On Holding AG (ONON) Financial Statements
Historical financial data — 5 statements covering FY2021–FY2025
Founded in Switzerland in 2010, sportswear firm On Holding generates more than 90% of its sales from athletic shoes. The brand is best known for its running shoes and its distinctive CloudTec soles...
On Holding AG's revenue increased 30.0% year over year, from $2.32B to $3.01B.
Net income decreased 15.9% over the same period, from $242.3M to $203.7M.
Over the 4-year period from FY2021 to FY2025, revenue grew by 316% in total.
Total debt increased by 50.0% to $521.5M.
The debt-to-equity ratio stands at 0.32, indicating a moderate leverage profile.
On Holding AG maintains a moderate net profit margin of 6.8%.
Recent Financial Statements
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2021 | $724.6M | $-170.2M | $430.3M | $-141.1M | N/A | $1.24B | $0 | $848.4M |
| FY2022 | $1.22B+68.7% | $57.7M | $684.9M | $85.1M | N/A | $1.38B | $0 | $969.5M |
| FY2023 | $1.79B+46.6% | $79.6M | $1.07B | $180.2M | N/A | $1.59B | $229.0M | $1.07B |
| FY2024 | $2.32B+29.4% | $242.3M | $1.41B | $211.6M | N/A | $2.38B | $347.6M | $1.39B |
| FY2025 | $3.01B+30.0% | $203.7M | $1.89B | $377.0M | N/A | $2.84B | $521.5M | $1.63B |
Balance Sheet Summary (Latest Period)
Total Assets
$2.84B
Total Liabilities
$1.20B
Total Equity
$1.63B
Cash & Equivalents
$1.08B
Total Debt
$521.5M
Current Assets
$1.96B
Current Liabilities
$724.4M
Retained Earnings
$382.6M