ON Semiconductor is forecast to grow earnings and revenue by 32.8% and 11.3% per annum respectively. EPS is expected to grow by 34.1% per annum. Return on equity is forecast to be 27.7% in 3 years.
Key information
32.8%
Earnings growth rate
34.12%
EPS growth rate
Semiconductor earnings growth
24.8%
Revenue growth rate
11.3%
Future return on equity
27.70%
Analyst coverage
Good
Last updated
04 Aug 2026
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
SWX:ON - Analysts future estimates and past financials data (USD Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2028
8,364
2,137
2,481
2,932
17
12/31/2027
7,395
1,635
2,024
2,392
29
12/31/2026
6,556
864
1,625
1,776
29
7/3/2026
6,198
630
1,500
1,672
N/A
4/3/2026
6,063
574
1,181
1,397
N/A
12/31/2025
5,995
121
1,419
1,760
N/A
10/3/2025
6,188
319
1,356
1,785
N/A
7/4/2025
6,399
466
1,287
1,832
N/A
4/4/2025
6,665
634
1,402
2,010
N/A
12/31/2024
7,082
1,573
1,212
1,906
N/A
9/27/2024
7,378
1,756
1,047
1,938
N/A
6/28/2024
7,797
1,937
877
2,039
N/A
3/29/2024
8,156
2,175
633
2,067
N/A
12/31/2023
8,253
2,184
438
1,978
N/A
9/29/2023
8,339
2,225
593
2,098
N/A
6/30/2023
8,350
1,955
1,169
2,533
N/A
3/31/2023
8,341
1,834
1,363
2,563
N/A
12/31/2022
8,326
1,902
1,597
2,633
N/A
9/30/2022
8,069
1,724
1,616
2,528
N/A
7/1/2022
7,618
1,722
1,244
1,975
N/A
4/1/2022
7,203
1,450
1,454
2,042
N/A
12/31/2021
6,740
1,010
1,290
1,782
N/A
10/1/2021
6,340
673
1,043
1,556
N/A
7/2/2021
5,915
524
808
1,270
N/A
4/2/2021
5,459
338
508
937
N/A
12/31/2020
5,255
234
401
884
N/A
10/2/2020
5,211
202
196
576
N/A
7/3/2020
5,275
-20
225
654
N/A
4/3/2020
5,409
84
N/A
723
N/A
12/31/2019
5,518
212
N/A
695
N/A
9/27/2019
5,619
321
N/A
1,024
N/A
6/28/2019
5,779
548
N/A
1,140
N/A
3/29/2019
5,887
602
N/A
1,186
N/A
12/31/2018
5,878
627
N/A
1,274
N/A
9/28/2018
5,753
992
N/A
1,078
N/A
6/29/2018
5,602
934
N/A
1,048
N/A
3/30/2018
5,484
872
N/A
1,112
N/A
12/31/2017
5,543
811
N/A
1,094
N/A
9/29/2017
5,427
392
N/A
1,099
N/A
6/30/2017
4,987
293
N/A
904
N/A
3/31/2017
4,526
224
N/A
675
N/A
12/31/2016
3,907
182
N/A
581
N/A
9/30/2016
3,486
125
N/A
509
N/A
7/1/2016
3,440
162
N/A
505
N/A
4/1/2016
3,442
187
N/A
502
N/A
12/31/2015
3,496
206
N/A
471
N/A
10/2/2015
3,520
152
N/A
476
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ON's forecast earnings growth (32.8% per year) is above the savings rate (0.6%).
Earnings vs Market: ON's earnings (32.8% per year) are forecast to grow faster than the Swiss market (12.1% per year).
High Growth Earnings: ON's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ON's revenue (11.3% per year) is forecast to grow faster than the Swiss market (5.3% per year).
High Growth Revenue: ON's revenue (11.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ON's Return on Equity is forecast to be high in 3 years time (27.7%)
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/08/10 19:15
End of Day Share Price
2026/08/07 00:00
Earnings
2026/07/03
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
ON Semiconductor Corporation is covered by 42 analysts. 29 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.