ON Semiconductor Operating Margin vs Operating Income Analysis

ON Stock  USD 64.47  0.25  0.39%   
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 Operating Profit Margin and its Operating Income 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.

Operating Profit Margin vs Operating Income

Operating Margin vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ON Semiconductor Operating Margin account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between ON Semiconductor's Operating Margin and Operating Income is 0.98. Overlapping area represents the amount of variation of Operating Margin that can explain the historical movement of Operating Income 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 Operating Margin and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Margin of ON Semiconductor are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Operating Margin i.e., ON Semiconductor's Operating Margin and Operating Income go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Profit Margin

Operating Income

Operating Income is the amount of profit realized from ON Semiconductor operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of ON Semiconductor is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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.At this time, ON Semiconductor's Tax Provision is very stable compared to the past year. As of the 18th of April 2024, Sales General And Administrative To Revenue is likely to grow to 0.07, 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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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.