On Holding AG (ONON)

NYSE: ONON · Real-Time Price · USD

34.22

-1.20 (-3.39%)

At close: Oct 21, 2026, 4:00 PM EDT

34.00

-0.22 (-0.64%)

Pre-market: Oct 22, 2026, 5:42 AM 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	Oct '26 Oct 21, 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	11,437	15,501	17,533	8,576	5,449	12,649
Market Cap Growth	-16.25%	-11.59%	104.45%	57.40%	-56.93%	-
Enterprise Value	10,599	14,848	16,980	8,274	5,407	12,057
Last Close Price	34.22	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	Oct '26 Oct 21, 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	23.36	60.34	65.57	90.72	87.32	-
Forward PE	18.44	29.37	52.39	33.18	38.92	158.84
PS Ratio	2.87	4.08	6.85	4.03	4.12	15.91
PB Ratio	4.83	7.53	11.42	6.72	5.20	13.59
P/TBV Ratio	4.98	7.79	11.92	7.15	5.60	14.58
P/FCF Ratio	21.49	42.89	35.30	38.15	-	-
P/OCF Ratio	17.91	34.19	31.12	31.11	-	682.31
PEG Ratio	0.73	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	Oct '26 Oct 21, 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	2.66	3.91	6.64	3.89	4.09	15.17
EV/EBITDA Ratio	17.46	28.04	61.84	28.47	48.44	-
EV/EBIT Ratio	19.31	31.26	72.92	38.75	58.82	-
EV/FCF Ratio	19.91	41.08	34.19	36.81	-	-

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 21, 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	Oct '26 Oct 21, 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	4.28%	1.66%	1.52%	1.10%	1.15%	-1.48%
FCF Yield	4.65%	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