On Holding AG
ONONConsumer CyclicalNASDAQFootwear & Accessories
Scan Results
Daily timeframeOn 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 $12.77B market capitalization puts ONON squarely in large-cap range for its industry. The company offers athletic footwear, apparel, and accessories for performance running, performance outdoor, performance all day, performance training, performance tennis, and young movers.
Market Cap
$12.77B
Beta
2.09
P/E (TTM)
39.92
P/E (Fwd)
17.59
EPS (TTM)
$0.96
EPS (Fwd)
$2.18
ROE
15.5%
ROA
9.7%
Cash
$1.02B
Total Debt
$541.9M
Free CF
$240.1M
52W Change
-34.0%
Annual Financials
Cash vs Debt
The balance sheet looks solid with $1.02B in cash comfortably exceeding the $541.9M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Free cash flow comes in at $240.1M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 15.5% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 9.7% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $724.6M (2021) to $3.01B (2025), reflecting a 316% increase over the period.
On Holding AG's elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing ONON.