On Semiconductor ON
NASDAQ ON
$76.14 +5.97 (+8.51%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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