ON vs TXN vs INTC Stock Comparison

On Semiconductor, Texas Instruments and Intel Prices as of Oct 28, 2026 Peers: Industry group
ON On Semiconductor Corp
$75.63 0.0% 1M +46.0% 1Y
Market cap
$29.44B
P/E
46.8x
Revenue (TTM)
$6.20B
Div. yield
–
Semiconductor Manufacturing Technology
2 wins
TXN Texas Instruments Inc
$309.83 +11.3% 1M +85.6% 1Y
Market cap
$283.11B
P/E
40.0x
Revenue (TTM)
$20.77B
Div. yield
1.83%
Semiconductor Manufacturing Technology
6 wins
INTC Intel Corp
$95.53 -17.7% 1M +130.0% 1Y
Market cap
$481.76B
P/E
–
Revenue (TTM)
$57.03B
Div. yield
–
Semiconductor Manufacturing Technology
3 wins

Head to Head

11 decided of 12

Texas Instruments leads on 6 of the 12 questions below (Texas Instruments 6, Intel 3, On Semiconductor 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionONTXNINTCLeader
Larger companyMarket capitalisation $29.44B $283.11B $481.76B INTC
Cheaper on earningsLower P/E, profitable companies only 46.8x 40.0x -43.2x TXN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 22.6x 36.2x 64.5x ON
Faster revenue growthRevenue growth, trailing twelve months -3.1% +20.3% +7.5% TXN
More profitableNet margin, trailing twelve months 10.2% 34.1% -19.8% TXN
Better return on capitalReturn on invested capital 5.4% 22.9% 0.0% TXN
Less leveragedLower net debt / EBITDA 0.4x 0.5x 1.7x ON
Higher dividend yieldTrailing dividend yield — 1.83% 0.00% –
Better 1-year returnPrice return, last 12 months +46.0% +85.6% +130.0% INTC
Better 5-year returnAnnualised price return, 5 years +9.5%/yr +10.6%/yr +14.3%/yr INTC
Less volatileAnnualised volatility, 1 year 63.2% 41.9% 77.4% TXN
Higher overall scoreMean of the five percentile scores vs peers 59/100 68/100 34/100 TXN

Percentile Scorecard

ONTXNINTC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisONTXNINTC
Valuation 81 #19 of 94 56 #42 of 94 45 #52 of 94
Growth 19 #75 of 92 69 #29 of 92 60 #37 of 92
Profitability 64 #33 of 90 98 #3 of 90 29 #64 of 90
Financial Health 33 #67 of 99 43 #57 of 99 9 #90 of 99
Shareholder Returns 99 #2 of 73 76 #18 of 73 24 #56 of 73
Overall 59 68 34
  • ON ranked among 103 companies in Semiconductors
  • TXN ranked among 103 companies in Semiconductors
  • INTC ranked among 103 companies in Semiconductors

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodONTXNINTCSPY
1 month 0.0%+11.3%-17.7% +0.9%
3 months -4.1%+14.2%+16.7% +5.9%
6 months -23.5%+15.1%+0.8% +8.5%
Year to date +39.7%+78.6%+158.9% +13.3%
1 year +46.0%+85.6%+130.0% +12.4%
3 years -9.4%+116.5%+168.8% +88.1%
3 years, per year -3.3%+29.4%+39.1% +23.5%
5 years +57.3%+65.3%+95.0% +68.2%
5 years, per year +9.5%+10.6%+14.3% +11.0%
10 years +555.9%+337.6%+175.0% +263.4%
10 years, per year +20.7%+15.9%+10.6% +13.8%

Risk

MeasureONTXNINTCSPY
Volatility, 1Y 63.2%41.9%77.4% 12.7%
Downside volatility, 1Y 66.6%35.5%68.7% 12.7%
Beta vs S&P 500, 1Y 2.641.493.05 1.00
Return / volatility, 1Y 0.732.041.68 0.98
Max drawdown, 5Y -70.4%-33.9%-67.6% -25.4%
From 52-week high -43.5%-6.8%-32.2% -0.9%
52-week high $133.93$332.28$140.94 $779.14
52-week low $44.90$153.33$33.62 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleONTXNINTC
P/E now vs peer median 46.8xmedian 46.0x 40.0xmedian 46.0x -43.2xmedian 46.0x
P/S now vs peer median 4.8xmedian 7.9x 13.6xmedian 7.9x 8.4xmedian 7.9x
EV/EBITDA now vs peer median 20.4xmedian 28.3x 26.9xmedian 28.3x 40.9xmedian 28.3x
P/FCF now vs peer median 19.6xmedian 41.4x 38.7xmedian 41.4x 170.2xmedian 41.4x
P/B now vs peer median 4.1xmedian 4.6x 14.8xmedian 4.6x 4.7xmedian 4.6x
PEG now vs peer median -1.61median 2.30 -269.95median 2.30 0.37median 2.30

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsONTXNINTC
Revenue $6.20B $20.77B $57.03B
Gross profit $2.34B $12.51B $22.02B
Operating income $669.70M $8.47B -$77.00M
Net income $633.80M $7.11B -$11.67B
Free cash flow $1.50B $7.32B $2.83B
R&D $560.80M $2.10B $13.19B
EPS (diluted) $1.56 $7.68 $-2.21
Cash & equivalents $3.51B $4.21B $12.87B
Total debt $4.46B $13.56B $50.54B
Shares (diluted) 404.40M 921.00M 5.10B
Enterprise value $17.77B $257.99B $366.49B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricONTXNINTC
P/E 46.8x 40.0x -43.2x
P/FCF 19.6x 38.7x 170.2x
P/Operating cash flow 17.6x 28.6x 32.3x
P/S 4.8x 13.6x 8.4x
P/B 4.1x 14.8x 4.7x
P/Tangible book 4.3x 15.0x 4.8x
EV/EBITDA 20.4x 26.9x 40.9x
EV/EBIT 44.9x 34.1x -6,527x
EV/Revenue 4.8x 13.9x 8.8x
EV/FCF 20.0x 39.4x 177.5x
EV/Operating cash flow 18.0x 29.2x 33.6x
PEG (3Y EPS CAGR) -1.61 -269.95 0.37

Growth

14 metrics
MetricONTXNINTC
Revenue growth (1Y) -3.1% 20.3% 7.5%
Revenue CAGR (3Y) -9.5% 4.7% 1.8%
Gross profit growth (1Y) -3.6% 26.0% 39.4%
Gross profit CAGR (3Y) -16.3% 2.3% 2.1%
Operating income growth (1Y) 41.4% 42.8% 99.4%
Operating income CAGR (3Y) -34.4% 2.0% 72.7%
Net income growth (1Y) 35.4% 41.0% 44.6%
Net income CAGR (3Y) -31.3% 0.1% -132.5%
EPS growth (1Y) 38.8% 39.9% 52.9%
EPS CAGR (3Y) -29.0% -0.1% -115.9%
Operating cash flow growth (1Y) -8.7% 43.5% 48.1%
Operating cash flow CAGR (3Y) -12.9% 14.8% 15.3%
Free cash flow growth (1Y) 16.6% 251.8% 125.9%
Free cash flow CAGR (3Y) 9.8% 64.4% 29.5%

Profitability

14 metrics
MetricONTXNINTC
Gross margin 37.7% 60.2% 38.6%
EBITDA margin 23.7% 51.7% 21.6%
Operating margin 10.8% 40.8% -0.1%
Pretax margin 11.6% 39.1% -17.3%
Net margin 10.2% 34.1% -19.8%
FCF margin 24.2% 35.2% 5.0%
Operating cash flow margin 27.0% 47.7% 26.2%
Return on equity 8.7% 38.3% -9.8%
Return on assets 5.0% 19.6% -5.5%
Return on invested capital 5.4% 22.9% 0.0%
Return on capital employed 6.3% 25.4% 0.0%
Asset turnover 0.5x 0.6x 0.3x
Cash conversion (OCF / net income) 2.6x 1.4x -1.3x
Stock comp / revenue 2.4% 2.0% 4.2%

Financial Health

11 metrics
MetricONTXNINTC
Debt / assets 33.1% 36.8% 25.0%
Debt / equity 0.6x 0.7x 0.5x
Net debt / EBITDA 0.4x 0.5x 1.7x
Debt / FCF 3.0x 1.9x 17.9x
Liabilities / assets 46.3% 47.9% 49.0%
Equity / assets 53.7% 52.1% 51.0%
Interest coverage 10.9x 15.0x –
Current ratio 3.5x 5.6x 1.6x
Quick ratio 2.3x 3.6x 0.9x
Cash ratio 1.8x 2.7x 0.8x
Altman Z-score 4.79 13.46 3.55

Shareholder Returns

7 metrics
MetricONTXNINTC
Dividend yield – 1.8% –
Net buyback yield 3.9% -0.1% -0.3%
Shareholder yield 3.9% 1.8% -0.3%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusONTXNINTC
Forward P/E 22.6xFY2026 36.2xFY2026 64.5xFY2026
EPS, next fiscal year $3.34FY2026 $8.57FY2026 $1.48FY2026
EPS growth, next FY +42.1%FY2026 +57.2%FY2026 +252.4%FY2026
EPS growth, the year after +30.5% +28.2% +39.2%
Revenue, next fiscal year $6.21BFY2026 $23.00BFY2026 $59.06BFY2026
Revenue growth, next FY +3.5%FY2026 +30.1%FY2026 +11.7%FY2026
Revenue growth, the year after +26.9% +8.5% +17.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersONTXNINTC
Held by institutions 100.0% 89.1% 68.7%
Institutions holding 998 2,865 3,565
Change in shares held, QoQ -1.0% +3.6% +7.8%
Institutions buying 552 1,586 2,149
Institutions selling 334 942 1,157
Buyers to sellers 1.65 1.68 1.86

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ONTXNINTC
ON 1.00 0.76 0.48
TXN 0.76 1.00 0.45
INTC 0.48 0.45 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ON, TXN and INTC?

Intel (INTC) is the largest by market capitalisation: On Semiconductor (ON) $29.44B, Texas Instruments (TXN) $283.11B, Intel (INTC) $481.76B.

Which stock is cheaper, ON, TXN and INTC?

Texas Instruments (TXN) trades on the lowest price-to-earnings ratio (On Semiconductor (ON) 46.8x, Texas Instruments (TXN) 40.0x, Intel (INTC) -43.2x). On next year's consensus earnings, On Semiconductor (ON) is cheapest (On Semiconductor (ON) 22.6x, Texas Instruments (TXN) 36.2x, Intel (INTC) 64.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Texas Instruments (TXN) grew revenue fastest over the trailing twelve months: On Semiconductor (ON) -3.1%, Texas Instruments (TXN) +20.3%, Intel (INTC) +7.5%.

Which company is more profitable?

Texas Instruments (TXN) has the highest net margin (On Semiconductor (ON) 10.2%, Texas Instruments (TXN) 34.1%, Intel (INTC) -19.8%). On return on invested capital, Texas Instruments (TXN) leads (On Semiconductor (ON) 5.4%, Texas Instruments (TXN) 22.9%, Intel (INTC) 0.0%).

Which stock has performed better?

Over the past year Intel (INTC) returned the most: On Semiconductor (ON) +46.0%, Texas Instruments (TXN) +85.6%, Intel (INTC) +130.0%. Over five years, Intel (INTC) compounded fastest (On Semiconductor (ON) +9.5%/yr, Texas Instruments (TXN) +10.6%/yr, Intel (INTC) +14.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Texas Instruments (TXN) 1.83%, Intel (INTC) 0.00%. On Semiconductor (ON) and Intel (INTC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Texas Instruments (TXN) has been the steadiest (On Semiconductor (ON) 63.2%, Texas Instruments (TXN) 41.9%, Intel (INTC) 77.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ON, TXN and INTC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Texas Instruments (TXN) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.