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| 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% |