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

Updated on August 28, 2025

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

Company Profile

Symbol	ONON	SHAK
Company Name	On Holding AG	Shake Shack Inc.
Country	Switzerland	United States
GICS Sector	Consumer Discretionary	Consumer Discretionary
GICS Industry	Textiles, Apparel & Luxury Goods	Hotels, Restaurants & Leisure
Market Capitalization	15.20 billion USD	4.46 billion USD
Exchange	NYSE	NYSE
Listing Date	September 15, 2021	January 30, 2015
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of ONON and SHAK 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.

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

Historical Performance at a Glance

Symbol	ONON	SHAK
5-Day Price Return	1.24%	-0.06%
13-Week Price Return	-22.49%	-10.94%
26-Week Price Return	-12.44%	-6.09%
52-Week Price Return	5.56%	-2.24%
Month-to-Date Return	-6.14%	-13.20%
Year-to-Date Return	-16.76%	-19.52%
10-Day Avg. Volume	9.02M	1.14M
3-Month Avg. Volume	5.67M	1.45M
3-Month Volatility	40.53%	46.98%
Beta	2.26	1.71

Profitability

Return on Equity (TTM)

ONON

15.64%

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 15.64% 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.

SHAK

4.20%

Hotels, Restaurants & Leisure Industry

Max: 83.01%
Q3: 39.51%
Median: 17.38%
Q1: 5.32%
Min: -45.92%

SHAK’s Return on Equity of 4.20% is in the lower quartile for the Hotels, Restaurants & Leisure industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.

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

Net Profit Margin (TTM)

ONON

8.24%

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 8.24% 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.

SHAK

1.50%

Hotels, Restaurants & Leisure Industry

Max: 26.45%
Q3: 14.67%
Median: 8.69%
Q1: 3.34%
Min: -11.30%

Falling into the lower quartile for the Hotels, Restaurants & Leisure industry, SHAK’s Net Profit Margin of 1.50% indicates weaker profitability. This means the company retains a smaller portion of each dollar in sales as profit compared to its competitors.

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

Operating Profit Margin (TTM)

ONON

9.86%

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 9.86% 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.

SHAK

1.32%

Hotels, Restaurants & Leisure Industry

Max: 38.76%
Q3: 21.15%
Median: 14.20%
Q1: 6.43%
Min: -14.56%

SHAK’s Operating Profit Margin of 1.32% is in the lower quartile for the Hotels, Restaurants & Leisure industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.

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

Profitability at a Glance

Symbol	ONON	SHAK
Return on Equity (TTM)	15.64%	4.20%
Return on Assets (TTM)	9.34%	1.16%
Net Profit Margin (TTM)	8.24%	1.50%
Operating Profit Margin (TTM)	9.86%	1.32%
Gross Profit Margin (TTM)	60.62%	47.03%

Financial Strength

Current Ratio (MRQ)

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.

SHAK

1.92

Hotels, Restaurants & Leisure Industry

Max: 2.68
Q3: 1.62
Median: 1.11
Q1: 0.74
Min: 0.19

SHAK’s Current Ratio of 1.92 is in the upper quartile for the Hotels, Restaurants & Leisure industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.

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

Debt-to-Equity Ratio (MRQ)

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.

SHAK

0.53

Hotels, Restaurants & Leisure Industry

Max: 9.88
Q3: 4.54
Median: 1.52
Q1: 0.27
Min: 0.00

SHAK’s Debt-to-Equity Ratio of 0.53 is typical for the Hotels, Restaurants & Leisure industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

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

Interest Coverage Ratio (TTM)

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.

SHAK

11.14

Hotels, Restaurants & Leisure Industry

Max: 26.88
Q3: 11.95
Median: 3.87
Q1: 1.19
Min: -11.84

SHAK’s Interest Coverage Ratio of 11.14 is positioned comfortably within the norm for the Hotels, Restaurants & Leisure industry, indicating a standard and healthy capacity to cover its interest payments.

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

Financial Strength at a Glance

Symbol	ONON	SHAK
Current Ratio (MRQ)	2.80	1.92
Quick Ratio (MRQ)	2.18	1.83
Debt-to-Equity Ratio (MRQ)	0.23	0.53
Interest Coverage Ratio (TTM)	1.62	11.14

Growth

Revenue Growth

ONON vs. SHAK: 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

ONON vs. SHAK: 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)

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.

SHAK

0.00%

Hotels, Restaurants & Leisure Industry

Max: 5.88%
Q3: 2.37%
Median: 0.68%
Q1: 0.00%
Min: 0.00%

SHAK 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.

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

Dividend Payout Ratio (TTM)

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.

SHAK

0.00%

Hotels, Restaurants & Leisure Industry

Max: 127.31%
Q3: 56.79%
Median: 19.58%
Q1: 0.00%
Min: 0.00%

SHAK 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.

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

Dividend at a Glance

Symbol	ONON	SHAK
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

Price-to-Earnings Ratio (TTM)

ONON

56.39

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 56.39 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.

SHAK

224.30

Hotels, Restaurants & Leisure Industry

Max: 59.44
Q3: 33.98
Median: 22.25
Q1: 15.53
Min: 7.61

At 224.30, SHAK’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Hotels, Restaurants & Leisure industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.

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

Price-to-Sales Ratio (TTM)

ONON

4.65

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 4.65 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.

SHAK

3.37

Hotels, Restaurants & Leisure Industry

Max: 7.74
Q3: 3.88
Median: 2.05
Q1: 1.19
Min: 0.17

SHAK’s P/S Ratio of 3.37 aligns with the market consensus for the Hotels, Restaurants & Leisure industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

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

Price-to-Book Ratio (MRQ)

ONON

7.87

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 7.87 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.

SHAK

11.56

Hotels, Restaurants & Leisure Industry

Max: 20.90
Q3: 9.78
Median: 4.29
Q1: 2.22
Min: 0.47

SHAK’s P/B Ratio of 11.56 is in the upper tier for the Hotels, Restaurants & Leisure 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.

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

Valuation at a Glance

Symbol	ONON	SHAK
Price-to-Earnings Ratio (TTM)	56.39	224.30
Price-to-Sales Ratio (TTM)	4.65	3.37
Price-to-Book Ratio (MRQ)	7.87	11.56
Price-to-Free Cash Flow Ratio (TTM)	26.43	96.53