SKX vs. ONON
Compare and contrast key facts about Skechers U.S.A., Inc. (SKX) and On Holding AG (ONON).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SKX or ONON.
Correlation
The correlation between SKX and ONON is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SKX vs. ONON - Performance Comparison
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Key characteristics
SKX:
-0.22
ONON:
1.36
SKX:
0.05
ONON:
2.58
SKX:
1.01
ONON:
1.33
SKX:
-0.22
ONON:
2.36
SKX:
-0.51
ONON:
6.53
SKX:
17.69%
ONON:
14.74%
SKX:
47.83%
ONON:
48.62%
SKX:
-86.73%
ONON:
-68.90%
SKX:
-20.64%
ONON:
-5.30%
Fundamentals
SKX:
$9.30B
ONON:
$18.78B
SKX:
$4.17
ONON:
$0.74
SKX:
14.91
ONON:
77.82
SKX:
1.02
ONON:
7.40
SKX:
2.06
ONON:
10.89
SKX:
$9.13B
ONON:
$1.81B
SKX:
$4.79B
ONON:
$1.10B
SKX:
$1.01B
ONON:
$255.60M
Returns By Period
In the year-to-date period, SKX achieves a -7.66% return, which is significantly lower than ONON's 10.01% return.
SKX
-7.66%
29.95%
0.84%
-10.49%
20.11%
6.22%
ONON
10.01%
41.20%
12.93%
65.43%
N/A
N/A
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Risk-Adjusted Performance
SKX vs. ONON — Risk-Adjusted Performance Rank
SKX
ONON
SKX vs. ONON - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Skechers U.S.A., Inc. (SKX) and On Holding AG (ONON). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
SKX vs. ONON - Dividend Comparison
Neither SKX nor ONON has paid dividends to shareholders.
Drawdowns
SKX vs. ONON - Drawdown Comparison
The maximum SKX drawdown since its inception was -86.73%, which is greater than ONON's maximum drawdown of -68.90%. Use the drawdown chart below to compare losses from any high point for SKX and ONON. For additional features, visit the drawdowns tool.
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Volatility
SKX vs. ONON - Volatility Comparison
Skechers U.S.A., Inc. (SKX) has a higher volatility of 23.44% compared to On Holding AG (ONON) at 13.62%. This indicates that SKX's price experiences larger fluctuations and is considered to be riskier than ONON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
SKX vs. ONON - Financials Comparison
This section allows you to compare key financial metrics between Skechers U.S.A., Inc. and On Holding AG. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
SKX vs. ONON - Profitability Comparison
SKX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Skechers U.S.A., Inc. reported a gross profit of 1.25B and revenue of 2.41B. Therefore, the gross margin over that period was 52.0%.
ONON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, On Holding AG reported a gross profit of 376.80M and revenue of 606.60M. Therefore, the gross margin over that period was 62.1%.
SKX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Skechers U.S.A., Inc. reported an operating income of 265.13M and revenue of 2.41B, resulting in an operating margin of 11.0%.
ONON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, On Holding AG reported an operating income of 53.10M and revenue of 606.60M, resulting in an operating margin of 8.8%.
SKX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Skechers U.S.A., Inc. reported a net income of 202.44M and revenue of 2.41B, resulting in a net margin of 8.4%.
ONON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, On Holding AG reported a net income of 89.60M and revenue of 606.60M, resulting in a net margin of 14.8%.