Operating margin · 2019–2025

On Holding operating margin

12.5%+37.0% · FY2025

On Holding (ONON) reported 12.5% in operating margin for fiscal 2025, +37.0% year on year.

2.1%2019−4.0%2020−19.5%20217.0%202210.1%20239.1%202412.5%2025
On Holding — Operating margin, 2019–2025
Fiscal yearOperating marginChangeFiling
FY202512.5%+37.0%Derived
FY20249.1%−9.2%Derived
FY202310.1%+44.4%Derived
FY20227.0%+26.4 ppDerived
FY2021−19.5%−15.5 ppDerived
FY2020−4.0%−6.2 ppDerived
FY20192.1%—Derived

Operating margin — Operating margin is operating income divided by revenue. Only companies with at least $1 billion in revenue are ranked here.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2019–2025 compound annual growth +34.3%

Figures are reported under IFRS in CHF and converted to US dollars at ECB reference rates — fiscal 2025 average 0.829 CHF/$ for income items, year-end 0.793 CHF/$ for balance-sheet items.

Calculated from two reported figures, so it has no single filing of its own.

Operating margin at companies of similar size

Full ranking by operating margin →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=On Holding operating margin |url=https://companiesranked.com/en/company/on-holding/operating-margin |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). On Holding operating margin. CompaniesRanked. https://companiesranked.com/en/company/on-holding/operating-margin

BibTeX

@misc{companiesranked-en-company-on-holding-operating-margin-2026,
  author       = {{CompaniesRanked}},
  title        = {{On Holding operating margin}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/on-holding/operating-margin}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

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