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 14y
ON +1637.9%WDAY +154.0%ON compounded faster
Log scale — wide-divergence pair
101001k10kStart $1002015201820212024$1,738$254
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 10

It depends on what you're optimizing for:

ValueWDAY(lower P/E)
GrowthWDAY(faster 5Y revenue CAGR)
QualityON(higher ROIC)

Valuation

MetricONWDAY
P/E ratio82.8340.88
Forward P/E37.8210.37
P/S ratio7.593.38
P/B ratio6.304.98
PEG ratio2.11
EV / EBITDA38.6721.81
FCF yield3.16%8.94%

Profitability

MetricONWDAY
Gross margin37.22%75.77%
Operating margin10.84%11.66%
Net margin9.46%8.60%
ROE7.86%12.67%
ROIC6.24%5.95%

Growth (annualized)

MetricONWDAY
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.

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.