On Holding AG Statistics
Total Valuation
On Holding AG has a market cap or net worth of $12.79 billion. The enterprise value is $12.32 billion.
| Market Cap | 12.79B |
| Enterprise Value | 12.32B |
Important Dates
The last earnings date was Tuesday, May 12, 2026, before market open.
| Earnings Date | May 12, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
On Holding AG has 331.00 million shares outstanding. The number of shares has increased by 1.37% in one year.
| Current Share Class | 296.87M |
| Shares Outstanding | 331.00M |
| Shares Change (YoY) | +1.37% |
| Shares Change (QoQ) | +0.52% |
| Owned by Insiders (%) | 25.96% |
| Owned by Institutions (%) | 64.10% |
| Float | 244.89M |
Valuation Ratios
The trailing PE ratio is 41.40 and the forward PE ratio is 21.12. On Holding AG's PEG ratio is 0.79.
| PE Ratio | 41.40 |
| Forward PE | 21.12 |
| PS Ratio | 3.32 |
| Forward PS | 3.49 |
| PB Ratio | 5.66 |
| P/TBV Ratio | 6.03 |
| P/FCF Ratio | 32.13 |
| P/OCF Ratio | 25.85 |
| PEG Ratio | 0.79 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 21.13, with an EV/FCF ratio of 30.65.
| EV / Earnings | 39.47 |
| EV / Sales | 3.17 |
| EV / EBITDA | 21.13 |
| EV / EBIT | 23.70 |
| EV / FCF | 30.65 |
Financial Position
The company has a current ratio of 2.98, with a Debt / Equity ratio of 0.31.
| Current Ratio | 2.98 |
| Quick Ratio | 2.07 |
| Debt / Equity | 0.31 |
| Debt / EBITDA | 0.99 |
| Debt / FCF | 1.68 |
| Interest Coverage | 17.74 |
Financial Efficiency
Return on equity (ROE) is 15.50% and return on invested capital (ROIC) is 33.90%.
| Return on Equity (ROE) | 15.50% |
| Return on Assets (ROA) | 9.68% |
| Return on Invested Capital (ROIC) | 33.90% |
| Return on Capital Employed (ROCE) | 18.32% |
| Weighted Average Cost of Capital (WACC) | 15.24% |
| Revenue Per Employee | $981,282 |
| Profits Per Employee | $78,740 |
| Employee Count | 3,963 |
| Asset Turnover | 1.16 |
| Inventory Turnover | 2.80 |
Taxes
In the past 12 months, On Holding AG has paid $8.85 million in taxes.
| Income Tax | 8.85M |
| Effective Tax Rate | 2.76% |
Stock Price Statistics
The stock price has decreased by -25.15% in the last 52 weeks. The beta is 2.10, so On Holding AG's price volatility has been higher than the market average.
| Beta (5Y) | 2.10 |
| 52-Week Price Change | -25.15% |
| 50-Day Moving Average | 36.92 |
| 200-Day Moving Average | 41.59 |
| Relative Strength Index (RSI) | 55.61 |
| Average Volume (20 Days) | 4,725,642 |
Short Selling Information
The latest short interest is 20.08 million, so 6.07% of the outstanding shares have been sold short.
| Short Interest | 20.08M |
| Short Previous Month | 12.69M |
| Short % of Shares Out | 6.07% |
| Short % of Float | 8.20% |
| Short Ratio (days to cover) | 2.81 |
Income Statement
In the last 12 months, On Holding AG had revenue of $3.89 billion and earned $312.05 million in profits. Earnings per share was $0.93.
| Revenue | 3.89B |
| Gross Profit | 2.48B |
| Operating Income | 519.75M |
| Pretax Income | 320.90M |
| Net Income | 312.05M |
| EBITDA | 582.83M |
| EBIT | 519.75M |
| Earnings Per Share (EPS) | $0.93 |
Balance Sheet
The company has $1.27 billion in cash and $675.58 million in debt, with a net cash position of $596.54 million or $1.80 per share.
| Cash & Cash Equivalents | 1.27B |
| Total Debt | 675.58M |
| Net Cash | 596.54M |
| Net Cash Per Share | $1.80 |
| Equity (Book Value) | 2.21B |
| Book Value Per Share | 6.66 |
| Working Capital | 1.70B |
Cash Flow
In the last 12 months, operating cash flow was $499.55 million and capital expenditures -$97.62 million, giving a free cash flow of $401.85 million.
| Operating Cash Flow | 499.55M |
| Capital Expenditures | -97.62M |
| Depreciation & Amortization | 63.07M |
| Net Borrowing | -89.24M |
| Free Cash Flow | 401.85M |
| FCF Per Share | $1.21 |
Margins
Gross margin is 63.88%, with operating and profit margins of 13.37% and 8.02%.
| Gross Margin | 63.88% |
| Operating Margin | 13.37% |
| Pretax Margin | 8.25% |
| Profit Margin | 8.02% |
| EBITDA Margin | 14.99% |
| EBIT Margin | 13.37% |
| FCF Margin | 10.33% |
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 | -1.37% |
| Shareholder Yield | -1.37% |
| Earnings Yield | 2.42% |
| FCF Yield | 3.11% |
Analyst Forecast
The average price target for On Holding AG is $52.70, which is 36.39% higher than the current price. The consensus rating is "Buy".
| Price Target | $52.70 |
| Price Target Difference | 36.39% |
| Analyst Consensus | Buy |
| Analyst Count | 26 |
| Revenue Growth Forecast (3Y) | 19.99% |
| EPS Growth Forecast (3Y) | 39.51% |
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 8.43 and a Piotroski F-Score of 6.
| Altman Z-Score | 8.43 |
| Piotroski F-Score | 6 |