On Holding AG reported a gross margin of 65.35% and a net margin of 12.35% for the quarter ended Jun 2026. These financial ratios cover 24 quarters of results from Sep 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||
| Gross Margin | 60.21% | 58.50% | 51.80% | 55.13% | 57.13% | 58.51% | 58.28% | 59.53% | 59.88% | 60.43% | 59.68% | 59.93% | 60.60% | 62.12% | 59.91% | 61.51% | 65.74% | 63.90% | 64.23% | 65.35% | ||||
| EBT Margin | 8.34% | -99.95% | 8.23% | 19.95% | 7.53% | -6.65% | 12.26% | -1.51% | 14.42% | -10.06% | 22.79% | 7.52% | 4.66% | 15.08% | 8.79% | -6.31% | 14.93% | 9.41% | 13.96% | 14.78% | ||||
| EBIT Margin | 10.95% | -92.88% | 1.44% | 9.02% | 12.41% | 4.01% | 10.07% | 8.87% | 12.03% | 9.13% | 7.58% | 8.33% | 11.42% | 8.75% | 10.60% | 12.39% | 15.70% | 11.09% | 14.11% | 14.04% | ||||
| EBITDA Margin | 17.40% | 5.86% | 6.66% | 10.77% | 17.16% | 4.01% | 14.52% | 8.87% | 16.92% | 9.13% | 15.23% | 8.33% | 18.89% | 8.75% | 16.50% | 12.39% | 22.65% | 11.09% | 20.95% | 14.04% | ||||
| Operating Margin | 10.95% | -92.88% | 1.44% | 9.02% | 12.41% | 4.01% | 10.07% | 8.87% | 12.03% | 9.13% | 7.58% | 8.33% | 11.42% | 8.75% | 10.60% | 12.39% | 15.70% | 11.09% | 14.11% | 14.04% | ||||
| Net Margin | 8.48% | -97.85% | 7.21% | 15.36% | 6.80% | -7.20% | 11.61% | 0.74% | 13.63% | -5.99% | 20.96% | 5.43% | 7.90% | 15.86% | 9.70% | -5.46% | 17.88% | 10.08% | 14.86% | 12.35% | ||||
| FCF Margin | -10.42% | 26.15% | -20.83% | -17.86% | -3.72% | -45.45% | 1.90% | 3.22% | 23.91% | 36.73% | 17.51% | 20.82% | 27.70% | 37.80% | -0.11% | 15.64% | 22.18% | 25.01% | 5.51% | 29.53% | ||||
| Efficiency | ||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 0.15B | 0.16B | 0.20B | 0.25B | 0.34B | 0.46B | 0.49B | 0.48B | 0.44B | 0.41B | 0.43B | 0.42B | 0.44B | 0.46B | 0.44B | 0.46B | 0.50B | 0.52B | 0.56B | |||||
| Assets AverageAssets Avg. | 1.36B | 1.38B | 1.42B | 1.51B | 1.51B | 1.55B | 1.69B | 1.82B | 1.86B | 1.98B | 2.21B | 2.35B | 2.57B | 2.70B | 2.88B | 3.26B | 3.49B | 3.67B | 3.94B | |||||
| Invested CapitalInvested Cap. | 1.00B | 0.94B | 1.01B | 1.00B | 1.02B | 1.04B | 1.14B | 1.18B | 1.29B | 1.23B | 1.44B | 1.45B | 1.56B | 1.65B | 1.68B | 1.75B | 2.00B | 2.11B | 2.33B | 2.48B | ||||
| Asset Utilization RatioAsset Util. | 0.58 | 0.65 | 0.71 | 0.73 | 0.85 | 0.95 | 0.99 | 1.03 | 1.07 | 1.07 | 1.02 | 1.04 | 1.03 | 1.06 | 1.09 | 1.04 | 1.04 | 1.06 | 1.03 | |||||
| Leverage & Solvency | ||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | -35.43 | 126.79 | -2.27 | -17.53 | -16.28 | -16.33 | -24.88 | -20.74 | -18.06 | -9.07 | -7.86 | -8.02 | -11.17 | -9.00 | -13.05 | -12.05 | -15.40 | -10.58 | -14.68 | -14.39 | ||||
| Debt Ratio | 0.02 | 0.02 | 0.04 | 0.02 | 0.01 | 0.02 | 0.02 | 0.02 | 0.03 | 0.01 | 0.04 | 0.04 | 0.04 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | ||||
| Times Interest Earned | -35.43 | 126.79 | -2.27 | -17.53 | -16.28 | -16.33 | -24.88 | -20.74 | -18.06 | -9.07 | -7.86 | -8.02 | -11.17 | -9.00 | -13.05 | -12.05 | -15.40 | -10.58 | -14.68 | -14.39 | ||||
| Valuation | ||||||||||||||||||||||||
| Price to EarningsP/E | 395.08 | -94.25 | 693.13 | 192.26 | 351.37 | -393.02 | 369.13 | 0.00B | 235.46 | -562.11 | 182.59 | 717.37 | 545.03 | 316.16 | 355.05 | -667.87 | 151.23 | 314.58 | 136.89 | 169.33 | ||||
| Price to SalesP/S | 33.52 | 92.22 | 49.99 | 29.53 | 23.89 | 28.29 | 42.87 | 41.92 | 32.10 | 33.69 | 38.26 | 38.92 | 43.03 | 50.14 | 34.45 | 36.46 | 27.03 | 31.72 | 20.34 | 20.91 | ||||
| Price to BookP/B | 8.15 | 20.77 | 13.42 | 9.20 | 8.15 | 10.70 | 17.68 | 18.14 | 14.10 | 14.02 | 16.44 | 17.95 | 21.62 | 21.85 | 17.18 | 19.55 | 13.93 | 14.45 | 9.55 | 9.30 | ||||
| Enterprise Value | 7.18B | 18.37B | 12.04B | 8.30B | 7.57B | 10.35B | 19.04B | 20.29B | 16.91B | 16.39B | 21.57B | 23.67B | 30.67B | 33.60B | 26.77B | 31.91B | 25.56B | 28.17B | 20.21B | 20.87B | ||||
| EV to EBIT | 276.14 | -95.44 | 0.00B | 304.03 | 179.64 | 678.33 | 416.26 | 463.01 | 258.46 | 356.27 | 489.09 | 452.52 | 366.03 | 554.31 | 312.53 | 284.67 | 163.99 | 272.90 | 134.81 | 138.15 | ||||
| EV to EBITDA | 173.85 | 0.00B | 708.28 | 254.47 | 129.86 | 678.33 | 288.65 | 463.01 | 183.75 | 356.27 | 243.28 | 452.52 | 221.27 | 554.31 | 200.71 | 284.67 | 113.67 | 272.90 | 90.80 | 138.15 | ||||
| Market Capitalization | 7.96B | 19.11B | 12.76B | 8.94B | 8.11B | 10.77B | 19.48B | 20.71B | 17.46B | 16.98B | 22.28B | 24.43B | 31.58B | 34.72B | 27.84B | 32.99B | 26.85B | 29.52B | 21.61B | 22.49B | ||||
| Price to FCFP/FCF | -321.82 | 352.67 | -239.98 | -165.31 | -642.26 | -62.24 | 0.00B | 0.00B | 134.23 | 91.74 | 218.49 | 186.93 | 155.37 | 132.64 | -0.00B | 233.07 | 121.88 | 126.84 | 369.41 | 70.81 | ||||
| EV to FCF | -290.39 | 339.00 | -226.48 | -153.48 | -599.29 | -59.82 | 0.00B | 0.00B | 130.01 | 88.52 | 211.57 | 181.09 | 150.90 | 128.36 | -0.00B | 225.41 | 116.06 | 121.04 | 345.57 | 65.69 | ||||
| EV to CFO | -172.49 | 667.66 | -175.95 | -129.60 | -227.06 | -43.93 | -0.00B | 0.00B | 139.09 | 119.73 | 232.47 | 208.82 | 167.87 | 174.37 | -0.00B | 261.04 | 130.01 | 199.06 | 543.89 | 73.02 | ||||
| Return Ratios | ||||||||||||||||||||||||
| Return on Sales [ROS]ROS | 10.95% | -92.88% | 1.44% | 9.02% | 12.41% | 4.01% | 10.07% | 8.87% | 12.03% | 9.13% | 7.58% | 8.33% | 11.42% | 8.75% | 10.60% | 12.39% | 15.70% | 11.09% | 14.11% | 14.04% | ||||
| Return on Capital Employed [ROCE]ROCE | -13.48% | -12.26% | -11.55% | -9.17% | 7.02% | 11.09% | 11.10% | 12.18% | 13.23% | 13.20% | 12.56% | 13.09% | 13.25% | 14.22% | 16.67% | 17.85% | 17.66% | 18.70% | 19.19% | |||||
| Return on Invested Capital [ROIC]ROIC | -16.25% | -14.22% | -11.43% | -10.11% | 10.82% | 14.38% | 13.43% | 15.22% | 13.44% | 15.76% | 16.66% | 16.85% | 17.01% | 18.44% | 20.14% | 22.29% | 22.34% | 24.14% | 25.17% | |||||
| Return on Assets [ROA]ROA | -13.14% | -10.47% | -6.33% | -5.68% | 6.80% | 9.00% | 3.04% | 6.15% | 3.43% | 8.15% | 10.85% | 7.79% | 14.03% | 10.33% | 5.35% | 8.26% | 7.18% | 9.18% | 14.87% |