Skip to content

ON Semiconductor ON Current ratio

Current ratio at other companies

Analog Devices logo
Analog DevicesADI
1.8×-0.3×
Texas Instruments logo
Texas InstrumentsTXN
4.5×-0.8×
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
4.8×-0.1×
Teradyne, Inc. logo
Teradyne, Inc.TER
2.1×-0.6×
Amkor Technology logo
Amkor TechnologyAMKR
0.0×
Keysight Technologies logo
Keysight TechnologiesKEYS
1.9×-1.5×

Other financials

Income statement

See full
Revenue$1.5B+4.7%
Gross profit$583.1M+98.5%
Operating income-$53.4M+90.7%
Net income-$33.4M+93.1%
EPS (diluted)-$0.08+93.0%

Balance sheet

See full
Cash & equivalents$2.0B-27.5%
Total debt$3.2B-11.1%
Total equity$7.3B-9.1%
Total assets$12.0B-9.4%

Cash flow

See full
Operating cash flow$239.1M-60.3%
CapEx$21.9M-85.2%
Free cash flow$217.2M-52.2%

Valuation

See full
Market cap$43.9B+42.3%
Enterprise value$45.15B+42.1%
P/E76.5×+27.8×
P/S7.2×+2.6×

Profitability

See full
Gross margin37.5%-2.4pp
Operating margin10%-0.1pp
Net margin9.5%0.0pp

Returns & leverage

See full
Return on equity7.5%-0.4pp
Debt / equity0.4×0.0×

Where this comes from

Calculated from ON Semiconductor’s reported figures.

Based on the most recent quarter.

The official record: ON Semiconductor’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

Ask your AI about ON Semiconductor's current ratio.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is ON Semiconductor's current ratio?
ON Semiconductor (ON) reported current ratio of 4.9× in Q1 2026.
How has ON Semiconductor's current ratio changed year-over-year?
ON Semiconductor's current ratio decreased by 1.5% year-over-year, from 4.9× to 4.9×.
What is the long-term trend for ON Semiconductor's current ratio?
Over 4 years (2021 to 2025), ON Semiconductor's current ratio has grown at a 21.6% compound annual growth rate (CAGR), from 9× to 19.7×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.