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) Free cash flow

Alert me on Free cash flow

ON Semiconductor Corporation's free cash flow for fiscal 2025 was $1.5B, up 19.1% from $1.2B in fiscal 2024. Over the twelve months to 30 June 2026 it was $1.5B. Over the past ten years it has ranged from $166.6M (fiscal 2019) to $1.7B (fiscal 2022); the current reading is higher than 91% of that period. ON Semiconductor Corporation ranks 13th of 66 Semiconductors companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $1.5B 19.05%
FY2024 $1.2B 175.45%
FY2023 $442.4M (73.29%)
FY2022 $1.7B 27.01%
FY2021 $1.3B 156.09%
FY2020 $509.2M 205.64%
FY2019 $166.6M (79.17%)
FY2018 $800.0M 12.23%
FY2017 $712.8M 93.38%
FY2016 $368.6M 75.94%

Quarterly newest first

Period Free cash flow Change
Jun 2026 $433.0M 98.44%
Mar 2026 $218.2M (57.28%)
Dec 2025 $510.8M 37.13%
Sep 2025 $372.5M 230.82%
42 more quarters

Against its own ten years

Low $166.6M High $1.7B
Ten-year median $712.8M
Current reading's percentile 91

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

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

The full definition of Free cash flow →

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