ON Semiconductor Corporation

ON Technology Semiconductors

ON Semiconductor Corporation’s revenue for fiscal 2025 (year ended December 2025) was $6.0 billion, down 15.3% from fiscal 2024.

Revenue
+11.1%
EPS
+28.2%
Free cash flow
+33.5%
Total debt
+32.8%

Quarter to September 2026, against a year earlier

62.84 0.17 −0.27%
Market cap
$24.5B
P/E
36.6×
Fwd P/E
32.9×
Dividend yield
—
F-score
5/9
Altman Z
4.62
Beneish M
−3.05
Dividend safety
n/a

ON Semiconductor Corporation (ON) Current ratio

Alert me on Current ratio

ON Semiconductor Corporation's current ratio at the end of the quarter to 30 September 2026 was 3.5×, down 1.0× from fiscal 2025 (4.5×). Over the past ten years it has ranged from 1.5× (fiscal 2015) to 5.1× (fiscal 2024); the current reading is higher than 91% of that period. That is in line with the Semiconductors industry median of 3.4× and above the Technology sector median of 1.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 4.5× (10.60%)
FY2024 5.1× 86.82%
FY2023 2.7× (2.58%)
FY2022 2.8× 13.44%
FY2021 2.5× 28.86%
FY2020 1.9× 14.49%
FY2019 1.7× (22.97%)
FY2018 2.2× 3.56%
FY2017 2.1× 9.03%
FY2016 1.9× 25.10%

Quarterly newest first

Period Current ratio Change
Sep 2026 3.5× 2.41%
Jun 2026 3.5× (28.90%)
Mar 2026 4.9× 7.75%
Dec 2025 4.5× (13.54%)
43 more quarters

Against its own ten years

Low 1.5× High 5.1×
Ten-year median 2.2×
Current reading's percentile 91

Current ratio against peers

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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