On Semiconductor (ON) Return on Capital Employed (2010 - 2026)

On Semiconductor (ON) posted quarterly Return on Capital Employed of 5.45% for Q2 2026, up 6.0% year-over-year from 5.15% in Q2 2025, and up 643.67% on a QoQ basis from 0.73% in Q4 2025.

On Semiconductor (ON) Return on Capital Employed (2010 - 2026) Analysis & Trends

On Semiconductor (ON) has reported Return on Capital Employed for 17 consecutive years, with 5.45% the latest figure, recorded in 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 came in at 5.45% for Q2 2026 at On Semiconductor, up from 0.73% in the prior quarter.
  • The five-year high for Return on Capital Employed was 24.99% in Q3 2023, with the low at 0.73% in Q4 2025.
  • Average Return on Capital Employed over 5 years is 16.45%, with a median of 21.66% recorded in 2022.
  • Across the five-year window, Return on Capital Employed soared 1507 bps in 2022 and sank 1690 bps in 2025, its largest moves.
  • Year by year, Return on Capital Employed stood at 24.9% in 2022, then fell by 8 bps to 22.94% in 2023, then tumbled by 39 bps to 13.95% in 2024, then tumbled by 95 bps to 0.73% in 2025, then surged by 644 bps to 5.45% in 2026.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 5.45%, 0.73%, and 2.47% for Q2 2026, Q4 2025, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Nvidia 4,798.43 Bn 4,754.95 Bn 61.16 Bn 85.75%
2 Micron Technology 1,164.41 Bn 1,138.39 Bn 35.06 Bn 60.25%
3 Advanced Micro Devices 882.18 Bn 869.83 Bn 5.42 Bn 6.44%
4 Intel 645.64 Bn 626.45 Bn 5.35 Bn -2.78%
5 Aeluma 370.26 Bn 370.22 Bn 386,000.00 -11.35%
6 Arm Holdings 358.73 Bn 355.13 Bn 1.46 Bn 9.57%
7 Texas Instruments 271.25 Bn 266.15 Bn 2.80 Bn 20.73%
8 Marvell Technology 239.95 Bn 236.10 Bn 1.26 Bn 6.23%
9 Qualcomm 193.93 Bn 184.13 Bn 4.16 Bn 25.06%
10 On Semiconductor 37.29 Bn 34.91 Bn 583.10 Mn 5.45%

Historic Data

Download Data
DateValue
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%