ON Semiconductor Corporation (ON)
NASDAQ: ON · Real-Time Price · USD
74.09
+1.48 (2.04%)
At close: Aug 31, 2026, 4:00 PM EDT
72.98
-1.11 (-1.50%)
Pre-market: Sep 1, 2026, 4:29 AM EDT
ON Semiconductor Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 3, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 630.2 | 121 | 1,573 | 2,184 | 1,902 | 1,010 |
Depreciation & Amortization | 652.9 | 686 | 642.9 | 609.5 | 551.8 | 596.7 |
Other Amortization | 12.4 | 11.4 | 11.1 | 11.3 | 11 | 10.7 |
Loss (Gain) From Sale of Assets | 5.2 | 0.8 | 5.5 | 12.3 | -99.6 | -10.2 |
Asset Writedown & Restructuring Costs | 323.7 | 496 | 37.8 | 19.5 | 405.4 | 10.8 |
Stock-Based Compensation | 150.7 | 144.3 | 136.1 | 121.1 | 100.8 | 101.3 |
Other Operating Activities | -176.3 | -192.7 | -117.8 | -117.2 | 11.9 | 122 |
Change in Accounts Receivable | -33.6 | 163.5 | -244.3 | -112.8 | -47.8 | -136.3 |
Change in Inventory | 39.6 | 273.4 | -129.6 | -495.2 | -235.2 | -122.8 |
Change in Accounts Payable | 37.9 | 136.9 | -62.5 | -91.7 | 38.2 | 70.7 |
Change in Other Net Operating Assets | 29.3 | -80.8 | 54.4 | -163 | -5.6 | 129.5 |
Operating Cash Flow | 1,672 | 1,760 | 1,906 | 1,978 | 2,633 | 1,782 |
Operating Cash Flow Growth | -8.74% | -7.69% | -3.60% | -24.90% | 47.76% | 101.52% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 3, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -171.6 | -341.2 | -694 | -1,539 | -1,036 | -492 |
Sale of Property, Plant & Equipment | 34.1 | 32.2 | 6.2 | 4 | 59.1 | 14 |
Cash Acquisitions | -20 | -124.5 | -20.5 | -236.3 | -2.4 | -399.4 |
Divestitures | - | - | - | - | 263.1 | 7 |
Investment in Securities | -50 | -100 | -300 | 33.5 | 10.8 | -44.7 |
Other Investing Activities | -3.8 | -5 | -1.5 | - | - | - |
Investing Cash Flow | -211.3 | -538.5 | -1,010 | -1,738 | -705.4 | -915.1 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 3, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | - | - | 1,845 | 500 | 787.3 |
Long-Term Debt Repaid | - | -376.7 | -2.2 | -1,739 | -541.5 | -1,271 |
Net Debt Issued (Repaid) | 1,098 | -376.7 | -2.2 | 106.3 | -41.5 | -483.2 |
Issuance of Common Stock | 23.5 | 22.1 | 25.2 | 25.8 | 22.9 | 23.5 |
Repurchase of Common Stock | -1,515 | -1,407 | -705.1 | -631 | -337.9 | -38.9 |
Other Financing Activities | -73.9 | -2.5 | -1.7 | -187.6 | -13.5 | -70.8 |
Financing Cash Flow | -468 | -1,764 | -683.8 | -686.5 | -370 | -569.4 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 3, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -6.4 | -1.9 | -4.4 | -1.1 | -2.4 | -1.3 |
Net Cash Flow | 986.3 | -544.4 | 208.4 | -448 | 1,555 | 296.2 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 3, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 1,500 | 1,419 | 1,212 | 438.4 | 1,597 | 1,290 |
Free Cash Flow Growth | 16.55% | 17.01% | 176.55% | -72.55% | 23.81% | 221.94% |
Free Cash Flow Margin | 24.21% | 23.66% | 17.12% | 5.31% | 19.18% | 19.14% |
Free Cash Flow Per Share | 3.72 | 3.44 | 2.80 | 0.98 | 3.56 | 2.91 |
Levered Free Cash Flow | 1,657 | 1,560 | 863.03 | -372.7 | 1,498 | 902.09 |
Unlevered Free Cash Flow | 1,683 | 1,593 | 890.86 | -337.25 | 1,546 | 972.89 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 3, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 47.6 | 58.3 | 62.7 | 73.2 | 80.7 | 96.9 |
Cash Income Tax Paid | 178.5 | 167.6 | 347.5 | 428.2 | 443.2 | 88.2 |
Change in Working Capital | 73.2 | 493 | -382 | -862.7 | -250.4 | -58.9 |