<?xml version="1.0" encoding="UTF-8"?>
<edgarSubmission xmlns="http://www.sec.gov/edgar/thirteenffiler" xmlns:com="http://www.sec.gov/edgar/common">
  <schemaVersion>X0202</schemaVersion>
  <headerData>
    <submissionType>13F-HR</submissionType>
    <filerInfo>
      <liveTestFlag>LIVE</liveTestFlag>
      <flags>
        <confirmingCopyFlag>false</confirmingCopyFlag>
        <returnCopyFlag>false</returnCopyFlag>
        <overrideInternetFlag>false</overrideInternetFlag>
      </flags>
      <filer>
        <credentials>
          <cik>0001606588</cik>
          <ccc>XXXXXXXX</ccc>
        </credentials>
      </filer>
      <periodOfReport>03-31-2026</periodOfReport>
    </filerInfo>
  </headerData>
  <formData>
    <coverPage>
      <reportCalendarOrQuarter>03-31-2026</reportCalendarOrQuarter>
      <filingManager>
        <name>One Capital Management, LLC</name>
        <address>
          <com:street1>3075 TOWNSGATE ROAD</com:street1>
          <com:street2>SUITE 350</com:street2>
          <com:city>WESTLAKE VILLAGE</com:city>
          <com:stateOrCountry>CA</com:stateOrCountry>
          <com:zipCode>91361</com:zipCode>
        </address>
      </filingManager>
      <reportType>13F COMBINATION REPORT</reportType>
      <form13FFileNumber>028-16178</form13FFileNumber>
      <crdNumber>000114861</crdNumber>
      <secFileNumber>801-60483</secFileNumber>
      <otherManagersInfo>
        <otherManager>
          <cik>0001508822</cik>
          <form13FFileNumber>028-14059</form13FFileNumber>
          <crdNumber>000110933</crdNumber>
          <secFileNumber>801-60694</secFileNumber>
          <name>ACR Alpine Capital Research, LLC</name>
        </otherManager>
        <otherManager>
          <cik>0001477872</cik>
          <form13FFileNumber>028-13757</form13FFileNumber>
          <crdNumber>000110506</crdNumber>
          <secFileNumber>801-57695</secFileNumber>
          <name>Saratoga Research &amp; Investment Management</name>
        </otherManager>
        <otherManager>
          <cik>0001419999</cik>
          <form13FFileNumber>028-13243</form13FFileNumber>
          <crdNumber>000144906</crdNumber>
          <secFileNumber>801-68369</secFileNumber>
          <name>MAR VISTA INVESTMENT PARTNERS LLC</name>
        </otherManager>
        <otherManager>
          <cik>0001050463</cik>
          <form13FFileNumber>028-06620</form13FFileNumber>
          <crdNumber>000106288</crdNumber>
          <secFileNumber>801-48064</secFileNumber>
          <name>MORGAN DEMPSEY CAPITAL MANAGEMENT LLC</name>
        </otherManager>
        <otherManager>
          <cik>0001034524</cik>
          <form13FFileNumber>028-03687</form13FFileNumber>
          <crdNumber>000106093</crdNumber>
          <secFileNumber>801-15180</secFileNumber>
          <name>POLEN CAPITAL MANAGEMENT LLC</name>
        </otherManager>
      </otherManagersInfo>
      <provideInfoForInstruction5>N</provideInfoForInstruction5>
    </coverPage>
    <signatureBlock>
      <name>Curtis Wheeler</name>
      <title>Chief Compliance Officer</title>
      <phone>8054098150</phone>
      <signature>Curtis Wheeler</signature>
      <city>WESTLAKE VILLAGE</city>
      <stateOrCountry>CA</stateOrCountry>
      <signatureDate>05-12-2026</signatureDate>
    </signatureBlock>
    <summaryPage>
      <otherIncludedManagersCount>0</otherIncludedManagersCount>
      <tableEntryTotal>525</tableEntryTotal>
      <tableValueTotal>3647659641</tableValueTotal>
      <isConfidentialOmitted>false</isConfidentialOmitted>
    </summaryPage>
  </formData>
</edgarSubmission>
