Growth Metrics

On Semiconductor (ON) Tax Rate (2009 - 2026)

On Semiconductor's quarterly Tax Rate came in at 26.23% in Q2 2026, up 1272.0% year-on-year from 1.91% in Q2 2025, and up 61.34% quarter-over-quarter from 16.26% in Q4 2025.

On Semiconductor has reported Tax Rate for 18 years, with the latest figure at 26.23% in Q2 2026.

  • For the quarter ending Q2 2026, Tax Rate rose 1272.0% year-over-year to 26.23%; the trailing twelve-month figure through Apr 2026 stood at 11.09% (down 280.0% YoY), and the FY2025 full-year result was 5.86%, down 844.0% from the prior year.
  • Tax Rate for Q2 2026 stood at 26.23%, up from 16.26% in the prior quarter.
  • The five-year high for Tax Rate was 26.23% in Q2 2026, with the low at 6.48% in Q4 2025.
  • Average Tax Rate over 5 years is 15.78%, with a median of 15.46% recorded in 2022.
  • Year-over-year, Tax Rate slumped 1306 bps in 2023 and soared 1272 bps in 2026.
  • Tracing ON's Tax Rate over 5 years: stood at 20.83% in 2022, then slumped by 63 bps to 7.78% in 2023, then surged by 82 bps to 14.17% in 2024, then increased by 15 bps to 16.26% in 2025, then jumped by 61 bps to 26.23% in 2026.
  • The last three Tax Rate figures came in at 26.23% (Q2 2026), 16.26% (Q4 2025), and 6.48% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Nvidia 5,449.54 Bn 5,406.06 Bn 61.16 Bn 16.59
2 Broadcom 2,169.43 Bn 2,155.26 Bn 13.16 Bn 10.32
3 Micron Technology 1,165.12 Bn 1,150.53 Bn 17.76 Bn 14.67
4 Advanced Micro Devices 831.96 Bn 819.61 Bn 5.42 Bn 14.84
5 Intel 549.93 Bn 530.74 Bn 5.35 Bn -8.49
6 Texas Instruments 266.58 Bn 261.48 Bn 2.80 Bn 9.86
7 Qualcomm 243.81 Bn 234.01 Bn 4.16 Bn -230.20
8 Analog Devices 196.60 Bn 193.16 Bn 2.44 Bn 11.21
9 Marvell Technology 188.85 Bn 188.78 Bn 1.26 Bn 58.58
10 On Semiconductor 47.65 Bn 45.27 Bn 583.10 Mn 26.23

Historic Data

Download Data 🔒
DateValue
Apr 3, 2026 26.23
Apr 3, 2026 26.23
Dec 31, 2025 16.26
Dec 31, 2025 16.26
Oct 3, 2025 6.48
Oct 3, 2025 6.48
Jul 4, 2025 15.08
Jul 4, 2025 15.08
Apr 4, 2025 13.51
Apr 4, 2025 13.51
Dec 31, 2024 14.17
Dec 31, 2024 14.17
Sep 27, 2024 11.42
Sep 27, 2024 11.42
Jun 28, 2024 15.84
Jun 28, 2024 15.84
Mar 29, 2024 15.70
Mar 29, 2024 15.70
Dec 31, 2023 7.78
Dec 31, 2023 7.78
Sep 29, 2023 16.43
Sep 29, 2023 16.43
Jun 30, 2023 15.32
Jun 30, 2023 15.32
Mar 31, 2023 15.33
Mar 31, 2023 15.33
Dec 31, 2022 20.83
Dec 31, 2022 20.83
Sep 30, 2022 23.33
Sep 30, 2022 23.33
Jul 1, 2022 19.04
Jul 1, 2022 19.04
Apr 1, 2022 15.46
Apr 1, 2022 15.46
Dec 31, 2021 8.54
Dec 31, 2021 8.54
Oct 1, 2021 16.60
Oct 1, 2021 16.60
Jul 2, 2021 17.07
Jul 2, 2021 17.07
Apr 2, 2021 7.29
Apr 2, 2021 7.29
Dec 31, 2020 25.48
Dec 31, 2020 25.48
Oct 2, 2020 -106.40
Oct 2, 2020 -106.40
Jul 3, 2020 -800.00
Jul 3, 2020 -800.00
Apr 3, 2020 37.44
Apr 3, 2020 37.44
Dec 31, 2019 31.20
Dec 31, 2019 31.20
Sep 27, 2019 29.08
Sep 27, 2019 29.08
Jun 28, 2019 18.46
Jun 28, 2019 18.46
Mar 29, 2019 25.08
Mar 29, 2019 25.08
Dec 31, 2018 12.03
Dec 31, 2018 12.03
Sep 28, 2018 22.64
Sep 28, 2018 22.64
Jun 29, 2018 19.18
Jun 29, 2018 19.18
Mar 30, 2018 10.45
Mar 30, 2018 10.45
Dec 31, 2017 -338.84
Dec 31, 2017 -338.84
Sep 29, 2017 35.29
Sep 29, 2017 35.29
Jun 30, 2017 34.08
Jun 30, 2017 34.08
Mar 31, 2017 61.53
Mar 31, 2017 61.53
Dec 31, 2016 -513.74
Dec 31, 2016 -513.74
Sep 30, 2016 87.86
Sep 30, 2016 87.86
Jul 1, 2016 22.75
Jul 1, 2016 22.75
Apr 1, 2016 12.71
Apr 1, 2016 12.71
Dec 31, 2015 -35.14
Dec 31, 2015 -35.14
Oct 2, 2015 17.61
Oct 2, 2015 17.61
Jul 3, 2015 13.03
Jul 3, 2015 13.03
Apr 3, 2015 11.71
Apr 3, 2015 11.71
Dec 31, 2014 94.59
Dec 31, 2014 94.59
Sep 26, 2014 13.35
Sep 26, 2014 13.35
Jun 27, 2014 -20.53
Jun 27, 2014 -20.53
Mar 28, 2014 9.98
Mar 28, 2014 9.98
Dec 31, 2013 25.97
Dec 31, 2013 25.97
Sep 27, 2013 7.37
Sep 27, 2013 7.37
Jun 28, 2013 -5.64
Jun 28, 2013 -5.64
Mar 29, 2013 9.34
Mar 29, 2013 9.34
Dec 31, 2012 1.24
Dec 31, 2012 1.24
Sep 28, 2012 32.66
Sep 28, 2012 32.66
Jun 29, 2012 46.75
Jun 29, 2012 46.75
Mar 30, 2012 12.39
Mar 30, 2012 12.39
Dec 31, 2011 -27.59
Dec 31, 2011 -27.59
Sep 30, 2011 -54.57
Sep 30, 2011 -54.57
Jul 1, 2011 8.36
Jul 1, 2011 8.36
Apr 1, 2011 2.16
Apr 1, 2011 2.16
Dec 31, 2010 5.26
Dec 31, 2010 5.26
Oct 1, 2010 4.95
Oct 1, 2010 4.95
Jul 2, 2010 4.10
Jul 2, 2010 4.10
Apr 2, 2010 2.15
Apr 2, 2010 2.15
Dec 31, 2009 -0.42
Dec 31, 2009 -0.42
Oct 2, 2009 5.85
Oct 2, 2009 5.85