Stock Analysis on Net

ON Semiconductor Corp. (NASDAQ:ON)

Analysis of Reportable Segments 

Microsoft Excel

Segment Profit Margin

ON Semiconductor Corp., profit margin by reportable segment

Microsoft Excel
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)

ON Semiconductor Corp.; Power Solutions Group (PSG); segment profit margin calculation

Microsoft Excel
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)

ON Semiconductor Corp.; Advanced Solutions Group (ASG); segment profit margin calculation

Microsoft Excel
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)

ON Semiconductor Corp.; Intelligent Sensing Group (ISG); segment profit margin calculation

Microsoft Excel
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

ON Semiconductor Corp., revenue from external customers by reportable segment

US$ in thousands

Microsoft Excel
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

ON Semiconductor Corp., segment gross profit by reportable segment

US$ in thousands

Microsoft Excel
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).