Saturday 17 October 2026 Export OEC’s income statement to Excel — free account

Orion S.A.

Orion S.A.’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, down 3.77% from fiscal 2024. In the quarter to June 2026, revenue grew 7.40%, EPS fell 81.3%, free cash flow fell 83.5% and total debt fell 1.22%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

5.34 0.26 −4.64%

Follow OEC

Alert me

Market cap: $316.5M
P/E: 0.0×
Fwd P/E: −19.8×
Dividend yield: 1.55%
F-score: 3/9
Altman Z: 1.40
Beneish M: −3.20
Dividend safety: 37/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 3.73%

Capital & Financial Ratios $m

Market Cap 316.53

Revenue 1,823.00

Net Income (96.30)

Free Cash Flow 25.50

Net Debt 958.90

Current Ratio 1.03

Debt/Equity 2.66

P/E ratio 0.00

Fwd P/E (19.80)

P/S ratio 0.16

P/B ratio 0.79

Past 5Y EPS Growth —

This Y EPS Growth (77.60%)

Next Y EPS Growth 195.95%

Next Y revenue growth 0.07%

Next 5Y EPS Growth 7.73%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 2.29%

10-year low 10-year high

P/B against its own 10 years 2.43%

10-year low 10-year high

EV/Sales against its own 10 years 2.84%

10-year low 10-year high

EV/FCF against its own 10 years 71.80%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate 0.08

Annual Dividend Yield 1.55%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.08	0.02 0.02 0.02
2025	0.08	0.02 0.02 0.02 0.02
2024	0.08	0.02 0.02 0.02 0.02
2023	0.08	0.02 0.02 0.02 0.02
2022	0.10	0.02 0.02 0.02 0.02 0.02
2021	Powerpack
2020	0.20	0.20
2019	0.80	0.20 0.20 0.20 0.20
2018	0.80	0.20 0.20 0.20 0.20
2017	0.94	0.18 0.19 0.17 0.20 0.20
2016	0.74	0.19 0.19 0.19 0.18

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	38	44	61	51
Receivables	247	225	239	331
Inventory	287	290	277	276
Other	74	54	67	77
	646	613	644	734

	2023	2024	2025	Q'26
Payables	184	156	197	218
ST’ Debt	137	259	305	357
Other	44	57	54	58
	440	517	626	716

Compound Annual Growth %

	10y	5y	3y
Sales	3.88%	9.72%	(3.82%)
Cash Flow	(0.98%)	11.49%	38.63%
Earnings	0.00%	0.00%	0.00%
Book Value	21.43%	16.27%	(5.75%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	460	501	—	—	—
’25	478	466	451	412	1,807
’24	503	477	463	434	1,878
’23	501	459	466	468	1,894
’22	485	541	543	462	2,031
’21	360	401	393	393	1,547
’20	336	203	282	316	1,136

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(12)	27	—	—	—
’25	0	54	69	93	216
’24	32	29	(31)	95	125
’23	108	98	68	72	346
’22	(28)	(23)	34	98	81
’21	2	83	36	24	145
’20	5	86	2	33	125

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(48)	2	—	—	—
’25	(29)	12	28	44	55
’24	(1)	(25)	(79)	24	(81)
’23	78	60	26	10	173
’22	(77)	(83)	(24)	32	(152)
’21	(25)	52	(19)	(77)	(69)
’20	(46)	47	(29)	8	(20)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.18)	0.03	—	—	—
’25	0.16	0.16	(1.20)	(0.38)	(1.24)
’24	0.45	0.35	(0.35)	0.30	0.76
’23	0.70	0.51	0.44	0.08	1.73
’22	0.53	0.49	0.52	0.20	1.73
’21	0.39	1.47	0.35	0.01	2.21
’20	0.29	(0.29)	0.15	0.14	0.30

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	10.33	17.15	23.12	12.10	5.93	15.23	12.87	17.43	14.94	4.35	Analyst estimates 2026–2028 Powerpack
	High	20.85	25.70	36.55	28.51	19.71	22.45	20.63	28.48	27.73	16.63
People
People	Employees	1,460	1,441	1,437	1,493	1,400	1,475	1,600	1,650	1,658	1,639
	Revenue/emp, $m	0.78	0.92	1.10	0.99	0.81	1.05	1.27	1.15	1.13	1.10
Income, $m
Income, $m	Revenue	1,140	1,328	1,578	1,476	1,136	1,547	2,031	1,894	1,878	1,807
	Gross margin, %	32.84	28.43	27.24	26.40	25.72	24.99	22.10	23.81	22.84	19.91
	EBT	75	84	168	120	26	186	157	163	53	(35)
	EBT margin, %	6.59	6.33	10.62	8.10	2.27	12.01	7.74	8.62	2.84	(1.93)
	Net income	49	65	121	87	18	135	106	104	44	(70)
	Depreciation	98	103	100	99	99	108	108	116	127	134
Per share, $
Per share, $	Revenue	19.21	22.39	26.49	24.61	18.81	25.48	33.35	32.10	32.25	32.08
	Earnings	0.84	1.28	2.04	1.45	0.30	2.22	1.74	1.75	0.76	(1.24)
	Cash flow	3.71	2.49	2.05	3.86	2.07	2.39	1.33	5.86	2.15	3.83
	Capex	(1.20)	(1.52)	(0.86)	(2.60)	(2.40)	(3.54)	(3.82)	(2.93)	(3.55)	(2.86)
	Free cash flow	2.51	0.97	1.18	1.26	(0.32)	(1.14)	(2.49)	2.93	(1.40)	0.97
	Book value	0.99	1.61	2.67	3.10	3.00	5.27	7.54	8.11	8.16	6.83
	Shares, m	59	59	60	60	60	61	61	59	58	56
Valuation, ×
Valuation, ×	P/E	23.52	23.46	12.95	13.31	57.13	8.23	10.02	15.41	20.78	0.00
	P/S	0.99	1.16	0.95	0.78	0.91	0.72	0.52	0.84	0.49	0.16
	P/B	19.32	16.12	9.48	6.22	5.72	3.49	2.31	3.31	1.94	0.77
	EV/Sales	1.51	1.62	1.34	1.18	1.50	1.18	0.94	1.25	0.95	0.67
	EV/FCF	11.54	37.37	30.09	32.90	(87.21)	(26.36)	(12.63)	13.62	(21.88)	22.19
Cash, $m
Cash, $m	Operating cash flow	220	148	122	232	125	145	81	346	125	216
	Capex	(71)	(90)	(51)	(156)	(145)	(215)	(233)	(173)	(207)	(161)
	Free cash flow	149	57	71	76	(20)	(69)	(152)	173	(81)	55
Balance, $m
Balance, $m	Working capital	216	237	255	223	176	216	226	206	97	17
	Total debt	684	687	685	667	738	783	915	814	906	980
	Net debt	596	611	615	592	674	717	855	777	862	919
	Shareholders’ equity	59	95	159	186	181	320	459	479	475	385
Returns, %
Returns, %	ROA	4.52	5.72	9.95	6.87	1.38	8.92	6.03	5.56	2.40	(3.72)
	ROIC	11.07	12.20	15.85	11.83	5.44	13.77	9.38	10.22	4.80	1.32
	ROE	86.87	84.33	95.44	50.40	9.92	53.80	27.26	22.07	9.27	(16.31)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
MATV Mativ Holdings, Inc.	$644.1M	6.9×	— (loss-making)	+1.22% (above 0%: growing)	n/m	+19.37% (above 0%: growing)	21.31%	6.64%	Compare
OEC Orion S.A.	$316.5M	— (loss-making)	— (loss-making)	+7.40% (above 0%: growing)	−81.25% (below 0%: shrinking)	−83.48% (below 0%: shrinking)	18.57%	4.25%
MNTK Montauk Renewables, Inc.	$301.8M	34.7×	14.4×	+19.71% (above 0%: growing)	n/m	+60.35% (above 0%: growing)	100.00%	(0.14%)	Compare
GEVO Gevo, Inc.	$289.3M	— (loss-making)	— (loss-making)	+7.11% (above 0%: growing)	n/m	−167.47% (below 0%: shrinking)	42.58%	(369.25%)	Compare
ALTO Alto Ingredients, Inc.	$283.9M	5.0×	12.8×	+12.48% (above 0%: growing)	n/m	+1,443.92% (above 0%: growing)	6.77%	3.51%	Compare
FF FutureFuel Corp.	$247.8M	— (loss-making)	— (loss-making)	+120.69% (above 0%: growing)	n/m	+4,245.38% (above 0%: growing)	19.08%	14.29%	Compare
HDSN Hudson Technologies, Inc.	$212.1M	24.1×	14.1×	+7.54% (above 0%: growing)	−47.83% (below 0%: shrinking)	+5.45% (above 0%: growing)	26.41%	9.44%	Compare
CMT Core Molding Technologies Inc	$206.6M	26.6×	21.6×	−20.84% (below 0%: shrinking)	−55.32% (below 0%: shrinking)	+809.20% (above 0%: growing)	20.29%	3.66%	Compare
FEAM 5E Advanced Materials, Inc.	$156.8M	— (loss-making)	—	—	n/m	+17.79% (above 0%: growing)	0.00%	0.00%	Compare
Median of peers	$265.9M	24.1×	14.3×	+7.54%	—	+39.86%	20.80%	3.59%

All 60 Specialty Chemicals stocks →

Orion S.A. (OEC) key facts

Concern: Orion S.A.’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, down 3.77% from fiscal 2024.
Orion S.A. (OEC) is a Specialty Chemicals company in the Basic Materials sector, listed on the New York Stock Exchange.
As of October 16, 2026, OEC traded at $5.34, a market capitalization of $316.5 million.
Orion S.A. pays an annual dividend of $0.08 per share, a yield of 1.55%.
Return on equity was −16.3% and debt-to-equity 2.66.
Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 1.40 (distress zone) for fiscal 2025.