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Side-by-side financial comparison of Macy's, Inc. (M) and On Holding AG (ONON), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

Macy's, Inc. is an American holding company of department stores. Upon its establishment in 1929, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene's, and Shillito's. Bloomingdale's joined Federated Department Stores the next year. Throughout its early history, frequent acquisitions and divestitures saw the company operate a number of nameplates. In 1994, Federated took over Macy's, the old department store chain originally founded in 1858 by A...

On Holding AG is a Swiss athletic shoe and performance sportswear company that designs and markets sports clothing and running shoes.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
M
M
ONON
ONON
Q4 25
$4.7B
Q3 25
$4.8B
Q2 25
$4.6B
Q1 25
$7.8B
Q4 24
$4.7B
Q3 24
$4.9B
Q2 24
$4.8B
Q1 24
$8.1B
Net Profit
M
M
ONON
ONON
Q4 25
$11.0M
Q3 25
$87.0M
Q2 25
$38.0M
Q1 25
$342.0M
Q4 24
$28.0M
Q3 24
$150.0M
Q2 24
$62.0M
Q1 24
$-71.0M
Gross Margin
M
M
ONON
ONON
Q4 25
39.4%
Q3 25
39.7%
Q2 25
39.2%
Q1 25
35.7%
Q4 24
39.6%
Q3 24
40.5%
Q2 24
39.2%
Q1 24
37.5%
Operating Margin
M
M
ONON
ONON
Q4 25
0.9%
Q3 25
3.1%
Q2 25
2.0%
Q1 25
6.4%
Q4 24
1.3%
Q3 24
4.5%
Q2 24
2.6%
Q1 24
-0.9%
Net Margin
M
M
ONON
ONON
Q4 25
0.2%
Q3 25
1.8%
Q2 25
0.8%
Q1 25
4.4%
Q4 24
0.6%
Q3 24
3.0%
Q2 24
1.3%
Q1 24
-0.9%
EPS (diluted)
M
M
ONON
ONON
Q4 25
$0.04
Q3 25
$0.31
Q2 25
$0.13
Q1 25
$1.22
Q4 24
$0.10
Q3 24
$0.53
Q2 24
$0.22
Q1 24
$-0.25

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

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