On Semiconductor (ON) Enterprise Value (2009 - 2026)
On Semiconductor (ON) posted Enterprise Value of $31.67 billion for Q2 2026, up 54.7% from $20.47 billion a year earlier and up 44.0% from the prior quarter.
On Semiconductor (ON) Enterprise Value (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jul 3, 2026, Enterprise Value at On Semiconductor was $23.84 billion, up 103.9% year-over-year; for FY2025, it was $18.95 billion, down 20.0% from FY2024.
- Annual Enterprise Value shows a five-year compound annual growth rate of 8.8% (FY2020 to FY2025).
- In prior years, On Semiconductor's Enterprise Value was $23.69 billion in FY2024 (-28.5%), $33.15 billion in FY2023 (+37.9%), $24.04 billion in FY2022 (-14.3%) and $28.04 billion in FY2021 (+125.8%).
- The Q2 2026 figure stands as the highest quarterly Enterprise Value since Q4 2023.
- On a year-over-year basis, Enterprise Value increased in two of the last eight quarters, with an average decline of 5.5%.
- The strongest year-over-year quarter for Enterprise Value in the past five years was Q3 2021, with growth of 140.6%; the weakest was Q1 2025, with a decline of 61.8%.
- According to Business Quant data, Enterprise Value for the three prior quarters was $21.99 billion (Q1 2026), $18.95 billion (Q4 2025) and $17.12 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 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 |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn |
| 10 | On Semiconductor | 28.62 Bn | 16.93 Bn | 616.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 31.67 Bn |
| Apr 3, 2026 | 21.99 Bn |
| Dec 31, 2025 | 18.95 Bn |
| Oct 3, 2025 | 17.12 Bn |
| Jul 4, 2025 | 20.47 Bn |
| Apr 4, 2025 | 11.09 Bn |
| Dec 31, 2024 | 23.69 Bn |
| Sep 27, 2024 | 28.91 Bn |
| Jun 28, 2024 | 26.69 Bn |
| Mar 29, 2024 | 29.03 Bn |
| Dec 31, 2023 | 33.15 Bn |
| Sep 29, 2023 | 37.36 Bn |
| Jun 30, 2023 | 38.21 Bn |
| Mar 31, 2023 | 32.87 Bn |
| Dec 31, 2022 | 24.04 Bn |
| Sep 30, 2022 | 24.52 Bn |
| Jul 1, 2022 | 18.53 Bn |
| Apr 1, 2022 | 24.28 Bn |
| Dec 31, 2021 | 28.04 Bn |
| Oct 1, 2021 | 18.28 Bn |
On Semiconductor Enterprise Value 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=enterprise-value&ticker=ON&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=ON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();