On Holding has been growing earnings at an average annual rate of 56.8%, while the Luxury industry saw earnings growing at 23.7% annually. Revenues have been growing at an average rate of 32.3% per year. On Holding's return on equity is 14.1%, and it has net margins of 8%.
Key information
56.79%
Earnings growth rate
56.43%
EPS growth rate
Luxury Industry Growth
7.70%
Revenue growth rate
32.30%
Return on equity
14.13%
Net Margin
8.02%
Next Earnings Update
11 Aug 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How On Holding makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
DB:49G Revenue, expenses and earnings (CHF Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
3,119
250
1,576
0
31 Dec 25
3,014
204
1,517
0
30 Sep 25
2,877
224
1,448
0
30 Jun 25
2,718
136
1,363
0
31 Mar 25
2,537
208
1,288
0
31 Dec 24
2,318
242
1,195
0
30 Sep 24
2,159
126
1,100
0
30 Jun 24
2,004
154
1,017
0
31 Mar 24
1,880
127
950
0
31 Dec 23
1,792
80
888
0
30 Sep 23
1,712
80
858
0
30 Jun 23
1,559
42
775
0
31 Mar 23
1,407
88
684
0
31 Dec 22
1,222
58
600
0
30 Sep 22
1,046
-103
689
0
30 Jun 22
936
-110
650
0
31 Mar 22
820
-145
598
0
31 Dec 21
725
-170
571
0
30 Sep 21
658
14
348
0
30 Jun 21
570
9
298
0
31 Mar 21
480
-21
277
0
31 Dec 20
425
-27
248
0
31 Dec 19
267
-1
137
0
Quality Earnings: 49G has high quality earnings.
Growing Profit Margin: 49G's current net profit margins (8%) are lower than last year (8.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 49G has become profitable over the past 5 years, growing earnings by 56.8% per year.
Accelerating Growth: 49G's earnings growth over the past year (20.6%) is below its 5-year average (56.8% per year).
Earnings vs Industry: 49G earnings growth over the past year (20.6%) exceeded the Luxury industry 16.2%.
Return on Equity
High ROE: 49G's Return on Equity (14.1%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/08/04 08:31
End of Day Share Price
2026/08/04 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
On Holding AG is covered by 35 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.