On Holding AG (ONON) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for On Holding AG, with annual and quarterly history.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | 62.44x | 69.54x | 91.37x | 87.05x | -63.07x | -344.58x |
| P/B Ratio | 7.43x | 12.11x | 6.77x | 5.18x | 12.65x | 38.66x |
| P/S Ratio | 4.22x | 7.27x | 4.06x | 4.11x | 14.81x | 22.28x |
| Profitability | ||||||
| Gross Margin | 62.8% | 60.6% | 59.6% | 56.0% | 59.4% | 54.3% |
| Operating Margin | 12.5% | 9.1% | 10.1% | 7.0% | -19.5% | -4.0% |
| Net Margin | 6.8% | 10.5% | 4.4% | 4.7% | -23.5% | -6.5% |
| EBITDA Margin | 16.7% | 17.3% | 11.5% | 10.5% | -17.4% | -2.8% |
| Liquidity | ||||||
| Current Ratio | 2.71x | 2.66x | 3.77x | 4.33x | 4.71x | 3.27x |
| Quick Ratio | 2.13x | 2.03x | 2.60x | 2.70x | 4.05x | 2.08x |
| Leverage | ||||||
| Debt/Equity | 0.36x | 0.25x | 0.21x | 0.17x | 0.21x | 0.10x |
YoY = year-over-year change. Source: FMP..