On Holding Ltd (ONON) — Capital Reinvestment Ratio
Latest as of March 2026:
0.72x
On Holding Ltd (ONON) has a Capital Reinvestment Ratio of 0.72x as of March 2026, meaning it reinvests 1% of its operating cash flow ($23.62 Million) in capital expenditures ($17.07 Million). See ONON free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.72x
Capex / Operating Cash Flow
Operating Cash Flow
$23.62 Million
USD
Capital Expenditures
$17.07 Million
USD
Data as of
Mar 2026
Most recent filing
On Holding Ltd Capital Reinvestment Ratio (2021–2025)
This chart tracks On Holding Ltd's Capital Reinvestment Ratio across 4 annual periods.
Annual Capital Reinvestment Ratio for On Holding Ltd (2021–2025)
Year-by-year Capital Reinvestment Ratio for On Holding Ltd from 2021 to 2025. For live market cap and broader valuation context, see On Holding Ltd market cap and net worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.22x | $322.80 Million | $69.62 Million | ▲ +69.4% |
| 2024 | 0.13x | $510.60 Million | $65.00 Million | ▼ -37.4% |
| 2023 | 0.20x | $232.10 Million | $47.20 Million | ▼ -90.5% |
| 2021 | 2.14x | $16.90 Million | $36.20 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow