# ON SEMICONDUCTOR CORP (ON) · Edgar & Edgarette company card

> On Semiconductor (ON) saw revenue fall 15.3% in FY2025 to $6.0 billion, operating margin 1.4% against a 2.4% median for semiconductors & related devices, equity 61.3% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1097864 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/ON) · [JSON](https://www.pops4.com/boards/company/ON.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $6.0B |
| Revenue growth, 1 year | -15.3% |
| Revenue growth per year | -2.9% |
| Operating margin | 1.4% (prior year 25.0%) |
| Net margin | 2.1% |
| Operating cash flow | $1.8B |
| Capital spending | $341M |
| Free cash flow | $1.4B |
| Cash | $2.1B |
| Long-term debt | $3.0B |
| Total assets | $12.5B |
| Total equity | $7.7B |
| Equity ÷ assets | 61.3% |
| Return on equity | 1.6% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 6.23 (safe zone)
- Piotroski F: 4 of 9 (middling)
- Beneish M: -3.05 (below the −1.78 line)
- Health Harbor boat: Weathered boat · two warning signs · filed material impairment in the last 12 months; slow and jumpy: growing slower than its size class, with revenue that swings more
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $6.0B (FY2025), total debt $3.0B. Experience: revenue down 15.3% on the year, down 2.9% a year over 4 years; operating margin 1.4%, down from 25.0%. Soundness: equity 61.3% of assets, return on equity 1.6%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $4.2B and $6.3B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $3.6B to $7.3B. A statistical range, not company guidance. Against peers (63 filers, $50M+ revenue, semiconductors & related devices): operating margin 1.4% against a 2.4% median; growth -15.3% against 15.5%.

Range logged 2026-09-27, receipt 588136e5aeb79159, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 2.06 Material impairment: 1, latest 2025-11-17 ([filing](https://www.sec.gov/Archives/edgar/data/1097864/000114036125042498/0001140361-25-042498-index.htm))
- Item 5.02 Director or officer change: 2, latest 2026-05-18 ([filing](https://www.sec.gov/Archives/edgar/data/1097864/000114036126021907/0001140361-26-021907-index.htm))

## Recent filings

- 10-Q · filed 2026-11-02 · [filing](https://www.sec.gov/Archives/edgar/data/1097864/000109786426000021/0001097864-26-000021-index.htm)
- 8-K · filed 2026-11-02 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1097864/000114036126041580/0001140361-26-041580-index.htm)
- 8-K · filed 2026-11-02 · 1.01 Entry into a Material Definitive Agreement; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1097864/000119312526443681/0001193125-26-443681-index.htm)
- 8-K · filed 2026-10-01 · 1.01 Entry into a Material Definitive Agreement; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1097864/000114036126038294/0001140361-26-038294-index.htm)
- 8-K · filed 2026-08-13 · 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/1097864/000114036126032594/0001140361-26-032594-index.htm)
- 10-Q · filed 2026-08-03 · [filing](https://www.sec.gov/Archives/edgar/data/1097864/000109786426000017/0001097864-26-000017-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001097864.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1097864

## Cite

POPS4, Edgar & Edgarette: ON SEMICONDUCTOR CORP (ON) company card, from the company's own SEC filings, accessed 2026-11-12, https://www.pops4.com/boards/company/ON. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.