Stocks · Technology · Semiconductors & Related Devices

ON Semiconductor

ON Clue Score38
United States Fiscal year ends December CIK 0001097864
$77.53 -2.37% Close, 9 Oct 2026
Price $77.53 +78.85% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue3.91Operating income0.25Net income0.18EPS, diluted0.43Fiscal year 2017Revenue5.54 +41.9%Operating income0.68Net income0.81 +345.2%EPS, diluted1.89 +339.5%Fiscal year 2018Revenue5.88 +6.0%Operating income0.85Net income0.63 −22.6%EPS, diluted1.44 −23.8%Fiscal year 2019Revenue5.52 −6.1%Operating income0.43Net income0.21 −66.3%EPS, diluted0.51 −64.6%Fiscal year 2020Revenue5.26 −4.8%Operating income0.35Net income0.23 +10.6%EPS, diluted0.56 +9.8%Fiscal year 2021Revenue6.74 +28.3%Operating income1.29Net income1.01 +331.1%EPS, diluted2.27 +305.4%Fiscal year 2022Revenue8.33 +23.5%Operating income2.36Net income1.90 +88.4%EPS, diluted4.25 +87.2%Fiscal year 2023Revenue8.25 −0.9%Operating income2.54Net income2.18 +14.8%EPS, diluted4.89 +15.1%Fiscal year 2024Revenue7.08 −14.2%Operating income1.77Net income1.57 −28.0%EPS, diluted3.63 −25.8%Fiscal year 2025Revenue6.00 −15.3%Operating income0.08Net income0.12 −92.3%EPS, diluted0.29 −92.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 3.91 5.54 5.88 5.52 5.26 6.74 8.33 8.25 7.08 6.00
Growth +41.9% +6.0% −6.1% −4.8% +28.3% +23.5% −0.9% −14.2% −15.3%
Operating income 0.25 0.68 0.85 0.43 0.35 1.29 2.36 2.54 1.77 0.08
Net income 0.18 0.81 0.63 0.21 0.23 1.01 1.90 2.18 1.57 0.12
Growth +345.2% −22.6% −66.3% +10.6% +331.1% +88.4% +14.8% −28.0% −92.3%
EPS, diluted 0.43 1.89 1.44 0.51 0.56 2.27 4.25 4.89 3.63 0.29
Growth +339.5% −23.8% −64.6% +9.8% +305.4% +87.2% +15.1% −25.8% −92.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin33.3%Operating margin6.3%Net margin4.7%Free cash flow margin9.5%Fiscal year 2017Gross margin36.7%Operating margin12.3%Net margin14.6%Free cash flow margin12.7%Fiscal year 2018Gross margin38.1%Operating margin14.4%Net margin10.7%Free cash flow margin12.9%Fiscal year 2019Gross margin35.8%Operating margin7.8%Net margin3.8%Free cash flow margin2.9%Fiscal year 2020Gross margin32.7%Operating margin6.6%Net margin4.5%Free cash flow margin9.5%Fiscal year 2021Gross margin40.3%Operating margin19.1%Net margin15.0%Free cash flow margin19.8%Fiscal year 2022Gross margin49.0%Operating margin28.3%Net margin22.8%Free cash flow margin19.2%Fiscal year 2023Gross margin47.1%Operating margin30.8%Net margin26.5%Free cash flow margin5.3%Fiscal year 2024Gross margin45.4%Operating margin25.0%Net margin22.2%Free cash flow margin17.1%Fiscal year 2025Gross margin33.1%Operating margin1.4%Net margin2.0%Free cash flow margin23.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 33.3% 36.7% 38.1% 35.8% 32.7% 40.3% 49.0% 47.1% 45.4% 33.1%
Operating margin 6.3% 12.3% 14.4% 7.8% 6.6% 19.1% 28.3% 30.8% 25.0% 1.4%
Net margin 4.7% 14.6% 10.7% 3.8% 4.5% 15.0% 22.8% 26.5% 22.2% 2.0%
Free cash flow margin 9.5% 12.7% 12.9% 2.9% 9.5% 19.8% 19.2% 5.3% 17.1% 23.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.58Capital expenditure−0.21Free cash flow0.37Buybacks0.00Fiscal year 2017Operating cash flow1.09Capital expenditure−0.39Free cash flow0.71 +90.8%Buybacks−0.03Fiscal year 2018Operating cash flow1.27Capital expenditure−0.51Free cash flow0.76 +7.5%Buybacks−0.32Fiscal year 2019Operating cash flow0.69Capital expenditure−0.53Free cash flow0.16 −78.9%Buybacks−0.14Fiscal year 2020Operating cash flow0.88Capital expenditure−0.38Free cash flow0.50 +212.7%Buybacks−0.07Fiscal year 2021Operating cash flow1.78Capital expenditure−0.44Free cash flow1.34 +167.1%Buybacks0.00Fiscal year 2022Operating cash flow2.63Capital expenditure−1.04Free cash flow1.60 +19.4%Buybacks−0.26Fiscal year 2023Operating cash flow1.98Capital expenditure−1.54Free cash flow0.44 −72.6%Buybacks−0.56Fiscal year 2024Operating cash flow1.91Capital expenditure−0.69Free cash flow1.21 +176.6%Buybacks−0.65Fiscal year 2025Operating cash flow1.76Capital expenditure−0.34Free cash flow1.42 +17.0%Buybacks−1.38
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.58 1.09 1.27 0.69 0.88 1.78 2.63 1.98 1.91 1.76
Capital expenditure −0.21 −0.39 −0.51 −0.53 −0.38 −0.44 −1.04 −1.54 −0.69 −0.34
Free cash flow 0.37 0.71 0.76 0.16 0.50 1.34 1.60 0.44 1.21 1.42
Growth +90.8% +7.5% −78.9% +212.7% +167.1% +19.4% −72.6% +176.6% +17.0%
Buybacks 0.00 −0.03 −0.32 −0.14 −0.07 0.00 −0.26 −0.56 −0.65 −1.38

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash1.03Total debt3.62Net cash (debt)−2.59Shareholders’ equity1.82Debt to equity1.99Fiscal year 2017Cash0.95Total debt2.95Net cash (debt)−2.00Shareholders’ equity2.78Debt to equity1.06Fiscal year 2018Cash1.07Total debt2.77Net cash (debt)−1.70Shareholders’ equity3.17Debt to equity0.87Fiscal year 2019Cash0.89Total debt3.61Net cash (debt)−2.72Shareholders’ equity3.30Debt to equity1.09Fiscal year 2020Cash1.08Total debt3.49Net cash (debt)−2.41Shareholders’ equity3.54Debt to equity0.99Fiscal year 2021Cash1.35Total debt3.07Net cash (debt)−1.72Shareholders’ equity4.59Debt to equity0.67Fiscal year 2022Cash2.92Total debt3.19Net cash (debt)−0.27Shareholders’ equity6.19Debt to equity0.52Fiscal year 2023Cash2.48Total debt3.34Net cash (debt)−0.85Shareholders’ equity7.78Debt to equity0.43Fiscal year 2024Cash2.69Total debt3.35Net cash (debt)−0.65Shareholders’ equity8.80Debt to equity0.38Fiscal year 2025Cash2.15Total debt2.98Net cash (debt)−0.83Shareholders’ equity7.67Debt to equity0.39
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1.03 0.95 1.07 0.89 1.08 1.35 2.92 2.48 2.69 2.15
Total debt 3.62 2.95 2.77 3.61 3.49 3.07 3.19 3.34 3.35 2.98
Net cash (debt) −2.59 −2.00 −1.70 −2.72 −2.41 −1.72 −0.27 −0.85 −0.65 −0.83
Shareholders’ equity 1.82 2.78 3.17 3.30 3.54 4.59 6.19 7.78 8.80 7.67
Debt to equity 1.99 1.06 0.87 1.09 0.99 0.67 0.52 0.43 0.38 0.39

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
33.3% 36.7% 38.1% 35.8% 32.7% 40.3% 49.0% 47.1% 45.4% 33.1%
6.3% 12.3% 14.4% 7.8% 6.6% 19.1% 28.3% 30.8% 25.0% 1.4%
4.6% 9.9% 12.8% 5.0% 3.4% 17.2% 28.4% 30.7% 25.9% 2.2%
4.7% 14.6% 10.7% 3.8% 4.5% 15.0% 22.8% 26.5% 22.2% 2.0%
9.5% 12.7% 12.9% 2.9% 9.5% 19.8% 19.2% 5.3% 17.1% 23.7%
Spending
5.9% 5.1% 5.0% 5.1% 4.9% 4.5% 4.1% 4.4% 5.3% 5.8%
5.4% 7.0% 8.8% 9.7% 7.3% 6.6% 12.4% 18.6% 9.8% 5.7%
−2.2% −48.5% 16.6% 22.7% −33.9% 12.7% 19.4% 13.8% 14.3% 5.9%
Returns
10.0% 29.2% 19.8% 6.4% 6.6% 22.0% 30.7% 28.1% 17.9% 1.6%
2.6% 11.3% 8.3% 2.5% 2.7% 10.5% 15.9% 16.5% 11.2% 1.0%
Balance and payout
1.99 1.06 0.87 1.09 0.99 0.67 0.52 0.43 0.38 0.39
72.9% 61.1% 57.9% 60.5% 59.0% 52.2% 48.2% 41.0% 37.4% 38.6%
0.0% 3.5% 41.5% 86.8% 13.1% 0.0% 16.3% 128.7% 54.0% 97.1%