On Holding AG (ONON) Tax Rate (2022 - 2026)
On Holding AG (ONON) recorded quarterly Tax Rate of 11.02% in Q1 2026, down 671.75% quarter-over-quarter from 1.43% in Q4 2025, and up 24.0% on a YoY basis from 8.89% in Q1 2025.
On Holding AG (ONON) Tax Rate (2022 - 2026) Analysis & Trends
On Holding AG's Tax Rate history runs 5 years deep, the most recent figure standing at 11.02% for Q1 2026.
- In Q1 2026, Tax Rate rose 24.0% year-over-year to 11.02%; the TTM figure through Mar 2026 stood at 2.9% (up 578.0% YoY), while the FY2025 annual figure was 0.73%, up 1265.0% from the prior year.
- Tax Rate was 11.02% for Q1 2026 at On Holding AG, down from 1.43% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 8.2% in Q4 2022 to a low of 149.25% in Q2 2023.
- Historically, Tax Rate has averaged 20.91% across 5 years, with a median of 13.53% in 2025.
- The sharpest annual moves came in 2023 and 2024: Tax Rate tumbled 13379 bps in 2023, then surged 12162 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 8.2% in 2022, then slumped by 593 bps to 40.44% in 2023, then jumped by 95 bps to 2.19% in 2024, then surged by 35 bps to 1.43% in 2025, then sank by 672 bps to 11.02% in 2026.
- The last three Tax Rate figures came in at 11.02% (Q1 2026), 1.43% (Q4 2025), and 0.25% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Birkenstock Holding | 102.63 Bn | 102.39 Bn | 390.51 Mn | - |
| 2 | Nike | 65.09 Bn | 57.03 Bn | 4.53 Bn | 20.00% |
| 3 | Deckers Outdoor | 16.02 Bn | 13.93 Bn | 1.17 Bn | 23.25% |
| 4 | Crocs | 6.13 Bn | 6.00 Bn | 522.95 Mn | 23.09% |
| 5 | Steven Madden | 3.14 Bn | 3.10 Bn | 357.42 Mn | 24.69% |
| 6 | Wolverine World Wide | 1.98 Bn | 1.79 Bn | 243.40 Mn | 19.35% |
| 7 | On Holding AG | 1.66 Bn | 264.30 Mn | 682.30 Mn | -11.02% |
| 8 | Forward Industries | 381.04 Mn | 355.65 Mn | 16.85 Mn | -0.46% |
| 9 | Designer Brands | 349.93 Mn | 299.82 Mn | 315.32 Mn | 54.98% |
| 10 | Weyco | 343.83 Mn | 246.40 Mn | 33.84 Mn | 17.53% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.02% |
| Mar 31, 2026 | -11.02% |
| Dec 31, 2025 | -1.43% |
| Dec 31, 2025 | -1.43% |
| Sep 30, 2025 | 0.25% |
| Sep 30, 2025 | 0.25% |
| Jun 30, 2025 | -13.53% |
| Jun 30, 2025 | -13.53% |
| Mar 31, 2025 | -11.27% |
| Mar 31, 2025 | -11.27% |
| Dec 31, 2024 | -2.19% |
| Dec 31, 2024 | -2.19% |
| Sep 30, 2024 | 3.04% |
| Sep 30, 2024 | 3.04% |
| Jun 30, 2024 | -27.63% |
| Jun 30, 2024 | -27.63% |
| Mar 31, 2024 | -21.07% |
| Mar 31, 2024 | -21.07% |
| Dec 31, 2023 | -40.44% |
| Dec 31, 2023 | -40.44% |