Birkenstock Holding PLC (BIRK) vs On Holding AG (ONON)
Birkenstock Holding PLC and On Holding AG are both Footwear & Accessories companies. On Holding AG is the larger, with a market value of $10.1B against $5.7B — 1.8× the size. Birkenstock Holding PLC trades at the lower P/E: 15.7× against 38.3×. On Holding AG grew revenue faster over the last twelve months: 29.2% against 19.2%. Birkenstock Holding PLC has the higher net margin (14.7% vs 12.3%) and the lower return on invested capital (8.63% vs 25.0%). Across the 20 metrics below, Birkenstock Holding PLC leads on 12 and On Holding AG on 8.
Valuation
Profitability
| Metric | BIRK | ONON | Footwear & Accessories median |
|---|---|---|---|
| Gross margin | 56.84% | 64.74% | 49.76% |
| Operating margin | 24.25% | 13.74% | 8.44% |
| Net margin | 14.74% | 12.25% | 5.64% |
| Free cash flow margin | 12.39% | 13.05% | 8.18% |
| Return on equity | 12.45% | 24.18% | 12.45% |
| Return on assets | 6.40% | 13.83% | 6.15% |
| Return on invested capital | 8.63% | 25.00% | 9.58% |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack