OLN Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $15.90
Market Cap (MRQ) $1.81B
P/E (TTM) -9.2
EPS (TTM) $-1.73
Revenue (TTM) $6.70B
Div Yield 5.1%
ROE (TTM) -10.7%
Debt/Equity (MRQ) 1.8
52W Range $15–$30

OLN Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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Stock splits 3
Ex-date Split Type
Feb. 9, 1999 63-for-40 Forward
Oct. 31, 1996 2-for-1 Forward
Sept. 9, 1977 2-for-1 Forward

About Olin Corporation Common Stock Company overview from Wikipedia

05 · wikidata

Olin Corporation is an American manufacturer of ammunition, chlorine, and sodium hydroxide. The company traces its roots to two companies, both founded in 1892: Franklin W. Olin's Equitable Powder Company and the Mathieson Alkali Works.

History

Founding and expansion (1890s–1900s)

The company was started by Franklin Walter Olin in Niagara Falls, New York as the Equitable Powder Company. Olin created the company for the purpose of supplying the area's coal mines and limestone quarries with explosives. Olin's blasting and gunpowder company expanded into the production of cartridges in 1898. The company bought a paper manufacturer (the Ecusta Paper Company in Pisgah Forest, North Carolina), a lead shot facility, an explosive primer facility, a cartridge brass manufacturing facility, and a fiber wad facility. The company also started its own brass mill. Franklin Olin, along with his two sons John and Spencer, merged these companies together to form the Western Cartridge Company in direct competition with Remington and Winchester. For a time, his competitors were able to get their suppliers to shut off sources of raw materials in an attempt to drive Olin out of business and, in order to survive, Olin was forced to diversify the activities of the company. With the advent of World War I, the Olins made a fortune supplying ammunition through Western Cartridge. In 1931, Western bought Winchester and in 1935 merged the two, forming Winchester-Western.

In 1944, the various Olin companies were organized under a new corporate parent, Olin Industries, Inc. At the time, Olin Industries and its subsidiary companies ran the St. Louis Arsenal and contributed to the war effort with manufacturing roles at the Badger Army Ammunition and Lake City Army Ammunition Plants. Olin's plants in New Haven, Connecticut and East Alton, Illinois employed about 17,000 workers each producing the guns and small-caliber ammunition needed during World War II. The war production helped the Olins to become one of the wealthiest American families of the time.

In 1952, Olin opened a chlorine plant in McIntosh, Alabama. The production process at this facility originally involved mercury, which contaminated the groundwater.

Mathieson Chemical acquisition

After the war, the Olins acquired the Mathieson Chemical Corporation—also founded in 1892. Long before its association with Olin, Mathieson Alkali Works began business in Saltville, Virginia, and a year later acquired its neighbor, the Holston Salt and Plaster Corp. Saltville became a quintessential company town, where they produced chlorine and caustic soda, and in the process leached methylmercury (by the company's own estimates, up to 100 pounds per day) into the soils and the North fork of the Holston River. The site was declared a Superfund site in 1982.

In 1952, Mathieson Chemical Company, as it was known by then, acquired controlling interest in the pharmaceutical firm of E. R. Squibb and Sons (now part of Bristol-Myers Squibb). Afterward, the corporation diversified its interests into a wide variety of businesses, including plastics, cellophane, bauxite mining, automotive specialties, powder actuated nailing tools, and home construction. The Olin Ski Company manufactured camping and skiing gear. By 1988, however, Olin skis were produced under license by K2 Sports.

Olin Industries and Mathieson Chemical merged in 1954 to form the Olin Mathieson Chemical Corporation. The new company had 35,000 employees, 46 domestic and 17 foreign plants. The company manufactured phenoxy herbicides and anti-crop agents for Fort Detrick under contract to the U.S. Army Chemical Corps. The company also manufactured electric batteries, marketing them for use in flashlights. John Olin retired in 1963. The following year, the company brought in hardware-experienced executives to run Winchester. The new management team introduced cheap, stamped metal parts into the Winchester line, which eventually damaged the quality reputation Winchester had previously enjoyed.

1924 "Muck Dam Collapse"

Nearly 30 years prior to Olin acquiring Mathieson Chemical, a muck dam collapsed, sending a 30-foot wall of water, mud, mercury, and alkali down the Holston River valley into the company town of Palmertown, a community of Saltville, Virginia. Bodies, homes, and cars were washed as far as seven miles down the valley. In the aftermath of the flood, 19 people had died.

Corporate reduction (1969–2010)

The company became Olin Corporation in 1969 and subsequently began selling off many of its acquired businesses. Since then, Olin Corporation has been shrinking (except for a brief expansion in the early 1980s).

Olin was the first U.S. corporation to be prosecuted for violations of the arms embargo, and in 1978 was convicted for selling Winchester rifles to private dealers in South Africa. When charged, the Winchester Division affirmed in a legal brief that:

... the Winchester employees principally responsible for dealing with the State Department on export license matters over the years developed the belief that the Department was "winking" at the representation [by the company] that arms sent to South Africa were said to be destined for other countries.

After ongoing declines in its business at Winchester, on December 12, 1980, Olin made the decision to sell Winchester firearms to the firm's employees under the name US Repeating Arms Company. Olin, however, kept the Winchester brand name and licensed it to US Repeating Arms Company. Olin sold its European Winchester ammunition business, and also licensed the Winchester brand name, to GIAT (of Versailles, France). Olin transferred its ball propellant manufacturing plant to General Dynamics subsidiary St. Marks Powder in 1998. Olin spun off its specialty chemicals business on February 8, 1999, as Arch Chemicals, Inc. Olin afterwards focused more on its ammunition, brass and chlor-alkali businesses.

The ammunition business was strengthened by the Iraq and Afghanistan wars. After 2004, the Olin Corporation moved some manufacturing of its Winchester products from East Alton to Oxford, Mississippi, which started with the rimfire cartridge (.22LR) production, then its load and pack operations. After Olin moved production of its Winchester rimfire ammunition production to Mississippi in 2004, in 2006, Olin announced that it had entered into a new license agreement with Browning Arms Company to market Winchester brand rifles and shotguns. The new Winchester company was named U.S. Repeating Arms as a licensee of Olin Corporation, which still owned Winchester ammunition. In May 2007, Olin agreed to buy Pioneer Co. Inc., a chlor-alkali products maker, for $414 million. Olin announced the sale of its brass division in October 2007 to Global Brass and Copper, an affiliate of KPS Capital Partners, for $400 million. The sale included all of Olin's worldwide metals operations, including the A.J. Oster metals service centers. It sold a plant in East Alton in 2007, and moved production of centerfire ammunition to Oxford, Mississippi in 2010 from East Alton.

The McIntosh chlorine plant began using asbestos, a potent carcinogen, in 1978. The chemical was not safely contained, and employees regularly breathed it in and were not given protective equipment. The company was aware of the hazard and told workers that they could stay safe by preventing the material from becoming airborne. OSHA gave the company advance notice of its inspections, for which they regularly cleaned up the asbestos. The 2007 merger between Pioneer and Olin created the third-largest chlorine producer in the United States. In 2010, an equipment failure at the McIntosh plant released caustic soda into the atmosphere, and the plant frequently releases chlorine into the atmosphere. Residents have complained that they were not adequately informed of the leaks.

Spinoffs and joint ventures (2015–2022)

On March 27, 2015, Dow Chemical Company announced that it would spin off its chlorine and epoxy businesses and merge them with Olin Corporation. Dow earned around $5 billion in the deal including $2 billion in cash, with the new Olin to have revenue of around $7 billion, with Olin chairman and CEO Joseph D. Rupp to lead the new larger company. Separately, Dow also agreed to supply Olin with ethylene. On October 5, 2015, Olin successfully acquired Dow's U.S. Gulf Coast Chlor-Alkali and Vinyl, Global Chlorinated Organics, and Global Epoxy business units, in addition to 100 percent interest in the Dow Mitsui Chlor-Alkali joint venture. As of 2016, Olin president and CEO was John E. Fischer.

In 2016, an Olin Corp. facility on Dow Chemical property in Plaquemine near Baton Rouge had a chlorine leak which led to the evacuation of the Dow plant. In 2016, Olin Corp, which was still based in Missouri, announced it was laying off 100 workers, or around 80% of the facility's workforce, at a factory north of downtown Henderson, also halting chlorine production at the site. It also stopped production of lye, with the facility to be remade into a bleach factory and distribution center for various industrial chemicals. Olin also scaled back chlorine production at other factories in New York and Texas. In 2019, Olin announced it was closing two plants in Texas by the end of 2020. It was reported in 2020 that Sachem Head Capital Management had built a stake in Olin Corporation at 9.4%. At that time, Olin remained headquartered in Clayton, Missouri and had 12 directors on its board. In 2020, Scott M. Sutton was selected by the Olin board to succeed Fischer as CEO and president, with Fischer becoming executive chairman.

As of 2021, the Olin Chemical Superfund Site was still undergoing cleanup under Olin Corporation, with the EPA having managed the site 2006, and the 53-acre facility purchased by Olin in 1980. The EPA was overseeing the cleanup of a Olin Corp. facility in East Alton by 2021, taking public comments on Olin's proposed cleanup plan to contaminated soil and groundwater in July 2021. In 2021, Olin shut down half of its diaphragm-grade chlor alkali production at its facility in McIntosh, Alabama.

In 2022, Olin created a joint venture with Plug Power Inc., to produce 15 tons of "green" hydrogen per day at a plant in Louisiana, to be operational by 2023 according to the company. In 2022, it had seven production facilities in the United States and Canada dedicated to chlorine and caustic soda. The former Olin Corporation headquarters in East Alton, after being purchased by the Wieland Group, were razed in 2022. The structure had previously employed 1,800 people when Olin had used it as an ammunition production facility.

Products and divisions

As a producer of ammunition and industrial chemicals, in 2022, the Olin Corporation had three overall business segments: "Chlor-Alkali Products and Vinyls, Epoxy (epoxy materials and precursors), and Winchester (arms and ammunition)." The company produces chemicals such as chlorine, caustic soda, and hydrogen through a process involving the electrolysis of salt. The chemical branches of the business also produce vinyls, epoxies, chlorinated organics, bleach, and hydrochloric acid.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorMaterials industryChemicals employees7,849 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$6.78B
2023-12-31 → 2025-12-31
EPS$-0.88
2023-12-31 → 2025-12-31
Free Cash Flow$248M
2023-12-31 → 2025-12-31
Net margin-2.9%
2023-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend OLN 5Y avg Peer Median Verdict
P/E (TTM) -9.2 · · ·
P/S (TTM) 0.3 · 0.4 Fair value
P/B (MRQ) 1.1 · 2.2 Undervalued
EV / EBITDA 8.5 · 10.4 Fair value
Price / FCF (TTM) 18.0 · · ·
Price / Cash Flow (TTM) 5.9 · 8.5 Undervalued
EV / Revenue 0.7 · · ·
EV / FCF 18.0 · · ·
Price / Tangible Book (MRQ) 1.2 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Dividend Yield5.1%
Payout Ratio-90.6%
Annualized Payout≈$0.80Paid quarterly
5Y Div CAGR≈0.00%Per share, split-adjusted
Ex-dateAmountCurrencyYield
Aug 27, 2026$0.20USD≈4.6%
May 14, 2026$0.20USD≈2.9%
Mar 3, 2026$0.20USD≈3.3%
Nov 28, 2025$0.20USD≈3.8%
Aug 28, 2025$0.20USD≈3.5%
May 15, 2025$0.20USD≈3.8%
Mar 6, 2025$0.20USD≈3.2%
Nov 14, 2024$0.20USD≈1.9%
Aug 8, 2024$0.20USD≈1.9%
May 8, 2024$0.20USD≈1.4%
Mar 6, 2024$0.20USD≈1.4%
Nov 8, 2023$0.20USD≈1.9%
Aug 9, 2023$0.20USD≈1.4%
May 10, 2023$0.20USD≈1.5%
Mar 3, 2023$0.20USD≈1.3%
Nov 9, 2022$0.20USD≈1.5%
Aug 9, 2022$0.20USD≈1.5%
May 9, 2022$0.20USD≈1.3%
Mar 3, 2022$0.20USD≈1.6%
Nov 9, 2021$0.20USD≈1.3%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 140.1%
Next Report Oct 26, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Jul 27, 2026 $0.07 $0.10 -31.2%
March 31, 2026 $-0.32 $-0.64 49.7%
Dec. 31, 2025 $-0.58 $-0.62 6.5%
Sept. 30, 2025 $0.40 $0.08 381.3%
June 30, 2025 $0.06 $0.02 275.0%
March 31, 2025 $0.05 $-0.08 159.1%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 16
Metric Trend 20252024202320222021202020192018201720162015
Revenue $6.78B$6.54B$6.83B$9.38B$8.91B$5.76B$6.11B$6.95B$6.27B$5.55B$2.85B
Cost of Revenue $6.28B$5.80B$5.67B$7.19B$6.62B$5.37B$5.44B$5.82B$5.55B$4.94B$2.49B
Gross Profit $502M$738M$1.17B$2.18B·······
SG&A Expense $463M$408M$407M$394M$417M$422M$417M$431M$370M$347M$186M
Operating Income $5M$296M$712M$1.78B$1.85B$-747M$178M$677M$297M$108M$101M
Interest Expense $188M$184M$181M$144M$348M$293M$243M$243M$217M$192M$97M
Interest Income $4M$4M$4M$2M$200.0K$500.0K$1M$2M$2M$3M$1M
Other Non-op ··········$200.0K
Pretax Income $-161M$142M$559M$1.68B$1.54B$-1.02B$-37M$437M$117M$-34M$7M
Income Tax $-60M$37M$107M$349M$242M$-50M$-26M$109M$-432M$-30M$8M
Net Income $-101M$105M$452M$1.33B$1.30B$-970M$-11M$328M$550M$-4M$-1M
EPS (Basic) $-0.88$0.92$3.66$9.16$8.15$-6.14$-0.07$1.97$3.31$-0.02$-0.01
EPS (Diluted) $-0.88$0.91$3.57$8.94$7.96$-6.14$-0.07$1.95$3.26$-0.02$-0.01
Shares (Basic) 114,600,000117,800,000125,900,000144,900,000159,100,000157,900,000162,300,000166,800,000166,200,000165,200,000103,400,000
Shares (Diluted) 114,600,000119,500,000128,800,000148,500,000163,000,000157,900,000162,300,000168,400,000168,500,000165,200,000103,400,000
EBITDA $527M$815M$1.25B$2.38B$2.43B$-178M$775M$1.28B$890M$686M$330M
Balance Sheet 28
Metric Trend 20252024202320222021202020192018201720162015
Cash & Equivalents $168M$176M$170M$194M$180M$190M$221M$179M$218M$184M$392M
Short-term Investments $0$0$0$0$0$0$0$0$0$0$0
Receivables ······$760M$776M$733M$675M$783M
Inventory $784M$824M$859M$942M$868M$675M$696M$711M$683M$630M$685M
Other Current Assets $108M$61M$54M$53M$93M$67M$23M$35M$48M$31M$40M
Current Assets $1.97B$2.08B$1.97B$2.16B$2.25B$1.72B$1.71B$1.71B$1.70B$1.55B$1.93B
PP&E (Net) $2.20B$2.33B$2.52B$2.67B$2.91B$3.17B$3.32B$3.48B$3.58B$3.70B$3.95B
PP&E (Gross) $7.71B$7.52B$7.35B$7.09B$6.99B$6.89B$6.59B$6.26B$5.91B$5.60B$5.45B
Accum. Depreciation $5.51B$5.19B$4.83B$4.41B$4.08B$3.72B$3.27B$2.78B$2.33B$1.89B$1.50B
Goodwill $1.43B$1.42B$1.42B$1.42B$1.42B$1.42B$2.12B$2.12B$2.12B$2.12B$2.17B
Intangibles $174M$207M$246M$274M$332M$399M$448M$512M$578M$630M$678M
Other Non-current Assets $1.21B$1.19B$1.12B$1.10B$1.13B$1.19B$1.17B$1.15B$1.21B$644M$455M
Total Assets $7.33B$7.58B$7.71B$8.04B$8.52B$8.27B$9.19B$9.00B$9.22B$8.76B$9.29B
Accounts Payable $806M$862M$775M$838M$848M$729M$652M$636M$670M$571M$608M
Accrued Liabilities $630M$436M$450M$509M$458M$358M$329M$333M$274M$264M$328M
Current Liabilities $1.63B$1.63B$1.53B$1.56B$1.68B$1.20B$1.08B$1.12B$954M$923M$1.15B
Capital Leases $252M$243M$283M$292M$302M$292M$303M$0···
Deferred Tax $318M$430M$476M$507M$559M$443M$454M$519M$511M$1.03B$1.10B
Other Non-current Liabilities $337M$307M$340M$334M$362M$316M$794M$749M$752M$359M$336M
Total Liabilities $5.46B$5.52B$5.44B$5.50B$5.87B$6.82B$6.77B$6.17B$6.46B$6.49B$6.87B
Long-term Debt $2.72B$2.71B$2.59B$2.58B$2.78B$3.86B$3.34B$3.23B$3.61B$3.62B$3.85B
Total Debt $2.83B$2.84B$2.67B$2.58B$2.78B$3.86B$3.34B$3.23B$3.61B$3.62B$3.88B
Common Stock $114M$116M$120M$132M$157M$158M$158M$165M$167M$165M$165M
Retained Earnings $2.14B$2.36B$2.58B$2.22B$1.01B$-155M$941M$1.07B$790M$374M$510M
AOCI $-414M$-450M$-496M$-496M$-488M$-690M$-803M$-651M$-485M$-510M$-492M
Stockholders' Equity $1.84B$2.02B$2.23B$2.54B$2.65B$1.45B$2.42B$2.83B$2.75B$2.27B$2.42B
Liabilities + Equity $7.33B$7.58B$7.71B$8.04B$8.52B$8.27B$9.19B$9.00B$9.22B$8.76B$9.29B
Shares Outstanding 113,600,000115,700,000120,200,000132,300,000156,800,000158,000,000157,700,000165,300,000167,100,000165,400,000165,100,000
Cash Flow 18
Metric Trend 20252024202320222021202020192018201720162015
D&A $522M$518M$533M$599M$582M$568M$597M$601M$559M$534M$229M
Stock-based Comp $21M$17M$19M$14M$8M$14M$11M$12M$9M$8M$8M
Deferred Tax $-92M$-40M$-56M$-29M$-53M$-20M$-46M$35M$-455M$-35M$9M
Restructuring $33M$33M$90M$25M$28M$9M$76M$22M$38M$113M$3M
Other Non-cash $125M$-97M$27M$11M$-93M$826M$66M$-68M$-13M$101M$-27M
Operating Cash Flow $474M$503M$974M$1.92B$1.74B$433M$617M$908M$649M$603M$217M
CapEx $226M$195M$236M$237M$201M$299M$386M$385M$294M$278M$131M
Investing Cash Flow $-320M$-284M$-341M$-260M$-197M$-836M$-366M$-382M$-498M$-474M$-504M
Debt Issued $2.75B$1.08B$708M$415M$540M$1.83B·····
Net Debt Issued $-11M$170M$86M$-201M$-1.10B$-1.31B$-744M$-946M$-2.04B$-435M$-731M
Stock Repurchased $50M$300M$711M$1.35B$252M$0$146M$50M$0$0$0
Net Stock Activity $-50M$-300M$-711M$-1.35B$-252M$0$-146M$-50M·$0$0
Dividends Paid $92M$94M$101M$116M$128M$126M$129M$134M$133M$132M$80M
Financing Cash Flow $-163M$-213M$-657M$-1.65B$-1.55B$371M$-209M$-565M$-117M$-338M$422M
Net Change in Cash $-8M$5M$-24M$14M$-9M$-31M$42M$-40M$34M$-208M$135M
Taxes Paid $167M$106M$112M$357M$170M$-10M$36M$53M$18M$-3M$5M
Free Cash Flow $248M$308M$738M$1.69B$1.54B$120M$232M$523M$354M$325M$86M
Levered FCF $130M$171M$592M$1.57B$1.25B$-159M$157M$340M$-665M$303M$106M
Profitability 8
Metric Trend 20252024202320222021202020192018201720162015
Gross Margin 7.4%11.3%·········
Operating Margin 0.08%4.5%10.4%19.0%20.8%-13.0%2.9%9.8%5.3%2.8%3.5%
Net Margin -1.5%1.6%6.6%14.1%14.5%-16.8%-0.18%4.7%8.8%-0.07%-0.05%
Pretax Margin -2.4%2.2%8.2%17.9%17.3%-17.7%-0.60%6.3%1.9%-0.62%0.23%
EBITDA Margin 7.8%12.5%18.2%25.4%27.3%-3.1%12.7%18.4%14.2%12.4%11.6%
ROA -1.4%1.4%5.8%16.3%15.1%-11.7%-0.12%3.6%5.9%-0.04%-0.02%
ROE -5.2%5.1%19.8%52.1%51.5%-66.4%-0.44%11.4%21.8%-0.17%-0.08%
ROIC 0.07%4.5%11.7%27.5%28.7%-13.4%0.95%8.4%24.4%0.30%-0.33%
Liquidity & Solvency 5
Metric Trend 20252024202320222021202020192018201720162015
Current Ratio 1.21.31.31.41.31.41.61.51.81.71.7
Quick Ratio 0.10.10.10.10.10.20.90.91.00.91.0
Debt / Equity 1.51.41.21.01.02.71.41.11.31.61.6
LT Debt / Equity 1.51.31.21.01.02.61.41.11.31.61.5
Interest Coverage 0.01.63.912.45.3-2.60.72.81.50.81.0
Efficiency 3
Metric Trend 20252024202320222021202020192018201720162015
Asset Turnover 0.90.90.91.21.00.70.70.80.70.60.5
Inventory Turnover 7.87.06.27.67.88.47.88.18.17.95.4
Receivables Turnover ······8.07.88.67.85.3
Per Share 7
Metric Trend 20252024202320222021202020192018201720162015
Book Value / Share $16.19$17.49$18.57$19.23$16.91$9.18$15.33$17.13$16.48$13.74$14.65
Revenue / Share $59.17$54.73$53.05$63.14$54.67$36.47$37.65$41.25$37.20$33.60$27.61
Cash Flow / Share $4.14$4.21$7.56$12.94$10.68$2.65$3.80$5.39$3.85$3.65$2.10
Cash / Share $1.48$1.52$1.42$1.47$1.15$1.20$1.40$1.08$1.31$1.12$2.37
Dividend / Share $0.80$0.80$0.80$0.80$0.80$0.80$0.80$0.80$0.80$0.80$0.80
Dividend Paid / Share ·····$0.80$0.80$0.80$0.80$0.80$0.80
EPS (TTM) $-0.88$0.91$3.57$8.94$7.96$-6.14$-0.07$1.95$3.26$-0.02$-0.01
Growth Rates 8
Metric Trend 20252024202320222021202020192018201720162015
Revenue YoY 3.7%-4.3%-27.1%5.2%54.8%······
Revenue CAGR 3Y -10.2%-9.8%5.9%········
Revenue CAGR 5Y 3.3%··········
EPS YoY ·-74.5%-60.1%12.3%·······
EPS CAGR 3Y ·-51.5%·········
Net Income YoY ·-76.8%-65.9%2.3%·······
Net Income CAGR 3Y ·-56.7%·········
Dividends Paid CAGR 5Y -6.2%··········
Valuation (TTM) 17
Metric Trend 20252024202320222021202020192018201720162015
Revenue TTM $6.78B$6.54B$6.83B$9.38B$8.91B$5.76B$6.11B$6.95B$6.27B$5.55B$2.85B
Net Income TTM $-101M$105M$452M$1.33B$1.30B$-970M$-11M$328M$550M$-4M$-1M
Market Cap $2.37B$3.91B$6.48B$7.00B$9.02B$3.88B$2.72B$3.32B$5.95B$4.24B$2.85B
Enterprise Value $5.03B$6.58B$8.98B$9.39B$11.62B$7.55B$5.84B$6.38B$9.34B$7.67B$6.34B
P/E -23.737.115.15.97.2-4.0-246.410.310.9-1280.5-1726.0
P/S 0.30.60.90.71.00.70.40.50.90.81.0
P/B 1.31.92.92.83.42.71.11.22.21.91.2
P / Tangible Book 10.010.011.58.310.0······
P / Cash Flow 5.07.86.73.65.29.34.43.79.27.013.1
P / FCF 9.512.78.84.25.932.511.76.416.813.033.1
EV / EBITDA 9.58.17.23.94.8-42.47.55.010.511.219.2
EV / FCF 20.321.312.25.67.563.225.212.226.323.673.5
EV / Revenue 0.71.01.31.01.31.31.00.91.51.42.2
Dividend Yield 3.9%2.4%1.6%1.7%1.4%3.2%4.8%4.0%2.2%3.1%2.8%
Earnings Yield -4.2%2.7%6.6%16.9%13.8%-25.0%-0.41%9.7%9.2%-0.08%-0.06%
Payout Ratio -90.6%89.7%22.4%8.8%9.9%-13.0%-1144.2%40.7%24.2%-3387.2%-5678.6%
Annual Payout $92M$94M$101M$116M$128M$126M$129M$134M$133M$132M$80M

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312025-06-302025-03-312024-12-312024-09-30
Revenue $6.78B · · $6.54B ·
Gross Margin % 7.4% · · 11.3% ·
Operating Margin % 0.08% · · 4.5% ·
Net Income $-101M · · $105M ·
Diluted EPS $-0.88 · · $0.91 ·

Institutional owners (13F) 451 filers · $2.5B total · As of June 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 451
Value held $2.5B
New positions 69
Exited positions 73
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
69 (-60 vs prior Q) 73 (+17 vs prior Q) 145 (-6 vs prior Q) 129 (+40 vs prior Q) +639K

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC $317,540,461 16,021,214 12.47% Shares
BlackRock, Inc. $237,527,921 11,984,254 9.33% Shares
VANGUARD GROUP INC $236,166,687 11,337,815 9.28% Shares
DIMENSIONAL FUND ADVISORS LP $122,229,374 6,166,477 4.80% Shares
AQR CAPITAL MANAGEMENT LLC $109,214,844 5,510,335 4.29% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $107,969,014 5,447,478 4.24% Shares
VANGUARD CAPITAL MANAGEMENT LLC $101,846,497 5,138,572 4.00% Shares
STATE STREET CORP $95,131,798 4,799,788 3.74% Shares
FULLER & THALER ASSET MANAGEMENT, INC. $85,257,521 4,301,590 3.35% Shares
YACKTMAN ASSET MANAGEMENT LP $83,430,367 4,209,403 3.28% Shares
PZENA INVESTMENT MANAGEMENT LLC $77,103,843 3,890,204 3.03% Shares
GOLDMAN SACHS GROUP INC $50,543,087 2,550,105 1.99% Shares
CITADEL ADVISORS LLC $44,274,233 2,233,816 1.74% Shares
SEMPER AUGUSTUS INVESTMENTS GROUP LLC $42,688,822 2,153,826 1.68% Shares
GEODE CAPITAL MANAGEMENT, LLC $41,777,499 2,107,148 1.64% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $30,585,471 1,543,162 1.20% Shares
MORGAN STANLEY $27,442,998 1,384,610 1.08% Shares
CAPTRUST FINANCIAL ADVISORS $26,201,064 1,321,951 1.03% Shares
BANK OF AMERICA CORP /DE/ $25,448,912 1,284,002 1.00% Shares
Bank of New York Mellon Corp $23,785,113 1,200,056 0.93% Shares
JPMORGAN CHASE & CO $20,439,274 976,669 0.80% Shares
NORTHERN TRUST CORP $19,912,599 1,004,672 0.78% Shares
Allianz Asset Management GmbH $19,279,092 972,709 0.76% Shares
Invesco Ltd. $15,446,282 779,328 0.61% Shares
VICTORY CAPITAL MANAGEMENT INC $15,329,382 773,430 0.60% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $15,168,246 765,300 0.60% Call option
BRIDGEWAY CAPITAL MANAGEMENT, LLC $14,758,091 744,606 0.58% Shares
UBS Group AG $14,271,272 720,044 0.56% Shares
VANGUARD FIDUCIARY TRUST CO $14,260,748 719,513 0.56% Shares
RAYMOND JAMES FINANCIAL INC $13,544,961 683,398 0.53% Shares
FMR LLC $12,207,615 615,925 0.48% Shares
Nuveen, LLC $11,579,815 584,249 0.45% Shares
PDT Partners, LLC $11,075,535 558,806 0.44% Shares
Gotham Asset Management, LLC $10,955,981 552,774 0.43% Shares
JANE STREET GROUP, LLC $10,034,866 506,300 0.39% Call option
Empowered Funds, LLC $10,010,012 505,046 0.39% Shares
TWO SIGMA INVESTMENTS, LP $9,735,901 491,216 0.38% Shares
SEGALL BRYANT & HAMILL, LLC $9,729,816 490,909 0.38% Shares
FIRST TRUST ADVISORS LP $9,576,518 483,174 0.38% Shares
Cubist Systematic Strategies, LLC $9,414,433 376,728 0.37% Shares
MetLife Investment Management, LLC $9,066,441 457,439 0.36% Shares
Balyasny Asset Management L.P. $8,975,864 452,869 0.35% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $8,966,182 301,587 0.35% Shares
KLCM Advisors, Inc. $8,884,870 448,278 0.35% Shares
CenterBook Partners LP $8,752,215 441,585 0.34% Shares
Retirement Systems of Alabama $8,544,461 431,103 0.34% Shares
Connor, Clark & Lunn Investment Management Ltd. $8,494,892 428,602 0.33% Shares
Quantinno Capital Management LP $8,445,948 426,132 0.33% Shares
GRIZZLYROCK CAPITAL, LLC $7,830,763 395,094 0.31% Shares
AMERICAN CENTURY COMPANIES INC $7,037,810 355,085 0.28% Shares

Show all 451 institutional owners →

Activists & 5%+ owners 3 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
OR ×7 filings Nov. 15, 2022 · Initial filing · SEC
Adage Capital Partners, L.P., Adage Capital Partners GP, L.L.C., Adage Capital Advisors, L.L.C., Robert Atchinson, Phillip Gross ×3 filings Oct. 13, 2015 · Initial filing · SEC
Point72 Asset Management, L.P., Point72 Capital Advisors, Inc., Cubist Systematic Strategies, LLC, EverPoint Asset Management, LLC, Rubric Capital Management, LLC, Steven A. Cohen ×5 filings Oct. 6, 2015 · Initial filing Passive investment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 65 insiders · 36 officers · 28 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Kenneth Todd Lane President & CEO March 18, 2026 M 100,287 0 0 $0
Scott Mcdougald Sutton President & CEO Jan. 30, 2024 M 90,327 0 0 $0
Clive A Grannum President, GCO Feb. 12, 2016 A 6,481 0 0 $0
Frank W Chirumbole President, Chlor Alkali Prod. Feb. 12, 2016 A 24,900 0 0 $0
James A Varilek EVP & COO Nov. 18, 2022 M 17,761 0 0 $0
Deon Carter VP & President CAPV June 17, 2026 M 2,248 0 1 $-154,245
Florian J Kohl VP & Pres,Epoxy&International June 1, 2026 M 7,949 0 0 $0
Marc Ehrhardt VP & Pres Corp Development May 1, 2026 M 25,829 0 0 $0
Angela M Castle VP & Chief Legal Officer Feb. 20, 2026 M 1,528 0 1 $-57,691
Teresa M Vermillion VP & Treasurer Feb. 20, 2026 M 18,922 0 1 $-93,870
Brett A Flaugher VP & Pres, Winchester Feb. 20, 2026 M 4,674 0 0 $0
Nichole R Sumner VP & Controller Feb. 20, 2026 M 26,147 0 1 $-106,828
Dana C. O'Brien SVP, Chief Legal Officer Feb. 20, 2025 A 2,098 0 0 $0
Patrick Murphy Schumacher VP & President, CAPV Feb. 22, 2024 A · 0 0 $0
Damian Gumpel VP Corp Strategy Feb. 22, 2024 A 34,539 0 0 $0
Valerie A Peters VP, HR Feb. 22, 2024 A 18,516 0 0 $0
Pat D Dawson EVP Feb. 22, 2022 A 21,551 0 0 $0
John E. Fischer Executive Chairman Feb. 15, 2021 A 235,158 0 0 $0
John Maurice Sampson EVP, Business Operations Feb. 18, 2020 A 59,996 0 0 $0
John L Mcintosh EVP, Synergies & Systems Feb. 18, 2020 A 85,838 0 0 $0
Eric A Blanchard VP, General Counsel & Secty Feb. 18, 2020 A 2,415 0 0 $0
Dolores J Ennico VP, Human Resources Aug. 21, 2018 A 39,489 0 0 $0
Thomas J Okeefe SVP, Ammunition Feb. 16, 2018 A 49,706 0 0 $0
George H Pain SVP, Gen. Counsel & Secretary Feb. 6, 2017 S 64,866 0 0 $0
Joseph D Rupp Chairman Nov. 14, 2016 M 639,473 0 0 $0
Scott Richard Abel VP, Chlorine-CoProd.-Distribut Feb. 12, 2016 A · 0 0 $0
Gbruce Greer VP, Strategic Planning & IT Feb. 12, 2016 A 6,480 0 0 $0
Robert F Steel VP & President, K. A. Steel Feb. 10, 2014 A · 0 0 $0
Kenneth A Steel Jr VP & Exec. VP, K.A. Steel Aug. 23, 2012 A · 0 0 $0
Richard M Hammett VP & President, Winchester Div Feb. 28, 2011 F 24,182 0 0 $0
Dennis R Mcgough Vice President April 30, 2009 F 19,750 0 0 $0
Jeffrey J Haferkamp Vice President Aug. 22, 2007 A 5,825 0 0 $0
Janet M Pierpont Vice President and Treasurer Dec. 31, 2004 M 10,995 0 0 $0
Thomas M Gura Executive Vice President Nov. 10, 2004 I 4,552 0 0 $0
Mary E Gallagher Vice President & Controller July 29, 2004 A 500 0 0 $0
George B Erensen Vice President July 29, 2004 A 8,288 0 0 $0
Edward Daly Director May 1, 2026 A · 0 0 $0
Matthew S Darnall Director May 1, 2026 A · 0 0 $0
Beverley A Babcock Director May 1, 2026 A 5,625 0 0 $0
Earl L Shipp Director May 1, 2026 A 10,160 0 0 $0
Julie A Piggott Director May 1, 2026 A 761 0 0 $0
Anthony W Will Director May 1, 2025 A 10,000 0 0 $0
Robert C Bunch Director May 1, 2024 A 0 0 0 $0
Heidi S Alderman Director Feb. 1, 2023 S 0 0 0 $0
Gray G Benoist Director Sept. 10, 2021 A 11,579 0 0 $0
John Mb Oconnor Director May 3, 2021 S 335 0 0 $0
Vince J Smith Director March 1, 2021 A 41,006 0 0 $0
Barnes W Hauptfuhrer Director March 1, 2021 A 3,702 0 0 $0
Randall W Larrimore Director March 2, 2020 A 62,793 0 0 $0
Donald W Bogus Director May 9, 2019 A 111,618 0 0 $0
Stephanie A Streeter Director Aug. 9, 2018 A 928 0 0 $0
Richard M Rompala Director March 9, 2018 A 50,500 0 0 $0
Philip J Schulz Director March 10, 2017 A 46,661 0 0 $0
Anthony W Ruggiero Director June 10, 2008 A 14,820 0 0 $0
Virginia A Kamsky Director Feb. 14, 2008 A 5,280 0 0 $0
GRIFFIN DONALD W Director Feb. 8, 2007 A 78,169 0 0 $0
James G Hascall Director Feb. 9, 2006 A 4,793 0 0 $0
William W Higgins Director June 10, 2005 A · 0 0 $0
Michael Coleman Director May 13, 2004 A 1,055 0 0 $0
George J Ratcliffe Director March 10, 2004 A 2,000 0 0 $0
Carol A Williams · May 1, 2026 A 7,947 0 0 $0
William H Weideman · May 1, 2026 A 13,140 0 0 $0
Todd A Slater · Feb. 20, 2026 M 49,543 0 1 $-2,073,780
Stephen C Curley · March 1, 2018 M 19,587 0 0 $0
Peter C Kosche · Nov. 8, 2004 I 5,290 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 63 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
ZIG · ETF Series Solutions 2.72% 46,596 NS July 31, 2026 N-PORT
FXZ · First Trust Exchange-Traded AlphaDE… 2.39% 474,417 NS July 31, 2026 N-PORT
CVSM · Elevation Series Trust 1.58% 80,821 NS July 31, 2026 N-PORT
RFV · Invesco Exchange-Traded Fund Trust 1.20% 247,119 SH Oct. 1, 2026 Daily
FYT · First Trust Exchange-Traded AlphaDE… 0.34% 35,493 NS July 31, 2026 N-PORT
RWK · Invesco Exchange-Traded Fund Trust … 0.25% 200,909 SH Oct. 1, 2026 Daily
JPME · J.P. Morgan Exchange-Traded Fund Tr… 0.22% 54,887 NS July 31, 2026 N-PORT
EQAL · Invesco Exchange-Traded Fund Trust … 0.22% 110,657 SH Oct. 1, 2026 Daily
MCOW · Pacer Funds Trust 0.22% 124 NS July 31, 2026 N-PORT
IYM · iShares Trust 0.19% 132,186 SH Sept. 11, 2026 Daily
FYX · First Trust Exchange-Traded AlphaDE… 0.18% 132,038 NS July 31, 2026 N-PORT
VAW · VANGUARD WORLD FUND 0.15% 334,167 SH Aug. 19, 2026 Daily
FMAT · FIDELITY COVINGTON TRUST 0.14% 44,337 NS July 31, 2026 N-PORT
DFSV · Dimensional ETF Trust 0.14% 607,999 NS July 31, 2026 N-PORT
IVOV · VANGUARD ADMIRAL FUNDS 0.13% 97,818 SH Aug. 19, 2026 Daily
JPUS · J.P. Morgan Exchange-Traded Fund Tr… 0.11% 26,341 NS July 31, 2026 N-PORT
BKSE · BNY Mellon ETF Trust 0.09% 4,265 NS July 31, 2026 N-PORT
ACVF · ETF Opportunities Trust 0.08% 6,832 NS July 31, 2026 N-PORT
BBSC · J.P. Morgan Exchange-Traded Fund Tr… 0.08% 29,493 NS July 31, 2026 N-PORT
FAB · First Trust Exchange-Traded AlphaDE… 0.07% 6,139 NS July 31, 2026 N-PORT
IVOO · VANGUARD ADMIRAL FUNDS 0.06% 183,772 SH Aug. 19, 2026 Daily
PTMC · Pacer Funds Trust 0.06% 12,261 NS July 31, 2026 N-PORT
QVMM · Invesco Exchange-Traded Fund Trust … 0.06% 15,114 SH Oct. 1, 2026 Daily
VBR · VANGUARD INDEX FUNDS 0.05% 1,654,975 SH Aug. 19, 2026 Daily
DFAT · Dimensional ETF Trust 0.05% 368,368 NS July 31, 2026 N-PORT
MIDU · Direxion Shares ETF Trust 0.05% 1,673 NS July 31, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.04% 361,151 NS July 31, 2026 N-PORT
DXUV · Dimensional ETF Trust 0.03% 10,012 NS July 31, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS 0.03% 1,306,946 SH Aug. 19, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.03% 2,611,660 SH Aug. 19, 2026 Daily
SMMD · iShares Trust 0.03% 60,949 SH Sept. 11, 2026 Daily
ISCG · iShares Trust 0.03% 14,652 SH Sept. 11, 2026 Daily
PRF · Invesco Exchange-Traded Fund Trust 0.03% 161,184 SH Oct. 1, 2026 Daily
REVS · Columbia ETF Trust I 0.02% 3,978 NS July 31, 2026 N-PORT
TILT · FlexShares Trust 0.02% 23,700 NS July 31, 2026 N-PORT
IWS · iShares Trust 0.02% 168,661 SH Sept. 10, 2026 Daily
WSML · iShares Trust 0.02% 7,020 SH Sept. 11, 2026 Daily
IWR · iShares Trust 0.01% 461,502 SH Sept. 11, 2026 Daily
DFUV · Dimensional ETF Trust 0.01% 101,848 NS July 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.01% 305,750 NS July 31, 2026 N-PORT
NEAR · iShares U.S. ETF Trust 0.01% 587,000 SH Sept. 9, 2026 Daily
RECS · Columbia ETF Trust I 0.01% 35,397 NS July 31, 2026 N-PORT
SMDX · Tidal Trust III 0.01% 735 NS July 31, 2026 N-PORT
VYM · VANGUARD WHITEHALL FUNDS 0.01% 457,607 SH Aug. 19, 2026 Daily
VONV · VANGUARD SCOTTSDALE FUNDS 0.01% 68,539 SH Aug. 19, 2026 Daily
DCOR · Dimensional ETF Trust 0.01% 17,992 NS July 31, 2026 N-PORT
IUSV · iShares Trust 0.01% 96,417 SH Sept. 11, 2026 Daily
IWD · iShares Trust 0.01% 251,993 SH Sept. 11, 2026 Daily
DFAU · Dimensional ETF Trust 0.00% 25,857 NS July 31, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.00% 35,285 NS July 31, 2026 N-PORT
IWV · iShares Trust 0.00% 34,370 SH Sept. 9, 2026 Daily
ITOT · iShares Trust 0.00% 159,075 SH Sept. 11, 2026 Daily
IWB · iShares Trust 0.00% 79,830 SH Sept. 11, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.00% 3,624,124 SH Aug. 19, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.00% 91,975 SH Aug. 19, 2026 Daily
VONE · VANGUARD SCOTTSDALE FUNDS 0.00% 18,847 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 9,693 SH Aug. 19, 2026 Daily
IJH · iShares Trust · 3,995,853 SH Sept. 11, 2026 Daily
IJJ · iShares Trust · 582,071 SH Aug. 21, 2026 Daily
IFRA · iShares Trust · 179,277 SH Sept. 11, 2026 Daily
ISCB · iShares Trust · 4,804 SH Sept. 11, 2026 Daily
ISCV · iShares Trust · 14,325 SH Sept. 11, 2026 Daily
SMLF · iShares Trust · 81,833 SH Sept. 11, 2026 Daily

OLN Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 20 analysts HOLD
Median target $20.00 +25.8%
0 0.0% Strong Buy
1 5.0% Buy
13 65.0% Hold
5 25.0% Sell
1 5.0% Strong Sell

12-Month Price Target

15 analysts · 2026-10-02

Mean target $20.73 +30.4%

← Below all targets Current price $15.90
Low$16.00 Mean$20.73 High$30.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
OLN $2.37B -23.7 3.7% -1.5% -5.2% 7.4%
DOW · -6.3 -7.0% -6.1% -14.9% ·
WLK · -6.3 -8.0% -13.5% -15.6% 7.3%
CBT $4.02B 12.6 -7.0% 8.9% 22.2% 25.3%
HWKN $3.16B 38.9 11.2% 7.5% 15.7% 22.6%
KRO $508M -4.6 -1.5% -6.0% -13.9% 11.5%
PCT · · · · · ·
KOP $527M 9.9 -10.2% 3.0% 10.5% ·
WLKP · · 2.7% 4.2% · 29.8%
MATV $664M -2.0 0.30% -17.0% -73.7% 18.3%
TROX $661M -1.4 -5.7% -16.2% -29.6% 9.3%

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26

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Source: SEC 10-Q filed Jul 31, 2026