ON Semiconductor Future Growth
Future criteria checks 2/6
ON Semiconductor is forecast to grow earnings and revenue by 7% and 4.2% per annum respectively. EPS is expected to grow by 7.8% per annum. Return on equity is forecast to be 27.3% in 3 years.
Key information
7.0%
Earnings growth rate
7.8%
EPS growth rate
| Semiconductor earnings growth | 24.0% |
| Revenue growth rate | 4.2% |
| Future return on equity | 27.3% |
| Analyst coverage | Good |
| Last updated | 18 Apr 2024 |
Recent future growth updates
Recent updates
Returns on Capital Paint A Bright Future For ON Semiconductor (NASDAQ:ON)
Apr 15
ON Facing Headwinds From A Slowing U.S. EV Market Amid Strong SiC Wafer Competition In China
Apr 03Is It Too Late To Consider Buying ON Semiconductor Corporation (NASDAQ:ON)?
Mar 21ON Semiconductor: Perfectly Positioned For The Electrification Of Everything
Mar 12ON Semiconductor (NASDAQ:ON) Seems To Use Debt Quite Sensibly
Mar 09ON Semiconductor's (NASDAQ:ON) Profits Appear To Have Quality Issues
Feb 12ON Semiconductor: The After-Earnings Rally Looks Like An Overreaction
Feb 06Is There An Opportunity With ON Semiconductor Corporation's (NASDAQ:ON) 38% Undervaluation?
Feb 04Tracking A 2024 Slowdown In Silicon Carbide For EVs With Eyes On ON Semiconductor And Wolfspeed
Jan 10Does ON Semiconductor (NASDAQ:ON) Deserve A Spot On Your Watchlist?
Dec 30Investors Shouldn't Overlook ON Semiconductor's (NASDAQ:ON) Impressive Returns On Capital
Dec 06At US$67.38, Is ON Semiconductor Corporation (NASDAQ:ON) Worth Looking At Closely?
Nov 12Here's Why ON Semiconductor (NASDAQ:ON) Can Manage Its Debt Responsibly
Oct 31Is ON Semiconductor Corporation (NASDAQ:ON) Trading At A 30% Discount?
Oct 19Is Now The Time To Put ON Semiconductor (NASDAQ:ON) On Your Watchlist?
Sep 25Investors Should Be Encouraged By ON Semiconductor's (NASDAQ:ON) Returns On Capital
Aug 29Is Now An Opportune Moment To Examine ON Semiconductor Corporation (NASDAQ:ON)?
Aug 03ON Semiconductor (NASDAQ:ON) Seems To Use Debt Rather Sparingly
Jul 21Calculating The Fair Value Of ON Semiconductor Corporation (NASDAQ:ON)
Jul 09With EPS Growth And More, ON Semiconductor (NASDAQ:ON) Makes An Interesting Case
Jun 27Shareholders Would Enjoy A Repeat Of ON Semiconductor's (NASDAQ:ON) Recent Growth In Returns
May 31Is ON Semiconductor Corporation (NASDAQ:ON) Potentially Undervalued?
May 05We Think ON Semiconductor (NASDAQ:ON) Can Manage Its Debt With Ease
Apr 10Should You Be Adding ON Semiconductor (NASDAQ:ON) To Your Watchlist Today?
Mar 28We Think ON Semiconductor (NASDAQ:ON) Might Have The DNA Of A Multi-Bagger
Mar 01A Look At The Fair Value Of ON Semiconductor Corporation (NASDAQ:ON)
Feb 15What Does ON Semiconductor Corporation's (NASDAQ:ON) Share Price Indicate?
Feb 02We Think ON Semiconductor (NASDAQ:ON) Can Manage Its Debt With Ease
Jan 03We Ran A Stock Scan For Earnings Growth And ON Semiconductor (NASDAQ:ON) Passed With Ease
Dec 19Is ON Semiconductor Corporation (NASDAQ:ON) Worth US$70.3 Based On Its Intrinsic Value?
Nov 17We Like ON Semiconductor's (NASDAQ:ON) Returns And Here's How They're Trending
Oct 31ON Semiconductor (NASDAQ:ON) Seems To Use Debt Rather Sparingly
Oct 03ON Semiconductor: This Correction Is A Downright Gift For You And Me
Sep 28When Should You Buy ON Semiconductor Corporation (NASDAQ:ON)?
Sep 20ON Semiconductor: Don't Buy Into This Rapid Surge - Sell And Cut Exposure
Aug 28Does ON Semiconductor (NASDAQ:ON) Deserve A Spot On Your Watchlist?
Aug 22Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 9,240 | 2,570 | 2,054 | 3,398 | 12 |
| 12/31/2025 | 8,276 | 2,122 | 1,901 | 2,943 | 30 |
| 12/31/2024 | 7,509 | 1,778 | 1,654 | 2,899 | 30 |
| 12/31/2023 | 8,253 | 2,184 | 402 | 1,978 | N/A |
| 9/29/2023 | 8,339 | 2,225 | 593 | 2,098 | N/A |
| 6/30/2023 | 8,350 | 1,955 | 1,169 | 2,533 | N/A |
| 3/31/2023 | 8,341 | 1,834 | 1,380 | 2,563 | N/A |
| 12/31/2022 | 8,326 | 1,902 | 1,597 | 2,633 | N/A |
| 9/30/2022 | 8,069 | 1,724 | 1,616 | 2,528 | N/A |
| 7/1/2022 | 7,618 | 1,722 | 1,244 | 1,975 | N/A |
| 4/1/2022 | 7,203 | 1,450 | 1,454 | 2,042 | N/A |
| 12/31/2021 | 6,740 | 1,010 | 1,290 | 1,782 | N/A |
| 10/1/2021 | 6,340 | 673 | 1,043 | 1,556 | N/A |
| 7/2/2021 | 5,915 | 524 | 808 | 1,270 | N/A |
| 4/2/2021 | 5,459 | 338 | 508 | 937 | N/A |
| 12/31/2020 | 5,255 | 234 | 401 | 884 | N/A |
| 10/2/2020 | 5,211 | 202 | 196 | 576 | N/A |
| 7/3/2020 | 5,275 | -20 | 225 | 654 | N/A |
| 4/3/2020 | 5,409 | 84 | 123 | 723 | N/A |
| 12/31/2019 | 5,518 | 212 | 65 | 695 | N/A |
| 9/27/2019 | 5,619 | 321 | 375 | 1,024 | N/A |
| 6/28/2019 | 5,779 | 548 | 481 | 1,140 | N/A |
| 3/29/2019 | 5,887 | 602 | 615 | 1,186 | N/A |
| 12/31/2018 | 5,878 | 627 | 759 | 1,274 | N/A |
| 9/28/2018 | 5,753 | 992 | 507 | 1,078 | N/A |
| 6/29/2018 | 5,602 | 934 | 507 | 1,048 | N/A |
| 3/30/2018 | 5,484 | 872 | 658 | 1,112 | N/A |
| 12/31/2017 | 5,543 | 811 | 699 | 1,094 | N/A |
| 9/29/2017 | 5,427 | 392 | N/A | 1,099 | N/A |
| 6/30/2017 | 4,987 | 293 | N/A | 904 | N/A |
| 3/31/2017 | 4,526 | 224 | N/A | 675 | N/A |
| 12/31/2016 | 3,907 | 182 | N/A | 581 | N/A |
| 9/30/2016 | 3,486 | 125 | N/A | 509 | N/A |
| 7/1/2016 | 3,440 | 162 | N/A | 505 | N/A |
| 4/1/2016 | 3,442 | 187 | N/A | 502 | N/A |
| 12/31/2015 | 3,496 | 206 | N/A | 471 | N/A |
| 10/2/2015 | 3,520 | 152 | N/A | 476 | N/A |
| 7/3/2015 | 3,449 | 146 | N/A | 440 | N/A |
| 4/3/2015 | 3,326 | 189 | N/A | 490 | N/A |
| 12/31/2014 | 3,162 | 190 | N/A | 481 | N/A |
| 9/26/2014 | 3,016 | 219 | N/A | 446 | N/A |
| 6/27/2014 | 2,898 | 230 | N/A | 413 | N/A |
| 3/28/2014 | 2,828 | 184 | N/A | 317 | N/A |
| 12/31/2013 | 2,783 | 150 | N/A | 327 | N/A |
| 9/27/2013 | 2,745 | -16 | N/A | 337 | N/A |
| 6/28/2013 | 2,755 | -55 | N/A | 289 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ON's forecast earnings growth (7% per year) is above the savings rate (2.3%).
Earnings vs Market: ON's earnings (7% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: ON's earnings are forecast to grow, but not significantly.
Revenue vs Market: ON's revenue (4.2% per year) is forecast to grow slower than the US market (8.1% per year).
High Growth Revenue: ON's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ON's Return on Equity is forecast to be high in 3 years time (27.3%)