Which has the lower trailing P/E, APTV or ONON?

ONON has the lower trailing P/E: APTV trades at 41.47 and ONON at 20.73. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, APTV or ONON?

Over the past five years, ONON grew revenue faster — APTV at a 3.57% CAGR versus ONON at 45.59%.

Is APTV or ONON more profitable?

ONON runs the higher net margin — APTV at 1.17% versus ONON at 12.30%.

How have APTV and ONON total returns compared?

Over the past 5 years, APTV delivered -22.19% and ONON delivered -0.20% annualized total return. Past performance doesn't predict future results.

Aptiv PLC (APTV) vs On Holding AG (ONON)

A side-by-side comparison of Aptiv PLC and On Holding AG across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

APTV

Aptiv PLC

$9.21B

$43.54Consumer CyclicalDelayed quote: Oct 2, 2026, 4:00 PM EDT

ONON

On Holding AG

$10.28B

$30.85Consumer CyclicalDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — APTV vs ONON

growth of $100 · dividends reinvested · last 5y

APTV -70.6% (-21.7%/yr)ONON -13.7% (-2.9%/yr)ONON compounded faster over this window

APTV ONON

APTV vs ONON: by the numbers

•ONON is the larger company ($10.28B vs $9.21B market cap).
•ONON trades at the lower trailing earnings multiple (20.73 vs 41.47 P/E), one valuation lens rather than an overall verdict.
•ONON converts more revenue to profit (12.30% vs 1.17% net margin).
•ONON grew revenue faster over the past five years (45.59% vs 3.57% CAGR).

Metrics side by side

Valuation

Metric	APTV	ONON
P/E ratio	41.47	20.73
P/S ratio	0.49	2.54
P/B ratio	1.05	4.35
EV / EBITDA	7.75	13.49
FCF yield	8.28%	5.15%

Profitability

Metric	APTV	ONON
Gross margin	19.93%	64.82%
Operating margin	5.47%	13.78%
Net margin	1.17%	12.30%
ROE	2.51%	21.08%
ROIC	N/A	17.09%

Growth (annualized)

Metric	APTV	ONON
Revenue CAGR (5Y)	3.57%	45.59%
EPS CAGR (5Y)	-35.51%	N/A
FCF CAGR (5Y)	13.03%	N/A
Total return CAGR (5Y)	-22.19%	-0.20%

Frequently asked

Which has the lower trailing P/E, APTV or ONON?: ONON has the lower trailing P/E: APTV trades at 41.47 and ONON at 20.73. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, APTV or ONON?: Over the past five years, ONON grew revenue faster — APTV at a 3.57% CAGR versus ONON at 45.59%.
Is APTV or ONON more profitable?: ONON runs the higher net margin — APTV at 1.17% versus ONON at 12.30%.
How have APTV and ONON total returns compared?: Over the past 5 years, APTV delivered -22.19% and ONON delivered -0.20% annualized total return. Past performance doesn't predict future results.

Go deeper

Full APTV analysis Full ONON analysis Interactive comparison tool

Dig into the metrics

Aptiv P/E ratio On Holding AG P/E ratio Aptiv ROE On Holding AG ROE Aptiv operating margin On Holding AG operating margin Aptiv revenue growth On Holding AG revenue growth Aptiv free cash flow On Holding AG free cash flow

Aptiv & On Holding AG appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.