What is Orion Group Holdings, Inc's earnings per share (EPS)?

Orion Group Holdings, Inc (ORN) reported diluted earnings per share of $0.06 for fiscal year 2025. This represents a 220.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Orion Group Holdings, Inc (ORN) Financials

ORN

Trailing 12 months to March 31, 2026

Revenue $879.9M +6.7% YoY

Net Income $8.6M +186.4% YoY

EPS (Diluted) $0.21 +162.5% YoY

Free Cash Flow -$2.0M -118.3% YoY

Market Cap $350.7M as of Oct 21, 2026

Price / Sales 0.4x on $879.9M revenue, trailing 12 months to March 31, 2026

Price / Earnings 40.8x on $8.6M net income, trailing 12 months to March 31, 2026

Price / Book 2.1x on $166.7M equity, Q1 FY2026

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 21, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2026, ended Mar 31, 2026 Reported Apr 29, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q1 FY2026, filed Apr 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ORN SEC filings page.

Orion Group Holdings, Inc (ORN) reported $879.9M in revenue over the twelve months to Mar 31, 2026, up 6.7% 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).

Rhea AI ORN FY2025 2026-10-03

The business has crossed into operating profitability, but cash conversion remains investment-dependent as heavy capital spending absorbs operating cash.

From FY2023 to FY2025, gross margin expanded from 8.7% to 12.4% while operating margin moved from -0.9% to 1.7%, indicating that improved gross economics finally covered overhead rather than growth alone doing the work. In FY2025, operating cash flow of $28.1M far exceeded net income of $2.5M, yet free cash flow was negative -$10.8M because capital expenditures reached $38.9M: earnings converted to cash, but reinvestment consumed it.

Liabilities fell from $295.4M in FY2023 to $255.6M in FY2025, reducing the balance sheet’s financing burden. Debt-to-equity declined from 0.2x to 0.0x while the current ratio was 1.4x, pointing to lower debt dependence without losing basic short-term coverage.

The 2025 capex surge to $38.9M was nearly three times FY2024’s $14.1M. Free cash flow consequently shifted from negative -$1.4M to negative -$10.8M despite higher operating cash flow, making cash available after reinvestment much weaker than the income statement suggests.

Financial Health Signals

Financial Health Score 44/100

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 Orion Group Holdings, Inc'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.

Profitability

Orion Group Holdings, Inc has an operating margin of 1.7%, meaning the company retains $2 of operating profit per $100 of revenue. This results in a moderate score of 31/100, indicating healthy but not exceptional operating efficiency. This is up from 1.5% the prior year.

Growth

Orion Group Holdings, Inc's revenue grew 7.0% year-over-year to $852.3M, a solid pace of expansion. This earns a growth score of 64/100.

Leverage

Orion Group Holdings, Inc carries a low D/E ratio of 0.04, meaning only $0.04 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 77/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Orion Group Holdings, Inc's current ratio of 1.36 indicates adequate short-term liquidity, earning a score of 36/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

While Orion Group Holdings, Inc generated $28.1M in operating cash flow, capex of $38.9M consumed most of it, leaving -$10.8M in free cash flow. This results in a low score of 24/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Orion Group Holdings, Inc's ROE of 1.6% shows moderate profitability relative to equity, earning a score of 32/100. This is up from -1.1% the prior year.

Altman Z-Score Safe

3.00

Orion Group Holdings, Inc scores 3.00, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Strong

7/9

Orion Group Holdings, Inc passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

11.28x

For every $1 of reported earnings, Orion Group Holdings, Inc generates $11.28 in operating cash flow ($28.1M OCF vs $2.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk

1.65x

Orion Group Holdings, Inc earns $1.65 in operating income for every $1 of interest expense ($14.6M vs $8.9M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$216.3M

YoY+14.7%

QoQ-7.3%

5Y CAGR+7.1%

Orion Group Holdings, Inc generated $216.3M in revenue in Q1 2026. This represents an increase of 14.7% from the same quarter a year earlier. Against the prior quarter it is down 7.3%.

EBITDA

$3.6M

YoY-10.5%

QoQ-58.6%

5Y CAGR-14.3%

10Y CAGR-7.8%

Orion Group Holdings, Inc's EBITDA was $3.6M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 10.5% from the same quarter a year earlier. Against the prior quarter it is down 58.6%.

Net Income

$4.7M

YoY+431.5%

QoQ+2052.9%

5Y CAGR+38.3%

Orion Group Holdings, Inc reported $4.7M in net income in Q1 2026. This represents an increase of 431.5% from the same quarter a year earlier. Against the prior quarter it is up 2052.9%.

EPS (Diluted)

$0.12

YoY+400.0%

5Y CAGR+32.0%

Orion Group Holdings, Inc earned $0.12 per diluted share (EPS) in Q1 2026. This represents an increase of 400.0% from the same quarter a year earlier.

Cash & Balance Sheet

Free Cash Flow

-$3.6M

YoY+70.7%

QoQ-904.0%

Orion Group Holdings, Inc recorded an outflow of $3.6M in free cash flow in Q1 2026, representing a cash shortfall after capex. This represents an increase of 70.7% from the same quarter a year earlier. Against the prior quarter it is down 904.0%.

Cash & Debt

$6.3M

YoY-51.7%

QoQ+293.8%

5Y CAGR+6.1%

10Y CAGR+14.8%

Orion Group Holdings, Inc held $6.3M in cash against $66.3M in long-term debt as of Q1 2026.

Shares Outstanding

40M

YoY+2.3%

5Y CAGR+5.9%

10Y CAGR+4.0%

Orion Group Holdings, Inc had 40M shares outstanding in Q1 2026. This represents an increase of 2.3% from the same quarter a year earlier.

Dividends Per Share

Not reported for Q1 2026.

Margins & Returns

Gross Margin

12.0%

YoY-0.2pp

QoQ+0.4pp

5Y change+1.9pp

Orion Group Holdings, Inc's gross margin was 12.0% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is down 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.4 percentage points.

Operating Margin

-0.4%

YoY-0.8pp

QoQ-2.5pp

5Y change-1.7pp

Orion Group Holdings, Inc's operating margin was -0.4% in Q1 2026, reflecting core business profitability. This is down 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.5 percentage points.

Net Margin

2.2%

YoY+2.9pp

QoQ+2.3pp

5Y change+1.6pp

Orion Group Holdings, Inc's net profit margin was 2.2% in Q1 2026, showing the share of revenue converted to profit. This is up 2.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.3 percentage points.

Return on Equity

2.8%

YoY+3.8pp

QoQ+3.0pp

5Y change+2.2pp

10Y change+3.3pp

Orion Group Holdings, Inc's ROE was 2.8% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is up 3.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.0 percentage points.

Capital Allocation

Capital Expenditures

$8.6M

YoY-5.1%

QoQ-35.8%

5Y CAGR+39.6%

10Y CAGR+1.7%

Orion Group Holdings, Inc invested $8.6M in capex in Q1 2026, funding long-term assets and infrastructure. This represents a decrease of 5.1% from the same quarter a year earlier. Against the prior quarter it is down 35.8%.

R&D Spending

Not reported for Q1 2026.

Share Buybacks

Not reported for Q1 2026.

ORN 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.

ORN quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$879.9M	$852.3M+7.0%	$796.4M+11.9%	$711.8M-4.9%	$748.3M+24.4%	$601.4M-15.3%	$709.9M+0.2%	$708.4M+36.0%	$520.9M-10.0%	$578.6M	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	$771.4M	$746.6M+5.9%	$705.2M+8.5%	$650.1M-6.8%	$697.6M+24.5%	$560.4M-10.4%	$625.2M-3.0%	$644.3M+27.8%	$504.1M-2.4%	$516.3M	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$108.5M	$105.6M+15.9%	$91.2M+47.8%	$61.7M+21.5%	$50.7M+23.9%	$41.0M-51.6%	$84.7M+32.3%	$64.0M+281.7%	$16.8M-73.0%	$62.2M-7.8%	$67.5M+67.9%	$40.2M-9.9%	$44.6M+39.3%	$32.0M+122.7%	$14.4M+40.4%	$10.2M
SG&A Expenses	$97.2M	$93.5M+13.2%	$82.5M+18.9%	$69.4M+11.1%	$62.5M+3.9%	$60.2M-7.5%	$65.1M+6.7%	$61.0M+14.7%	$53.2M-6.1%	$56.6M-12.8%	$65.0M+36.2%	$47.7M+37.5%	$34.7M+8.0%	$32.1M+12.4%	$28.6M-3.2%	$29.5M
Operating Income	$13.0M	$14.6M+26.8%	$11.5M+273.8%	-$6.6M+17.4%	-$8.0M+13.8%	-$9.3M-135.0%	$26.6M+1112.3%	$2.2M+102.2%	-$100.5M-6637.1%	$1.5M-62.2%	$4.1M+150.9%	-$8.0M-177.9%	$10.3M+9781.1%	-$106K+99.3%	-$14.2M+26.3%	-$19.3M
EBITDA	N/A	$28.3M+4.5%	$27.1M+121.6%	$12.2M-5.2%	$12.9M-3.1%	$13.3M-73.7%	$50.5M+78.4%	$28.3M+141.2%	-$68.7M-321.5%	$31.0M-18.8%	$38.2M+90.4%	$20.1M-40.4%	$33.7M+57.3%	$21.4M+190.9%	$7.4M+162.1%	$2.8M
Interest Expense	$8.1M	$8.9M-33.8%	$13.4M+14.8%	$11.7M+161.6%	$4.5M-12.2%	$5.1M+3.2%	$4.9M-27.7%	$6.8M-14.3%	$7.9M+38.6%	$5.7M-7.2%	$6.2M+96.2%	$3.1M+353.6%	$694K+32.2%	$525K-29.3%	$743K+112.9%	$349K
Income Tax	-$6.6M	$419K+20.4%	$348K+5.5%	$330K-23.1%	$429K-14.5%	$502K-74.6%	$2.0M+5.8%	$1.9M+115.3%	-$12.2M-169.4%	-$4.5M-387.2%	$1.6M+162.8%	-$2.5M-179.3%	$3.2M+438.8%	-$937K+79.8%	-$4.6M+26.9%	-$6.3M
Net Income	$8.6M	$2.5M+251.3%	-$1.6M+90.8%	-$17.9M-41.7%	-$12.6M+13.4%	-$14.6M-172.0%	$20.2M+477.3%	-$5.4M+94.3%	-$94.4M-23705.5%	$400K+111.0%	-$3.6M+55.1%	-$8.1M-217.2%	$6.9M+1977.6%	$331K+102.8%	-$11.9M+9.5%	-$13.1M
EPS (Basic)	N/A	$0.06+220.0%	-$0.05+90.9%	-$0.55-37.5%	-$0.40+14.9%	-$0.47-170.1%	$0.67+472.2%	-$0.18+94.6%	-$3.31-33200.0%	$0.01+107.7%	-$0.13+55.2%	-$0.29-216.0%	$0.25+2400.0%	$0.01+102.3%	-$0.44+10.2%	-$0.49
EPS (Diluted)	$0.21	$0.06+220.0%	-$0.05+90.9%	-$0.55-37.5%	-$0.40+14.9%	-$0.47-170.1%	$0.67+472.2%	-$0.18+94.6%	-$3.31-33200.0%	$0.01+107.7%	-$0.13+55.2%	-$0.29-216.0%	$0.25+2400.0%	$0.01+102.3%	-$0.44+10.2%	-$0.49
Diluted Shares (Avg)	N/A	40M+14.0%	35M+7.5%	32M+3.0%	31M+2.1%	31M+2.1%	30M+2.7%	29M+2.8%	29M+0.6%	28M+3.0%	28M+0.6%	27M-1.5%	28M+0.6%	28M+1.7%	27M+0.6%	27M

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Revenue	$216.3M+14.7%	$233.2M+7.5%	$225.1M-0.7%	$205.3M+6.8%	$188.7M+17.4%	$216.9M+7.6%	$226.7M+34.5%	$192.2M+5.3%
Cost of Revenue	$190.4M+15.0%	$206.2M+10.5%	$195.3M-2.1%	$179.5M+3.2%	$165.6M+14.1%	$186.6M+4.5%	$199.6M+33.6%	$173.9M+3.0%
Gross Profit	$25.9M+12.4%	$27.1M-10.7%	$29.8M+9.9%	$25.8M+41.1%	$23.0M+48.1%	$30.3M+31.8%	$27.1M+41.9%	$18.3M+32.6%
SG&A Expenses	$26.3M+16.7%	$23.1M+7.1%	$25.1M+20.2%	$22.8M+7.8%	$22.5M+18.7%	$21.6M+25.6%	$20.8M+21.7%	$21.1M+16.6%
Operating Income	-$795K-195.4%	$5.0M-47.8%	$5.3M-31.6%	$3.4M+224.0%	$833K+126.7%	$9.6M+1740.9%	$7.8M+203.8%	-$2.8M-235.8%
EBITDA	$3.6M-10.5%	$8.7M-8.6%	$9.1M-31.8%	$6.5M+105.1%	$4.0M+269.7%	$9.5M+344.8%	$13.3M+53.9%	$3.2M-56.7%
Interest Expense	$1.5M-34.4%	$1.5M-51.1%	$2.1M-41.4%	$2.9M-12.7%	$2.3M-30.8%	$3.0M-23.6%	$3.6M+5.9%	$3.3M+27.3%
Income Tax	-$6.9M-4994.3%	$174K+17300.0%	$317K+286.6%	-$212K-134.4%	$140K+139.8%	$1K+100.7%	$82K+166.7%	$617K+1569.0%
Net Income	$4.7M+431.5%	-$240K-103.6%	$3.3M-22.5%	$841K+112.7%	-$1.4M+76.7%	$6.8M+254.7%	$4.3M+745.8%	-$6.6M-2489.4%
EPS (Basic)	$0.12+400.0%	-$0.01-105.0%	$0.08-33.3%	$0.02+110.0%	-$0.04+78.9%	$0.20+253.8%	$0.12+700.0%	-$0.20-1900.0%
EPS (Diluted)	$0.12+400.0%	-$0.01-105.0%	$0.08-33.3%	$0.02+110.0%	-$0.04+78.9%	$0.20+253.8%	$0.12+700.0%	-$0.20-1900.0%
Diluted Shares (Avg)	40M+2.8%	N/A	40M+15.3%	40M+20.2%	39M+20.0%	N/A	35M+6.6%	33M+2.5%

Not reported in any period shown, so not listed: R&D Expenses.

ORN Balance Sheet

ORN quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$414.7M-0.6%	$417.3M+0.1%	$416.9M+13.5%	$367.2M+4.4%	$351.8M-15.1%	$414.2M+4.9%	$394.8M+26.2%	$312.9M-27.8%	$433.3M-3.2%	$447.7M-3.0%	$461.5M+31.0%	$352.3M+15.1%	$306.2M-3.2%	$316.3M+11.7%	$283.1M
Current Assets	$278.2M+3.3%	$269.3M-0.9%	$271.8M+23.4%	$220.3M+11.3%	$197.9M-15.9%	$235.4M+11.1%	$212.0M+54.7%	$137.1M-28.5%	$191.8M-1.7%	$195.1M+1.0%	$193.1M+27.8%	$151.1M+20.6%	$125.3M-2.6%	$128.7M+24.7%	$103.2M
Cash & Equivalents	$1.6M-94.4%	$28.3M-8.5%	$30.9M+717.6%	$3.8M-69.2%	$12.3M+673.6%	$1.6M+1141.4%	$128K-98.5%	$8.7M-4.4%	$9.1M+2879.0%	$305K-77.3%	$1.3M-96.5%	$38.9M-4.8%	$40.9M-5.2%	$43.1M+10.5%	$39.0M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$2.4M+23.2%	$2.0M-26.9%	$2.7M-5.7%	$2.9M+100.4%	$1.4M-7.8%	$1.5M+39.0%	$1.1M+5.5%	$1.1M-75.9%	$4.4M-18.7%	$5.4M+10.8%	$4.9M-25.0%	$6.5M+84.3%	$3.5M-19.2%	$4.4M+29.5%	$3.4M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$69.5M+4.7%	$66.4M+0.6%	$66.0M0.0%	$66.0M+95.2%	$33.8M0.0%	$33.8M+5.1%	$32.2M
Total Liabilities	$255.6M-4.1%	$266.6M-9.7%	$295.4M+28.8%	$229.4M+12.6%	$203.7M-20.0%	$254.7M-0.8%	$256.8M+49.9%	$171.3M-15.2%	$202.0M-8.8%	$221.5M-5.3%	$233.7M+102.2%	$115.6M+47.4%	$78.4M-14.6%	$91.8M+85.6%	$49.5M
Current Liabilities	$203.9M+6.7%	$191.2M-11.5%	$215.9M+14.1%	$189.2M+17.0%	$161.7M-10.5%	$180.6M+20.6%	$149.8M+73.5%	$86.3M-29.3%	$122.0M+3.8%	$117.5M-0.3%	$117.8M+30.0%	$90.6M+51.5%	$59.8M-17.9%	$72.9M+166.4%	$27.4M
Non-Current Liabilities	$51.7M-31.5%	$75.5M-5.1%	$79.5M+98.2%	$40.1M-4.3%	$41.9M-43.4%	$74.1M-30.8%	$107.1M+26.0%	$85.0M+6.2%	$80.0M-23.0%	$104.0M-10.3%	$115.9M+364.4%	$25.0M+34.2%	$18.6M-1.6%	$18.9M-14.5%	$22.1M
Long-Term Debt	$6.1M-73.3%	$22.8M-4.2%	$23.7M+3215.6%	$716K+176.4%	$259K-99.1%	$29.5M-56.6%	$68.0M-10.6%	$76.1M+20.5%	$63.2M-23.0%	$82.1M-13.2%	$94.6M+2618.5%	$3.5M	$0	$0	$0
Total Equity	$159.0M+5.5%	$150.7M+24.0%	$121.5M-11.8%	$137.8M-7.0%	$148.1M-7.1%	$159.5M+15.6%	$138.0M-2.5%	$141.6M-38.8%	$231.3M+2.2%	$226.2M-0.7%	$227.7M-3.8%	$236.7M+3.9%	$227.8M+1.5%	$224.5M-3.9%	$233.6M
Retained Earnings	-$61.2M+3.9%	-$63.7M-2.6%	-$62.0M-40.5%	-$44.2M-40.0%	-$31.6M-85.6%	-$17.0M+54.3%	-$37.2M-16.8%	-$31.9M-150.7%	$62.8M+1.8%	$61.8M-5.5%	$65.4M-11.0%	$73.4M+10.3%	$66.6M+0.5%	$66.2M-15.9%	$78.8M

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Total Assets	$478.7M+15.5%	$414.7M-0.6%	$422.4M-1.8%	$432.7M+4.5%	$414.7M+14.0%	$417.3M+0.1%	$430.3M+13.2%	$414.0M+12.1%
Current Assets	$261.4M-2.1%	$278.2M+3.3%	$269.7M-4.0%	$280.0M+7.1%	$267.0M+22.8%	$269.3M-0.9%	$281.0M+23.0%	$261.5M+15.4%
Cash & Equivalents	$6.3M-51.7%	$1.6M-94.4%	$4.9M-82.6%	$1.7M-64.2%	$13.0M+179.3%	$28.3M-8.5%	$28.3M+628.0%	$4.8M-45.5%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$2.8M+29.6%	$2.4M+23.2%	$2.1M-8.7%	$1.8M-8.3%	$2.1M-20.0%	$2.0M-26.9%	$2.3M-19.7%	$2.0M-29.9%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$32.7M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$312.1M+17.5%	$255.6M-4.1%	$264.5M-8.1%	$279.5M-7.7%	$265.5M+7.3%	$266.6M-9.7%	$287.9M+13.1%	$303.0M+24.7%
Current Liabilities	$185.2M-4.4%	$203.9M+6.7%	$197.8M-5.3%	$203.1M+2.9%	$193.7M+18.4%	$191.2M-11.5%	$208.8M+30.1%	$197.3M+19.0%
Non-Current Liabilities	$126.8M+76.6%	$51.7M-31.5%	$66.6M-15.8%	$76.5M-27.7%	$71.8M-14.5%	$75.5M-5.1%	$79.1M-15.9%	$105.7M+37.0%
Long-Term Debt	$66.3M+201.0%	$6.1M-73.3%	$22.6M-3.1%	$32.3M-29.7%	$22.0M-22.1%	$22.8M-4.2%	$23.3M	$45.9M
Total Equity	$166.7M+10.5%	$159.0M+5.5%	$157.9M+10.9%	$153.2M+37.9%	$150.8M+30.0%	$150.7M+24.0%	$142.4M+13.4%	$111.1M-12.0%
Retained Earnings	-$56.5M+13.2%	-$61.2M+3.9%	-$61.0M+13.5%	-$64.3M+14.0%	-$65.1M+4.4%	-$63.7M-2.6%	-$70.4M-22.1%	-$74.7M-31.0%

Not reported in any period shown, so not listed: Accounts Receivable.

ORN Cash Flow Statement

ORN quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$36.4M	$28.1M+121.4%	$12.7M-26.2%	$17.2M+79.6%	$9.6M+13762.3%	$69K-99.9%	$46.0M+6529.1%	-$716K-103.3%	$21.9M-35.7%	$34.1M+47.4%	$23.1M-8.1%	$25.2M+110.8%	$11.9M-8.3%	$13.0M-46.7%	$24.4M-25.2%	$32.7M
Depreciation & Amortization	N/A	$13.7M-12.0%	$15.5M-17.5%	$18.8M-9.9%	$20.9M-7.5%	$22.6M-5.4%	$23.9M-8.4%	$26.1M-17.9%	$31.8M+7.8%	$29.5M-13.7%	$34.2M+21.6%	$28.1M+19.8%	$23.5M+8.9%	$21.5M-0.1%	$21.6M-2.4%	$22.1M
Stock-Based Compensation	N/A	$5.5M+35.9%	$4.0M+96.3%	$2.0M-25.9%	$2.8M+14.7%	$2.4M+20.2%	$2.0M-27.4%	$2.8M+23.0%	$2.2M-2.8%	$2.3M+1.0%	$2.3M+0.2%	$2.3M+42.7%	$1.6M-25.5%	$2.1M-31.3%	$3.1M+14.9%	$2.7M
Capital Expenditures	$38.4M	$38.9M+175.8%	$14.1M+58.2%	$8.9M-38.9%	$14.6M-14.1%	$17.0M+15.5%	$14.7M-14.6%	$17.2M-2.9%	$17.7M+65.1%	$10.7M-42.7%	$18.7M-10.0%	$20.8M+11.2%	$18.7M+46.6%	$12.8M-48.2%	$24.6M+65.5%	$14.9M
Free Cash Flow	-$2.0M	-$10.8M-663.0%	-$1.4M-117.1%	$8.3M+264.8%	-$5.0M+70.3%	-$16.9M-153.9%	$31.3M+274.9%	-$17.9M-524.8%	$4.2M-82.0%	$23.4M+427.8%	$4.4M+1.3%	$4.4M+164.7%	-$6.8M-2578.4%	$273K+230.6%	-$209K-101.2%	$17.8M
Investing Cash Flow	-$57.5M	-$13.7M-19.3%	-$11.5M-629.1%	$2.2M+122.4%	-$9.7M-191.3%	$10.6M+439.7%	-$3.1M+76.5%	-$13.3M-0.2%	-$13.3M-31.9%	-$10.1M+43.0%	-$17.7M+86.3%	-$128.8M-201.0%	-$42.8M-256.3%	-$12.0M+63.9%	-$33.3M-136.8%	-$14.1M
Financing Cash Flow	$16.1M	-$39.4M-932.3%	-$3.8M-148.9%	$7.8M+193.3%	-$8.4M-139600.0%	$6K+100.0%	-$42.4M-757.5%	$6.4M+171.4%	-$9.0M+40.9%	-$15.3M-134.8%	-$6.5M-109.8%	$66.1M+128.8%	$28.9M+989.0%	-$3.2M-125.1%	$12.9M+559.2%	-$2.8M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	$188K	N/A	N/A	$0	$0-100.0%	$3.1M+611.2%	$436K	$0	$0-100.0%	$3.0M

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Operating Cash Flow	$4.9M+243.0%	$13.8M+3.3%	$23.3M-37.9%	-$5.6M+63.7%	-$3.4M+84.9%	$13.4M-70.7%	$37.5M+326.7%	-$15.3M-71.4%
Depreciation & Amortization	$4.4M+38.1%	$3.6M+1.7%	$3.8M-32.0%	$3.1M-47.9%	$3.2M-24.5%	$3.6M-27.9%	$5.5M-9.2%	$6.0M+12.1%
Stock-Based Compensation	$1.4M+23.5%	N/A	$1.4M-35.5%	$1.5M-2.4%	$1.1M+213.7%	N/A	$2.1M+433.2%	$1.6M+72.9%
Capital Expenditures	$8.6M-5.1%	$13.4M+287.4%	$9.3M+124.8%	$7.1M+53.9%	$9.0M+387.5%	$3.4M+54.5%	$4.2M+74.2%	$4.6M+91.9%
Free Cash Flow	-$3.6M+70.7%	$454K-95.4%	$13.9M-58.2%	-$12.7M+36.4%	-$12.5M+49.4%	$9.9M-77.2%	$33.3M+276.1%	-$20.0M-75.8%
Investing Cash Flow	-$52.5M-504.2%	$10.1M+465.0%	-$8.8M-240.0%	-$6.3M-37.8%	-$8.7M-452.6%	-$2.8M+14.3%	-$2.6M-56.9%	-$4.6M-154.7%
Financing Cash Flow	$52.3M+1720.3%	-$25.5M-142.0%	-$11.3M+1.6%	$622K-96.9%	-$3.2M-69.6%	-$10.5M+31.6%	-$11.5M-198.6%	$20.1M+145.6%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

ORN 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.

ORN quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	12.4%+0.9pp	11.5%+2.8pp	8.7%+1.9pp	6.8%0.0pp	6.8%-5.1pp	11.9%+2.9pp	9.0%+5.8pp	3.2%-7.5pp	10.8%	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	1.7%+0.3pp	1.5%+2.4pp	-0.9%+0.1pp	-1.1%+0.5pp	-1.6%-5.3pp	3.7%+3.4pp	0.3%+19.6pp	-19.3%-19.6pp	0.3%	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	0.3%+0.5pp	-0.2%+2.3pp	-2.5%-0.8pp	-1.7%+0.7pp	-2.4%-5.3pp	2.9%+3.6pp	-0.8%+17.4pp	-18.1%-18.2pp	0.1%	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	1.6%+2.6pp	-1.1%+13.6pp	-14.7%-5.6pp	-9.2%+0.7pp	-9.8%-22.5pp	12.7%+16.6pp	-3.9%+62.8pp	-66.7%-66.9pp	0.2%+1.8pp	-1.6%+1.9pp	-3.5%-6.5pp	2.9%+2.8pp	0.1%+5.4pp	-5.3%+0.3pp	-5.6%
Return on Assets	0.6%+1.0pp	-0.4%+3.9pp	-4.3%-0.9pp	-3.4%+0.7pp	-4.1%-9.0pp	4.9%+6.2pp	-1.4%+28.8pp	-30.2%-30.3pp	0.1%+0.9pp	-0.8%+0.9pp	-1.8%-3.7pp	1.9%+1.8pp	0.1%+3.9pp	-3.8%+0.9pp	-4.6%
Current Ratio	1.360.0x	1.41+0.1x	1.26+0.1x	1.16-0.1x	1.22-0.1x	1.30-0.1x	1.42-0.2x	1.590.0x	1.57-0.1x	1.660.0x	1.640.0x	1.67-0.4x	2.09+0.3x	1.77-2.0x	3.77
Debt-to-Equity	0.04-0.1x	0.150.0x	0.20+0.2x	0.010.0x	0.00-0.2x	0.19-0.3x	0.490.0x	0.54+0.3x	0.27-0.1x	0.36-0.1x	0.42+0.4x	0.010.0x	0.000.0x	0.000.0x	0.00
Asset Turnover	2.06+0.1x	1.91+0.2x	1.71-0.3x	2.04+0.3x	1.710.0x	1.71-0.1x	1.79+0.1x	1.66+0.3x	1.34	N/A	N/A	N/A	N/A	N/A	N/A
FCF Margin	-1.3%-1.1pp	-0.2%-1.3pp	1.2%+1.8pp	-0.7%+2.1pp	-2.8%-7.2pp	4.4%+6.9pp	-2.5%-3.3pp	0.8%-3.2pp	4.0%	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Gross Margin	12.0%-0.2pp	11.6%-2.4pp	13.2%+1.3pp	12.6%+3.1pp	12.2%+2.5pp	14.0%+2.6pp	11.9%+0.6pp	9.5%+2.0pp
Operating Margin	-0.4%-0.8pp	2.1%-2.3pp	2.4%-1.1pp	1.7%+3.1pp	0.4%+2.4pp	4.4%+4.7pp	3.4%+1.9pp	-1.4%-2.6pp
Net Margin	2.2%+2.9pp	-0.1%-3.2pp	1.5%-0.4pp	0.4%+3.9pp	-0.8%+3.0pp	3.1%+5.3pp	1.9%+2.3pp	-3.4%-3.3pp
Return on Equity	2.8%+3.8pp	-0.2%-4.6pp	2.1%-0.9pp	0.5%+6.5pp	-0.9%+4.3pp	4.5%+8.1pp	3.0%+3.5pp	-5.9%-5.8pp
Return on Assets	1.0%+1.3pp	-0.1%-1.7pp	0.8%-0.2pp	0.2%+1.8pp	-0.3%+1.3pp	1.6%+2.7pp	1.0%+1.2pp	-1.6%-1.5pp
Current Ratio	1.410.0x	1.360.0x	1.360.0x	1.38+0.1x	1.380.0x	1.41+0.1x	1.35-0.1x	1.330.0x
Debt-to-Equity	0.40+0.3x	0.04-0.1x	0.140.0x	0.21-0.2x	0.15-0.1x	0.150.0x	0.16-1.9x	0.41-1.5x
Asset Turnover	0.450.0x	0.560.0x	0.530.0x	0.470.0x	0.460.0x	0.520.0x	0.53+0.1x	0.460.0x
FCF Margin	-1.7%+4.9pp	0.2%-4.4pp	6.2%-8.5pp	-6.2%+4.2pp	-6.6%+8.7pp	4.6%-17.0pp	14.7%+25.9pp	-10.4%-4.2pp

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
Orion Group Holdings, Inc ORN	FY2025	$852.3M	$2.5M	0.3%	$350.7M	44/100
Concrete Pumping Holdings, Inc. BBCP	FY2025	$392.9M	$6.4M	1.6%	$467.1M	48/100
Matrix Service Co MTRX	FY2026	$873.6M	-$2.6M	-0.3%	$286.9M	35/100
Great Lakes Dredge & Dock Corporation GLDD	FY2025	$888.3M	$73.5M	8.3%	$1.1B	46/100
Bowman Consulting Group Ltd. BWMN	FY2025	$490.0M	$12.8M	2.6%	$710.0M	43/100
Southland Holdings, Inc. SLND	FY2025	$772.2M	-$306.5M	-39.7%	$41.7M	20/100

Where Orion Group Holdings, Inc Ranks

Frequently Asked Questions

What is Orion Group Holdings, Inc's annual revenue?

Orion Group Holdings, Inc (ORN) reported $852.3M in total revenue for fiscal year 2025. This represents a 7.0% 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 Orion Group Holdings, Inc's revenue growing?

Orion Group Holdings, Inc (ORN) revenue grew by 7.0% year-over-year, from $796.4M to $852.3M in fiscal year 2025.

Is Orion Group Holdings, Inc profitable?

Yes, Orion Group Holdings, Inc (ORN) reported a net income of $2.5M in fiscal year 2025, with a net profit margin of 0.3%.

What is Orion Group Holdings, Inc's EBITDA?

Orion Group Holdings, Inc (ORN) had EBITDA of $28.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Orion Group Holdings, Inc have?

As of fiscal year 2025, Orion Group Holdings, Inc (ORN) had $1.6M in cash and equivalents against $6.1M in long-term debt.

What is Orion Group Holdings, Inc's gross margin?

Orion Group Holdings, Inc (ORN) had a gross margin of 12.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Orion Group Holdings, Inc's operating margin?

Orion Group Holdings, Inc (ORN) had an operating margin of 1.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Orion Group Holdings, Inc's net profit margin?

Orion Group Holdings, Inc (ORN) had a net profit margin of 0.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Orion Group Holdings, Inc's return on equity (ROE)?

Orion Group Holdings, Inc (ORN) has a return on equity of 1.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Orion Group Holdings, Inc's free cash flow?

Orion Group Holdings, Inc (ORN) recorded an outflow of $10.8M in free cash flow during fiscal year 2025. This represents a -663.0% 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 Orion Group Holdings, Inc's operating cash flow?

Orion Group Holdings, Inc (ORN) generated $28.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Orion Group Holdings, Inc's total assets?

Orion Group Holdings, Inc (ORN) had $414.7M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Orion Group Holdings, Inc's capital expenditures?

Orion Group Holdings, Inc (ORN) invested $38.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Orion Group Holdings, Inc have outstanding?

Orion Group Holdings, Inc (ORN) had 40M shares outstanding as of fiscal year 2025.

What is Orion Group Holdings, Inc's current ratio?

Orion Group Holdings, Inc (ORN) had a current ratio of 1.36 as of fiscal year 2025, which is considered adequate.

What is Orion Group Holdings, Inc's debt-to-equity ratio?

Orion Group Holdings, Inc (ORN) had a debt-to-equity ratio of 0.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Orion Group Holdings, Inc's return on assets (ROA)?

Orion Group Holdings, Inc (ORN) had a return on assets of 0.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Orion Group Holdings, Inc's P/E ratio?

Orion Group Holdings, Inc (ORN) trades at 40.8x earnings, its market capitalization divided by net income of $8.6M net income, trailing 12 months to March 31, 2026. The market capitalization is $350.7M as of Oct 21, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Orion Group Holdings, Inc's price-to-sales ratio?

Orion Group Holdings, Inc (ORN) trades at 0.4x sales, its market capitalization divided by revenue of $879.9M revenue, trailing 12 months to March 31, 2026. The market capitalization is $350.7M as of Oct 21, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Orion Group Holdings, Inc's Altman Z-Score?

Orion Group Holdings, Inc (ORN) has an Altman Z-Score of 3.00, placing it in the Safe Zone (low 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 Orion Group Holdings, Inc's Piotroski F-Score?

Orion Group Holdings, Inc (ORN) has a Piotroski F-Score of 7 out of 9, indicating strong 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 Orion Group Holdings, Inc's earnings high quality?

Orion Group Holdings, Inc (ORN) has an earnings quality ratio of 11.28x, considered cash-backed (high quality). 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 Orion Group Holdings, Inc cover its interest payments?

Orion Group Holdings, Inc (ORN) has an interest coverage ratio of 1.65x, 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 Orion Group Holdings, Inc?

Orion Group Holdings, Inc (ORN) scores 44 out of 100 on our Financial Health Score, indicating moderate 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.