On Holding Ltd (NYSE:ONON) — Market Cap & Net Worth

$11.70 Billion USD  · Rank #2016

Market Cap & Net Worth: On Holding Ltd (ONON)

On Holding Ltd (NYSE:ONON) has a market capitalization of $11.70 Billion ($11.70 Billion) as of June 22, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #2016 globally and #747 in its home market, demonstrating a 2.32% 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 $38.88 by its total outstanding shares 300830569 (300.83 Million). Review debt load of On Holding Ltd to assess the company's total debt and financial obligations.

On Holding Ltd Market Cap History: 2021 to 2026

On Holding Ltd's market capitalization history from 2021 to 2026. Data shows growth from $11.37 Billion to $11.70 Billion (2.23% CAGR).

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.

Latest Price to Sales (P/S) Ratio

4.86x

On Holding Ltd's market cap is 4.86 times its annual revenue

Industry average: 0.26x Higher than industry average

Latest Price to Earnings (P/E) Ratio

71.87x

On Holding Ltd's market cap is 71.87 times its annual earnings

Industry average: 4.00x Higher than industry average

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 June 22, 2026.

Key companies related to On Holding Ltd by market ranking:

  • Nike Inc (NYSE:NKE): Ranked #500 globally with a market cap of $54.22 Billion USD.
  • adidas AG (F:ADS): Ranked #1059 globally with a market cap of $25.34 Billion USD ( €21.68 Billion EUR).
  • Skechers USA Inc (NYSE:SKX): Ranked #2350 globally with a market cap of $9.49 Billion USD.
  • adidas AG (F:ADS1): Ranked #1084 globally with a market cap of $24.65 Billion USD ( €21.09 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#500 Nike Inc NYSE:NKE $54.22 Billion $45.20
#1059 adidas AG F:ADS $25.34 Billion €174.35
#2350 Skechers USA Inc NYSE:SKX $9.49 Billion $1412.60
#1084 adidas AG F:ADS1 $24.65 Billion €87.00

On Holding Ltd Historical Marketcap From 2021 to 2026

Between 2021 and today, On Holding Ltd's market cap moved from $11.37 Billion to $ 11.70 Billion, with a yearly change of 2.23%.

Year Market Cap Change (%)
2026 $11.70 Billion -16.35%
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 Jun 22nd, 2026 the market cap of On Holding Ltd was reported to be:

Source Market Cap
Yahoo Finance $11.70 Billion USD
MoneyControl $11.70 Billion USD
MarketWatch $11.70 Billion USD
marketcap.company $11.70 Billion USD
Reuters $11.70 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

NYSE:ONON USA Footwear & Accessories
Market Cap
$11.70 Billion
Market Cap Rank
#2016 Global
#747 in USA
Share Price
$38.88
Change (1 day)
+3.08%
52-Week Range
$31.88 - $54.36
All Time High
$63.62
About

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