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ON Semiconductor ON Free cash flow yield

Free cash flow yield at other companies

Analog Devices logo
Analog DevicesADI
2.3%-0.8pp
Texas Instruments logo
Texas InstrumentsTXN
2.1%+1.2pp
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
1.2%-1.1pp
Teradyne, Inc. logo
Teradyne, Inc.TER
1.2%-3.4pp
Amkor Technology logo
Amkor TechnologyAMKR
1.5%-4.2pp
Keysight Technologies logo
Keysight TechnologiesKEYS
2.3%-3.2pp

Other financials

Income statement

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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

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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

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

Valuation

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

Profitability

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

Returns & leverage

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Return on equity7.5%-0.4pp
Debt / equity0.4×0.0×
Current ratio4.9×-0.1×

Where this comes from

Calculated from ON Semiconductor’s reported figures.

Based on trailing twelve months.

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

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Questions, answered.

What is ON Semiconductor's free cash flow yield?
ON Semiconductor (ON) reported free cash flow yield of 4.8% in Q1 2026.
How has ON Semiconductor's free cash flow yield changed year-over-year?
ON Semiconductor's free cash flow yield decreased by 40.8% year-over-year, from 8.2% to 4.8%.
What is the long-term trend for ON Semiconductor's free cash flow yield?
Over 4 years (2021 to 2025), ON Semiconductor's free cash flow yield has grown at a 8.5% compound annual growth rate (CAGR), from 19.6% to 27.1%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.