On Holding AG (ONON)

Price$39.63

Value ScoreD

Growth ScoreA

Momentum ScoreD

Favorite Metrics

Price vs S&P 500 (26W)-17.38%

Price vs S&P 500 (4W)13.21%

VGM Score49.62

Market Capitalization$17.28B

P/E Ratio (Annual)51.80x

All Metrics

P/CF (Annual)29.35x

Book Value / Share (Quarterly)$6.31

P/TBV (Annual)7.59x

Revenue Growth (3Y)35.11%

Cash Flow / Share (Quarterly)$1.09

Price vs S&P 500 (YTD)-23.11%

Gross Margin (TTM)63.89%

Net Profit Margin (TTM)8.03%

EPS (TTM)$0.96

10-Day Avg Trading Volume6.15M

EPS Excl Extra (TTM)$0.96

Revenue Growth (5Y)47.94%

EPS (Annual)$0.78

ROI (Annual)9.44%

Gross Margin (Annual)62.83%

Net Profit Margin (5Y Avg)0.58%

Cash / Share (Quarterly)$4.17

P/E Basic Excl Extra (TTM)42.14x

Revenue Growth QoQ (YoY)14.49%

P/E Normalized (Annual)51.80x

ROA (Last FY)7.18%

Revenue Growth TTM (YoY)22.97%

EBITD / Share (TTM)$2.13

ROE (5Y Avg)4.63%

Operating Margin (TTM)13.38%

Cash Flow / Share (Annual)$1.09

P/B Ratio6.46x

P/B Ratio (Quarterly)7.34x

Net Income / Employee (Annual)$65,748

EV / Revenue (TTM)3.34x

Net Interest Coverage (TTM)2.20x

ROA (TTM)7.73%

EPS Growth QoQ (YoY)83.64%

EV / EBITDA (TTM)19.94x

EPS Incl Extra (Annual)$0.78

Current Ratio (Annual)2.71x

Quick Ratio (Quarterly)2.08x

3-Month Avg Trading Volume6.41M

52-Week Price Return-30.63%

EV / Free Cash Flow (Annual)35.80x

P/E Incl Extra (TTM)42.14x

Revenue / Employee (TTM)$1,006,822

Tangible BV / Share (Quarterly)$6.11

P/S Ratio (Annual)3.50x

Asset Turnover (Annual)1.06x

52-Week High$60.62

Operating Margin (5Y Avg)3.84%

EPS Excl Extra (Annual)$0.78

CapEx CAGR (5Y)33.41%

26-Week Price Return-1.45%

Quick Ratio (Annual)2.08x

13-Week Price Return-14.24%

Total Debt / Equity (Annual)0.32x

Current Ratio (Quarterly)2.71x

Enterprise Value$12.86B

Revenue / Share Growth (5Y)45.36%

Asset Turnover (TTM)1.14x

Revenue / Employee (Annual)$972,796

Inventory Turnover (Annual)2.67x

Pretax Margin (Annual)6.81%

Cash / Share (Annual)$4.17

3-Month Return Std Dev51.00%

Gross Margin (5Y Avg)59.69%

Net Income / Employee (TTM)$80,843

EBITDA CAGR (5Y)100.80%

EBITDA Interim CAGR (5Y)45.16%

ROE (Last FY)12.48%

Net Interest Coverage (Annual)2.61x

EPS Basic Excl Extra (Annual)$0.78

P/FCF (TTM)33.45x

Receivables Turnover (TTM)10.93x

EV / Free Cash Flow (TTM)31.88x

Total Debt / Equity (Quarterly)0.32x

EPS Incl Extra (TTM)$0.96

Receivables Turnover (Annual)10.93x

ROI (TTM)10.33%

P/S Ratio (TTM)3.38x

Pretax Margin (5Y Avg)1.42%

Revenue / Share (Annual)$11.55

Tangible BV / Share (Annual)$6.11

Forward P/E22.79x

Price vs S&P 500 (52W)-58.83%

P/E Ratio (TTM)42.14x

EPS Growth TTM (YoY)19.48%

Year-to-Date Return-12.18%

5-Day Price Return2.54%

EPS Normalized (Annual)$0.78

ROA (5Y Avg)2.55%

Net Profit Margin (Annual)6.76%

Month-to-Date Return14.63%

Cash Flow / Share (TTM)$0.62

EBITD / Share (Annual)$1.89

EPS Growth (3Y)50.10%

Operating Margin (Annual)12.51%

LT Debt / Equity (Annual)0.00x

P/CF (TTM)26.33x

ROI (5Y Avg)3.61%

P/E Excl Extra (TTM)42.14x

LT Debt / Equity (Quarterly)0.00x

EPS Basic Excl Extra (TTM)$0.96

P/TBV (Quarterly)7.59x

P/B Ratio (Annual)7.34x

Inventory Turnover (TTM)2.67x

Pretax Margin (TTM)8.25%

Book Value / Share (Annual)$6.31

Price vs S&P 500 (13W)-23.99%

Beta2.12x

P/FCF (Annual)37.57x

Revenue / Share (TTM)$12.05

ROE (TTM)13.52%

52-Week Low$31.41

vGradeD

gGradeA

mGradeD

vgmGradeC

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Earnings Surprise History

Q1 260.52est. 0.35

Analyst Recommendations

Feb 2026

Mar 2026

Apr 2026

May 2026

4.12

4.14

Industry Peers — Rubber & Plastics Footwear(3)

Symbol	Value Score	Growth Score	Momentum Score	Price
ONONOn Holding AG	D	A	D	$39.63
NKENike, Inc.	D	D	D	$45.93
DECKDeckers Outdoor Corp	C	B	B	$110.82
CROXCrocs, Inc.	C	C	A	$119.28

About

Swiss-based sportswear company specializing in athletic footwear, which represents 93% of revenue, with complementary apparel and accessories offerings. Known for its CloudTec running shoe technology, On distributes products across 80+ countries through a balanced dual-channel model: 58% wholesale and 42% direct-to-consumer. In 2025, geographic revenue was concentrated in North America (58%), with Europe, Middle East, and Africa accounting for 25% and Asia-Pacific 17%.