ON Semiconductor Corporation (ON)

Operating 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
Operating income (ttm)	US$ in thousands	1,767,700	1,971,200	2,212,800	2,499,000	2,538,700	2,630,900	2,368,400	2,277,700	2,360,000	2,136,000	2,110,700	1,808,900	1,287,600	975,300	695,100	456,000	348,700	319,600	156,700	271,900
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
Operating profit margin		24.96%	26.72%	28.38%	30.64%	30.76%	31.55%	28.36%	27.31%	28.34%	26.47%	27.71%	25.11%	19.10%	15.38%	11.75%	8.35%	6.64%	6.13%	2.97%	5.03%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,767,700K ÷ $7,082,300K
= 24.96%

The operating profit margin of ON Semiconductor Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024.

The operating profit margin started at 5.03% in March 2020, indicating that the company generated 5.03 cents of operating profit for every dollar of sales. It dipped to 2.97% in June 2020 but gradually improved to 6.64% by December 2020.

Subsequently, there was a significant increase in the operating profit margin, reaching 15.38% by September 2021, and continued to rise to 28.34% by December 2022. The peak operating profit margin was recorded at 31.55% in September 2023.

However, a slight decline was observed in the latter part of the analyzed period, with the operating profit margin decreasing to 24.96% by December 2024.

Overall, the operating profit margin of ON Semiconductor Corporation has shown both fluctuation and growth during the analyzed period, indicating variations in the company's efficiency in generating profits from its core operations.