On Holding AG

ONON Consumer Cyclical Footwear & Accessories

On Holding AG’s revenue for fiscal 2025 (year ended December 2025) was $3.6 billion, up 38.1% from fiscal 2024.

Revenue
+18.5%
EPS
+368.3%
Free cash flow
+151.5%
Total debt
+16.0%

Quarter to June 2026, against a year earlier

37.57 0.03 +0.08%
Market cap
$12.4B
P/E
47.9×
Fwd P/E
22.6×
Dividend yield
—
F-score
6/9
Altman Z
14.41
Beneish M
−2.37
Dividend safety
n/a

On Holding AG (ONON) EBITDA

Alert me on EBITDA

On Holding AG's EBITDA for fiscal 2025 was $608.9M, up 69.6% from $359.1M in fiscal 2024. Over the twelve months to 30 June 2026 it was $729.2M. Over the past ten years it has ranged from −$120.0M (fiscal 2021) to $608.9M (fiscal 2025) — the current reading is the highest in ten years. EBITDA has risen for 4 consecutive fiscal years. On Holding AG ranks 5th of 13 Footwear & Accessories companies by EBITDA.

EBITDA, annual

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Annual newest first

Period EBITDA Change
FY2025 $608.9M 69.59%
FY2024 $359.1M 31.46%
FY2023 $273.1M 98.21%
FY2022 $137.8M —
FY2021 −$120.0M —
FY2020 −$5.3M —
FY2019 $11.0M —

Quarterly newest first

Period EBITDA Change
Jun 2026 $196.9M 0.84%
Mar 2026 $195.2M 40.81%
Dec 2025 $138.7M (30.12%)
Sep 2025 $198.4M 28.36%
18 more quarters

Against its own ten years

Low −$120.0M High $608.9M
Ten-year median $137.8M
Current reading's percentile 100

EBITDA against peers

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

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