On Holding
ONON
33.22
+0.09
+0.27%
On Holding
US · ONON
#1442 by market cap
Listed 2021
33.22
+0.09
+0.27%
Live - 5344 symbols - heartbeat 373s ago
· 2026-10-08 08:29
Pre-market
32.75
-1.41%
After-hours
33.18
-0.12%
Overnight
33.15
-0.21%
- Market cap
- 11.10B
- P/E (TTM)i
- 23.46
- P/Bi
- 4.84
- EPSi
- 0.73
- Div yieldi
- 0.00%
- 52W posi
- 28%
Reader sentiment
Are you bullish or bearish on ONON?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 7.75, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 7 years
Latest year +30.01% YoY
Margins
- Gross margin
- 62.83%
- Operating margin
- 12.51%
- Net margin
- 6.76%
Key ratios & quality
- PEG ratioi
- 0.45
- Altman Z-Scorei
- 7.75
PEG uses trailing P/E against the 3-year net income growth rate (52.27%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 267.12M | 425.30M | 724.60M | 1.22B | 1.79B | 2.32B | 3.01B |
| Gross profit | 143.12M | 231.10M | 430.30M | 684.90M | 1.07B | 1.41B | 1.89B |
| Selling & admin expenses | 137.43M | 248.20M | 571.40M | 599.80M | 887.00M | 1.19B | 1.52B |
| Research & development | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 5.69M | -17.10M | -141.10M | 85.10M | 180.20M | 211.50M | 377.00M |
| Pretax profit | 3.15M | -24.40M | -159.60M | 77.90M | 69.10M | 279.60M | 205.20M |
| Tax | 4.62M | 3.10M | 10.60M | 20.20M | -10.50M | 37.40M | 1.50M |
| Net profit | -1.47M | -27.50M | -170.20M | 57.70M | 79.60M | 242.20M | 203.70M |
| Basic EPS | 0 | 0 | -1 | 0 | 0 | 1 | 1 |
| Diluted EPS | -0.01 | -0.10 | -0.59 | 0.18 | 0.25 | 0.74 | 0.61 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 726.60M | 749.20M | 794.40M | 743.80M | 831.90M | 850.30M |
| Gross profit | 435.30M | 460.80M | 522.20M | 475.30M | 534.30M | 555.70M |
| Selling & admin expenses | 358.20M | 368.00M | 397.50M | 392.80M | 416.90M | 436.30M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 77.10M | 92.80M | 124.70M | 82.50M | 117.40M | 119.40M |
| Pretax profit | 63.90M | -47.30M | 118.60M | 70.00M | 116.10M | 125.70M |
| Tax | 7.20M | -6.40M | -300.00K | 900.00K | 12.80M | 20.70M |
| Net profit | 56.70M | -40.90M | 118.90M | 69.10M | 103.30M | 105.00M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | 0.17 | -0.12 | 0.36 | 0.21 | 0.31 | 0.31 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Total current assets | 120.16M | 282.26M | 964.60M | 1.05B | 1.15B | 1.76B | 1.96B |
| Cash & ST investments | 17.87M | 107.78M | 683.10M | 404.20M | 528.80M | 980.00M | 1.08B |
| Inventory | 44.54M | 102.88M | 134.20M | 395.60M | 356.50M | 419.20M | 419.80M |
| Total assets | 143.63M | 382.57M | 1.24B | 1.38B | 1.59B | 2.38B | 2.84B |
| Total current liabilities | 65.30M | 86.36M | 205.00M | 242.70M | 305.60M | 660.40M | 724.40M |
| Short-term debt | 16.88M | 4.55M | 13.60M | 21.60M | 38.70M | 59.10M | 81.20M |
| Long-term debt | 200.00K | -- | -- | -- | -- | -- | -- |
| Total liabilities | 79,214,000.00 | 137,476,000.00 | 388,000,000.00 | 412,800,000.00 | 518,500,000.00 | 984,900,000.00 | 1,203,000,000.00 |
| Total equity | 64.41M | 245.09M | 848.50M | 969.60M | 1.07B | 1.39B | 1.63B |
| Retained earnings | -2.85M | -30.38M | -200.60M | -142.90M | -63.30M | 178.90M | 382.60M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 1.80B | 1.73B | 1.91B | 1.96B | 2.05B | 2.29B |
| Cash & ST investments | 913.70M | 898.50M | 1.02B | 1.08B | 1.09B | 1.26B |
| Inventory | 399.30M | 360.40M | 380.60M | 419.80M | 406.00M | 472.90M |
| Total assets | 2.42B | 2.54B | 2.75B | 2.84B | 2.96B | 3.24B |
| Total current liabilities | 643.40M | 685.90M | 748.60M | 724.40M | 688.60M | 810.00M |
| Short-term debt | 57.30M | 70.90M | 76.10M | 81.20M | 84.80M | 87.90M |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 961,400,000.00 | 1,146,600,000.00 | 1,210,400,000.00 | 1,203,000,000.00 | 1,191,900,000.00 | 1,331,500,000.00 |
| Total equity | 1.46B | 1.40B | 1.54B | 1.63B | 1.77B | 1.91B |
| Retained earnings | 235.60M | 194.70M | 313.60M | 382.60M | 485.90M | 590.90M |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -5.22M | -14.70M | 16.90M | -227.00M | 232.10M | 510.60M | 359.50M |
| Depreciation & amortization | 5.34M | 12.10M | 31.40M | 46.40M | 64.90M | 104.60M | 127.40M |
| Free cash flow | -14.44M | -33.30M | -19.30M | -310.00M | 184.90M | 445.60M | 280.90M |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock buybacks / issuance | 0 | 133.30M | 618.30M | 0 | 0 | 200.00K | 4.30M |
| Ending cash balance | 120.00K | 90.60M | 653.10M | 371.00M | 494.60M | 924.30M | 1.02B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -12.10M | 101.20M | 157.30M | 113.10M | 29.10M | 225.90M |
| Depreciation & amortization | 28.30M | 32.40M | 32.20M | 34.50M | 35.60M | 36.50M |
| Free cash flow | -24.20M | 83.80M | 136.80M | 84.50M | 10.40M | 197.40M |
| Dividends paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock buybacks / issuance | -- | -- | -- | 4.00M | -- | -- |
| Ending cash balance | 871.80M | 846.60M | 961.80M | 1.02B | 1.02B | 1.21B |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| ROE %i | -2.29 | -17.79 | -31.14 | 6.35 | 7.79 | 19.65 | 13.47 |
| ROA %i | -1.03 | -10.46 | -21.03 | 4.41 | 5.35 | 12.21 | 7.82 |
| ROIC %i | -1.68 | -15.46 | -25.95 | 5.25 | 6.25 | 15.49 | 10.01 |
| 5-year avg ROE %i | -- | -- | -- | -- | -7.41 | -3.02 | 3.23 |
| EBIT margin %i | 1.22 | -5.67 | -21.68 | 6.73 | 4.25 | 12.74 | 7.53 |
| FCF / sales %i | -- | -- | -- | -- | 10.32 | 19.22 | 9.32 |
| Current ratioi | 1.84 | 3.27 | 4.71 | 4.33 | 3.77 | 2.66 | 2.71 |
| Quick ratioi | 1.08 | 1.99 | 3.95 | 2.59 | 2.49 | 1.94 | 2.01 |
| Debt / assetsi | 14.06 | 6.20 | 14.62 | 11.60 | 14.38 | 14.63 | 18.39 |
| LT debt / equityi | 5.14 | 7.82 | 19.71 | 14.32 | 17.71 | 20.73 | 26.97 |
| Interest coveragei | 27.45 | -76.84 | -63.85 | 19.12 | 10.87 | 18.70 | 10.37 |
| Revenue CAGR (3Y) %i | -- | -- | -- | 66.01 | 61.52 | 47.35 | 35.11 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | 52.27 |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 15.73 | 10.34 | 15.98 | 13.47 | 15.50 | 23.95 |
| ROA %i | 9.64 | 5.92 | 9.23 | 7.82 | 9.30 | 13.69 |
| ROIC %i | 12.05 | 7.35 | 11.29 | 10.01 | 11.87 | 17.73 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 9.64 | 5.75 | 8.59 | 7.53 | 9.02 | 14.13 |
| FCF / sales %i | 13.78 | 12.79 | 12.01 | 9.32 | 10.11 | 13.32 |
| Current ratioi | 2.80 | 2.53 | 2.55 | 2.71 | 2.98 | 2.83 |
| Quick ratioi | 1.98 | 1.89 | 1.82 | 2.01 | 2.17 | 2.14 |
| Debt / assetsi | 13.97 | 19.57 | 18.31 | 18.39 | 18.28 | 17.35 |
| LT debt / equityi | 19.26 | 30.56 | 27.76 | 26.97 | 25.80 | 24.83 |
| Interest coveragei | 14.55 | 8.44 | 12.11 | 10.37 | 11.73 | 18.50 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Shoes is the largest reported line at 91.92% of revenue, across 3 reported segments.
- The next-largest line, Apparel, is a distant second at 6.37% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Shoes91.92%
Apparel6.37%
Accessories1.71%
Quote time 2026-10-08 08:29:27 · For reference only, not investment advice and not tailored to your situation.