ON Semiconductor Corporation (ON)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	1,572,800	2,183,700	1,902,200	1,009,600	234,200
Revenue	US$ in thousands	7,082,300	8,253,000	8,326,200	6,739,800	5,255,000
Net profit margin		22.21%	26.46%	22.85%	14.98%	4.46%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $1,572,800K ÷ $7,082,300K
= 22.21%

The net profit margin of ON Semiconductor Corporation has shown a positive trend over the past five years, indicating an improvement in the company's profitability.

Starting at 4.46% on December 31, 2020, the net profit margin increased significantly to 14.98% by December 31, 2021. This uptrend continued as the net profit margin further rose to 22.85% by December 31, 2022, demonstrating the company's ability to effectively manage its costs and generate higher profits from its operations.

By the end of December 31, 2023, the net profit margin reached 26.46%, showing a substantial improvement compared to the previous years. However, in the following year, on December 31, 2024, there was a slight decrease in the net profit margin to 22.21%, though still higher than the margins seen in the earlier years.

Overall, the increasing trend in the net profit margin of ON Semiconductor Corporation signifies the company's efficiency in controlling expenses and maximizing profitability, reflecting positively on its financial performance and potential for future growth.