earnings
confidence high
sentiment negative
materiality 0.80
onsemi Q4 rev $1.72B (-15% YoY), EPS $0.88; Q1 guide weak: rev $1.35-1.45B, EPS $0.42-0.52
ON SEMICONDUCTOR CORP
2024-FY EPS reported
$3.63
revenue$7,082,300,000
- Q4 revenue $1,722.5M (-15% YoY); GAAP diluted EPS $0.88, non-GAAP $0.95.
- Full year FY2024 revenue $7,082.3M (-14% YoY); GAAP EPS $3.63, non-GAAP $3.98.
- Free cash flow $1.2B in FY2024, up 3x YoY; 54% returned via buybacks.
- Q1 2025 guidance: revenue $1,350-1,450M, GAAP gross margin 38.9-40.9%, GAAP EPS $0.42-0.52.
- Segment PSG (-16% YoY) and AMG (-18% YoY) declined; ISG flat (-2% YoY, up 9% sequentially).