logo
Twitter
Discord
Email
logo
ON Semiconductor Corporation

ON Semiconductor Corporation

NASDAQ•ON
CEO: Mr. Hassane S. El-Khoury
Sector: Technology
Industry: Semiconductors
Listing Date: 2000-05-02
ON Semiconductor Corporation provides intelligent sensing and power solutions in the United States and internationally. The company operates through Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group. Its intelligent power technologies enable the electrification of the automotive industry that allows for lighter and longer-range electric vehicles, empowers fast-charging systems, and propels sustainable energy for the solar strings, industrial power, and storage systems. In addition, the company offers analog, discrete, module, and integrated semiconductor products that perform multiple application functions, includes power switching and conversion, signal conditioning, circuit protection, signal amplification, and voltage regulation functions. Further, it designs and develops analog, mixed-signal, power management ICs and sensor interface devices for automotive, industrial, compute and mobile markets. Additionally, the company offers single photon detectors, including silicon photomultipliers and single photon avalanche diode arrays, as well as actuator drivers for autofocus and image stabilization for a broad base of end-users in the different end-markets. ON Semiconductor Corporation was incorporated in 1992 and is headquartered in Scottsdale, Arizona.
Contact Information
5701 North Pima Road, Scottsdale, AZ, 85250, United States
602-244-6600
www.onsemi.com
Market Cap
$22.53B
P/E (TTM)
70.2
70.2
Dividend Yield
--
52W High
$70.58
52W Low
$31.04
52W Range
61%
Rank37Top 25.8%
4.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$1.55B-11.98%
4-Quarter Trend

EPS

$0.63-32.98%
4-Quarter Trend

FCF

$644.50M+120.95%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Quarterly Revenue Decline Revenue for the quarter fell to $1.55B from $1.76B, a decrease of $211.0M, driven by lower end-market demand across segments.
Gross Profit Margin Pressure Gross profit dropped $212.2M to $587.2M in the quarter; PSG margin fell 13.1 points to 28.5% due to underutilization.
Significant Restructuring Charges Nine months included $608.1M in restructuring and asset impairment charges, including $487.9M in asset write-downs for realignment.
Strong RPO Backlog Long-term supply agreements show $8.1B in remaining performance obligations; 35% expected recognized over next twelve months.

Risk Factors

End-Market Demand Weakness Revenue declined across all segments (PSG, AMG, ISG) due to decreased demand in automotive and industrial end-markets year over year.
Inventory Obsolescence Charges Nine months recorded $235.8M in excess inventory charges, heavily impacting the ISG segment results this reporting period.
Manufacturing Realignment Costs 2025 Realignment Program incurred $67M expected severance costs; ongoing evaluation for further operating improvements continues.
Litigation Exposure Remains Securities class action and derivative suits pending; company believes it has strong legal defenses against asserted claims.

Outlook

Capital Allocation Focus Focus remains on generating operating cash and returning capital via Share Repurchase Program, with $861.0M remaining authorization.
Strategic Technology Integration Acquired SiC JFET technology to complement EliteSiC portfolio, supporting high energy efficiency needs for AI data centers.
Liquidity Position Strong Cash and short-term investments total $2.47B; Revolving Credit Facility provides $1.1B available for future borrowings.
Capital Expenditure Guidance Expect capital expenditures for 2025 to remain in the range of 5% to 6% of revenue for the full fiscal year.

Peer Comparison

Revenue (TTM)

United Microelectronics CorporationUMC
$236.13B
+4.1%
ASE Technology Holding Co., Ltd.ASX
$20.08B
+6.1%
Jacobs Solutions Inc.J
$12.03B
+37.8%

Gross Margin (Latest Quarter)

Check Point Software Technologies Ltd.CHKP
85.3%
-2.1pp
Corpay, Inc.CPAY
70.8%
-7.4pp
Teradyne, Inc.TER
58.4%
-0.8pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
ASX$35.59B31.311.0%34.0%
TER$32.77B73.015.9%6.8%
ON$22.53B70.23.9%26.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-3.4%
Flat Growth
4Q Net Income CAGR
-12.4%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 9, 2026
|
EPS:$0.62
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Oct 3, 2025|Filed: Nov 3, 2025|
    Revenue: $1.55B-12.0%
    |
    EPS: $0.63-33.0%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Jul 4, 2025|Filed: Aug 4, 2025|
    Revenue: $1.47B-15.4%
    |
    EPS: $0.41-48.1%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Apr 4, 2025|Filed: May 5, 2025|
    Revenue: $1.45B-22.4%
    |
    EPS: $-1.15-208.5%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 10, 2025|
    Revenue: $7.08B-14.2%
    |
    EPS: $3.68-27.4%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Sep 27, 2024|Filed: Oct 28, 2024|
    Revenue: $1.76B-19.2%
    |
    EPS: $0.94-30.4%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 28, 2024|Filed: Jul 29, 2024|
    Revenue: $1.74B-17.2%
    |
    EPS: $0.79-41.0%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 29, 2024|Filed: Apr 29, 2024|
    Revenue: $1.86B-5.0%
    |
    EPS: $1.06-0.9%
    Meet
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 5, 2024|
    Revenue: $8.25B-0.9%
    |
    EPS: $5.07+15.5%
    Meet