Onsemi (ON) Financials

$34.64 +0.39 (+1.14%)

Closing price 04/17/2025 04:00 PM Eastern

Extended Trading

$34.72 +0.08 (+0.22%)

As of 04/17/2025 05:56 PM Eastern

Annual Income Statements for Onsemi

This table shows Onsemi's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	206	182	811	627	212	234	1,010	1,902	2,184	1,573
Consolidated Net Income / (Loss)	209	185	813	630	214	236	1,011	1,904	2,186	1,575
Net Income / (Loss) Continuing Operations	209	185	813	630	214	236	1,011	1,904	2,186	1,575
Total Pre-Tax Income	220	181	548	755	277	177	1,158	2,362	2,536	1,837
Total Operating Income	261	247	682	847	433	349	1,288	2,360	2,539	1,768
Total Gross Profit	1,193	1,301	2,036	2,239	1,974	1,716	2,714	4,077	3,884	3,216
Total Revenue	3,496	3,907	5,543	5,878	5,518	5,255	6,740	8,326	8,253	7,082
Operating Revenue	3,496	3,907	5,543	5,878	5,518	5,255	6,740	8,326	8,253	7,082
Total Cost of Revenue	2,303	2,606	3,508	3,640	3,544	3,539	4,026	4,249	4,370	3,866
Operating Cost of Revenue	2,303	2,606	3,508	3,640	3,544	3,539	4,026	4,249	4,370	3,866
Total Operating Expenses	932	1,054	1,354	1,392	1,541	1,367	1,427	1,717	1,345	1,448
Selling, General & Admin Expense	182	230	285	293	284	259	305	343	362	376
Marketing Expense	204	237	317	325	301	279	294	288	279	274
Research & Development Expense	397	447	595	651	641	643	655	600	577	613
Amortization Expense	136	105	124	112	115	120	99	81	51	52
Impairment Charge	3.80	2.20	13	6.80	1.60	1.30	2.90	387	0.00	0.00
Restructuring Charge	9.30	33	21	4.30	29	65	71	18	75	134
Total Other Income / (Expense), net	-41	-66	-134	-92	-156	-172	-130	2.20	-2.90	70
Interest Expense	50	152	141	133	155	168	159	102	88	62
Interest & Investment Income	1.10	4.50	3.00	6.10	10	4.90	1.40	16	93	111
Other Income / (Expense), net	7.70	81	3.70	35	-12	-8.60	28	89	-7.90	21
Income Tax Expense	11	-3.90	-266	125	63	-60	147	458	350	263
Net Income / (Loss) Attributable to Noncontrolling Interest	2.80	2.40	2.30	2.50	2.20	2.20	1.60	1.60	1.90	1.80
Basic Earnings per Share	$0.49	$0.44	$1.92	$1.48	$0.52	$0.57	$2.37	$4.39	$5.07	$3.68
Weighted Average Basic Shares Outstanding	421.20M	415.20M	421.90M	423.80M	410.90M	410.70M	425.70M	433.20M	430.70M	427.40M
Diluted Earnings per Share	$0.48	$0.43	$1.89	$1.44	$0.51	$0.56	$2.27	$4.25	$4.89	$3.63
Weighted Average Diluted Shares Outstanding	427.80M	420M	428.30M	435.90M	416M	418.80M	443.80M	448.20M	446.80M	432.70M
Weighted Average Basic & Diluted Shares Outstanding	420.80M	413.90M	422.20M	423.90M	411.07M	411.88M	432.50M	431.97M	427.33M	421.42M

This table shows Onsemi's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	312	604	462	577	583	563	453	338	402	380
Consolidated Net Income / (Loss)	312	604	462	577	583	563	454	338	403	380
Net Income / (Loss) Continuing Operations	312	604	462	577	583	563	454	338	403	380
Total Pre-Tax Income	407	763	546	682	698	611	538	402	455	443
Total Operating Income	425	704	565	675	687	612	525	389	445	409
Total Gross Profit	1,058	1,021	918	993	1,031	942	854	784	799	779
Total Revenue	2,193	2,104	1,960	2,094	2,181	2,018	1,863	1,735	1,762	1,723
Operating Revenue	2,193	2,104	1,960	2,094	2,181	2,018	1,863	1,735	1,762	1,723
Total Cost of Revenue	1,134	1,083	1,042	1,101	1,150	1,076	1,009	951	963	943
Operating Cost of Revenue	1,134	1,083	1,042	1,101	1,150	1,076	1,009	951	963	943
Total Operating Expenses	634	316	353	319	344	330	328	396	354	371
Selling, General & Admin Expense	85	97	76	87	111	89	95	85	96	101
Marketing Expense	70	74	72	72	68	68	69	69	65	70
Research & Development Expense	145	136	138	145	143	150	150	157	151	155
Amortization Expense	22	16	15	12	12	12	13	13	13	14
Restructuring Charge	40	-7.70	52	2.60	9.40	11	1.40	73	29	31
Total Other Income / (Expense), net	-18	59	-19	6.80	11	-1.20	13	14	9.20	34
Interest Expense	24	27	40	16	16	16	16	16	16	15
Interest & Investment Income	4.90	9.10	17	24	26	26	28	27	29	28
Other Income / (Expense), net	1.10	77	3.60	-0.80	1.00	-12	1.00	1.90	-3.70	21
Income Tax Expense	95	159	84	104	115	48	85	64	52	63
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	-	0.50	0.50	0.20	0.70	0.70	0.20	1.00	-0.10
Basic Earnings per Share	$0.72	$1.40	$1.07	$1.34	$1.35	$1.31	$1.06	$0.79	$0.94	$0.89
Weighted Average Basic Shares Outstanding	432.90M	433.20M	431.90M	431.70M	431.20M	430.70M	428.10M	429.10M	427M	427.40M
Diluted Earnings per Share	$0.70	$1.35	$1.03	$1.29	$1.29	$1.28	$1.04	$0.78	$0.93	$0.88
Weighted Average Diluted Shares Outstanding	448.70M	448.20M	448.50M	448.70M	450.70M	446.80M	436.50M	433.20M	431.70M	432.70M
Weighted Average Basic & Diluted Shares Outstanding	432.42M	431.97M	431.87M	431.53M	430.70M	427.33M	430.23M	428.36M	425.80M	421.42M

This table details how cash moves in and out of Onsemi's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	106	409	-79	120	-193	187	296	1,555	-448	208
Net Cash From Operating Activities	471	581	1,094	1,274	695	884	1,782	2,633	1,978	1,906
Net Cash From Continuing Operating Activities	471	581	1,094	1,274	695	884	1,782	2,633	1,978	1,906
Net Income / (Loss) Continuing Operations	209	185	813	630	214	236	1,011	1,904	2,186	1,575
Consolidated Net Income / (Loss)	209	185	813	630	214	236	1,011	1,904	2,186	1,575
Depreciation Expense	358	364	482	509	593	625	597	552	610	643
Amortization Expense	2.80	12	16	13	13	12	11	11	11	11
Non-Cash Adjustments To Reconcile Net Income	105	-2.50	-190	192	141	9.40	222	414	34	60
Changes in Operating Assets and Liabilities, net	-204	23	-27	-70	-267	1.30	-59	-247	-863	-382
Net Cash From Investing Activities	-265	-2,436	-365	-549	-1,511	-454	-915	-705	-1,738	-1,010
Net Cash From Continuing Investing Activities	-265	-2,436	-365	-549	-1,511	-454	-915	-705	-1,738	-1,010
Purchase of Property, Plant & Equipment	-271	-211	-388	-586	-1,423	-388	-844	-1,038	-1,775	-715
Purchase of Investments	-0.80	0.00	0.00	-	0.00	0.00	-49	-18	0.00	-1,050
Sale of Property, Plant & Equipment	11	0.40	14	37	1.90	6.30	14	59	4.00	6.20
Divestitures	0.00	104	20	8.40	5.20	0.00	7.00	263	0.00	0.00
Sale and/or Maturity of Investments	8.30	0.00	0.00	10	0.00	0.00	4.20	29	34	750
Other Investing Activities, net	19	-46	-11	6.30	-95	-98	-47	0.00	0.00	-1.50
Net Cash From Financing Activities	-100	2,265	-811	-605	623	-244	-569	-370	-687	-684
Net Cash From Continuing Financing Activities	-100	2,265	-811	-605	623	-244	-569	-370	-687	-684
Repayment of Debt	-538	-336	-1,840	-298	-618	-2,026	-1,272	-544	-1,740	-1.70
Repurchase of Common Equity	-348	0.00	-25	-315	-139	-65	0.00	-260	-564	-654
Issuance of Debt	817	2,587	1,106	15	1,405	1,858	787	500	1,845	0.00
Issuance of Common Equity	67	15	109	25	26	24	117	23	268	25
Other Financing Activities, net	-97	2.60	-159	-30	-48	-29	-202	-90	-496	-53
Effect of Exchange Rate Changes	-0.40	-0.80	-	-	-	-	-1.30	-2.40	-	-4.40

This table details how cash moves in and out of Onsemi's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	658	461	-216	-83	58	-206	132	-384	239	221
Net Cash From Operating Activities	1,002	731	409	391	567	611	499	362	466	580
Net Cash From Continuing Operating Activities	1,002	731	409	391	567	611	499	362	466	580
Net Income / (Loss) Continuing Operations	312	604	462	577	583	563	454	338	403	380
Consolidated Net Income / (Loss)	312	604	462	577	583	563	454	338	403	380
Depreciation Expense	140	133	145	149	155	160	155	160	162	167
Amortization Expense	2.60	2.40	2.90	2.90	2.90	2.60	2.70	2.90	3.60	1.90
Non-Cash Adjustments To Reconcile Net Income	222	24	49	32	45	-92	35	52	39	-66
Changes in Operating Assets and Liabilities, net	326	-32	-250	-370	-219	-23	-148	-191	-141	97
Net Cash From Investing Activities	-264	-142	-562	-384	-407	-385	-235	-591	-32	-152
Net Cash From Continuing Investing Activities	-264	-142	-562	-384	-407	-385	-235	-591	-32	-152
Purchase of Property, Plant & Equipment	-271	-375	-338	-414	-401	-623	-234	-143	-160	-178
Purchase of Investments	-1.70	-	-	-	-236	236	-	-	-300	-300
Sale of Property, Plant & Equipment	21	0.10	1.70	0.90	0.20	1.20	0.10	0.20	0.30	5.60
Sale and/or Maturity of Investments	10	4.80	11	10	13	-	0.00	-	450	300
Net Cash From Financing Activities	-80	-130	-63	-90	-101	-432	-131	-153	-197	-203
Net Cash From Continuing Financing Activities	-80	-130	-63	-90	-101	-432	-131	-153	-197	-203
Repayment of Debt	-2.70	-34	-1,214	-397	-0.50	-129	0.00	-	-	-1.70
Repurchase of Common Equity	-77	-93	-104	-60	-100	-300	-100	-150	-200	-204
Issuance of Common Equity	5.70	4.70	250	5.90	6.70	5.90	7.60	5.50	6.50	5.60
Other Financing Activities, net	-5.70	-9.70	-465	-14	-7.60	-9.40	-38	-8.20	-3.50	-3.10
Effect of Exchange Rate Changes	-0.60	0.80	0.10	-1.10	-0.50	-	-0.90	-2.20	2.40	-3.70

This table presents Onsemi's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	3,870	6,924	7,195	7,588	8,426	8,668	9,626	11,979	13,215	14,090
Total Current Assets	1,892	2,869	2,933	3,168	3,020	3,184	3,782	5,729	5,912	6,752
Cash & Equivalents	618	1,028	949	1,070	894	1,081	1,353	2,919	2,483	2,691
Short-Term Investments	-	-	-	-	-	-	-	-	0.00	300
Accounts Receivable	426	630	702	686	705	676	809	842	935	1,160
Inventories, net	750	1,030	1,090	1,225	1,232	1,251	1,380	1,617	2,112	2,242
Other Current Assets	97	181	193	187	188	176	240	351	382	359
Plant, Property, & Equipment, net	1,274	2,159	2,279	2,550	0.00	0.00	2,524	3,451	4,402	4,361
Total Noncurrent Assets	704	1,896	1,983	1,870	5,406	5,484	3,320	2,798	2,901	2,976
Noncurrent Note & Lease Receivables	-	-	-	-	-	-	22	46	42	41
Goodwill	271	925	917	933	1,659	1,663	1,938	1,578	1,578	1,588
Intangible Assets	326	762	628	566	591	469	496	360	299	258
Noncurrent Deferred & Refundable Income Taxes	45	139	339	266	308	429	366	377	601	730
Other Noncurrent Operating Assets	63	71	99	105	2,848	2,923	498	439	381	360
Total Liabilities & Shareholders' Equity	3,870	6,924	7,195	7,588	8,426	8,668	9,626	11,979	13,215	14,090
Total Liabilities	2,238	5,047	4,394	4,394	5,101	5,110	5,022	5,772	5,415	5,275
Total Current Liabilities	1,239	1,503	1,409	1,469	1,818	1,675	1,543	2,061	2,184	1,335
Short-Term Debt	543	554	248	139	736	532	161	148	794	0.00
Accounts Payable	338	434	548	672	544	573	635	852	726	575
Accrued Expenses	246	405	613	659	539	570	735	1,047	663	760
Other Current Liabilities	-	-	-	-	-	-	13	14	0.80	0.30
Total Noncurrent Liabilities	998	3,544	2,985	2,924	3,283	3,435	3,478	3,710	3,231	3,941
Long-Term Debt	851	3,069	2,704	2,628	2,877	2,960	2,914	3,046	2,543	3,346
Capital Lease Obligations	-	-	-	-	-	-	10	23	22	21
Noncurrent Deferred & Payable Income Tax Liabilities	17	289	55	55	60	57	43	34	39	38
Other Noncurrent Operating Liabilities	131	187	226	242	346	418	511	607	627	536
Commitments & Contingencies	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,632	1,845	2,801	3,194	3,324	3,558	4,604	6,207	7,801	8,815
Total Preferred & Common Equity	1,608	1,823	2,779	3,172	3,302	3,539	4,585	6,189	7,783	8,796
Total Common Equity	1,608	1,823	2,779	3,172	3,302	3,539	4,585	6,189	7,783	8,796
Common Stock	3,426	3,479	3,599	3,708	3,815	4,139	4,639	4,677	5,217	5,378
Retained Earnings	-709	-527	352	980	1,191	1,426	2,435	4,364	6,548	8,121
Treasury Stock	-1,066	-1,078	-1,131	-1,478	-1,651	-1,968	-2,448	-2,830	-3,937	-4,641
Accumulated Other Comprehensive Income / (Loss)	-42	-50	-41	-38	-54	-58	-41	-23	-45	-62
Noncontrolling Interest	24	22	22	23	22	20	19	19	18	18

This table presents Onsemi's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Total Assets	11,101	11,979	12,274	12,763	13,281	13,215	13,483	13,659	13,924	14,090
Total Current Assets	5,309	5,729	5,716	5,930	6,085	5,912	6,149	6,325	6,545	6,752
Cash & Equivalents	2,450	2,919	2,702	2,622	2,679	2,483	2,614	2,231	2,470	2,691
Short-Term Investments	-	-	-	-	-	0.00	-	450	300	300
Accounts Receivable	857	842	881	944	958	935	873	887	1,071	1,160
Inventories, net	1,575	1,617	1,815	1,964	2,085	2,112	2,147	2,225	2,243	2,242
Other Current Assets	292	351	318	399	363	382	514	532	461	359
Plant, Property, & Equipment, net	2,762	3,451	3,693	3,991	4,315	4,402	4,384	4,373	4,384	4,361
Total Noncurrent Assets	3,029	2,798	2,865	2,841	2,881	2,901	2,950	2,961	2,995	2,976
Noncurrent Note & Lease Receivables	-	46	45	45	43	42	42	42	41	41
Goodwill	1,600	1,578	1,578	1,578	1,578	1,578	1,578	1,578	1,588	1,588
Intangible Assets	374	360	340	326	313	299	289	275	273	258
Noncurrent Deferred & Refundable Income Taxes	410	377	473	502	579	601	648	679	726	730
Other Noncurrent Operating Assets	645	439	429	390	369	381	393	388	367	360
Total Liabilities & Shareholders' Equity	11,101	11,979	12,274	12,763	13,281	13,215	13,483	13,659	13,924	14,090
Total Liabilities	5,424	5,772	5,807	5,759	5,777	5,415	5,340	5,300	5,320	5,275
Total Current Liabilities	1,761	2,061	2,580	2,481	2,495	2,184	2,139	2,098	2,129	1,335
Short-Term Debt	165	148	926	912	913	794	795	796	796	0.00
Accounts Payable	792	852	976	908	911	726	666	618	598	575
Accrued Expenses	767	1,047	666	654	665	663	678	684	734	760
Other Current Liabilities	-	14	12	7.00	5.20	0.80	0.30	0.40	0.40	0.30
Total Noncurrent Liabilities	3,663	3,710	3,227	3,278	3,283	3,231	3,201	3,202	3,191	3,941
Long-Term Debt	3,047	3,046	2,538	2,540	2,541	2,543	2,544	2,546	2,547	3,346
Capital Lease Obligations	-	23	24	24	22	22	21	22	22	21
Noncurrent Deferred & Payable Income Tax Liabilities	31	34	37	38	35	39	37	40	43	38
Other Noncurrent Operating Liabilities	586	607	629	677	685	627	599	595	579	536
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5,677	6,207	6,467	7,004	7,504	7,801	8,143	8,358	8,604	8,815
Total Preferred & Common Equity	5,656	6,189	6,448	6,984	7,484	7,783	8,124	8,340	8,584	8,796
Total Common Equity	5,656	6,189	6,448	6,984	7,484	7,783	8,124	8,340	8,584	8,796
Common Stock	4,605	4,677	4,640	4,721	4,752	5,217	5,250	5,290	5,328	5,378
Retained Earnings	3,760	4,364	4,826	5,403	5,985	6,548	7,001	7,339	7,741	8,121
Treasury Stock	-2,686	-2,830	-2,988	-3,102	-3,208	-3,937	-4,075	-4,233	-4,436	-4,641
Accumulated Other Comprehensive Income / (Loss)	-23	-23	-30	-37	-45	-45	-52	-57	-49	-62
Noncontrolling Interest	21	19	19	20	20	18	19	19	20	18

This table displays calculated financial ratios and metrics derived from Onsemi's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	10.56%	11.76%	41.88%	6.05%	-6.13%	-4.76%	28.26%	23.54%	-0.88%	-14.19%
EBITDA Growth	27.19%	11.86%	68.12%	18.63%	-26.83%	-4.84%	96.79%	56.59%	4.65%	-22.51%
EBIT Growth	19.73%	21.91%	109.12%	28.66%	-52.26%	-19.20%	286.89%	86.10%	3.35%	-29.34%
NOPAT Growth	8.35%	1.55%	301.43%	-30.16%	-52.66%	39.50%	140.92%	69.13%	15.04%	-30.77%
Net Income Growth	8.80%	-11.72%	340.65%	-22.52%	-66.04%	10.52%	327.75%	88.27%	14.80%	-27.96%
EPS Growth	11.63%	-10.42%	339.53%	-23.81%	-64.58%	9.80%	305.36%	87.22%	15.06%	-25.77%
Operating Cash Flow Growth	-2.22%	23.48%	88.30%	16.45%	-45.48%	27.29%	101.52%	47.76%	-24.90%	-3.60%
Free Cash Flow Firm Growth	164.02%	-1,222.74%	137.57%	-8.93%	-231.84%	166.14%	40.00%	129.18%	-99.08%	6,160.63%
Invested Capital Growth	3.74%	85.70%	7.41%	1.81%	23.55%	-1.22%	6.16%	2.65%	33.39%	5.91%
Revenue Q/Q Growth	-0.68%	12.07%	2.15%	2.18%	-1.80%	0.85%	6.31%	3.19%	-1.03%	-4.01%
EBITDA Q/Q Growth	9.01%	5.55%	5.71%	8.63%	-6.45%	3.27%	20.35%	9.99%	-4.65%	-6.32%
EBIT Q/Q Growth	19.04%	0.96%	9.82%	12.66%	-18.62%	13.03%	34.71%	12.95%	-6.68%	-8.70%
NOPAT Q/Q Growth	33.66%	69.85%	96.94%	-38.35%	-23.26%	-0.38%	38.81%	6.55%	0.42%	-12.33%
Net Income Q/Q Growth	35.54%	44.37%	106.50%	-36.69%	-33.78%	16.17%	49.90%	10.31%	-1.84%	-10.44%
EPS Q/Q Growth	33.33%	48.28%	107.69%	-36.84%	-32.89%	12.00%	48.37%	10.39%	-1.41%	-9.93%
Operating Cash Flow Q/Q Growth	-1.11%	14.17%	-0.45%	18.26%	-32.16%	53.63%	14.54%	4.14%	-5.73%	-1.63%
Free Cash Flow Firm Q/Q Growth	37.28%	6.13%	-8.84%	35.85%	-56.26%	49.11%	-22.30%	32.04%	-92.70%	20.91%
Invested Capital Q/Q Growth	-0.95%	-0.84%	12.31%	-1.54%	1.96%	-1.06%	7.97%	2.59%	4.53%	-0.11%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	34.13%	33.29%	36.72%	38.08%	35.77%	32.65%	40.27%	48.97%	47.06%	45.41%
EBITDA Margin	18.00%	18.01%	21.35%	23.88%	18.61%	18.60%	28.54%	36.17%	38.19%	34.48%
Operating Margin	7.47%	6.32%	12.30%	14.41%	7.84%	6.64%	19.10%	28.34%	30.76%	24.96%
EBIT Margin	7.69%	8.39%	12.36%	15.00%	7.63%	6.47%	19.52%	29.41%	30.67%	25.25%
Profit (Net Income) Margin	5.98%	4.72%	14.67%	10.72%	3.88%	4.50%	15.00%	22.87%	26.48%	22.23%
Tax Burden Percent	95.09%	102.16%	148.49%	83.43%	77.33%	133.86%	87.34%	80.59%	86.19%	85.70%
Interest Burden Percent	81.77%	55.11%	79.89%	85.63%	65.72%	51.93%	87.99%	96.47%	100.20%	102.75%
Effective Tax Rate	4.91%	-2.16%	-48.49%	16.57%	22.67%	-33.86%	12.66%	19.41%	13.81%	14.30%
Return on Invested Capital (ROIC)	10.50%	7.33%	21.82%	14.58%	6.12%	7.77%	18.28%	29.62%	28.83%	16.96%
ROIC Less NNEP Spread (ROIC-NNEP)	5.08%	3.32%	13.16%	10.42%	0.65%	-1.21%	12.80%	29.80%	28.40%	26.50%
Return on Net Nonoperating Assets (RNNOA)	2.25%	3.18%	12.93%	6.43%	0.44%	-0.90%	6.50%	5.59%	2.38%	2.00%
Return on Equity (ROE)	12.75%	10.51%	34.75%	21.01%	6.56%	6.87%	24.78%	35.22%	31.21%	18.95%
Cash Return on Invested Capital (CROIC)	6.82%	-52.67%	14.68%	12.79%	-14.95%	9.00%	12.30%	27.01%	0.21%	11.21%
Operating Return on Assets (OROA)	6.99%	6.07%	9.71%	11.93%	5.26%	3.98%	14.39%	22.67%	20.09%	13.10%
Return on Assets (ROA)	5.43%	3.42%	11.52%	8.52%	2.67%	2.77%	11.06%	17.62%	17.35%	11.53%
Return on Common Equity (ROCE)	12.57%	10.28%	34.18%	20.86%	6.52%	6.83%	24.66%	35.10%	31.12%	18.91%
Return on Equity Simple (ROE_SIMPLE)	13.00%	10.12%	29.26%	19.86%	6.48%	6.68%	22.05%	30.76%	28.08%	17.90%
Net Operating Profit after Tax (NOPAT)	248	252	1,012	707	335	467	1,125	1,902	2,188	1,515
NOPAT Margin	7.10%	6.45%	18.26%	12.02%	6.06%	8.88%	16.69%	22.84%	26.51%	21.39%
Net Nonoperating Expense Percent (NNEP)	5.42%	4.01%	8.66%	4.16%	5.47%	8.98%	5.47%	-0.17%	0.43%	-9.55%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	20.18%	19.61%	12.44%
Cost of Revenue to Revenue	65.87%	66.71%	63.28%	61.92%	64.23%	67.35%	59.73%	51.03%	52.94%	54.59%
SG&A Expenses to Revenue	5.21%	5.89%	5.14%	4.99%	5.15%	4.92%	4.52%	4.12%	4.39%	5.31%
R&D to Revenue	11.35%	11.44%	10.73%	11.07%	11.61%	12.23%	9.72%	7.21%	7.00%	8.65%
Operating Expenses to Revenue	26.66%	26.97%	24.43%	23.67%	27.93%	26.02%	21.17%	20.62%	16.29%	20.45%
Earnings before Interest and Taxes (EBIT)	269	328	685	882	421	340	1,316	2,449	2,531	1,788
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	629	704	1,183	1,404	1,027	977	1,923	3,012	3,152	2,442
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.51	2.92	3.20	2.19	3.03	3.80	6.38	4.36	4.62	3.05
Price to Tangible Book Value (P/TBV)	4.00	39.01	7.20	4.15	9.52	9.57	13.60	6.34	6.09	3.86
Price to Revenue (P/Rev)	1.16	1.36	1.60	1.18	1.81	2.56	4.34	3.24	4.36	3.79
Price to Earnings (P/E)	19.61	29.22	10.96	11.08	47.30	57.47	28.98	14.18	16.47	17.07
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	5.10%	3.42%	9.13%	9.03%	2.11%	1.74%	3.45%	7.05%	6.07%	5.86%
Enterprise Value to Invested Capital (EV/IC)	2.01	1.78	2.27	1.77	2.11	2.66	4.89	4.20	4.25	2.96
Enterprise Value to Revenue (EV/Rev)	1.39	2.04	1.97	1.47	2.31	3.02	4.60	3.28	4.47	3.85
Enterprise Value to EBITDA (EV/EBITDA)	7.70	11.32	9.22	6.18	12.42	16.26	16.13	9.06	11.70	11.15
Enterprise Value to EBIT (EV/EBIT)	18.02	24.32	15.92	9.83	30.30	46.72	23.57	11.14	14.57	15.23
Enterprise Value to NOPAT (EV/NOPAT)	19.51	31.61	10.78	12.26	38.12	34.04	27.58	14.35	16.85	17.98
Enterprise Value to Operating Cash Flow (EV/OCF)	10.29	13.71	9.97	6.80	18.36	17.97	17.40	10.36	18.64	14.29
Enterprise Value to Free Cash Flow (EV/FCFF)	30.02	0.00	16.02	13.99	0.00	29.40	40.99	15.73	2,304.46	27.19
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.85	1.93	1.05	0.87	1.09	0.98	0.67	0.52	0.43	0.38
Long-Term Debt to Equity	0.52	1.63	0.97	0.82	0.87	0.83	0.64	0.49	0.33	0.38
Financial Leverage	0.44	0.96	0.98	0.62	0.68	0.75	0.51	0.19	0.08	0.08
Leverage Ratio	2.35	3.08	3.02	2.47	2.46	2.48	2.24	2.00	1.80	1.64
Compound Leverage Factor	1.92	1.69	2.41	2.11	1.61	1.29	1.97	1.93	1.80	1.69
Debt to Total Capital	46.07%	65.86%	51.31%	46.41%	52.08%	49.53%	40.12%	34.13%	30.10%	27.64%
Short-Term Debt to Total Capital	17.96%	10.07%	4.31%	2.32%	10.61%	7.54%	2.09%	1.57%	7.12%	0.00%
Long-Term Debt to Total Capital	28.11%	55.79%	47.00%	44.09%	41.47%	41.99%	38.03%	32.56%	22.98%	27.64%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.78%	0.99%	0.39%	0.38%	0.32%	0.28%	0.25%	0.20%	0.16%	0.15%
Common Equity to Total Capital	53.15%	33.15%	48.30%	53.21%	47.60%	50.20%	59.63%	65.67%	69.74%	72.21%
Debt to EBITDA	2.22	5.15	2.49	1.97	3.52	3.57	1.60	1.07	1.07	1.38
Net Debt to EBITDA	1.23	3.69	1.69	1.21	2.65	2.47	0.90	0.10	0.28	0.15
Long-Term Debt to EBITDA	1.35	4.36	2.29	1.87	2.80	3.03	1.52	1.02	0.81	1.38
Debt to NOPAT	5.61	14.37	2.92	3.91	10.80	7.48	2.74	1.69	1.54	2.22
Net Debt to NOPAT	3.13	10.29	1.98	2.40	8.12	5.16	1.54	0.16	0.40	0.25
Long-Term Debt to NOPAT	3.43	12.17	2.67	3.72	8.60	6.34	2.60	1.61	1.17	2.22
Altman Z-Score	2.16	1.48	2.62	2.56	2.37	2.76	5.28	5.05	6.28	5.24
Noncontrolling Interest Sharing Ratio	1.36%	2.23%	1.64%	0.75%	0.69%	0.61%	0.47%	0.35%	0.26%	0.22%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.53	1.91	2.08	2.16	1.66	1.90	2.45	2.78	2.71	5.06
Quick Ratio	0.84	1.10	1.17	1.19	0.88	1.05	1.40	1.82	1.57	3.11
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	161	-1,812	681	620	-817	540	757	1,734	16	1,002
Operating Cash Flow to CapEx	181.21%	276.32%	293.19%	232.01%	48.90%	231.61%	214.70%	268.88%	111.63%	269.15%
Free Cash Flow to Firm to Interest Expense	3.22	-11.95	4.82	4.67	-5.29	3.21	4.75	17.00	0.18	16.08
Operating Cash Flow to Interest Expense	9.39	3.83	7.75	9.59	4.50	5.25	11.18	25.81	22.45	30.60
Operating Cash Flow Less CapEx to Interest Expense	4.21	2.45	5.11	5.46	-4.70	2.98	5.97	16.21	2.34	19.23
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.91	0.72	0.79	0.80	0.69	0.61	0.74	0.77	0.66	0.52
Accounts Receivable Turnover	8.28	7.40	8.33	8.47	7.93	7.61	9.07	10.08	9.29	6.76
Inventory Turnover	3.11	2.93	3.31	3.14	2.88	2.85	3.06	2.84	2.34	1.78
Fixed Asset Turnover	2.82	2.28	2.50	2.43	0.00	0.00	0.00	2.79	2.10	1.62
Accounts Payable Turnover	6.43	6.76	7.14	5.97	5.83	6.34	6.66	5.71	5.54	5.95
Days Sales Outstanding (DSO)	44.06	49.34	43.83	43.08	46.01	47.96	40.22	36.20	39.31	54.00
Days Inventory Outstanding (DIO)	117.33	124.68	110.29	116.07	126.54	128.08	119.27	128.69	155.73	205.52
Days Payable Outstanding (DPO)	56.74	54.03	51.09	61.16	62.58	57.57	54.77	63.88	65.90	61.37
Cash Conversion Cycle (CCC)	104.64	119.98	103.03	97.98	109.97	118.47	104.73	101.02	129.15	198.14
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,408	4,472	4,804	4,891	6,042	5,969	6,337	6,505	8,677	9,190
Invested Capital Turnover	1.48	1.14	1.20	1.21	1.01	0.88	1.10	1.30	1.09	0.79
Increase / (Decrease) in Invested Capital	87	2,064	332	87	1,152	-74	368	168	2,172	513
Enterprise Value (EV)	4,844	7,969	10,907	8,669	12,754	15,890	31,013	27,286	36,870	27,240
Market Capitalization	4,044	5,320	8,882	6,950	10,013	13,459	29,262	26,970	35,976	26,847
Book Value per Share	$3.90	$4.37	$6.55	$7.53	$8.04	$8.60	$10.64	$14.31	$18.07	$20.66
Tangible Book Value per Share	$2.45	$0.33	$2.91	$3.97	$2.56	$3.42	$5.00	$9.83	$13.71	$16.32
Total Capital	3,026	5,500	5,753	5,960	6,937	7,049	7,689	9,424	11,160	12,181
Total Debt	1,394	3,622	2,952	2,766	3,613	3,491	3,085	3,217	3,359	3,367
Total Long-Term Debt	851	3,069	2,704	2,628	2,877	2,960	2,924	3,069	2,565	3,367
Net Debt	776	2,594	2,003	1,697	2,718	2,411	1,732	298	876	375
Capital Expenditures (CapEx)	260	210	373	549	1,421	382	830	979	1,771	708
Debt-free, Cash-free Net Working Capital (DFCFNWC)	578	892	823	767	1,043	961	1,046	897	2,040	2,426
Debt-free Net Working Capital (DFNWC)	1,196	1,920	1,772	1,837	1,938	2,041	2,399	3,816	4,523	5,417
Net Working Capital (NWC)	652	1,367	1,524	1,699	1,202	1,510	2,238	3,668	3,729	5,417
Net Nonoperating Expense (NNE)	39	68	199	77	121	230	113	-1.77	2.50	-60
Net Nonoperating Obligations (NNO)	776	2,594	2,003	1,697	2,718	2,411	1,732	298	876	375
Total Depreciation and Amortization (D&A)	360	376	498	522	606	637	607	563	621	654
Debt-free, Cash-free Net Working Capital to Revenue	16.53%	22.84%	14.85%	13.05%	18.91%	18.28%	15.52%	10.77%	24.71%	34.25%
Debt-free Net Working Capital to Revenue	34.20%	49.15%	31.97%	31.25%	35.11%	38.84%	35.59%	45.83%	54.80%	76.49%
Net Working Capital to Revenue	18.66%	34.98%	27.50%	28.89%	21.78%	28.73%	33.21%	44.05%	45.18%	76.49%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.49	$0.44	$1.92	$1.48	$0.52	$0.57	$2.37	$4.39	$5.07	$3.68
Adjusted Weighted Average Basic Shares Outstanding	421.20M	415.20M	421.90M	423.80M	410.90M	410.70M	425.70M	433.20M	430.70M	427.40M
Adjusted Diluted Earnings per Share	$0.48	$0.43	$1.89	$1.44	$0.51	$0.56	$2.27	$4.25	$4.89	$3.63
Adjusted Weighted Average Diluted Shares Outstanding	427.80M	420M	428.30M	435.90M	416M	418.80M	443.80M	448.20M	446.80M	432.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	412.10M	419.61M	425.44M	409.71M	411.07M	411.88M	432.50M	431.97M	427.33M	421.42M
Normalized Net Operating Profit after Tax (NOPAT)	261	198	501	716	489	291	1,189	2,228	2,253	1,630
Normalized NOPAT Margin	7.46%	5.06%	9.04%	12.18%	8.86%	5.53%	17.65%	26.76%	27.30%	23.01%
Pre Tax Income Margin	6.29%	4.62%	9.88%	12.84%	5.01%	3.36%	17.18%	28.37%	30.73%	25.94%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.37	2.16	4.85	6.64	2.72	2.02	8.25	24.01	28.73	28.70
NOPAT to Interest Expense	4.96	1.66	7.17	5.32	2.17	2.77	7.06	18.65	24.84	24.32
EBIT Less CapEx to Interest Expense	0.18	0.77	2.21	2.50	-6.47	-0.25	3.05	14.41	8.62	17.34
NOPAT Less CapEx to Interest Expense	-0.23	0.28	4.53	1.19	-7.03	0.50	1.85	9.05	4.73	12.95
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	2.33%	0.23%	0.35%	1.08%	2.12%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	166.60%	2.33%	3.31%	50.40%	66.06%	29.78%	0.00%	13.65%	25.81%	41.54%

This table displays calculated financial ratios and metrics derived from Onsemi's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	25.86%	13.95%	0.76%	0.45%	-0.54%	-4.06%	-4.95%	-17.15%	-19.21%	-14.65%
EBITDA Growth	2.05%	42.47%	-9.67%	12.56%	49.05%	-16.77%	-4.55%	-33.03%	-28.26%	-21.59%
EBIT Growth	5.45%	56.08%	-12.44%	13.78%	61.65%	-23.17%	-7.44%	-42.07%	-35.80%	-28.38%
NOPAT Growth	-2.24%	26.93%	-12.59%	20.84%	76.40%	1.24%	-7.43%	-42.77%	-31.28%	-37.87%
Net Income Growth	0.48%	41.72%	-12.96%	26.39%	86.89%	-6.77%	-1.84%	-41.36%	-30.91%	-32.59%
EPS Growth	0.00%	42.11%	-12.71%	26.47%	84.29%	-5.19%	0.97%	-39.53%	-27.91%	-31.25%
Operating Cash Flow Growth	123.30%	16.71%	-14.56%	-7.13%	-43.48%	-16.42%	21.96%	-7.32%	-17.79%	-5.15%
Free Cash Flow Firm Growth	-129.47%	445.81%	-142.19%	15.25%	-847.03%	-512.53%	-509.18%	-88.29%	63.57%	89.89%
Invested Capital Growth	8.04%	2.65%	10.25%	15.02%	30.91%	33.39%	22.55%	15.06%	10.84%	5.91%
Revenue Q/Q Growth	5.16%	-4.06%	-6.84%	6.87%	4.13%	-7.46%	-7.70%	-6.84%	1.54%	-2.24%
EBITDA Q/Q Growth	-22.59%	61.52%	-21.88%	15.24%	2.51%	-9.81%	-10.42%	-19.14%	9.80%	-1.42%
EBIT Q/Q Growth	-28.14%	83.62%	-27.26%	18.54%	2.09%	-12.73%	-12.36%	-25.81%	13.14%	-2.65%
NOPAT Q/Q Growth	-31.16%	71.32%	-14.22%	19.46%	0.49%	-1.68%	-21.57%	-26.15%	20.67%	-11.11%
Net Income Q/Q Growth	-31.69%	93.75%	-23.51%	24.86%	1.01%	-3.35%	-19.47%	-25.41%	19.00%	-5.69%
EPS Q/Q Growth	-31.37%	92.86%	-23.70%	25.24%	0.00%	-0.78%	-18.75%	-25.00%	19.23%	-5.38%
Operating Cash Flow Q/Q Growth	138.21%	-27.05%	-44.09%	-4.43%	44.98%	7.87%	-18.41%	-27.37%	28.60%	24.45%
Free Cash Flow Firm Q/Q Growth	72.73%	366.31%	-150.25%	-132.24%	-204.73%	-16.01%	25.80%	28.22%	41.04%	67.81%
Invested Capital Q/Q Growth	-7.18%	2.59%	11.50%	8.33%	5.64%	4.53%	2.44%	1.71%	1.76%	-0.11%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	48.27%	48.51%	46.82%	47.43%	47.26%	46.67%	45.83%	45.18%	45.37%	45.23%
EBITDA Margin	25.90%	43.60%	36.56%	39.42%	38.81%	37.82%	36.71%	31.86%	34.46%	34.75%
Operating Margin	19.36%	33.48%	28.83%	32.21%	31.50%	30.33%	28.20%	22.39%	25.28%	23.72%
EBIT Margin	19.41%	37.15%	29.01%	32.18%	31.55%	29.75%	28.25%	22.50%	25.07%	24.96%
Profit (Net Income) Margin	14.23%	28.73%	23.59%	27.55%	26.73%	27.92%	24.36%	19.50%	22.86%	22.05%
Tax Burden Percent	76.67%	79.17%	84.67%	84.68%	83.57%	92.22%	84.30%	84.16%	88.58%	85.83%
Interest Burden Percent	95.58%	97.67%	96.02%	101.13%	101.38%	101.75%	102.28%	103.00%	102.92%	102.91%
Effective Tax Rate	23.33%	20.83%	15.33%	15.32%	16.43%	7.78%	15.70%	15.84%	11.42%	14.17%
Return on Invested Capital (ROIC)	19.62%	34.37%	29.44%	31.02%	29.99%	30.41%	24.02%	17.39%	18.88%	16.14%
ROIC Less NNEP Spread (ROIC-NNEP)	18.48%	38.98%	28.06%	31.52%	31.19%	30.22%	25.45%	18.88%	20.05%	20.79%
Return on Net Nonoperating Assets (RNNOA)	4.49%	7.32%	5.73%	5.78%	3.46%	2.53%	2.67%	1.89%	1.73%	1.57%
Return on Equity (ROE)	24.11%	41.69%	35.17%	36.79%	33.44%	32.95%	26.69%	19.28%	20.61%	17.71%
Cash Return on Invested Capital (CROIC)	21.51%	27.01%	16.76%	12.33%	2.99%	0.21%	6.40%	8.57%	9.47%	11.21%
Operating Return on Assets (OROA)	15.63%	28.64%	21.52%	22.82%	21.58%	19.49%	17.89%	13.28%	13.60%	12.95%
Return on Assets (ROA)	11.45%	22.14%	17.50%	19.54%	18.28%	18.29%	15.43%	11.51%	12.40%	11.44%
Return on Common Equity (ROCE)	24.01%	41.55%	35.05%	36.67%	33.34%	32.86%	26.62%	19.23%	20.56%	17.67%
Return on Equity Simple (ROE_SIMPLE)	30.51%	0.00%	28.46%	28.00%	29.75%	0.00%	26.80%	23.24%	20.48%	0.00%
Net Operating Profit after Tax (NOPAT)	325	558	478	571	574	565	443	327	395	351
NOPAT Margin	14.84%	26.51%	24.41%	27.28%	26.33%	27.97%	23.77%	18.84%	22.39%	20.36%
Net Nonoperating Expense Percent (NNEP)	1.14%	-4.60%	1.37%	-0.51%	-1.20%	0.19%	-1.43%	-1.49%	-1.17%	-4.65%
Return On Investment Capital (ROIC_SIMPLE)	-	5.92%	-	-	-	5.06%	-	-	-	2.88%
Cost of Revenue to Revenue	51.73%	51.49%	53.18%	52.57%	52.74%	53.33%	54.17%	54.82%	54.63%	54.77%
SG&A Expenses to Revenue	3.87%	4.62%	3.87%	4.16%	5.08%	4.39%	5.12%	4.90%	5.42%	5.83%
R&D to Revenue	6.63%	6.48%	7.06%	6.94%	6.58%	7.44%	8.05%	9.02%	8.57%	9.01%
Operating Expenses to Revenue	28.91%	15.03%	17.99%	15.22%	15.76%	16.34%	17.63%	22.79%	20.09%	21.51%
Earnings before Interest and Taxes (EBIT)	426	782	569	674	688	600	526	390	442	430
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	568	917	716	826	846	763	684	553	607	599
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.77	4.36	5.51	5.85	5.36	4.62	3.90	3.54	3.71	3.05
Price to Tangible Book Value (P/TBV)	7.33	6.34	7.85	8.04	7.17	6.09	5.06	4.55	4.74	3.86
Price to Revenue (P/Rev)	3.35	3.24	4.26	4.89	4.81	4.36	3.88	3.78	4.32	3.79
Price to Earnings (P/E)	16.53	14.18	19.39	20.90	18.02	16.47	14.56	15.23	18.15	17.07
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	6.05%	7.05%	5.16%	4.79%	5.55%	6.07%	6.87%	6.57%	5.51%	5.86%
Enterprise Value to Invested Capital (EV/IC)	4.38	4.20	5.01	5.31	4.93	4.25	3.65	3.34	3.53	2.96
Enterprise Value to Revenue (EV/Rev)	3.44	3.28	4.36	5.00	4.91	4.47	3.98	3.87	4.40	3.85
Enterprise Value to EBITDA (EV/EBITDA)	10.15	9.06	12.39	13.78	12.38	11.70	10.40	10.61	12.46	11.15
Enterprise Value to EBIT (EV/EBIT)	12.82	11.14	15.36	17.03	15.09	14.57	13.04	13.69	16.58	15.23
Enterprise Value to NOPAT (EV/NOPAT)	15.56	14.35	19.84	21.60	18.78	16.85	15.08	15.83	18.80	17.98
Enterprise Value to Operating Cash Flow (EV/OCF)	10.99	10.36	14.19	16.47	19.51	18.64	15.69	14.81	16.76	14.29
Enterprise Value to Free Cash Flow (EV/FCFF)	21.16	15.73	31.37	46.07	186.76	2,304.46	62.82	41.69	39.21	27.19
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.57	0.52	0.54	0.50	0.46	0.43	0.41	0.40	0.39	0.38
Long-Term Debt to Equity	0.54	0.49	0.40	0.37	0.34	0.33	0.32	0.31	0.30	0.38
Financial Leverage	0.24	0.19	0.20	0.18	0.11	0.08	0.10	0.10	0.09	0.08
Leverage Ratio	2.04	2.00	1.96	1.90	1.85	1.80	1.76	1.72	1.69	1.64
Compound Leverage Factor	1.95	1.95	1.88	1.92	1.88	1.83	1.80	1.77	1.74	1.69
Debt to Total Capital	36.13%	34.13%	35.04%	33.17%	31.66%	30.10%	29.21%	28.69%	28.12%	27.64%
Short-Term Debt to Total Capital	1.86%	1.57%	9.30%	8.70%	8.31%	7.12%	6.91%	6.79%	6.65%	0.00%
Long-Term Debt to Total Capital	34.28%	32.56%	25.74%	24.46%	23.34%	22.98%	22.30%	21.90%	21.47%	27.64%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.23%	0.20%	0.19%	0.19%	0.18%	0.16%	0.16%	0.16%	0.17%	0.15%
Common Equity to Total Capital	63.63%	65.67%	64.77%	66.65%	68.17%	69.74%	70.63%	71.15%	71.71%	72.21%
Debt to EBITDA	1.17	1.07	1.19	1.15	1.05	1.07	1.08	1.18	1.29	1.38
Net Debt to EBITDA	0.28	0.10	0.27	0.28	0.24	0.28	0.24	0.24	0.23	0.15
Long-Term Debt to EBITDA	1.11	1.02	0.87	0.85	0.78	0.81	0.82	0.90	0.99	1.38
Debt to NOPAT	1.80	1.69	1.90	1.80	1.60	1.54	1.56	1.76	1.95	2.22
Net Debt to NOPAT	0.43	0.16	0.43	0.44	0.37	0.40	0.35	0.36	0.34	0.25
Long-Term Debt to NOPAT	1.71	1.61	1.40	1.33	1.18	1.17	1.19	1.35	1.49	2.22
Altman Z-Score	4.70	4.59	5.36	6.00	5.92	5.79	5.38	5.13	5.39	4.93
Noncontrolling Interest Sharing Ratio	0.42%	0.35%	0.34%	0.32%	0.31%	0.26%	0.26%	0.25%	0.25%	0.22%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.02	2.78	2.22	2.39	2.44	2.71	2.87	3.01	3.07	5.06
Quick Ratio	1.88	1.82	1.39	1.44	1.46	1.57	1.63	1.70	1.80	3.11
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-146	390	-196	-455	-1,386	-1,608	-1,193	-856	-505	-162
Operating Cash Flow to CapEx	400.48%	194.86%	121.52%	94.62%	141.51%	98.34%	213.30%	253.64%	292.04%	336.64%
Free Cash Flow to Firm to Interest Expense	-6.17	14.27	-4.93	-27.73	-85.54	-101.75	-76.47	-54.54	-32.16	-10.62
Operating Cash Flow to Interest Expense	42.30	26.79	10.30	23.83	34.98	38.68	31.97	23.07	29.67	37.89
Operating Cash Flow Less CapEx to Interest Expense	31.73	13.04	1.82	-1.35	10.26	-0.65	16.98	13.97	19.51	26.63
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.81	0.77	0.74	0.71	0.68	0.66	0.63	0.59	0.54	0.52
Accounts Receivable Turnover	10.23	10.08	9.31	8.02	9.19	9.29	9.30	8.51	7.27	6.76
Inventory Turnover	2.88	2.84	2.60	2.47	2.39	2.34	2.19	2.00	1.85	1.78
Fixed Asset Turnover	3.11	2.79	2.67	2.49	2.36	2.10	2.02	1.86	1.70	1.62
Accounts Payable Turnover	6.01	5.71	5.06	5.13	5.14	5.54	5.28	5.49	5.30	5.95
Days Sales Outstanding (DSO)	35.68	36.20	39.20	45.51	39.73	39.31	39.25	42.87	50.18	54.00
Days Inventory Outstanding (DIO)	126.75	128.69	140.28	147.64	152.63	155.73	166.74	182.60	197.50	205.52
Days Payable Outstanding (DPO)	60.73	63.88	72.09	71.20	71.02	65.90	69.10	66.49	68.86	61.37
Cash Conversion Cycle (CCC)	101.69	101.02	107.39	121.95	121.35	129.15	136.89	158.99	178.82	198.14
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	6,341	6,505	7,253	7,857	8,300	8,677	8,888	9,040	9,200	9,190
Invested Capital Turnover	1.32	1.30	1.21	1.14	1.14	1.09	1.01	0.92	0.84	0.79
Increase / (Decrease) in Invested Capital	472	168	674	1,026	1,960	2,172	1,636	1,183	899	513
Enterprise Value (EV)	27,786	27,286	36,364	41,720	40,927	36,870	32,442	30,193	32,481	27,240
Market Capitalization	27,004	26,970	35,560	40,847	40,111	35,976	31,678	29,492	31,865	26,847
Book Value per Share	$13.06	$14.31	$14.93	$16.17	$17.34	$18.07	$18.98	$19.38	$20.04	$20.66
Tangible Book Value per Share	$8.50	$9.83	$10.49	$11.76	$12.96	$13.71	$14.62	$15.08	$15.70	$16.32
Total Capital	8,888	9,424	9,955	10,479	10,980	11,160	11,503	11,721	11,970	12,181
Total Debt	3,212	3,217	3,488	3,476	3,476	3,359	3,360	3,363	3,366	3,367
Total Long-Term Debt	3,047	3,069	2,562	2,564	2,563	2,565	2,565	2,567	2,570	3,367
Net Debt	762	298	786	854	796	876	746	682	596	375
Capital Expenditures (CapEx)	250	375	337	413	400	622	234	143	160	172
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,264	897	1,360	1,739	1,824	2,040	2,190	2,342	2,442	2,426
Debt-free Net Working Capital (DFNWC)	3,714	3,816	4,063	4,362	4,504	4,523	4,805	5,023	5,213	5,417
Net Working Capital (NWC)	3,548	3,668	3,136	3,450	3,591	3,729	4,010	4,227	4,416	5,417
Net Nonoperating Expense (NNE)	14	-47	16	-5.76	-8.77	1.11	-11	-11	-8.15	-29
Net Nonoperating Obligations (NNO)	664	298	786	854	796	876	746	682	596	375
Total Depreciation and Amortization (D&A)	142	136	148	152	158	163	158	163	165	169
Debt-free, Cash-free Net Working Capital to Revenue	15.66%	10.77%	16.31%	20.83%	21.88%	24.71%	26.86%	30.03%	33.10%	34.25%
Debt-free Net Working Capital to Revenue	46.03%	45.83%	48.71%	52.23%	54.01%	54.80%	58.91%	64.42%	70.65%	76.49%
Net Working Capital to Revenue	43.98%	44.05%	37.60%	41.31%	43.06%	45.18%	49.17%	54.21%	59.86%	76.49%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.72	$1.40	$1.07	$1.34	$1.35	$1.31	$1.06	$0.79	$0.94	$0.89
Adjusted Weighted Average Basic Shares Outstanding	432.90M	433.20M	431.90M	431.70M	431.20M	430.70M	428.10M	429.10M	427M	427.40M
Adjusted Diluted Earnings per Share	$0.70	$1.35	$1.03	$1.29	$1.29	$1.28	$1.04	$0.78	$0.93	$0.88
Adjusted Weighted Average Diluted Shares Outstanding	448.70M	448.20M	448.50M	448.70M	450.70M	446.80M	436.50M	433.20M	431.70M	432.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	432.42M	431.97M	431.87M	431.53M	430.70M	427.33M	430.23M	428.36M	425.80M	421.42M
Normalized Net Operating Profit after Tax (NOPAT)	565	551	522	574	582	575	444	388	420	377
Normalized NOPAT Margin	25.76%	26.22%	26.63%	27.38%	26.69%	28.49%	23.83%	22.36%	23.86%	21.90%
Pre Tax Income Margin	18.55%	36.29%	27.86%	32.54%	31.98%	30.27%	28.89%	23.17%	25.80%	25.69%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	17.96	28.63	14.32	41.09	42.47	38.00	33.73	24.87	28.13	28.10
NOPAT to Interest Expense	13.73	20.42	12.05	34.84	35.44	35.73	28.38	20.83	25.13	22.92
EBIT Less CapEx to Interest Expense	7.40	14.88	5.84	15.91	17.75	-1.34	18.74	15.77	17.97	16.85
NOPAT Less CapEx to Interest Expense	3.17	6.68	3.57	9.66	10.72	-3.61	13.39	11.73	14.97	11.67
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	9.80%	13.65%	19.83%	17.09%	16.03%	25.81%	25.73%	33.54%	42.67%	41.54%

Frequently Asked Questions About Onsemi's Financials

When does Onsemi's financial year end?

According to the most recent income statement we have on file, Onsemi's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Onsemi's net income changed over the last 9 years?

Onsemi's net income appears to be on an upward trend, with a most recent value of $1.57 billion in 2024, rising from $209 million in 2015. The previous period was $2.19 billion in 2023.

What is Onsemi's operating income?

Onsemi's total operating income in 2024 was $1.77 billion, based on the following breakdown:

Total Gross Profit: $3.22 billion
Total Operating Expenses: $1.45 billion

How has Onsemi revenue changed over the last 9 years?

Over the last 9 years, Onsemi's total revenue changed from $3.50 billion in 2015 to $7.08 billion in 2024, a change of 102.6%.

How much debt does Onsemi have?

Onsemi's total liabilities were at $5.28 billion at the end of 2024, a 2.6% decrease from 2023, and a 135.7% increase since 2015.

How much cash does Onsemi have?

In the past 9 years, Onsemi's cash and equivalents has ranged from $617.60 million in 2015 to $2.92 billion in 2022, and is currently $2.69 billion as of their latest financial filing in 2024.

How has Onsemi's book value per share changed over the last 9 years?

Over the last 9 years, Onsemi's book value per share changed from 3.90 in 2015 to 20.66 in 2024, a change of 430.1%.

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This page (NASDAQ:ON) was last updated on 4/21/2025 by MarketBeat.com Staff

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Onsemi (ON) Financials

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Onsemi (ON) Financials

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