On Semiconductor (ON) EV to EBITDA (2010 - 2026)
On Semiconductor's EV to EBITDA was 21.70 in Q2 2026, up 19.5% from 18.17 a year earlier and up 39.1% from the prior quarter.
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Analysis
On Semiconductor (ON) EV to EBITDA (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, On Semiconductor's EV to EBITDA was 16.34 through Jul 3, 2026, up 57.4% year-over-year; for FY2025, it came in at 24.61, up 150.4% from FY2024.
- In earlier years, EV to EBITDA was 9.83 in FY2024 (-6.7%), 10.53 in FY2023 (+27.5%), 8.26 in FY2022 (-44.5%) and 14.88 in FY2021 (+16.7%).
- Quarterly EV to EBITDA has moved between 6.91 (Q2 2022) and 24.61 (Q4 2025) over five years.
- Compared with a year earlier, EV to EBITDA has increased for five straight quarters, with growth averaging 49.3% over the last eight quarters.
- The best year-over-year quarter for EV to EBITDA over five years was Q4 2025 (growth of 150.4%); the worst was Q4 2022 (a decline of 44.5%).
- Per Business Quant data, ON's EV to EBITDA in the three quarters before Q2 2026 was 15.60 (Q1 2026), 24.61 (Q4 2025) and 18.40 (Q3 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 21.52 |
| Apr 3, 2026 | 15.48 |
| Dec 31, 2025 | 24.25 |
| Oct 3, 2025 | 18.19 |
| Jul 4, 2025 | 17.99 |
| Apr 4, 2025 | 8.30 |
| Dec 31, 2024 | 9.78 |
| Sep 27, 2024 | 11.04 |
| Jun 28, 2024 | 9.35 |
| Mar 29, 2024 | 9.27 |
| Dec 31, 2023 | 10.49 |
| Sep 29, 2023 | 11.59 |
| Jun 30, 2023 | 12.97 |
| Mar 31, 2023 | 11.55 |
| Dec 31, 2022 | 8.22 |
| Sep 30, 2022 | 9.06 |
| Jul 1, 2022 | 6.88 |
| Apr 1, 2022 | 10.10 |
| Dec 31, 2021 | 14.80 |
| Oct 1, 2021 | 11.45 |
API Access
On Semiconductor EV to EBITDA 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=ev-to-ebitda&ticker=ON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=ON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();