Which has grown faster, DKNG or ONON?

Over the past five years, ONON grew revenue faster — DKNG at a 42.35% CAGR versus ONON at 45.59%.

Is DKNG or ONON more profitable?

ONON runs the higher net margin — DKNG at -2.68% versus ONON at 12.30%.

How have DKNG and ONON total returns compared?

Over the past 5 years, DKNG delivered -17.48% and ONON delivered -0.20% annualized total return. Past performance doesn't predict future results.

DraftKings Inc. (DKNG) vs On Holding AG (ONON)

A side-by-side comparison of DraftKings Inc. 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.

DKNG

DraftKings Inc.

$9.22B

$18.59Consumer 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 — DKNG vs ONON

growth of $100 · dividends reinvested · last 5y

DKNG -67.7% (-20.2%/yr)ONON -13.7% (-2.9%/yr)ONON compounded faster over this window

DKNG ONON

DKNG vs ONON: by the numbers

•ONON is the larger company ($10.28B vs $9.22B market cap).
•ONON is profitable (12.30% net margin) while DKNG runs a net loss (-2.68%).
•ONON grew revenue faster over the past five years (45.59% vs 42.35% CAGR).

Metrics side by side

Valuation

Metric	DKNG	ONON
P/E ratio	N/A	20.73
Forward P/E	156.90	N/A
P/S ratio	1.48	2.54
P/B ratio	16.20	4.35
EV / EBITDA	92.64	13.49
FCF yield	6.68%	5.15%

Profitability

Metric	DKNG	ONON
Gross margin	40.54%	64.82%
Operating margin	-2.93%	13.78%
Net margin	-2.68%	12.30%
ROE	-29.31%	21.08%
ROIC	-6.69%	17.09%

Growth (annualized)

Metric	DKNG	ONON
Revenue CAGR (5Y)	42.35%	45.59%
Total return CAGR (5Y)	-17.48%	-0.20%

Frequently asked

Which has grown faster, DKNG or ONON?: Over the past five years, ONON grew revenue faster — DKNG at a 42.35% CAGR versus ONON at 45.59%.
Is DKNG or ONON more profitable?: ONON runs the higher net margin — DKNG at -2.68% versus ONON at 12.30%.
How have DKNG and ONON total returns compared?: Over the past 5 years, DKNG delivered -17.48% and ONON delivered -0.20% annualized total return. Past performance doesn't predict future results.

Go deeper

Full DKNG analysis Full ONON analysis Interactive comparison tool

Dig into the metrics

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

DraftKings & 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.