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

Orion Group Holdings, Inc.

ORN Industrials Engineering & Construction

Orion Group Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $852.3 million, up 7.01% from fiscal 2024. In the quarter to June 2026, revenue grew 8.08%, EPS fell 600.0%, free cash flow fell 140.9% and total debt rose 161.7%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

8.52 0.25 −2.85%

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Market cap: $355.1M
P/E: 89.8×
Fwd P/E: 41.8×
Dividend yield: —
F-score: 7/9
Altman Z: 3.10
Beneish M: −2.38
Dividend safety: n/a

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

Insider Decisions trades per month

Total buys 0.37

Total sells 1.83

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	1	—	—	—	4	—	—	—
Sell	—	—	—	—	2	—	2	—	—	—	—	—

Insider Ownership 5.75%

Capital & Financial Ratios $m

Market Cap 355.14

Revenue 896.50

Net Income 3.60

Free Cash Flow 6.22

Net Debt 103.32

Current Ratio 1.52

Debt/Equity 0.65

P/E ratio 89.78

Fwd P/E 41.80

P/S ratio 0.38

P/B ratio 2.10

Past 5Y EPS Growth (38.28%)

This Y EPS Growth 0.13%

Next Y EPS Growth 73.95%

Next Y revenue growth 9.06%

Next 5Y EPS Growth 38.73%

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

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 76.27%

10-year low 10-year high

P/S against its own 10 years 78.81%

10-year low 10-year high

P/B against its own 10 years 83.93%

10-year low 10-year high

EV/Sales against its own 10 years 77.48%

10-year low 10-year high

EV/FCF against its own 10 years 86.72%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2027	Powerpack
2026	Powerpack
2025	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	31	28	3	4
Receivables	144	142	225	172
Inventory	3	2	2	3
Other	85	88	35	81
	272	269	278	269

	2023	2024	2025	Q'26
Payables	83	98	109	94
ST’ Debt	13	0	2	6
Other	64	47	49	42
	216	191	204	177

Compound Annual Growth %

	10y	5y	3y
Sales	6.21%	3.72%	4.43%
Cash Flow	1.09%	(9.42%)	43.16%
Earnings	0.00%	(34.23%)	0.00%
Book Value	(3.53%)	(0.06%)	4.89%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	216	222	—	—	—
’25	189	205	225	233	852
’24	161	192	227	217	796
’23	159	183	168	202	712
’22	175	195	183	196	748
’21	153	146	140	162	601
’20	167	184	189	170	710

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	5	(18)	—	—	—
’25	(3)	(6)	23	14	28
’24	(23)	(15)	37	13	13
’23	(3)	(9)	(17)	46	17
’22	10	2	(3)	0	10
’21	9	2	(7)	(4)	0
’20	15	18	5	8	46

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(4)	(29)	—	—	—
’25	(12)	(12)	14	24	14
’24	(24)	(20)	35	11	1
’23	(4)	(1)	(18)	42	19
’22	7	(3)	(2)	(3)	0
’21	9	22	(13)	(8)	10
’20	14	16	5	3	37

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.12	(0.10)	—	—	—
’25	(0.04)	0.02	0.08	(0.01)	0.06
’24	(0.19)	(0.20)	0.12	0.17	(0.05)
’23	(0.39)	(0.01)	(0.02)	(0.13)	(0.55)
’22	(0.16)	(0.10)	0.01	(0.15)	(0.40)
’21	0.03	0.11	(0.33)	(0.29)	(0.47)
’20	0.09	0.07	0.39	0.12	0.67

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	3.25	5.17	4.04	1.80	1.53	3.46	2.10	2.33	4.41	4.64	Analyst estimates 2026–2028 Powerpack
	High	10.80	11.11	9.83	5.93	5.99	6.67	4.21	6.07	12.12	11.90
People
People	Employees	2,250	2,625	2,487	2,571	2,297	2,447	2,216	1,796	1,887	2,076
	Revenue/emp, $m	0.26	0.22	0.21	0.28	0.31	0.25	0.34	0.40	0.42	0.41
Income, $m
Income, $m	Revenue	578	579	521	708	710	601	748	712	796	852
	Gross margin, %	11.67	10.76	3.22	9.04	11.93	6.81	6.78	8.66	11.45	12.39
	EBT	(2)	(4)	(107)	(3)	22	(14)	(12)	(18)	(1)	3
	EBT margin, %	(0.35)	(0.72)	(20.48)	(0.49)	3.13	(2.34)	(1.63)	(2.46)	(0.16)	0.34
	Net income	(4)	0	(94)	(5)	20	(15)	(13)	(18)	(2)	2
	Depreciation	35	31	102	34	34	31	29	39	35	32
Per share, $
Per share, $	Revenue	21.00	20.64	18.27	24.16	23.57	19.55	23.83	22.00	22.90	21.51
	Earnings	(0.13)	0.01	(3.31)	(0.18)	0.67	(0.47)	(0.40)	(0.55)	(0.05)	0.06
	Cash flow	0.84	1.22	0.77	(0.02)	1.53	0.00	0.30	0.53	0.36	0.71
	Capex	(0.60)	(0.14)	(0.51)	(0.52)	(0.29)	0.33	(0.31)	0.07	(0.33)	(0.35)
	Free cash flow	0.24	1.08	0.26	(0.54)	1.24	0.33	0.00	0.60	0.03	0.36
	Book value	8.21	8.25	4.96	4.71	5.29	4.81	4.39	3.76	4.33	4.01
	Shares, m	28	28	29	29	30	31	31	32	35	40
Valuation, ×
Valuation, ×	P/E	0.00	780.00	0.00	0.00	7.40	0.00	0.00	0.00	0.00	181.06
	P/S	0.51	0.38	0.23	0.21	0.21	0.19	0.11	0.22	0.32	0.46
	P/B	1.31	0.95	0.86	1.10	0.94	0.78	0.58	1.29	1.69	2.48
	EV/Sales	0.69	0.51	0.37	0.32	0.27	0.26	0.16	0.25	0.33	0.47
	EV/FCF	60.44	9.77	25.87	(14.25)	5.10	15.01	(885.36)	9.11	218.73	28.15
Cash, $m
Cash, $m	Operating cash flow	23	34	22	(1)	46	0	10	17	13	28
	Capex	(17)	(4)	(14)	(15)	(9)	10	(10)	2	(11)	(14)
	Free cash flow	7	30	7	(16)	37	10	0	19	1	14
Balance, $m
Balance, $m	Working capital	78	70	51	62	55	36	31	56	78	74
	Total debt	101	86	79	75	42	50	47	51	35	14
	Net debt	101	77	70	74	41	38	43	20	6	10
	Shareholders’ equity	226	231	142	138	159	148	138	121	151	159
Returns, %
Returns, %	ROA	(0.80)	0.09	(25.31)	(1.51)	5.00	(3.80)	(3.51)	(4.56)	(0.39)	0.60
	ROIC	0.78	0.31	(29.65)	0.65	8.30	(3.13)	(2.78)	(2.93)	4.59	5.39
	ROE	(1.60)	0.17	(50.65)	(3.83)	13.59	(9.47)	(8.82)	(13.79)	(1.21)	1.61

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
WLDN Willdan Group, Inc.	$1.1B	16.4×	25.9×	+33.18% (above 0%: growing)	+51.40% (above 0%: growing)	+82.02% (above 0%: growing)	37.85%	8.54%	Compare
AMRC Ameresco, Inc.	$1.1B	36.8×	27.6×	+9.14% (above 0%: growing)	−25.00% (below 0%: shrinking)	−81.22% (below 0%: shrinking)	17.71%	8.57%	Compare
CDNL Cardinal Infrastructure Group Inc.	$755.8M	—	—	—	—	−728.05% (below 0%: shrinking)	15.88%	6.82%	Compare
BWMN Bowman Consulting Group Ltd.	$741.7M	102×	37.7×	+19.69% (above 0%: growing)	−57.14% (below 0%: shrinking)	−457.88% (below 0%: shrinking)	53.20%	5.57%	Compare
BBCP CONCRETE PUMPING HOLDINGS, INC.	$459.6M	53.4×	61.4×	+12.63% (above 0%: growing)	+28.57% (above 0%: growing)	−28.85% (below 0%: shrinking)	38.74%	12.92%	Compare
ORN Orion Group Holdings, Inc.	$355.1M	89.8×	41.8×	+8.08% (above 0%: growing)	n/m	−140.87% (below 0%: shrinking)	10.33%	(0.59%)
PHOE Phoenix Asia Holdings Limited	$351.2M	—	—	—	—	−1,148.32% (below 0%: shrinking)	—	—	Compare
MTRX Matrix Service Company	$286.9M	— (loss-making)	19.5×	+13.01% (above 0%: growing)	n/m	−125.30% (below 0%: shrinking)	7.97%	(0.36%)	Compare
MAGH Magnitude International Ltd	$236.6M	—	—	—	—	—	—	—	Compare
Median of peers	$600.6M	45.1×	27.6×	+13.01%	+1.79%	−125.30%	27.78%	7.68%

All 51 Engineering & Construction stocks →

Orion Group Holdings, Inc. (ORN) key facts

Strength: Orion Group Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $852.3 million, up 7.01% from fiscal 2024.
Orion Group Holdings, Inc. (ORN) is an Engineering & Construction company in the Industrials sector, listed on the New York Stock Exchange.
As of October 16, 2026, ORN traded at $8.52, a market capitalization of $355.1 million.
Return on equity was 1.61% and debt-to-equity 0.65.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 3.10 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.