ON vs. STM: ON Semiconductor vs. STMicroelectronics Stock Comparison
How do ON Semiconductor (ON) and STMicroelectronics (STM) 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 STMicroelectronics (STM) 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) trades as ordinary local shares, while STMicroelectronics (STM) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | ON | STM |
|---|---|---|
| Name | ON Semiconductor Corporation | STMicroelectronics N.V. |
| Country/Region | United States | Switzerland |
| 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 | 37.30 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | May 2, 2000 | December 8, 1994 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ON | STM |
|---|---|---|
| Total Return (1Y) | 43.93% | 90.64% |
| Total Return (3Y, Annualized) | 2.27% | 4.24% |
| Total Return (5Y, Annualized) | 3.42% | -1.95% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ON | STM |
|---|---|---|
| Volatility (1Y, Annualized) | 64.26% | 62.24% |
| Beta (5Y) | 2.14 | 2.00 |
| Max Drawdown (5Y) | -70.44% | -66.66% |
| Avg. Volume (3M) | 10.22M | 9.18M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ON | STM |
|---|---|---|
| Sharpe Ratio (1Y) | 0.62 | 1.39 |
| Sortino Ratio (1Y) | 0.88 | 2.07 |
Profitability
ROE (TTM)
Both ON Semiconductor (ON) at 8.91% and STMicroelectronics (STM) at 2.95% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
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%
STM
Semiconductors & Semiconductor Equipment industry group
2.95%
- Max
- 52.82%
- Q3
- 22.26%
- Median
- 10.58%
- STM
- 2.95%
- Q1
- 1.29%
- Min
- -16.89%
Net Margin (TTM)
Both ON Semiconductor (ON) at 10.82% and STMicroelectronics (STM) at 3.80% 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%
STM
Semiconductors & Semiconductor Equipment industry group
3.80%
- Max
- 63.80%
- Q3
- 28.36%
- Median
- 11.44%
- STM
- 3.80%
- Q1
- 0.90%
- Min
- -37.77%
Operating Margin (TTM)
Both ON Semiconductor (ON) at 22.23% and STMicroelectronics (STM) at 11.10% 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%
STM
Semiconductors & Semiconductor Equipment industry group
11.10%
- Max
- 58.66%
- Q3
- 30.23%
- Median
- 15.91%
- STM
- 11.10%
- Q1
- 7.54%
- Min
- -25.74%
Profitability Metrics
| Metric | ON | STM |
|---|---|---|
| ROE (TTM) | 8.91% | 2.95% |
| ROA (TTM) | 6.03% | 2.63% |
| Net Margin (TTM) | 10.82% | 3.80% |
| Operating Margin (TTM) | 22.23% | 11.10% |
| Gross Margin (TTM) | 39.90% | 35.53% |
Growth
Revenue Growth
Both ON Semiconductor (ON) at -15.35% and STMicroelectronics (STM) at -11.07% post bottom-quartile revenue growth versus peers, pointing to weaker demand or pricing momentum than typical rivals.
EPS Growth
Both ON Semiconductor (ON) at -92.01% and STMicroelectronics (STM) at -89.16% post bottom-quartile EPS growth versus peers, pointing to weaker earnings momentum than typical rivals.
Growth Metrics
| Metric | ON | STM |
|---|---|---|
| Revenue Growth (YoY) | -15.35% | -11.07% |
| Revenue Growth (3Y CAGR) | -10.37% | -9.89% |
| EPS Growth (YoY) | -92.01% | -89.16% |
| EPS Growth (3Y CAGR) | -59.10% | -66.39% |
Financial Strength
Current Ratio (MRQ)
Both ON Semiconductor (ON) at 3.55 and STMicroelectronics (STM) at 3.13 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
STM
Semiconductors & Semiconductor Equipment industry group
3.13
- Max
- 10.33
- Q3
- 5.62
- Median
- 3.33
- STM
- 3.13
- Q1
- 2.35
- Min
- 1.03
Debt / Equity (MRQ)
Both ON Semiconductor (ON) at 0.62 and STMicroelectronics (STM) at 0.19 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
STM
Semiconductors & Semiconductor Equipment industry group
0.19
- Max
- 1.46
- Q3
- 0.65
- Median
- 0.27
- STM
- 0.19
- Q1
- 0.04
- Min
- 0.00
Financial Strength Metrics
| Metric | ON | STM |
|---|---|---|
| Current Ratio (MRQ) | 3.55 | 3.13 |
| Debt / Equity (MRQ) | 0.62 | 0.19 |
| Net Debt / EBITDA | 0.18 | -0.63 |
Dividends
Dividend Yield (TTM)
ON Semiconductor (ON) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile STMicroelectronics (STM) reports a yield of 0.90%, ranking against industry peers normally.
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%
STM
Semiconductors & Semiconductor Equipment industry group
0.90%
- Max
- 1.37%
- STM
- 0.90%
- Q3
- 0.65%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
ON Semiconductor (ON) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile STMicroelectronics (STM) reports a payout of 63.16%, ranking against industry peers normally.
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%
STM
Semiconductors & Semiconductor Equipment industry group
63.16%
- STM
- 63.16%
- Max
- 49.64%
- Q3
- 21.71%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ON | STM |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.90% |
| Dividend Payout Ratio (TTM) | 0.00% | 63.16% |
Valuation
P/E Ratio (TTM)
ON Semiconductor (ON) at 37.02 is near its industry’s usual P/E ratio, while STMicroelectronics (STM) at 73.19 sits in the richer quartile — STM needs stronger growth or earnings quality to justify the premium.
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
STM
Semiconductors & Semiconductor Equipment industry group
73.19
- Max
- 110.34
- STM
- 73.19
- Q3
- 66.81
- Median
- 37.02
- Q1
- 23.96
- Min
- 8.12
P/S Ratio (TTM)
STMicroelectronics (STM) at 2.73 sits in the cheaper P/S ratio quartile while ON Semiconductor (ON) at 3.87 prices around its industry’s middle — STM costs less per dollar of sales, though read it alongside growth and margins.
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
STM
Semiconductors & Semiconductor Equipment industry group
2.73
- Max
- 21.42
- Q3
- 12.27
- Median
- 5.76
- Q1
- 2.73
- STM
- 2.73
- Min
- 0.00
P/B Ratio (MRQ)
STMicroelectronics (STM) at 2.09 sits in the lower P/B ratio quartile against book while ON Semiconductor (ON) at 3.26 is valued near its industry’s middle — STM is cheaper on assets, though weigh it against ROE and asset quality.
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
STM
Semiconductors & Semiconductor Equipment industry group
2.09
- Max
- 14.06
- Q3
- 7.44
- Median
- 4.29
- Q1
- 2.30
- STM
- 2.09
- Min
- 0.20
Valuation Metrics
| Metric | ON | STM |
|---|---|---|
| P/E Ratio (TTM) | 37.02 | 73.19 |
| P/S Ratio (TTM) | 3.87 | 2.73 |
| P/B Ratio (MRQ) | 3.26 | 2.09 |
| Free Cash Flow Yield (TTM) | 6.55% | 0.29% |