GlobalFoundries (GFS) vs ON Semiconductor (ON)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
ON Semiconductor (ON) has outperformed GlobalFoundries (GFS) over the past year, gaining 71.3% versus a gain of 37.7%. ON Semiconductor is the larger company by market cap ($32.12 billion vs $26.80 billion), about 1.2 times the size, while GlobalFoundries is growing revenue faster (+0.6% vs -15.3%). On valuation, ON Semiconductor trades at a lower forward P/E (18.2x vs 18.3x for GlobalFoundries).
GlobalFoundries pays a dividend yielding 0.25%, while ON Semiconductor does not currently pay one. GlobalFoundries converts more of its revenue into profit, with a net margin of 13.0% versus 2.0%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | GFS | ON |
|---|---|---|
| Share price | $48.07 | $82.51 |
| Market cap | $26.80B | $32.12B |
| 1-day change | -1.15% | -4.40% |
| YTD return | +37.66% | +52.37% |
| 1-year return | +37.70% | +71.29% |
| 5-year return | — | +90.42% |
| P/E ratio (TTM) | 37.55 | 53.23 |
| Forward P/E | 18.32 | 18.22 |
| EPS (TTM) | $1.28 | $1.55 |
| Dividend yield | 0.25% | 0.00% |
| Annual dividend | $0.12 | $0.00 |
| Revenue (latest FY) | $6.79B | $6.00B |
| Revenue growth (YoY) | +0.61% | -15.35% |
| Net income (latest FY) | $885.00M | $121.00M |
| Gross margin | 24.89% | 33.09% |
| Operating margin | 11.74% | 1.40% |
| Net margin | 13.03% | 2.02% |
| 52-week high | $92.55 | $134.92 |
| 52-week low | $32.02 | $44.56 |
| Distance from 52-week high | -48.06% | -38.85% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +55.36% | +26.60% |
| Average volume | 3.95M | 10.01M |
| Shares outstanding | 557.42M | 389.32M |
| Employees | 14,000 | 22,600 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ON has outperformed GFS by 33.6 percentage points over the past year.
- ON Semiconductor trades at a higher earnings multiple (53.2x vs 37.6x trailing P/E).
- GlobalFoundries is more profitable, keeping 13.0 cents of every revenue dollar as net income versus 2.0 cents for ON Semiconductor.
- GlobalFoundries grew revenue faster in its latest fiscal year (+0.61% vs -15.35%).
About GlobalFoundries
GFS stock →GLOBALFOUNDRIES Inc., a semiconductor foundry, provides range of mainstream wafer fabrication services and technologies in the United States, Europe, the Middle East, Africa, and internationally. It offers semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units.
Technology · Semiconductors · 14,000 employees
About ON Semiconductor
ON stock →ON Semiconductor Corporation provides intelligent sensing and power solutions in Hong Kong, Singapore, the United Kingdom, the United States, and internationally. It operates through three segments: Power Solutions Group, Analog and Mixed-Signal Group, and Intelligent Sensing Group.
Technology · Semiconductors · 22,600 employees
GFS vs ON FAQ
Which is bigger, GlobalFoundries or ON Semiconductor?
ON Semiconductor (ON) is larger, with a market capitalization of $32.12B compared with $26.80B for GlobalFoundries (GFS).
Which stock has performed better over the past year, GFS or ON?
ON returned +71.29% over the past 12 months, compared with +37.70% for GFS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, GFS or ON?
GFS has the lower trailing P/E at 37.6, versus 53.2 for ON. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, GlobalFoundries or ON Semiconductor?
GlobalFoundries pays a dividend yielding 0.25%, while ON Semiconductor does not currently pay a regular dividend.
Are GlobalFoundries and ON Semiconductor in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.