ON Semiconductor Corp. operates in 3 segments: Power Solutions Group (PSG); Advanced Solutions Group (ASG); and Intelligent Sensing Group (ISG).
Segment Profit Margin
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Power Solutions Group (PSG) | 47.39% | 38.33% | 30.76% | 35.00% | 36.54% |
Advanced Solutions Group (ASG) | 51.90% | 43.99% | 38.24% | 40.30% | 42.41% |
Intelligent Sensing Group (ISG) | 47.65% | 37.79% | 32.19% | 36.37% | 41.24% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | Power Solutions Group (PSG) | Power Solutions Group (PSG) segment profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. |
Advanced Solutions Group (ASG) | Advanced Solutions Group (ASG) segment profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. | |
Intelligent Sensing Group (ISG) | Intelligent Sensing Group (ISG) segment profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. |
Segment Profit Margin: Power Solutions Group (PSG)
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Segment gross profit | 1,994,300) | 1,318,300) | 801,700) | 976,000) | 1,110,100) |
Revenue from external customers | 4,208,200) | 3,439,100) | 2,606,100) | 2,788,300) | 3,038,200) |
Segment Profitability Ratio | |||||
Segment profit margin1 | 47.39% | 38.33% | 30.76% | 35.00% | 36.54% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Segment profit margin = 100 × Segment gross profit ÷ Revenue from external customers
= 100 × 1,994,300 ÷ 4,208,200 = 47.39%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | Power Solutions Group (PSG) | Power Solutions Group (PSG) segment profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. |
Segment Profit Margin: Advanced Solutions Group (ASG)
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Segment gross profit | 1,474,500) | 1,055,600) | 730,500) | 794,800) | 878,300) |
Revenue from external customers | 2,841,300) | 2,399,900) | 1,910,400) | 1,972,300) | 2,071,200) |
Segment Profitability Ratio | |||||
Segment profit margin1 | 51.90% | 43.99% | 38.24% | 40.30% | 42.41% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Segment profit margin = 100 × Segment gross profit ÷ Revenue from external customers
= 100 × 1,474,500 ÷ 2,841,300 = 51.90%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | Advanced Solutions Group (ASG) | Advanced Solutions Group (ASG) segment profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. |
Segment Profit Margin: Intelligent Sensing Group (ISG)
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in thousands) | |||||
Segment gross profit | 608,400) | 340,400) | 237,700) | 275,400) | 317,100) |
Revenue from external customers | 1,276,700) | 900,800) | 738,500) | 757,300) | 768,900) |
Segment Profitability Ratio | |||||
Segment profit margin1 | 47.65% | 37.79% | 32.19% | 36.37% | 41.24% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Segment profit margin = 100 × Segment gross profit ÷ Revenue from external customers
= 100 × 608,400 ÷ 1,276,700 = 47.65%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | Intelligent Sensing Group (ISG) | Intelligent Sensing Group (ISG) segment profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. |
Revenue from external customers
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Power Solutions Group (PSG) | 4,208,200) | 3,439,100) | 2,606,100) | 2,788,300) | 3,038,200) |
Advanced Solutions Group (ASG) | 2,841,300) | 2,399,900) | 1,910,400) | 1,972,300) | 2,071,200) |
Intelligent Sensing Group (ISG) | 1,276,700) | 900,800) | 738,500) | 757,300) | 768,900) |
Total | 8,326,200) | 6,739,800) | 5,255,000) | 5,517,900) | 5,878,300) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
Segment gross profit
Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
---|---|---|---|---|---|
Power Solutions Group (PSG) | 1,994,300) | 1,318,300) | 801,700) | 976,000) | 1,110,100) |
Advanced Solutions Group (ASG) | 1,474,500) | 1,055,600) | 730,500) | 794,800) | 878,300) |
Intelligent Sensing Group (ISG) | 608,400) | 340,400) | 237,700) | 275,400) | 317,100) |
Total | 4,077,200) | 2,714,300) | 1,769,900) | 2,046,200) | 2,305,500) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).