On Holding AG

1ONON

Company Profile

  • Business description

    Founded in Switzerland in 2010, sportswear firm On Holding generates more than 90% of its sales from athletic shoes. The brand is best known for its running shoes and its distinctive CloudTec soles. On also produces athletic apparel (6% of 2025 sales) and accessories (1%). The firm’s merchandise is available in more than 80 countries and is sold through both wholesale (58% of sales) and company-owned channels (42%). In 2025, On generated 58% of its sales in North America, 25% in Europe, the Middle East, and Africa, and 17% in the Asia-Pacific region.

  • Contact

    Forrlibuckstrasse 190
    Zurich8005
    CHE

    T: +41 442251555

    https://www.on.com

  • Sector

    Consumer Cyclical

    Stock type

    Cyclical

  • Industry

    Footwear & Accessories

    Fiscal Year End

    31 December 2026

    Employees

    1,230

Stocks News & Analysis

stocks

Undervalued tech share oversold on AI fears

Has the market overlooked this ASX tech share?
stocks

Margins have bottomed for ASX listed consumer goods company

Impact of tariffs have been priced in.
stocks

SpaceX rally continues, expanding sky-high valuations

SpaceX has risen 50% from its IPO price to become the second-most-expensive stock under Morningstar’s coverage.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries9,031.209.400.10%
CAC 408,401.2719.87-0.24%
DAX 4025,137.12151.300.61%
Dow JONES (US)51,826.00261.300.51%
FTSE 10010,430.4067.130.65%
HKSE23,768.52156.29-0.65%
NASDAQ26,488.5429.39-0.11%
Nikkei 22572,353.961,103.901.55%
NZX 50 Index13,446.0549.58-0.37%
S&P 5007,519.5318.950.25%
S&P/ASX 2008,816.1014.200.16%
SSE Composite Index4,163.1072.621.78%

Market Movers