GM vs. ONON: A Head-to-Head Stock Comparison

Updated on August 21, 2025

Here’s a clear look at GM and ONON, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Symbol	GM	ONON
Company Name	General Motors Company	On Holding AG
Country	United States	Switzerland
GICS Sector	Consumer Discretionary	Consumer Discretionary
GICS Industry	Automobiles	Textiles, Apparel & Luxury Goods
Market Capitalization	52.92 billion USD	15.74 billion USD
Exchange	NYSE	NYSE
Listing Date	November 18, 2010	September 15, 2021
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of GM and ONON by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

GM vs. ONON: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	GM	ONON
5-Day Price Return	4.97%	6.71%
13-Week Price Return	12.03%	-6.08%
26-Week Price Return	15.96%	-19.31%
52-Week Price Return	29.29%	21.85%
Month-to-Date Return	4.20%	-0.78%
Year-to-Date Return	4.34%	-12.01%
10-Day Avg. Volume	7.43M	9.93M
3-Month Avg. Volume	10.71M	5.95M
3-Month Volatility	34.91%	44.46%
Beta	1.36	2.26

Profitability

Return on Equity (TTM)

GM

7.21%

Automobiles Industry

Max: 25.70%
Q3: 12.88%
Median: 6.92%
Q1: 0.71%
Min: -15.89%

GM’s Return on Equity of 7.21% is on par with the norm for the Automobiles industry, indicating its profitability relative to shareholder equity is typical for the sector.

ONON

15.54%

Textiles, Apparel & Luxury Goods Industry

Max: 53.33%
Q3: 26.13%
Median: 18.47%
Q1: 7.99%
Min: -10.49%

ONON’s Return on Equity of 15.54% is on par with the norm for the Textiles, Apparel & Luxury Goods industry, indicating its profitability relative to shareholder equity is typical for the sector.

GM vs. ONON: A comparison of their Return on Equity (TTM) against their respective Automobiles and Textiles, Apparel & Luxury Goods industry benchmarks.

Net Profit Margin (TTM)

GM

2.54%

Automobiles Industry

Max: 9.92%
Q3: 5.78%
Median: 3.23%
Q1: 0.11%
Min: -5.31%

GM’s Net Profit Margin of 2.54% is aligned with the median group of its peers in the Automobiles industry. This indicates its ability to convert revenue into profit is typical for the sector.

ONON

8.19%

Textiles, Apparel & Luxury Goods Industry

Max: 23.35%
Q3: 13.49%
Median: 8.45%
Q1: 4.18%
Min: -3.90%

ONON’s Net Profit Margin of 8.19% is aligned with the median group of its peers in the Textiles, Apparel & Luxury Goods industry. This indicates its ability to convert revenue into profit is typical for the sector.

GM vs. ONON: A comparison of their Net Profit Margin (TTM) against their respective Automobiles and Textiles, Apparel & Luxury Goods industry benchmarks.

Operating Profit Margin (TTM)

GM

3.42%

Automobiles Industry

Max: 13.07%
Q3: 7.22%
Median: 5.29%
Q1: 0.43%
Min: -4.46%

GM’s Operating Profit Margin of 3.42% is around the midpoint for the Automobiles industry, indicating that its efficiency in managing core business operations is typical for the sector.

ONON

9.84%

Textiles, Apparel & Luxury Goods Industry

Max: 29.47%
Q3: 20.87%
Median: 13.00%
Q1: 7.02%
Min: -3.59%

ONON’s Operating Profit Margin of 9.84% is around the midpoint for the Textiles, Apparel & Luxury Goods industry, indicating that its efficiency in managing core business operations is typical for the sector.

GM vs. ONON: A comparison of their Operating Profit Margin (TTM) against their respective Automobiles and Textiles, Apparel & Luxury Goods industry benchmarks.

Profitability at a Glance

Symbol	GM	ONON
Return on Equity (TTM)	7.21%	15.54%
Return on Assets (TTM)	1.67%	9.29%
Net Profit Margin (TTM)	2.54%	8.19%
Operating Profit Margin (TTM)	3.42%	9.84%
Gross Profit Margin (TTM)	10.97%	60.62%

Financial Strength

Current Ratio (MRQ)

GM

1.22

Automobiles Industry

Max: 2.19
Q3: 1.54
Median: 1.26
Q1: 1.09
Min: 0.48

GM’s Current Ratio of 1.22 aligns with the median group of the Automobiles industry, indicating that its short-term liquidity is in line with its sector peers.

ONON

2.80

Textiles, Apparel & Luxury Goods Industry

Max: 3.91
Q3: 2.49
Median: 1.89
Q1: 1.43
Min: 0.80

ONON’s Current Ratio of 2.80 is in the upper quartile for the Textiles, Apparel & Luxury Goods industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.

GM vs. ONON: A comparison of their Current Ratio (MRQ) against their respective Automobiles and Textiles, Apparel & Luxury Goods industry benchmarks.

Debt-to-Equity Ratio (MRQ)

GM

2.05

Automobiles Industry

Max: 2.34
Q3: 1.13
Median: 0.58
Q1: 0.28
Min: 0.06

GM’s leverage is in the upper quartile of the Automobiles industry, with a Debt-to-Equity Ratio of 2.05. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

ONON

0.23

Textiles, Apparel & Luxury Goods Industry

Max: 2.67
Q3: 1.29
Median: 0.59
Q1: 0.24
Min: 0.00

Falling into the lower quartile for the Textiles, Apparel & Luxury Goods industry, ONON’s Debt-to-Equity Ratio of 0.23 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

GM vs. ONON: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Automobiles and Textiles, Apparel & Luxury Goods industry benchmarks.

Interest Coverage Ratio (TTM)

GM

25.00

Automobiles Industry

Max: 77.87
Q3: 42.86
Median: 13.88
Q1: 2.13
Min: -49.07

GM’s Interest Coverage Ratio of 25.00 is positioned comfortably within the norm for the Automobiles industry, indicating a standard and healthy capacity to cover its interest payments.

ONON

1.62

Textiles, Apparel & Luxury Goods Industry

Max: 57.00
Q3: 35.85
Median: 9.20
Q1: 4.29
Min: -32.49

In the lower quartile for the Textiles, Apparel & Luxury Goods industry, ONON’s Interest Coverage Ratio of 1.62 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.

GM vs. ONON: A comparison of their Interest Coverage Ratio (TTM) against their respective Automobiles and Textiles, Apparel & Luxury Goods industry benchmarks.

Financial Strength at a Glance

Symbol	GM	ONON
Current Ratio (MRQ)	1.22	2.80
Quick Ratio (MRQ)	1.05	2.18
Debt-to-Equity Ratio (MRQ)	2.05	0.23
Interest Coverage Ratio (TTM)	25.00	1.62

Growth

Revenue Growth

GM vs. ONON: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

GM vs. ONON: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

GM

1.24%

Automobiles Industry

Max: 10.71%
Q3: 5.39%
Median: 3.14%
Q1: 0.00%
Min: 0.00%

GM’s Dividend Yield of 1.24% is consistent with its peers in the Automobiles industry, providing a dividend return that is standard for its sector.

ONON

0.00%

Textiles, Apparel & Luxury Goods Industry

Max: 6.59%
Q3: 3.60%
Median: 2.59%
Q1: 0.95%
Min: 0.00%

ONON currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

GM vs. ONON: A comparison of their Dividend Yield (TTM) against their respective Automobiles and Textiles, Apparel & Luxury Goods industry benchmarks.

Dividend Payout Ratio (TTM)

GM

6.61%

Automobiles Industry

Max: 114.43%
Q3: 59.30%
Median: 37.15%
Q1: 16.40%
Min: 0.00%

GM’s Dividend Payout Ratio of 6.61% is in the lower quartile for the Automobiles industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.

ONON

0.00%

Textiles, Apparel & Luxury Goods Industry

Max: 195.44%
Q3: 106.47%
Median: 58.77%
Q1: 36.52%
Min: 0.00%

ONON has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

GM vs. ONON: A comparison of their Dividend Payout Ratio (TTM) against their respective Automobiles and Textiles, Apparel & Luxury Goods industry benchmarks.

Dividend at a Glance

Symbol	GM	ONON
Dividend Yield (TTM)	1.24%	0.00%
Dividend Payout Ratio (TTM)	6.61%	0.00%

Valuation

Price-to-Earnings Ratio (TTM)

GM

10.80

Automobiles Industry

Max: 27.69
Q3: 19.99
Median: 9.85
Q1: 6.60
Min: 4.25

GM’s P/E Ratio of 10.80 is within the middle range for the Automobiles industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

ONON

60.37

Textiles, Apparel & Luxury Goods Industry

Max: 63.29
Q3: 34.64
Median: 18.01
Q1: 13.88
Min: 6.04

A P/E Ratio of 60.37 places ONON in the upper quartile for the Textiles, Apparel & Luxury Goods industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

GM vs. ONON: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Automobiles and Textiles, Apparel & Luxury Goods industry benchmarks.

Price-to-Sales Ratio (TTM)

GM

0.27

Automobiles Industry

Max: 1.52
Q3: 0.84
Median: 0.41
Q1: 0.23
Min: 0.08

GM’s P/S Ratio of 0.27 aligns with the market consensus for the Automobiles industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

ONON

4.94

Textiles, Apparel & Luxury Goods Industry

Max: 5.46
Q3: 3.13
Median: 1.72
Q1: 0.83
Min: 0.26

ONON’s P/S Ratio of 4.94 is in the upper echelon for the Textiles, Apparel & Luxury Goods industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

GM vs. ONON: A comparison of their Price-to-Sales Ratio (TTM) against their respective Automobiles and Textiles, Apparel & Luxury Goods industry benchmarks.

Price-to-Book Ratio (MRQ)

GM

0.71

Automobiles Industry

Max: 4.25
Q3: 2.00
Median: 0.87
Q1: 0.46
Min: 0.19

GM’s P/B Ratio of 0.71 is within the conventional range for the Automobiles industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

ONON

7.84

Textiles, Apparel & Luxury Goods Industry

Max: 9.76
Q3: 6.00
Median: 3.26
Q1: 1.97
Min: 0.69

ONON’s P/B Ratio of 7.84 is in the upper tier for the Textiles, Apparel & Luxury Goods industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

GM vs. ONON: A comparison of their Price-to-Book Ratio (MRQ) against their respective Automobiles and Textiles, Apparel & Luxury Goods industry benchmarks.

Valuation at a Glance

Symbol	GM	ONON
Price-to-Earnings Ratio (TTM)	10.80	60.37
Price-to-Sales Ratio (TTM)	0.27	4.94
Price-to-Book Ratio (MRQ)	0.71	7.84
Price-to-Free Cash Flow Ratio (TTM)	40.03	28.14