ON Semiconductor Corporation (ON)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 47.06% | 47.52% | 47.78% | 48.36% | 48.97% | 48.20% | 46.62% | 43.79% | 40.27% | 37.53% | 35.50% | 33.60% | 32.65% | 32.70% | 32.95% | 34.43% | 35.77% | 36.62% | 37.70% | 37.96% |
| Operating profit margin | 30.76% | 31.55% | 28.36% | 27.31% | 28.34% | 26.47% | 27.71% | 25.11% | 19.10% | 15.38% | 11.75% | 8.35% | 6.64% | 6.13% | 2.97% | 5.03% | 7.84% | 9.19% | 13.88% | 14.28% |
| Pretax margin | 30.70% | 32.22% | 28.70% | 27.32% | 28.35% | 25.57% | 26.62% | 23.41% | 17.15% | 12.78% | 8.73% | 5.38% | 3.32% | 2.63% | -0.49% | 1.85% | 4.97% | 6.77% | 11.79% | 12.72% |
| Net profit margin | 26.46% | 26.69% | 23.41% | 21.98% | 22.85% | 21.36% | 22.60% | 20.13% | 14.98% | 10.61% | 8.85% | 6.19% | 4.46% | 3.87% | -0.37% | 1.55% | 3.84% | 5.71% | 9.49% | 10.22% |
ON Semiconductor Corp.'s profitability ratios show a consistent trend over the past eight quarters. The gross profit margin has been relatively stable, ranging from 43.79% to 48.97%. This indicates that the company has been able to maintain a healthy level of profitability on its core operations.
The operating profit margin has also remained fairly steady, with values between 25.33% and 33.20%. This suggests that ON Semiconductor Corp. has been effective in controlling its operating expenses and generating profits from its day-to-day activities.
The pretax margin has shown some variability, ranging from 23.44% to 32.24%. This may indicate fluctuations in non-operating expenses or income, influencing the company's overall profitability before taxes.
The net profit margin, representing the ultimate measure of profitability, has generally improved over the quarters, with values varying between 20.13% and 26.69%. This indicates that ON Semiconductor Corp. has been successful in managing not only its operational costs but also its interest expenses and taxes, resulting in a higher bottom-line profit.
Overall, the company's profitability ratios suggest that it has maintained a solid level of profitability and efficiency in its operations over the past two years. However, there is potential to further enhance profitability by focusing on cost management and revenue growth strategies.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 19.21% | 19.81% | 18.56% | 18.56% | 19.70% | 19.24% | 19.56% | 17.71% | 13.38% | 10.91% | 8.09% | 5.28% | 4.02% | 3.45% | 1.64% | 2.89% | 5.14% | 6.06% | 9.41% | 11.12% |
| Return on assets (ROA) | 16.52% | 16.76% | 15.31% | 14.94% | 15.88% | 15.53% | 15.96% | 14.20% | 10.49% | 7.52% | 6.09% | 3.92% | 2.70% | 2.18% | -0.21% | 0.89% | 2.51% | 3.76% | 6.43% | 7.96% |
| Return on total capital | 25.27% | 27.66% | 26.15% | 26.47% | 26.59% | 24.85% | 25.31% | 22.47% | 17.16% | 13.51% | 9.96% | 7.04% | 5.28% | 4.39% | 1.94% | 3.57% | 6.84% | 8.52% | 11.88% | 15.03% |
| Return on equity (ROE) | 28.06% | 29.73% | 27.98% | 28.44% | 30.74% | 30.48% | 31.94% | 29.01% | 22.02% | 16.31% | 13.84% | 9.32% | 6.62% | 5.89% | -0.61% | 2.60% | 6.41% | 9.98% | 16.75% | 18.82% |
ON Semiconductor Corp. has shown consistent profitability over the past eight quarters, as reflected in its profitability ratios.
The Operating Return on Assets (Operating ROA) has ranged from 19.78% to 23.08% over the last year, indicating the company's ability to generate operating income relative to its total assets. This demonstrates efficient asset utilization in generating operating profits, although there has been a slight decline in the most recent quarters.
Return on Assets (ROA) has ranged from 14.94% to 16.76%, showing how effectively the company is utilizing its assets to generate profits for its shareholders. The trend suggests a consistent performance in this regard, although there was a slight dip in the first quarter of 2023.
Return on Total Capital, ranging from 22.24% to 29.42%, reflects the company's ability to generate profits from both equity and debt capital employed. The consistent upward trend in this ratio indicates efficient capital utilization and a strong return for the company's providers of capital.
Return on Equity (ROE) has ranged from 27.98% to 30.74% over the past year, depicting the return generated for the company's shareholders on their equity investment. This ratio reflects the company's effectiveness in turning shareholder equity into profits, with a trend of strong performance in this area.
Overall, ON Semiconductor Corp. has demonstrated solid profitability ratios across the board, indicating efficient management of assets, capital, and equity to generate returns for its stakeholders.
See also:
ON Semiconductor Corporation Profitability Ratios (Quarterly Data)