ON SEMICONDUCTOR CORP (ON) closed fiscal year 2025 with a gross margin of 33.1 % and a net margin of 2.0 %.
ON SEMICONDUCTOR CORP (ON) closed fiscal year 2025 with a gross margin of 33.1 % and a net margin of 2.0 %. The same year shows an EBITDA margin of 12.8 % and an EBIT margin of 1.4 %. The free cash flow margin was 23.7 %. Against the previous year the gross margin moved −12.3 pp and the net margin −20.2 pp. Across the period the gross margin ranges between 29.3 % in 2011 and 49.0 % in 2022. The series covers 18 fiscal years, from 2008 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 36.28 % | 35.09 % | 41.32 % | 29.31 % | 32.69 % | 33.39 % | 34.31 % | 34.13 % | 33.29 % | 36.72 % | 38.08 % | 35.77 % | 32.65 % | 40.27 % | 48.97 % | 47.06 % | 45.41 % | 33.09 % |
| EBITDA margin (%) | -10.89 % | 16.86 % | 23.39 % | 9.96 % | 7.71 % | 15.12 % | 15.74 % | 17.70 % | 15.64 % | 20.99 % | 23.07 % | 18.59 % | 18.53 % | 27.96 % | 34.97 % | 38.15 % | 34.04 % | 12.85 % |
| EBIT margin (%) | -17.81 % | 8.06 % | 16.18 % | 3.29 % | -0.70 % | 7.51 % | 7.24 % | 7.47 % | 6.32 % | 12.30 % | 14.41 % | 7.84 % | 6.64 % | 19.10 % | 28.34 % | 30.76 % | 24.96 % | 1.40 % |
| Net margin (%) | -20.87 % | 3.45 % | 12.56 % | 0.34 % | -3.36 % | 5.40 % | 6.00 % | 5.90 % | 4.66 % | 14.63 % | 10.67 % | 3.84 % | 4.46 % | 14.98 % | 22.85 % | 26.46 % | 22.21 % | 2.02 % |
| FCF margin (%) | 14.54 % | 12.66 % | 15.69 % | 6.66 % | 0.68 % | 6.18 % | 8.76 % | 5.72 % | 9.48 % | 12.75 % | 12.92 % | 2.90 % | 9.53 % | 19.84 % | 19.18 % | 5.31 % | 17.12 % | 23.66 % |
