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

$10.70 Billion USD  · Rank #2152

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

On Holding Ltd (NYSE:ONON) has a market capitalization of $10.70 Billion ($10.70 Billion) as of May 8, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #2152 globally and #774 in its home market, demonstrating a 1.78% 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 $36.06 by its total outstanding shares 296675361 (296.68 Million). Analyse ONON cash generation efficiency to see how efficiently the company converts income to cash.

On Holding Ltd Market Cap History: 2021 to 2026

On Holding Ltd's market capitalization history from 2021 to 2026. Data shows growth from $11.22 Billion to $10.70 Billion (0.64% 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

7.01x

On Holding Ltd's market cap is 7.01 times its annual revenue

Industry average: 0.70x Higher than industry average

Latest Price to Earnings (P/E) Ratio

67.06x

On Holding Ltd's market cap is 67.06 times its annual earnings

Industry average: 9.09x 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 $11.22 Billion $724.60 Million -$170.20 Million 15.48x N/A
2022 $5.09 Billion $1.22 Billion $57.70 Million 4.17x 88.23x
2023 $8.00 Billion $1.79 Billion $79.60 Million 4.46x 100.52x
2024 $16.25 Billion $2.32 Billion $242.30 Million 7.01x 67.06x

Competitor Companies of ONON by Market Capitalization

Companies near On Holding Ltd in the global market cap rankings as of May 8, 2026.

Key companies related to On Holding Ltd by market ranking:

  • Nike Inc (NYSE:NKE): Ranked #498 globally with a market cap of $52.63 Billion USD.
  • adidas AG (F:ADS): Ranked #925 globally with a market cap of $28.67 Billion USD ( €24.53 Billion EUR).
  • Skechers USA Inc (NYSE:SKX): Ranked #2343 globally with a market cap of $9.49 Billion USD.
  • adidas AG (F:ADS1): Ranked #928 globally with a market cap of $28.57 Billion USD ( €24.44 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#498 Nike Inc NYSE:NKE $52.63 Billion $43.88
#925 adidas AG F:ADS $28.67 Billion €148.50
#2343 Skechers USA Inc NYSE:SKX $9.49 Billion $1412.60
#928 adidas AG F:ADS1 $28.57 Billion €70.00

On Holding Ltd Historical Marketcap From 2021 to 2026

Between 2021 and today, On Holding Ltd's market cap moved from $11.22 Billion to $ 10.70 Billion, with a yearly change of 0.64%.

Year Market Cap Change (%)
2026 $10.70 Billion -22.42%
2025 $13.79 Billion -15.14%
2024 $16.25 Billion +103.08%
2023 $8.00 Billion +57.17%
2022 $5.09 Billion -54.62%
2021 $11.22 Billion --

End of Day Market Cap According to Different Sources

On May 7th, 2026 the market cap of On Holding Ltd was reported to be:

Source Market Cap
Yahoo Finance $10.70 Billion USD
MoneyControl $10.70 Billion USD
MarketWatch $10.70 Billion USD
marketcap.company $10.70 Billion USD
Reuters $10.70 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
$10.70 Billion
Market Cap Rank
#2152 Global
#774 in USA
Share Price
$36.06
Change (1 day)
+4.25%
52-Week Range
$31.88 - $60.68
All Time High
$63.62
About

On Holding AG engages in the development and distribution of sports products worldwide. The company offers athletic footwear, apparel, and accessories for high-performance running, outdoor, training, all-day activities, and tennis. It offers its products through independent retailers and distributors, online, and stores. The company was founded in 2010 and is headquartered in Zurich, Switzerland.