• ON Semiconductor average return on equity for 2023 was 31.22, a 8.47% decline from 2022.
• ON Semiconductor average return on equity for 2022 was 34.11, a 103.76% decline from 2021.
• ON Semiconductor average return on equity for 2021 was 16.74, a 344.03% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.