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Side-by-side financial comparison of ON Semiconductor (ON) and MARRIOTT VACATIONS WORLDWIDE Corp (VAC). Click either name above to swap in a different company.
ON Semiconductor is the larger business by last-quarter revenue ($1.6B vs $1.2B, roughly 1.3× MARRIOTT VACATIONS WORLDWIDE Corp). ON Semiconductor runs the higher net margin — 16.4% vs -35.0%, a 51.5% gap on every dollar of revenue. On growth, MARRIOTT VACATIONS WORLDWIDE Corp posted the faster year-over-year revenue change (-0.7% vs -10.0%). ON Semiconductor produced more free cash flow last quarter ($372.4M vs $-6.0M). Over the past eight quarters, MARRIOTT VACATIONS WORLDWIDE Corp's revenue compounded faster (5.2% CAGR vs -12.3%).
Fairchild Semiconductor International, Inc. was an American semiconductor company based in San Jose, California. It was founded in 1957 as a division of Fairchild Camera and Instrument by the "traitorous eight" who defected from Shockley Semiconductor Laboratory. It became a pioneer in the manufacturing of transistors and of integrated circuits. Schlumberger bought the firm in 1979 and sold it to National Semiconductor in 1987; Fairchild was spun off as an independent company again in 1997. I...
Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. Formerly a division of Marriott International, Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. Marriott Vacations Worldwide runs more than 120 resorts with over 700,000 Owners and members in a diverse portfolio of brands under The Marriott Vacation Clubs name. Its brands include Marriott Vacation Club, The Marriott Vaca...
ON vs VAC — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.6B | $1.2B |
| Net Profit | $255.0M | $-431.0M |
| Gross Margin | 37.9% | — |
| Operating Margin | 17.0% | — |
| Net Margin | 16.4% | -35.0% |
| Revenue YoY | -10.0% | -0.7% |
| Net Profit YoY | -32.9% | -962.0% |
| EPS (diluted) | $0.63 | $-12.00 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.6B | $1.2B | ||
| Q3 25 | $1.5B | $1.2B | ||
| Q2 25 | $1.4B | $1.2B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | $1.7B | $1.2B | ||
| Q3 24 | $1.8B | $1.2B | ||
| Q2 24 | $1.7B | $1.1B | ||
| Q1 24 | $1.9B | $1.1B |
| Q4 25 | $255.0M | $-431.0M | ||
| Q3 25 | $170.3M | $-2.0M | ||
| Q2 25 | $-486.1M | $69.0M | ||
| Q1 25 | — | $56.0M | ||
| Q4 24 | $379.9M | $50.0M | ||
| Q3 24 | $401.7M | $84.0M | ||
| Q2 24 | $338.2M | $37.0M | ||
| Q1 24 | $453.0M | $47.0M |
| Q4 25 | 37.9% | — | ||
| Q3 25 | 37.6% | — | ||
| Q2 25 | 20.3% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 45.2% | — | ||
| Q3 24 | 45.4% | — | ||
| Q2 24 | 45.2% | — | ||
| Q1 24 | 45.8% | — |
| Q4 25 | 17.0% | — | ||
| Q3 25 | 13.2% | — | ||
| Q2 25 | -39.7% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 23.7% | — | ||
| Q3 24 | 25.3% | — | ||
| Q2 24 | 22.4% | — | ||
| Q1 24 | 28.2% | — |
| Q4 25 | 16.4% | -35.0% | ||
| Q3 25 | 11.6% | -0.2% | ||
| Q2 25 | -33.6% | 6.0% | ||
| Q1 25 | — | 5.0% | ||
| Q4 24 | 22.1% | 4.0% | ||
| Q3 24 | 22.8% | 6.9% | ||
| Q2 24 | 19.5% | 3.5% | ||
| Q1 24 | 24.3% | 4.2% |
| Q4 25 | $0.63 | $-12.00 | ||
| Q3 25 | $0.41 | $-0.07 | ||
| Q2 25 | $-1.15 | $1.77 | ||
| Q1 25 | — | $1.46 | ||
| Q4 24 | $0.88 | $1.29 | ||
| Q3 24 | $0.93 | $2.12 | ||
| Q2 24 | $0.78 | $0.98 | ||
| Q1 24 | $1.04 | $1.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.9B | $406.0M |
| Total DebtLower is stronger | $3.4B | — |
| Stockholders' EquityBook value | $7.9B | $2.0B |
| Total Assets | $13.0B | $9.8B |
| Debt / EquityLower = less leverage | 0.43× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.9B | $406.0M | ||
| Q3 25 | $2.8B | $474.0M | ||
| Q2 25 | $3.0B | $205.0M | ||
| Q1 25 | — | $196.0M | ||
| Q4 24 | $3.0B | $197.0M | ||
| Q3 24 | $2.8B | $197.0M | ||
| Q2 24 | $2.7B | $206.0M | ||
| Q1 24 | $2.6B | $237.0M |
| Q4 25 | $3.4B | — | ||
| Q3 25 | $3.4B | — | ||
| Q2 25 | $3.4B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.4B | — | ||
| Q3 24 | $3.4B | — | ||
| Q2 24 | $3.4B | — | ||
| Q1 24 | $3.4B | — |
| Q4 25 | $7.9B | $2.0B | ||
| Q3 25 | $7.9B | $2.5B | ||
| Q2 25 | $8.0B | $2.5B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | $8.8B | $2.4B | ||
| Q3 24 | $8.6B | $2.4B | ||
| Q2 24 | $8.3B | $2.4B | ||
| Q1 24 | $8.1B | $2.4B |
| Q4 25 | $13.0B | $9.8B | ||
| Q3 25 | $13.1B | $10.1B | ||
| Q2 25 | $13.3B | $9.9B | ||
| Q1 25 | — | $9.9B | ||
| Q4 24 | $14.1B | $9.8B | ||
| Q3 24 | $13.9B | $9.7B | ||
| Q2 24 | $13.7B | $9.6B | ||
| Q1 24 | $13.5B | $9.9B |
| Q4 25 | 0.43× | — | ||
| Q3 25 | 0.43× | — | ||
| Q2 25 | 0.42× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 0.41× | — | ||
| Q1 24 | 0.42× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $418.7M | $6.0M |
| Free Cash FlowOCF − Capex | $372.4M | $-6.0M |
| FCF MarginFCF / Revenue | 24.0% | -0.5% |
| Capex IntensityCapex / Revenue | 3.0% | 1.0% |
| Cash ConversionOCF / Net Profit | 1.64× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.4B | $-29.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $418.7M | $6.0M | ||
| Q3 25 | $184.3M | $62.0M | ||
| Q2 25 | $602.3M | $-48.0M | ||
| Q1 25 | — | $8.0M | ||
| Q4 24 | $579.7M | $100.0M | ||
| Q3 24 | $465.8M | $72.0M | ||
| Q2 24 | $362.2M | $30.0M | ||
| Q1 24 | $498.7M | $3.0M |
| Q4 25 | $372.4M | $-6.0M | ||
| Q3 25 | $106.1M | $51.0M | ||
| Q2 25 | $454.7M | $-68.0M | ||
| Q1 25 | — | $-6.0M | ||
| Q4 24 | $434.8M | $86.0M | ||
| Q3 24 | $293.6M | $58.0M | ||
| Q2 24 | $207.7M | $17.0M | ||
| Q1 24 | $276.3M | $-13.0M |
| Q4 25 | 24.0% | -0.5% | ||
| Q3 25 | 7.2% | 4.3% | ||
| Q2 25 | 31.5% | -5.9% | ||
| Q1 25 | — | -0.5% | ||
| Q4 24 | 25.2% | 6.9% | ||
| Q3 24 | 16.7% | 4.8% | ||
| Q2 24 | 12.0% | 1.6% | ||
| Q1 24 | 14.8% | -1.2% |
| Q4 25 | 3.0% | 1.0% | ||
| Q3 25 | 5.3% | 0.9% | ||
| Q2 25 | 10.2% | 1.7% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | 8.4% | 1.1% | ||
| Q3 24 | 9.8% | 1.1% | ||
| Q2 24 | 8.9% | 1.2% | ||
| Q1 24 | 11.9% | 1.4% |
| Q4 25 | 1.64× | — | ||
| Q3 25 | 1.08× | — | ||
| Q2 25 | — | -0.70× | ||
| Q1 25 | — | 0.14× | ||
| Q4 24 | 1.53× | 2.00× | ||
| Q3 24 | 1.16× | 0.86× | ||
| Q2 24 | 1.07× | 0.81× | ||
| Q1 24 | 1.10× | 0.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ON
| Industrial Segment | $426.3M | 27% |
| Other End Markets Segment | $337.3M | 22% |
| Intelligent Sensing Segments | $284.0M | 18% |
| Direct Customers | $282.4M | 18% |
| Intelligent Sensing Group | $230.0M | 15% |
VAC
| Cost Reimbursement | $467.0M | 38% |
| Time Share | $381.0M | 31% |
| Management And Exchange | $212.0M | 17% |
| Ancillary Revenues | $64.0M | 5% |
| Management Service | $55.0M | 4% |
| Service Other | $36.0M | 3% |
