ON

Stock

ON Semiconductor Corporation

Worth a look

Bigger than its usual dip. Not yet rare.

ON Semiconductor Corporation is 26.9% off its high — deeper than its 11.9% average pullback, but it has been through 48 drawdowns before. Not historically significant yet — we'll say so if that changes.

Price $97.87 · as of Jul 9, 2026All-time high $133.93Drawdown -26.9%Severity Score™ 4.1
🟡

Significant

Current Drawdown

-26.9%

Days in Drawdown

36

Avg Max Drawdown

11.9%

Avg Length

197

Drawdown Severity Score™

4.1

ON - Price & High Water Mark

ON - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 8, 2026 · updated daily

Where today's valuation sits within ON's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

5.9xHistorically High · 99th percentile
Low: 0.53xMedian: 1.7xHigh: 8.7x

20 years of daily history

32.0% below its highest Price to Sales reading · 3.2x typical multiple drawdown · high date June 3, 2026

Price to Sales history

EV to EBITDA

31.1xHistorically High · 98th percentile
Low: 4.9xMedian: 10.1xHigh: 52.0x

20 years of daily history

40.1% below its highest EV to EBITDA reading · 3.1x typical multiple drawdown · high date May 1, 2026

EV to EBITDA history · log scale

How we measure valuation

ON Semiconductor Corporation (ON) Analysis: Current Drawdown Insights

ON Semiconductor Corporation is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $97.87, which represents a 26.9% decline from its all-time high of $133.93. This drawdown has persisted for 36 days.

Based on its full tracked price history, ON Semiconductor Corporation typically experiences drawdowns averaging 11.9% in depth, with an average duration of 197 days. ON Semiconductor Corporation has gone through 48 total drawdown events in its tracked history. The largest drawdown on record for ON Semiconductor Corporation was 96.2%, beginning in 2000. The longest drawdown duration on record was 6429 days.

The Drawdown Severity Score™ for ON Semiconductor Corporation currently stands at 4.14. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 3.0 and 5.0 indicates an elevated drawdown that's larger than this asset's historical averages.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing ON Semiconductor Corporation's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 48 tracked pullbacks (48 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-06-03Ongoing36 days-26.9%$133.93$97.87n/a
2026-05-272026-06-027 days-5.0%$127.00$120.62$128.64
2026-05-152026-05-2612 days-10.4%$118.37$106.02$127.00
2023-08-022026-05-131016 days-70.4%$108.09$31.95$115.71
2023-07-192023-07-2810 days-7.2%$104.84$97.30$105.09
2023-07-142023-07-174 days-2.3%$102.04$99.68$104.33
2023-07-052023-07-128 days-4.4%$96.83$92.61$98.63
2023-06-152023-06-3016 days-5.6%$92.74$87.52$94.58
2023-06-092023-06-124 days-1.1%$89.99$89.02$91.06
2023-06-022023-06-065 days-2.6%$87.95$85.63$88.48
2023-02-152023-06-01106 days-19.5%$86.88$69.98$87.95
2023-02-082023-02-147 days-2.3%$85.53$83.60$86.88
2023-02-032023-02-075 days-2.1%$82.12$80.40$85.53
2022-08-262023-02-01160 days-24.7%$76.71$57.77$77.84
2022-08-192022-08-257 days-6.1%$73.25$68.80$76.71
2022-08-162022-08-183 days-4.1%$71.24$68.29$73.25
2022-01-052022-08-12219 days-34.0%$70.95$46.84$71.16
2021-12-282022-01-037 days-3.1%$69.78$67.61$70.17
2021-12-082021-12-2215 days-7.0%$65.45$60.84$65.53
2021-12-062021-12-072 days-3.3%$64.05$61.92$65.45
2021-11-192021-12-0315 days-5.0%$63.46$60.30$64.05
2021-11-052021-11-1612 days-5.1%$59.86$56.82$62.13
2021-09-282021-11-0135 days-15.3%$49.48$41.90$54.99
2021-09-172021-09-2711 days-3.5%$49.40$47.67$49.48
2021-09-072021-09-104 days-1.9%$45.71$44.85$46.89
2021-08-052021-09-0330 days-10.3%$45.67$40.98$45.71
2021-04-062021-08-03120 days-21.0%$44.03$34.79$45.38
2021-03-022021-04-0130 days-14.9%$42.27$35.99$42.89
2021-02-222021-03-018 days-9.9%$41.87$37.74$42.27
2021-02-172021-02-193 days-4.7%$41.85$39.87$41.87
2021-02-102021-02-123 days-1.7%$40.61$39.93$41.27
2021-01-202021-02-0820 days-11.6%$38.52$34.07$39.81
2021-01-152021-01-195 days-3.1%$37.90$36.71$38.52
2021-01-042021-01-052 days-0.2%$32.73$32.67$33.22
2020-12-282020-12-303 days-1.0%$31.99$31.66$32.48
2020-12-232020-12-242 days-0.2%$31.85$31.80$31.99
2020-12-182020-12-225 days-0.2%$31.60$31.54$31.85
2020-12-092020-12-179 days-2.7%$31.39$30.54$31.60
2020-12-022020-12-043 days-1.1%$29.27$28.96$29.92
2020-11-252020-11-273 days-0.1%$28.61$28.58$28.65
2020-11-172020-11-248 days-4.0%$28.58$27.44$28.61
2020-11-122020-11-132 days-1.6%$27.93$27.48$28.06
2020-11-102020-11-112 days-1.6%$27.53$27.09$27.93
2018-03-132020-11-09973 days-68.5%$26.80$8.45$27.53
2018-01-302018-03-0636 days-18.1%$25.42$20.81$25.47
2018-01-232018-01-297 days-6.1%$25.37$23.82$25.42
2000-06-132018-01-186429 days-96.2%$24.06$0.91$24.74
2000-05-192000-06-1225 days-25.0%$24.00$18.00$24.06
2000-05-032000-05-1816 days-19.3%$24.00$19.38$24.00

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

ON Semiconductor Corporation (ON) is trading at $97.87 as of Jul 9, 2026. It is 26.9% below its high of $133.93. The drawdown has lasted 36 days. Severity score: 4.1 (Significant).

ON Price History and Drawdown Data

Latest price

$97.87

High-water mark

$133.93

Current drawdown

-26.9%

Days in drawdown

36

This ON page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior ON Semiconductor Corporation drawdowns.

What History Says About ON

ON Semiconductor Corporation has dropped 20%+ from its high 7 times in its tracked history. These events lasted an average of 1277 days with an average max drop of -48.5%.

The current drawdown of -26.9% has lasted 36 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Jun 2000 to Jan 2018-96.2%6429 days
Aug 2023 to May 2026-70.4%1016 days
Mar 2018 to Nov 2020-68.5%973 days
Jan 2022 to Aug 2022-34.0%219 days
May 2000 to Jun 2000-25.0%25 days
Aug 2022 to Feb 2023-24.7%160 days

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