On Semiconductor (ON) Price to Earnings (2010 - 2026)
On Semiconductor's Price to Earnings was 56.35 in Q2 2026, up 12.8% from 49.97 a year earlier and up 32.6% from the prior quarter.
Analysis
On Semiconductor (ON) Price to Earnings (2010 - 2026) Analysis & Trends
For FY2025, Price to Earnings at On Semiconductor came in at 177.55, up 947.2% from FY2024.
- Price to Earnings has now increased for three consecutive years.
- In earlier years, Price to Earnings was 16.96 in FY2024 (+4.0%), 16.30 in FY2023 (+15.2%), 14.15 in FY2022 (-51.4%) and 29.09 in FY2021 (-49.5%).
- Quarterly Price to Earnings has moved between 11.78 (Q2 2022) and 177.55 (Q4 2025) over five years.
- Compared with a year earlier, Price to Earnings has increased for eight straight quarters, with growth averaging 198.1% over the last eight quarters.
- The best year-over-year quarter for Price to Earnings over five years was Q4 2025 (growth of 947.2%); the worst was Q1 2022 (a decline of 66.5%).
- Per Business Quant data, ON's Price to Earnings in the three quarters before Q2 2026 was 42.48 (Q1 2026), 177.55 (Q4 2025) and 62.58 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn |
| 10 | On Semiconductor | 28.62 Bn | 16.93 Bn | 616.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 56.35 |
| Apr 3, 2026 | 42.48 |
| Dec 31, 2025 | 177.55 |
| Oct 3, 2025 | 62.58 |
| Jul 4, 2025 | 49.97 |
| Apr 4, 2025 | 22.22 |
| Dec 31, 2024 | 16.96 |
| Sep 27, 2024 | 18.03 |
| Jun 28, 2024 | 15.15 |
| Mar 29, 2024 | 14.53 |
| Dec 31, 2023 | 16.30 |
| Sep 29, 2023 | 17.97 |
| Jun 30, 2023 | 20.86 |
| Mar 31, 2023 | 19.37 |
| Dec 31, 2022 | 14.15 |
| Sep 30, 2022 | 15.62 |
| Jul 1, 2022 | 11.78 |
| Apr 1, 2022 | 17.86 |
| Dec 31, 2021 | 29.09 |
| Oct 1, 2021 | 29.21 |
API Access
On Semiconductor Price to Earnings 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=price-to-earnings&ticker=ON&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=ON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();