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
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ON Semiconductor Corporation (ON) Operating margin
ON Semiconductor Corporation's operating margin over the twelve months to 30 September 2026 was 12.3%, up 10.9 percentage points from fiscal 2025 (1.40%). Over the past ten years it has ranged from 1.40% (fiscal 2025) to 30.8% (fiscal 2023) — the current reading is the lowest in ten years. That is above the Semiconductors industry median of 7.30% and above the Technology sector median of 0.36%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 1.40% | (23.56) |
| FY2024 | 25.0% | (5.80) |
| FY2023 | 30.8% | 2.42 |
| FY2022 | 28.3% | 9.24 |
| FY2021 | 19.1% | 12.46 |
| FY2020 | 6.64% | (1.20) |
| FY2019 | 7.84% | (6.57) |
| FY2018 | 14.4% | 2.11 |
| FY2017 | 12.3% | 5.98 |
| FY2016 | 6.32% | (1.15) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 22.0% | 5.83 |
| Jun 2026 | 16.1% | 19.66 |
| Mar 2026 | −3.53% | (16.61) |
| Dec 2025 | 13.1% | (3.97) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| CRDO Credo Technology Group Holding Ltd. compare | 31.7% |
| ALAB Astera Labs, Inc. compare | 25.5% |
| UMC United Microelectronics Corporation compare | 21.5% |
| MCHP Microchip Technology Incorporated compare | 20.9% |
| ON ON Semiconductor Corporation | 12.3% |
| GFS GlobalFoundries Inc. compare | 11.7% |
| STM STMicroelectronics N.V. compare | 5.48% |
| SWKS Skyworks Solutions, Inc. compare | 5.47% |
| CBRS Cerebras Systems Inc. compare | −100.3% |
| Semiconductors industry median | 7.30% |
| Technology sector median | 0.36% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on ON
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement