Olin Corporation Common Stock (OLN)

FairStock Score: 34/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at Olin as a cyclical chemical company with a proud but uneven record. The Chlor Alkali, Epoxy, and Winchester segments give it some diversification, but the numbers now are poor. In fiscal 2024, the year ended 2024-12-31, Olin earned $105.0 million, or $0.91 per diluted share, after earning $452.0 million, or $3.57 per diluted share, in fiscal 2023, the year ended 2023-12-31. Then fiscal 2025, the year ended 2025-12-31, swung to a net loss of $101.1 million, or $0.88 per diluted share. In fiscal Q1 2026, the quarter ended 2026-03-31, the loss was $83.0 million, or $0.73 per diluted share; in fiscal Q2 2026, the quarter ended 2026-06-30, the loss narrowed to $13.3 million, or $0.12 per diluted share. Revenue was $1.7 billion in that latest quarter, down from $1.8 billion in fiscal Q2 2025, the quarter ended 2025-06-30. The balance sheet is the main worry. Debt-to-equity is 1.99, and FairStock's Altman Z-Score calculation is 0.92, a level that usually signals financial stress. Return on capital is only 1.07%, and return on equity is negative 10.59%. On the positive side, trailing free cash flow is $100.6 million, a 5.9% FCF yield, and the 4.75% dividend yield is supported by that cash flow for now. At the 2026-10-13 close of $14.87, the price-to-book calculation is 0.99, and the P/E is negative 8.60 because of losses. EV/EBITDA is 12.06, not statistically cheap for a struggling chemical maker. The FairStock Score is 34/100, and the Lynch category is turnaround. I would want evidence that earnings and returns are genuinely recovering before calling this a bargain.

In plain English: Olin makes chemical products and also owns Winchester. The business looks weak right now: it lost money in fiscal 2025 and in the first half of 2026, and it carries a lot of debt. At $14.87 a share, the price is near the low end of its yearly range and close to its accounting value, so it does not look clearly cheap or expensive; it looks like a troubled company waiting for a turnaround.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer