Orion (ORN)
Market Price (2/15/2026): $13.8 | Market Cap: $548.9 MilSector: Industrials | Industry: Construction & Engineering
Orion (ORN)
Market Price (2/15/2026): $13.8Market Cap: $548.9 MilSector: IndustrialsIndustry: Construction & Engineering
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Megatrend and thematic driversMegatrends include Offshore Wind Development, and Water Infrastructure. Themes include Offshore Wind Project Development, Subsea Cable Infrastructure, Show more. | Trading close to highsDist 52W High is -3.8%, Dist 3Y High is -3.8% | Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 58x |
| Stock price has recently run up significantly6M Rtn6 month market price return is 105% | ||
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -0.7% | ||
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 67% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.5% | ||
| Key risksORN key risks include [1] significant revenue concentration in a limited number of projects and related execution challenges, Show more. |
| Megatrend and thematic driversMegatrends include Offshore Wind Development, and Water Infrastructure. Themes include Offshore Wind Project Development, Subsea Cable Infrastructure, Show more. |
| Trading close to highsDist 52W High is -3.8%, Dist 3Y High is -3.8% |
| Expensive valuation multiplesP/EPrice/Earnings or Price/(Net Income) is 58x |
| Stock price has recently run up significantly6M Rtn6 month market price return is 105% |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -0.7% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 67% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.5% |
| Key risksORN key risks include [1] significant revenue concentration in a limited number of projects and related execution challenges, Show more. |
Qualitative Assessment
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Orion (ORN) stock has gained about 30% since 10/31/2025 because of the following key factors:
1. Strategic Acquisition Boosting Marine Construction Capabilities: Orion (ORN) completed the acquisition of J.E. McAmis, Inc. and its affiliate JEM Marine Leasing LLC for approximately $60 million on February 4, 2026. This acquisition was viewed by analysts as a "solid strategic fit," enhancing Orion's marine construction segment with expertise in complex projects like jetties, breakwaters, and dredging, and was highlighted for its attractive financial merits.
2. Significant New Contract Awards: The company secured notable new contracts, including an $86.3 million project from the U.S. Army Corps of Engineers (USACE) for a coastal protection project in Texas, announced on January 5, 2026. This award, along with approximately $250 million in new contract awards in the first quarter (likely Q1 2026 or awards received by the end of Q4 2025), significantly boosted investor confidence in Orion's future revenue streams.
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1. Strategic Acquisition Boosting Marine Construction Capabilities: Orion (ORN) completed the acquisition of J.E. McAmis, Inc. and its affiliate JEM Marine Leasing LLC for approximately $60 million on February 4, 2026. This acquisition was viewed by analysts as a "solid strategic fit," enhancing Orion's marine construction segment with expertise in complex projects like jetties, breakwaters, and dredging, and was highlighted for its attractive financial merits.
2. Significant New Contract Awards: The company secured notable new contracts, including an $86.3 million project from the U.S. Army Corps of Engineers (USACE) for a coastal protection project in Texas, announced on January 5, 2026. This award, along with approximately $250 million in new contract awards in the first quarter (likely Q1 2026 or awards received by the end of Q4 2025), significantly boosted investor confidence in Orion's future revenue streams.
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Stock Movement Drivers
Fundamental Drivers
The 28.5% change in ORN stock from 10/31/2025 to 2/14/2026 was primarily driven by a 28.5% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 2142026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.77 | 13.84 | 28.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 836 | 836 | 0.0% |
| Net Income Margin (%) | 1.1% | 1.1% | 0.0% |
| P/E Multiple | 45.2 | 58.1 | 28.5% |
| Shares Outstanding (Mil) | 40 | 40 | 0.0% |
| Cumulative Contribution | 28.5% |
Market Drivers
10/31/2025 to 2/14/2026| Return | Correlation | |
|---|---|---|
| ORN | 28.5% | |
| Market (SPY) | -0.0% | 55.2% |
| Sector (XLI) | 12.3% | 49.6% |
Fundamental Drivers
The 86.8% change in ORN stock from 7/31/2025 to 2/14/2026 was primarily driven by a 105.8% change in the company's P/E Multiple.| (LTM values as of) | 7312025 | 2142026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.41 | 13.84 | 86.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 837 | 836 | -0.2% |
| Net Income Margin (%) | 1.2% | 1.1% | -9.0% |
| P/E Multiple | 28.2 | 58.1 | 105.8% |
| Shares Outstanding (Mil) | 40 | 40 | 0.0% |
| Cumulative Contribution | 86.8% |
Market Drivers
7/31/2025 to 2/14/2026| Return | Correlation | |
|---|---|---|
| ORN | 86.8% | |
| Market (SPY) | 8.2% | 40.7% |
| Sector (XLI) | 15.1% | 47.2% |
Fundamental Drivers
The 75.6% change in ORN stock from 1/31/2025 to 2/14/2026 was primarily driven by a 89.2% change in the company's P/S Multiple.| (LTM values as of) | 1312025 | 2142026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.88 | 13.84 | 75.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 781 | 836 | 7.0% |
| P/S Multiple | 0.3 | 0.7 | 89.2% |
| Shares Outstanding (Mil) | 34 | 40 | -13.3% |
| Cumulative Contribution | 75.6% |
Market Drivers
1/31/2025 to 2/14/2026| Return | Correlation | |
|---|---|---|
| ORN | 75.6% | |
| Market (SPY) | 14.3% | 39.0% |
| Sector (XLI) | 27.2% | 43.6% |
Fundamental Drivers
The 382.2% change in ORN stock from 1/31/2023 to 2/14/2026 was primarily driven by a 418.5% change in the company's P/S Multiple.| (LTM values as of) | 1312023 | 2142026 | Change |
|---|---|---|---|
| Stock Price ($) | 2.87 | 13.84 | 382.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 714 | 836 | 17.0% |
| P/S Multiple | 0.1 | 0.7 | 418.5% |
| Shares Outstanding (Mil) | 32 | 40 | -20.5% |
| Cumulative Contribution | 382.2% |
Market Drivers
1/31/2023 to 2/14/2026| Return | Correlation | |
|---|---|---|
| ORN | 382.2% | |
| Market (SPY) | 74.0% | 32.2% |
| Sector (XLI) | 78.5% | 33.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| ORN Return | -24% | -37% | 108% | 48% | 36% | 37% | 174% |
| Peers Return | 40% | -16% | 56% | 66% | 47% | 24% | 450% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -0% | 82% |
Monthly Win Rates [3] | |||||||
| ORN Win Rate | 50% | 42% | 58% | 50% | 50% | 100% | |
| Peers Win Rate | 62% | 43% | 58% | 55% | 63% | 90% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| ORN Max Drawdown | -27% | -42% | -1% | -6% | -31% | 0% | |
| Peers Max Drawdown | -6% | -38% | -14% | -18% | -28% | -4% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: GLDD, STRL, BBCP, PRIM, MTZ.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/13/2026 (YTD)
How Low Can It Go
| Event | ORN | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -66.8% | -25.4% |
| % Gain to Breakeven | 201.4% | 34.1% |
| Time to Breakeven | 466 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -72.5% | -33.9% |
| % Gain to Breakeven | 264.0% | 51.3% |
| Time to Breakeven | 309 days | 148 days |
| 2018 Correction | ||
| % Loss | -83.3% | -19.8% |
| % Gain to Breakeven | 498.4% | 24.7% |
| Time to Breakeven | 1,881 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -77.4% | -56.8% |
| % Gain to Breakeven | 342.6% | 131.3% |
| Time to Breakeven | 165 days | 1,480 days |
Compare to GLDD, STRL, BBCP, PRIM, MTZ
In The Past
Orion's stock fell -66.8% during the 2022 Inflation Shock from a high on 3/12/2021. A -66.8% loss requires a 201.4% gain to breakeven.
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About Orion (ORN)
Orion Group Holdings, Inc. operates as a specialty construction company in the building, industrial, and infrastructure sectors in the continental United States, Alaska, Canada, and the Caribbean Basin. It operates in two segments, Marine and Concrete. The company provides various marine construction services, including construction, restoration, dredging, maintenance, and repair of marine transportation facilities and pipelines, bridges and causeways, and marine environmental structures. Its marine transportation facility projects comprise public port facilities, cruise ship port facilities, private terminals, special-use navy terminals, recreational use marinas and docks, and other marine-based facilities. The company also offers on-going maintenance and repair, inspection, emergency repair, and demolition and salvage services to marine transportation facilities. Its marine pipeline service projects include the installation and removal of underwater buried pipeline transmission lines; the installation of pipeline intakes and outfalls for industrial facilities; the construction of pipeline outfalls for wastewater and industrial discharges; river crossing and directional drilling; the creation of hot taps and tie-ins; and inspection, maintenance, and repair services. The company's bridge and causeway projects include the construction, repair, and maintenance of overwater bridges and causeways, as well as the development of fendering systems in marine environments; and marine environmental structures used for erosion control, wetlands creation, and environmental remediation. The company also provides specialty services, such as design, salvage, demolition, surveying, towing, diving and underwater inspection, excavation, and repair services. In addition, it offers light commercial, structural, and other concrete construction services. Orion Group Holdings, Inc. was founded in 1994 and is headquartered in Houston, Texas.
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Corning (GLW) for industrial carbon materials.
A specialized 3M (MMM) focused on carbon black.
An essential B2B industrial supplier, similar to a smaller Linde (LIN) or Air Products (APD) but for engineered carbon materials rather than industrial gases.
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- Dredging Services: Provides excavation and removal of sediment from waterways to maintain navigation channels, ports, and beaches, and for land reclamation.
- Marine Civil Construction: Offers comprehensive construction services for marine infrastructure, including docks, piers, bulkheads, wharves, bridges, and other coastal structures.
- Concrete Construction: Specializes in large-scale concrete construction projects for commercial, industrial, and infrastructure sectors, including foundations, structures, and flatwork.
- Industrial Services: Delivers maintenance, turnaround, and capital project support for industrial clients in sectors such as petrochemical, power, and manufacturing.
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Major Customers of Orion Group Holdings Inc. (ORN)
Orion Group Holdings Inc. (ORN) is a specialty contractor that sells its services primarily to other companies, government agencies, and industrial clients, rather than directly to individuals. The company operates in two main segments: Marine, and Concrete & Dig Infrastructure, providing heavy civil, marine, and concrete construction services.
Based on the company's latest filings, Orion's most significant customer is:
- U.S. Army Corps of Engineers: This federal agency is a major customer for Orion's Marine segment, accounting for approximately 43% of Orion's consolidated revenues in 2023. As a government agency, it does not have a public stock symbol.
While Orion serves a diverse range of other customers including state and local governments (such as Departments of Transportation and municipalities), public utilities, port authorities, general contractors, real estate developers, and various private industrial clients, no other single customer accounted for 10% or more of Orion's consolidated revenues in 2023, 2022, or 2021.
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Travis J. Boone President and Chief Executive Officer Travis Boone was appointed President and Chief Executive Officer of Orion Group Holdings, Inc. in September 2022. He grew up in the construction industry, with his father being a small contractor. He earned an engineering degree and began his career in 1999 as a bridge engineer at URS, which later became AECOM through an acquisition. Over 23 years at AECOM, he advanced to leading a $2.3 billion business across a significant portion of the U.S. and Pacific regions, managing approximately 8,000 employees and 88 offices. He was not actively seeking a new role when he was recruited to join Orion. Alison Vasquez Executive Vice President, Chief Financial Officer and Treasurer Alison Vasquez joined Orion as Executive Vice President, Chief Financial Officer, and Treasurer, effective June 23, 2025. She brings over 25 years of experience in finance and accounting within public companies. Prior to Orion, she served as Senior Vice President and Chief Accounting Officer at KBR, Inc., where she oversaw a team of more than 350 financial professionals. Her tenure at KBR also included roles as Vice President and Chief Auditor, Vice President of Investor Relations, Vice President of FP&A, and Vice President of Finance. Before KBR, she was chief auditor at Energy Transfer LP and Noble Corporation plc. She began her career in 1998 with assurance and advisory services at Arthur Anderson and then PricewaterhouseCoopers. Edward Chipman Earle Executive Vice President, Chief Administrative Officer, Chief Compliance Officer, General Counsel and Secretary Edward Chipman Earle serves as the Executive Vice President, Chief Administrative Officer, Chief Compliance Officer, General Counsel, and Secretary for Orion Group Holdings, Inc. Austin J. Shanfelter Chairman of the Board Austin J. Shanfelter is the Chairman of the Board for Orion Group Holdings, Inc. Robert Ledford Independent Director Robert (Bob) Ledford was appointed to Orion Group Holdings' Board of Directors, effective November 19, 2025. Ledford, 61, has over 35 years of leadership experience in construction and engineering across international markets. He is currently the President and CEO of Prime Electric. His previous roles include COO of Europe, Middle East, and Asia, and COO of design and consulting in the Americas at AECOM, as well as executive positions at Parsons and CFO roles at Sasco Electric and Hermanson Corporation.AI Analysis | Feedback
The key risks to Orion Group Holdings (symbol: ORN) are primarily rooted in its project-based nature, operational environment, and financial performance volatility.Key Risks to Orion Group Holdings (ORN)
- Project Concentration and Execution Risks: A significant portion of Orion Group Holdings' revenues can be concentrated within a limited number of projects, contracts, or customers. Any delays in scheduled work, the termination of a material contract, or the loss of a major client could substantially and negatively impact the company's reputation, revenue, and overall results of operations. Furthermore, the company's ability to execute projects in a timely manner is often influenced by scheduling changes or performance by co-contractors, factors largely beyond its direct control. The company has experienced stock drops due to logistics setbacks and slower ramp-up of large projects, leading to shifts in revenue recognition.
- Operational Hazards and Safety Risks: The nature of Orion's business, which includes marine infrastructure construction, port maintenance, dredging, and salvage, inherently exposes it to numerous significant operating risks and hazards. These include environmental hazards, industrial accidents, severe weather conditions (such as hurricanes), collisions with fixed objects, cave-ins, unexpected geological formations, disruption of transportation services, and flooding. Such events could result in damage to or destruction of property, loss of equipment, injuries, or fatalities, leading to substantial financial losses or liabilities for the company. Construction and maintenance sites are inherently dangerous workplaces, further contributing to these risks.
- Financial Performance Volatility and Cost Management: Orion Group Holdings has demonstrated volatility in its financial results, including instances where both revenue and earnings have fallen short of expectations, leading to notable declines in its stock price. The company has also contended with rising costs. Additionally, statutory profits have at times been influenced by "unusual items" which may not be repeatable, raising concerns about the sustainability of its underlying earnings power.
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The accelerating adoption and scaling of recycled carbon black (rCB) technologies, driven by major tire and rubber goods manufacturers' increasing demand for sustainable and circular economy solutions, presents a clear emerging threat to Orion Engineered Carbons' traditional virgin carbon black market. As third-party companies specialize in producing high-quality rCB from end-of-life tires, and Orion's key customers commit to incorporating higher percentages of sustainable materials, this trend could lead to market share erosion, pricing pressures, and a shift in demand away from conventional carbon black.
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Orion Group Holdings (ORN) is anticipated to drive future revenue growth over the next 2-3 years through several key factors, including a robust project pipeline, significant government infrastructure spending, expansion within the data center market, and continued strong execution in its marine segment.
- Increased Project Volume and Robust Backlog: Orion's management has consistently highlighted a strong project pipeline, with over $1 billion in bids awaiting award, indicating substantial future work. The company's updated full-year 2025 revenue guidance was raised, reflecting an expectation of increased volume and strong execution. This growth in project volume is a primary driver of revenue, with significant opportunities projected for both 2025 and 2026.
- Leveraging Government Infrastructure Investment: Orion is strategically positioned to benefit from the $1.2 trillion Infrastructure Investment and Jobs Act (IIJA), which is expected to be a multi-year catalyst for public sector projects in transportation, ports, waterways, and bridges. Furthermore, the company anticipates growth from U.S. Navy spending on initiatives like the Pacific Deterrence Initiative and broader federal directives aimed at restoring maritime dominance through investments in shipyards, vessel upgrades, and drydocks. These federal investments represent a significant expansion of opportunities in key markets for Orion.
- Growth in the Data Center Market: The data center sector is emerging as a specific growth area for Orion's Concrete segment. Data centers currently represent 27% of the Concrete segment's revenue and pipeline. The company has noted steady quoting activity and an increasing average deal size within this market, securing new data center projects that will provide steady revenue streams.
- Strong Execution and Favorable Utilization in the Marine Segment: The Marine segment has been a consistent driver of performance, characterized by strong execution and favorable utilization rates. This operational efficiency, coupled with securing new long-term contracts like a three-year maintenance dredging agreement, allows Orion to maintain a competitive edge and secure recurring revenue streams. This focus on execution supports both the acquisition of new projects and the successful completion of existing ones, contributing to sustained revenue growth.
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Capital Allocation Decisions for Orion Group Holdings, Inc. (ORN)
Share Repurchases
- No significant share repurchases by Orion Group Holdings, Inc. were identified within the last 3-5 years in the available information.
Share Issuance
- The company reported 39,900,978 shares of common stock outstanding as of October 24, 2025.
- There were 38,989,545 shares of common stock outstanding as of March 5, 2025.
- As of February 21, 2020, there were 29,607,285 shares of common stock outstanding.
Inbound Investments
- Orion Group Holdings expanded its bonding capacity by $400 million, positioning the company for larger projects and accelerated growth.
Outbound Investments
- Management is focused on growth through pursuing strategic Mergers & Acquisitions (M&A) opportunities.
- Acquisitions are mentioned as a component considered in adjusted EBITDA.
Capital Expenditures
- Orion Group Holdings reaffirmed its capital expenditures guidance in the range of $25 million to $35 million for the full year 2025.
- The company's strategic priorities include investments in business development.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Orion Earnings Notes | 12/16/2025 | |
| Orion Stock Jump Looks Great, But How Secure Is That Gain? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 91.71 |
| Mkt Cap | 5.1 |
| Rev LTM | 1,535 |
| Op Inc LTM | 240 |
| FCF LTM | 190 |
| FCF 3Y Avg | 161 |
| CFO LTM | 291 |
| CFO 3Y Avg | 252 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 9.8% |
| Rev Chg 3Y Avg | 10.6% |
| Rev Chg Q | 9.1% |
| QoQ Delta Rev Chg LTM | 2.5% |
| Op Mgn LTM | 8.1% |
| Op Mgn 3Y Avg | 6.0% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 12.4% |
| CFO/Rev 3Y Avg | 9.7% |
| FCF/Rev LTM | 3.7% |
| FCF/Rev 3Y Avg | 4.3% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 5.1 |
| P/S | 1.3 |
| P/EBIT | 24.3 |
| P/E | 47.5 |
| P/CFO | 17.2 |
| Total Yield | 2.1% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 5.8% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 13.6% |
| 3M Rtn | 38.5% |
| 6M Rtn | 50.3% |
| 12M Rtn | 86.8% |
| 3Y Rtn | 282.5% |
| 1M Excs Rtn | 23.4% |
| 3M Excs Rtn | 33.2% |
| 6M Excs Rtn | 45.1% |
| 12M Excs Rtn | 69.2% |
| 3Y Excs Rtn | 218.4% |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Marine | 396 | 339 | 264 | 388 | 369 |
| Concrete | 316 | 409 | 337 | 322 | 339 |
| Total | 712 | 748 | 601 | 710 | 708 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Marine | 4 | 10 | 6 | 30 | 1 |
| Concrete | -10 | -18 | -15 | -3 | 1 |
| Total | -7 | -8 | -9 | 27 | 2 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Marine | 319 | 239 | 290 | 265 | |
| Concrete | 98 | 128 | 124 | 130 | |
| Total | 417 | 367 | 414 | 395 |
Price Behavior
Price Behavior
| Market Price | $13.84 | |
| Market Cap ($ Bil) | 0.6 | |
| First Trading Date | 12/20/2007 | |
| Distance from 52W High | -3.8% | |
| 50 Days | 200 Days | |
| DMA Price | $11.42 | $9.16 |
| DMA Trend | up | up |
| Distance from DMA | 21.1% | 51.0% |
| 3M | 1YR | |
| Volatility | 52.3% | 58.3% |
| Downside Capture | 143.83 | 145.92 |
| Upside Capture | 349.28 | 186.49 |
| Correlation (SPY) | 52.8% | 39.7% |
ORN Betas & Captures as of 1/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.41 | 2.85 | 2.89 | 2.17 | 1.23 | 1.37 |
| Up Beta | 3.21 | 2.56 | 2.45 | 1.66 | 1.02 | 1.22 |
| Down Beta | 2.10 | 3.28 | 3.60 | 2.49 | 0.84 | 1.08 |
| Up Capture | 457% | 395% | 351% | 365% | 304% | 829% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 9 | 19 | 28 | 59 | 118 | 373 |
| Down Capture | 26% | 164% | 217% | 154% | 132% | 109% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 10 | 21 | 31 | 64 | 127 | 352 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ORN | |
|---|---|---|---|---|
| ORN | 70.1% | 58.3% | 1.13 | - |
| Sector ETF (XLI) | 27.9% | 19.2% | 1.15 | 44.2% |
| Equity (SPY) | 14.0% | 19.4% | 0.55 | 39.6% |
| Gold (GLD) | 74.3% | 25.3% | 2.17 | 7.8% |
| Commodities (DBC) | 7.0% | 16.7% | 0.24 | 15.4% |
| Real Estate (VNQ) | 7.9% | 16.6% | 0.28 | 19.3% |
| Bitcoin (BTCUSD) | -29.8% | 44.9% | -0.65 | 13.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ORN | |
|---|---|---|---|---|
| ORN | 18.7% | 61.2% | 0.53 | - |
| Sector ETF (XLI) | 15.9% | 17.2% | 0.74 | 27.8% |
| Equity (SPY) | 13.3% | 17.0% | 0.62 | 26.5% |
| Gold (GLD) | 22.1% | 17.0% | 1.06 | 5.7% |
| Commodities (DBC) | 10.5% | 18.9% | 0.44 | 5.1% |
| Real Estate (VNQ) | 5.2% | 18.8% | 0.18 | 16.6% |
| Bitcoin (BTCUSD) | 8.3% | 57.2% | 0.37 | 14.1% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with ORN | |
|---|---|---|---|---|
| ORN | 14.7% | 62.1% | 0.49 | - |
| Sector ETF (XLI) | 15.3% | 19.8% | 0.68 | 34.3% |
| Equity (SPY) | 15.6% | 17.9% | 0.75 | 31.5% |
| Gold (GLD) | 15.3% | 15.6% | 0.82 | 0.9% |
| Commodities (DBC) | 8.1% | 17.6% | 0.38 | 12.4% |
| Real Estate (VNQ) | 6.4% | 20.7% | 0.27 | 23.8% |
| Bitcoin (BTCUSD) | 67.9% | 66.7% | 1.07 | 12.6% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/29/2025 | 17.8% | 23.3% | 14.2% |
| 7/30/2025 | -14.8% | -21.4% | -23.1% |
| 3/4/2025 | -10.4% | -16.9% | -14.7% |
| 10/30/2024 | 12.7% | 44.6% | 60.9% |
| 7/25/2024 | 8.0% | -1.5% | -0.9% |
| 2/28/2024 | -13.4% | 4.6% | 18.5% |
| 10/25/2023 | 7.8% | -8.2% | -5.1% |
| 7/27/2023 | 9.5% | 23.0% | 36.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 5 | 6 |
| # Negative | 10 | 13 | 12 |
| Median Positive | 8.7% | 23.0% | 27.9% |
| Median Negative | -4.0% | -5.2% | -7.7% |
| Max Positive | 17.8% | 44.6% | 60.9% |
| Max Negative | -24.7% | -25.0% | -45.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 10/29/2025 | 10-Q |
| 06/30/2025 | 07/30/2025 | 10-Q |
| 03/31/2025 | 04/30/2025 | 10-Q |
| 12/31/2024 | 03/06/2025 | 10-K |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 07/26/2024 | 10-Q |
| 03/31/2024 | 04/26/2024 | 10-Q |
| 12/31/2023 | 03/01/2024 | 10-K |
| 09/30/2023 | 10/27/2023 | 10-Q |
| 06/30/2023 | 07/28/2023 | 10-Q |
| 03/31/2023 | 05/15/2023 | 10-Q |
| 12/31/2022 | 03/16/2023 | 10-K |
| 09/30/2022 | 10/28/2022 | 10-Q |
| 06/30/2022 | 07/29/2022 | 10-Q |
| 03/31/2022 | 04/29/2022 | 10-Q |
| 12/31/2021 | 03/07/2022 | 10-K |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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