On Holding Ltd Market Cap ($11.24 Billion)
Market Cap & Net Worth: On Holding Ltd (ONON)
On Holding Ltd market cap. On Holding Ltd (NYSE:ONON) has a market capitalization of $11.24 Billion ($11.24 Billion) as of November 9, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #1989 globally and #753 in its home market, demonstrating a 13.90% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying On Holding Ltd's stock price $37.36 by its total outstanding shares 300830569 (300.83 Million). Also see ONON cash flow metrics for how efficiently the company converts equity into cash flow.
On Holding Ltd Market Cap History (2021–2026)
On Holding Ltd market cap history from 2021 to 2026. Data shows growth from $11.37 Billion to $11.24 Billion (1.28% CAGR). Check ONON share price today for real-time trading data and today's change.
On Holding Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how On Holding Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Explore how fast is On Holding Ltd growing its equity to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
4.86x
On Holding Ltd's market cap is 4.86 times its annual revenue
Latest Price to Earnings (P/E) Ratio
71.87x
On Holding Ltd's market cap is 71.87 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $11.37 Billion | $724.60 Million | -$170.20 Million | 15.70x | N/A |
| 2022 | $5.16 Billion | $1.22 Billion | $57.70 Million | 4.22x | 89.47x |
| 2023 | $8.11 Billion | $1.79 Billion | $79.60 Million | 4.53x | 101.93x |
| 2024 | $16.48 Billion | $2.32 Billion | $242.30 Million | 7.11x | 68.00x |
| 2025 | $13.98 Billion | $2.88 Billion | $194.54 Million | 4.86x | 71.87x |
Competitor Companies of ONON by Market Capitalization
Companies near On Holding Ltd in the global market cap rankings as of November 9, 2026. Also see balance sheet size of On Holding Ltd for a full breakdown of the balance sheet.
Key companies related to On Holding Ltd by market ranking:
- Nike Inc (NYSE:NKE): Ranked #572 globally with a market cap of $46.29 Billion USD.
- adidas AG (F:ADS): Ranked #827 globally with a market cap of $32.11 Billion USD ( €27.46 Billion EUR).
- Zhejiang China Commodities City Group Co Ltd (SHG:600415): Ranked #2190 globally with a market cap of $9.87 Billion USD ( CN¥67.45 Billion CNY).
- adidas AG (F:ADS1): Ranked #1029 globally with a market cap of $25.38 Billion USD ( €21.71 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #572 | Nike Inc | NYSE:NKE | $46.29 Billion | $38.59 |
| #827 | adidas AG | F:ADS | $32.11 Billion | €172.75 |
| #2190 | Zhejiang China Commodities City Group Co Ltd | SHG:600415 | $9.87 Billion | CN¥12.30 |
| #1029 | adidas AG | F:ADS1 | $25.38 Billion | €86.00 |
Market Capitalization of On Holding Ltd (2021–2026)
Market capitalization of On Holding Ltd from 2021 to today. Between 2021 and today, On Holding Ltd's market cap moved from $11.37 Billion to $ 11.24 Billion, with a yearly change of 1.28%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $11.24 Billion | -19.62% |
| 2025 | $13.98 Billion | -15.14% |
| 2024 | $16.48 Billion | +103.08% |
| 2023 | $8.11 Billion | +57.17% |
| 2022 | $5.16 Billion | -54.62% |
| 2021 | $11.37 Billion | -- |
End of Day Market Cap According to Different Sources
On Nov 9th, 2026 the market cap of On Holding Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $11.24 Billion USD |
| MoneyControl | $11.24 Billion USD |
| MarketWatch | $11.24 Billion USD |
| marketcap.company | $11.24 Billion USD |
| Reuters | $11.24 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About On Holding Ltd
On Holding AG, together with its subsidiaries, develops and distributes performance sports products under the On brand in Switzerland, the rest of Europe, the Middle East, Africa, the United States, the rest of the Americas, and the Asia-Pacific. The company offers athletic footwear, apparel, and accessories for performance running, performance outdoor, performance all day, performance training, … Read more