Orion Office REIT Inc vs ON Holding AG — how do they compare? Orion Office REIT Inc trades at $2.17 (market cap $125.50M), while ON Holding AG trades at $35.09 (market cap $11.38B). The key difference: ON Holding AG is far larger — about 90.7× Orion Office REIT Inc's market cap, and Orion Office REIT Inc pays a 3.64% dividend while ON Holding AG pays none. Which is the better fit depends on your goals — on Pluang, investors hold Orion Office REIT Inc for 33 Days and ON Holding AG for 22 Days on average.
| ONL | ONON | |
|---|---|---|
Market Cap | $125.50M | $11.38B |
Volume | 303,276 | 13,732,872 |
Sector | Real Estate | Consumer Cyclical |
52-Week High | $3.00 | $50.63 |
52-Week Low | $1.93 | $26.76 |
Typical Hold Time | 33 Days | 22 Days |
Enterprise Value | $542.43M | $10.54B |
Dividend Yield | 3.64% | — |
Signals from Pluang's Aura AI — not financial advice
Orion Office REIT (ONL) trades at $2.20, down 3.08% today, reflecting ongoing challenges in the office REIT sector. The stock shows a mixed technical picture with bearish moving averages but bullish oscillators. Fundamentally, the company faces significant headwinds with declining revenue from $208M in 2022 to $148M in 2025 and persistent net losses, though Q2 2026 showed a surprising EPS beat. Analyst sentiment is evenly split between Buy and Hold ratings.
ONL presents a high-risk opportunity with deep value characteristics. The stock trades at discounted valuation multiples (P/S 0.88, P/B 0.2) but faces substantial operational challenges including negative margins and declining revenue. The upcoming $0.02 dividend provides some income appeal, but investors must weigh the company's strategic repositioning efforts against ongoing office sector headwinds and financial losses.
ONON trades at $34.04, up 2.47% today, with strong bullish technical signals from moving averages and recent positive earnings momentum. The company reported Q2 2026 EPS of $0.44, beating expectations of $0.42, continuing a pattern of quarterly beats. Fundamental strength is evident with 64.82% gross margins and 23.95% ROE, while analyst consensus remains strongly bullish with a $42.26 price target representing 24% upside potential.
The outlook remains positive given strong DTC growth, premium store expansion, and a newly announced $1 billion buyback program through 2029. Key risks include competitive pressures in footwear and potential margin compression from expansion costs. The stock appears reasonably valued at 24x P/E given its growth trajectory and profitability metrics.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
Orion Office REIT Inc is a internally-managed REIT engaged in the ownership, acquisition, and management of a diversified portfolio of mission-critical and headquarters office buildings located in high quality suburban markets across the U.S. and leased primarily on a single-tenant net lease basis to creditworthy clients.
Read more on ONL →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 →