# Olin Corporation (OLN)

> Source: Nexqual · https://nexqual.com/OLN · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, Olin Corporation (OLN), nexqual.com/OLN" · informational, not investment advice.

**Price:** USD 15.55 (+3.46% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 15.03 · day 14.85–15.75 · 52w 14.64–30.46 · market cap $1.77B · NYQ

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $6.70B, net income -$196M (-2.9% margin), free cash flow $101M (SEC filings).
- 4 of 80 tracked superinvestors hold OLN (13F, Q2 2026): 0 new, 2 added, 2 reduced, 0 unchanged.
- Analysts: Hold (mean 2.94 on a 1–5 scale) (16 analysts), mean target USD 19.81 (range 16–30).
- Total return with dividends: 1Y -32.6% vs S&P 500 +18.1%; 5Y -64.7% vs S&P 500 +85.1%.
- Next earnings: 2026-10-29, EPS estimate USD 0.17, revenue estimate $1.84B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $8.91B | $9.38B | $6.83B | $6.54B | $6.78B | $6.70B |
| Gross profit | $2.29B | $2.18B | $1.17B | $738M | $502M | — |
| Operating income | $1.85B | $1.78B | $712M | $297M | $5.3M | -$106M |
| Net income | $1.30B | $1.33B | $452M | $105M | -$101M | -$196M |
| EPS (diluted) | $7.96 | $8.94 | $3.57 | $0.91 | -$0.88 | — |
| Free cash flow | $1.54B | $1.69B | $738M | $308M | $248M | $101M |
| Gross margin | 25.7% | 23.3% | 17.1% | 11.3% | 7.4% | — |
| Operating margin | 20.8% | 19.0% | 10.4% | 4.5% | 0.1% | -1.6% |
| Net margin | 14.6% | 14.2% | 6.6% | 1.6% | -1.5% | -2.9% |
| Revenue growth | +54.8% | +5.2% | -27.1% | -4.3% | +3.7% | — |
| Cash + short-term investments | $181M | $194M | $170M | $176M | $168M | — |
| Total debt | $2.78B | $2.58B | $2.67B | $2.84B | $2.83B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/S 0.3x · P/FCF 17.6x · P/B 1.0x · FCF yield 5.68% · Earnings yield -11.05% · Dividend yield (paid, TTM) 5.15% · Buyback yield (TTM) 1.14%
P/E at fiscal year-ends: Dec 2024 38.5x, Dec 2023 15.4x.

## Superinvestors (SEC 13F-HR, Q2 2026)
4 of 80 tracked investors hold OLN. Change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Christopher Bloomstran | Semper Augustus | 4.83% | $42.7M | Added +6.1% |
| Yacktman Asset Management |  | 1.03% | $83.4M | Added +2.9% |
| Richard Pzena | Pzena Investment Management | 0.23% | $77.1M | Reduced -12.2% |
| First Eagle Investment | First Eagle Investment Management | <0.01% | $797K | Reduced -81.2% |

## Analysts
Consensus Hold (mean 2.94 on a 1–5 scale), 16 analysts; mean target USD 19.81 (low 16, high 30).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-13 | RBC Capital | Target lowered | Sector Perform | $20 → $16 |
| 2026-10-13 | Barclays | Initiated | Equal-Weight | $18 |
| 2026-10-05 | UBS | Target lowered | Neutral | $21 → $18 |
| 2026-10-01 | Wells Fargo | Target lowered | Equal-Weight | $20 → $16 |
| 2026-09-30 | Citigroup | Target lowered | Neutral | $19 → $17 |
| 2026-09-11 | Keybanc | Initiated | Overweight | $26 |
| 2026-08-25 | Deutsche Bank | Target lowered | Hold | $30 → $20 |
| 2026-08-04 | Goldman Sachs | Target lowered | Neutral | $24 → $20 |
| 2026-08-04 | Wells Fargo | Downgrade | Overweight → Equal-Weight | $25 → $20 |
| 2026-08-03 | UBS | Target lowered | Neutral | $23 → $21 |
| 2026-08-03 | RBC Capital | Target lowered | Sector Perform | $24 → $20 |
| 2026-08-03 | Truist Securities | Target lowered | Hold | $24 → $20 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) | 5Y (from 2021-10-11) |
|---|---|---|
| Total return | -32.6% | -64.7% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | -32.7% | -18.8% |
| Volatility (annualized) | 53.1% | 44.6% |
| Max drawdown | -50.3% (Apr 2026→Oct 2026) | -75.3% (May 2022→Oct 2026) |

## Peers (Chemicals)
HUN (Huntsman Corporation) USD 8.56 +4.90% · REX (REX American Resources Corporat) USD 41.84 -2.11% · GPRE (Green Plains, Inc.) USD 14.29 -8.28% · LXU (LSB Industries, Inc.) USD 10.46 +2.25% · WLKP (Westlake Chemical Partners LP) USD 20.84 -1.23% · BAK (Braskem SA) USD 1.81 -3.21%

## More
Full page: https://nexqual.com/OLN · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt