ON Semiconductor Corporation ON
- Market cap
- $29.0B
- P/E
- 48.9×
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ON Semiconductor Corporation (ON) EV/Sales
As of 25 September 2026, ON Semiconductor Corporation (ON) trades at a EV/Sales of 5.0×. Over the past ten years it has ranged from 1.1× (February 2016) to 8.9× (June 2026); the current reading is higher than 95% of that period. That is below the Semiconductors industry median of 8.8× and above the Technology sector median of 2.9×.
EV/Sales, daily
Annual
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 3.9× | (1.24%) |
| FY2024 | 4.0× | (8.87%) |
| FY2023 | 4.4× | 34.42% |
| FY2022 | 3.2× | (28.72%) |
| FY2021 | 4.5× | 50.73% |
| FY2020 | 3.0× | 30.70% |
| FY2019 | 2.3× | 56.07% |
| FY2018 | 1.5× | (26.83%) |
| FY2017 | 2.0× | 0.43% |
| FY2016 | 2.0× | 43.47% |
Quarterly
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 6.1× | 42.24% |
| Mar 2026 | 4.3× | 8.53% |
| Dec 2025 | 3.9× | 13.56% |
| Sep 2025 | 3.5× | (4.25%) |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| STM STMicroelectronics N.V. compare | 3.4× |
| GFS GlobalFoundries Inc. compare | 3.8× |
| ON ON Semiconductor Corporation | 5.0× |
| MCHP Microchip Technology Incorporated compare | 9.7× |
| TSEM Tower Semiconductor Ltd. compare | 14.4× |
| MTSI MACOM Technology Solutions Holdings, Inc. compare | 18.5× |
| CRDO Credo Technology Group Holding Ltd. compare | 24.2× |
| LSCC Lattice Semiconductor Corporation compare | 26.7× |
| SITM SiTime Corporation compare | 36.2× |
| Semiconductors industry median | 8.8× |
| Technology sector median | 2.9× |
| Market median | 2.2× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((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)) ÷ Revenue (TTM)
More on ON
- Revenue
- Net income
- 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
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement