ON Semiconductor Gross Margin 2010-2024 | ON
- ON Semiconductor average gross margin for 2023 was 47.68%, a 1.68% decline from 2022.
- ON Semiconductor average gross margin for 2022 was 46.89%, a 27.66% increase from 2021.
- ON Semiconductor average gross margin for 2021 was 36.73%, a 10.7% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.