On Semiconductor (ON) Debt Ratio (2009 - 2026)
On Semiconductor (ON) posted Debt Ratio of 0.39 for Q3 2026, up 57.3% on a QoQ basis from 0.25 in Q2 2026, and up 52.84% year-over-year from 0.26 in Q3 2025.
Analysis
On Semiconductor (ON) Debt Ratio (2009 - 2026) Analysis & Trends
On Semiconductor has reported Debt Ratio for 18 years, with the latest figure at 0.39 in Q3 2026.
- On a quarterly basis, Debt Ratio rose 52.84% year-over-year to 0.39 in Q3 2026; TTM through Jul 2026 was 0.39, a 52.84% increase from a year earlier, with the FY2025 full-year figure at 0.24, changed 0.22% from the prior year.
- Debt Ratio was 0.39 for Q3 2026 at On Semiconductor, up from 0.25 in the prior quarter.
- The five-year high for Debt Ratio was 0.39 in Q3 2026, with the low at 0.24 in Q4 2024.
- Average Debt Ratio over 5 years is 0.3, with a median of 0.3 recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Debt Ratio declined 27.14% in 2022, then jumped 52.84% in 2026.
- Over 5 years, Debt Ratio stood at 0.27 in 2022, then fell by 5.3% to 0.25 in 2023, then decreased by 5.95% to 0.24 in 2024, then rose by 0.22% to 0.24 in 2025, then jumped by 65.37% to 0.39 in 2026.
- The last three Debt Ratio figures came in at 0.39 (Q3 2026), 0.25 (Q2 2026), and 0.24 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn | 0.02 |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn | 0.04 |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn | 0.25 |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn | 0.42 |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn | 0.19 |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn | 0.41 |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn | 0.04 |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn | 0.07 |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn | 0.37 |
| 10 | On Semiconductor | 29.64 Bn | 25.80 Bn | 616.30 Mn | 0.39 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 0.39 |
| Apr 3, 2026 | 0.25 |
| Dec 31, 2025 | 0.24 |
| Oct 3, 2025 | 0.26 |
| Jul 4, 2025 | 0.26 |
| Apr 4, 2025 | 0.26 |
| Dec 31, 2024 | 0.24 |
| Sep 27, 2024 | 0.30 |
| Jun 28, 2024 | 0.31 |
| Mar 29, 2024 | 0.31 |
| Dec 31, 2023 | 0.25 |
| Sep 29, 2023 | 0.33 |
| Jun 30, 2023 | 0.35 |
| Mar 31, 2023 | 0.36 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.31 |
| Jul 1, 2022 | 0.32 |
| Apr 1, 2022 | 0.34 |
| Dec 31, 2021 | 0.32 |
| Oct 1, 2021 | 0.39 |