On Holding AG (ONON)

NYSE: ONON · Real-Time Price · USD

32.22

+0.63 (1.99%)

At close: Aug 14, 2026, 4:00 PM EDT

32.23

+0.01 (0.03%)

After-hours: Aug 14, 2026, 7:59 PM EDT

On Holding AG Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 14, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	10,768	15,501	17,533	8,576	5,449	12,649
Market Cap Growth	-31.57%	-11.59%	104.45%	57.40%	-56.93%	-
Enterprise Value	9,931	14,848	16,980	8,274	5,407	12,057
Last Close Price	32.22	46.48	54.77	26.97	17.16	37.81

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 14, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	21.99	60.34	65.57	90.72	87.32	-
Forward PE	17.48	29.37	52.39	33.18	38.92	158.84
PS Ratio	2.70	4.08	6.85	4.03	4.12	15.91
PB Ratio	4.55	7.53	11.42	6.72	5.20	13.59
P/TBV Ratio	4.69	7.79	11.92	7.15	5.60	14.58
P/FCF Ratio	20.01	42.89	35.30	38.15	-	-
P/OCF Ratio	16.67	34.19	31.12	31.11	-	682.31
PEG Ratio	0.71	1.07	1.44	0.86	0.86	-

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 14, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
EV/Sales Ratio	2.49	3.91	6.64	3.89	4.09	15.17
EV/EBITDA Ratio	16.36	28.04	61.84	28.47	48.44	-
EV/EBIT Ratio	18.09	31.26	72.92	38.75	58.82	-
EV/FCF Ratio	18.45	41.08	34.19	36.81	-	-

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 14, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt / Equity Ratio	0.29	0.32	0.25	0.21	0.17	0.21
Debt / EBITDA Ratio	0.97	1.04	1.12	0.94	1.27	-
Debt / FCF Ratio	1.29	1.82	0.77	1.21	-	-
Net Debt / Equity Ratio	-0.35	-0.33	-0.45	-0.26	-0.24	-0.58
Net Debt / EBITDA Ratio	-1.38	-1.27	-2.49	-1.16	-2.30	3.81
Net Debt / FCF Ratio	-1.55	-1.86	-1.38	-1.50	0.83	64.42
Asset Turnover	1.11	1.16	1.17	1.21	0.93	0.90
Inventory Turnover	2.72	2.67	2.35	1.93	2.03	2.48
Quick Ratio	2.12	1.98	1.92	2.43	2.56	3.92
Current Ratio	2.83	2.71	2.67	3.77	4.33	4.71
Return on Equity (ROE)	23.95%	13.47%	19.65%	7.79%	6.35%	-31.13%
Return on Assets (ROA)	9.58%	9.03%	6.64%	7.55%	4.06%	-10.89%
Return on Invested Capital (ROIC)	32.30%	39.99%	23.40%	23.60%	11.61%	-54.20%
Return on Capital Employed (ROCE)	18.20%	17.80%	12.30%	14.00%	7.50%	-13.70%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 14, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Earnings Yield	4.55%	1.66%	1.52%	1.10%	1.15%	-1.48%
FCF Yield	5.00%	2.33%	2.83%	2.62%	-5.70%	-0.07%
Buyback Yield / Dilution	-0.95%	-1.76%	-1.49%	-1.09%	-10.92%	-8.51%

SEC Filings: 10-K · 10-Q