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ON Semiconductor Corporation

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Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
7,082
Cost of Revenue
3,866
Gross Profit
3,216
Gross Margin
45.4%
Operating Income
1,768
Operating Margin
25.0%
Net Income
1,573
Net Margin
22.2%
EPS (Basic)
$3.68
EPS (Diluted)
$3.63
EBITDA
2,543
EBITDA Margin
35.9%

2023

12/31/2023

Revenue
8,253
Cost of Revenue
4,370
Gross Profit
3,884
Gross Margin
47.1%
Operating Income
2,539
Operating Margin
30.8%
Net Income
2,184
Net Margin
26.5%
EPS (Basic)
$5.07
EPS (Diluted)
$4.89
EBITDA
3,220
EBITDA Margin
39.0%

2022

12/31/2022

Revenue
8,326
Cost of Revenue
4,249
Gross Profit
4,077
Gross Margin
49.0%
Operating Income
2,360
Operating Margin
28.3%
Net Income
1,902
Net Margin
22.8%
EPS (Basic)
$4.39
EPS (Diluted)
$4.25
EBITDA
3,009
EBITDA Margin
36.1%

2021

12/31/2021

Revenue
6,740
Cost of Revenue
4,026
Gross Profit
2,714
Gross Margin
40.3%
Operating Income
1,288
Operating Margin
19.1%
Net Income
1,010
Net Margin
15.0%
EPS (Basic)
$2.37
EPS (Diluted)
$2.27
EBITDA
1,885
EBITDA Margin
28.0%

2020

12/31/2020

Revenue
5,255
Cost of Revenue
3,539
Gross Profit
1,716
Gross Margin
32.7%
Operating Income
349
Operating Margin
6.6%
Net Income
234
Net Margin
4.5%
EPS (Basic)
$0.57
EPS (Diluted)
$0.56
EBITDA
970
EBITDA Margin
18.5%