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    O

    On Holding Ltd (ONON)

    Official site

    CONSUMER CYCLICAL • FOOTWEAR & ACCESSORIES • NYSE

    $35.51
    +0.02 (+0.06%)

    Market Cap: $11.86B

    Last updated: Oct 16, 2026 at 4:56 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    50%(10/20)
    Avg Surprise
    -142.60%
    Streak
    4 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.40
    Range$0.34 - $0.52
    16 analysts
    EPS Revisions
    3
    0
    7d
    2
    3
    30d
    EPS Estimate DriftChange to current
    90d ago$0.40-0.0%
    60d ago$0.40-0.5%
    30d ago$0.39+2.3%
    7d ago$0.39+2.1%
    Current$0.40
    Revenue Consensus
    $931M
    Range$874M - $954M
    22 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.43
    Range$0.36 - $0.54
    23 analysts
    Revenue Consensus
    $881M
    Range$782M - $918M
    30 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.43---
    Sep 26EST
    		-$0.40---
    Jun 26
    Reported Aug 11
    		$0.39$0.38+2.63%Beat+533.3%
    Mar 26
    Reported May 12
    		$0.37$0.27+37.04%Beat+76.2%
    Dec 25
    Reported Mar 3
    		$0.25$0.21+17.81%Beat-24.2%
    Sep 25
    Reported Nov 12
    		$0.43$0.27+59.26%Beat+168.8%
    Jun 25
    Reported Aug 12
    		$-0.09N/A-142.86%Miss-164.3%
    Mar 25
    Reported May 13
    		$0.21$0.22-4.55%Miss-36.4%
    Dec 24
    Reported Mar 4
    		$0.33$0.18+83.84%Beat+650.0%
    Sep 24
    Reported Nov 12
    		$0.16$0.20-20.00%Miss-27.3%
    Jun 24
    Reported Aug 13
    		$0.14$0.17-17.65%Miss+1300.0%
    Mar 24
    Reported May 14
    		$0.33$0.15+120.00%Beat+135.7%
    Dec 23
    Reported Mar 12
    		$-0.06$0.11-154.55%Miss-44.6%
    Sep 23
    Reported Nov 14
    		$0.22$0.15+46.67%Beat+185.0%
    Jun 23
    Reported Aug 15
    		$0.01N/A-91.67%Miss-92.9%
    Mar 23
    Reported May 16
    		$0.14$-0.15+193.33%Beat+177.8%
    Dec 22
    Reported Mar 17
    		$-0.04$0.02-307.50%Miss+93.1%
    Sep 22
    Reported Nov 16
    		$0.08$0.11-29.82%Miss+93.0%
    Jun 22
    Reported Aug 16
    		$0.14$0.04+250.00%Beat+201.1%
    Mar 22
    Reported May 17
    		$0.05$-0.04+226.00%Beat+230.2%
    Dec 21
    Reported Mar 18
    		$-0.60$0.02-3100.00%Miss-6215.8%
    Sep 21
    Reported Nov 16
    		$0.04$0.05-20.00%Miss+33.3%
    Jun 21
    Reported Sep 1
    		$0.05$0.00N/ABeat+169.1%
    Mar 21
    Reported Jun 29
    		$-0.04$0.00N/AMiss+41.6%
    Dec 20
    Reported Mar 31
    		$-0.01$0.00N/AMiss-
    Sep 20
    Reported Sep 30
    		$0.03N/AN/ABeat-
    Mar 20
    Reported Jun 29
    		$-0.07$0.00N/AMiss-
    Dec 19
    Reported Mar 30
    		$-0.07$0.00N/AMiss-

    Key Metrics

    Valuation
    P/E Ratio19.71EV/EBITDAN/A
    Price/FCF22.53xFCF Yield4.44%
    Profitability
    Profit Margin12.30%Operating Margin14.00%
    ROE23.90%ROICN/A
    Financial Health
    Debt/EquityN/AInterest Coverage17.98x
    Current Ratio2.83xQuick Ratio2.25x
    Trading Statistics
    Beta2.08Avg Volume12.69M
    52-Week High$51.0852-Week Low$26.36

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$33.48
    SMA 20$31.29
    SMA 50$30.65
    SMA 200$37.47
    EMA 10$33.71
    EMA 20$32.18
    EMA 50$31.79
    EMA 200$36.33

    MACD

    Line: 1.53Signal: 0.87Hist: 0.66

    ADX

    ADX: 36.7+DI: 39.7-DI: 11.1

    Aroon & PSAR

    Aroon Up96.0
    Aroon Down24.0
    PSAR$32.68

    Bollinger Bands

    Upper Band$36.82
    Lower Band$25.76
    %B Position3535%(Upper)
    Band Width0.88

    RSI (14-Day)

    Overbought
    78.0

    Momentum Oscillators

    Stoch %K96.4
    Stoch %D97.5
    Williams %R-5.1
    ROC (10d)19.9%
    Momentum5.90
    CCI (20d)127.2
    MFI (14d)68.3

    Volatility Measures

    ATR (14d)$1.08(3.0%)
    StdDev (20d)2.77
    Hist Vol33.5%(Moderate)

    Volume Flow

    VWAP$35.40
    OBV105.1M
    AD Line-165.1M
    CMF (20d)0.084

    Volume Metrics

    Avg Vol (20d)13.1M
    Vol Ratio0.8x
    VWMA (20d)$30.79

    Pivot Points

    R3$36.58
    R2$36.22
    R1$35.85
    Pivot Point$35.49
    S1$35.12
    S2$34.76
    S3$34.39

    Advanced Oscillators

    TSI38.81
    Ultimate Osc78.9
    KST156.31

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$850.30M$850.46M$743.80M$794.40M$749.20M$726.60M$606.60M$635.80M$567.70M$508.20M$447.10M$480.50M
    Cost of Revenue$294.60M$304.24M$268.40M$272.10M$288.40M$291.30M$229.80M$250.50M$227.40M$204.90M$176.90M$192.80M
    Gross Profit$555.70M$546.22M$475.30M$522.20M$460.80M$435.30M$376.80M$385.30M$340.30M$303.30M$270.20M$287.70M
    Operating Expenses$436.30M$426.20M$392.90M$397.60M$368.00M$358.30M$323.70M$312.70M$293.00M$264.80M$229.50M$229.90M
    R&D$0$0$0$0$0$0$0$0$0$0$8.90M$0
    SG&A$436.30M$416.90M$392.80M$397.50M$132.20M$358.20M$126.30M$126.50M$110.30M$98.00M$286.60M$78.00M
    Operating Income$119.40M$120.02M$82.50M$124.70M$92.80M$77.00M$53.10M$72.60M$47.30M$38.50M$40.70M$57.80M
    Interest Income$11.30M$7.00M$8.00M$8.10M$7.50M$7.30M$6.40M$6.00M$5.80M$5.40M$4.20M$1.00M
    Interest Expense$8.30M$8.18M$100,000$8.10M$7.35M$5.78M$6.10M$6.31M$5.67M$5.07M$4.34M$3.32M
    Income Before Tax$125.70M$118.69M$70.00M$118.60M$-47,300,000$63.90M$91.50M$29.60M$42.70M$115.80M$-44,900,000$69.30M
    Income Tax Expense$20.70M$13.09M$900,000$-300,000$-6,400,000$7.20M$2.00M$-900,000$11.80M$24.40M$-18,200,000$10.60M
    Net Income$105.00M$105.60M$69.10M$118.90M$-40,900,000$56.70M$89.60M$30.50M$30.80M$91.40M$-26,700,000$58.70M
    EBITDA$155.70M$163.26M$104.60M$158.90M$-8,900,000$98.10M$118.80M$63.50M$73.30M$142.80M$46.92M$89.00M
    EBIT$119.20M$126.87M$70.10M$126.70M$-41,300,000$69.80M$90.10M$36.10M$46.90M$120.70M$40.30M$72.50M
    * Some calculated fields are derived from available data when not provided by source

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    News

    Price to sales forward of On Holding AG Class A – HAN:49G

    This article provides financial data for On Holding AG Class A (HAN:49G), specifically its price-to-sales forward ratio. It notes that the market is currently closed with no trades. The content is primarily a financial...

    TradingView•10/12/26•Neutral

    Cash flow from investing activities of On Holding AG Class A – HAN:49G

    This article presents a financial data point for On Holding AG Class A (HAN:49G), specifically focusing on its cash flow from investing activities. It indicates that the data is provided by ICE Data Services and FactSet...

    TradingView•10/12/26•Neutral

    Asset turnover of On Holding AG Class A – HAN:49G

    The article focuses on the asset turnover of On Holding AG Class A (HAN:49G) listed on the Hannover Stock Exchange. It provides a financial overview and indicates that the market is currently closed with no trades....

    TradingView•10/1/26•Neutral

    Discontinued operations of On Holding AG Class A – HAN:49G

    This article from TradingView provides information about the discontinued operations of On Holding AG Class A, listed under the ticker HAN:49G on the Hannover Stock Exchange. The content is primarily a financial data...

    TradingView•9/29/26•Neutral

    Return on assets % of On Holding AG Class A – HAN:49G

    This page provides financial data, specifically the "Return on assets %", for On Holding AG Class A (HAN:49G) on the Hannover Stock Exchange. The content emphasizes that no trades occurred and directs users to various...

    TradingView•9/29/26•Neutral

    ONON Valuation and Fair Value

    P/E
    19.7x
    Forward P/E
    15.8x
    P/FCF
    22.5x
    PEG
    0.5x
    P/B
    5.0x
    See GNG's fair value

    ONON Profitability: Margins, ROIC and FCF

    Gross margin
    64.8%
    Operating margin
    14.0%
    Net margin
    12.3%
    ROE
    23.9%
    FCF margin
    10.5%
    FCF yield
    4.4%

    ONON Competitors

    CompanyTicker
    BorgWarner IncBWA
    Lululemon Athletica Inc.LULU
    Five Below IncFIVE
    Deckers Outdoor CorporationDECK
    Maplebear Inc.CART
    Texas Roadhouse IncTXRH
    Toll Brothers IncTOL
    Service Corporation InternationalSCI

    Sector: Consumer Cyclical

    ONON Analyst Ratings

    Consensus
    Buy
    Analysts
    31
    Strong Buy
    8
    Buy
    17
    Hold
    5
    Sell
    1
    Strong Sell
    0

    ONON Bull Case vs Bear Case

    Bull case

    • ONON grew quarterly revenue 13.5% year over year.
    • 80.6% of ONON's analyst ratings are Buy or Strong Buy.

    ONON Earnings: Beat Rate and Next Report

    Beat rate
    5 of 8 quarters (62.5%)
    Average surprise
    4.1%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.40
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    2 up, 3 down

    Frequently Asked Questions About ONON

    Does ONON pay dividends?

    On Holding Ltd (ONON) does not currently pay a regular dividend.

    What is ONON's P/E ratio?

    On Holding Ltd has a price-to-earnings (P/E) ratio of 19.71.

    What is ONON's market cap?

    On Holding Ltd (ONON) has a market capitalization of $11.86B with a current stock price of $35.51.

    Related stocks

    Sector: Consumer Cyclical

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