ON Semiconductor Corporation (ON) Enterprise Value (EV): $23.58B
The enterprise value (EV) for ON Semiconductor Corporation (ON) is $23.58B as of Tuesday, June 9, 2026.
ON Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$23.58B
ON Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| ON Semiconductor Corporation (ON) | — | $23.58B |
| Microchip Technology Incorporated (MCHP) | $49.58B | $40.28B |
| Block, Inc. (XYZ) | $40.64B | $37.48B |
| Block, Inc. (SQ) | $51.73B | $30.82B |
| Workday, Inc. (WDAY) | $36.73B | $48.21B |
| Teradyne, Inc. (TER) | $55.07B | $30.33B |
| Keysight Technologies, Inc. (KEYS) | $55.79B | $32.75B |
| ANSYS, Inc. (ANSS) | $32.91B | $28.85B |
| NetApp, Inc. (NTAP) | $31.83B | $20.56B |
| Twilio Inc. (TWLO) | $31.07B | $22.16B |
Enterprise Value Calculation
Market Cap
$45.85B
Total Debt
$3.23B
Cash
$2.15B
Enterprise Value
$23.58B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
ON Semiconductor Corporation Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
ON Semiconductor Corporation Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for ON Semiconductor Corporation (ON)?
- The enterprise value (EV) for ON stock is $23.58B.
Related Metrics
About ON Semiconductor Corporation
ON Semiconductor Corporation operates as a global provider of sophisticated power and sensing solutions. Their cutting-edge power innovations are pivotal in modernizing various sectors: they contribute to the development of lighter, extended-range electric vehicles, underpin rapid-charging infrastructure, and bolster sustainable energy initiatives for applications such as solar arrays, industrial power systems, and energy storage. The company's operations are structured into three main divisions: the Power Solutions Group, the Advanced Solutions Group, and the Intelligent Sensing Group. ON Semiconductor offers a broad array of semiconductor products, including analog components, discrete devices, modules, and integrated circuits. These products are designed to perform numerous critical functions, such as power switching, energy conversion, signal conditioning, circuit protection, signal amplification, and voltage regulation. Beyond these standard offerings, the firm also designs and develops specialized analog, mixed-signal, advanced logic, application-specific integrated circuits (ASICs) and standard products, radio frequency (RF) components, and integrated power management solutions, catering to a diverse range of end-market consumers. Furthermore, it provides foundry and design services specifically for government clients. The company's portfolio also encompasses advanced imaging technologies. This includes the creation of complementary metal-oxide-semiconductor (CMOS) image sensors, sophisticated image signal processors, and single photon detectors like silicon photomultipliers (SiPMs) and single-photon avalanche diode (SPAD) arrays. Additionally, ON Semiconductor produces actuator drivers essential for autofocus and image stabilization, serving a wide spectrum of end-users across numerous industries. Established in 1992, ON Semiconductor Corporation is headquartered in Phoenix, Arizona.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Hassane S. El-Khoury