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ON Semiconductor (MEX:ON) Tax Rate % : 14.17% (As of Dec. 2024)


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What is ON Semiconductor Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ON Semiconductor's Tax Expense for the three months ended in Dec. 2024 was MXN1,308 Mil. ON Semiconductor's Pre-Tax Income for the three months ended in Dec. 2024 was MXN9,229 Mil. Therefore, ON Semiconductor's Tax Rate % for the quarter that ended in Dec. 2024 was 14.17%.

ON Semiconductor Tax Rate % Historical Data

The historical data trend for ON Semiconductor's Tax Rate % 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.

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ON Semiconductor Tax Rate % Chart

ON Semiconductor Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.86 12.66 19.41 13.81 14.30

ON Semiconductor Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % 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 7.78 15.70 15.84 11.42 14.17

ON Semiconductor Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

ON Semiconductor's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=5480.878/38320.263
=14.30 %

ON Semiconductor's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=1307.652/9228.647
=14.17 %

* 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 Tax Rate % Related Terms

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ON Semiconductor Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ON Semiconductor Corp (MEX:ON) » Definitions » Tax Rate %
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Traded in Other Exchanges
ON:USA 1ON:Italy 0KC4:UK XS4:Germany XS4:Germany XS4:Germany ONSE:Austria
Address
5701 North Pima Road, Scottsdale, AZ, USA, 85250
Website
https://www.onsemi.com
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.