On Holding AG (ONON)

On Holding AG Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	846.6	924.3	494.6	371	653.1	90.64
Short-Term Investments	51.8	43.7	17.8	26.3	23.7	9.86
Cash & Short-Term Investments	898.4	968	512.4	397.3	676.8	100.51
Cash Growth	33.71%	88.92%	28.97%	-41.30%	573.39%	462.55%
Accounts Receivable	333.8	246.1	204.8	174.6	99.3	51.63
Other Receivables	-	45.4	26.6	49	27.1	12.44
Receivables	333.8	291.5	231.4	223.6	126.4	64.07
Inventory	360.4	419.2	356.5	395.6	134.2	102.88
Prepaid Expenses	-	42	27	21	16.5	5.21
Other Current Assets	139.3	39	24	14	10.7	9.59
Total Current Assets	1,732	1,760	1,151	1,052	964.6	282.26
Property, Plant & Equipment	603.8	450.8	307.6	228.8	212.3	39.72
Goodwill	-	1.8	1.8	1.8	1.8	1.79
Other Intangible Assets	55.3	56.5	62.8	68.5	55.7	52.88
Long-Term Deferred Tax Assets	152.5	107.8	69.5	31.7	2.2	5.92
Other Long-Term Assets	0.1	0.1	-	0.1	-0.1	-
Total Assets	2,544	2,377	1,593	1,382	1,237	382.57
Accounts Payable	160.7	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	70.9	59.1	38.7	21.6	13.6	4.31
Current Income Taxes Payable	63.6	62.5	23.5	13.9	2.4	1.05
Other Current Liabilities	390.7	89.9	39.4	26.1	13.5	5.34
Total Current Liabilities	685.9	660.4	305.6	242.7	205	86.36
Long-Term Leases	426.9	288.5	190.3	138.8	167.2	19.17
Long-Term Deferred Tax Liabilities	8.8	10.8	10.5	17.9	5.6	5.66
Other Long-Term Liabilities	18	16.6	9.9	7.2	4.4	20.65
Total Liabilities	1,147	984.9	518.5	412.9	388.1	137.48
Common Stock	33.7	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	194.7	232.8	-21	-109.1	-189.6	-27.72
Treasury Stock	-26.6	-26.8	-26.7	-26.1	-25	-
Comprehensive Income & Other	1,195	395.2	331.8	314.3	272.6	95.41
Shareholders' Equity	1,397	1,392	1,075	969.5	848.4	245.09
Total Liabilities & Equity	2,544	2,377	1,593	1,382	1,237	382.57
Total Debt	497.8	347.6	229	160.4	180.8	23.73
Net Cash (Debt)	400.6	620.4	283.4	236.9	496	76.78
Net Cash Growth	20.52%	118.91%	19.63%	-52.24%	546.02%	-
Net Cash Per Share	1.21	1.89	0.88	0.74	1.72	0.29
Filing Date Shares Outstanding	329.64	323.84	318.76	316.52	313.42	271.44
Total Common Shares Outstanding	329.64	323.84	318.76	316.52	311.41	271.44
Working Capital	1,046	1,099	845.7	808.8	759.6	195.9
Book Value Per Share	4.24	4.30	3.37	3.06	2.72	0.90
Tangible Book Value	1,342	1,334	1,010	899.2	790.9	190.43
Tangible Book Value Per Share	4.07	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

Updated Aug 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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