Strategy Inc (MSTR) vs ON Semiconductor Corporation (ON)
A side-by-side comparison of Strategy Inc and ON Semiconductor Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 30, 2026. Differences are shown without an overall score or investment verdict.
MSTR
Strategy Inc
$96.90TechnologyDelayed quote: Jul 30, 2026, 1:35 PM EDT
ON
ON Semiconductor Corporation
$84.15TechnologyDelayed quote: Jul 30, 2026, 1:35 PM EDT
Total return — MSTR vs ON
growth of $100 · dividends reinvested · last 26yMSTR +197.4%ON +228.6%ON compounded faster
MSTR ON
MSTR vs ON: by the numbers
- •ON is the larger company ($32.75B vs $28.79B market cap).
- •ON is profitable (9.46% net margin) while MSTR runs a net loss (-2519.39%).
- •ON grew revenue faster over the past five years (2.12% vs -0.07% CAGR).
Metrics side by side
Valuation
| Metric | MSTR | ON |
|---|---|---|
| P/E ratio | N/A | 55.93 |
| Forward P/E | 25.26 | 25.51 |
| P/S ratio | 63.54 | 5.13 |
| P/B ratio | 0.68 | 4.26 |
| EV / EBITDA | 75.98 | 27.06 |
| FCF yield | 14.51% | 4.68% |
Profitability
| Metric | MSTR | ON |
|---|---|---|
| Gross margin | 68.11% | 37.22% |
| Operating margin | -1140.82% | 10.84% |
| Net margin | -2519.39% | 9.46% |
| ROE | -27.08% | 7.86% |
| ROIC | -6.19% | 6.24% |
Growth (annualized)
| Metric | MSTR | ON |
|---|---|---|
| Revenue CAGR (5Y) | -0.07% | 2.12% |
| EPS CAGR (5Y) | N/A | -12.64% |
| FCF CAGR (5Y) | N/A | 23.38% |
| Total return CAGR (5Y) | 8.35% | 15.36% |
Frequently asked
- Which has grown faster, MSTR or ON?
- Over the past five years, ON grew revenue faster — MSTR at a -0.07% CAGR versus ON at 2.12%.
- Is MSTR or ON more profitable?
- ON runs the higher net margin — MSTR at -2519.39% versus ON at 9.46%.
- How have MSTR and ON total returns compared?
- Over the past 10 years, MSTR delivered 18.23% and ON delivered 22.90% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Strategy P/E ratioON Semiconductor P/E ratioStrategy dividend yieldON Semiconductor dividend yieldStrategy ROEON Semiconductor ROEStrategy operating marginON Semiconductor operating marginStrategy revenue growthON Semiconductor revenue growthStrategy free cash flowON Semiconductor free cash flow
Strategy & 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 July 30, 2026.