ONON

On Holding AG

Consumer Cyclical Footwear & Accessories NYSE

About the company

On Holding AG, a renowned premium performance sports brand, has established itself as a dominant force in the industry through its innovative use of technology, cutting-edge design, and societal impact. The company's extensive range of products, which includes shoes, apparel, and accessories, caters to a variety of needs, whether in the realm of athletics, casual wear, or leisure activities. By constantly pushing boundaries and challenging norms, On Holding AG has solidified its position as a trendsetter in the sports industry. One of the distinguishing factors of On Holding AG is its unique business model, which revolves around outsourcing manufacturing processes. Rather than fabricating the products or sourcing raw materials in-house, the company relies on a network of skilled third-party suppliers and contract manufacturers. This strategy allows On Holding AG to focus on its core competencies of design, technology, and marketing, ensuring that its products consistently meet the highest standards of quality. While On Holding AG operates on a global scale, it derives a significant portion of its revenue from North America. This thriving market has embraced the brand wholeheartedly, recognizing the exceptional performance and style that On Holding AG offers. The company's expansion into the North American market has been fueled by a combination of strategic partnerships, effective marketing campaigns, and a targeted approach to meeting consumer demands. The success of On Holding AG in this region has solidified its reputation as an industry leader. One of the key pillars of On Holding AG is its commitment to leveraging technology to revolutionize the sports industry. The company's research and development team continually explores cutting-edge materials and design concepts, resulting in products that offer unparalleled comfort, efficiency, and performance. Through its dedication to innovation, On Holding AG has introduced game-changing elements such as responsive cushioning systems, lightweight yet durable fabrics, and breathable mesh constructions. These technological advancements have helped athletes around the world achieve new levels of performance and redefine their limits. Beyond the realm of sports, On Holding AG places a strong emphasis on making a positive societal impact. The company actively pursues sustainable and ethical practices by carefully selecting suppliers and manufacturers who adhere to stringent environmental and labor standards. By reducing its carbon footprint and ensuring fair treatment of workers, On Holding AG strives to be a responsible global citizen and inspire other organizations to follow suit. In conclusion, On Holding AG has emerged as a dominant force in the sports industry through its unwavering commitment to technology, design, and impact. Its reliance on third-party suppliers and contract manufacturers allows the company to focus on its core competencies, while its products continue to captivate consumers around the world. With a strong presence in North America and a global reputation for excellence, On Holding AG continues to push the boundaries of what is possible, revolutionizing the way we think about sports performance, style, and sustainability.

Website: https://www.on.com

Data updated: June 2, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Consumer Cyclical · 620 peers in sector

Metric ONON Sector median Vs. industry
P/E 42.98 19.55 ↑ Above average
EPS 0.95 USD 0.16 USD ↑ Above average
Dividend yield 0.00% 0.00%
Profit margin 8.02% 0.60% ↑ Above average
ROE 15.50% 0.00% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

Financial statements & historical data

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Frequently Asked Questions

What is On Holding AG?
On Holding AG, a renowned premium performance sports brand, has established itself as a dominant force in the industry through its innovative use of technology, cutting-edge design, and societal impact. The company's extensive range of products, which includes shoes, apparel, and accessories, caters to a variety of needs, whether in the realm of athletics, casual wear, or leisure activities. By constantly pushing boundaries and challenging norms, On Holding AG has solidified its position as a trendsetter in the sports industry. One of the distinguishing factors of On Holding AG is its unique business model, which revolves around outsourcing manufacturing processes. Rather than fabricating the products or sourcing raw materials in-house, the company relies on a network of skilled third-party suppliers and contract manufacturers. This strategy allows On Holding AG to focus on its core competencies of design, technology, and marketing, ensuring that its products consistently meet the highest standards of quality. While On Holding AG operates on a global scale, it derives a significant portion of its revenue from North America. This thriving market has embraced the brand wholeheartedly, recognizing the exceptional performance and style that On Holding AG offers. The company's expansion into the North American market has been fueled by a combination of strategic partnerships, effective marketing campaigns, and a targeted approach to meeting consumer demands. The success of On Holding AG in this region has solidified its reputation as an industry leader. One of the key pillars of On Holding AG is its commitment to leveraging technology to revolutionize the sports industry. The company's research and development team continually explores cutting-edge materials and design concepts, resulting in products that offer unparalleled comfort, efficiency, and performance. Through its dedication to innovation, On Holding AG has introduced game-changing elements such as responsive cushioning systems, lightweight yet durable fabrics, and breathable mesh constructions. These technological advancements have helped athletes around the world achieve new levels of performance and redefine their limits. Beyond the realm of sports, On Holding AG places a strong emphasis on making a positive societal impact. The company actively pursues sustainable and ethical practices by carefully selecting suppliers and manufacturers who adhere to stringent environmental and labor standards. By reducing its carbon footprint and ensuring fair treatment of workers, On Holding AG strives to be a responsible global citizen and inspire other organizations to follow suit. In conclusion, On Holding AG has emerged as a dominant force in the sports industry through its unwavering commitment to technology, design, and impact. Its reliance on third-party suppliers and contract manufacturers allows the company to focus on its core competencies, while its products continue to captivate consumers around the world. With a strong presence in North America and a global reputation for excellence, On Holding AG continues to push the boundaries of what is possible, revolutionizing the way we think about sports performance, style, and sustainability.
Are On Holding AG shares expensive?
The price-to-earnings (P/E) ratio of On Holding AG is 42.98 — the share price is 42.98 times the annual profit per share. That is higher than the typical company in the same industry (industry median: 19.55). This is information, not a recommendation. (as of 2026-06-02)
How big is On Holding AG?
The market capitalization of On Holding AG — the combined value of all its shares — is 14.21 B USD. The higher the market cap, the larger the company. (as of 2026-06-02)
Does On Holding AG pay dividends?
The dividend yield of On Holding AG is 0.00% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-02)
What sector does On Holding AG belong to?
On Holding AG operates in the Consumer Cyclical sector, industry: Footwear & Accessories.

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