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. 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.
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ON Semiconductor Corporation (ON) P/S ratio
As of 16 October 2026, ON Semiconductor Corporation (ON) trades at a P/S ratio of 4.5×. Over the past ten years it has ranged from 0.6× (March 2020) to 8.7× (June 2026); the current reading is higher than 92% of that period. That is below the Semiconductors industry median of 7.6× and above the Technology sector median of 2.7×.
P/S ratio, daily
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Annual newest first
| Period | P/S ratio | Change |
|---|---|---|
| FY2025 | 3.7× | (2.44%) |
| FY2024 | 3.8× | (10.49%) |
| FY2023 | 4.3× | 32.60% |
| FY2022 | 3.2× | (25.28%) |
| FY2021 | 4.3× | 67.71% |
| FY2020 | 2.6× | 40.90% |
| FY2019 | 1.8× | 52.52% |
| FY2018 | 1.2× | (28.30%) |
| FY2017 | 1.7× | 23.09% |
| FY2016 | 1.3× | 14.21% |
Quarterly newest first
| Period | P/S ratio | Change |
|---|---|---|
| Jun 2026 | 6.0× | 47.92% |
| Mar 2026 | 4.0× | 8.43% |
| Dec 2025 | 3.7× | 14.48% |
| Sep 2025 | 3.2× | (4.51%) |
| 42 more quarters | Free account |
Against its own ten years
P/S ratio against peers
| Company | P/S ratio |
|---|---|
| SWKS Skyworks Solutions, Inc. compare | 3.0× |
| STM STMicroelectronics N.V. compare | 3.1× |
| GFS GlobalFoundries Inc. compare | 3.7× |
| ON ON Semiconductor Corporation | 4.5× |
| MCHP Microchip Technology Incorporated compare | 7.8× |
| TSEM Tower Semiconductor Ltd. compare | 12.9× |
| MTSI MACOM Technology Solutions Holdings, Inc. compare | 17.2× |
| CRDO Credo Technology Group Holding Ltd. compare | 19.8× |
| ALAB Astera Labs, Inc. compare | 41.0× |
| Semiconductors industry median | 7.6× |
| Technology sector median | 2.7× |
| Market median | 1.9× |
What P/S ratio is
Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.
(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)
More on ON
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E 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