ONON
NYSE
CH
On Holding AG Class A Ordinary Shares
$37.03
▲ +$1.61
(+4.53%)
Vol 976K
Mkt Cap
$11.7B
P/E
45.1
ROE
13.5%
Margin
6.8%
Beta
2.17
52W
$31–$61
Wall Street Consensus
35 analysts · Apr 202612
Strong Buy
18
Buy
4
Hold
0
Sell
1
Strong Sell
85.7%
Buy Rating
Price Chart
Earnings
Beat rate: 75.0%
Next Report
May 11, 2026
EPS Estimate: $0.27
| Quarter | EPS Est | EPS Act | Surprise |
|---|---|---|---|
| Mar 2026 | $0.27 | — | — |
| Dec 2025 | $0.21 | $0.25 | +$0.04 |
| Sep 2025 | $0.25 | $0.47 | +$0.22 |
| Jun 2025 | $0.22 | $-0.10 | $-0.32 |
Quarterly Revenue & Earnings
| Quarter | 2024-0… | 2024-1… | 2025-0… | 2025-0… | 2025-0… | 2025-1… |
|---|---|---|---|---|---|---|
| Revenue | — | $606.6M | $726.6M | $749.2M | $794.4M | $743.8M |
| Net Income | — | $89.6M | $56.7M | -$40.9M | $118.9M | $69.1M |
Fundamentals Trend
| Metric | 2026-04-12 | 2026-04-17 |
|---|---|---|
| ROE (TTM) | 13.5% | 13.5% |
| P/E (TTM) | 43.00 | 45.12 |
| Net Margin | 6.8% | 6.8% |
| Gross Margin | 62.8% | 62.8% |
| D/E Ratio | — | — |
| Current Ratio | 2.71 | 2.71 |
Key Ratios
ROA (TTM)
7.7%
P/S (TTM)
3.05
P/B
7.4
EPS (TTM)
$0.61
CF/Share
$0.48
Rev Growth 3Y
+35.1%
52W High
$61.29
52W Low
$31.41
$31.41
52-Week Range
$61.29
Financial Health
Free Cash Flow
$84.5M
Net Debt
-$497.5M
Cash
$1.0B
Total Debt
$521.5M
As of Dec 31, 2025
How does ONON compare to Textiles, Apparel & Luxury Goods peers?
Peer group: Top 25% · Textiles, Apparel & Luxury Goods (Top 25%) · 11 companies
ONON valuation vs Textiles, Apparel & Luxury Goods peers
P/E ratio
43.0
▲
62%
above
peers
(26.6)
vs Peers
vs Industry
Overvalued
P/S ratio
2.9
▲
2%
above
peers
(2.9)
vs Peers
vs Industry
Fair value
P/B ratio
7.4
▲
42%
above
peers
(5.2)
vs Peers
vs Industry
Overvalued
Div yield
—
▼
0%
below
peers
(1.8%)
vs Peers
vs Industry
In line
ONON profitability vs Textiles, Apparel & Luxury Goods peers
ROE
13.5%
▼
33%
below
peers
(20.3%)
vs Peers
vs Industry
Weak
Net margin
6.8%
▼
29%
below
peers
(9.5%)
vs Peers
vs Industry
Weak
Gross margin
62.8%
▲
8%
above
peers
(58.3%)
vs Peers
vs Industry
Top tier
ROA
7.7%
▼
0%
below
peers
(7.7%)
vs Peers
vs Industry
In line
ONON financial health vs Textiles, Apparel & Luxury Goods peers
D/E ratio
—
▼
0%
below
peers
(0.0)
vs Peers
vs Industry
Low debt
Current ratio
2.7
▲
28%
above
peers
(2.1)
vs Peers
vs Industry
Strong liquidity
Beta
2.2
▲
65%
above
peers
(1.3)
vs Peers
vs Industry
More volatile
ONON fundamentals radar
ONON
Peer median
Industry
ONON profitability vs leverage
Bubble size = market cap · X = net margin · Y = D/E ratio
ONON vs peers: key metrics
Insider Activity
BearishBuys
5
Sells
3
$438581
HOFFMAN MARTIN
Chief Executive Officer · Apr 06
sale
4150 shs
HOFFMAN MARTIN
Chief Executive Officer · Mar 30
sale
4150 shs
HOFFMAN MARTIN
Chief Executive Officer · Mar 27
conversion of exercise of derivative security
23829 shs
BANSE AMY L
Director · Mar 24
award
1689 shs
DURKIN DENNIS M
Director · Mar 24
award
2008 shs
MIELE LAURA KAREN
Director · Mar 24
award
1689 shs
PEREZ ALEXANDRE MBA
Director · Mar 24
award
2008 shs
HELMERSSON HELENA
Director · Mar 24
award
1689 shs
HOFFMAN MARTIN
Chief Executive Officer · Mar 23
sale
4150 shs
HOFFMAN MARTIN
Chief Executive Officer · Mar 20
conversion of exercise of derivative security
25000 shs
Last 90 days
Top Holders
Top 5: 28.49%FMR, LLC
10.00%
$995.8M
Morgan Stanley
8.12%
$809.2M
Platinum Paramount Investme…
3.81%
$379.5M
Alliancebernstein L.P.
3.73%
$371.8M
Sinvest Investments II Ltd.
2.83%
$281.8M
As of Dec 31, 2025