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

GFS leads on 8 of 13 compared metrics.

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 June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — GFS vs ON

growth of $100 · last 5y
GFS +75.4%ON +148.0%ON compounded faster
100150200250300Start $10020222023202420252026$175$248
GFS ON

GFS vs ON: by the numbers

  • ON is the larger company ($45.77B vs $44.63B market cap).
  • GFS trades at the lower earnings multiple (58.55 vs 82.83 P/E).
  • GFS converts more revenue to profit (11.37% vs 9.46% net margin).
  • GFS grew revenue faster over the past five years (6.81% vs 2.12% CAGR).
  • GFS pays a dividend (0.15% yield) while ON does not currently pay one.

Which is better, GFS or ON?

Metric tally: GFS 8 · ON 5

It depends on what you're optimizing for:

ValueGFS(lower P/E)
GrowthGFS(faster 5Y revenue CAGR)
QualityON(higher ROIC)

Valuation

MetricGFSON
P/E ratio58.5582.83
Forward P/E42.9737.82
P/S ratio6.677.59
P/B ratio3.906.30
EV / EBITDA20.8238.67
FCF yield2.35%3.16%

Profitability

MetricGFSON
Gross margin26.40%37.22%
Operating margin12.08%10.84%
Net margin11.37%9.46%
ROE6.65%7.86%
ROIC5.23%6.24%

Dividends

MetricGFSON
Dividend yield0.15%
Payout ratio7.55%

Growth (annualized)

MetricGFSON
Revenue CAGR (5Y)6.81%2.12%
EPS CAGR (5Y)-12.64%
FCF CAGR (5Y)45.78%23.39%
Total return CAGR (5Y)25.31%

Frequently asked

Which is better, GFS or ON?
It depends on your goal. value: GFS (lower P/E); growth: GFS (faster 5Y revenue CAGR); quality: ON (higher ROIC). Across all compared metrics, GFS leads 8 to 5.
Is GFS or ON cheaper?
On trailing earnings, GFS is cheaper: GFS trades at a 58.55 P/E and ON at 82.83.
Which has grown faster, GFS or ON?
Over the past five years, GFS grew revenue faster — GFS at a 6.81% CAGR versus ON at 2.12%.
Does GFS or ON pay a bigger dividend?
GFS pays a dividend (0.15% yield) while ON does not currently pay one.
Is GFS or ON more profitable?
GFS runs the higher net margin — GFS at 11.37% versus ON at 9.46%.

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 13, 2026.