GLOBALFOUNDRIES Inc. (GFS) vs ON Semiconductor Corporation (ON)

A side-by-side comparison of GLOBALFOUNDRIES 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.

Compare

Total returnGFS vs ON

growth of $100 · dividends reinvested · last 5y
GFS +4.8% (+1.0%/yr)ON +66.6% (+10.7%/yr)ON compounded faster over this window
100150200250Start $10020222023202420252026$105$167
GFS ON

GFS vs ON: by the numbers

  • ON is the larger company ($29.81B vs $26.66B market cap).
  • GFS trades at the lower trailing earnings multiple (37.95 vs 49.09 P/E), one valuation lens rather than an overall verdict.
  • GFS converts more revenue to profit (10.32% vs 10.17% net margin).
  • GFS grew revenue faster over the past five years (5.97% vs 2.67% CAGR).
  • GFS pays a dividend (0.25% yield), while ON has no payments in the available dividend history.

Metrics side by side

Valuation

MetricGFSON
P/E ratio37.9549.09
Forward P/E25.1123.95
P/S ratio3.895.00
P/B ratio2.294.29
EV / EBITDA13.3125.84
FCF yield2.95%5.72%

Profitability

MetricGFSON
Gross margin27.43%37.45%
Operating margin11.59%11.66%
Net margin10.32%10.17%
ROE6.06%8.73%
ROIC4.47%5.23%

Dividends

MetricGFSON
Dividend yield0.25%N/A
Payout ratio7.55%N/A

Growth (annualized)

MetricGFSON
Revenue CAGR (5Y)5.97%2.67%
EPS CAGR (5Y)N/A-12.64%
FCF CAGR (5Y)35.25%17.01%
Total return CAGR (5Y)N/A13.32%

Frequently asked

Which has the lower trailing P/E, GFS or ON?
GFS has the lower trailing P/E: GFS trades at 37.95 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, GFS or ON?
Over the past five years, GFS grew revenue faster — GFS at a 5.97% CAGR versus ON at 2.67%.
Does GFS or ON pay a bigger dividend?
GFS pays a dividend (0.25% yield), while ON has no payments in the available dividend history.
Is GFS or ON more profitable?
GFS runs the higher net margin — GFS at 10.32% versus ON at 10.17%.

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.