On Holding AG (HAM:49G) General and Admin. Expense: €141 Mil (TTM As of Mar. 2026)


HAM:49G On Holding AG HAM:49G
66 GF Score
Price €31.50
GF Value €53.38
Valuation Significantly Undervalued
! 2 Warning Signs
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What is On Holding AG General and Admin. Expense?

On Holding AG HAM:49G +0.77% 66 General and Admin. Expense is €141 Mil as of Mar. 2026. GuruFocus rates HAM:49G with a GF Score™ of 66/100 and a GF Value™ of €53.38 (Significantly Undervalued). The stock has 2 warning signs investors should review.

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. On Holding AG's General and Admin. Expense for the three months ended in Mar. 2026 was €0 Mil. Its General and Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €141 Mil.

On Holding AG General and Admin. Expense Related Terms

On Holding AG General and Admin. Expense Historical Data

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The historical data trend for On Holding AG's General and Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

On Holding AG General and Admin. Expense Chart

On Holding AG Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
General and Admin. Expense
Get a 7-Day Free Trial 309.32 236.20 337.62 493.89 597.02

On Holding AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
General and Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 140.95 0.00 0.00 0.00
HAM:49G
66GF Score
On Holding AG HAM:49G
General and Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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On Holding AG General and Admin. Expense Calculation

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company.

General and Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €141 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a General and Admin. Expense of €141 Mil mean?
On Holding AG (HAM:49G) has a General and Admin. Expense of €141 Mil as of Mar. 2026. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on On Holding AG and its competitors.
Is On Holding AG's General and Admin. Expense too high?
On Holding AG's current General and Admin. Expense is €141 Mil. Overall, On Holding AG has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does On Holding AG's General and Admin. Expense compare to DECK and BIRK?
On Holding AG's General and Admin. Expense of €141 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good General and Admin. Expense for a Manufacturing - Apparel & Accessories company?
A good General and Admin. Expense depends on the Manufacturing - Apparel & Accessories industry context. However, General and Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high General and Admin. Expense mean?
A high General and Admin. Expense can signal that a stock is expensive relative to its fundamentals. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on On Holding AG and its competitors. On Holding AG's current General and Admin. Expense is €141 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is On Holding AG stock overvalued right now?
Based on GuruFocus' analysis, On Holding AG (HAM:49G) is currently considered Significantly Undervalued. The stock's GF Value™ is €53.38, compared to a current price of €31.50 — trading 41% below its estimated fair value. The current General and Admin. Expense is €141 Mil. On Holding AG's overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is General and Admin. Expense calculated?
General and Admin. Expense is calculated from a company's financial statements. For On Holding AG (HAM:49G), the current General and Admin. Expense is €141 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is On Holding AG (HAM:49G) Overvalued in 2026?

Based on GuruFocus' analysis, On Holding AG stock appears to be undervalued. The current stock price of €31.50 is trading 41% below its estimated GF Value™ of €53.38. GuruFocus considers On Holding AG to be Significantly Undervalued.

Key valuation signals for HAM:49G:

  • General and Admin. Expense: €141 Mil
  • GF Value™: €53.38 vs. price of €31.50 (41% below fair value)
  • GF Score™: 66/100 with 2 warning signs

No single metric tells the full story. See the HAM:49G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

On Holding AG Business Description

Address Forrlibuckstrasse 190, Zurich, CHE, 8005
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.
66GF Score

Get the complete analysis for HAM:49G

General and Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€31.50
Price
€53.38
GF Value