ORNNYSEHeavy Construction Other Than Bldg Const - ContractorsFiscal year ends December 31
Orion Group Holdings Inc
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Jul 29, 2026
$8.82+0.30 (+3.52%)
Close on Oct 19, 2026
- Market cap
- $353.97M
- P/E (TTM)
- 42.0
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
12.4%+0.5 pts over 5 years
Operating margin
1.7%−2.0 pts over 5 years
Net margin
0.3%−2.6 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 | +7.0% | +4.4% | +3.7% | – | |
| Gross profit | +15.9% | +27.7% | +4.5% | +10.1% | |
| Operating income | +26.8% | – | -11.3% | – | |
| Net income | – | – | -34.2% | – | |
| EPS, diluted | – | – | -38.3% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -1.6% | – | – | |
| Return on assets | -0.8% | 5.0% | 0.6% | |
| Current ratio | 1.66 | 1.30 | 1.36 | |
| Debt to equity | 0.45 | – | – | |
| Net debt to EBITDA | 2.64× | 0.64× | 0.22× | |
| Interest coverage | 0.7× | 5.4× | 1.6× | |
| Inventory turnover | – | 469.8× | 338.9× | |
| Capex to revenue | – | 2.1% | 4.6% | |
| Diluted shares | 28M | 30M | 40M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Orion Group generated $67.55M from operations and spent $93.42M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$67.55M
Used
$93.42M
Capital expenditure$93.42M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-18.1%
×Asset turnover1.40×
×Equity multiplier2.00×
=Return on equity, FY2018-50.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2018 | -18.1% | 1.40× | 2.00× | -50.6% |
| FY2017 | 0.1% | 1.31× | 1.93× | 0.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$2.49M
- Cash generatingOperating cash flow above zero$28.07M
- Return on assets improvedROA up on the prior year-0.4% → 0.6%
- Earnings backed by cashOperating cash flow above net income$28.07M vs $2.49M
- Less leverageLong-term debt to assets fell5.5% → 1.5%
- Better liquidityCurrent ratio rose1.41 → 1.36
- No dilutionShare count did not rise35M → 40M
- Gross margin improvedGross margin up on the prior year11.45% → 12.39%
- More efficientAsset turnover rose1.91 → 2.04