ON Semiconductor Corporation (ON) vs Zoom Communications, Inc. (ZM)
A side-by-side comparison of ON Semiconductor Corporation and Zoom Communications, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
ON
ON Semiconductor Corporation
$71.72TechnologyDelayed quote: Sep 21, 2026, 4:00 PM EDT
ZM
Zoom Communications, Inc.
$90.90TechnologyDelayed quote: Sep 21, 2026, 4:00 PM EDT
Total return — ON vs ZM
growth of $100 · dividends reinvested · last 7yON +223.8% (+18.3%/yr)ZM +55.1% (+6.5%/yr)ON compounded faster over this window
ON ZM
ON vs ZM: by the numbers
- •ON is the larger company ($27.92B vs $26.65B market cap).
- •ZM trades at the lower trailing earnings multiple (8.43 vs 45.97 P/E), one valuation lens rather than an overall verdict.
- •ZM converts more revenue to profit (65.19% vs 10.17% net margin).
- •ZM grew revenue faster over the past five years (6.54% vs 2.67% CAGR).
Metrics side by side
Valuation
| Metric | ON | ZM |
|---|---|---|
| P/E ratio | 45.97 | 8.43 |
| Forward P/E | 22.42 | 14.79 |
| P/S ratio | 4.51 | 5.34 |
| P/B ratio | 3.87 | 2.36 |
| EV / EBITDA | 23.38 | 18.57 |
| FCF yield | 4.73% | 7.22% |
Profitability
| Metric | ON | ZM |
|---|---|---|
| Gross margin | 37.45% | 77.30% |
| Operating margin | 11.66% | 23.73% |
| Net margin | 10.17% | 65.19% |
| ROE | 8.73% | 28.80% |
| ROIC | 5.23% | 8.02% |
Growth (annualized)
| Metric | ON | ZM |
|---|---|---|
| Revenue CAGR (5Y) | 2.67% | 6.54% |
| EPS CAGR (5Y) | -12.64% | 21.68% |
| FCF CAGR (5Y) | 17.01% | 2.88% |
| Total return CAGR (5Y) | 10.18% | -20.13% |
Frequently asked
- Which has the lower trailing P/E, ON or ZM?
- ZM has the lower trailing P/E: ON trades at 45.97 and ZM at 8.43. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ON or ZM?
- Over the past five years, ZM grew revenue faster — ON at a 2.67% CAGR versus ZM at 6.54%.
- Is ON or ZM more profitable?
- ZM runs the higher net margin — ON at 10.17% versus ZM at 65.19%.
- How have ON and ZM total returns compared?
- Over the past 5 years, ON delivered 10.18% and ZM delivered -20.13% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
ON Semiconductor P/E ratioZoom Communications P/E ratioON Semiconductor ROEZoom Communications ROEON Semiconductor operating marginZoom Communications operating marginON Semiconductor revenue growthZoom Communications revenue growthON Semiconductor free cash flowZoom Communications free cash flow
ON Semiconductor & Zoom Communications 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 September 13, 2026.