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OLIN Corp (OLN) Fundamental Analysis & AI Grade 2026

OLN NYSE Chemicals & Allied Products VA CIK: 0000074303
Updated This Month • Analysis: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
80% Confidence
AGREEMENT
D
95% Conf
C
66% Conf

📊 OLN Key Takeaways

Revenue: $1.6B
Net Margin: -5.2%
Free Cash Flow: $-92.3M
Current Ratio: 1.36x
Debt/Equity: 1.73x
EPS: $-0.73
AI Grade: D with 95% confidence
OLIN Corp (OLN) receives a C fundamental grade with 80% confidence from our AI analysis based on SEC 10-K filings. With revenue of $1.6B, net profit margin of -5.2%, and return on equity (ROE) of -4.8%, OLIN Corp demonstrates mixed fundamentals in the Materials sector. Below is our complete OLN stock analysis for 2026.

Is OLIN Corp (OLN) a Good Investment?

Claude

Olin Corp is in severe financial distress with negative profitability across all metrics, negative free cash flow of -$92.3M, and unsustainable leverage of 1.73x debt-to-equity. The company cannot service its $3.0B debt burden from operations (interest coverage of -1.8x) and is burning cash with deteriorating trends, creating material risk of covenant violations or restructuring.

ChatGPT

Fundamentals are weak: margins are near breakeven, net income is negative, and interest coverage is effectively zero, indicating elevated financial risk. While revenue edged higher and free cash flow is positive, liquidity is tight and leverage is meaningful, leaving limited buffer until margins recover. Evidence of sustained margin improvement and restored coverage is needed before a more constructive view.

OLIN Corp Key Strengths (OLN)

Claude
  • + Revenue growing 3.7% YoY despite profitability challenges
  • + Maintains $192.2M in cash reserves providing near-term liquidity buffer
  • + Large asset base of $7.4B provides potential collateral or asset sale optionality
ChatGPT
  • + Positive free cash flow ($247.9M; 3.7% margin) despite GAAP loss
  • + Revenue growth of 3.7% YoY on a $6.78B base
  • + Gross profit of $501.5M offers operating leverage if pricing/costs improve

OLN Stock Risks: OLIN Corp Investment Risks

Claude
  • ! Negative net income of -$83.0M with gross margin of only 4.8% indicates fundamental business profitability crisis
  • ! Negative free cash flow of -$92.3M with negative operating cash flow unsustainable without external financing
  • ! High leverage (1.73x debt/equity, $3.0B LT debt) with negative interest coverage (-1.8x) creates debt service distress risk
  • ! Quick ratio of 0.82x below 1.0 indicates liquidity stress and potential working capital constraints
  • ! Operating margins of -4.9% and deteriorating net income trends suggest structural rather than cyclical challenges
ChatGPT
  • ! Profitability under pressure: 0.1% operating margin and -1.5% net margin
  • ! Interest coverage at 0.0x with $2.85B long-term debt heightens solvency risk
  • ! Tight liquidity: 0.73x quick ratio and $167.6M cash constrain flexibility

Key Metrics to Watch

Claude
  • * Operating cash flow trend and timeline to positive FCF
  • * Interest coverage ratio and debt covenant compliance status
  • * Gross margin recovery with pricing power or cost structure improvements
  • * Quarterly cash burn rate and debt refinancing needs
ChatGPT
  • * Operating margin
  • * Interest coverage

OLIN Corp (OLN) Financial Metrics & Key Ratios

Revenue
$1.6B
Net Income
$-83.0M
EPS (Diluted)
$-0.73
Free Cash Flow
$-92.3M
Total Assets
$7.4B
Cash Position
$192.2M

💡 AI Analyst Insight

OLIN Corp presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

OLN Profit Margin, ROE & Profitability Analysis

Gross Margin 4.8%
Operating Margin -4.9%
Net Margin -5.2%
ROE -4.8%
ROA -1.1%
FCF Margin -5.8%

OLN vs Materials Sector: How OLIN Corp Compares

How OLIN Corp compares to Materials sector averages

Net Margin
OLN -5.2%
vs
Sector Avg 10.0%
OLN Sector
ROE
OLN -4.8%
vs
Sector Avg 14.0%
OLN Sector
Current Ratio
OLN 1.4x
vs
Sector Avg 1.6x
OLN Sector
Debt/Equity
OLN 1.7x
vs
Sector Avg 0.6x
OLN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is OLIN Corp Stock Overvalued? OLN Valuation Analysis 2026

Based on fundamental analysis, OLIN Corp shows some fundamental concerns relative to the Materials sector in 2026.

Return on Equity
-4.8%
Sector avg: 14%
Net Profit Margin
-5.2%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.73x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

OLIN Corp Balance Sheet: OLN Debt, Cash & Liquidity

Current Ratio
1.36x
Quick Ratio
0.82x
Debt/Equity
1.73x
Debt/Assets
76.4%
Interest Coverage
-1.81x
Long-term Debt
$3.0B

OLN Revenue & Earnings Growth: 5-Year Financial Trend

OLN 5-year financial data: Year 2021: Revenue $8.9B, Net Income -$11.3M, EPS $-0.07. Year 2022: Revenue $9.4B, Net Income -$969.9M, EPS $-6.14. Year 2023: Revenue $9.4B, Net Income $1.3B, EPS $7.96. Year 2024: Revenue $9.4B, Net Income $1.3B, EPS $8.94. Year 2025: Revenue $6.8B, Net Income $452.0M, EPS $3.57.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: OLIN Corp's revenue has declined by 23% over the 5-year period, indicating business contraction. The most recent EPS of $3.57 reflects profitable operations.

OLN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-5.8%
Free cash flow / Revenue

OLN Quarterly Earnings & Performance

Quarterly financial performance data for OLIN Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $1.6B $1.2M $0.01
Q3 2025 $1.6B $42.1M $-0.21
Q2 2025 $1.6B -$1.6M $0.00
Q1 2025 $1.6B $1.2M $0.01
Q3 2024 $1.6B $94.9M $-0.21
Q2 2024 $1.6B $120.1M $0.62
Q1 2024 $1.6B $47.8M $0.40
Q3 2023 $1.7B $104.5M $0.82

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

OLIN Corp Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$48.6M
Cash generated from operations
Capital Expenditures
$43.7M
Investment in assets
Dividends Paid
$22.8M
Returned to shareholders

OLN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for OLIN Corp (CIK: 0000074303)

📋 Recent SEC Filings

Date Form Document Action
May 19, 2026 4 xslF345X06/wk-form4_1779204546.xml View →
May 8, 2026 10-Q oln-20260331.htm View →
May 7, 2026 8-K oln-20260507.htm View →
May 5, 2026 4 xslF345X06/wk-form4_1778008955.xml View →
May 5, 2026 4 xslF345X06/wk-form4_1778007826.xml View →

Frequently Asked Questions about OLN

What is the AI rating for OLN?

OLIN Corp (OLN) has a Combined AI Grade of C from Claude (D) and ChatGPT (C) with 80% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are OLN's key strengths?

Claude: Revenue growing 3.7% YoY despite profitability challenges. Maintains $192.2M in cash reserves providing near-term liquidity buffer. ChatGPT: Positive free cash flow ($247.9M; 3.7% margin) despite GAAP loss. Revenue growth of 3.7% YoY on a $6.78B base.

What are the risks of investing in OLN?

Claude: Negative net income of -$83.0M with gross margin of only 4.8% indicates fundamental business profitability crisis. Negative free cash flow of -$92.3M with negative operating cash flow unsustainable without external financing. ChatGPT: Profitability under pressure: 0.1% operating margin and -1.5% net margin. Interest coverage at 0.0x with $2.85B long-term debt heightens solvency risk.

What is OLN's revenue and growth?

OLIN Corp reported revenue of $1.6B.

Does OLN pay dividends?

OLIN Corp pays dividends, with $22.8M distributed to shareholders in the trailing twelve months.

Where can I find OLN SEC filings?

Official SEC filings for OLIN Corp (CIK: 0000074303) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is OLN's EPS?

OLIN Corp has a diluted EPS of $-0.73.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is OLN's fundamental grade?

Based on our AI fundamental analysis in May 2026, OLIN Corp has a C grade with 80% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is OLN stock overvalued or undervalued?

Valuation metrics for OLN: ROE of -4.8% (sector avg: 14%), net margin of -5.2% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is OLN's AI grade for 2026?

Our dual AI analysis gives OLIN Corp a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is OLN's free cash flow?

OLIN Corp's operating cash flow is $-48.6M, with capital expenditures of $43.7M. FCF margin is -5.8%.

How does OLN compare to other Materials stocks?

Vs Materials sector averages: Net margin -5.2% (avg: 10%), ROE -4.8% (avg: 14%), current ratio 1.36 (avg: 1.6).

Is OLIN Corp carrying too much debt?

OLN has a debt-to-equity ratio of 1.73x, which is above the Materials sector average of 0.6x. However, the current ratio of 1.36 suggests adequate short-term liquidity.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI