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

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

S&P 500

62.84 0.17 −0.27%

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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

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ON Semiconductor Corporation (ON) Price to free cash flow

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As of 5 November 2026, ON Semiconductor Corporation (ON) trades at a price to free cash flow of 15.1×. Over the past ten years it has ranged from 8.3× (January 2019) to 80.8× (March 2024); the current reading is higher than 22% of that period. That is below the Semiconductors industry median of 43.8× and below the Technology sector median of 18.7×.

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<iframe src="https://stockrow.com/embed/ON/price-to-free-cash-flow" width="100%" height="360" style="border:0" loading="lazy" title="ON Semiconductor Corporation price to free cash flow, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/ON/metrics/price-to-free-cash-flow">ON Semiconductor Corporation (ON) price to free cash flow — stockrow.com</a></p>

Period	Price to free cash flow	Change
FY2025	15.3×	(30.63%)
FY2024	22.1×	(72.11%)
FY2023	79.3×	392.07%
FY2022	16.1×	(27.32%)
FY2021	22.2×	(16.01%)
FY2020	26.4×	(56.10%)
FY2019	60.1×	587.50%
FY2018	8.7×	(32.25%)
FY2017	12.9×	(9.69%)
FY2016	14.3×	(27.45%)

Period	Price to free cash flow	Change
Sep 2026	18.0×	(24.99%)
Jun 2026	24.0×	19.64%
Mar 2026	20.1×	31.02%
Dec 2025	15.3×	4.59%
43 more quarters	Free account

Against its own ten years

Low 8.3× High 80.8×

Ten-year median 18.3×

Current reading's percentile 22

Company	Price to free cash flow
CBRS Cerebras Systems Inc. compare	n/m
ON ON Semiconductor Corporation	15.1×
UMC United Microelectronics Corporation compare	16.0×
MCHP Microchip Technology Incorporated compare	24.7×
GFS GlobalFoundries Inc. compare	28.3×
CRDO Credo Technology Group Holding Ltd. compare	48.6×
SWKS Skyworks Solutions, Inc. compare	61.2×
ALAB Astera Labs, Inc. compare	93.2×
STM STMicroelectronics N.V. compare	165×
Semiconductors industry median	43.8×
Technology sector median	18.7×
Market median	14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

ON Semiconductor Corporation (ON) Price to free cash flow

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Against its own ten years

Price to free cash flow against peers

What Price to free cash flow is

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Price to free cash flow, daily

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Price to free cash flow against peers

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