ON Semiconductor Corporation (ON) vs Workday, Inc. (WDAY)
WDAY leads on 10 of 14 compared metrics.
A side-by-side comparison of ON Semiconductor Corporation and Workday, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — ON vs WDAY
growth of $100 · last 14yON +1637.9%WDAY +154.0%ON compounded faster
Log scale — wide-divergence pair
ON WDAY
ON vs WDAY: by the numbers
- •ON is the larger company ($45.77B vs $34.26B market cap).
- •WDAY trades at the lower earnings multiple (40.88 vs 82.83 P/E).
- •ON converts more revenue to profit (9.46% vs 8.60% net margin).
- •WDAY grew revenue faster over the past five years (17.11% vs 2.12% CAGR).
Which is better, ON or WDAY?
Metric tally: ON 4 · WDAY 10It depends on what you're optimizing for:
ValueWDAY(lower P/E)
GrowthWDAY(faster 5Y revenue CAGR)
QualityON(higher ROIC)
Valuation
| Metric | ON | WDAY |
|---|---|---|
| P/E ratio | 82.83 | 40.88● |
| Forward P/E | 37.82 | 10.37● |
| P/S ratio | 7.59 | 3.38● |
| P/B ratio | 6.30 | 4.98● |
| PEG ratio | — | 2.11 |
| EV / EBITDA | 38.67 | 21.81● |
| FCF yield | 3.16% | 8.94%● |
Profitability
| Metric | ON | WDAY |
|---|---|---|
| Gross margin | 37.22% | 75.77%● |
| Operating margin | 10.84% | 11.66%● |
| Net margin | 9.46%● | 8.60% |
| ROE | 7.86% | 12.67%● |
| ROIC | 6.24%● | 5.95% |
Growth (annualized)
| Metric | ON | WDAY |
|---|---|---|
| Revenue CAGR (5Y) | 2.12% | 17.11%● |
| EPS CAGR (5Y) | -12.64% | — |
| FCF CAGR (5Y) | 23.39%● | 20.07% |
| Total return CAGR (5Y) | 25.31%● | -10.68% |
Frequently asked
- Which is better, ON or WDAY?
- It depends on your goal. value: WDAY (lower P/E); growth: WDAY (faster 5Y revenue CAGR); quality: ON (higher ROIC). Across all compared metrics, WDAY leads 10 to 4.
- Is ON or WDAY cheaper?
- On trailing earnings, WDAY is cheaper: ON trades at a 82.83 P/E and WDAY at 40.88.
- Which has grown faster, ON or WDAY?
- Over the past five years, WDAY grew revenue faster — ON at a 2.12% CAGR versus WDAY at 17.11%.
- Is ON or WDAY more profitable?
- ON runs the higher net margin — ON at 9.46% versus WDAY at 8.60%.
- Which has been the better investment, ON or WDAY?
- Over the past 10-year, ON delivered the higher annualized total return — ON at 28.11% versus WDAY at 5.35%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
ON Semiconductor P/E ratioWorkday P/E ratioON Semiconductor dividend yieldWorkday dividend yieldON Semiconductor ROEWorkday ROEON Semiconductor operating marginWorkday operating marginON Semiconductor revenue growthWorkday revenue growthON Semiconductor free cash flowWorkday free cash flow
ON Semiconductor & Workday 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 June 14, 2026.