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
DateValue
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%