ON Semiconductor Historical Income Statement
ON Stock | USD 69.62 1.15 1.68% |
Historical analysis of ON Semiconductor income statement accounts such as Selling And Marketing Expenses of 197.5 M, Total Revenue of 8.7 B or Gross Profit of 4.1 B can show how well ON Semiconductor performed in making a profits. Evaluating ON Semiconductor income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ON Semiconductor's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining ON Semiconductor latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ON Semiconductor is a good buy for the upcoming year.
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About ON Semiconductor Income Statement Analysis
ON Semiconductor Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to ON Semiconductor shareholders. The income statement also shows ON Semiconductor investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
ON Semiconductor Income Statement Chart
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Total Revenue
Total revenue comprises all receipts ON Semiconductor generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of ON Semiconductor minus its cost of goods sold. It is profit before ON Semiconductor operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from ON Semiconductor's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ON Semiconductor current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON Semiconductor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in ON Semiconductor Stock, please use our How to Invest in ON Semiconductor guide.At this time, ON Semiconductor's EBITDA is very stable compared to the past year. As of the 24th of November 2024, Income Before Tax is likely to grow to about 2.7 B, while Selling General Administrative is likely to drop about 203.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 130.4M | 94.9M | 74.8M | 103.5M | Depreciation And Amortization | 596.7M | 551.8M | 609.5M | 640.0M |
ON Semiconductor income statement Correlations
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ON Semiconductor Account Relationship Matchups
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High Negative Relationship
ON Semiconductor income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 171.9K | 625.1M | 596.7M | 551.8M | 609.5M | 640.0M | |
Interest Expense | 148.3M | 168.4M | 130.4M | 94.9M | 74.8M | 103.5M | |
Selling General Administrative | 284M | 258.7M | 304.8M | 343.2M | 362.4M | 203.1M | |
Selling And Marketing Expenses | 301M | 278.7M | 293.6M | 287.9M | 279.1M | 197.5M | |
Total Revenue | 5.5B | 5.3B | 6.7B | 8.3B | 8.3B | 8.7B | |
Gross Profit | 2.0B | 1.7B | 2.7B | 4.1B | 3.9B | 4.1B | |
Other Operating Expenses | 4.9B | 4.8B | 5.4B | 5.6B | 5.7B | 3.2B | |
Operating Income | 630.9M | 348.7M | 1.3B | 2.4B | 2.5B | 2.7B | |
Ebit | 745.9M | 418.3M | 1.4B | 2.8B | 2.5B | 2.7B | |
Research Development | 640.9M | 642.9M | 655M | 600.2M | 577.3M | 370.1M | |
Ebitda | 746.1M | 1.0B | 2.0B | 3.3B | 2.5B | 2.7B | |
Cost Of Revenue | 3.5B | 3.5B | 4.0B | 4.2B | 4.4B | 2.4B | |
Total Operating Expenses | 1.3B | 1.3B | 1.4B | 1.3B | 1.3B | 832.4M | |
Income Before Tax | 276.6M | 176.6M | 1.2B | 2.4B | 2.5B | 2.7B | |
Total Other Income Expense Net | (354.3M) | (172.1M) | (129.8M) | 2.2M | (2.9M) | (3.0M) | |
Net Income Applicable To Common Shares | 211.7M | 234.2M | 1.0B | 1.9B | 2.2B | 2.3B | |
Net Income | 211.7M | 234.2M | 1.0B | 1.9B | 2.2B | 2.3B | |
Income Tax Expense | 62.7M | (59.8M) | 146.6M | 458.4M | (350.2M) | (332.7M) | |
Net Income From Continuing Ops | 211.7M | 234.2M | 1.0B | 1.9B | 2.2B | 2.3B | |
Non Recurring | 199.8M | 66.5M | 74.3M | 404.7M | 465.4M | 488.7M | |
Non Operating Income Net Other | (7.8M) | (3.7M) | 600K | 97.1M | 111.7M | 117.2M | |
Tax Provision | 62.7M | (59.8M) | 146.6M | 458.4M | 350.2M | 367.7M | |
Interest Income | 10.2M | 4.9M | 1.4M | 15.5M | 93.1M | 97.8M | |
Net Interest Income | (138.1M) | (163.5M) | (129M) | (79.4M) | 18.3M | 19.2M | |
Reconciled Depreciation | 593.1M | 625.1M | 596.7M | 551.8M | 609.5M | 623.4M |
Pair Trading with ON Semiconductor
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ON Semiconductor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ON Semiconductor will appreciate offsetting losses from the drop in the long position's value.Moving together with ON Semiconductor Stock
Moving against ON Semiconductor Stock
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The ability to find closely correlated positions to ON Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ON Semiconductor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ON Semiconductor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ON Semiconductor to buy it.
The correlation of ON Semiconductor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ON Semiconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ON Semiconductor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ON Semiconductor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ON Semiconductor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in ON Semiconductor Stock, please use our How to Invest in ON Semiconductor guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ON Semiconductor. If investors know ON Semiconductor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ON Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Earnings Share 4.03 | Revenue Per Share 17.235 | Quarterly Revenue Growth (0.19) | Return On Assets 0.0956 |
The market value of ON Semiconductor is measured differently than its book value, which is the value of ON Semiconductor that is recorded on the company's balance sheet. Investors also form their own opinion of ON Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is ON Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ON Semiconductor's market value can be influenced by many factors that don't directly affect ON Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ON Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if ON Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ON Semiconductor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.