ONONNYSERubber & Plastics FootwearFiscal year ends December 31
On Holding AG
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 3, 2026
$35.41+0.66 (+1.90%)
Close on Oct 19, 2026
On statistics
Financials through Dec 31, 2025, price-based ratios appear once a share price is available
Valuation
| Market Cap | CHF 8.73B |
|---|---|
| Enterprise Value | CHF 7.71B |
| PS Ratio | 2.90 |
| P/FCF Ratio | 30.47 |
| P/OCF Ratio | 24.29 |
Enterprise value
| EV / Sales | 2.56 |
|---|---|
| EV / EBITDA | 15.29 |
| EV / EBIT | 20.46 |
| EV / FCF | 26.91 |
Income (trailing twelve months)
| Revenue | CHF 3.01B |
|---|---|
| Gross Profit | CHF 1.89B |
| Operating Income | CHF 377.00M |
| Pretax Income | CHF 205.20M |
| Net Income | CHF 203.70M |
| EBITDA | CHF 504.40M |
Margins
| Gross Margin | 62.8% |
|---|---|
| Operating Margin | 12.5% |
| Pretax Margin | 6.81% |
| Profit Margin | 6.76% |
| EBITDA Margin | 16.7% |
| FCF Margin | 9.51% |
Returns
| Return on Assets (ROA) | 7.82% |
|---|---|
| Return on Capital Employed (ROCE) | 17.9% |
Growth
| Revenue Growth (YoY) | 30.0% |
|---|---|
| Net Income Growth (YoY) | -15.9% |
| FCF Growth (YoY) | -36.3% |
| Revenue Growth (3Y CAGR) | 35.1% |
| Revenue Growth (5Y CAGR) | 47.9% |
Balance sheet
| Cash & Short-Term Investments | CHF 1.02B |
|---|---|
| Net Cash (Debt) | CHF 1.02B |
| Net Cash Per Share | 3.44 CHF |
| Working Capital | CHF 1.24B |
Financial position
| Current Ratio | 2.71 |
|---|---|
| Quick Ratio | 1.83 |
| Interest Coverage | 12.74 |
Cash flow (trailing twelve months)
| Operating Cash Flow | CHF 359.50M |
|---|---|
| Capital Expenditures | -CHF 72.90M |
| Free Cash Flow | CHF 286.60M |
| FCF Per Share | 0.97 CHF |
Efficiency
| Asset Turnover | 1.16 |
|---|---|
| Inventory Turnover | 2.67 |
| Revenue Per Employee | CHF 1.51M |
| Profits Per Employee | CHF 101.85K |
| Employee Count | 2,000 |
Dividends and yields
| Earnings Yield | 2.33% |
|---|---|
| FCF Yield | 3.28% |
| Buyback Yield | -0.05% |
| Shareholder Yield | -0.05% |
Shares
| Shares Outstanding | 296,873,000 |
|---|---|
| Float | 186,238,000 |
| Shares Held by Insiders | 37.3% |
Taxes
| Income Tax | CHF 1.50M |
|---|---|
| Effective Tax Rate | 0.73% |
Scores
| Altman Z-Score | 6.57 |
|---|---|
| Piotroski F-Score | 6 |
| Beneish M-Score | -2.41 |
Calculated by StockData from On's SEC filings. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.