Friday 6 November 2026 Export ON’s income statement to Excel — free account

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.

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

Quarter to September 2026, against a year earlier

S&P 500

62.84 0.17 −0.27%

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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

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ON Semiconductor Corporation (ON) Debt to equity

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ON Semiconductor Corporation's debt to equity at the end of the quarter to 30 September 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 0.1× and above the Technology sector median of 0.1×.

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<iframe src="https://stockrow.com/embed/ON/debt-to-equity" width="100%" height="360" style="border:0" loading="lazy" title="ON Semiconductor Corporation debt to equity, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/ON/metrics/debt-to-equity">ON Semiconductor Corporation (ON) debt to equity — stockrow.com</a></p>

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%

Period	Debt to equity	Change
Sep 2026	0.6×	(4.46%)
Jun 2026	0.6×	50.80%
Mar 2026	0.4×	5.12%
Dec 2025	0.4×	(8.31%)
43 more quarters	Free account

Against its own ten years

Low 0.4× High 2.0×

Ten-year median 0.9×

Current reading's percentile 18

Company	Debt to equity
ALAB Astera Labs, Inc. compare	0.0×
CRDO Credo Technology Group Holding Ltd. compare	0.0×
CBRS Cerebras Systems Inc. compare	0.1×
GFS GlobalFoundries Inc. compare	0.1×
UMC United Microelectronics Corporation compare	0.1×
STM STMicroelectronics N.V. compare	0.2×
SWKS Skyworks Solutions, Inc. compare	0.4×
ON ON Semiconductor Corporation	0.6×
MCHP Microchip Technology Incorporated compare	0.8×
Semiconductors industry median	0.1×
Technology sector median	0.1×
Market median	0.1×

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 →

ON Semiconductor Corporation (ON) Debt to equity

Debt to equity, annual

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Against its own ten years

Debt to equity against peers

What Debt to equity is

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Debt to equity, annual

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Against its own ten years

Debt to equity against peers

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