On Holding AG

As of June 30, 2026, On Holding AG Units Thailand Depositery Receipts Repr 0.01 Sh carries a market capitalization of 378.53B, placing it among publicly traded companies globally. Its enterprise value stands at 349.82B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

On Holding AG Units Thailand Depositery Receipts Repr 0.01 Sh's next confirmed earnings release is scheduled for November 17, 2026.

As of June 30, 2026, On Holding AG Units Thailand Depositery Receipts Repr 0.01 Sh has 160.40B shares outstanding.

As of June 30, 2026, On Holding AG Units Thailand Depositery Receipts Repr 0.01 Sh trades at a trailing price-to-earnings ratio of 44.11. The price-to-sales ratio is 5.43, and the price-to-book ratio stands at 4.81.

As of June 30, 2026, On Holding AG Units Thailand Depositery Receipts Repr 0.01 Sh trades at an EV/EBITDA multiple of 14.59 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 2.64 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 19.16 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. On Holding AG Units Thailand Depositery Receipts Repr 0.01 Sh trades at an EV/FCF ratio of 18.90, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 349.82B versus a market cap of 378.53B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, On Holding AG Units Thailand Depositery Receipts Repr 0.01 Sh 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 Units Thailand Depositery Receipts Repr 0.01 Sh 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 34.99M 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 Units Thailand Depositery Receipts Repr 0.01 Sh 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 Units Thailand Depositery Receipts Repr 0.01 Sh recorded 1.40B 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 17.70B, leaving 16.30B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 21, 2026, On Holding AG Units Thailand Depositery Receipts Repr 0.01 Sh's stock has declined approximately 17.86% over the past 52 weeks. The 50-day moving average sits at 2.04, while the 200-day moving average is 2.45.

Over the twelve months ended June 30, 2026, On Holding AG Units Thailand Depositery Receipts Repr 0.01 Sh generated 132.46B in revenue and converted that into 16.30B in net income, yielding earnings per share of 0.05. EBITDA reached 23.97B, while operating income came in at 18.26B.

As of June 30, 2026, On Holding AG Units Thailand Depositery Receipts Repr 0.01 Sh holds 51.85B in cash and equivalents against 23.14B in total debt, resulting in a net debt position of -49.55B. Total book value stands at 78.62B, with working capital of 61.00B providing operational flexibility.

On Holding AG Units Thailand Depositery Receipts Repr 0.01 Sh produced 21.61B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -3.96B in capital expenditures, free cash flow totaled 17.65B - equivalent to 0.06 per share.

Over the twelve months ended June 30, 2026, On Holding AG Units Thailand Depositery Receipts Repr 0.01 Sh 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.

Over the twelve months ended June 30, 2026, On Holding AG Units Thailand Depositery Receipts Repr 0.01 Sh paid dividends of - - per share. The dividend payout ratio of - - indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 2.42, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 0.92, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to On Holding AG Units Thailand Depositery Receipts Repr 0.01 Sh shareholders.

As of June 30, 2026, On Holding AG Units Thailand Depositery Receipts Repr 0.01 Sh has an Altman Z-Score of 6.44, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.