On Holding AG (ONON) Interest Coverage Ratio (2020 - 2026)
On Holding AG (ONON) recorded quarterly Interest Coverage Ratio of 14.68 in Q1 2026, down 38.75% quarter-over-quarter from 10.58 in Q4 2025, and down 12.44% on a YoY basis from 16.76 in Q1 2025.
On Holding AG (ONON) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
On Holding AG's Interest Coverage Ratio history runs 7 years deep, the most recent figure standing at 14.68 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 12.44% year-over-year to 14.68; the TTM figure through Mar 2026 stood at 13.23 (down 27.99% YoY), while the FY2025 annual figure was 12.74, down 39.04% from the prior year.
- Interest Coverage Ratio was 14.68 for Q1 2026 at On Holding AG, down from 10.58 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 2.27 in Q1 2022 to a low of 24.88 in Q1 2023.
- Historically, Interest Coverage Ratio has averaged 13.35 across 5 years, with a median of 13.05 in 2025.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio plunged 997.75% in 2023, then surged 68.42% in 2024.
- A 5-year view of Interest Coverage Ratio shows it stood at 16.33 in 2022, then surged by 44.49% to 9.07 in 2023, then grew by 0.74% to 9.0 in 2024, then retreated by 17.52% to 10.58 in 2025, then plunged by 38.75% to 14.68 in 2026.
- The last three Interest Coverage Ratio figures came in at 14.68 (Q1 2026), 10.58 (Q4 2025), and 15.4 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Birkenstock Holding | 102.63 Bn | 102.39 Bn | 390.51 Mn | - |
| 2 | Nike | 65.09 Bn | 57.03 Bn | 4.53 Bn | - |
| 3 | Deckers Outdoor | 16.02 Bn | 13.93 Bn | 1.17 Bn | 574.71 |
| 4 | Crocs | 6.13 Bn | 6.00 Bn | 522.95 Mn | 9.82 |
| 5 | Steven Madden | 3.14 Bn | 3.10 Bn | 357.42 Mn | - |
| 6 | Wolverine World Wide | 1.98 Bn | 1.79 Bn | 243.40 Mn | - |
| 7 | On Holding AG | 1.66 Bn | 264.30 Mn | 682.30 Mn | -14.68 |
| 8 | Forward Industries | 381.04 Mn | 355.65 Mn | 16.85 Mn | - |
| 9 | Designer Brands | 349.93 Mn | 299.82 Mn | 315.32 Mn | - |
| 10 | Weyco | 343.83 Mn | 246.40 Mn | 33.84 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -14.68 |
| Dec 31, 2025 | -10.58 |
| Sep 30, 2025 | -15.40 |
| Jun 30, 2025 | -12.05 |
| Mar 31, 2025 | -13.05 |
| Dec 31, 2024 | -9.00 |
| Sep 30, 2024 | -11.17 |
| Jun 30, 2024 | -8.02 |
| Mar 31, 2024 | -7.86 |
| Dec 31, 2023 | -9.07 |
| Sep 30, 2023 | -18.06 |
| Jun 30, 2023 | -20.74 |
| Mar 31, 2023 | -24.88 |
| Dec 31, 2022 | -16.33 |
| Sep 30, 2022 | -16.28 |
| Jun 30, 2022 | -17.53 |
| Mar 31, 2022 | -2.27 |
| Dec 31, 2021 | 126.79 |
| Sep 30, 2021 | -35.43 |
| Jun 30, 2021 | -22.81 |