On Semiconductor (ON) FCF Margin (2009 - 2026)
On Semiconductor's FCF Margin was 26.53% in Q2 2026, up 19.31 percentage points from 7.22% a year earlier and up 12.18 percentage points from the prior quarter.
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Analysis
On Semiconductor (ON) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, On Semiconductor's FCF Margin was 24.21% through Jul 3, 2026, up 4.09 percentage points year-over-year; for FY2025, it was 23.66%, up 6.54 percentage points from FY2024.
- FCF Margin shows a five-year change of +14.13 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 17.12% in FY2024 (+11.81 pp), 5.31% in FY2023 (-13.87 pp), 19.18% in FY2022 (-0.66 pp) and 19.84% in FY2021 (+10.32 pp).
- Quarterly FCF Margin has moved between -1.90% (Q2 2023) and 33.35% (Q3 2022) over five years.
- Compared with a year earlier, FCF Margin was higher in six of the last eight quarters, with an average year-over-year change of +6.35 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q2 2026 (a gain of 19.31 percentage points); the worst was Q3 2023 (a drop of 27.23 percentage points).
- Per Business Quant data, ON's FCF Margin in the three quarters before Q2 2026 was 14.35% (Q1 2026), 31.72% (Q4 2025) and 24.01% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,263.99 Bn | 5,038.15 Bn | 72.14 Bn | 22.24% |
| 2 | Taiwan Semiconductor Manufacturing | 2,201.31 Bn | 1,826.17 Bn | 27.22 Bn | 61.66% |
| 3 | Broadcom | 1,612.08 Bn | 1,538.12 Bn | 20.46 Bn | 46.18% |
| 4 | Micron Technology | 1,031.76 Bn | 937.40 Bn | 47.05 Bn | 60.60% |
| 5 | Advanced Micro Devices | 890.34 Bn | 847.08 Bn | 6.20 Bn | 13.51% |
| 6 | Asml Holding | 638.25 Bn | 593.94 Bn | 5.90 Bn | - |
| 7 | Intel | 471.48 Bn | 340.62 Bn | 6.51 Bn | 27.59% |
| 8 | Lam Research | 335.63 Bn | 312.43 Bn | 3.48 Bn | 18.87% |
| 9 | Applied Materials | 324.01 Bn | 289.45 Bn | 4.59 Bn | 25.56% |
| 10 | On Semiconductor | 29.31 Bn | 17.62 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 | 16.92% |
| Sep 30, 2022 | 33.35% |
| Jul 1, 2022 | 9.72% |
| Apr 1, 2022 | 15.67% |
| Dec 31, 2021 | 3.12% |
| Oct 1, 2021 | 20.42% |
API Access
On Semiconductor FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=ON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "ON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=ON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();