On Holding AG (ONON) Stock
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Financials & Margins
Annual Financials (USD)
Balance Sheet (USD)
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About On Holding AG
On Holding AG is led by CEO Martin Hoffmann, employs 3,963 people, headquartered in Zurich, CH, publicly traded since 2021.
On Holding AG (ONON) stock trades at $32.51 with a market capitalization of $10.71B. The stock is valued at a price-to-earnings (P/E) ratio of 22.07, price-to-book of 4.63, price-to-sales of 2.73. Over the past 52 weeks the stock has ranged between $26.36 and $51.08, and currently trades 36.4% below its 52-week high.
On profitability, On Holding AG generates a return on equity (ROE) of 23.26%, above the typical market range of roughly 12-15%, return on capital employed of 18.36%, an operating margin of 13.39%, a net profit margin of 12.31%.
On Holding AG by the numbers, 2019–2025
Between 2019 and 2025 On Holding AG reported revenue of $267.0M rising to $3.0B, a change of +1028.8% across 7 years. Compounded, revenue has grown 48.0% a year over five years, 35.1% over three, 30.0% over the last twelve months. Net profit rose to $204.0M.
Operating margin went from 2.1% in 2019 to 12.5% in 2025, a gain of 10.4 percentage points. The most recent net margin is 12.31%. On a trailing twelve-month basis to Jun '26, revenue is $3.2B and net profit $399.0M.
Borrowings rose from $20.0M to $582.0M, cash from operations was $323.0M in the latest year, positive in 4 of the last 7.
Return on equity has averaged 4.7% over five years, and was 12.5% in the most recent year.
The share price itself has compounded at —% a year over five years, 8.9% over three, -26.0% over the last year. Past price movement is history, not a forecast.
Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.
On Holding AG (ONON) — frequently asked questions
What is On Holding AG (ONON) stock price today?
On Holding AG (ONON) is currently trading at $32.51, down 4.38% today.
What is ONON P/E ratio?
On Holding AG's P/E ratio is 22.07. This is between 15x and 30x, around the typical market average of roughly 18-22x.
What is ONON return on equity (ROE)?
On Holding AG's return on equity (ROE) is 23.26%. ROE measures net income relative to shareholders' equity. This is above the typical market range of roughly 12-15%.
What is On Holding AG's market cap?
On Holding AG has a market capitalization of $10.71B.
Does ONON pay a dividend?
On Holding AG is not currently showing a dividend yield in our data, which means no recent cash dividend was recorded for it.
How much debt does ONON carry?
On Holding AG has a debt-to-equity ratio of 0.29. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.
What is ONON's profit margin?
On Holding AG reports a net profit margin of 12.31% — the share of revenue left after every cost, including tax and interest.
What sector is ONON in?
On Holding AG is classified under Consumer Cyclical, in the Apparel - Retail industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.
Which exchange is ONON listed on?
On Holding AG trades on NYSE under the ticker ONON.
What is ONON's 52-week range?
Over the last year On Holding AG has traded between $26.36 and $51.08.
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Screens ONON currently matches
On the figures above, On Holding AG passes the filters for 17 of our ready-made screens, among them High ROE Stocks, Quality Stocks, Low Debt Stocks. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.
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Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.