ONON
Company Description
On Holding AG, together with its subsidiaries, develops and distributes performance sports products under the On brand in Switzerland, the rest of Europe, the Middle East, Africa, the United States, the rest of the Americas, and the Asia-Pacific. The company offers athletic footwear, apparel, and accessories for performance running, performance outdoor, performance all day, performance training, performance tennis, and young movers. It sells its products to athletes and active customers through wholesale and direct-to-consumer channels; run specialty, general sporting goods, outdoor, luxury, street fashion, and lifestyle retailers; owned retail stores; and e-commerce platforms. On Holding AG was founded in 2010 and is headquartered in Zurich, Switzerland.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 2.88B | 2.32B | 1.79B | 1.22B | 724.60M | 425.30M | 267.12M |
| Net Income | 194.54M | 242.30M | 79.60M | 57.70M | (170.20M) | (27.50M) | (1.47M) |
| EPS | 0.59 | 0.71 | 0.25 | 0.18 | -0.55 | -0.09 | -0.00 |
| Free Cash Flow | 253.18M | 445.60M | 184.90M | (310.00M) | (19.30M) | (33.30M) | (14.44M) |
| FCF / Share | 0.77 | 1.31 | 0.57 | -0.98 | -0.06 | -0.11 | -0.05 |
| Operating CF | 322.80M | 510.60M | 232.10M | (227.00M) | 16.90M | (14.70M) | (5.22M) |
| Total Assets | 2.84B | 2.38B | 1.59B | 1.38B | 1.24B | 382.57M | 143.63M |
| Total Debt | 581.66M | 347.60M | 229.00M | 160.40M | 180.80M | 23.73M | 20.20M |
| Cash & Equiv | 1.02B | 924.30M | 494.60M | 371.00M | 653.10M | 90.64M | 11.93M |
| Book Value | 1.63B | 1.39B | 1.07B | 969.50M | 848.40M | 245.09M | 64.41M |
| Return on Equity | 0.12 | 0.17 | 0.07 | 0.06 | -0.20 | -0.11 | -0.02 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 850.46M | 738.15M | 794.40M | 749.20M | 726.60M | 606.60M | 635.80M | 567.70M | 508.20M | 447.10M | 480.50M | 444.30M |
| Net Income | 105.60M | 68.57M | 118.90M | (40.90M) | 56.70M | 89.60M | 30.50M | 30.80M | 91.40M | (26.70M) | 58.70M | 3.30M |
| EPS | 0.32 | 0.21 | 0.36 | -0.12 | 0.17 | 0.26 | 0.09 | 0.09 | 0.28 | -0.08 | 0.19 | 0.01 |
| Free Cash Flow | 6.54M | 80.12M | 136.80M | 83.80M | (24.20M) | 149.00M | 139.10M | 85.60M | 71.90M | 103.30M | 99.30M | (7.30M) |
| FCF / Share | 0.02 | 0.24 | 0.41 | 0.25 | -0.07 | 0.44 | 0.41 | 0.26 | 0.22 | 0.32 | 0.31 | -0.02 |
| Operating CF | 23.62M | 106.67M | 157.30M | 101.20M | (12.10M) | 168.80M | 158.30M | 102.50M | 81.00M | 121.40M | 107.40M | 3.90M |
| Total Assets | 2.95B | 2.84B | 2.75B | 2.54B | 2.42B | 2.38B | 2.11B | 2.05B | 1.89B | 1.59B | 1.71B | 1.54B |
| Total Debt | 598.11M | 581.66M | 503.90M | 497.80M | 338.00M | 347.60M | 281.80M | 339.50M | 272.90M | 229.00M | 207.80M | 164.30M |
| Cash & Equiv | 1.02B | 1.02B | 961.80M | 846.60M | 871.80M | 924.30M | 749.00M | 652.40M | 584.60M | 494.60M | 432.00M | 337.10M |
| Book Value | 1.77B | 1.63B | 1.54B | 1.40B | 1.46B | 1.39B | 1.27B | 1.23B | 1.18B | 1.07B | 1.09B | 1.03B |
| Return on Equity | 0.06 | 0.04 | 0.08 | -0.03 | 0.04 | 0.06 | 0.02 | 0.03 | 0.08 | -0.02 | 0.05 | 0.00 |