On Semiconductor (ON) Interest Coverage Ratio (2009 - 2026)
On Semiconductor's quarterly Interest Coverage Ratio came in at 4.2 in Q2 2026, up 86.81% year-on-year from 2.25 in Q2 2025, and down 136.35% quarter-over-quarter from 11.57 in Q4 2025.
On Semiconductor has reported Interest Coverage Ratio for 18 years, with the latest figure at 4.2 in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 86.81% year-over-year to 4.2; the trailing twelve-month figure through Apr 2026 stood at 9.21 (down 10.85% YoY), and the FY2025 full-year result was 1.19, down 95.81% from the prior year.
- Interest Coverage Ratio for Q2 2026 stood at 4.2, down from 11.57 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 42.41 in Q3 2023, with the low at 31.87 in Q2 2025.
- Average Interest Coverage Ratio over 5 years is 21.08, with a median of 25.61 recorded in 2022.
- Year-over-year, Interest Coverage Ratio soared 694.89% in 2022 and sank 194.67% in 2025.
- Tracing ON's Interest Coverage Ratio over 5 years: stood at 25.61 in 2022, then surged by 51.27% to 38.74 in 2023, then plunged by 31.06% to 26.71 in 2024, then plunged by 56.69% to 11.57 in 2025, then plunged 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 | 5,449.54 Bn | 5,406.06 Bn | 61.16 Bn | 524.86 |
| 2 | Broadcom | 2,169.43 Bn | 2,155.26 Bn | 13.16 Bn | 10.69 |
| 3 | Micron Technology | 1,165.12 Bn | 1,150.53 Bn | 17.76 Bn | 504.22 |
| 4 | Advanced Micro Devices | 831.96 Bn | 819.61 Bn | 5.42 Bn | 39.89 |
| 5 | Intel | 549.93 Bn | 530.74 Bn | 5.35 Bn | - |
| 6 | Texas Instruments | 266.58 Bn | 261.48 Bn | 2.80 Bn | 12.82 |
| 7 | Qualcomm | 243.81 Bn | 234.01 Bn | 4.16 Bn | 13.50 |
| 8 | Analog Devices | 196.60 Bn | 193.16 Bn | 2.44 Bn | 15.75 |
| 9 | Marvell Technology | 188.85 Bn | 188.78 Bn | 1.26 Bn | 6.43 |
| 10 | On Semiconductor | 47.65 Bn | 45.27 Bn | 583.10 Mn | -4.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 2, 2021 | 3.77 |
| Dec 31, 2020 | 4.02 |
| Oct 2, 2020 | 2.82 |
| Jul 3, 2020 | 1.03 |
| Apr 3, 2020 | 0.44 |
| Dec 31, 2019 | 3.29 |
| Sep 27, 2019 | -1.08 |
| Jun 28, 2019 | 4.70 |
| Mar 29, 2019 | 5.66 |
| Dec 31, 2018 | 6.77 |
| Sep 28, 2018 | 7.74 |
| Jun 29, 2018 | 6.05 |
| Mar 30, 2018 | 5.90 |
| Dec 31, 2017 | 5.05 |
| Sep 29, 2017 | 5.07 |
| Jun 30, 2017 | 4.44 |
| Mar 31, 2017 | 4.77 |
| Dec 31, 2016 | 1.62 |
| Sep 30, 2016 | 1.00 |
| Jul 1, 2016 | 1.79 |
| Apr 1, 2016 | 3.74 |
| Dec 31, 2015 | 3.72 |
| Oct 2, 2015 | 4.66 |
| Jul 3, 2015 | 6.34 |
| Apr 3, 2015 | 7.43 |
| Dec 31, 2014 | 1.54 |
| Sep 26, 2014 | 6.60 |
| Jun 27, 2014 | 10.99 |
| Mar 28, 2014 | 8.73 |
| Dec 31, 2013 | 5.30 |
| Sep 27, 2013 | 7.32 |
| Jun 28, 2013 | 5.47 |
| Mar 29, 2013 | 3.73 |
| Dec 31, 2012 | -10.66 |
| Sep 28, 2012 | 3.28 |
| Jun 29, 2012 | 1.91 |
| Mar 30, 2012 | 2.78 |
| Dec 31, 2011 | 1.86 |
| Sep 30, 2011 | -0.40 |
| Jul 1, 2011 | 3.20 |
| Apr 1, 2011 | 1.84 |
| Dec 31, 2010 | 4.93 |
| Oct 1, 2010 | 7.64 |
| Jul 2, 2010 | 7.00 |
| Apr 2, 2010 | 5.13 |
| Dec 31, 2009 | 5.44 |
| Oct 2, 2009 | 3.15 |