Is DAL or ON cheaper?

On trailing earnings, DAL is cheaper: DAL trades at a 12.13 P/E and ON at 89.23.

Which has grown faster, DAL or ON?

Over the past five years, DAL grew revenue faster — DAL at a 38.80% CAGR versus ON at 2.12%.

Does DAL or ON pay a bigger dividend?

DAL pays a dividend (0.90% yield) while ON does not currently pay one.

Is DAL or ON more profitable?

ON runs the higher net margin — DAL at 6.87% versus ON at 9.46%.

Which has been the better investment, DAL or ON?

Over the past 10-year, ON delivered the higher annualized total return — DAL at 9.39% versus ON at 29.22%. Past performance doesn't predict future results.

Delta Air Lines, Inc. (DAL) vs ON Semiconductor Corporation (ON)

DAL leads on 11 of 15 compared metrics.

A side-by-side comparison of Delta Air Lines, Inc. and ON Semiconductor Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

DAL

Delta Air Lines, Inc.

$55.48B

$83.06Industrials

ON Semiconductor Corporation

$49.31B

$125.82Technology

Total return — DAL vs ON

growth of $100 · last 19y

DAL +270.5%ON +1112.1%ON compounded faster

DAL ON

DAL vs ON: by the numbers

•DAL is the larger company ($55.48B vs $49.31B market cap).
•DAL trades at the lower earnings multiple (12.13 vs 89.23 P/E).
•ON converts more revenue to profit (9.46% vs 6.87% net margin).
•DAL grew revenue faster over the past five years (38.80% vs 2.12% CAGR).
•DAL pays a dividend (0.90% yield) while ON does not currently pay one.

Which is better, DAL or ON?

Metric tally: DAL 11 · ON 4

It depends on what you're optimizing for:

ValueDAL(lower P/E)

GrowthDAL(faster 5Y revenue CAGR)

QualityDAL(higher ROIC)

Metrics side by side

Valuation

Metric	DAL	ON
P/E ratio	12.13●	89.23
Forward P/E	15.17●	40.74
P/S ratio	0.83●	8.18
P/B ratio	2.66●	6.79
PEG ratio	0.21	—
EV / EBITDA	6.95●	41.59
FCF yield	7.24%●	2.93%

Profitability

Metric	DAL	ON
Gross margin	26.19%	37.22%●
Operating margin	8.83%	10.84%●
Net margin	6.87%	9.46%●
ROE	21.97%●	7.86%
ROIC	8.30%●	6.24%

Dividends

Metric	DAL	ON
Dividend yield	0.90%	—
Payout ratio	9.72%	—

Growth (annualized)

Metric	DAL	ON
Revenue CAGR (5Y)	38.80%●	2.12%
EPS CAGR (5Y)	0.89%●	-12.64%
FCF CAGR (5Y)	115.85%●	23.39%
Total return CAGR (5Y)	13.90%	27.44%●

Frequently asked

Which is better, DAL or ON?: It depends on your goal. value: DAL (lower P/E); growth: DAL (faster 5Y revenue CAGR); quality: DAL (higher ROIC). Across all compared metrics, DAL leads 11 to 4.
Is DAL or ON cheaper?: On trailing earnings, DAL is cheaper: DAL trades at a 12.13 P/E and ON at 89.23.
Which has grown faster, DAL or ON?: Over the past five years, DAL grew revenue faster — DAL at a 38.80% CAGR versus ON at 2.12%.
Does DAL or ON pay a bigger dividend?: DAL pays a dividend (0.90% yield) while ON does not currently pay one.
Is DAL or ON more profitable?: ON runs the higher net margin — DAL at 6.87% versus ON at 9.46%.
Which has been the better investment, DAL or ON?: Over the past 10-year, ON delivered the higher annualized total return — DAL at 9.39% versus ON at 29.22%. Past performance doesn't predict future results.

Go deeper

Full DAL analysis Full ON analysis Interactive comparison tool

Dig into the metrics

Delta Air Lines P/E ratio ON Semiconductor P/E ratio Delta Air Lines dividend yield ON Semiconductor dividend yield Delta Air Lines ROE ON Semiconductor ROE Delta Air Lines operating margin ON Semiconductor operating margin Delta Air Lines revenue growth ON Semiconductor revenue growth Delta Air Lines free cash flow ON Semiconductor free cash flow

Delta Air Lines & ON Semiconductor appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks Best 10-Year Total Return Stocks Lowest P/E Ratio 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 June 15, 2026.