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) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, ON Semiconductor Corporation (ON) trades at a EV/EBITDA of 19.5×. Over the past ten years it has ranged from 5.9× (March 2020) to 39.6× (February 2026); the current reading is higher than 90% of that period. That is below the Semiconductors industry median of 28.4× and above the Technology sector median of 15.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 30.1× 159.04%
FY2024 11.6× 2.03%
FY2023 11.4× 39.57%
FY2022 8.2× (49.58%)
FY2021 16.2× 2.49%
FY2020 15.8× 29.32%
FY2019 12.2× 93.11%
FY2018 6.3× (32.75%)
FY2017 9.4× (25.31%)
FY2016 12.6× 59.41%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 25.5× 40.36%
Mar 2026 18.2× (39.61%)
Dec 2025 30.1× 32.46%
Sep 2025 22.7× 11.98%
42 more quarters

Against its own ten years

Low 5.9× High 39.6×
Ten-year median 11.0×
Current reading's percentile 90

EV/EBITDA against peers

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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