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Orion

OEC

Orion S.A. is a leading global producer of Specialty and Rubber Carbon Black, a powdered form of carbon used to enhance the physical, electrical, and optical properties of various materials.

Market cap
$379.5M-35.0%
Revenue$1.8B-3.4%
Net income-$89.1M-435%
Free cash flow$35.1M+126%
EPS (diluted)-$1.59-446%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$474.4M
EPS estimate$0.11

Financials

Q1 2026

Income statement

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Revenue$459.5M-3.8%
Gross profit$79.2M-19.3%
Operating income$11.4M-63.5%
Net income-$9.9M-209%
EPS (diluted)-$0.18-212%

Balance sheet

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Cash & equivalents$52.0M+33.3%
Total debt$1.4B+5.8%
Total equity$379.5M-18.6%
Total assets$1.9B-1.9%

Cash flow

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Operating cash flow-$12.4M-3,200%
CapEx$36.1M+23.6%
Free cash flow-$48.5M-68.4%

Valuation & ratios

Valuation

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Market cap$379.5M-35.0%
Enterprise value$1.68B-13.5%
P/S0.2×-0.1×

Profitability

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Gross margin19.1%-2.8pp
Operating margin0.4%-3.9pp
Net margin-5%-6.4pp
FCF margin2%

Returns & leverage

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Return on equity-21.1%-26.6pp
Debt / equity3.6×+0.8×
Current ratio-0.1×

Segments

By segment

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Rubber$289.8M-8.6%
Specialties$169.7M+5.6%

Competitors

Profile

Orion S.A. is a leading global producer of Specialty and Rubber Carbon Black, a powdered form of carbon used to enhance the physical, electrical, and optical properties of various materials. The company leverages advanced engineering to provide additives for polymers, batteries, printing inks, and coatings, as well as reinforcing agents for tires and mechanical rubber goods. Orion operates a significant global manufacturing and R&D footprint to serve diverse industrial and automotive end markets.

Competitive position

Orion is one of the largest global producers in both Specialty and Rubber Carbon Black, differentiating itself through a broad process technology portfolio and long-term R&D alliances.

GeographiesGlobal, North America, Europe, Asia, South America, South Africa
Customer segmentsAutomotive OEMs, Industrial Manufacturers, Energy Storage Providers, Chemical Processors
Business modelManufacturing, B2B Material Supply, Indexed Contract Sales
SuppliersPetroleum refining residuals, Coal tar distillates, Ethylene production byproducts, Natural gas, Acetylene gas
CustomersTire manufacturers, Battery cell producers, Paint and coating formulators, Plastic compounders
CountryLuxembourg
Listed2014
Employees1.7K
CEOCorning F. Painter
FilingsSEC EDGAR

Questions, answered.

What is Orion's market cap?
Orion (OEC) has a market capitalization of $379.5M and trades on NYSE.
What is Orion's revenue and profitability?
Orion generated $1.8B in trailing twelve-month revenue with a net loss of $89.1M, representing a net margin of -5.0%. Gross margin stands at 19.1%, with free cash flow of $35.1M. These figures are based on the Q1 2026 filing.
Who are Orion's competitors?
Orion's key competitors include Cabot Corporation, Ingevity Corporation, The Chemours Company, and others. These companies compete in similar markets and product categories.
Where is Orion headquartered?
Orion is headquartered in Luxembourg and employs approximately 1,650 people. It has been publicly traded since 2014.