NVR vs. ONON: NVR vs. On Holding Stock Comparison
How do NVR (NVR) 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
NVR (NVR) and On Holding (ONON) both fall under the Consumer Durables & Apparel industry group, but NVR is classified in Household Durables while ONON is classified in Textiles, Apparel & Luxury Goods.
NVR (NVR) has more than two decades of public-market history since July 22, 1985, whereas On Holding (ONON) listed on September 15, 2021 and has a much shorter record to draw on.
| Profile Item | NVR | ONON |
|---|---|---|
| Name | NVR 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 | Household Durables | Textiles, Apparel & Luxury Goods |
| GICS Sub-Industry | Homebuilding | Footwear |
| Market Capitalization | 16.66 billion USD | 12.49 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 22, 1985 | September 15, 2021 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | NVR | ONON |
|---|---|---|
| Total Return (1Y) | -12.87% | 6.10% |
| Total Return (3Y, Annualized) | 2.68% | 11.24% |
| Total Return (5Y, Annualized) | 3.97% | -0.38% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
On Holding (ONON) carries a highly aggressive beta of 2.03, indicating much higher sensitivity to broad-market moves, whereas NVR (NVR) is closer to market-like at 0.91 — a noticeable difference in market-sensitivity profile.
On Holding (ONON) is heavily traded at around 10.75M shares per day, whereas NVR (NVR) is thinly traded at only 40.95K — larger orders in the latter may face more price impact or wider spreads, depending on market conditions.
| Metric | NVR | ONON |
|---|---|---|
| Volatility (1Y, Annualized) | 29.52% | 49.48% |
| Beta (5Y) | 0.91 | 2.03 |
| Max Drawdown (5Y) | -43.94% | -68.90% |
| Avg. Volume (3M) | 40.95K | 10.75M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | NVR | ONON |
|---|---|---|
| Sharpe Ratio (1Y) | -0.58 | 0.04 |
| Sortino Ratio (1Y) | -0.84 | 0.05 |
Profitability
ROE (TTM)
Both NVR (NVR) at 28.30% and On Holding (ONON) at 23.95% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
NVR
Consumer Durables & Apparel industry group
28.30%
- Max
- 44.27%
- NVR
- 28.30%
- 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 NVR (NVR) at 11.12% 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.
NVR
Consumer Durables & Apparel industry group
11.12%
- Max
- 19.00%
- NVR
- 11.12%
- 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)
Both NVR (NVR) at 14.11% and On Holding (ONON) at 14.02% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
NVR
Consumer Durables & Apparel industry group
14.11%
- Max
- 28.97%
- Q3
- 14.34%
- NVR
- 14.11%
- 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 | NVR | ONON |
|---|---|---|
| ROE (TTM) | 28.30% | 23.95% |
| ROA (TTM) | 15.09% | 9.58% |
| Net Margin (TTM) | 11.12% | 12.30% |
| Operating Margin (TTM) | 14.11% | 14.02% |
| Gross Margin (TTM) | 21.10% | 64.82% |
Growth
Revenue Growth
On Holding (ONON) at 30.01% clears its industry range for revenue growth, far stronger top-line momentum than NVR (NVR) at -1.91%, which is closer to a typical peer reading.
EPS Growth
Both NVR (NVR) at -13.84% and On Holding (ONON) at -17.57% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | NVR | ONON |
|---|---|---|
| Revenue Growth (YoY) | -1.91% | 30.01% |
| Revenue Growth (3Y CAGR) | -0.63% | 35.11% |
| EPS Growth (YoY) | -13.84% | -17.57% |
| EPS Growth (3Y CAGR) | -3.90% | 50.21% |
Financial Strength
Current Ratio (MRQ)
On Holding (ONON) at 2.83 keeps current ratio within its industry’s typical mid-range, while NVR (NVR) at 5.39 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
NVR
Consumer Durables & Apparel industry group
5.39
- Max
- 5.48
- NVR
- 5.39
- Q3
- 3.70
- Median
- 2.10
- Q1
- 1.64
- 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)
Both NVR (NVR) at 0.32 and On Holding (ONON) at 0.29 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
NVR
Consumer Durables & Apparel industry group
0.32
- Max
- 2.46
- Q3
- 1.19
- Median
- 0.45
- NVR
- 0.32
- 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 | NVR | ONON |
|---|---|---|
| Current Ratio (MRQ) | 5.39 | 2.83 |
| Debt / Equity (MRQ) | 0.32 | 0.29 |
| Net Debt / EBITDA | 0.01 | -1.38 |
Dividends
Dividend Yield (TTM)
Neither NVR (NVR) nor On Holding (ONON) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
NVR
Consumer Durables & Apparel industry group
0.00%
- Max
- 5.10%
- Q3
- 2.20%
- Median
- 0.77%
- NVR
- 0.00%
- 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)
Neither NVR (NVR) nor On Holding (ONON) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
NVR
Consumer Durables & Apparel industry group
0.00%
- Max
- 96.30%
- Q3
- 39.57%
- Median
- 11.11%
- NVR
- 0.00%
- 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 | NVR | ONON |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Both NVR (NVR) at 17.41 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.
NVR
Consumer Durables & Apparel industry group
17.41
- Max
- 40.20
- Q3
- 25.33
- Median
- 17.52
- NVR
- 17.41
- 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: NVR (NVR) at 1.77 sits in the upper P/S ratio quartile, and On Holding (ONON) at 3.88 prices even higher, above its industry range.
NVR
Consumer Durables & Apparel industry group
1.77
- Max
- 3.32
- NVR
- 1.77
- 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 NVR (NVR) at 4.85 and On Holding (ONON) at 5.38 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
NVR
Consumer Durables & Apparel industry group
4.85
- Max
- 8.35
- NVR
- 4.85
- 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 | NVR | ONON |
|---|---|---|
| P/E Ratio (TTM) | 17.41 | 24.91 |
| P/S Ratio (TTM) | 1.77 | 3.88 |
| P/B Ratio (MRQ) | 4.85 | 5.38 |
| Free Cash Flow Yield (TTM) | 4.24% | 2.31% |