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Orion Group Holdings

ORN

Orion Group Holdings, Inc. is a leading specialty construction company that provides comprehensive services for large-scale, mission-critical capital projects in the marine and infrastructure sectors.

Market cap
$484.54M+52.9%
Revenue$896.5M+7.0%
Net income$3.8M+232%
Free cash flow-$58.0M-188%
EPS (diluted)$0.10+200%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 27, 2026 (in 3 months)
Revenue estimate$247.8M
EPS estimate$0.15

Financials

Q2 2026

Income statement

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Revenue$221.9M+8.1%
Gross profit$22.9M-11.1%
Operating income-$1.3M-138%
Net income-$4.1M-593%
EPS (diluted)-$0.10-600%

Balance sheet

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Cash & equivalents$2.5M+45.9%
Total debt$148.8M+89.1%
Total assets$496.2M+14.7%

Cash flow

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Operating cash flow-$17.6M-217%
CapEx$11.5M+61.7%
Free cash flow-$29.2M-130%

Valuation & ratios

Valuation

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Market cap$484.54M+52.9%
Enterprise value$630.79M+40.6%
P/E126.1×
P/S0.5×+0.1×

Profitability

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Gross margin11.8%-0.9pp
Operating margin0.9%-1.7pp
Net margin0.4%

Returns & leverage

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Current ratio1.5×+0.1×

Segments

By product

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Construction$109.9M-4.3%
Light Commercial$84.4M+47.0%
Dredging$16.6M-6.0%
Structural$6.7M-47.0%
Specialty Services$4.3M+56.3%

By segment

See full
Heavy Civil Marine Construction$130.8M-3.3%
Commercial Concrete$91.0M+30.1%

Competitors

Profile

Orion Group Holdings, Inc. is a leading specialty construction company that provides comprehensive services for large-scale, mission-critical capital projects in the marine and infrastructure sectors. The company specializes in complex engineering, dredging, and concrete construction for both public and private sector clients. Its core value proposition centers on self-performing technically challenging work with a focus on safety and predictable excellence in high-growth end markets.

Competitive position

A leading specialty contractor with a century of marine legacy and a strong safety record, positioned as a trusted partner for mission-critical infrastructure and hyperscale data centers.

GeographiesUnited States, Canada, Caribbean Basin
Customer segmentsGovernment Agencies, Hyperscale Technology Companies, Energy and Industrial Corporations, Real Estate Developers
Business modelProject-based contracting, Fixed-price bidding, Self-performance construction
SuppliersSpecialized marine equipment manufacturers, Concrete and raw material suppliers, Surety bond providers, Skilled labor and trade unions
CustomersU.S. Navy, U.S. Army Corps of Engineers, Port authorities, Data center operators, Commercial real estate developers
Listed1995
Employees1.8K
CEOTravis J. Boone
FilingsSEC EDGAR

Questions, answered.

What is Orion Group Holdings's market cap?
Orion Group Holdings (ORN) has a market capitalization of $484.5M and trades on NYSE.
What is Orion Group Holdings's revenue and profitability?
Orion Group Holdings generated $896.5M in trailing twelve-month revenue with net income of $3.8M, representing a net margin of 0.4%. Gross margin stands at 11.8%, with free cash flow of -$58.0M. These figures are based on the Q2 2026 filing.
Who are Orion Group Holdings's competitors?
Orion Group Holdings's key competitors include Sterling Infrastructure, Granite Construction, Southland Holdings, Inc., and others. These companies compete in similar markets and product categories.
Who does Orion Group Holdings partner with?
Orion Group Holdings's notable partners include Dragados, Hawaiian Dredging Construction Company.
What subsidiaries does Orion Group Holdings have?
Orion Group Holdings's subsidiaries include J.E. McAmis, Inc., JEM Marine Leasing, LLC, Schneider Engineering & Consulting.
Where is Orion Group Holdings headquartered?
Orion Group Holdings is headquartered in United States of America and employs approximately 1,796 people. It has been publicly traded since 1995.