On Holding AG Balance Sheet

Financials in millions CHF. Fiscal year is January - December.

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	961.8	924.3	494.6	371	653.1	90.64
Short-Term Investments	63.1	43.7	17.8	26.3	23.7	9.86
Cash & Short-Term Investments	1,025	968	512.4	397.3	676.8	100.51
Cash Growth	36.84%	88.92%	28.97%	-41.30%	573.39%	462.55%
Accounts Receivable	340.9	246.1	204.8	174.6	99.3	51.63
Other Receivables	-	45.4	26.6	49	27.1	12.44
Receivables	340.9	291.5	231.4	223.6	126.4	64.07
Inventory	380.6	419.2	356.5	395.6	134.2	102.88
Prepaid Expenses	-	42	27	21	16.5	5.21
Other Current Assets	165.3	39	24	14	10.7	9.59
Total Current Assets	1,912	1,760	1,151	1,052	964.6	282.26
Property, Plant & Equipment	615.1	450.8	307.6	228.8	212.3	39.72
Goodwill	-	1.8	1.8	1.8	1.8	1.79
Other Intangible Assets	54.6	56.5	62.8	68.5	55.7	52.88
Long-Term Deferred Tax Assets	170.3	107.8	69.5	31.7	2.2	5.92
Other Long-Term Assets	-0.1	0.1	-	0.1	-0.1	-
Total Assets	2,752	2,377	1,593	1,382	1,237	382.57
Accounts Payable	155.6	166.5	65.1	111	45.9	41.54
Accrued Expenses	-	282.4	138.9	70.1	129.6	33.87
Short-Term Debt	-	-	-	-	-	0.25
Current Portion of Leases	76.1	59.1	38.7	21.6	13.6	4.31
Current Income Taxes Payable	65.2	62.5	23.5	13.9	2.4	1.05
Other Current Liabilities	451.7	89.9	39.4	26.1	13.5	5.34
Total Current Liabilities	748.6	660.4	305.6	242.7	205	86.36
Long-Term Leases	427.8	288.5	190.3	138.8	167.2	19.17
Pension & Post-Retirement Benefits	7.9	8.6	2.2	6.3	5.9	5.63
Long-Term Deferred Tax Liabilities	6.5	10.8	10.5	17.9	5.6	5.66
Other Long-Term Liabilities	19.5	16.6	9.9	7.2	4.4	20.65
Total Liabilities	1,210	984.9	518.5	412.9	388.1	137.48
Common Stock	34	33.7	33.5	33.5	33.5	2.17
Additional Paid-In Capital	-	756.9	756.9	756.9	756.9	175.23
Retained Earnings	313.6	232.8	-21	-109.1	-189.6	-27.72
Treasury Stock	-26.7	-26.8	-26.7	-26.1	-25	-
Comprehensive Income & Other	1,220	395.2	331.8	314.3	272.6	95.41
Shareholders' Equity	1,541	1,392	1,075	969.5	848.4	245.09
Total Liabilities & Equity	2,752	2,377	1,593	1,382	1,237	382.57
Total Debt	503.9	347.6	229	160.4	180.8	23.73
Net Cash (Debt)	521	620.4	283.4	236.9	496	76.78
Net Cash Growth	11.52%	118.91%	19.63%	-52.24%	546.02%	-
Net Cash Per Share	1.56	1.89	0.88	0.74	1.72	0.29
Filing Date Shares Outstanding	329.96	323.84	318.76	316.52	313.42	271.44
Total Common Shares Outstanding	329.96	323.84	318.76	316.52	311.41	271.44
Working Capital	1,163	1,099	845.7	808.8	759.6	195.9
Book Value Per Share	4.67	4.30	3.37	3.06	2.72	0.90
Tangible Book Value	1,487	1,334	1,010	899.2	790.9	190.43
Tangible Book Value Per Share	4.51	4.12	3.17	2.84	2.54	0.70
Machinery	-	78.8	55.2	37.1	19.2	14.35
Leasehold Improvements	-	97.4	61.3	49.7	20.9	6.65

Source: S&P Global Market Intelligence. Standard template. Financial Sources.