On Holding AG

On Holding AG Class A's next confirmed earnings release is scheduled for November 17, 2026.

As of June 30, 2026, On Holding AG Class A has 334.21M shares outstanding.

As of June 30, 2026, On Holding AG Class A maintains a current ratio of 2.83, meaning it holds 2.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 29.43, indicating elevated leverage, while an interest coverage ratio of 25.56 demonstrates strong ability to service its debt obligations.

Over the twelve months ended June 30, 2026, On Holding AG Class A posted a return on equity (ROE) of 23.96, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 17.77 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 13.70, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 19.10, useful for judging operating efficiency across full business cycles. The company generates approximately 921,711.14 in revenue per employee across its workforce of 3,785.75, a quick read on workforce productivity versus industry peers. Inventory turnover of 2.72 indicates how many times On Holding AG Class A sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2026, On Holding AG Class A recorded 36.95M in income tax expense. That works out to an effective tax rate of 7.92, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 466.35M, leaving 429.40M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Over the twelve months ended June 30, 2026, On Holding AG Class A generated 3.49B in revenue and converted that into 429.40M in net income, yielding earnings per share of 0.67. EBITDA reached 631.48M, while operating income came in at 481.08M.

As of June 30, 2026, On Holding AG Class A holds 1.37B in cash and equivalents against 609.48M in total debt, resulting in a net debt position of -1.31B. Total book value stands at 2.07B, with working capital of 1.61B providing operational flexibility.

On Holding AG Class A produced 569.28M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -104.34M in capital expenditures, free cash flow totaled 464.94M - equivalent to 0.73 per share.

Over the twelve months ended June 30, 2026, On Holding AG Class A posted a gross margin of 64.83, reflecting its pricing power and cost economics. The operating margin of 13.79 and net profit margin of 12.31 provide insight into operational efficiency.