On Semiconductor (ON) Capital Expenditures (2009 - 2026)
On Semiconductor's Capital Expenditures was $34.3 million in Q2 2026, down 56.1% from $78.2 million a year earlier but up 56.6% from the prior quarter.
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Analysis
On Semiconductor (ON) Capital Expenditures (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, On Semiconductor's Capital Expenditures was $171.6 million through Jul 3, 2026, down 68.5% year-over-year; for FY2025, it came in at $341.2 million, down 50.8% from FY2024.
- Capital Expenditures shows a five-year compound annual growth rate of -2.3% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $694 million in FY2024 (-54.9%), $1.54 billion in FY2023 (+48.6%), $1.04 billion in FY2022 (+133.0%) and $444.6 million in FY2021 (+15.9%).
- Quarterly Capital Expenditures has moved between $21.9 million (Q1 2026) and $433 million (Q3 2023) over five years.
- Compared with a year earlier, Capital Expenditures has declined for 11 straight quarters, with an average decline of 58.6% over the last eight quarters.
- The best year-over-year quarter for Capital Expenditures over five years was Q3 2022 (growth of 190.9%); the worst was Q1 2026 (a decline of 85.2%).
- Per Business Quant data, ON's Capital Expenditures in the three quarters before Q2 2026 was $21.9 million (Q1 2026), $69.1 million (Q4 2025) and $46.3 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn | 2.68 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn | - |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn | 532.00 Mn |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn | 11.11 Bn |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn | 808.00 Mn |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn | - |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn | 2.56 Bn |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn | 188.80 Mn |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn | 707.00 Mn |
| 10 | On Semiconductor | 28.62 Bn | 16.93 Bn | 616.30 Mn | 34.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 34.30 Mn |
| Apr 3, 2026 | 21.90 Mn |
| Dec 31, 2025 | 69.10 Mn |
| Oct 3, 2025 | 46.30 Mn |
| Jul 4, 2025 | 78.20 Mn |
| Apr 4, 2025 | 147.60 Mn |
| Dec 31, 2024 | 157.30 Mn |
| Sep 27, 2024 | 161.70 Mn |
| Jun 28, 2024 | 141.10 Mn |
| Mar 29, 2024 | 233.90 Mn |
| Dec 31, 2023 | 354.00 Mn |
| Sep 29, 2023 | 433.00 Mn |
| Jun 30, 2023 | 430.60 Mn |
| Mar 31, 2023 | 321.50 Mn |
| Dec 31, 2022 | 375.40 Mn |
| Sep 30, 2022 | 271.10 Mn |
| Jul 1, 2022 | 218.10 Mn |
| Apr 1, 2022 | 173.80 Mn |
| Dec 31, 2021 | 569.00 Mn |
| Oct 1, 2021 | 93.20 Mn |
API Access
On Semiconductor Capital Expenditures 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=capital-expenditures&ticker=ON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=ON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();