On Holding AG (ONON)

On Holding AG Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	203.7	242.3	79.6	57.7	-170.2
Depreciation & Amortization	127.4	104.6	64.9	46.4	31.4
Stock-Based Compensation	66.6	57.5	27.3	38.3	192.4
Other Adjustments	166.3	-34.8	81	16.8	29.7
Change in Receivables	-96.1	-30.1	-46.9	-78.6	-47
Changes in Inventories	-82.4	-27.8	-10	-273	-31.8
Changes in Accounts Payable	-9.2	104	-44.3	65.8	4.3
Changes in Accrued Expenses	-7.8	18	4.8	-7.4	4.4
Changes in Income Taxes Payable	-64	-41.2	-28.6	-31	-4.4
Changes in Other Operating Activities	55.1	118.2	104.4	-62	8.1
Operating Cash Flow	359.5	510.6	232.1	-227	16.9
Operating Cash Flow Growth	-29.59%	119.99%	-	-	-
Capital Expenditures	-72.9	-60.5	-42.8	-60.3	-24.6
Sale of Property, Plant & Equipment	-	0.1	-	-	-
Purchases of Intangible Assets	-5.7	-4.5	-4.4	-22.7	-11.6
Payments for Business Acquisitions	-	-	-	-	-0.2
Investing Cash Flow	-78.6	-64.9	-47.1	-82.9	-36.4
Long-Term Debt Repaid	-69.9	-51.3	-25.5	-15.4	-13.3
Net Long-Term Debt Issued (Repaid)	-69.9	-51.3	-25.5	-15.4	-13.3
Issuance of Common Stock	12.9	11.1	10.1	26.4	618.8
Net Common Stock Issued (Repurchased)	12.9	11.1	10.1	26.4	618.8
Other Financing Activities	-21.5	-15.3	-6.5	-4.7	-9.6
Financing Cash Flow	-78.5	-55.4	-21.8	6.3	595.9
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-106.7	39.4	-39.6	21.5	-13.9
Net Cash Flow	202.2	390.4	163.2	-303.6	576.4
Free Cash Flow	286.6	450.1	189.3	-287.3	-7.7
Free Cash Flow Growth	-36.33%	137.77%	-	-	-
FCF Margin	9.51%	19.42%	10.56%	-23.51%	-1.06%
Free Cash Flow Per Share	0.96	1.54	0.66	-1.01	-0.03
Levered Free Cash Flow	80	406.3	102.5	-279.2	-196.1
Unlevered Free Cash Flow	320.44	398.6	255.98	-258.47	-163.07

Updated Mar 3, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q