Superworth

ON Semiconductor price to free cash flow ON

Market value divided by free cash flow over the last twelve months, since 2011.

Today, Oct 23, 2026
18.7×
10-year median
19.6×
Against its 10-year history
45th
percentile: 0 is its lowest day, 100 its highest
10-year range
9.7× to 86.6×
Peer median
61.7×

ON Semiconductor's price to free cash flow is 18.7× as of Oct 23, 2026.

That is below its ten-year median of 19.6×, close to the middle of its last ten years.

Over that time it ranged from 9.7× in Aug 2017 to 86.6× in Feb 2021.

The median for 10 semiconductor stocks of a similar size is 61.7×.

Price to free cash flow over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far18.7×15.8×40.4×
202516.2×11.7×27.3×
202428.2×27.6×86.3×
202363.1×15.9×64.7×
202215.9×13.6×24.5×
202125.1×19.6×86.6×
202068.7×17.9×68.7×
201921.4×11.1×21.4×
201813.2×10.7×17.4×
201710.6×9.7×23.0×
201618.9×16.3×20.5×
201519.4×16.3×21.2×
201416.9×13.3×290×
2013254×214×499×
2012158×152×177×
2011146×97.0×156×

Against its peers

Companies in Semiconductors nearest ON Semiconductor's size, closest first, today.

CompanyPrice to free cash flow
ONON Semiconductor18.7×
CRDOCredo Technology63.1×
QQnity Electronics27.9×
ENTGEntegris35.7×
MCHPMicrochip Technology36.2×
MTSIMACOM Technology Solutions88.4×
ALABAstera Labs161×
TERTeradyne60.4×
MPWRMonolithic Power Systems95.7×
LSCCLattice Semiconductor68.7×
NXPINXP Semiconductors21.1×
Peer median61.7×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on ON Semiconductor

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.