Buyback yield (TTM)
5.81%
Shareholder yield (TTM)
5.81%
5Y share count change
-1.7%
Buyback spend (TTM)
$1.42B
Cumulative buybacks
$4.66B
Key takeaways
- ON Semiconductor (ON) repurchased about $1.42B of stock over the trailing twelve months.
- Diluted share count is down 1.7% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 9.64× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +84.0% per year over the latest 5-year window.
- TTM repurchases used about 98% of free cash flow remaining after dividends.
Dividend & buyback yield over time for ON Semiconductor (ON)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for ON Semiconductor (ON)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for ON Semiconductor (ON)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for ON Semiconductor (ON)
Latest: $1.38B
Overview
The 2025 reading of ON Semiconductor (ON) buyback spend is $1.38B – surged 110.6% year-over-year.
ON Semiconductor buyback spend has grown for 4 consecutive years, with a +84.0% compound annual growth rate over 2020–2025 (5 years).
The record annual buyback spend stands at $1.38B, reached in 2025; the historical low of $0.00 was recorded in 2001.
ON Semiconductor Buyback Spend 2025: $1.38B
2025's buyback spend for ON Semiconductor came in at $1.38B, surged 110.6% from 2024. This figure represents the highest annual value in the available history.
ON Semiconductor Buyback Spend 2024: $654.10M
ON Semiconductor posted buyback spend of $654.10M in 2024, grew 15.9% from 2023.
ON Semiconductor Buyback Spend 2023: $564.20M
In 2023, ON Semiconductor reported buyback spend of $564.20M, surged 117.2% from 2022.
ON Semiconductor Buyback Spend 2022: $259.80M
ON Semiconductor buyback spend in 2022 was $259.80M.
ON Semiconductor Buyback Spend 2021: $0.00
ON Semiconductor buyback spend in 2021 was $0.00.
See more financial history for ON Semiconductor (ON).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $1.38B | $0.00 | $1.38B | 6.35% | 0.41B | -4.8% | |
| 2024 | $654.10M | $136.10M | $518.00M | 2.44% | 0.43B | -3.2% | |
| 2023 | $564.20M | $121.10M | $443.10M | 1.58% | 0.45B | -0.3% | |
| 2022 | $259.80M | $100.80M | $159.00M | 0.96% | 0.45B | +1.0% | |
| 2021 | $0.00 | $101.30M | −$101.30M | — | 0.44B | +6.0% | |
| 2020 | $65.40M | $67.70M | −$2.30M | 0.49% | 0.42B | +0.7% | |
| 2019 | $139.00M | $79.40M | $59.60M | 1.39% | 0.42B | -4.6% | |
| 2018 | $315.30M | $78.30M | $237.00M | 4.58% | 0.44B | +1.8% | |
| 2017 | $25.00M | $69.80M | −$44.80M | 0.28% | 0.43B | +2.0% | |
| 2016 | $0.00 | $56.10M | −$56.10M | — | 0.42B | -1.8% | |
| 2015 | $348.20M | $46.90M | $301.30M | 8.61% | 0.43B | -3.5% | |
| 2014 | $121.80M | $45.80M | $76.00M | 2.76% | 0.44B | -1.6% | |
| 2013 | $101.00M | $32.30M | $68.70M | 2.77% | 0.45B | -0.4% | |
| 2012 | $55.50M | $20.50M | $35.00M | 1.75% | 0.45B | -1.0% | |
| 2011 | $19.30M | $33.50M | −$14.20M | 0.56% | 0.46B | +2.9% | |
| 2010 | $15.00M | $52.50M | −$37.50M | 0.35% | 0.44B | +1.4% | |
| 2009 | $8.60M | $54.20M | −$45.60M | 0.23% | 0.44B | +15.6% | |
| 2008 | $2.90M | $33.20M | −$30.30M | 0.21% | 0.38B | +25.8% | |
| 2007 | $55.20M | $16.50M | $38.70M | 2.01% | 0.30B | -12.0% | |
| 2006 | $300.00M | $0.00 | $300.00M | 12.39% | 0.34B | +15.3% | |
| 2005 | $0.00 | $0.00 | $0.00 | — | 0.30B | +19.8% | |
| 2004 | $0.00 | $0.00 | $0.00 | — | 0.25B | +32.2% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 0.19B | +6.7% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 0.18B | +1.3% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 0.17B | +6.1% | |
| 2000 | $228.00M | $0.00 | $228.00M | — | 0.16B | — |
- 2025$1.38B
- 2024$654.10M
- 2023$564.20M
- 2022$259.80M
- 2021$0.00
- 2020$65.40M
- 2019$139.00M
- 2018$315.30M
- 2017$25.00M
- 2016$0.00
- 2015$348.20M
- 2014$121.80M
- 2013$101.00M
- 2012$55.50M
- 2011$19.30M
- 2010$15.00M
- 2009$8.60M
- 2008$2.90M
- 2007$55.20M
- 2006$300.00M
- 2005$0.00
- 2004$0.00
- 2003$0.00
- 2002$0.00
- 2001$0.00
- 2000$228.00M
Buybacks vs stock-based compensation for ON Semiconductor (ON)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 9.64×.
Buybacks vs dividends (share of cash returned) for ON Semiconductor (ON)
How ON Semiconductor splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as ON Semiconductor, ranked by their latest buyback spend.
| $90.71B | |
| $40.09B | |
| $18.42B | |
| $6.65B | |
| $6.31B | |
| $1.32B | |
| $0.00 | |
| $0.00 |
- $90.71B
- $40.09B
- $18.42B
- $6.65B
- $6.31B
- $1.32B
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $1.45B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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