On Semiconductor (ON) Treasury Shares (2009 - 2026)
On Semiconductor (ON) reported Treasury Shares of $6.79 billion for Q2 2026, up 28.8% from $5.27 billion a year earlier and up 5.5% from the prior quarter.
On Semiconductor (ON) Treasury Shares (2009 - 2026) Analysis & Trends
At the end of FY2025, On Semiconductor posted Treasury Shares of $6.06 billion, up 30.5% from FY2024.
- Treasury Shares has increased for 16 consecutive years, with a five-year compound annual growth rate of 25.2% (FY2020 to FY2025).
- By year, Treasury Shares came in at $4.64 billion in FY2024 (+17.9%), $3.94 billion in FY2023 (+39.1%), $2.83 billion in FY2022 (+15.6%) and $2.45 billion in FY2021 (+24.4%).
- The Q2 2026 figure ranks as the highest quarterly Treasury Shares in data going back to Q4 2009.
- Year over year, Treasury Shares has now increased in each of the last 61 quarters, with growth averaging 27.2% over the last eight quarters.
- The year-over-year growth in Treasury Shares has ranged between 11.2% (Q2 2022) and 39.1% (Q4 2023) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 came in at $6.43 billion (Q1 2026), $6.06 billion (Q4 2025) and $5.6 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Treasury Shares (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn | - |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn | - |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn | - |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn | 146.00 Mn |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn | - |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn | 3.18 Mn |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn | - |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn | 1.71 Bn |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn | 1.24 Bn |
| 10 | On Semiconductor | 28.62 Bn | 16.93 Bn | 616.30 Mn | 237.67 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 237.67 Mn |
| Apr 3, 2026 | 234.35 Mn |
| Dec 31, 2025 | 228.22 Mn |
| Oct 3, 2025 | 219.41 Mn |
| Jul 4, 2025 | 213.23 Mn |
| Apr 4, 2025 | 206.25 Mn |
| Dec 31, 2024 | 199.70 Mn |
| Sep 27, 2024 | 196.66 Mn |
| Jun 28, 2024 | 193.85 Mn |
| Mar 29, 2024 | 191.66 Mn |
| Dec 31, 2023 | 189.90 Mn |
| Sep 29, 2023 | 180.88 Mn |
| Jun 30, 2023 | 179.77 Mn |
| Mar 31, 2023 | 178.43 Mn |
| Dec 31, 2022 | 176.43 Mn |
| Sep 30, 2022 | 174.36 Mn |
| Jul 1, 2022 | 173.10 Mn |
| Apr 1, 2022 | 171.53 Mn |
| Dec 31, 2021 | 170.57 Mn |
| Oct 1, 2021 | 168.91 Mn |
On Semiconductor Treasury Shares API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=treasury-shares&ticker=ON&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "treasury-shares", "ticker": "ON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=treasury-shares&ticker=ON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();