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ON Semiconductor ON Return on invested capital

Return on invested capital at other companies

Analog Devices logo
Analog DevicesADI
8.7%+3.7pp
Diodes logo
DiodesDIOD
2.9%+0.9pp
Texas Instruments logo
Texas InstrumentsTXN
22.8%+4.2pp
Vishay Intertechnology logo
Vishay IntertechnologyVSH
1.5%+1.0pp
Power Integrations logo
Power IntegrationsPOWI
1.5%-1.0pp
Littelfuse logo
LittelfuseLFUS
7.3%-4.4pp

Other financials

Income statement

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Revenue$1.6B+9.2%
Gross profit$616.3M+11.7%
Operating income$258.6M+33.7%
Net income$226.8M+33.2%
EPS (diluted)$0.79+92.7%

Balance sheet

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Cash & equivalents$3.5B+39.1%
Total debt$3.7B+1.2%
Total equity$7.2B-8.8%
Total assets$13.5B+2.7%

Cash flow

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Operating cash flow$459.7M+149%
CapEx-$34.3M-144%
Free cash flow$425.4M+301%

Valuation

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Market cap$31.76B+61.9%
Enterprise value$31.93B+54.0%
P/E50.4×+8.3×
P/S5.1×+2.1×

Profitability

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Gross margin37.7%-0.2pp
Operating margin10.8%+3.4pp
Net margin10.2%+2.9pp
FCF margin24.2%+4.1pp

Returns & leverage

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Return on equity8.3%+2.6pp
Debt / equity0.5×+0.1×
Current ratio3.5×-1.6×

Where this comes from

Calculated from ON Semiconductor’s reported figures.

Based on trailing twelve months.

The source filing: ON Semiconductor’s 8-K, filed August 3, 2026. Open the filing →

Filed
Aug 3, 2026, 4:54 PM EDT
Accession
0001140361-26-030989

FAQ

What is ON Semiconductor's return on invested capital?
ON Semiconductor (ON) reported return on invested capital of 8.1% in Q2 2026.
How has ON Semiconductor's return on invested capital changed year-over-year?
ON Semiconductor's return on invested capital increased by 61.6% year-over-year, from 5% to 8.1%.
What is the long-term trend for ON Semiconductor's return on invested capital?
Over 5 years (2020 to 2025), ON Semiconductor's return on invested capital has grown at a -30.7% compound annual growth rate (CAGR), from 5.7% to 0.9%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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