OECNYSEMiscellaneous Chemical ProductsFiscal year ends December 31
Orion S.A.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$5.36+0.02 (+0.37%)
Close on Oct 19, 2026
- Market cap
- $306.97M
- P/E (TTM)
- –
- Dividend yield
- 1.49%
Margins
Share of revenue, fiscal years 2015 to 2025
Gross margin
19.9%−5.8 pts over 5 years
Operating margin
1.5%−5.0 pts over 5 years
Net margin
-3.9%−5.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -3.8% | -3.8% | +9.7% | – | |
| Gross profit | -16.1% | -7.1% | +4.2% | – | |
| Operating income | -73.2% | -48.1% | -18.0% | – | |
| Dividend per share | 0.0% | 0.0% | -16.7% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 92.2% | 9.9% | -16.3% | |
| Return on assets | – | 1.4% | -3.7% | |
| Current ratio | – | 1.54 | 1.03 | |
| Debt to equity | – | 4.08 | 2.55 | |
| Net debt to EBITDA | – | 3.92× | 5.76× | |
| Interest coverage | 2.7× | 1.9× | – | |
| Inventory turnover | – | 5.5× | 5.1× | |
| Capex to revenue | 5.8% | 12.2% | 8.9% | |
| Diluted shares | 60M | 61M | 56M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Orion generated $913.20M from operations and spent $1.13B on capital expenditure, dividends and share buybacks. 88% of that went back into the business.
Generated
$913.20M
Used
$1.13B
Capital expenditure$988.00M88%Dividends$19.40M2%Share buybacks$121.30M11%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-3.9%
×Asset turnover0.96×
×Equity multiplier4.38×
=Return on equity, FY2025-16.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -3.9% | 0.96× | 4.38× | -16.3% |
| FY2024 | 2.4% | 1.02× | 3.87× | 9.3% |
| FY2023 | 5.5% | 1.02× | 3.97× | 22.1% |
| FY2022 | 5.2% | 1.15× | 4.52× | 27.3% |
| FY2021 | 8.7% | 1.02× | 6.03× | 53.8% |
| FY2020 | 1.6% | 0.86× | 7.21× | 9.9% |
| FY2019 | 5.9% | 1.17× | 7.34× | 50.4% |
| FY2018 | 7.7% | 1.29× | 9.59× | 95.4% |
| FY2017 | 4.9% | 1.20× | 14.80× | 86.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$70.10M
- Cash generatingOperating cash flow above zero$215.80M
- Return on assets improvedROA up on the prior year2.4% → -3.8%
- Earnings backed by cashOperating cash flow above net income$215.80M vs -$70.10M
- Less leverageLong-term debt to assets fell34.8% → 35.4%
- Better liquidityCurrent ratio rose1.19 → 1.03
- No dilutionShare count did not rise58M → 56M
- Gross margin improvedGross margin up on the prior year22.84% → 19.91%
- More efficientAsset turnover rose1.02 → 0.97