ON Semiconductor Corporation (ON)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	1,572,800	1,755,600	1,936,600	2,175,000	2,183,700	2,225,300	1,954,500	1,833,700	1,902,200	1,723,800	1,721,600	1,449,900	1,009,600	672,700	523,600	338,100	234,200	201,700	-19,600	83,600
Revenue (ttm)	US$ in thousands	7,082,300	7,377,900	7,796,800	8,156,000	8,253,000	8,338,500	8,350,300	8,340,900	8,326,200	8,068,700	7,618,200	7,203,100	6,739,800	6,340,000	5,915,200	5,458,800	5,255,000	5,210,500	5,275,000	5,409,200
Net profit margin		22.21%	23.80%	24.84%	26.67%	26.46%	26.69%	23.41%	21.98%	22.85%	21.36%	22.60%	20.13%	14.98%	10.61%	8.85%	6.19%	4.46%	3.87%	-0.37%	1.55%

December 31, 2024 calculation

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

ON Semiconductor Corporation has shown a fluctuating trend in its net profit margin over the provided period. Starting at 1.55% in March 2020, the net profit margin dipped to -0.37% in June 2020, indicating a period of negative profitability. However, the company managed to improve its profitability significantly in the subsequent quarters, with notable increases in the net profit margin reaching a peak of 26.69% in September 2023.

During the last few quarters of the data period, the net profit margin displayed some variation, ranging from 22.21% in December 2024 to 26.67% in March 2024. Overall, ON Semiconductor Corporation has demonstrated the ability to enhance its profitability levels, maintaining a relatively strong performance in generating profits relative to its revenue.