On Semiconductor (ON) Return on Capital Employed (2010 - 2026)
On Semiconductor (ON) recorded quarterly Return on Capital Employed of 5.45% in Q2 2026, up 643.67% quarter-over-quarter from 0.73% in Q4 2025, and up 6.0% on a YoY basis from 5.15% in Q2 2025.
On Semiconductor (ON) Return on Capital Employed (2010 - 2026) Analysis & Trends
On Semiconductor's Return on Capital Employed history runs 17 years deep, the most recent figure standing at 5.45% for Q2 2026.
- In Q2 2026, Return on Capital Employed rose 6.0% year-over-year to 5.45%; the TTM figure through Apr 2026 stood at 5.45% (up 6.0% YoY), while the FY2025 annual figure was 0.7%, down 1365.0% from the prior year.
- Return on Capital Employed was 5.45% for Q2 2026 at On Semiconductor, up from 0.73% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 24.99% in Q3 2023 to a low of 0.73% in Q4 2025.
- Historically, Return on Capital Employed has averaged 16.45% across 5 years, with a median of 21.66% in 2022.
- The sharpest annual moves came in 2022 and 2025: Return on Capital Employed soared 1507 bps in 2022, then plunged 1690 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 24.9% in 2022, then slipped by 8 bps to 22.94% in 2023, then slumped by 39 bps to 13.95% in 2024, then slumped by 95 bps to 0.73% in 2025, then surged by 644 bps to 5.45% in 2026.
- The last three Return on Capital Employed figures came in at 5.45% (Q2 2026), 0.73% (Q4 2025), and 2.47% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,119.49 Bn | 5,076.01 Bn | 61.16 Bn | 85.75% |
| 2 | Broadcom | 1,946.04 Bn | 1,926.41 Bn | 15.42 Bn | 21.04% |
| 3 | Micron Technology | 1,288.71 Bn | 1,274.12 Bn | 17.76 Bn | 35.36% |
| 4 | Taiwan Semiconductor Manufacturing | 1,080.21 Bn | 983.26 Bn | 23.77 Bn | 7.70% |
| 5 | Advanced Micro Devices | 879.94 Bn | 867.59 Bn | 5.42 Bn | 6.44% |
| 6 | Intel | 681.83 Bn | 662.64 Bn | 5.35 Bn | -2.78% |
| 7 | Texas Instruments | 293.38 Bn | 288.27 Bn | 2.80 Bn | 20.73% |
| 8 | Marvell Technology | 274.06 Bn | 270.21 Bn | 1.26 Bn | 6.23% |
| 9 | Qualcomm | 241.64 Bn | 231.84 Bn | 4.16 Bn | 25.06% |
| 10 | On Semiconductor | 47.99 Bn | 45.60 Bn | 583.10 Mn | 5.45% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 5.45% |
| Dec 31, 2025 | 0.73% |
| Oct 3, 2025 | 2.47% |
| Jul 4, 2025 | 3.97% |
| Apr 4, 2025 | 5.40% |
| Dec 31, 2024 | 13.95% |
| Sep 27, 2024 | 16.90% |
| Jun 28, 2024 | 19.29% |
| Mar 29, 2024 | 22.29% |
| Dec 31, 2023 | 22.94% |
| Sep 29, 2023 | 24.99% |
| Jun 30, 2023 | 23.59% |
| Mar 31, 2023 | 23.86% |
| Dec 31, 2022 | 24.90% |
| Sep 30, 2022 | 23.26% |
| Jul 1, 2022 | 24.02% |
| Apr 1, 2022 | 21.66% |
| Dec 31, 2021 | 16.64% |
| Oct 1, 2021 | 13.32% |
| Jul 2, 2021 | 9.71% |