On Holding AG Statistics
Total Valuation
On Holding AG has a market cap or net worth of $11.64 billion. The enterprise value is $10.96 billion.
| Market Cap | 11.64B |
| Enterprise Value | 10.96B |
Important Dates
The last earnings date was Tuesday, March 3, 2026, before market open.
| Earnings Date | Mar 3, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
On Holding AG has 331.00 million shares outstanding. The number of shares has increased by 1.76% in one year.
| Current Share Class | 296.87M |
| Shares Outstanding | 331.00M |
| Shares Change (YoY) | +1.76% |
| Shares Change (QoQ) | -0.03% |
| Owned by Insiders (%) | 25.69% |
| Owned by Institutions (%) | 63.78% |
| Float | 245.81M |
Valuation Ratios
The trailing PE ratio is 45.69 and the forward PE ratio is 21.68. On Holding AG's PEG ratio is 0.83.
| PE Ratio | 45.69 |
| Forward PE | 21.68 |
| PS Ratio | 3.06 |
| Forward PS | 3.25 |
| PB Ratio | 5.65 |
| P/TBV Ratio | 5.85 |
| P/FCF Ratio | 32.15 |
| P/OCF Ratio | 25.67 |
| PEG Ratio | 0.83 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 20.71, with an EV/FCF ratio of 30.29.
| EV / Earnings | 42.68 |
| EV / Sales | 2.88 |
| EV / EBITDA | 20.71 |
| EV / EBIT | 23.09 |
| EV / FCF | 30.29 |
Financial Position
The company has a current ratio of 2.71, with a Debt / Equity ratio of 0.32.
| Current Ratio | 2.71 |
| Quick Ratio | 1.98 |
| Debt / Equity | 0.32 |
| Debt / EBITDA | 1.04 |
| Debt / FCF | 1.82 |
| Interest Coverage | 17.60 |
Financial Efficiency
Return on equity (ROE) is 13.47% and return on invested capital (ROIC) is 35.29%.
| Return on Equity (ROE) | 13.47% |
| Return on Assets (ROA) | 9.03% |
| Return on Invested Capital (ROIC) | 35.29% |
| Return on Capital Employed (ROCE) | 17.84% |
| Weighted Average Cost of Capital (WACC) | 15.41% |
| Revenue Per Employee | $959,121 |
| Profits Per Employee | $64,822 |
| Employee Count | 3,963 |
| Asset Turnover | 1.16 |
| Inventory Turnover | 2.67 |
Taxes
In the past 12 months, On Holding AG has paid $1.89 million in taxes.
| Income Tax | 1.89M |
| Effective Tax Rate | 0.73% |
Stock Price Statistics
The stock price has decreased by -27.24% in the last 52 weeks. The beta is 2.14, so On Holding AG's price volatility has been higher than the market average.
| Beta (5Y) | 2.14 |
| 52-Week Price Change | -27.24% |
| 50-Day Moving Average | 43.81 |
| 200-Day Moving Average | 45.69 |
| Relative Strength Index (RSI) | 29.60 |
| Average Volume (20 Days) | 7,228,328 |
Short Selling Information
The latest short interest is 14.06 million, so 4.25% of the outstanding shares have been sold short.
| Short Interest | 14.06M |
| Short Previous Month | 16.69M |
| Short % of Shares Out | 4.25% |
| Short % of Float | 5.72% |
| Short Ratio (days to cover) | 2.33 |
Income Statement
In the last 12 months, On Holding AG had revenue of $3.80 billion and earned $256.89 million in profits. Earnings per share was $0.77.
| Revenue | 3.80B |
| Gross Profit | 2.39B |
| Operating Income | 474.94M |
| Pretax Income | 258.78M |
| Net Income | 256.89M |
| EBITDA | 529.54M |
| EBIT | 474.94M |
| Earnings Per Share (EPS) | $0.77 |
Balance Sheet
The company has $1.33 billion in cash and $657.67 million in debt, with a net cash position of $673.69 million or $2.04 per share.
| Cash & Cash Equivalents | 1.33B |
| Total Debt | 657.67M |
| Net Cash | 673.69M |
| Net Cash Per Share | $2.04 |
| Equity (Book Value) | 2.06B |
| Book Value Per Share | 6.22 |
| Working Capital | 1.56B |
Cash Flow
In the last 12 months, operating cash flow was $453.37 million and capital expenditures -$91.94 million, giving a free cash flow of $362.03 million.
| Operating Cash Flow | 453.37M |
| Capital Expenditures | -91.94M |
| Depreciation & Amortization | 54.70M |
| Net Borrowing | -88.30M |
| Free Cash Flow | 362.03M |
| FCF Per Share | $1.09 |
Margins
Gross margin is 62.83%, with operating and profit margins of 12.50% and 6.76%.
| Gross Margin | 62.83% |
| Operating Margin | 12.50% |
| Pretax Margin | 6.81% |
| Profit Margin | 6.76% |
| EBITDA Margin | 13.93% |
| EBIT Margin | 12.50% |
| FCF Margin | 9.52% |
Dividends & Yields
On Holding AG does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -1.76% |
| Shareholder Yield | -1.76% |
| Earnings Yield | 2.21% |
| FCF Yield | 3.11% |
Analyst Forecast
The average price target for On Holding AG is $60.14, which is 71.05% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $60.14 |
| Price Target Difference | 71.05% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 21 |
| Revenue Growth Forecast (5Y) | 19.57% |
| EPS Growth Forecast (5Y) | 29.30% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
On Holding AG has an Altman Z-Score of 8.78 and a Piotroski F-Score of 6.
| Altman Z-Score | 8.78 |
| Piotroski F-Score | 6 |