ON SEMICONDUCTOR CORP ON

Technology SIC 3674 - Semiconductors & Related Devices NAICS Manufacturing › Computer and Electronic Product Manufacturing › Semiconductor and Other Electronic Component Manufacturing › Semiconductor and Related Device Manufacturing derived Nasdaq

ON Semiconductor Corporation, together with its wholly and majority-owned subsidiaries, which operate under the onsemiTM brand ("onsemi," "we," "us," "our," or the "Company"), was incorporated under the laws of the State of Delaware in 1992.

We offer intelligent power and intelligent sensing solutions that drive electrification, energy efficiency, safety, and automation in automotive, industrial, and other end-markets, including AI data center. Our intelligent power technologies enable the electrification of drivetrain in the automotive industry to allow for lighter and longer-range electric vehicles and empower efficient fast-charging systems. Our intelligent sensing technologies enable advanced safety applications in automotive through industry leading performance and reliability.

Last close 72.25 2026-10-23
Market cap $28.13B 2026-07-03 share count
52-week range 44.56 - 134.92

Valuation FY2025 figures against the last close

P/S4.7x
P/E249.1x
P/FCF19.8x
EV/EBITDA37.1x
Dividend yield—
Diluted EPS0.29

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $6.00B$7.08B$8.25B$8.33B$6.74B$5.25B$5.52B$5.88B$5.54B$3.91B
Cost of revenue $4.01B$3.87B$4.37B$4.25B$4.03B$3.54B$3.54B$3.64B$3.51B$2.61B
Gross profit $1.98B$3.22B$3.88B$4.08B$2.71B$1.72B$1.97B$2.24B$2.04B$1.30B
SG&A $348.9M$376.3M$362.4M$343.2M$304.8M$258.7M$284.0M$293.3M$285.0M$230.0M
Total operating expenses $1.90B$1.45B$1.34B$1.72B$1.43B$1.37B$1.54B$1.39B$1.35B$1.05B
Operating income $84.2M$1.77B$2.54B$2.36B$1.29B$348.7M$432.7M$847.2M$681.6M$246.8M
Interest expense $70.9M$62.3M$74.8M$94.9M$130.4M$168.4M$148.3M$128.2M$141.2M$145.3M
Pre-tax income $131.3M$1.84B$2.54B$2.36B$1.16B$176.6M$276.6M$755.0M$547.5M$180.6M
Income tax $7.7M$262.8M$350.2M$458.4M$146.6M$59.8M$62.7M$125.1M$265.5M$3.9M
Net income $121.0M$1.57B$2.18B$1.90B$1.01B$234.2M$211.7M$627.4M$810.7M$182.1M
EPS, basic 0.293.685.074.392.370.570.521.481.920.44
EPS, diluted 0.293.634.894.252.270.560.511.441.890.43
Shares, diluted (wtd. avg.) 411.8M432.7M446.8M448.2M443.8M418.8M416.0M435.9M428.3M420.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $2.15B$2.69B$2.48B$2.93B$1.38B$1.08B$894.2M$1.09B$966.6M$1.05B
Short-term investments $400.0M$300.0M$0———————
Receivables $908.0M$1.16B$935.4M$842.3M$809.4M$676.0M$705.0M$686.0M$701.5M$629.8M
Inventory $1.99B$2.24B$2.11B$1.62B$1.38B$1.25B$1.23B$1.23B$1.09B$1.03B
Total current assets $5.82B$6.75B$5.91B$5.73B$3.78B$3.18B$3.02B$3.17B$2.93B$2.87B
Property, plant and equipment $3.37B$4.36B$4.40B$3.45B$2.52B$2.51B$2.59B$2.55B$2.28B$2.16B
Goodwill $1.68B$1.59B$1.58B$1.58B$1.94B$1.66B$1.66B$932.5M$916.9M$924.7M
Other intangibles $343.9M$257.9M$299.3M$359.7M$495.7M$469.0M$590.5M$566.4M$628.3M$762.1M
Total assets $12.52B$14.09B$13.22B$11.98B$9.63B$8.67B$8.43B$7.59B$7.20B$6.92B
Accounts payable $572.3M$574.5M$725.6M$852.1M$635.1M$572.9M$543.6M$671.7M$548.0M$434.0M
Short-term debt —$0$794.0M$147.8M$160.7M$531.6M$736.0M$138.5M$248.1M$553.8M
Total current liabilities $1.29B$1.33B$2.18B$2.06B$1.54B$1.67B$1.82B$1.47B$1.41B$1.50B
Long-term debt $2.98B$3.35B$2.54B$3.05B$2.91B$2.96B$2.88B$2.63B$2.70B$3.07B
Total liabilities $4.83B$5.28B$5.41B$5.77B$5.02B$5.11B$5.10B$4.39B$4.39B$5.05B
Retained earnings $8.24B$8.12B$6.55B$4.36B$2.44B$1.43B$1.19B$979.6M$351.5M-$527.3M
Total equity $7.67B$8.80B$7.80B$6.21B$4.60B$3.56B$3.32B$3.19B$2.80B$1.84B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $1.76B$1.91B$1.98B$2.63B$1.78B$884.3M$694.7M$1.27B$1.09B$581.1M
Depreciation and amortisation $686.0M$642.9M$609.5M$551.8M$596.7M$625.1M$593.1M$508.7M$481.9M$364.1M
Stock-based compensation $144.3M$136.1M$121.1M$100.8M$101.3M$67.7M$79.4M$78.3M$69.8M$56.1M
Capital expenditure $341.2M$694.0M$1.54B$1.04B$444.6M$383.6M$534.6M$514.8M$387.5M$210.7M
Investing cash flow -$538.5M-$1.01B-$1.74B-$705.4M-$915.1M-$453.6M-$1.51B-$548.9M-$364.8M-$2.44B
Financing cash flow -$1.76B-$683.8M-$686.5M-$370.0M-$569.4M-$244.0M$623.1M-$605.1M-$810.9M$2.26B
Buybacks $1.38B$654.1M$564.2M$259.8M$0$65.4M$139.0M$315.3M$25.0M$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001097864-26-000006.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 2.5B 5B 7.5B 10B Revenue, FY2016: 3.9B Gross profit, FY2016: 1.3B Net income, FY2016: 182.1M Revenue, FY2017: 5.5B Gross profit, FY2017: 2B Net income, FY2017: 810.7M Revenue, FY2018: 5.9B Gross profit, FY2018: 2.2B Net income, FY2018: 627.4M Revenue, FY2019: 5.5B Gross profit, FY2019: 2B Net income, FY2019: 211.7M Revenue, FY2020: 5.3B Gross profit, FY2020: 1.7B Net income, FY2020: 234.2M Revenue, FY2021: 6.7B Gross profit, FY2021: 2.7B Net income, FY2021: 1B Revenue, FY2022: 8.3B Gross profit, FY2022: 4.1B Net income, FY2022: 1.9B Revenue, FY2023: 8.3B Gross profit, FY2023: 3.9B Net income, FY2023: 2.2B Revenue, FY2024: 7.1B Gross profit, FY2024: 3.2B Net income, FY2024: 1.6B Revenue, FY2025: 6B Gross profit, FY2025: 2B Net income, FY2025: 121M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $3.91B $5.54B $5.88B $5.52B $5.25B $6.74B $8.33B $8.25B $7.08B $6.00B
Gross profit $1.30B $2.04B $2.24B $1.97B $1.72B $2.71B $4.08B $3.88B $3.22B $1.98B
Net income $182.1M $810.7M $627.4M $211.7M $234.2M $1.01B $1.90B $2.18B $1.57B $121.0M

Recent filings and events

  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Other event Item 8.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Material agreement signed Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
  • Other event Item 8.01
  • Other event Item 8.01
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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