On Holding AG (On Holding AG) Net Margin % : -5.97% (As of Dec. 2023)

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What is On Holding AG Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. On Holding AG's Net Income for the three months ended in Dec. 2023 was $-31 Mil. On Holding AG's Revenue for the three months ended in Dec. 2023 was $517 Mil. Therefore, On Holding AG's net margin for the quarter that ended in Dec. 2023 was -5.97%.

The historical rank and industry rank for On Holding AG's Net Margin % or its related term are showing as below:

ONON' s Net Margin % Range Over the Past 10 Years
Min: -23.49 Med: -0.55 Max: 4.72
Current: 4.3

ONON's Net Margin % is ranked better than
60.42% of 1046 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.515 vs ONON: 4.30

On Holding AG Net Margin % Historical Data

The historical data trend for On Holding AG's Net Margin % 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.

* Premium members only.

On Holding AG Net Margin % Chart

On Holding AG Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-0.55

-6.47

-23.49

4.72

4.44

On Holding AG Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial											-7.20	10.57	0.74	12.22	-5.97

Competitive Comparison of On Holding AG's Net Margin %

For the Footwear & Accessories subindustry, On Holding AG's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

On Holding AG's Net Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, On Holding AG's Net Margin % distribution charts can be found below:

* The bar in red indicates where On Holding AG's Net Margin % falls into.

On Holding AG Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

On Holding AG's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	92.044	/	2072.271
	=	4.44 %

On Holding AG's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-30.874	/	516.998
	=	-5.97 %

On Holding AG (NYSE:ONON) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

On Holding AG Net Margin % Related Terms

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On Holding AG (On Holding AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » On Holding AG (NYSE:ONON) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Forrlibuckstrasse 190, Zurich, CHE, 8005

Website

https://www.on-running.com

On Holding AG is a premium performance sports brand rooted in technology, design, and impact. Its shoe, apparel, and accessories products are designed primarily for athletic use, casual, or leisure purposes. It does not manufacture the products or the raw materials and rely instead on third-party suppliers and contract manufacturers. Geographically, it derives a majority of its revenue from North America.