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

37.47 1.15 −2.98%
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) Revenue growth

Alert me on Revenue growth

On Holding AG's revenue growth over the twelve months to 30 June 2026 was 29.2%, down 8.9 percentage points from fiscal 2025 (38.2%). Over the past ten years it has ranged from −40.7% (fiscal 2019) to 74.8% (fiscal 2021); the current reading is higher than 43% of that period. That is above the Footwear & Accessories industry median of 0.70% and above the Consumer Cyclical sector median of 4.18%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 38.2% 6.23
FY2024 31.9% (23.96)
FY2023 55.9% (5.66)
FY2022 61.5% (13.23)
FY2021 74.8% 6.14
FY2020 68.6% 109.31
FY2019 −40.7% —

Quarterly newest first

Period Revenue growth Change (points)
Jun 2026 18.5% (12.87)
Mar 2026 31.3% (3.26)
Dec 2025 34.6% (0.51)
Sep 2025 35.1% (9.57)
15 more quarters

Against its own ten years

Low −40.7% High 74.8%
Ten-year median 55.9%
Current reading's percentile 43

Revenue growth against peers

Company Revenue growth
ONON On Holding AG 29.2%
BIRK Birkenstock Holding PLC compare 19.2%
SHOO Steven Madden, Ltd. compare 18.2%
WWW Wolverine World Wide, Inc. compare 7.16%
DECK Deckers Outdoor Corporation compare 6.34%
CROX Crocs, Inc. compare 0.70%
WEYS Weyco Group, Inc. compare −0.32%
NKE NIKE, Inc. compare −1.18%
FOSL Fossil Group, Inc. compare −9.10%
Footwear & Accessories industry median 0.70%
Consumer Cyclical sector median 4.18%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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