On Semiconductor (ON) Asset Utilization Ratio (2010 - 2026)
On Semiconductor's Asset Utilization Ratio was 0.49 in Q2 2026, up 0.2% from 0.49 a year earlier but down 1.6% from the prior quarter.
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Analysis
On Semiconductor (ON) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at On Semiconductor came in at 0.45, down 13.1% from FY2024.
- Asset Utilization Ratio has now declined for three consecutive years.
- In earlier years, Asset Utilization Ratio was 0.52 in FY2024 (-20.8%), 0.66 in FY2023 (-15.0%), 0.77 in FY2022 (+4.6%) and 0.74 in FY2021 (+19.8%).
- Quarterly Asset Utilization Ratio has moved between 0.47 (Q4 2025) and 0.74 (Q3 2022) over five years.
- Compared with a year earlier, Asset Utilization Ratio was higher in two of the last eight quarters, with an average decline of 11.0%.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q3 2021 (growth of 30.3%); the worst was Q1 2025 (a decline of 20.2%).
- Per Business Quant data, ON's Asset Utilization Ratio in the three quarters before Q2 2026 was 0.49 (Q1 2026), 0.47 (Q4 2025) and 0.47 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn | 1.05 |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn | 0.14 |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn | 0.49 |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn | 0.81 |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn | 0.50 |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn | 0.69 |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn | 0.28 |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn | 1.05 |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn | 0.74 |
| 10 | On Semiconductor | 28.62 Bn | 16.93 Bn | 616.30 Mn | 0.49 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 0.49 |
| Apr 3, 2026 | 0.49 |
| Dec 31, 2025 | 0.47 |
| Oct 3, 2025 | 0.47 |
| Jul 4, 2025 | 0.49 |
| Apr 4, 2025 | 0.49 |
| Dec 31, 2024 | 0.51 |
| Sep 27, 2024 | 0.53 |
| Jun 28, 2024 | 0.57 |
| Mar 29, 2024 | 0.61 |
| Dec 31, 2023 | 0.62 |
| Sep 29, 2023 | 0.64 |
| Jun 30, 2023 | 0.67 |
| Mar 31, 2023 | 0.69 |
| Dec 31, 2022 | 0.72 |
| Sep 30, 2022 | 0.74 |
| Jul 1, 2022 | 0.73 |
| Apr 1, 2022 | 0.73 |
| Dec 31, 2021 | 0.73 |
| Oct 1, 2021 | 0.72 |
API Access
On Semiconductor Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "ON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=ON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();