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
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%