LSCC vs. ON: Lattice Semiconductor vs. ON Semiconductor Stock Comparison

November 11, 2026

How do Lattice Semiconductor (LSCC) and ON Semiconductor (ON) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Lattice Semiconductor (LSCC) and ON Semiconductor (ON) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

Company profile comparison for Lattice Semiconductor (LSCC) and ON Semiconductor (ON)
Profile Item	LSCC	ON
Name	Lattice Semiconductor Corporation	ON Semiconductor Corporation
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Industry	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Semiconductors	Semiconductors
Market Capitalization	14.94 billion USD	24.65 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	November 9, 1989	May 2, 2000
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

LSCC

GSPC

Lattice Semiconductor (LSCC) vs. ON Semiconductor (ON), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Lattice Semiconductor (LSCC) and ON Semiconductor (ON). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Lattice Semiconductor (LSCC) and ON Semiconductor (ON). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Lattice Semiconductor (LSCC) and ON Semiconductor (ON)
Metric	LSCC	ON
Total Return (1Y)	75.20%	43.93%
Total Return (3Y, Annualized)	26.97%	2.27%
Total Return (5Y, Annualized)	6.51%	3.42%

Risk Profile

Drawdown History

LSCC

GSPC

Lattice Semiconductor (LSCC) vs. ON Semiconductor (ON), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Lattice Semiconductor (LSCC) and ON Semiconductor (ON). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Lattice Semiconductor (LSCC) and ON Semiconductor (ON)
Metric	LSCC	ON
Volatility (1Y, Annualized)	63.70%	64.26%
Beta (5Y)	1.83	2.14
Max Drawdown (5Y)	-61.09%	-70.44%
Avg. Volume (3M)	1.95M	10.22M

Risk-Adjusted Performance

Risk-Return Positioning

LSCC and ON are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Lattice Semiconductor (LSCC) and ON Semiconductor (ON)
Metric	LSCC	ON
Sharpe Ratio (1Y)	1.11	0.62
Sortino Ratio (1Y)	1.71	0.88

Profitability

ROE (TTM)

Both Lattice Semiconductor (LSCC) at 4.21% and ON Semiconductor (ON) at 8.91% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

LSCC

Semiconductors & Semiconductor Equipment industry group

4.21%

Max: 52.82%
Q3: 22.26%
Median: 10.58%
LSCC: 4.21%
Q1: 1.29%
Min: -16.89%

ON

Semiconductors & Semiconductor Equipment industry group

8.91%

Max: 52.82%
Q3: 22.26%
Median: 10.58%
ON: 8.91%
Q1: 1.29%
Min: -16.89%

Lattice Semiconductor (LSCC) vs. ON Semiconductor (ON): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

Both Lattice Semiconductor (LSCC) at 5.53% and ON Semiconductor (ON) at 10.82% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

LSCC

Semiconductors & Semiconductor Equipment industry group

5.53%

Max: 63.80%
Q3: 28.36%
Median: 11.44%
LSCC: 5.53%
Q1: 0.90%
Min: -37.77%

ON

Semiconductors & Semiconductor Equipment industry group

10.82%

Max: 63.80%
Q3: 28.36%
Median: 11.44%
ON: 10.82%
Q1: 0.90%
Min: -37.77%

Lattice Semiconductor (LSCC) vs. ON Semiconductor (ON): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Both Lattice Semiconductor (LSCC) at 17.15% and ON Semiconductor (ON) at 22.23% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

LSCC

Semiconductors & Semiconductor Equipment industry group

17.15%

Max: 58.66%
Q3: 30.23%
LSCC: 17.15%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

ON

Semiconductors & Semiconductor Equipment industry group

22.23%

Max: 58.66%
Q3: 30.23%
ON: 22.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

Lattice Semiconductor (LSCC) vs. ON Semiconductor (ON): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Lattice Semiconductor (LSCC) and ON Semiconductor (ON)
Metric	LSCC	ON
ROE (TTM)	4.21%	8.91%
ROA (TTM)	3.83%	6.03%
Net Margin (TTM)	5.53%	10.82%
Operating Margin (TTM)	17.15%	22.23%
Gross Margin (TTM)	69.49%	39.90%

Growth

Revenue Growth

Lattice Semiconductor (LSCC) at 2.72% is around its peer norm for revenue growth, while ON Semiconductor (ON) at -15.35% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Lattice Semiconductor (LSCC) vs. ON Semiconductor (ON): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Lattice Semiconductor (LSCC) at -95.45% and ON Semiconductor (ON) at -92.01% post bottom-quartile EPS growth versus peers, pointing to weaker earnings momentum than typical rivals.

Lattice Semiconductor (LSCC) vs. ON Semiconductor (ON): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Lattice Semiconductor (LSCC) and ON Semiconductor (ON)
Metric	LSCC	ON
Revenue Growth (YoY)	2.72%	-15.35%
Revenue Growth (3Y CAGR)	-7.46%	-10.37%
EPS Growth (YoY)	-95.45%	-92.01%
EPS Growth (3Y CAGR)	-74.93%	-59.10%

Financial Strength

Current Ratio (MRQ)

ON Semiconductor (ON) at 3.55 keeps current ratio within its industry’s typical mid-range, while Lattice Semiconductor (LSCC) at 1.92 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for LSCC.

LSCC

Semiconductors & Semiconductor Equipment industry group

1.92

Max: 10.33
Q3: 5.62
Median: 3.33
Q1: 2.35
LSCC: 1.92
Min: 1.03

ON

Semiconductors & Semiconductor Equipment industry group

3.55

Max: 10.33
Q3: 5.62
ON: 3.55
Median: 3.33
Q1: 2.35
Min: 1.03

Lattice Semiconductor (LSCC) vs. ON Semiconductor (ON): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Lattice Semiconductor (LSCC) at 0.65 and ON Semiconductor (ON) at 0.62 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

LSCC

Semiconductors & Semiconductor Equipment industry group

0.65

Max: 1.46
LSCC: 0.65
Q3: 0.65
Median: 0.27
Q1: 0.04
Min: 0.00

ON

Semiconductors & Semiconductor Equipment industry group

0.62

Max: 1.46
Q3: 0.65
ON: 0.62
Median: 0.27
Q1: 0.04
Min: 0.00

Lattice Semiconductor (LSCC) vs. ON Semiconductor (ON): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Lattice Semiconductor (LSCC) and ON Semiconductor (ON)
Metric	LSCC	ON
Current Ratio (MRQ)	1.92	3.55
Debt / Equity (MRQ)	0.65	0.62
Net Debt / EBITDA	5.03	0.18

Dividends

Dividend Yield (TTM)

Neither Lattice Semiconductor (LSCC) nor ON Semiconductor (ON) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

LSCC

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 1.37%
Q3: 0.65%
LSCC: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ON

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 1.37%
Q3: 0.65%
ON: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Lattice Semiconductor (LSCC) vs. ON Semiconductor (ON): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Lattice Semiconductor (LSCC) nor ON Semiconductor (ON) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

LSCC

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 49.64%
Q3: 21.71%
LSCC: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ON

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 49.64%
Q3: 21.71%
ON: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Lattice Semiconductor (LSCC) vs. ON Semiconductor (ON): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Lattice Semiconductor (LSCC) and ON Semiconductor (ON)
Metric	LSCC	ON
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

ON Semiconductor (ON) at 37.02 is near its industry’s usual P/E ratio, while Lattice Semiconductor (LSCC) at 338.77 sits above its peer range — an unusually expensive price for LSCC’s trailing earnings.

LSCC

Semiconductors & Semiconductor Equipment industry group

338.77

LSCC: 338.77
Max: 110.34
Q3: 66.81
Median: 37.02
Q1: 23.96
Min: 8.12

ON

Semiconductors & Semiconductor Equipment industry group

37.02

Max: 110.34
Q3: 66.81
ON: 37.02
Median: 37.02
Q1: 23.96
Min: 8.12

Lattice Semiconductor (LSCC) vs. ON Semiconductor (ON): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

ON Semiconductor (ON) at 3.87 is priced about in line with its industry on P/S ratio, while Lattice Semiconductor (LSCC) at 18.47 sits in the pricier quartile — LSCC costs more per dollar of sales.

LSCC

Semiconductors & Semiconductor Equipment industry group

18.47

Max: 21.42
LSCC: 18.47
Q3: 12.27
Median: 5.76
Q1: 2.73
Min: 0.00

ON

Semiconductors & Semiconductor Equipment industry group

3.87

Max: 21.42
Q3: 12.27
Median: 5.76
ON: 3.87
Q1: 2.73
Min: 0.00

Lattice Semiconductor (LSCC) vs. ON Semiconductor (ON): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

ON Semiconductor (ON) at 3.26 is valued about in line with its industry on P/B ratio, while Lattice Semiconductor (LSCC) at 10.53 carries an above-peer premium to book — LSCC is pricier on assets.

LSCC

Semiconductors & Semiconductor Equipment industry group

10.53

Max: 14.06
LSCC: 10.53
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

ON

Semiconductors & Semiconductor Equipment industry group

3.26

Max: 14.06
Q3: 7.44
Median: 4.29
ON: 3.26
Q1: 2.30
Min: 0.20

Lattice Semiconductor (LSCC) vs. ON Semiconductor (ON): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Lattice Semiconductor (LSCC) and ON Semiconductor (ON)
Metric	LSCC	ON
P/E Ratio (TTM)	338.77	37.02
P/S Ratio (TTM)	18.47	3.87
P/B Ratio (MRQ)	10.53	3.26
Free Cash Flow Yield (TTM)	1.39%	6.55%