ON Semiconductor Corporation (ON) — Financial Flexibility Index

Latest as of June 2026: 0.08x

ON Semiconductor Corporation (ON) has a Financial Flexibility Index of 0.08x as of June 2026. Free cash flow of $494.00 Million (operating CF $459.70 Million minus capex $34.30 Million) represents 0% of total liabilities ($6.25 Billion). Check ON Semiconductor Corporation (ON) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.08x
Free Cash Flow / Total Liabilities

Free Cash Flow

$494.00 Million
Operating CF − Capex

Total Liabilities

$6.25 Billion
USD

Capital Expenditures

$34.30 Million
USD

ON Semiconductor Corporation Financial Flexibility Index (2000–2025)

Historical Financial Flexibility Index trend for ON Semiconductor Corporation across 26 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of ON Semiconductor Corporation.

Annual Financial Flexibility Index for ON Semiconductor Corporation (2000–2025)

Year-by-year free cash flow to debt coverage for ON Semiconductor Corporation. Explore ON Semiconductor Corporation (ON) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.43x $2.10 Billion $1.76 Billion $4.83 Billion ▼ -11.8%
2024 0.49x $2.60 Billion $1.91 Billion $5.28 Billion ▼ -24.1%
2023 0.65x $3.52 Billion $1.98 Billion $5.41 Billion ▲ +2.2%
2022 0.64x $3.67 Billion $2.63 Billion $5.77 Billion ▲ +40.4%
2021 0.45x $2.27 Billion $1.78 Billion $5.02 Billion ▲ +69.2%
2020 0.27x $1.37 Billion $884.30 Million $5.11 Billion ▲ +2.7%
2019 0.26x $1.33 Billion $694.70 Million $5.10 Billion ▼ -36.0%
2018 0.41x $1.79 Billion $1.27 Billion $4.39 Billion ▲ +20.8%
2017 0.34x $1.48 Billion $1.09 Billion $4.39 Billion ▲ +115.7%
2016 0.16x $794.00 Million $581.10 Million $5.08 Billion ▼ -52.9%
2015 0.33x $742.80 Million $470.60 Million $2.24 Billion ▲ +6.2%
2014 0.31x $685.60 Million $481.30 Million $2.19 Billion ▲ +13.5%
2013 0.28x $483.80 Million $327.30 Million $1.76 Billion ▲ +0.2%
2012 0.27x $532.30 Million $276.00 Million $1.94 Billion ▼ -23.8%
2011 0.36x $861.90 Million $545.50 Million $2.39 Billion ▼ -25.7%
2010 0.49x $742.90 Million $551.80 Million $1.53 Billion ▲ +103.9%
2009 0.24x $335.40 Million $276.90 Million $1.41 Billion ▼ -19.2%
2008 0.29x $488.80 Million $393.80 Million $1.66 Billion ▲ +3.1%
2007 0.29x $457.80 Million $317.10 Million $1.60 Billion ▼ -17.4%
2006 0.35x $560.70 Million $349.80 Million $1.62 Billion ▲ +104.5%
2005 0.17x $240.90 Million $193.10 Million $1.42 Billion ▲ +128.4%
2004 0.07x $120.20 Million $38.40 Million $1.62 Billion ▲ +25.0%
2003 0.06x $105.50 Million $45.70 Million $1.78 Billion ▲ +27.0%
2002 0.05x $86.90 Million $46.40 Million $1.86 Billion ▲ +153.8%
2001 0.02x $32.60 Million $-116.40 Million $1.77 Billion ▼ -93.8%
2000 0.30x $500.00 Million $301.00 Million $1.68 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities