On Semiconductor ON
NASDAQ ON
$71.17 +0.09 (+0.13%)
As of: Sep 9, 2026 · 3:25 PM EDT

On Semiconductor (ON) Free Cash Flow (2009 - 2025)

On Semiconductor (ON) posted Free Cash Flow of $1.4 billion for FY2025, up 17.01% year-over-year from $1.2 billion in FY2024.

Analysis

On Semiconductor (ON) Free Cash Flow (2009 - 2025) Analysis & Trends

On Semiconductor has reported Free Cash Flow for 17 years, with the latest figure at $1.4 billion in FY2025.

  • On a quarterly basis, Free Cash Flow rose 300.94% year-over-year to $425.4 million in Q3 2026; TTM through Jul 2026 was $1.5 billion, a 16.55% increase from a year earlier, with the FY2025 full-year figure at $1.4 billion, up 17.01% from the prior year.
  • Free Cash Flow was $1.4 billion for FY2025 at On Semiconductor, up from $1.2 billion in the prior year.
  • The five-year high for Free Cash Flow was $1.6 billion in FY2022, with the low at $438.4 million in FY2023.
  • Average Free Cash Flow over 5 years is $1.2 billion, with a median of $1.3 billion recorded in 2021.
  • The sharpest annual moves came in 2023 and 2024: Free Cash Flow tumbled 72.55% in 2023, then jumped 176.55% in 2024.
  • Over 5 years, Free Cash Flow stood at $1.3 billion in 2021, then gained by 19.42% to $1.6 billion in 2022, then sank by 72.55% to $438.4 million in 2023, then surged by 176.55% to $1.2 billion in 2024, then grew by 17.01% to $1.4 billion in 2025.
  • The last three Free Cash Flow figures came in at $1.4 billion (FY2025), $1.2 billion (FY2024), and $438.4 million (FY2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Yr)
1 Taiwan Semiconductor Manufacturing 2,249.31 Bn 2,143.92 Bn 27.22 Bn -
2 Micron Technology 1,157.47 Bn 1,131.45 Bn 35.06 Bn -
3 Intel 541.02 Bn 511.30 Bn 6.51 Bn -
4 Texas Instruments 237.99 Bn 230.99 Bn 3.35 Bn -
5 Analog Devices 176.54 Bn 174.21 Bn 2.71 Bn -
6 NXP Semiconductors 56.42 Bn 53.20 Bn 2.00 Bn -
7 United Microelectronics 54.97 Bn 51.01 Bn 706.26 Mn -
8 STMicroelectronics 46.05 Bn 41.79 Bn 1.22 Bn -
9 Microchip Technology 39.66 Bn 39.38 Bn 938.90 Mn -
10 On Semiconductor 27.78 Bn 23.91 Bn 616.30 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 1.42 Bn
Dec 31, 2024 1.21 Bn
Dec 31, 2023 438.40 Mn
Dec 31, 2022 1.60 Bn
Dec 31, 2021 1.34 Bn
Dec 31, 2020 500.70 Mn
Dec 31, 2019 -193.30 Mn
Dec 31, 2018 759.40 Mn
Dec 31, 2017 706.70 Mn
Dec 31, 2016 370.40 Mn
Dec 31, 2015 199.80 Mn
Dec 31, 2014 277.00 Mn
Dec 31, 2013 172.10 Mn
Dec 31, 2012 19.70 Mn
Dec 31, 2011 229.10 Mn
Dec 31, 2010 362.90 Mn
Dec 31, 2009 224.00 Mn