ON Semiconductor Corporation (ON) vs Block, Inc. (XYZ)

XYZ leads on 12 of 15 compared metrics.

A side-by-side comparison of ON Semiconductor Corporation and Block, 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 XYZ

growth of $100 · last 11y
ON +1049.5%XYZ +441.0%ON compounded faster
05001k2k2kStart $10020172019202120232025$1,150$541
ON XYZ

ON vs XYZ: by the numbers

  • ON is the larger company ($45.77B vs $41.38B market cap).
  • XYZ trades at the lower earnings multiple (54.31 vs 82.83 P/E).
  • ON converts more revenue to profit (9.46% vs 3.30% net margin).
  • XYZ grew revenue faster over the past five years (13.19% vs 2.12% CAGR).

Which is better, ON or XYZ?

Metric tally: ON 3 · XYZ 12

It depends on what you're optimizing for:

ValueXYZ(lower P/E)
GrowthXYZ(faster 5Y revenue CAGR)
QualityXYZ(higher ROIC)

Valuation

MetricONXYZ
P/E ratio82.8354.31
Forward P/E37.8213.76
P/S ratio7.591.70
P/B ratio6.301.91
PEG ratio1.56
EV / EBITDA38.6722.87
FCF yield3.16%7.84%

Profitability

MetricONXYZ
Gross margin37.22%44.85%
Operating margin10.84%11.74%
Net margin9.46%3.30%
ROE7.86%3.72%
ROIC6.24%7.52%

Growth (annualized)

MetricONXYZ
Revenue CAGR (5Y)2.12%13.19%
EPS CAGR (5Y)-12.64%34.72%
FCF CAGR (5Y)23.39%64.00%
Total return CAGR (5Y)25.31%-20.52%

Frequently asked

Which is better, ON or XYZ?
It depends on your goal. value: XYZ (lower P/E); growth: XYZ (faster 5Y revenue CAGR); quality: XYZ (higher ROIC). Across all compared metrics, XYZ leads 12 to 3.
Is ON or XYZ cheaper?
On trailing earnings, XYZ is cheaper: ON trades at a 82.83 P/E and XYZ at 54.31.
Which has grown faster, ON or XYZ?
Over the past five years, XYZ grew revenue faster — ON at a 2.12% CAGR versus XYZ at 13.19%.
Is ON or XYZ more profitable?
ON runs the higher net margin — ON at 9.46% versus XYZ at 3.30%.
Which has been the better investment, ON or XYZ?
Over the past 10-year, ON delivered the higher annualized total return — ON at 28.11% versus XYZ at 22.48%. 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.