F5, Inc. (FFIV) vs ON Semiconductor Corporation (ON)
A side-by-side comparison of F5, Inc. and ON Semiconductor Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
FFIV
F5, Inc.
$423.59TechnologyDelayed quote: Sep 16, 2026, 4:00 PM EDT
ON
ON Semiconductor Corporation
$66.60TechnologyDelayed quote: Sep 16, 2026, 4:00 PM EDT
Total return — FFIV vs ON
growth of $100 · dividends reinvested · last 10yFFIV +233.0% (+12.8%/yr)ON +629.3% (+22.0%/yr)ON compounded faster over this window
FFIV ON
FFIV vs ON: by the numbers
- •ON is the larger company ($25.93B vs $23.90B market cap).
- •FFIV trades at the lower trailing earnings multiple (33.75 vs 42.69 P/E), one valuation lens rather than an overall verdict.
- •FFIV converts more revenue to profit (21.95% vs 10.17% net margin).
- •FFIV grew revenue faster over the past five years (5.47% vs 2.67% CAGR).
Metrics side by side
Valuation
| Metric | FFIV | ON |
|---|---|---|
| P/E ratio | 33.75 | 42.69 |
| Forward P/E | 24.44 | 20.82 |
| P/S ratio | 7.22 | 4.18 |
| P/B ratio | 6.20 | 3.59 |
| EV / EBITDA | 24.24 | 21.76 |
| FCF yield | 4.06% | 5.09% |
Profitability
| Metric | FFIV | ON |
|---|---|---|
| Gross margin | 82.21% | 37.45% |
| Operating margin | 24.53% | 11.66% |
| Net margin | 21.95% | 10.17% |
| ROE | 18.84% | 8.73% |
| ROIC | 13.66% | 5.23% |
Growth (annualized)
| Metric | FFIV | ON |
|---|---|---|
| Revenue CAGR (5Y) | 5.47% | 2.67% |
| EPS CAGR (5Y) | 18.82% | -12.64% |
| FCF CAGR (5Y) | 10.51% | 17.01% |
| Total return CAGR (5Y) | 15.19% | 10.18% |
Frequently asked
- Which has the lower trailing P/E, FFIV or ON?
- FFIV has the lower trailing P/E: FFIV trades at 33.75 and ON at 42.69. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, FFIV or ON?
- Over the past five years, FFIV grew revenue faster — FFIV at a 5.47% CAGR versus ON at 2.67%.
- Is FFIV or ON more profitable?
- FFIV runs the higher net margin — FFIV at 21.95% versus ON at 10.17%.
- How have FFIV and ON total returns compared?
- Over the past 10 years, FFIV delivered 13.30% and ON delivered 22.18% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
F5 P/E ratioON Semiconductor P/E ratioF5 ROEON Semiconductor ROEF5 operating marginON Semiconductor operating marginF5 revenue growthON Semiconductor revenue growthF5 free cash flowON Semiconductor free cash flow
F5 & ON Semiconductor appear in these rankings
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 September 13, 2026.