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.

73.22 3.72 −4.83%
Market cap
$28.5B
P/E
46.3×
Fwd P/E
32.5×
Dividend yield
—
F-score
5/9
Altman Z
4.62
Beneish M
−3.05
Dividend safety
n/a

ON Semiconductor Corporation (ON) EV/FCF

Alert me on EV/FCF

As of 22 October 2026, ON Semiconductor Corporation (ON) trades at a EV/FCF of 19.0×. Over the past ten years it has ranged from 10.4× (April 2025) to 82.7× (March 2024); the current reading is higher than 34% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 16.2× (29.78%)
FY2024 23.1× (71.61%)
FY2023 81.3× 398.79%
FY2022 16.3× (30.67%)
FY2021 23.5× (24.51%)
FY2020 31.1× (59.28%)
FY2019 76.4× 603.49%
FY2018 10.9× (30.87%)
FY2017 15.7× (26.32%)
FY2016 21.3× (8.87%)

Quarterly newest first

Period EV/FCF Change
Jun 2026 24.4× 15.05%
Mar 2026 21.3× 31.15%
Dec 2025 16.2× 3.75%
Sep 2025 15.6× (12.01%)
42 more quarters

Against its own ten years

Low 10.4× High 82.7×
Ten-year median 21.6×
Current reading's percentile 36

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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