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| Date | Value |
|---|---|
| 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 |