on holding ag - ONON

ONON

Close Chg Chg %
52.04 0.20 0.38%

Closed Market

52.24

+0.20 (0.38%)

Volume: 4.71M

Last Updated:

Jul 1, 2025, 3:59 PM EDT

Company Overview: on holding ag - ONON

ONON Key Data

Open

$51.19

Day Range

51.19 - 53.17

52 Week Range

34.62 - 64.04

Market Cap

$16.86B

Shares Outstanding

323.84M

Public Float

220.92M

Beta

2.26

Rev. Per Employee

N/A

P/E Ratio

72.03

EPS

$0.72

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

5.24M

 

ONON Performance

1 Week
 
-0.53%
 
1 Month
 
-12.09%
 
3 Months
 
31.81%
 
1 Year
 
40.39%
 
5 Years
 
N/A
 

ONON Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 27
Full Ratings ➔

About on holding ag - ONON

On Holding AG engages in the development and distribution of sports products such as footwear, apparel, and accessories for high-performance running, outdoor, all-day activities, and tennis. It sells its products worldwide through independent retailers and global distributors, its own online presence, and its own stores. The company was founded by David Allemann, Olivier Bernhard, and Caspar Coppetti in January 2010 and is headquartered in Zurich, Switzerland.

ONON At a Glance

On Holding AG
Förrlibuckstrasse 190
Zurich, Zurich 8005
Phone 41-44-225-15-55 Revenue 2.63B
Industry Apparel/Footwear Net Income 275.13M
Sector Consumer Non-Durables 2024 Sales Growth 32.004%
Fiscal Year-end 12 / 2025 Employees 3,254
View SEC Filings

ONON Valuation

P/E Current 72.032
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 64.299
Price to Sales Ratio 6.826
Price to Book Ratio 11.549
Price to Cash Flow Ratio 31.95
Enterprise Value to EBITDA 48.452
Enterprise Value to Sales 6.606
Total Debt to Enterprise Value 0.025

ONON Efficiency

Revenue/Employee 808,984.282
Income Per Employee 84,551.996
Receivables Turnover 7.842
Total Asset Turnover 1.16

ONON Liquidity

Current Ratio 2.665
Quick Ratio 2.03
Cash Ratio 1.40

ONON Profitability

Gross Margin 56.533
Operating Margin 9.123
Pretax Margin 12.061
Net Margin 10.452
Return on Assets 12.121
Return on Equity 19.565
Return on Total Capital 13.911
Return on Invested Capital 16.383

ONON Capital Structure

Total Debt to Total Equity 28.783
Total Debt to Total Capital 22.35
Total Debt to Total Assets 16.779
Long-Term Debt to Equity 20.851
Long-Term Debt to Total Capital 16.191
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for On Holding Ag - ONON

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
792.54M 1.28B 1.99B 2.63B
Sales Growth
+74.91% +61.46% +55.85% +32.00%
Cost of Goods Sold (COGS) incl D&A
353.26M 604.36M 870.08M 1.14B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
34.36M 48.58M 72.22M 118.77M
Depreciation
24.73M 38.85M 60.98M 106.51M
Amortization of Intangibles
9.63M 9.74M 11.24M 12.26M
COGS Growth
+62.61% +71.08% +43.97% +31.51%
Gross Income
439.28M 675.24M 1.12B 1.49B
Gross Income Growth
+86.24% +53.72% +66.48% +32.39%
Gross Profit Margin
+55.43% +52.77% +56.37% +56.53%
2021 2022 2023 2024 5-year trend
SG&A Expense
593.60M 586.14M 923.49M 1.25B
Research & Development
- - - -
-
Other SG&A
593.60M 586.14M 923.49M 1.25B
SGA Growth
+133.62% -1.26% +57.56% +35.14%
Other Operating Expense
- - - -
-
Unusual Expense
- - - (1.49M)
-
EBIT after Unusual Expense
(152.83M) 89.10M 200.63M 240.16M
Non Operating Income/Expense
(17.85M) (837.64K) (111.17M) 103.56M
Non-Operating Interest Income
- 5.97M 12.80M 26.68M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
3.87M 6.70M 12.57M 26.23M
Interest Expense Growth
+301.25% +73.02% +87.65% +108.60%
Gross Interest Expense
3.87M 6.70M 12.57M 26.23M
Interest Capitalized
- - - -
-
Pretax Income
(174.55M) 81.57M 76.89M 317.49M
Pretax Income Growth
-570.34% +146.73% -5.73% +312.89%
Pretax Margin
-22.02% +6.37% +3.86% +12.06%
Income Tax
11.64M 21.15M (11.68M) 42.35M
Income Tax - Current - Domestic
7.71M 40.52M 39.73M 84.03M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
3.93M (19.37M) (51.41M) (41.67M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(186.19M) 60.41M 88.58M 275.13M
Minority Interest Expense
- - - -
-
Net Income
(186.19M) 60.41M 88.58M 275.13M
Net Income Growth
-534.94% +132.45% +46.62% +210.61%
Net Margin Growth
-23.49% +4.72% +4.44% +10.45%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(186.19M) 60.41M 88.58M 275.13M
Preferred Dividends
- - - -
-
Net Income Available to Common
(186.19M) 60.41M 88.58M 275.13M
EPS (Basic)
-0.5979 0.1907 0.2778 0.8518
EPS (Basic) Growth
-523.46% +131.89% +45.67% +206.62%
Basic Shares Outstanding
311.41M 316.74M 318.81M 323.01M
EPS (Diluted)
-0.5979 0.1889 0.274 0.8386
EPS (Diluted) Growth
-523.46% +131.59% +45.05% +206.06%
Diluted Shares Outstanding
311.41M 319.78M 323.26M 328.08M
EBITDA
(119.96M) 137.69M 272.85M 358.93M
EBITDA Growth
-2,150.58% +214.78% +98.17% +31.55%
EBITDA Margin
-15.14% +10.76% +13.68% +13.63%

Snapshot

Average Recommendation BUY Average Target Price 54.474
Number of Ratings 27 Current Quarters Estimate 0.268
FY Report Date 09 / 2025 Current Year's Estimate 0.897
Last Quarter’s Earnings 0.204 Median PE on CY Estimate N/A
Year Ago Earnings 0.97 Next Fiscal Year Estimate 1.222
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 20 20 25 25
Mean Estimate 0.27 0.22 0.90 1.22
High Estimates 0.35 0.37 1.10 1.51
Low Estimate 0.17 0.13 0.62 0.90
Coefficient of Variance 16.60 23.58 14.08 13.75

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 21 21 21
OVERWEIGHT 3 3 4
HOLD 3 3 3
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

On Holding Ag in the News