ON Semiconductor Corporation (ON) — Financial Flexibility Index

Latest as of March 2026: 0.06x

ON Semiconductor Corporation (ON) has a Financial Flexibility Index of 0.06x as of March 2026. Free cash flow of $260.00 Million (operating CF $239.10 Million minus capex $20.90 Million) represents 0% of total liabilities ($4.69 Billion). Check ON strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.06x
Free Cash Flow / Total Liabilities

Free Cash Flow

$260.00 Million
Operating CF − Capex

Total Liabilities

$4.69 Billion
USD

Capital Expenditures

$20.90 Million
USD

ON Semiconductor Corporation Financial Flexibility Index (2000–2025)

Historical Financial Flexibility Index trend for ON Semiconductor Corporation across 26 annual periods. See working capital to net assets of ON Semiconductor Corporation to evaluate short-term liquidity relative to the company's equity base.

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

Year-by-year free cash flow to debt coverage for ON Semiconductor Corporation. For the full company profile including market capitalisation, see how much is ON Semiconductor Corporation worth.

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