ON Semiconductor/$ON
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About ON Semiconductor
Onsemi is a supplier of power semiconductors and sensors focused on the automotive and industrial markets. Onsemi is the second-largest power chipmaker in the world and one of the largest suppliers of image sensors to the automotive market. Its chips sell into vehicle drivetrains, automotive safety systems, energy infrastructure, industrial automation, and data centers. Onsemi manufactures most of its products in-house, vertically integrated from design to production. Its sales are split between direct and distribution, and it holds a global manufacturing and customer footprint.
- Ticker
- $ON
- Sector
- Semiconductors
- Primary listing
- NASDAQ
- Employees
- 22,635
- Headquarters
- Scottsdale, United States
- Website
- www.onsemi.com
ON Semiconductor Metrics
BasicAdvanced
$34B
55.30
$1.56
2.00
-
Price and volume
Market cap
$34B
Beta
2
52-week high
$134.92
52-week low
$44.56
Average daily volume
11M
Financial strength
Current ratio
3.464
Quick ratio
2.265
Long term debt to equity
0.508
Total debt to equity
0.619
Interest coverage (TTM)
23.40%
Profitability
EBITDA (TTM)
2,089.9
Gross margin (TTM)
42.78%
Net profit margin (TTM)
10.17%
Operating margin (TTM)
23.19%
Effective tax rate (TTM)
11.82%
Revenue per employee (TTM)
$270,000
Management effectiveness
Return on assets (TTM)
5.42%
Return on equity (TTM)
8.31%
Valuation
Price to earnings (TTM)
55.302
Price to revenue (TTM)
5.544
Price to book
4.65
Price to tangible book (TTM)
6.46
Price to free cash flow (TTM)
22.901
Free cash flow yield (TTM)
4.37%
Free cash flow per share (TTM)
3.769
Growth
Revenue change (TTM)
-3.14%
Earnings per share change (TTM)
43.47%
3-year revenue growth (CAGR)
-9.46%
10-year revenue growth (CAGR)
6.07%
3-year earnings per share growth (CAGR)
-29.01%
10-year earnings per share growth (CAGR)
14.87%
What the Analysts think about ON Semiconductor
Analyst ratings (Buy, Hold, Sell) for ON Semiconductor stock.
Analyst projections of the future price of ON Semiconductor stock.
Bulls say / Bears say
AI data-centre revenue is now expected to more than double in 2026, with ON supplying power solutions across the rack rather than relying on one component. Its high-voltage silicon-carbide roadmap also targets the rising power demands of AI facilities and grid infrastructure. (Yahoo Finance, onsemi)
Operating leverage is beginning to show: Q2 free cash flow reached $425 million, utilisation rose to 83%, and management guided to 40–42% non-GAAP gross margin for Q3. FabRight actions and site divestitures are expected to add further savings as the footprint becomes more efficient. (GoodMoat, ON Semiconductor Corp Quarterly Earnings Report)
ON is gaining content even where vehicle markets are difficult: Chinese automotive revenue rose 13% in the first half despite a 4% fall in vehicle sales, and Chinese automotive silicon-carbide revenue is expected to grow 60–70% in 2026. New wins such as Rivian’s R2 platform and stronger energy-storage demand broaden the growth pipeline. (GoodMoat, Yahoo Finance)
AI data-centre growth is masking a less convincing core recovery: analysts still describe automotive and industrial trends as weak, while Q2 automotive revenue fell sequentially and traditional industrial markets remained soft. That leaves ON exposed if AI spending slows before the older businesses regain momentum. (Longbridge, Yahoo Finance)
The proposed Synaptics acquisition adds integration and capital-allocation risk while ON is still reshaping its manufacturing base. Its latest filing describes a 650-employee reduction and further restructuring charges, so management must execute two complex programmes at the same time. (Longbridge, ON Semiconductor Corp Quarterly Earnings Report)
Data summarised monthly by Lightyear AI. Last updated on 16 Sept 2026.
ON Semiconductor Financial Performance
Revenues and expenses
ON Semiconductor Earnings Performance
Company profitability
Upcoming events
No upcoming events
ON Semiconductor News
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Funds containing ON Semiconductor
AllEURGBPUSD
Fund name | Fund size | $ON weighting |
|---|---|---|
iShares MSCI Global Semiconductors€SEC0 | €5.1B | 0.37% |
iShares MSCI Global Semiconductors£SEMI | £4.4B | 0.37% |
Amundi MSCI Semiconductors€LSMC | €1.2B | 0.28% |
Amundi MSCI Semiconductors£SEMG | £871M | 0.28% |
VanEck Semiconductor€VVSM | €1.9B | 0.27% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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