On Semiconductor (ON) FCF Margin (2009 - 2026)
On Semiconductor (ON) posted quarterly FCF Margin of 14.35% for Q2 2026, down 1710.0% year-over-year from 0.89% in Q2 2025, and down 54.76% on a QoQ basis from 31.72% in Q4 2025.
On Semiconductor (ON) FCF Margin (2009 - 2026) Analysis & Trends
On Semiconductor (ON) has reported FCF Margin for 18 consecutive years, with 14.35% the latest figure, recorded in Q2 2026.
- In Q2 2026, FCF Margin fell 1710.0% year-over-year to 14.35%; the TTM figure through Apr 2026 stood at 19.48% (down 156.0% YoY), while the FY2025 annual figure was 23.66%, up 654.0% from the prior year.
- FCF Margin came in at 14.35% for Q2 2026 at On Semiconductor, down from 31.72% in the prior quarter.
- The five-year high for FCF Margin was 33.35% in Q3 2022, with the low at 1.9% in Q2 2023.
- Average FCF Margin over 5 years is 16.16%, with a median of 14.35% recorded in 2026.
- Across the five-year window, FCF Margin slumped 2723 bps in 2023 and soared 1724 bps in 2025, its largest moves.
- Year by year, FCF Margin stood at 17.03% in 2022, then fell by 25 bps to 12.74% in 2023, then jumped by 92 bps to 24.52% in 2024, then gained by 29 bps to 31.72% in 2025, then tumbled by 55 bps to 14.35% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 14.35%, 31.72%, and 24.01% for Q2 2026, Q4 2025, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,798.43 Bn | 4,754.95 Bn | 61.16 Bn | 59.53% |
| 2 | Micron Technology | 1,164.41 Bn | 1,138.39 Bn | 35.06 Bn | 42.36% |
| 3 | Advanced Micro Devices | 882.18 Bn | 869.83 Bn | 5.42 Bn | 25.61% |
| 4 | Intel | 645.64 Bn | 626.45 Bn | 5.35 Bn | -6.28% |
| 5 | Aeluma | 370.26 Bn | 370.22 Bn | 386,000.00 | -63.42% |
| 6 | Arm Holdings | 358.73 Bn | 355.13 Bn | 1.46 Bn | 22.42% |
| 7 | Texas Instruments | 271.25 Bn | 266.15 Bn | 2.80 Bn | 17.49% |
| 8 | Marvell Technology | 239.95 Bn | 236.10 Bn | 1.26 Bn | 19.98% |
| 9 | Qualcomm | 193.93 Bn | 184.13 Bn | 4.16 Bn | 21.15% |
| 10 | On Semiconductor | 37.29 Bn | 34.91 Bn | 583.10 Mn | 14.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 14.35% |
| Dec 31, 2025 | 31.72% |
| Oct 3, 2025 | 24.01% |
| Jul 4, 2025 | 7.22% |
| Apr 4, 2025 | 31.45% |
| Dec 31, 2024 | 24.52% |
| Sep 27, 2024 | 17.26% |
| Jun 28, 2024 | 12.74% |
| Mar 29, 2024 | 14.22% |
| Dec 31, 2023 | 12.74% |
| Sep 29, 2023 | 6.13% |
| Jun 30, 2023 | -1.90% |
| Mar 31, 2023 | 4.46% |
| Dec 31, 2022 | 17.03% |
| Sep 30, 2022 | 33.35% |
| Jul 1, 2022 | 9.72% |
| Apr 1, 2022 | 15.67% |
| Dec 31, 2021 | 24.75% |
| Oct 1, 2021 | 20.42% |
| Jul 2, 2021 | 22.95% |