Olin Corp. (OLN) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 31, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the OLN SEC filings page.
Olin Corp. (OLN) reported $6.7B in revenue over the twelve months to Jun 30, 2026, up 0.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Olin’s earnings have nearly disappeared while cash generation remains positive, leaving a shrinking cushion and steadily heavier leverage.
Operating margin fell from20.8% in FY2021 to0.1% in FY2025, a collapse in earnings power that did not eliminate cash generation. That mismatch—near-zero operating profit alongside positive operating cash flow and$248M of free cash flow—means non-cash charges are supporting cash more than current profitability does.
Gross margin collapsed from
Debt-to-equity climbed from 1.0x in FY2022 to 1.5x in FY2025 as equity contracted, leaving the company more reliant on creditors while earnings weakened. Capital spending of
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Olin Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Olin Corp. has an operating margin of 0.1%, meaning the company retains less than $1 of operating profit per $100 of revenue. This results in a moderate score of 45/100, indicating healthy but not exceptional operating efficiency. This is down from 4.5% the prior year.
Olin Corp.'s revenue grew a modest 3.7% year-over-year to $6.8B. This slow but positive growth earns a score of 29/100.
Olin Corp. has elevated debt relative to equity (D/E of 1.48), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 12/100, reflecting increased financial risk.
Olin Corp.'s current ratio of 1.21 is below the typical benchmark, resulting in a score of 29/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Olin Corp. has a free cash flow margin of 3.7%, earning a moderate score of 47/100. The company generates positive cash flow after capital investments, but with room for improvement.
Olin Corp. posts a -5.5% return on equity (ROE), meaning it loses $6 for every $100 of shareholders' equity. This results in a returns score of 43/100. This is down from 5.2% the prior year.
Olin Corp. scores 1.59, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Olin Corp. passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Olin Corp. reported a net loss of $101.1M while generating $474.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Olin Corp. earns $0.03 in operating income for every $1 of interest expense ($5.3M vs $188.3M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Olin Corp. generated $1.7B in revenue in Q2 2026. This represents a decrease of 0.9% from the same quarter a year earlier. Against the prior quarter it is up 10.0%.
Olin Corp.'s EBITDA was $168.6M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 2.1% from the same quarter a year earlier. Against the prior quarter it is up 333.4%.
Olin Corp. reported -$13.3M in net income in Q2 2026. This represents a decrease of 375.0% from the same quarter a year earlier. Against the prior quarter it is up 84.0%.
Olin Corp. earned -$0.12 per diluted share (EPS) in Q2 2026. Against the prior quarter it is up 83.6%.
Cash & Balance Sheet
Olin Corp. recorded an outflow of $21.1M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 111.6% from the same quarter a year earlier. Against the prior quarter it is up 77.1%.
Olin Corp. held $177.4M in cash against $3.0B in long-term debt as of Q2 2026.
Olin Corp. paid $0.20 per share in dividends in Q2 2026. It is unchanged from the prior quarter.
Margins & Returns
Olin Corp.'s gross margin was 9.8% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 1.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.0 percentage points.
Olin Corp.'s operating margin was 2.7% in Q2 2026, reflecting core business profitability. This is up 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.6 percentage points.
Olin Corp.'s net profit margin was -0.8% in Q2 2026, showing the share of revenue converted to profit. This is down 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.5 percentage points.
Olin Corp.'s ROE was -0.8% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.0 percentage points.
Capital Allocation
Olin Corp. repurchased no shares in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier.
Olin Corp. invested $29.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 6.5% from the same quarter a year earlier. Against the prior quarter it is down 33.6%.
Not reported for Q2 2026.
OLN Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.7B-0.9% | $1.6B-3.7% | $1.7B-0.4% | $1.7B+7.8% | $1.8B+7.0% | $1.6B+0.5% | $1.7B+3.5% | $1.6B-4.9% |
| Cost of Revenue | $1.6B-3.0% | $1.5B+0.8% | $1.6B+8.0% | $1.5B+5.1% | $1.6B+15.2% | $1.5B+4.7% | $1.5B+5.8% | $1.5B+3.8% |
| Gross Profit | $170.2M+23.2% | $75.8M-49.0% | $31.3M-80.2% | $183.4M+36.4% | $138.1M-41.9% | $148.7M-28.3% | $157.9M-14.0% | $134.5M-50.0% |
| SG&A Expenses | $102.7M+7.9% | $145.0M+43.6% | $169.0M+68.5% | $98.1M-12.2% | $95.2M+0.6% | $101.0M-0.9% | $100.3M-2.4% | $111.7M+22.9% |
| Operating Income | $46.5M+31.7% | -$78.3M-279.2% | -$156.5M-430.9% | $82.8M+434.2% | $35.3M-74.1% | $43.7M-55.1% | $47.3M-52.2% | $15.5M-90.7% |
| EBITDA | $168.6M+2.1% | $38.9M-77.9% | -$30.8M-117.5% | $216.6M+48.7% | $165.2M-37.8% | $175.9M-22.5% | $176.5M-22.4% | $145.7M-50.9% |
| Interest Expense | $44.3M-2.9% | $43.2M-10.9% | $47.4M+5.6% | $46.8M-3.3% | $45.6M-2.1% | $48.5M+8.7% | $44.9M-4.9% | $48.4M+4.8% |
| Income Tax | $17.1M+527.5% | -$35.3M-4022.2% | -$54.7M-54600.0% | -$2.2M | -$4.0M-116.5% | $900K-92.8% | -$100K-100.9% | $0-100.0% |
| Net Income | -$13.3M-375.0% | -$83.0M-7016.7% | -$143.2M-1517.8% | $43.7M+273.4% | -$2.8M-103.9% | $1.2M-97.5% | $10.1M-79.3% | -$25.2M-124.1% |
| EPS (Basic) | -$0.12-1100.0% | -$0.73-7400.0% | -$1.25-1488.9% | $0.37+276.2% | -$0.01-101.6% | $0.01-97.6% | $0.09-80.9% | -$0.21-125.0% |
| EPS (Diluted) | -$0.12 | -$0.73-7400.0% | -$1.25-1350.0% | $0.37+276.2% | -$0.01 | $0.01-97.5% | $0.10-77.8% | -$0.21-125.6% |
| Diluted Shares (Avg) | 114M | 114M-2.4% | N/A | 115M-1.5% | 115M | 117M-4.3% | N/A | 117M-8.0% |
Not reported in any period shown, so not listed: R&D Expenses.
OLN Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $7.4B-3.0% | $7.4B-3.9% | $7.3B-3.3% | $7.6B+1.1% | $7.7B+0.1% | $7.7B+0.6% | $7.6B-1.7% | $7.5B-3.8% |
| Current Assets | $2.2B-4.3% | $2.1B-6.9% | $2.0B-5.2% | $2.3B+13.1% | $2.3B+11.1% | $2.3B+15.3% | $2.1B+5.4% | $2.0B-4.7% |
| Cash & Equivalents | $177.4M-20.7% | $192.2M+10.5% | $167.6M-4.6% | $140.3M-37.9% | $223.8M+22.9% | $174.0M+15.3% | $175.6M+3.1% | $225.9M+42.7% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $847.2M-7.8% | $827.2M-5.5% | $784.5M-4.7% | $966.9M+16.8% | $919.1M+5.3% | $875.2M+6.2% | $823.5M-4.1% | $827.7M-15.3% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $1.4B+0.2% | $1.4B+0.3% | $1.4B+0.3% | $1.4B+0.2% | $1.4B+0.1% | $1.4B0.0% | $1.4B0.0% | $1.4B+0.2% |
| Total Liabilities | $5.7B+0.9% | $5.6B0.0% | $5.5B-1.2% | $5.6B+3.3% | $5.7B+3.4% | $5.6B+3.9% | $5.5B+1.4% | $5.4B-0.3% |
| Current Liabilities | $1.5B-0.2% | $1.5B+7.3% | $1.6B-0.2% | $1.5B+1.6% | $1.5B+7.4% | $1.4B+1.6% | $1.6B+6.8% | $1.4B+2.3% |
| Non-Current Liabilities | $4.2B+1.2% | $4.1B-2.5% | $3.8B-1.7% | $4.2B+3.9% | $4.1B+2.0% | $4.2B+4.8% | $3.9B-0.6% | $4.0B-1.3% |
| Long-Term Debt | $3.0B+1.7% | $3.0B-0.7% | $2.7B+0.2% | $3.0B+7.5% | $3.0B+6.8% | $3.0B+12.4% | $2.7B+4.7% | $2.8B+2.0% |
| Total Equity | $1.7B-12.6% | $1.7B-13.5% | $1.8B-9.1% | $2.0B-4.6% | $2.0B-8.4% | $2.0B-7.6% | $2.0B-9.4% | $2.1B-11.6% |
| Retained Earnings | $2.0B-12.9% | $2.0B-12.4% | $2.1B-9.2% | $2.3B-4.0% | $2.3B-8.0% | $2.3B-8.7% | $2.4B-8.8% | $2.4B-5.8% |
Not reported in any period shown, so not listed: Accounts Receivable.
OLN Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $7.9M-96.3% | -$48.6M+43.5% | $321.2M+126.7% | $26.7M-85.9% | $212.3M+134.3% | -$86.0M-206.2% | $141.7M-66.0% | $189.9M-11.6% |
| Depreciation & Amortization | $122.1M-6.0% | $117.2M-11.3% | $125.7M-2.7% | $133.8M+2.8% | $129.9M+0.7% | $132.2M+1.9% | $129.2M+0.5% | $130.2M-0.6% |
| Stock-Based Compensation | $9.7M+5.4% | $4.7M+17.5% | N/A | $6.3M0.0% | $9.2M+70.4% | $4.0M-9.1% | N/A | $6.3M-6.0% |
| Capital Expenditures | $29.0M-6.5% | $43.7M-28.8% | $62.8M+23.1% | $71.1M+64.2% | $31.0M-45.1% | $61.4M+38.6% | $51.0M-19.0% | $43.3M-2.0% |
| Free Cash Flow | -$21.1M-111.6% | -$92.3M+37.4% | $258.4M+184.9% | -$44.4M-130.3% | $181.3M+431.7% | -$147.4M-501.6% | $90.7M-74.3% | $146.6M-14.0% |
| Investing Cash Flow | -$32.6M+63.7% | -$43.0M+31.1% | -$94.0M-22.6% | -$73.3M-29.5% | -$89.9M-18.8% | -$62.4M+16.5% | -$76.7M+47.8% | -$56.6M+10.7% |
| Financing Cash Flow | $10.1M+113.8% | $116.2M-20.7% | -$199.7M-75.6% | -$36.7M+59.2% | -$73.2M-546.3% | $146.6M+679.4% | -$113.7M+56.0% | -$90.0M+41.4% |
| Dividends Paid | $22.8M-0.9% | $22.8M-0.9% | $22.8M-2.1% | $22.8M-2.1% | $23.0M-3.0% | $23.0M-3.8% | $23.3M-4.5% | $23.3M-6.0% |
| Share Buybacks | $0-100.0% | $0-100.0% | $10.1M-76.8% | $10.1M-77.8% | $10.1M-90.5% | $20.2M-80.8% | $43.5M-62.6% | $45.4M-77.5% |
OLN Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 9.8%+1.9pp | 4.8%-4.3pp | 1.9%-7.6pp | 10.7%+2.3pp | 7.8%-6.6pp | 9.0%-3.6pp | 9.4%-1.9pp | 8.5%-7.6pp |
| Operating Margin | 2.7%+0.7pp | -5.0%-7.6pp | -9.4%-12.2pp | 4.8%+3.9pp | 2.0%-6.3pp | 2.7%-3.3pp | 2.8%-3.3pp | 1.0%-8.9pp |
| Net Margin | -0.8%-0.6pp | -5.2%-5.3pp | -8.6%-9.2pp | 2.5%+4.1pp | -0.2%-4.6pp | 0.1%-2.9pp | 0.6%-2.4pp | -1.6%-7.8pp |
| Return on Equity | -0.8%-0.6pp | -4.8%-4.9pp | -7.8%-8.3pp | 2.2%+3.5pp | -0.1%-3.5pp | 0.1%-2.1pp | 0.5%-1.7pp | -1.2%-5.7pp |
| Return on Assets | -0.2%-0.1pp | -1.1%-1.1pp | -1.9%-2.1pp | 0.6%+0.9pp | 0.0%-1.0pp | 0.0%-0.6pp | 0.1%-0.5pp | -0.3%-1.7pp |
| Current Ratio | 1.42-0.1x | 1.36-0.2x | 1.21-0.1x | 1.56+0.2x | 1.480.0x | 1.56+0.2x | 1.270.0x | 1.40-0.1x |
| Debt-to-Equity | 1.77+0.2x | 1.73+0.2x | 1.48+0.1x | 1.52+0.2x | 1.52+0.2x | 1.50+0.3x | 1.34+0.2x | 1.34+0.2x |
| Asset Turnover | 0.230.0x | 0.220.0x | 0.230.0x | 0.230.0x | 0.230.0x | 0.210.0x | 0.220.0x | 0.210.0x |
| FCF Margin | -1.2%-11.5pp | -5.8%+3.1pp | 15.5%+10.1pp | -2.6%-11.8pp | 10.3%+8.2pp | -9.0%-11.2pp | 5.4%-16.5pp | 9.2%-1.0pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Olin Corp. OLN | FY2025 | $6.8B | -$101.1M | -1.5% | $1.8B | 34/100 |
| Methanex Corp MEOH | FY2025 | $3.6B | $144.8M | 4.0% | $4.7B | 41/100 |
| Celanese Corporation CE | FY2025 | $9.5B | -$1.2B | -12.2% | $4.9B | 32/100 |
| Huntsman Corporation HUN | FY2025 | $5.7B | -$284.0M | -5.0% | $1.5B | 25/100 |
| TRONOX LIMITED CL A TROX | FY2025 | $2.9B | -$470.0M | -16.2% | $618.0M | 30/100 |
Where Olin Corp. Ranks
Frequently Asked Questions
What is Olin Corp.'s annual revenue?
Olin Corp. (OLN) reported $6.8B in total revenue for fiscal year 2025. This represents a 3.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Olin Corp.'s revenue growing?
Olin Corp. (OLN) revenue grew by 3.7% year-over-year, from $6.5B to $6.8B in fiscal year 2025.
Is Olin Corp. profitable?
No, Olin Corp. (OLN) reported a net income of -$101.1M in fiscal year 2025, with a net profit margin of -1.5%.
What is Olin Corp.'s EBITDA?
Olin Corp. (OLN) had EBITDA of $526.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Olin Corp. have?
As of fiscal year 2025, Olin Corp. (OLN) had $167.6M in cash and equivalents against $2.7B in long-term debt.
What is Olin Corp.'s gross margin?
Olin Corp. (OLN) had a gross margin of 7.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Olin Corp.'s operating margin?
Olin Corp. (OLN) had an operating margin of 0.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Olin Corp.'s net profit margin?
Olin Corp. (OLN) had a net profit margin of -1.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Olin Corp.'s return on equity (ROE)?
Olin Corp. (OLN) has a return on equity of -5.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Olin Corp.'s free cash flow?
Olin Corp. (OLN) generated $247.9M in free cash flow during fiscal year 2025. This represents a -19.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Olin Corp.'s operating cash flow?
Olin Corp. (OLN) generated $474.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Olin Corp.'s total assets?
Olin Corp. (OLN) had $7.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Olin Corp.'s capital expenditures?
Olin Corp. (OLN) invested $226.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Olin Corp.'s current ratio?
Olin Corp. (OLN) had a current ratio of 1.21 as of fiscal year 2025, which is considered adequate.
What is Olin Corp.'s debt-to-equity ratio?
Olin Corp. (OLN) had a debt-to-equity ratio of 1.48 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Olin Corp.'s return on assets (ROA)?
Olin Corp. (OLN) had a return on assets of -1.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Olin Corp.'s P/E ratio?
Olin Corp. (OLN) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $1.8B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Olin Corp.'s price-to-sales ratio?
Olin Corp. (OLN) trades at 0.3x sales, its market capitalization divided by revenue of $6.7B revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.8B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Olin Corp.'s Altman Z-Score?
Olin Corp. (OLN) has an Altman Z-Score of 1.59, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Olin Corp.'s Piotroski F-Score?
Olin Corp. (OLN) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Olin Corp.'s earnings high quality?
Olin Corp. (OLN) reported a net loss of $101.1M while generating $474.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Olin Corp. cover its interest payments?
Olin Corp. (OLN) has an interest coverage ratio of 0.03x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Olin Corp.?
Olin Corp. (OLN) scores 34 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.