On (ONON) vs Rocky Brands (RCKY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Rocky Brands (RCKY) has outperformed On (ONON) over the past year, gaining 60.8% versus a loss of 19.0%. Over five years, ONON leads with a +18.1% price change compared with -11.7% for RCKY. On is the larger company by market cap ($11.73 billion vs $336.6 million), about 34.8 times the size.
On valuation, Rocky Brands trades at a lower forward P/E (10.7x vs 17.1x for On). Rocky Brands pays a dividend yielding 1.41%, while On does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ONON | RCKY |
|---|---|---|
| Share price | $35.09 | $44.93 |
| Market cap | $11.73B | $336.61M |
| 1-day change | +3.08% | -1.08% |
| YTD return | -24.51% | +53.19% |
| 1-year return | -18.96% | +60.81% |
| 5-year return | +18.07% | -11.73% |
| P/E ratio (TTM) | 23.39 | 11.79 |
| Forward P/E | 17.08 | 10.70 |
| EPS (TTM) | $1.50 | $3.81 |
| Dividend yield | 0.00% | 1.41% |
| Annual dividend | $0.00 | $0.635 |
| 52-week high | $51.08 | $53.01 |
| 52-week low | $26.37 | $26.73 |
| Distance from 52-week high | -31.30% | -15.24% |
| Analyst consensus | buy | none |
| Avg. price target upside | +23.57% | +11.28% |
| Average volume | 8.92M | 56.89K |
| Shares outstanding | 301.72M | 7.49M |
| Employees | 3,963 | 2,200 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Shoe Manufacturing | Shoe Manufacturing |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- On is about 34.8 times larger than Rocky Brands by market value ($11.73B vs $336.61M).
- RCKY has outperformed ONON by 79.8 percentage points over the past year.
- On trades at a higher earnings multiple (23.4x vs 11.8x trailing P/E).
- Rocky Brands offers a meaningfully higher dividend yield (1.41% vs 0.00%).
About On
ONON stock →On Holding AG, together with its subsidiaries, develops and distributes performance sports products under the On brand in Switzerland, the rest of Europe, the Middle East, Africa, the United States, the rest of the Americas, and the Asia-Pacific. The company offers athletic footwear, apparel, and accessories for performance running, performance outdoor, performance all day, performance training, performance tennis, and young movers.
Consumer Discretionary · Shoe Manufacturing · 3,963 employees
About Rocky Brands
RCKY stock →Rocky Brands, Inc. designs, manufactures, and markets footwear and apparel in the United States, Canada, the United Kingdom, and internationally.
Consumer Discretionary · Shoe Manufacturing · 2,200 employees
ONON vs RCKY FAQ
Which is bigger, On or Rocky Brands?
On (ONON) is larger, with a market capitalization of $11.73B compared with $336.61M for Rocky Brands (RCKY).
Which stock has performed better over the past year, ONON or RCKY?
RCKY returned +60.81% over the past 12 months, compared with -18.96% for ONON (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ONON or RCKY?
RCKY has the lower trailing P/E at 11.8, versus 23.4 for ONON. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, On or Rocky Brands?
Rocky Brands pays a dividend yielding 1.41%, while On does not currently pay a regular dividend.
Are On and Rocky Brands in the same industry?
Yes. Both are classified in the Shoe Manufacturing industry within the Consumer Discretionary sector.