Which has the lower trailing P/E, CPAY or ON?

CPAY has the lower trailing P/E: CPAY trades at 24.78 and ON at 49.09. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CPAY or ON?

Over the past five years, CPAY grew revenue faster — CPAY at a 15.16% CAGR versus ON at 2.67%.

Is CPAY or ON more profitable?

CPAY runs the higher net margin — CPAY at 22.72% versus ON at 10.17%.

How have CPAY and ON total returns compared?

Over the past 10 years, CPAY delivered 9.28% and ON delivered 22.29% annualized total return. Past performance doesn't predict future results.

Corpay, Inc. (CPAY) vs ON Semiconductor Corporation (ON)

A side-by-side comparison of Corpay, Inc. and ON Semiconductor Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 20, 2026. Differences are shown without an overall score or investment verdict.

CPAY

Corpay, Inc.

$26.61B

$407.08TechnologyAt close: Aug 19, 2026, 4:00 PM ET

ON Semiconductor Corporation

$29.81B

$76.58TechnologyAt close: Aug 19, 2026, 4:00 PM ET

Total return — CPAY vs ON

growth of $100 · dividends reinvested · last 10y

CPAY +141.5% (+9.2%/yr)ON +639.2% (+22.1%/yr)ON compounded faster over this window

CPAY ON

CPAY vs ON: by the numbers

•ON is the larger company ($29.81B vs $26.61B market cap).
•CPAY trades at the lower trailing earnings multiple (24.78 vs 49.09 P/E), one valuation lens rather than an overall verdict.
•CPAY converts more revenue to profit (22.72% vs 10.17% net margin).
•CPAY grew revenue faster over the past five years (15.16% vs 2.67% CAGR).

Metrics side by side

Valuation

Metric	CPAY	ON
P/E ratio	24.78	49.09
Forward P/E	15.05	23.95
P/S ratio	5.38	5.00
P/B ratio	7.62	4.29
EV / EBITDA	13.83	25.84
FCF yield	6.07%	5.72%

Profitability

Metric	CPAY	ON
Gross margin	73.34%	37.45%
Operating margin	40.80%	11.66%
Net margin	22.72%	10.17%
ROE	32.21%	8.73%
ROIC	8.92%	5.23%

Growth (annualized)

Metric	CPAY	ON
Revenue CAGR (5Y)	15.16%	2.67%
EPS CAGR (5Y)	12.72%	-12.64%
FCF CAGR (5Y)	-1.40%	17.01%
Total return CAGR (5Y)	9.79%	13.32%

Frequently asked

Which has the lower trailing P/E, CPAY or ON?: CPAY has the lower trailing P/E: CPAY trades at 24.78 and ON at 49.09. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CPAY or ON?: Over the past five years, CPAY grew revenue faster — CPAY at a 15.16% CAGR versus ON at 2.67%.
Is CPAY or ON more profitable?: CPAY runs the higher net margin — CPAY at 22.72% versus ON at 10.17%.
How have CPAY and ON total returns compared?: Over the past 10 years, CPAY delivered 9.28% and ON delivered 22.29% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CPAY analysis Full ON analysis Interactive comparison tool

Dig into the metrics

Corpay P/E ratio ON Semiconductor P/E ratio Corpay ROE ON Semiconductor ROE Corpay operating margin ON Semiconductor operating margin Corpay revenue growth ON Semiconductor revenue growth Corpay free cash flow ON Semiconductor free cash flow

Corpay & ON Semiconductor appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 20, 2026.