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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |