On (ONON) vs Wolverine World Wide (WWW)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
On (ONON) has outperformed Wolverine World Wide (WWW) over the past year, losing 19.0% versus a loss of 24.4%. Over five years, ONON leads with a +18.1% price change compared with -38.5% for WWW. On is the larger company by market cap ($11.73 billion vs $1.59 billion), about 7.4 times the size.
On valuation, Wolverine World Wide trades at a lower forward P/E (10.5x vs 17.1x for On). Wolverine World Wide pays a dividend yielding 2.06%, 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 | WWW |
|---|---|---|
| Share price | $35.09 | $19.43 |
| Market cap | $11.73B | $1.59B |
| 1-day change | +3.08% | +2.26% |
| YTD return | -24.51% | +7.05% |
| 1-year return | -18.96% | -24.37% |
| 5-year return | +18.07% | -38.51% |
| P/E ratio (TTM) | 23.39 | 14.72 |
| Forward P/E | 17.08 | 10.50 |
| EPS (TTM) | $1.50 | $1.32 |
| Dividend yield | 0.00% | 2.06% |
| Annual dividend | $0.00 | $0.40 |
| Revenue (latest FY) | — | $1.87B |
| Revenue growth (YoY) | — | +6.80% |
| Net income (latest FY) | — | $95.80M |
| Gross margin | — | 47.31% |
| Operating margin | — | 8.01% |
| Net margin | — | 5.11% |
| 52-week high | $51.08 | $27.73 |
| 52-week low | $26.37 | $13.47 |
| Distance from 52-week high | -31.30% | -29.93% |
| Analyst consensus | buy | none |
| Avg. price target upside | +23.57% | +25.06% |
| Average volume | 8.92M | 797.40K |
| Shares outstanding | 301.72M | 82.07M |
| Employees | 3,963 | 3,050 |
| 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 7.4 times larger than Wolverine World Wide by market value ($11.73B vs $1.59B).
- On trades at a higher earnings multiple (23.4x vs 14.7x trailing P/E).
- Wolverine World Wide offers a meaningfully higher dividend yield (2.06% 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 Wolverine World Wide
WWW stock →Wolverine World Wide, Inc. designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America.
Consumer Discretionary · Shoe Manufacturing · 3,050 employees
ONON vs WWW FAQ
Which is bigger, On or Wolverine World Wide?
On (ONON) is larger, with a market capitalization of $11.73B compared with $1.59B for Wolverine World Wide (WWW).
Which stock has performed better over the past year, ONON or WWW?
ONON returned -18.96% over the past 12 months, compared with -24.37% for WWW (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ONON or WWW?
WWW has the lower trailing P/E at 14.7, 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 Wolverine World Wide?
Wolverine World Wide pays a dividend yielding 2.06%, while On does not currently pay a regular dividend.
Are On and Wolverine World Wide in the same industry?
Yes. Both are classified in the Shoe Manufacturing industry within the Consumer Discretionary sector.