On Semiconductor (ON) FCF Margin (2009 - 2026)
On Semiconductor (ON) posted FCF Margin of 26.53% for Q3 2026, up 84.84% on a QoQ basis from 14.35% in Q2 2026, and up 1931.0% year-over-year from 1.31% in Q3 2025.
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Analysis
On Semiconductor (ON) FCF Margin (2009 - 2026) Analysis & Trends
On Semiconductor has reported FCF Margin for 18 years, with the latest figure at 26.53% in Q3 2026.
- On a quarterly basis, FCF Margin rose 1931.0% year-over-year to 26.53% in Q3 2026; TTM through Jul 2026 was 24.21%, a 409.0% increase from a year earlier, with the FY2025 full-year figure at 23.66%, up 654.0% from the prior year.
- FCF Margin was 26.53% for Q3 2026 at On Semiconductor, up from 14.35% 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 16.74%, with a median of 15.01% recorded in 2026.
- The sharpest annual moves came in 2023 and 2026: FCF Margin plunged 2723 bps in 2023, then soared 1931 bps in 2026.
- Over 5 years, FCF Margin stood at 17.03% in 2022, then slipped by 25 bps to 12.74% in 2023, then jumped by 92 bps to 24.52% in 2024, then grew by 29 bps to 31.72% in 2025, then declined by 16 bps to 26.53% in 2026.
- The last three FCF Margin figures came in at 26.53% (Q3 2026), 14.35% (Q2 2026), and 31.72% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn | 76.43% |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn | 42.36% |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn | 27.59% |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn | 40.07% |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn | 36.26% |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn | 23.23% |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn | 12.84% |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn | - |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn | 31.88% |
| 10 | On Semiconductor | 29.64 Bn | 25.80 Bn | 616.30 Mn | 26.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 26.53% |
| 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% |