On Semiconductor (ON) FCF Margin (2009 - 2026)
On Semiconductor (ON) recorded quarterly FCF Margin of 14.35% in Q2 2026, down 54.76% quarter-over-quarter from 31.72% in Q4 2025, and down 1710.0% on a YoY basis from 0.89% in Q2 2025.
On Semiconductor (ON) FCF Margin (2009 - 2026) Analysis & Trends
On Semiconductor's FCF Margin history runs 18 years deep, the most recent figure standing at 14.35% for 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 was 14.35% for Q2 2026 at On Semiconductor, down from 31.72% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 33.35% in Q3 2022 to a low of 1.9% in Q2 2023.
- Historically, FCF Margin has averaged 16.16% across 5 years, with a median of 14.35% in 2026.
- The sharpest annual moves came in 2023 and 2025: FCF Margin sank 2723 bps in 2023, then soared 1724 bps in 2025.
- A 5-year view of FCF Margin shows it 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 slumped by 55 bps to 14.35% in 2026.
- The last three FCF Margin figures came in at 14.35% (Q2 2026), 31.72% (Q4 2025), and 24.01% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,119.49 Bn | 5,076.01 Bn | 61.16 Bn | 59.53% |
| 2 | Broadcom | 1,946.04 Bn | 1,926.41 Bn | 15.42 Bn | 46.25% |
| 3 | Micron Technology | 1,288.71 Bn | 1,274.12 Bn | 17.76 Bn | 23.12% |
| 4 | Taiwan Semiconductor Manufacturing | 1,080.21 Bn | 983.26 Bn | 23.77 Bn | - |
| 5 | Advanced Micro Devices | 879.94 Bn | 867.59 Bn | 5.42 Bn | 25.61% |
| 6 | Intel | 681.83 Bn | 662.64 Bn | 5.35 Bn | -6.28% |
| 7 | Texas Instruments | 293.38 Bn | 288.27 Bn | 2.80 Bn | 17.49% |
| 8 | Marvell Technology | 274.06 Bn | 270.21 Bn | 1.26 Bn | 19.98% |
| 9 | Qualcomm | 241.64 Bn | 231.84 Bn | 4.16 Bn | 21.15% |
| 10 | On Semiconductor | 47.99 Bn | 45.60 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% |