NASDAQ: ON · Semiconductors
ON Semiconductor
ON Semiconductor (brand onsemi), based in Scottsdale, Arizona, makes intelligent power and intelligent sensing semiconductors for automotive, industrial and other end-markets, including AI data centers. Its three segments are the Power Solutions Group (PSG, including silicon carbide), the Analog and Mixed-Signal Group (AMG) and the Intelligent Sensing Group (ISG, image sensors). Revenue fell for a second year to $5,995 million in 2025 (from $8,326 million in 2022) as automotive revenue dropped to $3,081 million; restructuring, about 2,400 job cuts and $268 million of excess and obsolete inventory charges cut net income to $121 million. Revenue recovered in 2026: second-quarter revenue was $1,604 million (+9%) and net income $227 million. In June 2026 onsemi agreed to acquire Synaptics, first for 1.350 onsemi shares per Synaptics share and, under an October 1, 2026 amended agreement, for $123 per share in cash. It issued $1.5 billion of 0% convertible notes due 2031 in May 2026. It pays no dividend.
Last updated
Analysis last edited: October 31, 2026 · Financial data fetched: October 31, 2026 01:58 (SEC EDGAR) · Source 10-K filed: February 9, 2026
Built on10-K FY2025 · filed 2026-02-0910-Q (quarter ended 2026-10-02) · filed 2026-11-02Proxy statement (2026)
Next update expectedAfter FY2026’s 10-K is filed (roughly 60–90 days after fiscal year end (sooner for larger filers)), financials and analysis will be refreshed.
01
At a glanceFrom SEC data
Eight headline measures, each placed among the companies covered on this site.
- Revenue growthCAGRSmooths out year-to-year swings into "grew X% a year on average." Makes growth pace comparable across companies of very different sizes.
- 2.7%
- Operating marginOperating marginHow many cents of operating profit are left per dollar of revenue. Reflects pricing power and cost structure.
- 1.4%
- ROIC minus WACCROIC − WACC spreadThe difference between ROIC and WACC. Consistently positive implies value creation; consistently negative implies value destruction.
- -11.4 pts
- Net debt ÷ EBITDAEBITDAOperating income with D&A added back. A rough proxy for cash-generating power that’s less distorted by capital intensity, depreciation method, or financing/tax differences than net income.
- 0.6x
- Cash conversionOperating CF ÷ net income (cash conversion)How much of reported profit shows up as actual cash. 1x or higher means profit is backed by cash.
- 14.54x
- Dividend raisesDividend per shareTotal annual dividend paid per share (sum of all declared payments for the year).
- —
- P/E todayP/EShare price ÷ EPS — how many years of current earnings the stock price represents. This site uses the period-end figure as reported in the filing.
- 42.3x
- Betaβ (beta)How much a stock moves, on average, for a 1% move in the overall market. Above 1 means more volatile than the market, which raises the return shareholders require. This site computes it from about 2.5 years (roughly 130 weeks) of weekly returns, built from Yahoo Finance daily prices, regressed against an S&P 500 ETF (SPY) as the market proxy, then applies the well-known long-run mean-reversion adjustment (0.67 × β + 0.33) as the WACC default.
- 1.55
Higher than 12% of 372 non-financial companies
Average yearly growth over the years shown
Higher than 7% of 311 non-financial companies
Latest fiscal year (FY2025)
Higher than 3% of 311 non-financial companies
Return on capital above (or below) its estimated cost
Higher than 28% of 304 non-financial companies
Below 0 means more cash than debt
Higher than 99% of 349 non-financial companies
Operating cash flow ÷ net income
Years the dividend per share rose, of the last 5
Latest close 2026-11-04; trailing 12 months to 2026-10-02
Above 1 = moves more than the market
Each marker shows where this company sits among the non-financial companies covered on this site, not all listed companies (left = lowest, right = highest). A high position is not automatically good — for net debt ÷ EBITDA, higher means more debt. Details and formulas are in the sections below and in How to read this.
02
Valuation todayFrom SEC data
Price-based measures at the latest close, next to the same measures at the last fiscal year-end.
Share price$73.51close on 2026-11-04
Market cap$29.16B
- P/EP/EShare price ÷ EPS — how many years of current earnings the stock price represents. This site uses the period-end figure as reported in the filing. today
- 42.3x
- P/BP/BShare price ÷ book value per share. Below 1x means the market values the company below its accounting net worth. This site uses the closing price nearest the fiscal year-end and highlights sub-1x readings. today
- 3.8x
- EV/EBITDAEV/EBITDAEnterprise value (≈ market cap + interest-bearing debt − cash) as a multiple of EBITDA — roughly, "how many years of EBITDA to buy the whole company." Lower is generally viewed as cheaper, and it’s more comparable than P/E across companies with different debt loads or depreciation policies. This site excludes noncontrolling interests from the EV calculation. today
- 38.4x
- FCF yieldFree cash flow (FCF)Operating CF minus capital expenditures — cash generated by the business after funding its own investment, available for dividends, buybacks, acquisitions, or debt paydown. Acquisitions and securities purchases (also in investing CF) are not subtracted, so FCF can be positive in a year when total investing CF exceeds operating CF. today
- 4.9%
- Dividend yieldDividend per shareTotal annual dividend paid per share (sum of all declared payments for the year). today
- —
At FY2025 year-end: 186.7x
Earnings: trailing 12 months to 2026-10-02
At FY2025 year-end: 2.8x
Book value at FY2025 year-end
At FY2025 year-end: 29.0x
EBITDA for FY2025
At FY2025 year-end: 6.6%
Free cash flow for FY2025
Dividends per share for FY2025
“Today” uses the latest closing price (2026-11-04, Yahoo Finance daily closing prices) and shares outstanding at the last fiscal year-end. The rest of this page — including the financial table and ROIC vs. WACC — uses fiscal year-end prices. These are reference figures, not a judgment of whether the stock is cheap or expensive.
03
What changed since last earningsFrom SEC data
The latest reported quarter against the same quarter a year earlier, the balance sheet against the previous quarter-end, and what management said in its latest earnings release.
Quarter ended Oct 2, 2026.
- Revenue$1.55B → $1.72B (vs. a year earlier)↑ +11.1%$1.55B → $1.72B (vs. a year earlier)
- Operating margin17.0% → 22.0% (vs. a year earlier)↑ +4.9 pts17.0% → 22.0% (vs. a year earlier)
- Net income$255M → $314M (vs. a year earlier)↑ +23.1%$255M → $314M (vs. a year earlier)
- Diluted EPS$0.63 → $0.79 (vs. a year earlier)↑ +25.4%$0.63 → $0.79 (vs. a year earlier)
- Cash$3.51B → $4.16B (vs. previous quarter-end)↑ +18.3%$3.51B → $4.16B (vs. previous quarter-end)
- Long-term debt$4.5B → $4.5B (vs. previous quarter-end)→ −0.0%$4.5B → $4.5B (vs. previous quarter-end)
Source: Form 10-Q ↗ (SEC XBRL). Long-term debt is the tagged long-term debt figure and leaves out short-term borrowings.
From the earnings release of Nov 2, 2026.
Key changes
Q3 revenue $1,722M, up 11%. Source sentence
Revenue of $1,722 million, increased 11% year-over-year
GAAP operating margin 22.0%. Source sentence
GAAP operating margin of 22.0% and non-GAAP operating margin 23.2%
Free cash flow $489M, up 31%. Source sentence
Free cash flow of $489 million, grew 31% year-over-year to 28% of revenue
Revised Synaptics deal to about $5.7B in cash. Source sentence
Announced revised terms for planned acquisition of Synaptics , for approximately $5.7 billion in cash compared to $7 billion in stock for the prior agreement, which should
Written by AI. A line appears only if its figures and direction match the quoted sentence, which an automatic check confirms. Companies' outlooks are their own and may not be met. Read the release ↗
04
Company profileFrom SEC dataShow
- Legal name
- ON SEMICONDUCTOR CORP
- Headquarters
- SCOTTSDALE, AZ
- Incorporated in
- Delaware
- Fiscal year end
- 12/31
- Exchange & ticker
- NASDAQ: ON
- Industry
- Semiconductors
- CIK
- 1097864
- Website
- https://www.onsemi.com/ ↗
Workforce (as of FY2025 year-end)
Employees
22,600
Source: Form 10-K (FY2025) cover page and business description
05
Earnings calendarFrom SEC dataShow
When the company reports each quarter: the quarter-end date, the day results were released, and when the 10-Q or 10-K was filed.
Next report
Q4 FY2026
Quarter end: December 2026. In past years, Q4 results were released 36–41 days after quarter end (Feb 9, 2026; Feb 10, 2025; Feb 5, 2024). No date has been announced in the sources this site uses.
Reporting pattern
- Fiscal year ends around December 31.
- Reports four times a year: three quarterly reports (10-Q) and an annual report (10-K) for Q4.
- Earnings releases came 31–41 days after quarter end over the last 12 quarters.
| Quarter | Quarter ended | Earnings release (8-K) | Report filed (10-Q / 10-K) |
|---|---|---|---|
| Q3 FY2026 | Oct 2, 2026 | Nov 2, 2026 (+31 days) | Nov 2, 2026 10-Q (+31 days) |
| Q2 FY2026 | Jul 3, 2026 | Aug 3, 2026 (+31 days) | Aug 3, 2026 10-Q (+31 days) |
| Q1 FY2026 | Apr 3, 2026 | May 4, 2026 (+31 days) | May 4, 2026 10-Q (+31 days) |
| Q4 FY2025 | Dec 31, 2025 | Feb 9, 2026 (+40 days) | Feb 9, 2026 10-K (+40 days) |
| Q3 FY2025 | Oct 3, 2025 | Nov 3, 2025 (+31 days) | Nov 3, 2025 10-Q (+31 days) |
| Q2 FY2025 | Jul 4, 2025 | Aug 4, 2025 (+31 days) | Aug 4, 2025 10-Q (+31 days) |
| Q1 FY2025 | Apr 4, 2025 | May 5, 2025 (+31 days) | May 5, 2025 10-Q (+31 days) |
| Q4 FY2024 | Dec 31, 2024 | Feb 10, 2025 (+41 days) | Feb 10, 2025 10-K (+41 days) |
| Q3 FY2024 | Sep 27, 2024 | Oct 28, 2024 (+31 days) | Oct 28, 2024 10-Q (+31 days) |
| Q2 FY2024 | Jun 28, 2024 | Jul 29, 2024 (+31 days) | Jul 29, 2024 10-Q (+31 days) |
| Q1 FY2024 | Mar 29, 2024 | Apr 29, 2024 (+31 days) | Apr 29, 2024 10-Q (+31 days) |
| Q4 FY2023 | Dec 31, 2023 | Feb 5, 2024 (+36 days) | Feb 5, 2024 10-K (+36 days) |
Source: SEC EDGAR filing history. Release dates are the dates the earnings release was furnished to the SEC on Form 8-K (Item 2.02), which is normally the day results are announced. For a quarter whose 10-Q or 10-K isn’t filed yet, the date is the latest Item 2.02 8-K since the previous report, which may be a preliminary or other results-related update. Fiscal years are labeled by the calendar year in which they end.
06
Flagship products & servicesSite analysis
PSG
Power solutions
Silicon carbide and silicon power devices for EV drivetrains, fast charging, energy infrastructure and AI data centers.
AMG
Analog and mixed-signal
Power management, sensor interfaces and other analog and mixed-signal ICs.
ISG
Intelligent sensing
CMOS image sensors for automotive safety (ADAS) and industrial machine vision.
From the Form 10-K, FY2025.
U.S. and worldwide share of flagship products/services
The 10-K says ISG holds market-leading positions in automotive and industrial image sensing but gives no market-share figures.
Reviewed: Form 10-K (FY2025) · Form 10-Q (quarter ended 2026-07-03)
07
Recent strategic focusSite analysis
Recent developments.
Second quarter 2026
Revenue $1,604M versus $1,469M; net income attributable $227M versus $170M; diluted EPS $0.56.
Source: Form 10-Q (quarter ended 2026-07-03)
Convertible notes
Issued $1.5B of 0% convertible senior notes due 2031 in May 2026 with convertible note hedges.
Source: Form 8-K (2026-05-12) — Item 1.01 $1.5B 0% convertible notes due 2031
Class action dismissed
On July 23, 2026 the court dismissed the SiC securities class action with prejudice.
Source: Form 10-Q (quarter ended 2026-07-03)
Capex ÷ D&A (FY2025)
0.50x
Below depreciation — investment is being pared back
formulacapital expenditures ÷ depreciation & amortization
e.g.$341M ÷ $686M = 0.50x
termsCapital expenditures (capex) · Depreciation & amortization (D&A)
R&D-to-revenue ratio (FY2025)
9.7%
formularesearch & development expense ÷ revenue × 100
e.g.$584M ÷ $5,995M × 100 = 9.7%
M&A spend (6-year total)
$381M
Latest year: $125M
Cash-flow-statement spending on acquisitions, net of cash acquired
Where the money goes, over time
Unit: $M. Capex went from $384M in FY2020 to $341M in FY2025
- Capex
- R&D
- M&A spend
formulacapital expenditures ÷ depreciation & amortization
termsCapital expenditures (capex) · Depreciation & amortization (D&A)
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-09
08
Key figures at a glanceFrom SEC data
FY2020–FY2025, 6 years.
Revenue (FY2025)
$6B
As reported in the 10-K
Revenue CAGR (5 years)
+2.7%
formula(last-period revenue ÷ first-period revenue) ^ (1 ÷ years) − 1
e.g.($5,995M ÷ $5,255M) ^ (1÷5) − 1 = 2.7%
termsCAGR · ^ (exponent) · Revenue (net sales)
Operating margin (FY2025)
1.4%▼caution
-5.2pt vs. 5 years ago
formulaoperating income ÷ revenue × 100
e.g.$84M ÷ $5,995M × 100 = 1.4%
ROE (FY2025)
1.5%▼caution
6-year average: 19.7%
As reported in the 10-K
P/B (FY2025 end)
2.80x
formulafiscal year-end closing price ÷ book value per share
e.g.$54.15 ÷ $19.34 = 2.80x
Period-end (fiscal year-end) value, not today's P/B
EV/EBITDA (FY2025 end)
29.0x
formula(market cap + interest-bearing debt − cash and equivalents) ÷ (operating income + depreciation & amortization)
e.g.($21,484M + $2,981M − $2,148M) ÷ ($84M + $686M) = 29.0x
termsEV/EBITDA · Market capitalization · Interest-bearing debt · EBITDA · Depreciation & amortization (D&A)
Period-end (fiscal year-end) value, not today's multiple
- ―
Revenue grew +2.7% a year over 5 years (modest growth)
From $5.26B in FY2020 to $6B in FY2025. The annualized rate (CAGR) makes it possible to compare growth pace across companies of different sizes.
- ▼
Operating margin declined: 6.6% → 1.4%
How much operating profit is left per $100 of revenue. It moved -5.2 points over 5 years — pricing power, cost control, and product mix all show up here.
- ▲
Equity ratio is 61.3% (a high level of financial stability)
The share of total assets funded by equity rather than debt. 50%+ is often read as low bankruptcy risk, though the right level varies by industry (real estate and leasing run lower, for instance).
- ▲
Free cash flow was positive in 6 of 6 years
Operating cash flow minus capital expenditures: the cash left over after funding the business’s own investment, available for dividends, buybacks, acquisitions, or debt paydown. A negative year can mean heavy investment, or weak core earnings — worth distinguishing.
- ▲
ROE averaged 19.7% over 6 years (latest: 1.5%)
How much profit was generated on shareholders’ equity. Roughly 10%+ is often cited as solid for a U.S. company, though this varies a lot by industry and capital intensity.
09
Business modelSite analysis
Business Model Canvas
The whole company in nine blocks. Left side: how it delivers (partners, activities, resources, costs). Right side: who it serves and how it earns. Every entry comes from the company’s filings shown on this page.
08 · who helps
Key partners
- Synaptics
07 · what it does
Key activities
- Power semiconductors incl. silicon carbide (PSG)
- Analog and mixed-signal ICs (AMG)
- Image sensors for automotive and industrial (ISG)
06 · what it draws on
Key resources
- About 22,600 full-time employees in 33 countries (Dec 31, 2025)
- Own wafer fabs, including silicon carbide manufacturing
- Intellectual property in power, analog and CMOS image sensors
02 · why customers buy
Value propositions
- Power, analog and image sensor chips for automotive and industrial.
04 · how it keeps them
Customer relationships
- Orders booked up to 52 weeks ahead; long-term supply agreements.
03 · how it reaches them
Channels
- Distributors (about 54% of 2025 revenue) and direct sales to OEMs.
01 · who it serves
Customer segments
- Automotive OEMs and suppliers
- Industrial customers
- Distributors
- Computing, AI data center and other customers
09 · where money goes
Cost structure
FY2025, share of revenue ($6B)
- Cost of revenue66.9%
- Research & development9.7%
- Selling, general & administrative5.8%
- Other operating costs16.1%
Operating profit left: 1.4% of revenue. Depreciation & amortization (inside the costs above): $686M. Capital spending: $341M.
Source: Form 10-K income statement and cash-flow statement (SEC XBRL).
05 · how money comes in
Revenue streams
- Product sales
Value propositions, channels and customer relationships: Form 10-K (FY2025)
Designs and manufactures power, analog/mixed-signal and image-sensor chips in its own fabs and sells them to OEMs directly and through distributors, partly under long-term supply agreements.
01 what it draws on
Inputs & resources
- About 22,600 full-time employees in 33 countries (Dec 31, 2025)
- Own wafer fabs, including silicon carbide manufacturing
- Intellectual property in power, analog and CMOS image sensors
02 what it does
Activities
- Power semiconductors incl. silicon carbide (PSG)
- Analog and mixed-signal ICs (AMG)
- Image sensors for automotive and industrial (ISG)
03 who it serves
Customers
- Automotive OEMs and suppliers
- Industrial customers
- Distributors
- Computing, AI data center and other customers
04 how money comes in
How it earns
- Product sales
How the business makes money
- Automotive was 51% of 2025 revenue.
- One distributor accounted for about 11% of 2025 revenue.
- Pending acquisition of Synaptics for $123 per share in cash.
Government & regulation around the business
Non-market factors from the company’s filings: what governments and regulators fund, buy, set, approve or restrict, and which part of the flow above each one touches.
onsemi competes with subsidized rivals and is subject to trade and chemical rules.
Government funding & tax credits
Subsidized competitors
Some competitors may receive government subsidies or incentives that give them an advantage.
Constrains the businessTouches: CustomersSource: Form 10-K (FY2025)
Trade & export rules
Trade controls
Subject to tariffs, sanctions, export controls and technology transfer restrictions.
Constrains the businessTouches: Customers · How it earnsSource: Form 10-K (FY2025)
Environmental rules
PFAS rules
Jurisdictions regulate or may regulate PFAS used in some products and manufacturing.
Constrains the businessTouches: Inputs & resourcesSource: Form 10-K (FY2025)
Revenue by segment (2025)
Unit: $M — bar length = revenue, (%) = share of total company revenue
Power Solutions Group (PSG)
2,805.1 (47%)Analog and Mixed-Signal Group (AMG)
2,261.9 (38%)Intelligent Sensing Group (ISG)
928.4 (15%)
Source: Form 10-K (FY2025) Total $5,995.4M. By end-market: Automotive $3,080.8M, Industrial $1,674.8M, Other (computing incl. AI data center, consumer, networking, communications) $1,239.8M.
10
Where it earnsSite analysis
Many U.S.-listed companies earn most of their revenue outside the U.S. — this breaks down revenue by country/region so it's clear where the business actually makes its money.
Largest market (FY2025)
Hong Kong — 27% of revenue
Revenue by country / region (FY2025)
Unit: $M — bar length = revenue, (%) = share of total company revenue
Hong Kong
1,634.8 (27%)United Kingdom
1,347 (22%)Singapore
1,252.4 (21%)United States
1,230.6 (21%)Other
530.6 (9%)
Source: Form 10-K (FY2025) — MD&A revenue by geographic location Total $5,995.4M; locations reflect where sales are billed, largely to distributors and manufacturers.
11
Contract structureSite analysisShow
Short-term or spot sales carry different earnings quality than long-term or auto-renewing contracts — this shows how the company actually contracts with its customers.
12
Alliances & capital tiesSite analysisShow
Equity stakes, joint ventures, and strategic partnerships disclosed across the 10-K, 8-Ks, and proxy statement.
Pending or recent acquisition
Synaptics
Agreement of June 25, 2026 to acquire Synaptics for 1.350 onsemi shares per share; amended October 1, 2026 to $123 per share in cash. The agreement may be terminated if not completed by June 25, 2027 (extendable).
Source: Form 8-K (2026-10-01) — Item 1.01 Amended merger agreement with Synaptics
13
Customers & suppliersSite analysis
Who the company sells to and buys from. Companies rarely name either, so named counterparties come only from the company's own filings and press releases; otherwise this lists the concentration figures the 10-K discloses.
Customers
Automotive, industrial and computing customers, largely through distributors.
Named by the company
One distributor accounted for about 11% (2025) and 10% (2024) of revenue.
Suppliers
Wafers, silicon carbide substrates, chemicals, gases and outsourced manufacturing.
Named by the company
No supplier is named as material.
14
Competitors & peersSite analysis
Competitors the 10-K names, and the peer group the company itself chose in its proxy statement. Nothing here is this site's own pick.
The 10-K names competitors for each segment.
Competitors named in the 10-K
Power Solutions (PSG)
Analog and Mixed-Signal (AMG)
- Texas Instrumentssite ↗
- Analog Devicessite ↗
- Infineon Technologiessite ↗
- STMicroelectronicssite ↗
- Renesas Electronicssite ↗
- Monolithic Power Systemssite ↗
- NXP Semiconductorssite ↗
Peer group the company chose
TSR performance peer companies, from the proxy statement. Peers are companies the board considers comparable — for example when setting executive pay — not necessarily direct competitors.
Mix of PHLX Semiconductor index and other peers for relative TSR awards (2026 proxy); Wolfspeed excluded for 2025.
- Ambarellasite ↗
- MaxLinearsite ↗
- ROHM Semiconductorsite ↗
- ams OSRAMsite ↗
- Melexissite ↗
- Semtechsite ↗
- Analog Devicessite ↗
- Microchip Technologysite ↗
- Sensata Technologiessite ↗
- Broadcomsite ↗
- MKS Instrumentssite ↗
- Silicon Laboratoriessite ↗
- Cirrus Logicsite ↗
- Monolithic Power Systemssite ↗
- Skyworks Solutionssite ↗
- Diodes Incorporatedsite ↗
- Murata Manufacturingsite ↗
- STMicroelectronicssite ↗
- Infineon Technologiessite ↗
- NXP Semiconductorssite ↗
- Synapticssite ↗
- Knowlessite ↗
- Parade Technologiessite ↗
- Texas Instrumentssite ↗
- Lattice Semiconductorsite ↗
- Power Integrationssite ↗
- Vishay Intertechnologysite ↗
- Littelfusesite ↗
- Qorvosite ↗
- MACOM Technology Solutionssite ↗
- Realtek Semiconductorsite ↗
- Marvell Technologysite ↗
- Renesas Electronicssite ↗
Company names link to this site’s analysis where one exists; “site ↗” opens the company’s own website.
15
Six years of financialsFrom SEC data
Each chart's axis holds a single unit (never mixing dollars, %, and $/share). The table's per-period header links to the filing the numbers came from.
Revenue over time
Unit: $M
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-09
Profit over time (operating → net)
Unit: $M
- Operating income
- Pretax income
- Net income
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-09
Margins over time
Unit: %
- Operating margin
- Net margin
formulaoperating income ÷ revenue × 100
formulanet income attributable to the company ÷ revenue × 100
Cash flow over time
Unit: $M (below zero = cash went out)
- Operating CF
- Investing CF
- Free CF
formulacash flow from operations − capital expenditures
termsFree cash flow (FCF) · Cash flow from operations (operating CF) · Capital expenditures (capex)
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-09
Financial stability & capital efficiency
Unit: %
- Equity ratio
- ROE
formulatotal equity ÷ total assets × 100 (as reported in the 10-K)
termsStockholders’ equity · Total assets
formulanet income ÷ average equity (beginning + ending, ÷2) × 100 (as reported in the 10-K)
termsNet income (attributable to the company) · Stockholders’ equity
Earnings per share (EPS) and dividend per share
Unit: $
- EPS
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-09
| Line item | FY202010-K on EDGAR ↗ | FY202110-K on EDGAR ↗ | FY202210-K on EDGAR ↗ | FY202310-K on EDGAR ↗ | FY202410-K on EDGAR ↗ | FY202510-K on EDGAR ↗ |
|---|---|---|---|---|---|---|
| Income statement ($M) | ||||||
| Revenue | 5,255 | 6,740 | 8,326 | 8,253 | 7,082 | 5,995 |
| Operating income | 349 | 1,288 | 2,360 | 2,539 | 1,768 | 84 |
| Pretax income | 177 | 1,158 | 2,362 | 2,536 | 1,837 | 131 |
| Net income (attributable) | 234 | 1,010 | 1,902 | 2,184 | 1,573 | 121 |
| Revenue growthcalc(this year’s revenue − last year’s revenue) ÷ last year’s revenue × 100 | — | 28.3% | 23.5% | -0.9% | -14.2% | -15.3% |
| Operating margincalcoperating income ÷ revenue × 100 | 6.6% | 19.1% | 28.3% | 30.8% | 25.0% | 1.4% |
| Net margincalcnet income attributable to the company ÷ revenue × 100 | 4.5% | 15.0% | 22.8% | 26.5% | 22.2% | 2.0% |
| Balance sheet ($M) | ||||||
| Total assets | 8,668 | 9,626 | 11,979 | 13,215 | 14,090 | 12,524 |
| Total equity | 3,558 | 4,604 | 6,207 | 7,801 | 8,815 | 7,692 |
| Interest-bearing debtSum of short- and long-term borrowings, notes/bonds payable | 3,590 | 3,258 | 3,228 | 3,380 | 3,346 | 2,981 |
| Equity ratio | 40.8% | 47.6% | 51.7% | 58.9% | 62.4% | 61.3% |
| ROE | 6.6% | 24.9% | 35.3% | 31.3% | 19.0% | 1.5% |
| Cash flow ($M) | ||||||
| Operating CF | 884 | 1,782 | 2,633 | 1,978 | 1,906 | 1,760 |
| Investing CF | -454 | -915 | -705 | -1,738 | -1,010 | -538 |
| Financing CF | -244 | -569 | -370 | -686 | -684 | -1,764 |
| Free cash flowcalccash flow from operations − capital expenditures | 501 | 1,337 | 1,597 | 438 | 1,212 | 1,419 |
| Cash and equivalents | 1,081 | 1,353 | 2,919 | 2,483 | 2,691 | 2,148 |
| Per share & other | ||||||
| EPS ($) | 0.56 | 2.27 | 4.25 | 4.89 | 3.63 | 0.29 |
| BVPS ($) | 8.59 | 10.60 | 14.33 | 18.25 | 20.80 | 19.34 |
| P/E (x) | 58.5 | 29.9 | 14.7 | 17.1 | 17.4 | 186.7 |
| EV/EBITDA (x)calc(market cap + interest-bearing debt − cash and equivalents) ÷ (operating income + depreciation & amortization) | 16.4 | 16.6 | 9.4 | 11.6 | 11.3 | 29.0 |
| P/B (x)calcfiscal year-end closing price ÷ book value per share | 3.81 | 6.41 | 4.35 | 4.58 | 3.03 | 2.80 |
P/B and EV/EBITDA use each period’s period-end (fiscal year-end) figures, not the current share price. Figures without a "calc" tag are as reported in the Form 10-K (the consolidated financial statements and, for older years, earlier 10-Ks), pulled automatically from SEC EDGAR. Where a later filing restated a prior period, the restated figure is used.
Last 8 quarters
Three-month figures from 10-Q filings. Change is versus the same quarter a year earlier. Newest quarter on top.
| Quarter ended | Revenue | Operating income | Net income | Diluted EPS |
|---|---|---|---|---|
| 2026-10-02 | $1.72B+11.1% | $378M+43.1% | $314M+23.1% | $0.79 |
| 2026-07-03 | $1.6B+9.2% | $259M+33.7% | $227M+33.2% | $0.56 |
| 2026-04-03 | $1.51B+4.7% | −$53M | −$33M | $-0.08 |
| 2025-12-31 † | $1.53B-11.2% | $200M-51.0% | $182M-52.1% | — |
| 2025-10-03 | $1.55B | $264M | $255M | $0.63 |
| 2025-07-04 | $1.47B | $193M | $170M | $0.41 |
| 2025-04-04 | $1.45B | −$574M | −$486M | $-1.15 |
| 2024-12-31 † | $1.72B | $409M | $380M | — |
† Fourth quarter = the 10-K’s annual figure minus the first three quarters; quarterly EPS isn’t derived this way because share counts change during the year.
16
Is ROIC above WACC?From SEC data
ROIC (the return on money invested in the business) above WACC (the cost of raising that money) means the company is creating value. WACC is an estimate, so its assumptions can be adjusted below.
ROIC (FY2025)
0.6%
formulaoperating income × (1 − tax rate) ÷ invested capital × 100 *invested capital = interest-bearing debt + total equity (average of beginning/ending)
e.g.$84M × (1 − 14%) ÷ $11,416M × 100 = 0.6%
termsOperating income · Effective tax rate · Invested capital · Interest-bearing debt · Total equity
WACC (this site’s estimate)
12.08%
formulacost of equity × equity weight + cost of debt × (1 − tax rate) × debt weight
e.g.Equity weight: $21.48B ÷ ($21.48B + $2.98B) = 87.8%
e.g.Debt weight: $2.98B ÷ ($21.48B + $2.98B) = 12.2%
e.g.WACC: 13.5% × 87.8% + 2.4% × (1 − 14%) × 12.2% = 12.08%
termsCost of equity · Equity weight (E/(D+E)) · Cost of debt · (1 − tax rate) · Debt weight (D/(D+E)) · Market capitalization
How firm is this? With the equity risk premium ±1 point and beta ±0.2, WACC runs 9.9%–14.6% and ROIC − WACC runs −14.0 to −9.3 points. The sign holds across this range. This describes the latest year and does not predict future value creation.
WACC 12.08% is this site’s estimate under the assumptions below (not a figure the company has published)
- Risk-free rate
- 4.95% (10-year Treasury, 2026-11-03)
- β
- 1.55 (price-derived adjusted beta)
- Equity risk premium
- 5.5%
- Cost of equity
- 13.48%
- Cost of debt
- 2.38%
- Tax rate
- 14% (effective rate, FY2023–FY2025)
- Capital structure (equity : debt)
- 88% : 12%
ROIC over time, vs. WACC
Unit: % — bars = each period's ROIC, horizontal line = latest WACC. Bars above the line are green, below are red
- ROIC (above WACC)
- ROIC (below WACC)
- WACC 12.08%
formulaoperating income × (1 − tax rate) ÷ invested capital × 100 *invested capital = interest-bearing debt + total equity (average of beginning/ending)
termsOperating income · Effective tax rate · Invested capital · Interest-bearing debt · Total equity
formulacost of equity × equity weight + cost of debt × (1 − tax rate) × debt weight
termsCost of equity · Equity weight (E/(D+E)) · Cost of debt · (1 − tax rate) · Debt weight (D/(D+E)) · Market capitalization
Try different WACC assumptions
β and the equity risk premium are estimates with a real range of plausible values — move the sliders to check whether ROIC > WACC still holds. The risk-free rate starts at the 10-year Treasury yield on 2026-11-03 (U.S. Treasury).
Initial β: 1.55 (price-derived adjusted beta. Raw β 1.82, R² 0.28, 130 weeks)
formula0.67 × β + 0.33 (β = the slope of weekly stock returns regressed on weekly market returns)
e.g.0.67 × 1.819 + 0.33 = 1.548
termsβ (beta)
Period 2024-05-10–2026-11-04, using S&P 500 ETF (SPY) as the market proxy. Source: Yahoo Finance price history.
formularisk-free rate + β × equity risk premium
e.g.5.0% + 1.55 × 5.5% = 13.5%
termsCAPM · Risk-free rate · β (beta) · Equity risk premium (market risk premium)
formulafiscal year-end closing price × shares outstanding (= market cap)
formulainterest expense ÷ interest-bearing debt × 100 (clamped to 0–10%; falls back to the risk-free rate if there’s no debt)
17
What the price implies (DCF)From SEC data
A company's value can be written as its free cash flow divided by (cost of capital − perpetual growth). Working that backwards from the market's valuation shows how much growth the share price assumed — compared here with the company's actual past growth.
Growth the price implies (price on 2026-11-04)
7.3%
Perpetual FCF growth: g = r − FCF ÷ EV = 12.1% − 4.8%
Past FCF growth (FY2020–FY2025)
+23.2%
Compound annual rate, 5 years
Past revenue growth (FY2020–FY2025)
+2.7%
Compound annual rate, 5 years
Inputs (FY2025): free cash flow $1.42B (operating CF − capex); enterprise value $29.6B = market cap $29.16B (latest close, 2026-11-04) + debt $2.98B − cash and short-term investments $2.55B; r = WACC of 12.1% using this page’s default assumptions (β 1.55, risk-free 5.0%, market premium 5.5%).
Three WACC scenarios
The same calculation under cautious, base and optimistic cost-of-capital assumptions (risk-free rate fixed at the 10-year Treasury yield). Pick one to load it into the sliders below.
Try your own assumptions
V = FCF ÷ (r − g). It starts at the implied growth rate, where the theoretical value equals today’s enterprise value.
Theoretical enterprise value
$29.55B
FCF $1.42B ÷ (12.1% − 7.3%)
Theoretical ÷ actual enterprise value
1.00x
Below 1x: these assumptions value the business below the market did
How sensitive the answer is
Theoretical ÷ actual enterprise value for each combination of r and g.
| g \ r | 10.1% | 11.1% | 12.1% | 13.1% | 14.1% |
|---|---|---|---|---|---|
| 0% | 0.47x | 0.43x | 0.40x | 0.37x | 0.34x |
| 2% | 0.59x | 0.53x | 0.47x | 0.43x | 0.40x |
| 4% | 0.79x | 0.68x | 0.59x | 0.53x | 0.47x |
| 6% | 1.17x | 0.94x | 0.79x | 0.68x | 0.59x |
| 8% | 2.28x | 1.55x | 1.17x | 0.94x | 0.79x |
A simplified model for seeing what the market price assumes, not a forecast or a target price. It treats free cash flow as growing at one constant rate forever; the result swings widely with small changes in r and g, and is undefined when g reaches r. Free cash flow here is operating cash flow minus capex, which is after interest — a full DCF of enterprise value would use cash flow before interest. Market cap uses the latest close (2026-11-04) × shares at fiscal year-end; free cash flow and WACC inputs are from the latest fiscal year.
18
Earnings qualityFrom SEC dataShow
The same reported profit can mean different things depending on whether it's backed by cash, driven by the core business, or the result of a one-off item. Four checks below.
- ✓
Operating CF ÷ net income: averages 3.93x
Profit is backed by cash coming in.
- ✓
Accrual ratio (latest): -12.3%
A small share of profit rests on accounting estimates.
- !
Core-earnings share (operating income ÷ pretax income): 64%
Non-operating items (interest income, equity-method gains, other income/expense) are having a bigger effect.
- !
Days sales outstanding: 47 → 63 days
Receivables are growing faster than revenue — worth checking for looser collection terms or channel stuffing.
Operating CF vs. net income
Unit: $M — operating CF above net income means profit is backed by cash
- Operating CF
- Net income
formulacash flow from operations ÷ net income attributable to the company
termsCash flow from operations (operating CF) · Net income (attributable to the company)
formula(net income − operating CF) ÷ average total assets × 100
termsNet income (attributable to the company) · Cash flow from operations (operating CF) · Total assets
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-09
Profit bridge (FY2025)
Unit: $M — what moved profit from operating income to net income
- Profit (each stage)
- Pushed profit up
- Pushed profit down
formulaoperating income ÷ income before income taxes × 100
termsOperating income · Income before income taxes (pretax income)
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-09
Receivables & inventory days
Unit: days — days grow when receivables or inventory build up faster than sales
- Days sales outstanding
- Days inventory outstanding
formulaaverage receivables (opening + closing ÷ 2) ÷ revenue × 365
formulaaverage inventory (opening + closing ÷ 2) ÷ cost of revenue × 365
termsInventory · Cost of revenue (COGS)
Worked examples (latest period)
formulacash flow from operations ÷ net income attributable to the company
e.g.$1,760M ÷ $121M = 14.54x
termsCash flow from operations (operating CF) · Net income (attributable to the company)
formulaoperating income ÷ income before income taxes × 100
e.g.$84M ÷ $131M × 100 = 64%
termsOperating income · Income before income taxes (pretax income)
formulaaverage receivables (opening + closing ÷ 2) ÷ revenue × 365
e.g.($1,160M + $908M) ÷ 2 ÷ $5,995M × 365 = 63 days
formulaaverage inventory (opening + closing ÷ 2) ÷ cost of revenue × 365
e.g.($2,242M + $1,990M) ÷ 2 ÷ $4,012M × 365 = 193 days
termsInventory · Cost of revenue (COGS)
19
Who holds the sharesFrom SEC dataShow
How much of the stock large institutional investors report owning on SEC Form 13F, how much the directors and executive officers hold (and how much of the vote they control), and roughly how much is left for individual investors. Shown next to beta so the holder mix can be read alongside how much the stock swings.
Institutions, insiders and everyone else, 13F holdings as of 2026-06-30
“Everyone else” is what remains after shares reported on Form 13F and shares held by directors and executive officers: mostly individual investors, plus non-insider families or foundations and smaller or foreign institutions. The figures have different dates and 13F reports count some shares twice — read it as an approximate split.
- Held by 13F filers
- 100%+
- Directors & officers (shares)
- <1%
- Everyone else (est.)
- ≈0%
- Directors & officers (voting power)
- <1%
- Institutional-ownership rank
- 29 of 416
- Beta (adjusted)
- 1.55
Reported total 103.7%
individuals and other non-13F holders
no separate voting figure; shown as shares
1 = most institutional; 7% of covered companies have more
above 1 = swings more than the market
- 403.8M shares reported by 997 13F filers ÷ 389.3M shares outstanding on 2026-07-29. Option positions are excluded.
- The 13F total exceeds shares outstanding because some shares are reported twice — for example shares lent to short sellers and then bought by another manager, or holdings that overlapping managers both report.
- Directors and executive officers as a group, from the proxy statement’s beneficial-ownership table; includes shares they can acquire within 60 days.
- A large “everyone else” share can still reflect a family, trust or foundation stake held outside the board; check the proxy statement’s 5% holders.
Sources: SEC Form 13F data set (holdings as of 2026-06-30) · Form DEF 14A filed 2026-04-02 (beneficial ownership table) · Form 10-Q cover page (shares outstanding as of 2026-07-29)
20
Strengths & weaknessesSite analysis
Strengths
1. Automotive and industrial focus
Automotive and industrial were 79% of 2025 revenue, with long-term supply agreements.
Evidence: Form 10-K (FY2025)
2. Positive cash flow in a downturn
Operating cash flow was $1,760M in 2025 even as revenue fell 15%.
Evidence: Form 10-K (FY2025)
3. Market-leading image sensors
The 10-K says ISG has market-leading positions in automotive and industrial applications.
Evidence: Form 10-K (FY2025)
Weaknesses
1. Revenue decline
Revenue fell from $8,326M (2022) to $5,995M (2025); automotive from $4,320M (2023) to $3,081M.
Evidence: Form 10-K (FY2025)
2. Low 2025 profit
Operating income was $84M in 2025 after restructuring and $268M of inventory charges.
Evidence: Form 10-K (FY2025)
3. Distributor concentration
One distributor accounted for about 11% of 2025 revenue.
Evidence: Form 10-K (FY2025)
21
What draws investors to itSite analysis
Why the stock can look attractive to investors — each point paired with what has to hold for it to stay true, and the opposing view. This is this site's analysis, not a recommendation to buy or sell.
P/E (FY2025)
186.7x
Price at fiscal year-end ÷ diluted EPS
Dividend yield (FY2025)
—
Dividends per share ÷ fiscal year-end price
Payout ratio (FY2025)
—
Dividends per share ÷ diluted EPS
FCF yield (FY2025)
6.6%
(Operating CF − capex) ÷ market cap
1. Cyclical recovery
Revenue started growing again in 2026 after a two-year decline.
- What has to hold
- Automotive and industrial demand recovers.
- The other side
- Inventory and price pressure.
Evidence: Form 10-Q (quarter ended 2026-07-03)
2. Share repurchases
Shares outstanding fell from 432M (2022) to 397M (2025).
- What has to hold
- Cash flow funds buybacks.
- The other side
- Cash Synaptics deal and convertible debt.
Evidence: Form 10-K (FY2025)
No dividend. 2025 net income was depressed by restructuring, impairment and inventory charges.
22
ResilienceSite analysisShow
How well the company could absorb a bad year: its financial buffer, how its revenue and profit held up in the worst year on record, and what the 10-K says about the business's exposure to shocks. Figures and filing statements only — no overall rating.
1. Financial buffer (FY2025)
Cash & short-term investments ÷ debt due within a year
—
$2.55B vs. —
Interest coverage (operating income ÷ interest expense)
1.2x
$84M vs. $71M
Free cash flow ÷ dividends paid
—
2. Worst year in the record, and the recovery
| Figure | Worst year-over-year change | Back to the prior level? |
|---|---|---|
| Revenue | -15.3% in FY2025 ($7.08B → $6B) | Not yet, as of FY2025 |
| Operating income | -95.2% in FY2025 ($1.77B → $84M) | Not yet, as of FY2025 |
Covers only the 6 fiscal years on record (FY2020–FY2025), which may not include a full recession — the worst year here isn’t necessarily how the company would fare in a severe downturn.
3. Business resilience (from the 10-K)
Profitable every year
Net income positive every year 2020–2025; low $121M in 2025 and $234M in 2020.
Source: Form 10-K (FY2025)
23
Legal & regulatory mattersSite analysisShow
Lawsuits, government investigations, enforcement actions and settlements the company discloses — where each stands, what is at stake, and what comes next. From the 10-K's Legal Proceedings and contingencies note, the latest 10-Q, and 8-Ks.
A securities class action and related derivative suits over statements about the SiC business; the class action was dismissed with prejudice in July 2026.
1 open matter · 1 settled or closed
Stockholder derivative litigation
PendingLawsuitStockholders v. directors and officers (D. Ariz.)
Derivative complaints with allegations similar to the class action were consolidated on September 23, 2025 as In re ON Semiconductor Corporation Stockholder Derivative Litigation and stayed pending the class action.
Source: Form 10-Q (quarter ended 2026-07-03) — Note on Commitments and Contingencies
SiC securities class action (Hubacek)
Closed, no actionClass actionHubacek v. On Semiconductor Corp. (D. Ariz.)
Filed December 13, 2023 alleging misleading statements about the SiC business; on July 23, 2026 the court granted onsemi’s motion to dismiss the third amended complaint with prejudice.
Source: Form 10-Q (quarter ended 2026-07-03) — Note on Commitments and Contingencies
Based on Form 10-Q (quarter ended 2026-07-03) — Note on Commitments and Contingencies, reviewed 2026-10-31. Routine ordinary-course claims are not listed. “Major” is this site’s judgment of which matters could materially affect results.
24
Risks (including geopolitical)Site analysis
Starting from the 10-K's Risk Factors section, organized by category — geopolitical, currency, raw materials, regulatory, disaster, and more — with impact and likelihood assessed by this site.
Risk map
Vertical = impact on results, horizontal = likelihood. Upper right = most severe. Numbers match the list below (placement is this site’s own assessment).
Likelihood →
"Company disclosure" vs. "this site’s assessment"
The description and mitigation for each risk are this site’s summary of the 10-K’s "Risk Factors" section. Impact and likelihood are this site’s own assessment, not the company’s — where the company discloses its own likelihood assessment, that is noted in the summary.
Impact is judged from how large the affected business is relative to total revenue/profit, and from the risk’s track record of moving results in the past. Likelihood is judged from the filing’s wording and the current business environment (already occurring, or recurring). See the rating criteria.
- 1Demand & macro
Automotive and industrial downturn
- Company disclosure (summarized from the 10-K)
- A downturn in these end-markets, including under long-term supply agreements, would hurt revenue.
- Company’s stated mitigation
- Not stated in the filings.
- This site’s assessment
- Impact High / Likelihood High
- 2Competition & technology shift
Silicon carbide competition
- Company disclosure (summarized from the 10-K)
- Competitors, some subsidized, compete in SiC and power devices; AI power products may not gain share as expected.
- Company’s stated mitigation
- Not stated in the filings.
- This site’s assessment
- Impact High / Likelihood High
- 3M&A & integration
Synaptics acquisition
- Company disclosure (summarized from the 10-K)
- Completion, financing and integration of the Synaptics acquisition.
- Company’s stated mitigation
- Not stated in the filings.
- This site’s assessment
- Impact Med / Likelihood High
- 4Geopolitics & supply chain
Trade and China exposure
- Company disclosure (summarized from the 10-K)
- Tariffs, export controls and operations across Asia.
- Company’s stated mitigation
- Not stated in the filings.
- This site’s assessment
- Impact Med / Likelihood High
- 5Customer/supplier concentration
Distributor concentration
- Company disclosure (summarized from the 10-K)
- Heavy reliance on distributors; one exceeded 10% of revenue.
- Company’s stated mitigation
- Not stated in the filings.
- This site’s assessment
- Impact Med / Likelihood Med
25
What changed in the risk factorsFrom SEC data
Paragraphs in the latest 10-K's Risk Factors that have little overlap with the year before, and paragraphs that were dropped.
New or substantially reworded (4)
We had one customer, a distributor, whose revenue accounted for approximately 11% and 10% of the total revenue for the years ended 2025 and 2024, respectively, across all reportable segments. Read more
Although we are not dependent on any single customer, a significant disruption in key customer relationships could adversely affect our business. Further, we could experience fluctuations in our customer base or the mix of revenue by customer or end-market, as markets and strategies evolve.
We are exposed to risks related to the use of AI tools by us and others.
We are increasingly incorporating AI tools and capabilities into our business operations where we believe appropriate, which may subject us to significant competitive, legal, regulatory and other risks. Read more
There can be no assurance that our use of AI tools will enhance our business operations or result in a benefit to us. Our competitors may be more successful in their use of AI tools, including by developing superior products or improving their operations with the assistance of AI. Additionally, there could be adverse impacts from inaccurate or flawed algorithms. Our use of AI tools could also result in the loss of confidential information or intellectual property or an inability to claim or enforce intellectual property rights, as well as subject us to risks related to intellectual property infringement or misappropriation, data privacy, cybersecurity, and the unauthorized use of Company…
On July 4, 2025, the U.S. government enacted the One Big Beautiful Bill Act (the “OBBBA”). Read more
While we are subject to the Corporate Alternative Minimum Tax (“CAMT”), we currently have no CAMT liability. However, future changes in our financial results, business operations, or the interpretation and implementation of the OBBBA could result in a CAMT liability in subsequent periods.
No longer in the text (2)
In relation to production of SiC-based products and manufacturing at EFK and at our facilities in Hudson, New Hampshire, the Czech Republic and South Korea, we may face challenges or risks related to: Read more
increased capital spending and long-term capital expenditure commitments, installing and qualifying new manufacturing equipment, meeting planned process yields, maintaining suitable quality control and educating or providing employees with the requisite know-how to operate the processes at our expanded manufacturing facilities. There are inherent execution risks in expanding production capacity, whether at one of our own factories or at a third party that we utilize, all of which could increase our costs and negatively impact our operating results.
In addition, to streamline our operations and for efficiency purposes, we are pursuing a number of actions, including the outsourcing of certain internal business processes and the deployment of enhanced end-to-end digital processes (which, in some cases, include the use of AI) for certain business use cases. Such opportunities for improvement and enhanced productivity bring risks associated with managing change, transition costs, and the potential for reduced productivity or user error, in addition to those risks specific to each new process.
Matched automatically, quoted as filed, and may include rewording of an existing risk. Compares Item 1A of the 10-K filed Feb 9, 2026 ↗ with the 10-K filed Feb 10, 2025 ↗.
26
What to watch going forwardSite analysis
- Closing and financing of the Synaptics acquisition ($123 per share cash).
- Automotive and industrial recovery.
- Silicon carbide utilization and pricing.
- AI data center power revenue.
27
Source documentsShow
This page's financial figures come from the Form 10-Ks listed below. Check the original filings for full detail.
Other sources referenced in the analysis
Last updated
Analysis last edited: October 31, 2026 · Financial data fetched: October 31, 2026 01:58 (SEC EDGAR) · Source 10-K filed: February 9, 2026
Built on10-K FY2025 · filed 2026-02-09Proxy statement (2026)
Next update expectedAfter FY2026’s 10-K is filed (roughly 60–90 days after fiscal year end (sooner for larger filers)), financials and analysis will be refreshed.
This page is this site’s own analysis based on public information, and does not represent ON Semiconductor’s views. It is not a recommendation to buy or sell any security, and this site does not guarantee the accuracy of any figure or statement here. Always verify against the original source documents before making an investment decision.