ON vs. SITM: ON Semiconductor vs. SiTime Stock Comparison
How do ON Semiconductor (ON) and SiTime (SITM) 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
ON Semiconductor (ON) and SiTime (SITM) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.
ON Semiconductor (ON) has more than two decades of public-market history since May 2, 2000, whereas SiTime (SITM) listed on November 20, 2019 and has a much shorter record to draw on.
| Profile Item | ON | SITM |
|---|---|---|
| Name | ON Semiconductor Corporation | SiTime 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 | 24.65 billion USD | 12.59 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | May 2, 2000 | November 20, 2019 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ON | SITM |
|---|---|---|
| Total Return (1Y) | 43.93% | 40.83% |
| Total Return (3Y, Annualized) | 2.27% | 62.79% |
| Total Return (5Y, Annualized) | 3.42% | 13.55% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
ON Semiconductor (ON) is heavily traded at around 10.22M shares per day, whereas SiTime (SITM) sees a more moderate 535.52K — larger orders in the latter may require more patience and tighter control over order sizing.
| Metric | ON | SITM |
|---|---|---|
| Volatility (1Y, Annualized) | 64.26% | 88.57% |
| Beta (5Y) | 2.14 | 2.87 |
| Max Drawdown (5Y) | -70.44% | -78.12% |
| Avg. Volume (3M) | 10.22M | 535.52K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ON | SITM |
|---|---|---|
| Sharpe Ratio (1Y) | 0.62 | 0.41 |
| Sortino Ratio (1Y) | 0.88 | 0.66 |
Profitability
ROE (TTM)
ON Semiconductor (ON) at 8.91% is around its peer norm for ROE, while SiTime (SITM) at 1.15% drops into the bottom quartile, signaling weaker returns on shareholders’ equity.
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%
SITM
Semiconductors & Semiconductor Equipment industry group
1.15%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- Q1
- 1.29%
- SITM
- 1.15%
- Min
- -16.89%
Net Margin (TTM)
Both ON Semiconductor (ON) at 10.82% and SiTime (SITM) at 3.87% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
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%
SITM
Semiconductors & Semiconductor Equipment industry group
3.87%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- SITM
- 3.87%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Both ON Semiconductor (ON) at 22.23% and SiTime (SITM) at 9.92% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
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%
SITM
Semiconductors & Semiconductor Equipment industry group
9.92%
- Max
- 58.66%
- Q3
- 30.23%
- Median
- 15.91%
- SITM
- 9.92%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | ON | SITM |
|---|---|---|
| ROE (TTM) | 8.91% | 1.15% |
| ROA (TTM) | 6.03% | 0.89% |
| Net Margin (TTM) | 10.82% | 3.87% |
| Operating Margin (TTM) | 22.23% | 9.92% |
| Gross Margin (TTM) | 39.90% | 56.24% |
Growth
Revenue Growth
SiTime (SITM) at 61.16% sits in the top revenue growth quartile, while ON Semiconductor (ON) at -15.35% is in the bottom quartile, showing a clear gap in revenue momentum.
EPS Growth
Only one side can be read here: ON Semiconductor (ON) reports EPS growth of -92.01%, ranked against its industry; SiTime (SITM) has no EPS growth figure this period.
Growth Metrics
| Metric | ON | SITM |
|---|---|---|
| Revenue Growth (YoY) | -15.35% | 61.16% |
| Revenue Growth (3Y CAGR) | -10.37% | 4.82% |
| EPS Growth (YoY) | -92.01% | -- |
| EPS Growth (3Y CAGR) | -59.10% | -- |
Financial Strength
Current Ratio (MRQ)
Both ON Semiconductor (ON) at 3.55 and SiTime (SITM) at 5.56 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
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
SITM
Semiconductors & Semiconductor Equipment industry group
5.56
- Max
- 10.33
- Q3
- 5.62
- SITM
- 5.56
- Median
- 3.33
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Both ON Semiconductor (ON) at 0.62 and SiTime (SITM) at 0.38 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
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
SITM
Semiconductors & Semiconductor Equipment industry group
0.38
- Max
- 1.46
- Q3
- 0.65
- SITM
- 0.38
- Median
- 0.27
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | ON | SITM |
|---|---|---|
| Current Ratio (MRQ) | 3.55 | 5.56 |
| Debt / Equity (MRQ) | 0.62 | 0.38 |
| Net Debt / EBITDA | 0.18 | 6.66 |
Dividends
Dividend Yield (TTM)
Neither ON Semiconductor (ON) nor SiTime (SITM) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
SITM
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 1.37%
- Q3
- 0.65%
- SITM
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither ON Semiconductor (ON) nor SiTime (SITM) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
SITM
Semiconductors & Semiconductor Equipment industry group
0.00%
- Max
- 49.64%
- Q3
- 21.71%
- SITM
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ON | SITM |
|---|---|---|
| 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 SiTime (SITM) at 416.92 sits above its peer range — an unusually expensive price for SITM’s trailing earnings.
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
SITM
Semiconductors & Semiconductor Equipment industry group
416.92
- SITM
- 416.92
- Max
- 110.34
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
P/S Ratio (TTM)
ON Semiconductor (ON) at 3.87 is priced about in line with its industry on P/S ratio, while SiTime (SITM) at 18.44 sits in the pricier quartile — SITM costs more per dollar of sales.
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
SITM
Semiconductors & Semiconductor Equipment industry group
18.44
- Max
- 21.42
- SITM
- 18.44
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both ON Semiconductor (ON) at 3.26 and SiTime (SITM) at 3.61 are valued close to their industries’ norm against book — neither stands out from peers.
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
SITM
Semiconductors & Semiconductor Equipment industry group
3.61
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- SITM
- 3.61
- Q1
- 2.30
- Min
- 0.20
Valuation Metrics
| Metric | ON | SITM |
|---|---|---|
| P/E Ratio (TTM) | 37.02 | 416.92 |
| P/S Ratio (TTM) | 3.87 | 18.44 |
| P/B Ratio (MRQ) | 3.26 | 3.61 |
| Free Cash Flow Yield (TTM) | 6.55% | -0.05% |