On Holding Ltd (ONON) — Cash Flow Reinvestment Rate
On Holding Ltd (ONON) has a Cash Flow Reinvestment Rate of 0.72x as of March 2026, reinvesting $17.07 Million (capex $17.07 Million ) from operating cash flow of $23.62 Million. See free cash flow generation of On Holding Ltd to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
On Holding Ltd Cash Flow Reinvestment Rate (2021–2025)
Historical reinvestment intensity for On Holding Ltd across 4 annual periods. For the full cash flow conversion analysis, see ONON operating cash flow.
Annual Cash Flow Reinvestment Rate for On Holding Ltd (2021–2025)
Year-by-year capital reinvestment analysis for On Holding Ltd. See On Holding Ltd (ONON) flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.22x | $69.62 Million | $322.80 Million | $69.62 Million | ▼ -15.2% |
| 2024 | 0.25x | $129.90 Million | $510.60 Million | $65.00 Million | ▼ -37.4% |
| 2023 | 0.41x | $94.30 Million | $232.10 Million | $47.20 Million | ▼ -90.5% |
| 2021 | 4.30x | $72.64 Million | $16.90 Million | $36.20 Million | — |