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

37.72 0.18 +0.48%
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) Return on assets

Alert me on Return on assets

On Holding AG's return on assets over the twelve months to 30 June 2026 was 13.8%, up 5.8 percentage points from fiscal 2025 (8.03%). Over the past ten years it has ranged from −21.2% (fiscal 2021) to 12.3% (fiscal 2024); the current reading is higher than 86% of that period. That is above the Footwear & Accessories industry median of 6.62% and above the Consumer Cyclical sector median of 1.47%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 8.03% (4.27)
FY2024 12.3% 6.80
FY2023 5.50% 1.18
FY2022 4.32% 25.47
FY2021 −21.2% (10.63)
FY2020 −10.5% (9.19)
FY2019 −1.33% —

Against its own ten years

Low −21.2% High 12.3%
Ten-year median 4.32%
Current reading's percentile 86

Return on assets against peers

Company Return on assets
DECK Deckers Outdoor Corporation compare 27.4%
CROX Crocs, Inc. compare 15.5%
ONON On Holding AG 13.8%
WEYS Weyco Group, Inc. compare 11.3%
NKE NIKE, Inc. compare 8.23%
SHOO Steven Madden, Ltd. compare 7.68%
BIRK Birkenstock Holding PLC compare 6.40%
WWW Wolverine World Wide, Inc. compare 6.15%
FOSL Fossil Group, Inc. compare −10.3%
Footwear & Accessories industry median 6.62%
Consumer Cyclical sector median 1.47%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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