ON (ON Semiconductor) FCF Margin %: 14.35% (As of Mar. 2026) — 12% Above Median


ON ON Semiconductor Corp ON
76 GF Score
Price $115.74
GF Value $60.50
Valuation Significantly Overvalued
! 7 Warning Signs
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What is ON Semiconductor FCF Margin %?

ON Semiconductor ON -1.09% 76 FCF Margin % is 14.35% as of Mar. 2026, which is 12% above its 10-year median of 12.84. GuruFocus rates ON with a GF Score™ of 76/100 and a GF Value™ of $60.50 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,022 Semiconductors companies, ON Semiconductor ranks better than 87.87% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. ON Semiconductor's Free Cash Flow for the three months ended in Mar. 2026 was $217 Mil. ON Semiconductor's Revenue for the three months ended in Mar. 2026 was $1,513 Mil. Therefore, ON Semiconductor's FCF Margin % for the quarter that ended in Mar. 2026 was 14.35%.

As of today, ON Semiconductor's current FCF Yield % is 2.62%.

The historical rank and industry rank for ON Semiconductor's FCF Margin % or its related term are showing as below:

ON' s FCF Margin % Range Over the Past 10 Years
Min: 1.09   Med: 12.84   Max: 23.66
Current: 19.48


During the past 13 years, the highest FCF Margin % of ON Semiconductor was 23.66%. The lowest was 1.09%. And the median was 12.84%.

ON's FCF Margin % is ranked better than
87.87% of 1022 companies
in the Semiconductors industry
Industry Median: -0.8 vs ON: 19.48


ON Semiconductor FCF Margin % Related Terms


ON Semiconductor FCF Margin % Historical Data

* Premium members only.

The historical data trend for ON Semiconductor's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ON Semiconductor FCF Margin % Chart

ON Semiconductor Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.14 19.18 5.31 17.12 23.66

ON Semiconductor Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.45 7.22 24.01 31.72 14.35

ON vs GFS, CRDO, MCHP: FCF Margin % Comparison

For the Semiconductors subindustry, ON Semiconductor's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ON Semiconductor FCF Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, ON Semiconductor's FCF Margin % distribution charts can be found below:

* The bar in red indicates where ON Semiconductor's FCF Margin % falls into.


ON
76GF Score
ON Semiconductor Corp ON
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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ON Semiconductor FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

ON Semiconductor's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1418.6/5995.4
=23.66 %

ON Semiconductor's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=217.2/1513.3
=14.35 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 14.35% mean?
ON Semiconductor (ON) has a FCF Margin % of 14.35% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on ON Semiconductor and its competitors. This is 12% above median its historical median of 12.84. Over the past decade, ON Semiconductor's FCF Margin % has ranged from 1.09 to 23.66. According to the industry distribution chart, ON Semiconductor ranks #124 out of 1022 companies in the Semiconductors industry, placing it in the top 12.1%.
Is ON Semiconductor's FCF Margin % too high?
ON Semiconductor's current FCF Margin % of 14.35% is 12% above median its 10-year median of 12.84. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 23.66. Based on the distribution chart, ON Semiconductor ranks #124 out of 1022 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, ON Semiconductor has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ON Semiconductor's FCF Margin % compare to GFS and CRDO?
According to the Semiconductors industry distribution chart, ON Semiconductor ranks #124 out of 1022 companies for FCF Margin %. This places ON Semiconductor in the top 12% of its industry — outperforming the majority of peers. Historically, ON Semiconductor's own FCF Margin % has ranged from 1.09 to 23.66 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Semiconductors company?
A good FCF Margin % depends on the Semiconductors industry context. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on ON Semiconductor and its competitors. ON Semiconductor's current FCF Margin % is 14.35%, which is 12% above median its own 10-year median of 12.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ON Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, ON Semiconductor (ON) is currently considered Significantly Overvalued. The stock's GF Value™ is $60.50, compared to a current price of $115.74 — trading 91.3% above its estimated fair value. The current FCF Margin % is 14.35%, which is 12% above median its 10-year median of 12.84. ON Semiconductor's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For ON Semiconductor (ON), the current FCF Margin % is 14.35% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ON Semiconductor (ON) Overvalued in 2026?

Based on GuruFocus' analysis, ON Semiconductor stock appears to be overvalued. The current stock price of $115.74 is trading 91.3% above its estimated GF Value™ of $60.50. GuruFocus considers ON Semiconductor to be Significantly Overvalued.

Key valuation signals for ON:

  • FCF Margin %: 14.35% (12% above median its 10-year median of 12.84)
  • GF Value™: $60.50 vs. price of $115.74 (91.3% above fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the ON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ON Semiconductor Business Description

Address 5701 North Pima Road, Scottsdale, AZ, USA, 85250
Onsemi is a supplier of power semiconductors and sensors focused on the automotive and industrial markets. Onsemi is the second-largest power chipmaker in the world and the largest supplier of image sensors to the automotive market. While the firm used to be highly vertically integrated, it now pursues a hybrid manufacturing strategy for flexible capacity. Onsemi is pivoting to focus on emerging applications like electric vehicles, autonomous vehicles, industrial automation, and renewable energy.
76GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$115.74
Price
$60.50
GF Value