ON Semiconductor ON Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 37.5%-2.4pp | 33.1%-12.3pp | 35.7%-10.0pp | 37.9%-8.4pp | 39.9%-7.0pp | |
| Operating margin | 10%-0.1pp | 1.4%-23.6pp | 4.7%-22.0pp | 7.4%-21.0pp | 10%-20.6pp | |
| Net margin | 9.5%0.0pp | 2%-20.2pp | 5.2%-18.6pp | 7.3%-17.6pp | 9.5%-17.2pp | |
| Returns | ||||||
| Return on equity | 7.5%-0.4pp | 1.5%-17.5pp | 3.9%-18.0pp | 5.7%-19.6pp | 7.8%-22.0pp | |
| Return on invested capital | 6.9%-0.5pp | 0.9%-18.0pp | 3.1%-18.4pp | 5%-19.7pp | 7.4%-22.6pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×0.0× | 0.5×-0.1× | 0.5×-0.1× | 0.5×-0.1× | 0.5×-0.1× | |
| Liquidity | ||||||
| Current ratio | 4.9×-0.1× | 4.5×-0.5× | 5.2×+2.2× | 5×+2.0× | 4.9×+2.1× | |
| Leverage | ||||||
| Debt-to-equity | 0.4×0.0× | 0.4×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | |
| Net debt / EBITDA | 0.9×+0.2× | 1.4×+1.0× | 1.2×+0.8× | 1×+0.5× | 0.7×+0.3× | |
| Per Share | ||||||
| Book value per share | $18.53-2.8% | $18.63-8.3% | $19.38-2.6% | $19.14-0.6% | $19.06+2.4% | |
| Valuation | ||||||
| Market capitalization | $24.4B+42.3% | $21.79B-18.8% | $20.17B-35.3% | $22.65B-22.8% | $17.15B-45.5% | |
| Price / earnings | 42.5×+15.5× | 180.1×+163× | 63.2×+45.5× | 48.6×+33.5× | 27.1×+12.6× | |
| Price / sales | 4×+1.5× | 3.6×-0.2× | 3.3×-1.0× | 3.5×-0.2× | 2.6×-1.3× | |
| Price / book | 3.3×+1.2× | 2.8×-0.2× | 2.6×-1.1× | 2.9×-0.7× | 2.1×-1.7× | |
| EV / EBITDA | 18.2×+4.6× | 29.7×+18.2× | 22.9×+10.5× | 21.1×+10.3× | 13.6×+3.2× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are ON Semiconductor's profit margins?
- ON Semiconductor (ON) runs a 37.5% gross margin and a 10.0% operating margin, with a 9.5% net margin.
- Where do ON Semiconductor's ratios come from?
- Every ratio is computed from ON Semiconductor's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
