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ON Semiconductor ON Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin37.5%-2.4pp33.1%-12.3pp35.7%-10.0pp37.9%-8.4pp39.9%-7.0pp
Operating margin10%-0.1pp1.4%-23.6pp4.7%-22.0pp7.4%-21.0pp10%-20.6pp
Net margin9.5%0.0pp2%-20.2pp5.2%-18.6pp7.3%-17.6pp9.5%-17.2pp
EBITDA margin23.2%+3.4pp12.8%-21.2pp15%-20.3pp17.6%-18.9pp19.9%-18.4pp
Free cash flow margin19.5%-1.6pp23.7%+6.5pp21.9%+7.7pp20.1%+8.9pp21%+13.0pp
Returns
Return on equity7.5%-0.4pp1.5%-17.5pp3.9%-18.0pp5.7%-19.6pp7.8%-22.0pp
Return on assets4.5%-0.2pp0.9%-10.6pp2.4%-10.5pp3.5%-11.2pp4.7%-12.1pp
Return on invested capital6.9%-0.5pp0.9%-18.0pp3.1%-18.4pp5%-19.7pp7.4%-22.6pp
Efficiency
Asset turnover0.5×0.0×0.5×-0.1×0.5×-0.1×0.5×-0.1×0.5×-0.1×
Inventory turnover1.8×-0.1×1.9×+0.1×1.9×0.0×1.8×-0.2×1.9×-0.3×
Liquidity
Current ratio4.9×-0.1×4.5×-0.5×5.2×+2.2×+2.0×4.9×+2.1×
Quick ratio3.1×-0.2×-0.4×3.5×+1.5×3.4×+1.4×3.3×+1.5×
Cash ratio1.7×-0.5×1.7×-0.3×+0.9×+0.9×2.2×+0.9×
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×+0.2×1.4×+1.0×1.2×+0.8×+0.5×0.7×+0.3×
Interest coverage9.2×-1.1×1.2×-27.2×4.2×-27.1×7.1×-27.9×10.3×-28.7×
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%
Enterprise value$25.64B+42.1%$22.89B-17.6%$21.33B-34.0%$23.76B-22.7%$18.04B-44.5%
Price / earnings42.5×+15.5×180.1×+163×63.2×+45.5×48.6×+33.5×27.1×+12.6×
Price / sales+1.5×3.6×-0.2×3.3×-1.0×3.5×-0.2×2.6×-1.3×
Price / book3.3×+1.2×2.8×-0.2×2.6×-1.1×2.9×-0.7×2.1×-1.7×
EV / EBITDA18.2×+4.6×29.7×+18.2×22.9×+10.5×21.1×+10.3×13.6×+3.2×
EV / sales4.2×+1.5×3.8×-0.1×3.4×-0.9×3.7×-0.2×2.7×-1.3×
Free cash flow yield4.8%-3.3pp6.5%+2.0pp6.7%+3.4pp5.7%+2.7pp8.2%+6.1pp
Earnings yield2.4%-1.3pp0.6%-5.3pp1.6%-4.1pp2.1%-4.5pp3.7%-3.2pp

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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.