ON Semiconductor Gross Profit vs Cost of Revenue Analysis

ON Stock  USD 75.61  2.72  3.73%   
ON Semiconductor financial indicator trend analysis is much more than just breaking down ON Semiconductor prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ON Semiconductor is a good investment. Please check the relationship between ON Semiconductor Gross Profit and its Cost Of Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in ON Semiconductor Stock, please use our How to Invest in ON Semiconductor guide.

Gross Profit vs Cost Of Revenue

Gross Profit vs Cost of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ON Semiconductor Gross Profit account and Cost of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between ON Semiconductor's Gross Profit and Cost of Revenue is 0.7. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of ON Semiconductor, assuming nothing else is changed. The correlation between historical values of ON Semiconductor's Gross Profit and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of ON Semiconductor are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Gross Profit i.e., ON Semiconductor's Gross Profit and Cost of Revenue go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ON Semiconductor minus its cost of goods sold. It is profit before ON Semiconductor operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Cost Of Revenue

Cost of Revenue is found on ON Semiconductor income statement and represents the costs associated with goods and services ON Semiconductor provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from ON Semiconductor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ON Semiconductor current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in ON Semiconductor Stock, please use our How to Invest in ON Semiconductor guide.As of the 28th of March 2024, Tax Provision is likely to grow to about 367.7 M, while Selling General Administrative is likely to drop about 203.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense130.4M94.9M74.8M103.5M
Depreciation And Amortization690.4M993.7M609.5M640.0M

ON Semiconductor fundamental ratios Correlations

0.70.570.950.970.990.220.940.730.930.990.80.920.980.720.990.97-0.150.760.980.530.810.650.690.590.31
0.70.680.680.510.640.710.490.750.520.770.570.480.740.980.620.57-0.120.970.580.510.750.550.980.540.17
0.570.680.520.440.460.260.380.830.550.590.590.530.60.780.450.50.030.780.520.50.530.450.780.450.27
0.950.680.520.910.940.230.830.740.880.930.680.870.940.670.950.930.060.740.930.670.790.480.630.70.49
0.970.510.440.910.970.010.980.650.950.930.780.940.930.540.980.98-0.180.60.980.480.70.60.50.550.31
0.990.640.460.940.970.190.950.670.930.970.720.910.960.650.990.97-0.180.690.970.480.740.590.620.550.28
0.220.710.260.230.010.190.010.18-0.090.360.16-0.130.310.640.170.04-0.010.560.040.120.440.320.690.09-0.11
0.940.490.380.830.980.950.010.560.930.90.790.910.890.520.940.94-0.390.550.950.290.630.670.490.390.1
0.730.750.830.740.650.670.180.560.690.730.60.680.760.80.670.690.070.870.710.740.640.430.760.770.51
0.930.520.550.880.950.93-0.090.930.690.870.721.00.880.570.920.97-0.190.620.980.460.670.530.520.520.29
0.990.770.590.930.930.970.360.90.730.870.810.850.980.780.970.93-0.160.80.930.520.830.70.760.580.27
0.80.570.590.680.780.720.160.790.60.720.810.710.760.620.740.73-0.290.630.740.350.70.890.590.390.11
0.920.480.530.870.940.91-0.130.910.681.00.850.710.870.540.90.96-0.160.60.980.460.670.50.480.520.33
0.980.740.60.940.930.960.310.890.760.880.980.760.870.760.970.95-0.070.790.950.580.830.60.740.630.36
0.720.980.780.670.540.650.640.520.80.570.780.620.540.760.630.6-0.140.980.620.50.770.60.990.520.17
0.990.620.450.950.980.990.170.940.670.920.970.740.90.970.630.97-0.110.680.970.540.770.580.60.610.36
0.970.570.50.930.980.970.040.940.690.970.930.730.960.950.60.97-0.120.650.990.520.740.530.560.590.36
-0.15-0.120.030.06-0.18-0.18-0.01-0.390.07-0.19-0.16-0.29-0.16-0.07-0.14-0.11-0.12-0.06-0.140.620.14-0.51-0.150.50.82
0.760.970.780.740.60.690.560.550.870.620.80.630.60.790.980.680.65-0.060.670.620.780.550.960.650.3
0.980.580.520.930.980.970.040.950.710.980.930.740.980.950.620.970.99-0.140.670.520.750.560.570.580.35
0.530.510.50.670.480.480.120.290.740.460.520.350.460.580.50.540.520.620.620.520.630.050.450.980.92
0.810.750.530.790.70.740.440.630.640.670.830.70.670.830.770.770.740.140.780.750.630.620.730.640.45
0.650.550.450.480.60.590.320.670.430.530.70.890.50.60.60.580.53-0.510.550.560.050.620.590.11-0.21
0.690.980.780.630.50.620.690.490.760.520.760.590.480.740.990.60.56-0.150.960.570.450.730.590.460.11
0.590.540.450.70.550.550.090.390.770.520.580.390.520.630.520.610.590.50.650.580.980.640.110.460.88
0.310.170.270.490.310.28-0.110.10.510.290.270.110.330.360.170.360.360.820.30.350.920.45-0.210.110.88
Click cells to compare fundamentals

ON Semiconductor Account Relationship Matchups

ON Semiconductor fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.4B8.7B9.6B12.0B13.2B13.9B
Short Long Term Debt Total3.6B3.5B3.1B3.2B3.4B2.0B
Other Current Liab538.8M576.8M747.6M1.0B333.7M347.5M
Total Current Liabilities1.8B1.7B1.5B2.1B2.2B2.3B
Total Stockholder Equity3.3B3.5B4.6B6.2B7.8B8.2B
Property Plant And Equipment Net2.6B2.5B2.5B3.5B4.4B4.7B
Net Debt2.7B2.4B1.7B311.7M876.8M1.2B
Retained Earnings1.2B1.4B2.4B4.4B6.5B6.9B
Accounts Payable543.6M572.9M635.1M852.1M725.6M373.5M
Cash894.2M1.1B1.4B2.9B2.5B2.6B
Non Current Assets Total5.4B5.5B5.8B6.2B7.3B7.7B
Non Currrent Assets Other256.4M410.2M520.6M424.6M369.3M387.8M
Cash And Short Term Investments894.2M1.1B1.4B2.9B2.5B2.6B
Net Receivables705M676M809.4M842.3M935.4M982.2M
Liabilities And Stockholders Equity8.4B8.7B9.6B12.0B13.2B13.9B
Non Current Liabilities Total3.3B3.4B3.5B3.7B3.2B2.0B
Inventory1.2B1.3B1.4B1.6B2.1B2.2B
Other Current Assets188.4M182.9M240.1M351.3M382.1M401.2M
Other Stockholder Equity2.2B2.2B2.2B1.8B1.3B1.9B
Total Liab5.1B5.1B5.0B5.8B5.4B3.1B
Total Current Assets3.0B3.2B3.8B5.7B5.9B6.2B
Accumulated Other Comprehensive Income(37.9M)(54.3M)(57.6M)(23.2M)(45.2M)(47.5M)
Other Liab318.6M465.9M564.3M394.9M454.1M476.8M
Other Assets454M840M886.9M539.2M620.1M651.1M
Long Term Debt2.9B3.0B2.9B3.0B2.5B1.8B
Common Stock Shares Outstanding416M418.8M443.8M448.2M446.8M405.1M
Property Plant And Equipment Gross2.6B2.5B5.9B3.5B8.0B8.4B
Short Term Debt736M531.6M160.7M162M794.8M834.5M
Property Plant Equipment2.6B2.5B2.5B3.5B4.0B4.2B
Intangible Assets590.5M469M495.7M359.7M299.3M345.4M
Good Will1.7B1.7B1.9B1.6B1.8B1.9B
Treasury Stock(1.5B)(1.7B)(2.0B)(2.4B)(2.2B)(2.1B)
Net Tangible Assets1.1B1.4B2.2B6.2B7.1B7.5B
Noncontrolling Interest In Consolidated Entity22.4M19.6M19M18.5M16.7M18.5M
Retained Earnings Total Equity1.2B1.4B2.4B4.4B5.0B5.3B

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When determining whether ON Semiconductor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ON Semiconductor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of On Semiconductor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on On Semiconductor Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in ON Semiconductor Stock, please use our How to Invest in ON Semiconductor guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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Is ON Semiconductor's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ON Semiconductor. If investors know ON Semiconductor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ON Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Earnings Share
4.89
Revenue Per Share
19.162
Quarterly Revenue Growth
(0.04)
Return On Assets
0.1294
The market value of ON Semiconductor is measured differently than its book value, which is the value of ON Semiconductor that is recorded on the company's balance sheet. Investors also form their own opinion of ON Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is ON Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ON Semiconductor's market value can be influenced by many factors that don't directly affect ON Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ON Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if ON Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ON Semiconductor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.