On Holding AG Statistics
Total Valuation
On Holding AG has a market cap or net worth of $10.03 billion. The enterprise value is $9.20 billion.
| Market Cap | 10.03B |
| Enterprise Value | 9.20B |
Important Dates
The last earnings date was Tuesday, August 11, 2026, before market open.
| Earnings Date | Aug 11, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
On Holding AG has 334.21 million shares outstanding. The number of shares has increased by 0.95% in one year.
| Current Share Class | 301.72M |
| Shares Outstanding | 334.21M |
| Shares Change (YoY) | +0.95% |
| Shares Change (QoQ) | +0.08% |
| Owned by Insiders (%) | 26.06% |
| Owned by Institutions (%) | 63.62% |
| Float | 247.03M |
Valuation Ratios
The trailing PE ratio is 20.49 and the forward PE ratio is 16.09. On Holding AG's PEG ratio is 0.65.
| PE Ratio | 20.49 |
| Forward PE | 16.09 |
| PS Ratio | 2.52 |
| Forward PS | 2.63 |
| PB Ratio | 4.24 |
| P/TBV Ratio | 4.37 |
| P/FCF Ratio | 18.36 |
| P/OCF Ratio | 15.30 |
| PEG Ratio | 0.65 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 15.15, with an EV/FCF ratio of 16.83.
| EV / Earnings | 18.75 |
| EV / Sales | 2.31 |
| EV / EBITDA | 15.15 |
| EV / EBIT | 16.75 |
| EV / FCF | 16.83 |
Financial Position
The company has a current ratio of 2.83, with a Debt / Equity ratio of 0.29.
| Current Ratio | 2.83 |
| Quick Ratio | 2.12 |
| Debt / Equity | 0.29 |
| Debt / EBITDA | 0.97 |
| Debt / FCF | 1.27 |
| Interest Coverage | 18.48 |
Financial Efficiency
Return on equity (ROE) is 23.95% and return on invested capital (ROIC) is 32.30%.
| Return on Equity (ROE) | 23.95% |
| Return on Assets (ROA) | 9.58% |
| Return on Invested Capital (ROIC) | 32.30% |
| Return on Capital Employed (ROCE) | 18.23% |
| Weighted Average Cost of Capital (WACC) | 15.12% |
| Revenue Per Employee | $1.01M |
| Profits Per Employee | $123,731 |
| Employee Count | 3,963 |
| Asset Turnover | 1.11 |
| Inventory Turnover | 2.72 |
Taxes
In the past 12 months, On Holding AG has paid $42.33 million in taxes.
| Income Tax | 42.33M |
| Effective Tax Rate | 7.95% |
Stock Price Statistics
The stock price has decreased by -33.64% in the last 52 weeks. The beta is 2.12, so On Holding AG's price volatility has been higher than the market average.
| Beta (5Y) | 2.12 |
| 52-Week Price Change | -33.64% |
| 50-Day Moving Average | 36.10 |
| 200-Day Moving Average | 40.07 |
| Relative Strength Index (RSI) | 32.83 |
| Average Volume (20 Days) | 8,678,723 |
Short Selling Information
The latest short interest is 19.82 million, so 5.93% of the outstanding shares have been sold short.
| Short Interest | 19.82M |
| Short Previous Month | 20.71M |
| Short % of Shares Out | 5.93% |
| Short % of Float | 8.02% |
| Short Ratio (days to cover) | 4.81 |
Income Statement
In the last 12 months, On Holding AG had revenue of $3.99 billion and earned $490.35 million in profits. Earnings per share was $1.47.
| Revenue | 3.99B |
| Gross Profit | 2.58B |
| Operating Income | 548.89M |
| Pretax Income | 532.67M |
| Net Income | 490.35M |
| EBITDA | 606.93M |
| EBIT | 548.89M |
| Earnings Per Share (EPS) | $1.47 |
Balance Sheet
The company has $1.53 billion in cash and $696.16 million in debt, with a net cash position of $837.75 million or $2.51 per share.
| Cash & Cash Equivalents | 1.53B |
| Total Debt | 696.16M |
| Net Cash | 837.75M |
| Net Cash Per Share | $2.51 |
| Equity (Book Value) | 2.37B |
| Book Value Per Share | 7.08 |
| Working Capital | 1.84B |
Cash Flow
In the last 12 months, operating cash flow was $655.66 million and capital expenditures -$109.19 million, giving a free cash flow of $546.46 million.
| Operating Cash Flow | 655.66M |
| Capital Expenditures | -109.19M |
| Depreciation & Amortization | 58.53M |
| Net Borrowing | -88.60M |
| Free Cash Flow | 546.46M |
| FCF Per Share | $1.64 |
Margins
Gross margin is 64.82%, with operating and profit margins of 13.77% and 12.30%.
| Gross Margin | 64.82% |
| Operating Margin | 13.77% |
| Pretax Margin | 13.36% |
| Profit Margin | 12.30% |
| EBITDA Margin | 15.23% |
| EBIT Margin | 13.77% |
| FCF Margin | 13.60% |
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 | -0.95% |
| Shareholder Yield | -0.95% |
| Earnings Yield | 4.89% |
| FCF Yield | 5.45% |
Analyst Forecast
The average price target for On Holding AG is $45.50, which is 49.53% higher than the current price. The consensus rating is "Buy".
| Price Target | $45.50 |
| Price Target Difference | 49.53% |
| Analyst Consensus | Buy |
| Analyst Count | 28 |
| Revenue Growth Forecast (3Y) | 18.61% |
| EPS Growth Forecast (3Y) | 37.73% |
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 7.32 and a Piotroski F-Score of 6.
| Altman Z-Score | 7.32 |
| Piotroski F-Score | 6 |