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
DateValue
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%