ON Semiconductor Corporation (ON)

ON Semiconductor Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 2, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	689.1	121	1,573	2,184	1,902	1,010
Depreciation & Amortization	641.4	686	642.9	609.5	551.8	596.7
Other Amortization	13.8	11.4	11.1	11.3	11	10.7
Loss (Gain) From Sale of Assets	0.6	0.8	5.5	12.3	-99.6	-10.2
Asset Writedown & Restructuring Costs	311.2	496	37.8	19.5	405.4	10.8
Stock-Based Compensation	149.6	144.3	136.1	121.1	100.8	101.3
Other Operating Activities	-102.4	-192.7	-117.8	-117.2	11.9	122
Change in Accounts Receivable	14.5	163.5	-244.3	-112.8	-47.8	-136.3
Change in Inventory	-26.3	273.4	-129.6	-495.2	-235.2	-122.8
Change in Accounts Payable	17.1	136.9	-62.5	-91.7	38.2	70.7
Change in Other Net Operating Assets	61.1	-80.8	54.4	-163	-5.6	129.5
Operating Cash Flow	1,770	1,760	1,906	1,978	2,633	1,782
Operating Cash Flow Growth	-0.86%	-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	Oct 2, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-153.1	-341.2	-694	-1,539	-1,036	-492
Sale of Property, Plant & Equipment	42.5	32.2	6.2	4	59.1	14
Cash Acquisitions	-20	-124.5	-20.5	-236.3	-2.4	-399.4
Divestitures	31.7	-	-	-	263.1	7
Investment in Securities	190	-100	-300	33.5	10.8	-44.7
Other Investing Activities	2.9	-5	-1.5	-	-	-
Investing Cash Flow	94	-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	Oct 2, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	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	24.1	22.1	25.2	25.8	22.9	23.5
Repurchase of Common Stock	-1,214	-1,407	-705.1	-631	-337.9	-38.9
Other Financing Activities	-81	-2.5	-1.7	-187.6	-13.5	-70.8
Financing Cash Flow	-173.4	-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	Oct 2, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-5.2	-1.9	-4.4	-1.1	-2.4	-1.3
Net Cash Flow	1,685	-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	Oct 2, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	1,617	1,419	1,212	438.4	1,597	1,290
Free Cash Flow Growth	19.25%	17.01%	176.55%	-72.55%	23.81%	221.94%
Free Cash Flow Margin	25.38%	23.66%	17.12%	5.31%	19.18%	19.14%
Free Cash Flow Per Share	4.03	3.44	2.80	0.98	3.56	2.91
Levered Free Cash Flow	1,614	1,560	863.03	-372.7	1,498	902.09
Unlevered Free Cash Flow	1,636	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	Oct 2, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	41.8	58.3	62.7	73.2	80.7	96.9
Cash Income Tax Paid	207.2	167.6	347.5	428.2	443.2	88.2
Change in Working Capital	66.4	493	-382	-862.7	-250.4	-58.9

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Nov 2, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 13, 2026

Data Sources Report a data error