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% quarter-over-quarter 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 slipped to 14.35% in Q2 2026 per ON's latest filing, from 31.72% in the prior quarter.
- Across five years, FCF Margin topped out at 33.35% in Q3 2022 and bottomed at 1.9% in Q2 2023.
- Historically, FCF Margin has averaged 16.16% across 5 years, with a median of 14.35% in 2026.
- Annual changes were most pronounced in 2023 — FCF Margin plunged 2723 bps — and 2025, when it surged 1724 bps.
- On Semiconductor's FCF Margin stood at 17.03% in 2022, then decreased by 25 bps to 12.74% in 2023, then surged by 92 bps to 24.52% in 2024, then advanced by 29 bps to 31.72% in 2025, then sank by 55 bps to 14.35% in 2026.
- Business Quant data shows ON's FCF Margin at 14.35% in Q2 2026, 31.72% in Q4 2025, and 24.01% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,848.43 Bn | 10,750.17 Bn | 23.77 Bn | - |
| 2 | Nvidia | 5,220.28 Bn | 5,169.94 Bn | 61.16 Bn | 59.53% |
| 3 | Broadcom | 1,746.09 Bn | 1,726.46 Bn | 15.42 Bn | 46.25% |
| 4 | Micron Technology | 1,092.82 Bn | 1,066.80 Bn | 35.06 Bn | 42.36% |
| 5 | Advanced Micro Devices | 773.31 Bn | 760.20 Bn | 6.20 Bn | 13.51% |
| 6 | Intel | 459.59 Bn | 429.86 Bn | 6.51 Bn | 27.59% |
| 7 | Arm Holdings | 259.13 Bn | 255.24 Bn | 1.25 Bn | 85.26% |
| 8 | Texas Instruments | 241.28 Bn | 234.28 Bn | 3.35 Bn | 40.07% |
| 9 | Marvell Technology | 209.48 Bn | 205.64 Bn | 1.26 Bn | 19.98% |
| 10 | On Semiconductor | 28.90 Bn | 25.03 Bn | 616.30 Mn | 26.53% |
Historic Data
Download 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 | 27.20% |
| Oct 1, 2021 | 20.42% |