On Semiconductor (ON) EV to FCF (2010 - 2026)
On Semiconductor's (ON) EV to FCF came in at 21.11 for Q2 2026, up 32.7% from 15.90 a year earlier and up 13.4% from the prior quarter.
On Semiconductor (ON) EV to FCF (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jul 3, 2026, EV to FCF at On Semiconductor was 15.89, up 74.9% year-over-year; for FY2025, it was 13.36, down 31.6% from FY2024.
- In prior years, On Semiconductor's EV to FCF was 19.54 in FY2024 (-74.2%), 75.62 in FY2023 (+402.4%), 15.05 in FY2022 (-28.2%) and 20.97 in FY2021 (-15.5%).
- The Q2 2026 figure stands as the highest quarterly EV to FCF since Q3 2024.
- On a year-over-year basis, EV to FCF increased in two of the last eight quarters, with an average decline of 22.9%.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q4 2023, with growth of 402.4%; the weakest was Q1 2025, with a decline of 83.2%.
- According to Business Quant data, EV to FCF for the three prior quarters was 18.61 (Q1 2026), 13.36 (Q4 2025) and 12.63 (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 | 21.11 |
| Apr 3, 2026 | 18.61 |
| Dec 31, 2025 | 13.36 |
| Oct 3, 2025 | 12.63 |
| Jul 4, 2025 | 15.90 |
| Apr 4, 2025 | 7.91 |
| Dec 31, 2024 | 19.54 |
| Sep 27, 2024 | 27.61 |
| Jun 28, 2024 | 30.45 |
| Mar 29, 2024 | 47.14 |
| Dec 31, 2023 | 75.62 |
| Sep 29, 2023 | 69.57 |
| Jun 30, 2023 | 33.67 |
| Mar 31, 2023 | 23.86 |
| Dec 31, 2022 | 15.07 |
| Sep 30, 2022 | 18.92 |
| Jul 1, 2022 | 20.12 |
| Apr 1, 2022 | 22.05 |
| Dec 31, 2021 | 29.89 |
| Oct 1, 2021 | 15.70 |
On Semiconductor EV to FCF 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-fcf&ticker=ON&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=ON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();