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Friday 6 November 2026 Export ON’s income statement to Excel — free account

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.

Revenue
+11.1%
EPS
+28.2%
Free cash flow
+33.5%
Total debt
+32.8%

Quarter to September 2026, against a year earlier

62.84 0.17 −0.27%
Market cap
$24.5B
P/E
36.6×
Fwd P/E
32.9×
Dividend yield
—
F-score
5/9
Altman Z
4.62
Beneish M
−3.05
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

ON Semiconductor Corporation (ON) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, ON Semiconductor Corporation (ON) trades at a P/B ratio of 3.3×. Over the past ten years it has ranged from 1.0× (March 2020) to 7.3× (December 2021); the current reading is higher than 50% of that period. That is below the Semiconductors industry median of 3.9× and above the Technology sector median of 2.5×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.9× (5.36%)
FY2024 3.1× (32.02%)
FY2023 4.5× 4.59%
FY2022 4.3× (31.52%)
FY2021 6.3× 66.22%
FY2020 3.8× 25.36%
FY2019 3.0× 37.57%
FY2018 2.2× (33.32%)
FY2017 3.3× 15.03%
FY2016 2.9× 12.90%

Quarterly newest first

Period P/B ratio Change
Sep 2026 3.9× (22.57%)
Jun 2026 5.1× 52.93%
Mar 2026 3.3× 15.20%
Dec 2025 2.9× 14.30%
43 more quarters

Against its own ten years

Low 1.0× High 7.3×
Ten-year median 3.3×
Current reading's percentile 47

P/B ratio against peers

Company P/B ratio
CBRS Cerebras Systems Inc. compare 1.4×
GFS GlobalFoundries Inc. compare 1.7×
STM STMicroelectronics N.V. compare 2.1×
SWKS Skyworks Solutions, Inc. compare 2.1×
UMC United Microelectronics Corporation compare 2.3×
ON ON Semiconductor Corporation 3.3×
MCHP Microchip Technology Incorporated compare 5.4×
CRDO Credo Technology Group Holding Ltd. compare 7.8×
ALAB Astera Labs, Inc. compare 16.1×
Semiconductors industry median 3.9×
Technology sector median 2.5×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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