Olin Corp (OLN)

Olin Corporation manufactures and distributes chemical products in the United States, Europe, Asia Pacific, the Middle East, Africa, and India Middle East, Africa, India, Latin America, and Canada. It operates through three segments: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride and vinyl chloride monomers, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, hydrochloric acid, hydrogen, bleach products, potassium hydroxide, and chlorinated organics intermediates and solvents. The Epoxy segment provides Allylics, such as allyl chloride, epichlorohydrin, and glycerin; aromatics, including acetone, and phenol; bisphenol, caustic soda, cumene, liquid and solid epoxy resins; and converted epoxy resins and additives. The Winchester segment offers sporting ammunition products, including shotshells, small caliber centerfire, and rimfire ammunition products for hunters, competitive, and recreational shooters, and law enforcement agencies; small caliber military ammunition products for use in infantry and mounted weapons; and industrial products comprising 8-gauge loads and powder-actuated tool loads for maintenance applications in power and concrete industries, and powder-actuated tools in construction industry. The company markets its products through its sales force, as well as directly to various industrial customers, mass merchants, retailers, wholesalers, gun clubs, other distributors, and the U.S. Government and its prime contractors. Olin Corporation was incorporated in 1892 and is based in Clayton, Missouri.

Symbol
OLN
Exchange
NYSE
Sector
Basic Materials
Industry
Chemicals
Market cap
$1.92B
52 week range
16.35 - 30.46

Valuation

Share price
$16.77 (close of 2026-09-23)
P/E (TTM)
-9.72x
Price to book
1.12x
Price to free cash flow
19.06x
Enterprise value
$5.15B
Book value per share
$15.02

Price performance

PeriodChange
1 day+1.39%
5 days-2.16%
1 month-8.86%
3 months-21.85%
6 months-33.61%
Year to date-19.49%
1 year-26.09%
3 years-64.04%
5 years-66.21%
10 years-11.23%
All time+581.71%

Profitability and growth

Return on equity
-5.40%
Return on invested capital
0.11%
Return on assets
-1.38%
Return on capital employed
0.09%
Gross margin
7.40%
Net margin
-1.49%
EBITDA margin
7.77%
Revenue growth
3.68%
Net income growth
-196.29%
Free cash flow growth
-19.54%

Cash flow and balance sheet

Free cash flow yield (TTM)
5.25%
Current ratio
1.42x
Net debt to EBITDA
7.91x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$6.78B
Cost of revenue
$6.28B
Gross profit
$501.50M
EBITDA
$526.90M
Net income
$-101.10M
Earnings per share
$-0.88
Interest expense
$188.30M
Shares outstanding
114.60M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$6.78B$501.50M$-101.10M$-0.88
2024-12-31$6.54B$737.50M$105.00M$0.92
2023-12-31$6.83B$1.17B$452.00M$3.66
2022-12-31$9.38B$2.18B$1.33B$9.16
2021-12-31$8.91B$2.29B$1.30B$8.15
2020-12-31$5.76B$383.40M$-969.90M$-6.14
2019-12-31$6.11B$670.80M$-11.30M$-0.07
2018-12-31$6.95B$1.12B$327.90M$1.97
2017-12-31$6.27B$713.50M$549.50M$3.31
2016-12-31$5.55B$606.10M$-3.90M$-0.02

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-317.40%-1.49%-5.40%0.11%
2024-12-3111.28%1.61%5.11%5.17%
2023-12-3117.06%6.61%19.93%11.81%
2022-12-3123.27%14.15%52.17%27.01%
2021-12-3125.75%14.55%48.89%28.56%
2020-12-316.66%-16.84%-66.85%-12.68%
2019-12-3110.98%-0.18%-0.47%3.00%
2018-12-3116.18%4.72%11.58%9.65%
2017-12-3111.38%8.77%19.95%4.82%
2016-12-3110.92%-0.07%-0.17%1.89%

Cash and debt by year

Period endCashDebt
2025-12-31$167.60M$2.72B
2024-12-31$175.60M$2.71B
2023-12-31$170.30M$2.59B
2022-12-31$194.00M$2.57B
2021-12-31$180.50M$2.58B
2020-12-31$189.70M$3.84B
2019-12-31$220.90M$3.34B
2018-12-31$178.80M$3.10B
2017-12-31$218.40M$3.61B
2016-12-31$184.50M$3.54B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$247.90M$20.70M
2024-12-31$308.10M$17.10M
2023-12-31$738.30M$18.60M
2022-12-31$1.69B$14.10M
2021-12-31$1.54B$8.30M
2020-12-31$134.10M$13.60M
2019-12-31$231.70M$10.70M
2018-12-31$522.60M$12.00M
2017-12-31$354.50M$9.10M
2016-12-31$325.20M$7.50M

Dividend history

Most recent payment
2026-08-27
Paid in the last twelve months
$0.80
Payment dateDividend per share
2026-08-27$0.20
2026-05-14$0.20
2026-03-03$0.20
2025-11-28$0.20
2025-08-28$0.20
2025-05-15$0.20
2025-03-06$0.20
2024-11-14$0.20

Investor relations

Next earnings report

Next confirmed report
2026-10-26
Consensus EPS estimate
$0.10

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-30Jun/2026$0.07
2026-05-07--
2026-01-29--
2025-10-27--
2025-07-28--
2025-05-01--
2025-01-30--
2024-10-24--

Filings and sources

Company website
olin.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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