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ON Semiconductor (ON) Cash Flow Waterfall

Trace ON Semiconductor's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

TTM

Operating CF

$1.40B

Capex

$57.60M

Free Cash Flow

$1.45B

FCF Margin

+104.1%

Cash flow waterfall for ON Semiconductor (ON) — TTM through Q2 2026

Free cash flow: $1.45B

Note: Other Investing is large — driven mainly by purchases or sales of investments.

Cash flow breakdown for ON Semiconductor (ON) — TTM through Q2 2026

  • Operating Cash Flow$1.40B
  • Capital Expenditure$57.60M
  • Free Cash Flow$1.45B
  • Acquisitions$135.90M
  • Other Investing−$533.80M
  • Share Buybacks−$1.45B
  • Net Debt Change−$376.30M
  • Other Financing & FX$10.00M
  • Net Cash Decrease−$760.10M
Want to see what drove the FCF change?Free Cash Flow Bridge

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