On Semiconductor (ON) Debt Ratio (2009 - 2026)
On Semiconductor's Debt Ratio was 0.33 in Q2 2026, up 29.5% from 0.26 a year earlier and up 33.2% from the prior quarter.
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Analysis
On Semiconductor (ON) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Debt Ratio at On Semiconductor came in at 0.24, up 0.2% from FY2024.
- In earlier years, Debt Ratio was 0.24 in FY2024 (-5.9%), 0.25 in FY2023 (-5.3%), 0.27 in FY2022 (-16.5%) and 0.32 in FY2021 (-20.7%).
- The Q2 2026 figure marks the highest quarterly Debt Ratio since Q3 2021.
- Compared with a year earlier, Debt Ratio was higher in five of the last eight quarters, with growth averaging 3.5%.
- The best year-over-year quarter for Debt Ratio over five years was Q2 2026 (growth of 29.5%); the worst was Q3 2021 (a decline of 24.0%).
- Per Business Quant data, ON's Debt Ratio in the three quarters before Q2 2026 was 0.25 (Q1 2026), 0.24 (Q4 2025) and 0.26 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn | 0.10 |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn | 0.02 |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn | 0.32 |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn | 0.03 |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn | 0.04 |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn | 0.09 |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn | 0.25 |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn | 0.16 |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn | 0.15 |
| 10 | On Semiconductor | 28.62 Bn | 16.93 Bn | 616.30 Mn | 0.33 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 0.33 |
| Apr 3, 2026 | 0.25 |
| Dec 31, 2025 | 0.24 |
| Oct 3, 2025 | 0.26 |
| Jul 4, 2025 | 0.26 |
| Apr 4, 2025 | 0.25 |
| Dec 31, 2024 | 0.24 |
| Sep 27, 2024 | 0.24 |
| Jun 28, 2024 | 0.24 |
| Mar 29, 2024 | 0.25 |
| Dec 31, 2023 | 0.25 |
| Sep 29, 2023 | 0.26 |
| Jun 30, 2023 | 0.27 |
| Mar 31, 2023 | 0.28 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.29 |
| Jul 1, 2022 | 0.30 |
| Apr 1, 2022 | 0.31 |
| Dec 31, 2021 | 0.32 |
| Oct 1, 2021 | 0.35 |
API Access
On Semiconductor Debt 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=debt-ratio&ticker=ON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=ON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();