stockrowOn 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
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On Holding AG (ONON) Return on invested capital
On Holding AG's return on invested capital over the twelve months to 30 June 2026 was 25.0%, up 1.3 percentage points from fiscal 2025 (23.7%). Over the past ten years it has ranged from −26.5% (fiscal 2021) to 23.7% (fiscal 2025) — the current reading is the highest in ten years. That is above the Footwear & Accessories industry median of 11.0% and above the Consumer Cyclical sector median of 3.42%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 23.7% | 4.83 |
| FY2024 | 18.9% | (1.76) |
| FY2023 | 20.7% | 13.14 |
| FY2022 | 7.51% | 33.96 |
| FY2021 | −26.5% | (19.69) |
| FY2020 | −6.76% | (6.76) |
| FY2019 | 0.00% | — |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| DECK Deckers Outdoor Corporation compare | 74.0% |
| ONON On Holding AG | 25.0% |
| CROX Crocs, Inc. compare | 23.4% |
| WEYS Weyco Group, Inc. compare | 16.8% |
| NKE NIKE, Inc. compare | 15.9% |
| SHOO Steven Madden, Ltd. compare | 12.8% |
| WWW Wolverine World Wide, Inc. compare | 12.4% |
| BIRK Birkenstock Holding PLC compare | 8.63% |
| FOSL Fossil Group, Inc. compare | −1.76% |
| Footwear & Accessories industry median | 11.0% |
| Consumer Cyclical sector median | 3.42% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on ONON
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement