Investment
Features
FeesSafety
Academy
More
Pluang+

Compare MPLX LP (MPLX) vs ON Holding AG (ONON) Price & Performance

ON Holding AGTrade

Price performance (Past 24H)

Key statistics

MPLX LP vs ON Holding AG — how do they compare? MPLX LP trades at $59.68 (market cap $60.77B), while ON Holding AG trades at $31.15 (market cap $10.36B). The key difference: MPLX LP is far larger — about 5.9× ON Holding AG's market cap, and MPLX LP pays a 7.18% dividend while ON Holding AG pays none. Which is the better fit depends on your goals.

MPLXONON
Market Cap
$60.77B$10.36B
Sector
TechnologyTechnology
52-Week High
$60.51$50.63
52-Week Low
$47.80$30.91
Enterprise Value
$85.87B$9.50B
Dividend Yield
7.18%

Aura AI Summary

Signals from Pluang's Aura AI — not financial advice

MPLX LP

MPLX trades at $59.94, up 2.11% today, with a bullish technical signal from moving averages and a consensus analyst price target of $61.50. The company reported strong 2025 results with $11.47B revenue and $4.91B net income, though recent quarterly earnings have missed expectations. A recent $2.25B senior notes offering (PRNewsWire, Aug 10, 2026) supports growth initiatives, while a 7.3% dividend yield attracts income investors.

Outlook remains positive given fee-based revenue stability and growth projects, but risks include execution challenges from higher capital spending and leverage. Analyst sentiment is strongly bullish with no sell ratings, though investors should monitor earnings consistency and debt levels amid volatile energy markets.

ON Holding AG

ONON stock is trading at $31.01, down 20.04% after Q2 2026 results showed a revenue miss and lowered full-year growth guidance. The technical picture is bearish with support near $29, while fundamentals reveal strong profitability margins and earnings beats. Analyst sentiment remains largely positive despite the sell-off, with a consensus price target of $52.86.

The outlook is mixed: robust DTC growth and margin expansion offer upside, but wholesale softness and guidance cuts pose near-term risks. Investors face volatility from consumer spending concerns and competitive pressures, though long-term brand momentum supports a growth-at-a-reasonable-price thesis.

Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

About MPLX LP

MPLX LP is a Master Limited Partnership (MLP) formed by Marathon Petroleum Corporation (MPC). It is a diversified, growth-oriented company primarily engaged in the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs), as well as the transportation, storage, and distribution of crude oil and refined petroleum products. MPLX owns and operates a network of midstream energy infrastructure assets, providing essential services to the energy industry across the United States.

Read more on MPLX

About ON Holding AG

ON Holding AG is a Swiss sports company primarily known for its high-performance running shoes, apparel, and accessories under the 'On' brand. The company emphasizes a blend of high-end design, proprietary cloud technology (like CloudTec cushioning), and sustainability in its products. On has rapidly gained market share globally, appealing to both competitive athletes and general consumers in the performance and lifestyle footwear segments.

Read more on ONON