On Holding AG Class A (ONON) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$32.80 +2.69% NYSE • Public Delayed / 60s Snapshot

On Holding AG Class A (ONON) carries a Roarable Rating of C (Hold) with 62/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.

ROARABLE C • HOLD / WATCH Cap $19.79B
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
RQD QUANT TACHOMETERHOLD / WATCH • C
025507510062
JEV AI Jury Split (Battleground)
Cash
SEC
Whale
5-PILLAR SNOWFLAKE RADARRw D+ · Rk B
Cash (11)Whales (10)SEC (16)Macro (13)CEO (12)
Each axis scored 0–20
12M PRICE TARGET CONE+1.8% Base Target
$54 Bull$33 Base$26 Bear
🔴 SUNDAY NIGHT PREP • 7:00 PM ET
WHALE OPTIONS TUG-OF-WAR:55% Call Buyers ($2.5M)
45% PutsMax Pain: $32.00
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • Trailing 12 Months

How ONON Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$437.4M (10.9% FCF Margin)
Revenue$4.00BGross Profit $1.64B (41%)Cost of Sales $2.36BOp Profit $556.0M (13.9%)OpEx (R&D/SG&A) $1.08BNet Profit$436.0M (10.9%)Tax/Other $120.0M
🔴 SUNDAY NIGHT PREP • 7:00 PM ETHosted Live by Perry Belcher & Guest Forensic Quant Desk

Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring ONON)

  • ✓Live walkthrough of ONON's RQD Radar, SEC cash-conversion gap & downside levels
  • ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
  • ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
RQD INSIDER CLUB UPGRADE$49/YEAR
Want Plain-English AI Custom Indicators, Daily Pro Trader Video Clips & SMS Crash Alerts?
ONON // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -5.14%▼ DESCENDING CHANNEL
2026-10-30O $33.04H $33.94L $33.00C $33.78VOL 8.99M
RES: $35.38SUP: $24.51SMA50: $30.73SMA200: $36.61
$44.55$39.62$34.69$29.76$24.83RES $35.38SUP $24.51$33.782026-04-302026-06-152026-07-312026-09-162026-10-30
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

ONON Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
25.3%/yr Implied 5Y Growth

vs. -1.1% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on ONON today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for ONON. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for ONON today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

ONON Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is On Holding AG Class A (ONON)?

In Trailing 12 Months, ONON converted $4.0B of revenue into a 41% gross margin, 13.9% operating margin, and $437.4M in free cash flow (10.9% FCF margin).