Side-by-side comparison
Microchip Technology vs ON Semiconductor
As of Nov 11, 2026, P/E is 47.4x for Microchip Technology vs 43.6x for ON Semiconductor; P/S is 6.1x for Microchip Technology vs 4.6x for ON Semiconductor; revenue growth is 33.0% for Microchip Technology vs 2.9% for ON Semiconductor; operating margin is 20.9% for Microchip Technology vs 12.3% for ON Semiconductor.
What stands out
- Microchip Technology is growing revenue faster: 33.0% vs 2.9% for ON Semiconductor.
- Microchip Technology keeps more of each sale as operating profit: 20.9% margin vs 12.3% for ON Semiconductor.
- ON Semiconductor carries less debt relative to equity: 0.48 vs 0.83 for Microchip Technology.
- ON Semiconductor's shares did better over the past year: +51.3% vs +13.3% for Microchip Technology.
Key metrics
| Metric | MCHP | ON |
|---|---|---|
| Price | $63.04 | $74.55 |
| Market cap | $34.31B | $29.02B |
| P/E | 47.4x (#2) | 43.6x (#1) |
| P/S | 6.1x (#2) | 4.6x (#1) |
| Revenue growth | 33.0% (#1) | 2.9% (#2) |
| Operating margin | 20.9% (#1) | 12.3% (#2) |
| Net margin | 15.0% (#1) | 10.8% (#2) |
| Debt / equity | 0.83 (#2) | 0.48 (#1) |
| 1-year return | +13.3% (#2) | +51.3% (#1) |
| Research score | 54/100 (#1) | 53/100 (#2) |
Higher is better for growth, margins, one-year return and overall score; lower is better for valuation and debt ratios. Ties share a rank and missing values are excluded.
Company research
- Microchip Technology Incorporated (MCHP) — Semiconductors
- ON Semiconductor Corporation (ON) — Semiconductors