On Holding AG annual operating margin
2019
2020
2021
2022
2023
2024
2025
On Holding AG Operating Margin Growth & History (ONON)
On Holding AG's operating margin was 12.51% for fiscal 2025.
View full On Holding AG company overviewOn Holding AG annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 12.51% | +3.38 pp |
| 2024 | 2024-12-31 | 9.13% | −0.93 pp |
| 2023 | 2023-12-31 | 10.06% | +3.09 pp |
| 2022 | 2022-12-31 | 6.96% | +26.44 pp |
| 2021 | 2021-12-31 | −19.47% | −15.45 pp |
| 2020 | 2020-12-31 | −4.02% | −6.15 pp |
| 2019 | 2019-12-31 | 2.13% | — |
On Holding AG quarterly operating margin
Q2.21
Q2.22
Q2.23
Q2.24
Q2.25
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2025 | 2025-06-30 | 12.39% | −0.97 pp |
| Q2 2024 | 2024-06-30 | 8.33% | — |
| Q2 2023 | 2023-06-30 | 8.87% | — |
| Q2 2022 | 2022-06-30 | 9.02% | — |
| Q2 2021 | 2021-06-30 | 13.36% | — |
On Holding AG operating margin trends
Over the last five reported fiscal years, On Holding AG's operating margin increased from −4.02% to 12.51%, a change of +16.53 percentage points. The latest reported quarter, Q2 2025, shows 12.39%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review On Holding AG filings at SEC.gov ↗