HAS vs. ONON: Hasbro vs. On Holding Stock Comparison
How do Hasbro (HAS) and On Holding (ONON) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Hasbro (HAS) and On Holding (ONON) both fall under the Consumer Durables & Apparel industry group, but HAS is classified in Leisure Products while ONON is classified in Textiles, Apparel & Luxury Goods.
Hasbro (HAS) has more than two decades of public-market history since March 17, 1980, whereas On Holding (ONON) listed on September 15, 2021 and has a much shorter record to draw on.
| Profile Item | HAS | ONON |
|---|---|---|
| Name | Hasbro, Inc. | On Holding AG Class A Ordinary Shares |
| Country/Region | United States | Switzerland |
| GICS Sector | Consumer Discretionary | Consumer Discretionary |
| GICS Industry Group | Consumer Durables & Apparel | Consumer Durables & Apparel |
| GICS Industry | Leisure Products | Textiles, Apparel & Luxury Goods |
| GICS Sub-Industry | Leisure Products | Footwear |
| Market Capitalization | 16.63 billion USD | 12.49 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | March 17, 1980 | September 15, 2021 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | HAS | ONON |
|---|---|---|
| Total Return (1Y) | 64.51% | 6.10% |
| Total Return (3Y, Annualized) | 46.50% | 11.24% |
| Total Return (5Y, Annualized) | 8.70% | -0.38% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
On Holding (ONON) has a highly aggressive beta of 2.03, indicating much higher sensitivity to broad-market moves, while Hasbro (HAS) is defensive at 0.36 and tends to be less market-sensitive — a wide gap in beta profiles.
| Metric | HAS | ONON |
|---|---|---|
| Volatility (1Y, Annualized) | 32.51% | 49.48% |
| Beta (5Y) | 0.36 | 2.03 |
| Max Drawdown (5Y) | -55.05% | -68.90% |
| Avg. Volume (3M) | 1.92M | 10.75M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | HAS | ONON |
|---|---|---|
| Sharpe Ratio (1Y) | 1.85 | 0.04 |
| Sortino Ratio (1Y) | 3.29 | 0.05 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Hasbro (HAS) at 139.78% is the standout with ROE above its industry range; On Holding (ONON) at 23.95% also sits in the top quartile.
HAS
Consumer Durables & Apparel industry group
139.78%
- HAS
- 139.78%
- Max
- 44.27%
- Q3
- 22.94%
- Median
- 12.36%
- Q1
- 5.76%
- Min
- -12.76%
ONON
Consumer Durables & Apparel industry group
23.95%
- Max
- 44.27%
- ONON
- 23.95%
- Q3
- 22.94%
- Median
- 12.36%
- Q1
- 5.76%
- Min
- -12.76%
Net Margin (TTM)
For every dollar of sales, both Hasbro (HAS) at 18.44% and On Holding (ONON) at 12.30% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
HAS
Consumer Durables & Apparel industry group
18.44%
- Max
- 19.00%
- HAS
- 18.44%
- Q3
- 9.42%
- Median
- 5.93%
- Q1
- 2.80%
- Min
- -7.09%
ONON
Consumer Durables & Apparel industry group
12.30%
- Max
- 19.00%
- ONON
- 12.30%
- Q3
- 9.42%
- Median
- 5.93%
- Q1
- 2.80%
- Min
- -7.09%
Operating Margin (TTM)
Hasbro (HAS) at 32.43% turns sales into operating profit above its industry’s benchmark range, while On Holding (ONON) at 14.02% operates around its industry’s norm.
HAS
Consumer Durables & Apparel industry group
32.43%
- HAS
- 32.43%
- Max
- 28.97%
- Q3
- 14.34%
- Median
- 8.77%
- Q1
- 4.05%
- Min
- -7.88%
ONON
Consumer Durables & Apparel industry group
14.02%
- Max
- 28.97%
- Q3
- 14.34%
- ONON
- 14.02%
- Median
- 8.77%
- Q1
- 4.05%
- Min
- -7.88%
Profitability Metrics
| Metric | HAS | ONON |
|---|---|---|
| ROE (TTM) | 139.78% | 23.95% |
| ROA (TTM) | 14.94% | 9.58% |
| Net Margin (TTM) | 18.44% | 12.30% |
| Operating Margin (TTM) | 32.43% | 14.02% |
| Gross Margin (TTM) | 65.35% | 64.82% |
Growth
Revenue Growth
Both companies are growing quickly, but On Holding (ONON) at 30.01% is the standout with revenue growth above its industry range; Hasbro (HAS) at 13.68% also sits in the top quartile.
EPS Growth
On Holding (ONON) at -17.57% is around its peer norm for EPS growth, while Hasbro (HAS) at -183.64% falls below its industry range, a notably weak earnings reading.
Growth Metrics
| Metric | HAS | ONON |
|---|---|---|
| Revenue Growth (YoY) | 13.68% | 30.01% |
| Revenue Growth (3Y CAGR) | -7.06% | 35.11% |
| EPS Growth (YoY) | -183.64% | -17.57% |
| EPS Growth (3Y CAGR) | -- | 50.21% |
Financial Strength
Current Ratio (MRQ)
On Holding (ONON) at 2.83 keeps current ratio within its industry’s typical mid-range, while Hasbro (HAS) at 1.40 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for HAS.
HAS
Consumer Durables & Apparel industry group
1.40
- Max
- 5.48
- Q3
- 3.70
- Median
- 2.10
- Q1
- 1.64
- HAS
- 1.40
- Min
- 0.75
ONON
Consumer Durables & Apparel industry group
2.83
- Max
- 5.48
- Q3
- 3.70
- ONON
- 2.83
- Median
- 2.10
- Q1
- 1.64
- Min
- 0.75
Debt / Equity (MRQ)
On Holding (ONON) at 0.29 is near its industry mid-range for debt-to-equity ratio, while Hasbro (HAS) at 4.10 sits above its benchmark range, pointing to a heavier debt load relative to equity.
HAS
Consumer Durables & Apparel industry group
4.10
- HAS
- 4.10
- Max
- 2.46
- Q3
- 1.19
- Median
- 0.45
- Q1
- 0.23
- Min
- 0.00
ONON
Consumer Durables & Apparel industry group
0.29
- Max
- 2.46
- Q3
- 1.19
- Median
- 0.45
- ONON
- 0.29
- Q1
- 0.23
- Min
- 0.00
Financial Strength Metrics
| Metric | HAS | ONON |
|---|---|---|
| Current Ratio (MRQ) | 1.40 | 2.83 |
| Debt / Equity (MRQ) | 4.10 | 0.29 |
| Net Debt / EBITDA | 1.56 | -1.38 |
Dividends
Dividend Yield (TTM)
On Holding (ONON) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Hasbro (HAS) reports a yield of 2.34%, ranking against industry peers normally.
HAS
Consumer Durables & Apparel industry group
2.34%
- Max
- 5.10%
- HAS
- 2.34%
- Q3
- 2.20%
- Median
- 0.77%
- Q1
- 0.00%
- Min
- 0.00%
ONON
Consumer Durables & Apparel industry group
0.00%
- Max
- 5.10%
- Q3
- 2.20%
- Median
- 0.77%
- ONON
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
On Holding (ONON) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Hasbro (HAS) reports a payout of 41.73%, ranking against industry peers normally.
HAS
Consumer Durables & Apparel industry group
41.73%
- Max
- 96.30%
- HAS
- 41.73%
- Q3
- 39.57%
- Median
- 11.11%
- Q1
- 0.00%
- Min
- 0.00%
ONON
Consumer Durables & Apparel industry group
0.00%
- Max
- 96.30%
- Q3
- 39.57%
- Median
- 11.11%
- ONON
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | HAS | ONON |
|---|---|---|
| Dividend Yield (TTM) | 2.34% | 0.00% |
| Dividend Payout Ratio (TTM) | 41.73% | 0.00% |
Valuation
P/E Ratio (TTM)
Both Hasbro (HAS) at 17.72 and On Holding (ONON) at 24.91 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
HAS
Consumer Durables & Apparel industry group
17.72
- Max
- 40.20
- Q3
- 25.33
- HAS
- 17.72
- Median
- 17.52
- Q1
- 14.50
- Min
- 5.29
ONON
Consumer Durables & Apparel industry group
24.91
- Max
- 40.20
- Q3
- 25.33
- ONON
- 24.91
- Median
- 17.52
- Q1
- 14.50
- Min
- 5.29
P/S Ratio (TTM)
Both look expensive on sales: Hasbro (HAS) at 3.21 sits in the upper P/S ratio quartile, and On Holding (ONON) at 3.88 prices even higher, above its industry range.
HAS
Consumer Durables & Apparel industry group
3.21
- Max
- 3.32
- HAS
- 3.21
- Q3
- 1.74
- Median
- 1.02
- Q1
- 0.56
- Min
- 0.01
ONON
Consumer Durables & Apparel industry group
3.88
- ONON
- 3.88
- Max
- 3.32
- Q3
- 1.74
- Median
- 1.02
- Q1
- 0.56
- Min
- 0.01
P/B Ratio (MRQ)
Both look rich against book: On Holding (ONON) at 5.38 sits in the upper P/B ratio quartile, and Hasbro (HAS) at 18.24 prices even higher, above its industry range.
HAS
Consumer Durables & Apparel industry group
18.24
- HAS
- 18.24
- Max
- 8.35
- Q3
- 4.28
- Median
- 2.11
- Q1
- 1.09
- Min
- 0.49
ONON
Consumer Durables & Apparel industry group
5.38
- Max
- 8.35
- ONON
- 5.38
- Q3
- 4.28
- Median
- 2.11
- Q1
- 1.09
- Min
- 0.49
Valuation Metrics
| Metric | HAS | ONON |
|---|---|---|
| P/E Ratio (TTM) | 17.72 | 24.91 |
| P/S Ratio (TTM) | 3.21 | 3.88 |
| P/B Ratio (MRQ) | 18.24 | 5.38 |
| Free Cash Flow Yield (TTM) | 4.84% | 2.31% |