ON Semiconductor Corporation (ON) vs Powell Industries, Inc. (POWL)

POWL leads on 9 of 15 compared metrics.

A side-by-side comparison of ON Semiconductor Corporation and Powell Industries, Inc. 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 — ON vs POWL

growth of $100 · last 26y
ON +386.6%POWL +9925.5%POWL compounded faster
Log scale — wide-divergence pair
1101001k10k100kStart $10020052010201520202025$487$10,026
ON POWL

ON vs POWL: by the numbers

  • ON is the larger company ($45.77B vs $10.74B market cap).
  • POWL trades at the lower earnings multiple (57.61 vs 82.83 P/E).
  • POWL converts more revenue to profit (16.51% vs 9.46% net margin).
  • POWL grew revenue faster over the past five years (19.84% vs 2.12% CAGR).
  • POWL pays a dividend (0.12% yield) while ON does not currently pay one.

Which is better, ON or POWL?

Metric tally: ON 6 · POWL 9

It depends on what you're optimizing for:

ValuePOWL(lower P/E)
GrowthPOWL(faster 5Y revenue CAGR)
QualityPOWL(higher ROIC)

Valuation

MetricONPOWL
P/E ratio82.8357.61
Forward P/E37.8244.88
P/S ratio7.599.51
P/B ratio6.3015.19
PEG ratio1.03
EV / EBITDA38.6741.17
FCF yield3.16%1.79%

Profitability

MetricONPOWL
Gross margin37.22%30.10%
Operating margin10.84%19.76%
Net margin9.46%16.51%
ROE7.86%26.36%
ROIC6.24%25.41%

Dividends

MetricONPOWL
Dividend yield0.12%
Payout ratio7.18%

Growth (annualized)

MetricONPOWL
Revenue CAGR (5Y)2.12%19.84%
EPS CAGR (5Y)-12.64%59.98%
FCF CAGR (5Y)23.39%34.56%
Total return CAGR (5Y)25.31%99.30%

Frequently asked

Which is better, ON or POWL?
It depends on your goal. value: POWL (lower P/E); growth: POWL (faster 5Y revenue CAGR); quality: POWL (higher ROIC). Across all compared metrics, POWL leads 9 to 6.
Is ON or POWL cheaper?
On trailing earnings, POWL is cheaper: ON trades at a 82.83 P/E and POWL at 57.61.
Which has grown faster, ON or POWL?
Over the past five years, POWL grew revenue faster — ON at a 2.12% CAGR versus POWL at 19.84%.
Does ON or POWL pay a bigger dividend?
POWL pays a dividend (0.12% yield) while ON does not currently pay one.
Is ON or POWL more profitable?
POWL runs the higher net margin — ON at 9.46% versus POWL at 16.51%.
Which has been the better investment, ON or POWL?
Over the past 10-year, POWL delivered the higher annualized total return — ON at 28.11% versus POWL at 47.08%. Past performance doesn't predict future results.

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.