Is the business good?
How good a business is OLN?
Olin Corporation earns −2.0% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
−2.0%
Return on invested capital · cost of capital 9.0% · 11 points below what the capital costs: growth destroys value
- Operating margin
- −1.7%
Operating margin · Chemicals median −1.7% · 12 months to Q1 2026
- Share count, year on year
- −2.4%
Share count, year on year · bought back, each share owns more of the company
- Gross margin
- 6.4%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | −13% |
| FY2021 | 21% |
| FY2022 | 19% |
| FY2023 | 10% |
| FY2024 | 4.5% |
| FY2025 | 0.08% |
Details›
- Gross margin12 months to Q1 2026
- 6.4%
- Operating margin12 months to Q1 2026
- −1.7%
- Net margin12 months to Q1 2026
- −2.8%
- Free cash flow margin
- 3.2%
- Revenue, trailing twelve months
- $6.72B
- Free cash flow, trailing twelve months
- $213M
- Net income, trailing twelve months
- −$185M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −2.0%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.