On Semiconductor (ON) Interest Coverage Ratio (2009 - 2026)

On Semiconductor (ON) recorded quarterly Interest Coverage Ratio of 4.2 in Q2 2026, down 136.35% quarter-over-quarter from 11.57 in Q4 2025, and up 86.81% on a YoY basis from 2.25 in Q2 2025.

On Semiconductor (ON) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

On Semiconductor's Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 4.2 for Q2 2026.

  • In Q2 2026, Interest Coverage Ratio rose 86.81% year-over-year to 4.2; the TTM figure through Apr 2026 stood at 9.21 (down 10.85% YoY), while the FY2025 annual figure was 1.19, down 95.81% from the prior year.
  • Interest Coverage Ratio was 4.2 for Q2 2026 at On Semiconductor, down from 11.57 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 42.41 in Q3 2023 to a low of 31.87 in Q2 2025.
  • Historically, Interest Coverage Ratio has averaged 21.08 across 5 years, with a median of 25.61 in 2022.
  • The sharpest annual moves came in 2022 and 2025: Interest Coverage Ratio jumped 694.89% in 2022, then sank 194.67% in 2025.
  • A 5-year view of Interest Coverage Ratio shows it stood at 25.61 in 2022, then jumped by 51.27% to 38.74 in 2023, then sank by 31.06% to 26.71 in 2024, then sank by 56.69% to 11.57 in 2025, then sank by 136.35% to 4.2 in 2026.
  • The last three Interest Coverage Ratio figures came in at 4.2 (Q2 2026), 11.57 (Q4 2025), and 14.94 (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Nvidia 5,119.49 Bn 5,076.01 Bn 61.16 Bn 524.86
2 Broadcom 1,946.04 Bn 1,926.41 Bn 15.42 Bn 13.90
3 Micron Technology 1,288.71 Bn 1,274.12 Bn 17.76 Bn 504.22
4 Taiwan Semiconductor Manufacturing 1,080.21 Bn 983.26 Bn 23.77 Bn 242.55
5 Advanced Micro Devices 879.94 Bn 867.59 Bn 5.42 Bn 39.89
6 Intel 681.83 Bn 662.64 Bn 5.35 Bn -
7 Texas Instruments 293.38 Bn 288.27 Bn 2.80 Bn 12.82
8 Marvell Technology 274.06 Bn 270.21 Bn 1.26 Bn 6.43
9 Qualcomm 241.64 Bn 231.84 Bn 4.16 Bn 13.50
10 On Semiconductor 47.99 Bn 45.60 Bn 583.10 Mn -4.20

Historic Data

Download Data
DateValue
Apr 3, 2026 -4.20
Dec 31, 2025 11.57
Oct 3, 2025 14.94
Jul 4, 2025 10.80
Apr 4, 2025 -31.87
Dec 31, 2024 26.71
Sep 27, 2024 28.37
Jun 28, 2024 24.75
Mar 29, 2024 33.67
Dec 31, 2023 38.74
Sep 29, 2023 42.41
Jun 30, 2023 41.14
Mar 31, 2023 21.40
Dec 31, 2022 25.61
Sep 30, 2022 17.91
Jul 1, 2022 26.43
Apr 1, 2022 29.96
Dec 31, 2021 15.01
Oct 1, 2021 12.51
Jul 2, 2021 8.53