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Compare · ONON vs SKX

ONON vs SKX

Side-by-side comparison of On Holding AG (ONON) and Skechers U.S.A. Inc. (SKX): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both ONON and SKX operate in Shoe Manufacturing (Consumer Discretionary), so they compete in similar markets.
  • ONON is the larger of the two at $7.55B, about 1.2x SKX ($6.44B).
  • Over the past year, ONON is down 22.2% and SKX is up 31.3% - SKX leads by 53.5 points.
  • ONON has hit the wire 5 times in the past 4 weeks while SKX has been quiet.
  • Both have 25 recent analyst ratings on file.
PerformanceONON-22.92%SKX+31.32%
2025-12-08+0.00%2026-04-24
MetricONONSKX
Company
On Holding AG
Skechers U.S.A. Inc.
Price
$36.25+0.11%
$63.15-0.08%
Market cap
$7.55B
$6.44B
1M return
+3.10%
+0.40%
1Y return
-22.18%
+31.32%
Industry
Shoe Manufacturing
Shoe Manufacturing
Exchange
NYSE
NYSE
IPO
2021
1999
News (4w)
5
0
Recent ratings
25
25
ONON

On Holding AG

On Holding AG develops and distributes sports products worldwide. It offers its products through independent retailers and distributors, online, and stores. The company was founded in 2010 and is headquartered in Zurich, Switzerland.

SKX

Skechers U.S.A. Inc.

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women under the Skechers brand worldwide. It operates through three segments: Domestic Wholesale, International Wholesale, and Direct-to-Consumer. The company offers casual, casual athletic, sport athletic, trail, sandals, boots, and retro fashion footwear for men and women under the Skechers USA, Skechers Sport, Skechers Active, Modern Comfort, Skechers Street, Mark Nason, and BOBS brands; sneakers, casuals, boots, and sandals for boys and girls under the Skechers Mega-Craft, S-Lights, SKECH-AIR, Foamies, Twinkle Toes, Z-Strap, Skechers Stretch Fit, and Skechers Street brands; technical footwear under the Skechers GOrun, Skechers GOwalk, Skechers GOtrain, Skechers GOtrail, and Skechers GO Golf brands; sneakers, casuals, boots, and sandals for boys and girls; men's and women's slip-resistant and safety-toe casuals, boots, hikers, and athletic shoes; and lifestyle apparel for men, women, and kids. As of December 31, 2020, it operated approximately 3,891 company- and third party-owned Skechers stores. The company sells its products through department and specialty stores, athletic and independent retailers, boutiques, and online retailers; and through its e-commerce sites, concept stores, and factory and warehouse outlet stores. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California.

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