ON Semiconductor (ON) Financial Statements

Price: $39.63
Market Cap: $16.73B
Avg Volume: 10.27M
Country: US
Industry: Semiconductors
Sector: Technology
Beta: 1.474
52W Range: $31.04-80.08
Website: ON Semiconductor

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of ON Semiconductor.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$10.00B$10.00B$8.00B$8.00B$6.00B$6.00B$4.00B$4.00B$2.00B$2.00B$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Operating Expenses
Operating Income
Operating Expenses & Income$3.00B$3.00B$2.40B$2.40B$1.80B$1.80B$1.20B$1.20B$600.00M$600.00M$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Revenue $7.08B $8.25B $8.33B $6.74B $5.25B $5.52B $5.88B $5.54B $3.91B $3.50B
Cost of Revenue $3.87B $4.37B $4.25B $4.03B $3.54B $3.54B $3.64B $3.51B $2.61B $2.30B
Gross Profit $3.22B $3.88B $4.08B $2.71B $1.72B $1.97B $2.24B $2.03B $1.30B $1.19B
Gross Profit Ratio 45.41% 47.06% 48.97% 40.27% 32.65% 35.77% 38.08% 36.69% 33.20% 34.13%
Research and Development Expenses $612.70M $577.30M $600.20M $655.00M $642.90M $640.90M $650.70M $594.40M $452.30M $396.70M
General and Administrative Expenses $376.30M $362.40M $343.20M $304.80M $258.70M $284.00M $293.30M $284.90M $230.30M $182.30M
Selling and Marketing Expenses $273.50M $279.10M $287.90M $293.60M $278.70M $301.00M $324.70M $315.90M $238.00M $204.30M
Selling General and Administrative Expenses $649.80M $641.50M $631.10M $598.40M $537.40M $585.00M $618.00M $600.80M $468.30M $386.60M
Other Expenses $185.90M $126.00M $81.20M $99.00M $120.30M $115.20M $-7.10M $-8.10M $-600.00K $7.70M
Operating Expenses $1.45B $1.34B $1.31B $1.35B $1.30B $1.34B $1.38B $1.32B $1.03B $919.00M
Cost and Expenses $5.31B $5.71B $5.56B $5.38B $4.84B $4.89B $5.02B $4.83B $3.64B $3.22B
Interest Income $111.40M $93.10M $15.50M $1.40M $4.90M $10.20M $6.10M $3.00M $4.50M $1.10M
Interest Expense $62.30M $74.80M $94.90M $130.40M $168.40M $148.30M $128.20M $141.20M $145.30M $49.70M
Depreciation and Amortization $-7.40M $609.50M $551.80M $596.70M $625.10M $593.10M $508.70M $481.90M $364.10M $135.70M
EBITDA $1.77B $3.22B $3.34B $1.98B $1.04B $1.21B $1.37B $1.20B $727.80M $631.80M
EBITDA Ratio 24.96% 39.02% 40.10% 29.40% 19.86% 21.94% 23.25% 21.59% 18.63% 18.07%
Operating Income $1.77B $2.54B $2.36B $1.29B $348.70M $630.90M $847.20M $680.90M $236.10M $261.10M
Operating Income Ratio 24.96% 30.76% 28.34% 19.10% 6.64% 11.43% 14.41% 12.28% 6.04% 7.47%
Total Other Income Expenses Net $69.70M $-2.90M $2.20M $-129.80M $-172.10M $-156.10M $-92.20M $-133.40M $-66.20M $-41.30M
Income Before Tax $1.84B $2.54B $2.36B $1.16B $176.60M $276.60M $755.00M $547.50M $180.60M $219.80M
Income Before Tax Ratio 25.94% 30.73% 28.37% 17.18% 3.36% 5.01% 12.84% 9.88% 4.62% 6.29%
Income Tax Expense $262.80M $350.20M $458.40M $146.60M $-59.80M $62.70M $125.10M $-265.50M $-3.90M $10.80M
Net Income $1.57B $2.18B $1.90B $1.01B $234.20M $211.70M $627.40M $810.70M $182.10M $206.20M
Net Income Ratio 22.21% 26.46% 22.85% 14.98% 4.46% 3.84% 10.67% 14.63% 4.66% 5.90%
EPS $3.68 $5.07 $4.39 $2.37 $0.57 $0.52 $1.48 $1.92 $0.44 $0.49
EPS Diluted $3.63 $4.89 $4.25 $2.27 $0.56 $0.51 $1.44 $1.89 $0.43 $0.48
Weighted Average Shares Outstanding 427.40M 430.70M 433.20M 425.70M 410.70M 410.90M 423.80M 421.90M 415.20M 421.20M
Weighted Average Shares Outstanding Diluted 432.70M 446.80M 448.20M 443.80M 418.80M 416.00M 435.90M 428.30M 420.00M 427.80M
SEC Filing Source Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$16.00B$16.00B$12.00B$12.00B$8.00B$8.00B$4.00B$4.00B$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Equity$10.00B$10.00B$8.00B$8.00B$6.00B$6.00B$4.00B$4.00B$2.00B$2.00B$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Cash and Cash Equivalents $2.69B $2.48B $2.92B $1.35B $1.08B $894.20M $1.07B $949.20M $1.03B $617.60M
Short Term Investments $300.00M $- $22.00M $- $- $- $- $- $- $-
Cash and Short Term Investments $2.99B $2.48B $2.92B $1.35B $1.08B $894.20M $1.07B $949.20M $1.03B $617.60M
Net Receivables $1.16B $935.40M $842.30M $809.40M $676.00M $705.00M $686.00M $701.50M $629.80M $426.40M
Inventory $2.24B $2.11B $1.62B $1.38B $1.25B $1.23B $1.23B $1.09B $1.03B $750.40M
Other Current Assets $358.60M $382.10M $351.30M $240.10M $176.00M $188.40M $187.00M $193.00M $181.00M $97.10M
Total Current Assets $6.75B $5.91B $5.73B $3.78B $3.19B $3.02B $3.17B $2.93B $2.87B $1.89B
Property Plant Equipment Net $4.40B $4.44B $3.50B $2.52B $2.51B $2.59B $2.55B $2.28B $2.16B $1.27B
Goodwill $1.59B $1.58B $1.58B $1.94B $1.66B $1.66B $932.50M $916.90M $930.10M $270.60M
Intangible Assets $257.90M $299.30M $359.70M $495.70M $469.00M $590.50M $566.40M $628.30M $756.70M $325.80M
Goodwill and Intangible Assets $1.85B $1.88B $1.94B $2.43B $2.13B $2.25B $1.50B $1.55B $1.69B $596.40M
Long Term Investments $- $12.00M $14.00M $- $- $- $- $- $- $-
Tax Assets $729.90M $600.80M $376.70M $366.30M $419.10M $307.80M $266.20M $339.10M $138.90M $-
Other Non-Current Assets $360.20M $369.30M $424.60M $520.60M $410.20M $256.40M $105.10M $98.50M $70.50M $107.60M
Total Non-Current Assets $7.34B $7.30B $6.25B $5.84B $5.47B $5.41B $4.42B $4.26B $4.06B $1.98B
Other Assets $- $- $- $- $- $- $- $- $- $-
Total Assets $14.09B $13.22B $11.98B $9.63B $8.66B $8.43B $7.59B $7.20B $6.92B $3.87B
Account Payables $574.50M $725.60M $852.10M $635.10M $572.90M $543.60M $671.70M $548.00M $434.00M $337.70M
Short Term Debt $- $794.80M $197.20M $205.90M $563.80M $762.10M $138.50M $248.10M $553.80M $543.40M
Tax Payables $25.10M $37.40M $34.80M $23.60M $25.50M $22.50M $38.20M $29.90M $30.00M $-
Deferred Revenue $- $37.40M $- $- $- $- $- $- $109.80M $112.00M
Other Current Liabilities $735.20M $625.80M $977.30M $678.80M $512.30M $490.20M $620.90M $582.90M $375.00M $246.20M
Total Current Liabilities $1.33B $2.18B $2.06B $1.54B $1.68B $1.82B $1.47B $1.41B $1.50B $1.24B
Long Term Debt $3.37B $2.56B $3.07B $3.06B $3.08B $2.96B $2.63B $2.70B $3.07B $850.50M
Deferred Revenue Non-Current $- $- $- $- $- $- $- $- $32.90M $-
Deferred Tax Liabilities Non-Current $37.60M $38.70M $34.10M $43.20M $47.50M $60.20M $54.80M $55.10M $288.90M $-
Other Non-Current Liabilities $536.30M $627.30M $607.30M $378.70M $302.70M $258.30M $241.80M $226.40M $219.40M $147.90M
Total Non-Current Liabilities $3.94B $3.23B $3.71B $3.48B $3.43B $3.28B $2.92B $2.99B $3.58B $998.40M
Other Liabilities $- $- $- $- $- $- $- $- $- $-
Total Liabilities $5.28B $5.41B $5.77B $5.02B $5.11B $5.10B $4.39B $4.39B $5.08B $2.24B
Preferred Stock $- $- $- $- $- $- $- $- $32.90M $-
Common Stock $6.20M $6.20M $6.10M $6.00M $5.70M $5.70M $5.60M $5.50M $5.40M $5.30M
Retained Earnings $- $6.55B $4.36B $2.44B $1.43B $1.19B $979.60M $351.50M $-527.30M $-709.40M
Accumulated Other Comprehensive Income Loss $-62.40M $-45.20M $-23.20M $-40.60M $-57.60M $-54.30M $-37.90M $-40.60M $-50.20M $-42.30M
Other Total Stockholders Equity $8.85B $1.27B $1.84B $2.18B $2.16B $2.16B $2.22B $2.46B $2.40B $2.35B
Total Stockholders Equity $8.80B $7.78B $6.19B $4.59B $3.54B $3.30B $3.17B $2.78B $1.82B $1.61B
Total Equity $8.81B $7.80B $6.21B $4.60B $3.56B $3.32B $3.19B $2.80B $1.84B $1.63B
Total Liabilities and Stockholders Equity $14.09B $13.22B $11.98B $9.63B $8.66B $8.43B $7.59B $7.20B $6.92B $3.87B
Minority Interest $18.10M $18.00M $18.50M $19.00M $19.60M $22.40M $22.50M $22.20M $21.80M $23.70M
Total Liabilities and Total Equity $14.09B $13.22B $11.98B $9.63B $8.66B $8.43B $7.59B $7.20B $6.92B $3.87B
Total Investments $300.00M $12.00M $36.00M $- $- $- $- $- $- $-
Total Debt $3.37B $3.36B $3.23B $3.07B $3.49B $3.61B $2.77B $2.95B $3.62B $1.39B
Net Debt $675.60M $876.80M $311.70M $1.72B $2.41B $2.72B $1.70B $2.00B $2.59B $776.30M

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$3.00B$3.00B$2.00B$2.00B$1.00B$1.00B$0.00$0.00-$1.00B-$1.00B-$2.00B-$2.00B-$3.00B-$3.00B20162016201720172018201820192019202020202021202120222022202320232024202420252025
Financing Cash Flow$2.40B$2.40B$1.60B$1.60B$800.00M$800.00M$0.00$0.00-$800.00M-$800.00M-$1.60B-$1.60B20162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Net Income $1.57B $2.19B $1.90B $1.01B $236.40M $213.90M $629.90M $813.00M $184.50M $209.00M
Depreciation and Amortization $642.90M $609.50M $551.80M $596.70M $625.10M $593.10M $508.70M $481.90M $364.10M $357.60M
Deferred Income Tax $-129.60M $-127.70M $3.10M $62.40M $-182.30M $11.20M $69.20M $-348.30M $-38.10M $-9.20M
Stock Based Compensation $136.10M $121.10M $100.80M $101.30M $67.70M $79.40M $78.30M $69.80M $56.10M $46.90M
Change in Working Capital $-382.00M $-862.70M $-250.40M $-58.90M $1.20M $-266.70M $-125.40M $-94.00M $23.10M $-204.10M
Accounts Receivables $-244.30M $-112.80M $-47.80M $-136.30M $-47.20M $4.70M $-2.70M $-57.90M $28.10M $-11.30M
Inventory $-129.60M $-495.20M $-235.20M $-122.80M $-26.30M $34.60M $-185.20M $-126.90M $-7.90M $-72.50M
Accounts Payables $-62.50M $-91.70M $38.20M $70.70M $34.20M $-79.90M $44.80M $51.80M $42.40M $-32.20M
Other Working Capital $54.40M $-163.00M $-5.60M $129.50M $40.50M $-226.10M $17.70M $39.00M $-39.50M $-88.10M
Other Non Cash Items $64.40M $51.70M $324.00M $69.30M $136.20M $63.80M $113.50M $171.80M $-8.50M $70.40M
Net Cash Provided by Operating Activities $1.91B $1.98B $2.63B $1.78B $884.30M $694.70M $1.27B $1.09B $581.20M $470.60M
Investments in Property Plant and Equipment $-694.00M $-1.58B $-1.04B $-492.00M $-483.60M $-634.60M $-514.80M $-395.70M $-212.90M $-272.20M
Acquisitions Net $-20.50M $-236.30M $260.70M $-392.40M $21.50M $-882.80M $-87.10M $19.20M $-2.18B $-31.30M
Purchases of Investments $-1.05B $- $-18.00M $-48.90M $- $- $- $-1.60M $-67.70M $-800.00K
Sales Maturities of Investments $750.00M $33.50M $28.80M $4.20M $- $- $- $14.30M $23.80M $8.30M
Other Investing Activities $4.70M $40.50M $59.10M $14.00M $8.50M $6.50M $53.00M $-700.00K $-41.70M $31.50M
Net Cash Used for Investing Activities $-1.01B $-1.74B $-705.40M $-915.10M $-453.60M $-1.51B $-548.90M $-364.50M $-2.43B $-264.50M
Debt Repayment $-2.20M $106.30M $-41.50M $-647.30M $-165.90M $809.60M $-286.70M $-878.80M $2.26B $169.40M
Common Stock Issued $- $- $22.90M $23.50M $23.60M $- $- $- $29.90M $-
Common Stock Repurchased $-654.10M $-564.20M $-259.80M $-38.90M $-65.40M $-139.00M $-315.30M $-25.00M $-12.30M $-348.20M
Dividends Paid $- $- $- $- $- $- $- $- $- $-
Other Financing Activities $-27.50M $-228.60M $-68.70M $116.80M $-12.70M $-47.50M $-3.10M $92.90M $6.50M $79.00M
Net Cash Used Provided by Financing Activities $-683.80M $-686.50M $-370.00M $-569.40M $-244.00M $623.10M $-605.10M $-810.90M $2.26B $-99.80M
Effect of Forex Changes on Cash $-4.40M $-1.10M $-2.40M $-1.30M $600.00K $200.00K $300.00K $2.30M $-800.00K $-400.00K
Net Change in Cash $208.40M $-448.00M $1.56B $296.20M $187.30M $-192.90M $120.50M $-78.90M $410.50M $105.90M
Cash at End of Period $2.69B $2.48B $2.93B $1.38B $1.08B $894.20M $1.09B $949.20M $1.03B $617.60M
Cash at Beginning of Period $2.48B $2.93B $1.38B $1.08B $894.20M $1.09B $966.60M $1.03B $617.60M $511.70M
Operating Cash Flow $1.91B $1.98B $2.63B $1.78B $884.30M $694.70M $1.27B $1.09B $581.20M $470.60M
Capital Expenditure $-694.00M $-1.58B $-1.04B $-492.00M $-483.60M $-634.60M $-514.80M $-395.70M $-212.90M $-272.20M
Free Cash Flow $1.21B $401.90M $1.60B $1.29B $400.70M $60.10M $759.40M $698.50M $368.30M $198.40M