Based on the latest figures, ON Semiconductor reports a gross margin of 37.7%, an operating margin of 10.8%, an EBITDA margin of 25.3%, and a net margin of 10.2%. EBITDA margin headed the available margin improvements with a 5.7 percentage-point increase, while gross margin dropped by 0.2 percentage points.
Over the last 3 years, ON Semiconductor recorded average margins of 41.2% gross, 16.89% operating, 28.39% EBITDA, and 15.25% net. Each of the four current margins is below its three-year average.
The largest positive change was in EBITDA margin, up 5.7 percentage points. Operating margin also expanded by 3.4 percentage points and Net margin also expanded by 2.9 percentage points, while gross margin contracted by 0.2 percentage points.
Over the last 3 years, the average gross margin for ON Semiconductor was 41.2%. Compared with its three-year average, ON Semiconductor's current gross margin is 37.7% and is 3.5 percentage points below its three-year average. ON Semiconductor's gross margin ranged from a low of 33.1% in Dec 2025 to a high of 47.1% in Dec 2023.
ON Semiconductor recorded an average operating margin of 16.89% across the last 3 years. ON Semiconductor currently reports an operating margin of 10.8%, 6.1 percentage points below its three-year average. Over the last 3 years, ON Semiconductor's operating margin peaked at 30.8% in Dec 2023 and reached a low of 1.4% in Dec 2025.
Looking back over the last 3 years, ON Semiconductor recorded an average EBITDA margin of 28.39%. ON Semiconductor's current EBITDA margin is 25.3% and is 3.1 percentage points below its three-year average. The highest EBITDA margin for ON Semiconductor was 39.4% in Mar 2024, while the lowest was 14.8% in Dec 2025.
The average net margin for ON Semiconductor was 15.25% over the last 3 years. The latest net margin for ON Semiconductor is 10.2%, 5.1 percentage points below its three-year average. The net margin for ON Semiconductor moved between 2% in Dec 2025 and 26.7% in Mar 2024.
With a gross margin of 37.7%, ON stands below the Technology sector and the industry average. Compared to its Technology sector average of 52.2%, ON Semiconductor's gross margin is 28% lower.
As of Jul 3, 2026, ON has a gross margin of 37.7%.
For the period ending Jul 3, 2026, ON recorded an operating margin of 10.8%.
The current EBITDA margin for ON is 25.3% as of Jul 3, 2026.
As of Jul 3, 2026, ON has a net margin of 10.2%.
Over the last 3 years, ON Semiconductor's margins averaged 41.2% gross, 16.9% operating, 28.4% EBITDA, and 15.3% net.
Across the 5-year period, ON posted its highest margins at 49% gross in Dec 2022, 31.6% operating in Sep 2023, 40.2% EBITDA in Sep 2023, and 26.7% net in Mar 2024.
Over the last 5 years, ON Semiconductor's lowest margins were 33.1% gross in Dec 2025, 1.4% operating in Dec 2025, 14.8% EBITDA in Dec 2025, and 2% net in Dec 2025.