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. 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.

72.02 1.68 −2.28%
Market cap
$28.7B
P/E
45.6×
Fwd P/E
53.2×
Dividend yield
—
F-score
5/9
Altman Z
4.62
Beneish M
−3.05
Dividend safety
n/a

ON Semiconductor Corporation (ON) Debt to equity

Alert me on Debt to equity

ON Semiconductor Corporation's debt to equity at the end of the quarter to 30 June 2026 was 0.6×, up 0.2× from fiscal 2025 (0.4×). Over the past ten years it has ranged from 0.4× (fiscal 2024) to 2.0× (fiscal 2016); the current reading is higher than 18% of that period. That is above the Semiconductors industry median of 0.0× and above the Technology sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.4× 2.28%
FY2024 0.4× (11.31%)
FY2023 0.4× (16.90%)
FY2022 0.5× (22.66%)
FY2021 0.7× (31.72%)
FY2020 1.0× (9.72%)
FY2019 1.1× 25.50%
FY2018 0.9× (17.82%)
FY2017 1.1× (46.33%)
FY2016 2.0× 129.84%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.6× 50.80%
Mar 2026 0.4× 5.12%
Dec 2025 0.4× (8.31%)
Sep 2025 0.4× 0.50%
42 more quarters

Against its own ten years

Low 0.4× High 2.0×
Ten-year median 0.9×
Current reading's percentile 18

Debt to equity against peers

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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