Olin Corporation (Olin, the Company, we or our) is a Virginia corporation, incorporated in 1892, having its principal executive offices in Clayton, MO. We are a leading vertically integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. Our operations are concentrated in three business segments: Chlor Alkali Products and Vinyls, Epoxy and Winchester. All of our business segments are capital-intensive manufacturing businesses. The Chlor Alkali Products and Vinyls segment manufactures and sells chlorine and caustic soda, ethylene dichloride (EDC) and vinyl chloride monomer (VCM), methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, hydrochloric acid, hydrogen, bleach products and potassium hydroxide, which represented 54% of 2025 sales.
| Segment | 2021 | 2022 | 2023 | 2024 | 2025 | % of Total |
|---|---|---|---|---|---|---|
Chlorine, chlorine derivatives and other products | $2.27B | $2.70B | $2.21B | $2.10B | $2.05B | 36% |
Caustic soda | $1.87B | $2.39B | $1.79B | $1.53B | $1.63B | 29% |
Epoxy resins and formulated solutions | — | — | $804M | $714M | $807M | 14% |
Commercial | $1.10B | $1.08B | $807M | $837M | $636M | 11% |
Aromatics and allylics | $1.45B | $1.34B | $525M | $512M | $565M | 10% |
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 6.8B | 6.8B | 6.5B | 6.8B | 9.4B | 8.9B |
| Net Income | -101M | -101M | 109M | 460M | 1.3B | 1.3B |
| EPS | $-0.88 | $-0.88 | $0.91 | $3.57 | $8.94 | $7.96 |
| Free Cash Flow | 248M | 248M | 308M | 738M | 1.7B | 1.5B |
| ROIC | 0.0% | - | 3.7% | 9.3% | 22.5% | 25.3% |
| Gross Margin | 7.4% | 7.4% | 11.3% | 17.1% | 23.3% | 25.7% |
| Debt/Equity | 1.71 | 1.71 | 2.07 | 1.86 | 1.63 | 1.49 |
| Dividends/Share | $0.80 | $0.80 | $0.79 | $0.78 | $0.78 | $0.78 |
| Operating Income | 0 | - | 297M | 712M | 1.8B | 1.9B |
| Operating Margin | 0.0% | - | 4.5% | 10.4% | 19.0% | 20.8% |
| ROE | -5.5% | -5.2% | 5.1% | 19.3% | 51.1% | 63.2% |
| Shares Outstanding | 114M | 114M | 119M | 129M | 148M | 163M |
OLIN Corp passes 3 of 9 quality checks, indicating weak fundamentals.
On a free-cash-flow basis, the stock trades at 12.9x vs a median of 9.9x. The company's 5-year average ROIC is 15.2% with a gross margin of 16.9%. Total shareholder yield (dividends + buybacks) is 4.4%. At current prices, the estimated annualized return to fair value is +13.6%.
OLIN Corp (OLN) has a 5-year average return on invested capital (ROIC) of 15.2%. This indicates strong capital allocation and a potential competitive advantage.
OLIN Corp (OLN) has a market capitalization of $3.2B. It is classified as a mid-cap stock.
Yes, OLIN Corp (OLN) pays a dividend with a trailing twelve-month yield of 2.85%. The company also returns capital through share buybacks, with a buyback yield of 1.57%.
OLIN Corp (OLN) operates in the Chemicals & Allied Products industry, within the Materials sector.
OLIN Corp (OLN) reported annual revenue of $6.8 billion in its most recent fiscal year, based on SEC EDGAR filings.
OLIN Corp (OLN) has a net profit margin of -1.5%. The company is currently unprofitable.
OLIN Corp (OLN) generated $248 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
OLIN Corp (OLN) has a debt-to-equity ratio of 1.71. This indicates higher leverage, which may increase financial risk.
OLIN Corp (OLN) reported earnings per share (EPS) of $-0.88 in its most recent fiscal year.
OLIN Corp (OLN) has a return on equity (ROE) of -5.2%. A negative ROE may indicate losses or negative equity.
OLIN Corp (OLN) has a 5-year average gross margin of 16.9%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 16 years of financial data for OLIN Corp (OLN), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
OLIN Corp (OLN) has a book value per share of $16.10, based on its most recent annual SEC filing.