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ON Semiconductor ON Net debt / EBITDA

Net debt / EBITDA at other companies

Analog Devices logo
Analog DevicesADI
1.1×0.0×
Texas Instruments logo
Texas InstrumentsTXN
1.2×-0.2×
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
-1.4×+0.3×
Teradyne, Inc. logo
Teradyne, Inc.TER
-0.1×-0.1×
Amkor Technology logo
Amkor TechnologyAMKR
0.4×0.0×
Keysight Technologies logo
Keysight TechnologiesKEYS
0.3×+0.2×

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 the most recent quarter.

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 net debt / EBITDA?
ON Semiconductor (ON) reported net debt / EBITDA of 0.9× in Q1 2026.
How has ON Semiconductor's net debt / EBITDA changed year-over-year?
ON Semiconductor's net debt / EBITDA increased by 31.2% year-over-year, from 0.7× to 0.9×.
What is the long-term trend for ON Semiconductor's net debt / EBITDA?
Over 4 years (2021 to 2025), ON Semiconductor's net debt / EBITDA has grown at a -8.2% compound annual growth rate (CAGR), from 6.1× to 4.3×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.