,201
  Current Liabilities-3.8%2,4812,5802,0611,7611,7131,5661,5431,4441,4551,7301,6751,8031,7651,7361,8182,0021,2671,3181,4691,3151,895
    LT Debt, Current-1.5%91292614816516517016120320153753270269669073673710613113999.00746
    LT Debt, Non Current0.1%2,5402,5383,0463,0473,0473,0352,9142,9112,9072,8072,9603,5384,0454,0432,8772,8793,5512,6392,6282,6162,020
Shareholder's Equity8.0%6,9846,4676,1895,6565,4105,0184,6044,1443,8043,6503,5583,4473,2593,2383,3243,2403,2983,2213,1943,2033,097
  Retained Earnings11.9%5,4034,8264,3643,7603,4482,9922,4352,0091,7001,5151,4261,3371,1761,1771,1911,1351,1961,094980814647
  Additional Paid-In Capital1.7%4,7154,6344,6714,5994,5664,5334,6334,4994,4704,1614,1333,8783,8553,8303,8103,7793,7583,7233,7023,6703,646
Shares Outstanding-0.1%432432432432434433432431428413412411410411411410412411414426427
Minority Interest2.6%20.0019.0019.0021.0021.0020.0019.0021.0020.0020.0020.0024.0023.0023.0022.0024.0024.0023.0023.0024.0024.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-1.2%2,5332,5632,6332,5281,9752,0421,7821,5561,2709378845766547236951,0241,1401,1861,2741,0781,048
  Share Based Compensation4.2%11110610110410010210191.0085.0074.0068.0069.0066.0075.0079.0081.0084.0080.0078.0077.0075.00
Cashflow From Investing-18.8%-1,351-1,138-705-1,151-1,036-967-915-539-448-422-453-348-422-1,452-1,510-1,497-1,485-610-548-625-578
Cashflow From Financing3.6%-362-376-370-291-213-448-569-1,280-1,789-1,452-2444999291,754623433377-559-605-401-491
  Buy Backs-8.1%33436426016790.00-----65.0065.0079.0012913933940139031511540.00

ON Income Statement

2023-06-30
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jul. 01, 2022
Jun. 30, 2023
Jul. 01, 2022
Income Statement [Abstract]    
Revenue$ 2,094.4$ 2,085.0$ 4,054.1$ 4,030.0
Cost of revenue1,101.01,047.92,143.22,031.6
Gross profit993.41,037.11,910.91,998.4
Operating expenses:    
Research and development145.3161.6283.7318.4
Selling and marketing71.673.1143.4144.2
General and administrative87.283.2163.1161.1
Amortization of acquisition-related intangible assets12.021.927.043.2
Restructuring, asset impairments and other charges, net2.6(1.7)54.1(14.7)
Goodwill and intangible asset impairment charges0.0115.00.0115.0
Total operating expenses318.7453.1671.3767.2
Operating income674.7584.01,239.61,231.2
Other income (expense), net:    
Interest expense(16.4)(22.1)(42.8)(43.7)
Interest income24.01.141.11.5
Loss on debt prepayment0.0(7.3)(13.3)(7.3)
Gain (loss) on divestiture of business0.51.9(0.6)1.9
Other income (expense)(1.3)6.43.48.5
Other income (expense), net6.8(20.0)(12.2)(39.1)
Income before income taxes681.5564.01,227.41,192.1
Income tax provision(104.4)(107.4)(188.1)(204.5)
Net income577.1456.61,039.3987.6
Less: Net income attributable to non-controlling interest(0.5)(0.8)(1.0)(1.6)
Net income attributable to ON Semiconductor Corporation576.6455.81,038.3986.0
Net income for diluted earnings per share of common stock$ 577.0$ 456.3$ 1,039.1$ 987.0
Net income per share of common stock attributable to ON Semiconductor Corporation:    
Basic (in dollars per share)$ 1.34$ 1.05$ 2.40$ 2.27
Diluted (in dollars per share)$ 1.29$ 1.02$ 2.32$ 2.20
Weighted-average shares of common stock outstanding:    
Basic (in shares)431.7434.2431.8433.8
Diluted (in shares)448.7447.0448.6448.1
Comprehensive income (loss), net of tax:    
Net income$ 577.1$ 456.6$ 1,039.3$ 987.6
Foreign currency translation adjustments(3.0)(4.2)(2.7)(6.6)
Effects of cash flow hedges and other adjustments(4.8)1.3(11.5)17.9
Other comprehensive income (loss), net of tax(7.8)(2.9)(14.2)11.3
Comprehensive income569.3453.71,025.1998.9
Comprehensive income attributable to non-controlling interest(0.5)(0.8)(1.0)(1.6)
Comprehensive income attributable to ON Semiconductor Corporation$ 568.8$ 452.9$ 1,024.1$ 997.3

ON Balance Sheet

2023-06-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Assets  
Cash and cash equivalents$ 2,622.2$ 2,919.0
Receivables, net944.4842.3
Inventories1,964.41,616.8
Other current assets399.2351.3
Total current assets5,930.25,729.4
Property, plant and equipment, net3,991.43,450.7
Goodwill1,577.61,577.6
Intangible assets, net326.3359.7
Deferred tax assets502.4376.7
ROU financing lease assets44.645.8
Other assets390.2438.6
Total assets12,762.711,978.5
Liabilities and Stockholders’ Equity  
Accounts payable907.5852.1
Accrued expenses and other current liabilities654.11,047.3
Current portion of financing lease liabilities7.014.2
Current portion of long-term debt912.1147.8
Total current liabilities2,480.72,061.4
Long-term debt2,539.63,045.7
Deferred tax liabilities37.734.1
Long-term financing lease liabilities24.123.0
Other long-term liabilities677.0607.3
Total liabilities5,759.15,771.5
Commitments and contingencies
ON Semiconductor Corporation stockholders’ equity:  
Common stock ($0.01 par value, 1,250,000,000 shares authorized, 611,286,417 and 608,367,713 issued, 431,520,606 and 431,936,415 outstanding, respectively)6.16.1
Additional paid-in capital4,714.64,670.9
Accumulated other comprehensive loss(37.4)(23.2)
Accumulated earnings5,402.74,364.4
Less: Treasury stock, at cost: 179,765,811 and 176,431,298 shares, respectively(3,101.9)(2,829.7)
Total ON Semiconductor Corporation stockholders’ equity6,984.16,188.5
Non-controlling interest19.518.5
Total stockholders’ equity7,003.66,207.0
Total liabilities and stockholders’ equity$ 12,762.7$ 11,978.5
Hassane El-Khoury
30000
ON Semiconductor Corporation provides intelligent sensing and power solutions worldwide. Its intelligent power technologies enable the electrification of the automotive industry that allows for lighter and longer-range electric vehicles, empowers fast-charging systems, and propels sustainable energy for the solar strings, industrial power, and storage systems. The company operates through three segments the Power Solutions Group, the Advanced Solutions Group, and the Intelligent Sensing Group segments. It offers analog, discrete, module, and integrated semiconductor products that perform multiple application functions, including power switching and conversion, signal conditioning, circuit protection, signal amplification, and voltage regulation functions. The company also designs and develops analog, mixed-signal, advanced logic, application specific standard product and ASICs, radio frequency, and integrated power solutions for end-users in end-markets, as well as provides foundry and design services for government customers. In addition, it develops complementary metal oxide semiconductor image sensors, image signal processors, and single photon detectors, including silicon photomultipliers and single photon avalanche diode arrays, as well as actuator drivers for autofocus and image stabilization for a broad base of end-users in various end-markets. ON Semiconductor Corporation was incorporated in 1992 and is headquartered in Phoenix, Arizona.