ON Semiconductor Corporation
ON Semiconductor Corporation’s revenue for fiscal 2025 (year ended December 2025) was $6.0 billion, down 15.3% from fiscal 2024. In the quarter to June 2026, revenue grew 9.18%, EPS grew 41.5%, free cash flow grew 284.6% and total debt rose 32.8%, each against the same quarter a year earlier. Member of the S&P 500.
Follow ON
ON Semiconductor Corporation (ON) Current ratio
ON Semiconductor Corporation's current ratio at the end of the quarter to 30 June 2026 was 3.5×, down 1.1× 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 above the Semiconductors industry median of 3.3× and above the Technology sector median of 1.8×.
Current ratio, annual
Embed this chart
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 |
|---|---|---|
| Jun 2026 | 3.5× | (28.90%) |
| Mar 2026 | 4.9× | 7.75% |
| Dec 2025 | 4.5× | (13.54%) |
| Sep 2025 | 5.2× | 4.15% |
| 42 more quarters | Free account |
Against its own ten years
Current ratio against peers
| Company | Current ratio |
|---|---|
| ALAB Astera Labs, Inc. compare | 10.1× |
| CRDO Credo Technology Group Holding Ltd. compare | 7.4× |
| TSEM Tower Semiconductor Ltd. compare | 4.9× |
| ON ON Semiconductor Corporation | 3.5× |
| SWKS Skyworks Solutions, Inc. compare | 3.1× |
| STM STMicroelectronics N.V. compare | 2.8× |
| GFS GlobalFoundries Inc. compare | 2.5× |
| MTSI MACOM Technology Solutions Holdings, Inc. compare | 2.3× |
| MCHP Microchip Technology Incorporated compare | 1.9× |
| Semiconductors industry median | 3.3× |
| Technology sector median | 1.8× |
| Market median | 1.6× |
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)
More on ON
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement