On Holding AG (ONON)
NYSE: ONON · Real-Time Price · USD
28.21
-0.15 (-0.53%)
Sep 4, 2026, 11:30 AM EDT - Market open
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 | Sep '26 Sep 4, 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 |
| 9,428 | 15,501 | 17,533 | 8,576 | 5,449 | 12,649 | |
Market Cap Growth | -35.54% | -11.59% | 104.45% | 57.40% | -56.93% | - |
Enterprise Value | 8,590 | 14,848 | 16,980 | 8,274 | 5,407 | 12,057 |
Last Close Price | 28.36 | 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 | Sep '26 Sep 4, 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 | 19.28 | 60.34 | 65.57 | 90.72 | 87.32 | - |
Forward PE | 15.24 | 29.37 | 52.39 | 33.18 | 38.92 | 158.84 |
PS Ratio | 2.38 | 4.08 | 6.85 | 4.03 | 4.12 | 15.91 |
PB Ratio | 4.01 | 7.53 | 11.42 | 6.72 | 5.20 | 13.59 |
P/TBV Ratio | 4.13 | 7.79 | 11.92 | 7.15 | 5.60 | 14.58 |
P/FCF Ratio | 17.52 | 42.89 | 35.30 | 38.15 | - | - |
P/OCF Ratio | 14.61 | 34.19 | 31.12 | 31.11 | - | 682.31 |
PEG Ratio | 0.63 | 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 | Sep '26 Sep 4, 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 | 2.17 | 3.91 | 6.64 | 3.89 | 4.09 | 15.17 |
EV/EBITDA Ratio | 14.24 | 28.04 | 61.84 | 28.47 | 48.44 | - |
EV/EBIT Ratio | 15.74 | 31.26 | 72.92 | 38.75 | 58.82 | - |
EV/FCF Ratio | 15.98 | 41.08 | 34.19 | 36.81 | - | - |
Financial Efficiency
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 4, 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 | Sep '26 Sep 4, 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 | 5.17% | 1.66% | 1.52% | 1.10% | 1.15% | -1.48% |
FCF Yield | 5.71% | 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% |