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ON Semiconductor ON Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin37.5%+4.4pp33.1%-2.7pp35.7%-2.1pp37.9%-2.0pp39.9%-5.6pp
Operating margin10%+8.6pp1.4%-3.3pp4.7%-2.7pp7.4%-2.6pp10%-14.9pp
Net margin9.5%+7.4pp2%-3.1pp5.2%-2.1pp7.3%-2.2pp9.5%-12.7pp
EBITDA margin23.2%+10.4pp12.8%-2.2pp15%-2.6pp17.6%-2.3pp19.9%-14.2pp
Free cash flow margin19.5%-4.2pp23.7%+1.8pp21.9%+1.8pp20.1%-0.9pp21%+3.9pp
Returns
Return on equity7.5%+6.0pp1.5%-2.4pp3.9%-1.9pp5.7%-2.1pp7.8%-11.1pp
Return on assets4.5%+3.6pp0.9%-1.5pp2.4%-1.1pp3.5%-1.3pp4.7%-6.8pp
Return on invested capital6.9%+6.0pp0.9%-2.2pp3.1%-1.9pp5%-2.4pp7.4%-11.5pp
Efficiency
Asset turnover0.5×0.0×0.5×0.0×0.5×0.0×0.5×0.0×0.5×0.0×
Inventory turnover1.8×-0.1×1.9×0.0×1.9×0.0×1.8×-0.1×1.9×+0.1×
Liquidity
Current ratio4.9×+0.4×4.5×-0.7×5.2×+0.2×+0.1×4.9×-0.1×
Quick ratio3.1×+0.2×-0.6×3.5×+0.2×3.4×0.0×3.3×-0.1×
Cash ratio1.7×0.0×1.7×-0.4×0.0×-0.2×2.2×+0.1×
Leverage
Debt-to-equity0.4×0.0×0.4×0.0×0.5×0.0×0.5×0.0×0.5×0.0×
Debt-to-assets0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×
Net debt / EBITDA0.9×-0.6×1.4×+0.2×1.2×+0.3×+0.3×0.7×+0.3×
Interest coverage9.2×+8.0×1.2×-3.1×4.2×-2.8×7.1×-3.3×10.3×-18.0×
Per Share
Book value per share$18.53-0.6%$18.63-3.8%$19.38+1.2%$19.14+0.4%$19.06-6.2%
Valuation
Market capitalization$24.4B+12.0%$21.79B+8.0%$20.17B-11.0%$22.65B+32.1%$17.15B-36.1%
Enterprise value$25.64B+12.0%$22.89B+7.4%$21.33B-10.2%$23.76B+31.7%$18.04B-35.1%
Price / earnings42.5×-138×180.1×+117×63.2×+14.6×48.6×+21.6×27.1×+10.0×
Price / sales+0.4×3.6×+0.4×3.3×-0.3×3.5×+1.0×2.6×-1.2×
Price / book3.3×+0.5×2.8×+0.3×2.6×-0.3×2.9×+0.7×2.1×-0.9×
EV / EBITDA18.2×-11.5×29.7×+6.8×22.9×+1.8×21.1×+7.5×13.6×+2.1×
EV / sales4.2×+0.4×3.8×+0.4×3.4×-0.3×3.7×+1.0×2.7×-1.2×
Free cash flow yield4.8%-1.7pp6.5%-0.2pp6.7%+1.0pp5.7%-2.5pp8.2%+3.7pp
Earnings yield2.4%+1.8pp0.6%-1.0pp1.6%-0.5pp2.1%-1.6pp3.7%-2.2pp

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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.