profit from every $100 of sales.

ON Semiconductor
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $237.21 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What ON Semiconductor sold, what it kept, and what it did with the cash.
Sales went from $8.33 billion in 2022 to $6.00 billion in 2025, with $121 million of profit last year.
ON Semiconductor handed back 97% of the cash it generated last year.
ON Semiconductor vs. similar companies
ON Semiconductor grows the slowest of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
ON Semiconductor | 237.2× · Very expensive | ||
Nvidia | 33.4× · Expensive | ||
TSMC | 40.8× · Expensive | ||
Broadcom | 75.2× · Very expensive | ||
AMD | 221.4× · Very expensive |
AI analysis
An AI analyst reads ON Semiconductor's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 5,255 | 6,740 | 8,326 | 8,253 | 7,082 | 5,995 | |
| 1,716 | 2,714 | 4,077 | 3,884 | 3,216 | 1,984 | |
| – | – | 2,765 | 2,614 | 1,902 | 751 | |
| 970 | 1,885 | 3,009 | 3,220 | 2,543 | 888 | |
| 234 | 1,010 | 1,902 | 2,184 | 1,573 | 121 | |
| 0.56 | 2.27 | 4.24 | 4.89 | 3.63 | 0.29 | |
| 32.7% | 40.3% | 49.0% | 47.1% | 45.4% | 33.1% | |
| – | – | 33.2% | 31.7% | 26.9% | 12.5% | |
| 4.5% | 15.0% | 22.8% | 26.5% | 22.2% | 2.0% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 8,668 | 9,626 | 11,979 | 13,215 | 14,090 | 12,524 |
| Cash | 1,081 | 1,353 | 2,919 | 2,483 | 2,691 | 2,148 |
| Total debt | 3,590 | 3,258 | 3,231 | 3,360 | 3,367 | 3,005 |
| Total liabilities | 5,110 | 5,022 | 5,772 | 5,415 | 5,275 | 4,832 |
| 3,539 | 4,585 | 6,189 | 7,783 | 8,796 | 7,673 | |
| 419 | 444 | 448 | 447 | 433 | 412 | |
| 3.8% | 13.0% | 20.6% | 18.5% | 12.3% | 1.5% | |
| 6.6% | 22.0% | 30.7% | 28.1% | 17.9% | 1.6% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 884 | 1,782 | 2,633 | 1,978 | 1,906 | 1,760 | |
| 384 | 445 | 1,036 | 1,539 | 694 | 341 | |
| 501 | 1,337 | 1,597 | 438 | 1,212 | 1,419 | |
| Dividends paid | – | – | – | – | – | – |
| 65 | 0 | 260 | 564 | 654 | 1,378 | |
| 68 | 101 | 101 | 121 | 136 | 144 |
Valuation
- 237.2×
- 25.3×
- –
- 6.7×
- 4.8×
- 20.2×
- 33.3×
- 4.9%
- 0.4%
- 0.0%
Profitability
- 33.1%
- 12.5%
- 2.0%
- 20.1%
- 5.4%
- 13.4%
- 7.4%
- 4.8%
- 6.1%
- 9.3%
Growth
- +2.7%
- −12.3%
- +17.0%
- –
- −0.9%
Financial health
- 0.8×
- 0.41
- 25.0%
- 10.0×
- 4.87
- 3.14
- 0.50
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $68.50
- Range
- $62.00 – $75.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 4, 2026 | 0.64 | 0.61 | +4.4% |
| Feb 9, 2026 | 0.64 | 0.62 | +2.6% |
| Nov 3, 2025 | 0.63 | 0.59 | +6.8% |
| Aug 4, 2025 | 0.53 | 0.53 | −0.4% |
| May 5, 2025 | 0.55 | 0.50 | +9.6% |
| Feb 10, 2025 | 0.95 | 0.97 | −2.5% |
| Oct 28, 2024 | 0.99 | 0.97 | +2.1% |
| Jul 29, 2024 | 0.96 | 0.92 | +4.3% |
News
Michael Burry Doubles Down On Nasdaq 100 Puts, Adds To Semiconductor Shorts As Nvidia Faces ScrutinyYahoo Finance · Nov 12, 2026Bernstein’s Mark Li Raised His Taiwan Semiconductor Manufacturing (TSM) Target to $600. Here’s What ChangedYahoo Finance · Nov 12, 2026Stock Market Today, Nov. 11: Intel Climbs on Broader Chip Rally as AI Infrastructure Demand Lifts Semiconductor StocksYahoo Finance · Nov 11, 2026Valens Semiconductor beats top-line estimates; reaffirms FY26 outlookSeeking Alpha · Nov 11, 2026Cathie Wood buys $15.3 million of tumbling semiconductor stockYahoo Finance · Nov 11, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about ON Semiconductor
Is ON Semiconductor a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the ON Semiconductor AI analysis
What does ON Semiconductor do?
ON Semiconductor Corporation provides intelligent sensing and power solutions worldwide. It is in Semiconductors, based in Scottsdale, AZ, United States, with 22,600 employees.
Does ON Semiconductor pay a dividend?
No. ON Semiconductor does not pay a dividend at the moment; in 2025 it returned $1.38 billion to shareholders by buying back its own shares.
Is ON Semiconductor stock halal?
Yes. ON Semiconductor passes our halal screen: its business is permitted and its debt is 10% of its market value, under the 30% limit. How we check
How has ON Semiconductor stock done over the past year?
Up 49.6% over the past twelve months, to $73.73. It traded between $44.90 and $133.93 and is 44.9% below its high.
Who are ON Semiconductor's competitors?
The largest listed companies in the same industry are Nvidia, TSMC, Broadcom and AMD. The peers table on this page compares their profit, growth and price with ON Semiconductor's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.



