Orion Engineered Carbons S.A. Financials
This page shows Orion Engineered Carbons S.A. (OEC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Orion Engineered Carbons S.A. has an operating margin of 1.5%, meaning the company retains $2 of operating profit per $100 of revenue. This below-average margin results in a low score of 26/100, suggesting thin profitability after operating expenses. This is down from 5.5% the prior year.
Orion Engineered Carbons S.A.'s revenue declined 3.8% year-over-year, from $1.9B to $1.8B. This contraction results in a growth score of 27/100.
Orion Engineered Carbons S.A. carries a low D/E ratio of 1.75, meaning only $1.75 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 66/100, indicating a strong balance sheet with room for future borrowing.
Orion Engineered Carbons S.A.'s current ratio of 1.03 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 15/100, which could limit financial flexibility.
Orion Engineered Carbons S.A. has a free cash flow margin of 3.0%, earning a moderate score of 33/100. The company generates positive cash flow after capital investments, but with room for improvement.
Orion Engineered Carbons S.A. generates a -18.2% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 9.3% the prior year.
Orion Engineered Carbons S.A. scores 1.43, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Orion Engineered Carbons S.A. passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Orion Engineered Carbons S.A. generates $-3.08 in operating cash flow ($215.8M OCF vs -$70.1M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Orion Engineered Carbons S.A. generated $1.8B in revenue in fiscal year 2025. This represents a decrease of 3.8% from the prior year.
Orion Engineered Carbons S.A.'s EBITDA was $159.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 30.1% from the prior year.
Orion Engineered Carbons S.A. reported -$70.1M in net income in fiscal year 2025. This represents a decrease of 258.6% from the prior year.
Orion Engineered Carbons S.A. earned $-1.24 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 263.2% from the prior year.
Cash & Balance Sheet
Orion Engineered Carbons S.A. generated $54.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 167.3% from the prior year.
Orion Engineered Carbons S.A. held $60.7M in cash against $674.5M in long-term debt as of fiscal year 2025.
Orion Engineered Carbons S.A. paid $0.08 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.
Orion Engineered Carbons S.A. had 56M shares outstanding in fiscal year 2025. This represents a decrease of 0.7% from the prior year.
Margins & Returns
Orion Engineered Carbons S.A.'s gross margin was 19.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.9 percentage points from the prior year.
Orion Engineered Carbons S.A.'s operating margin was 1.5% in fiscal year 2025, reflecting core business profitability. This is down 4.0 percentage points from the prior year.
Orion Engineered Carbons S.A.'s net profit margin was -3.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 6.2 percentage points from the prior year.
Orion Engineered Carbons S.A.'s ROE was -18.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 27.5 percentage points from the prior year.
Capital Allocation
Orion Engineered Carbons S.A. invested $27.5M in research and development in fiscal year 2025. This represents an increase of 1.5% from the prior year.
Orion Engineered Carbons S.A. spent $24.8M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 6.8% from the prior year.
Orion Engineered Carbons S.A. invested $161.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 22.1% from the prior year.
OEC Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $411.7M-8.7% | $450.9M-3.3% | $466.4M-2.4% | $477.7M+10.0% | $434.2M-6.3% | $463.4M-2.9% | $477.0M-5.2% | $502.9M |
| Cost of Revenue | $334.0M-8.6% | $365.3M-0.7% | $368.0M-3.1% | $379.6M+10.1% | $344.9M-3.1% | $355.9M-3.1% | $367.2M-3.5% | $380.7M |
| Gross Profit | $77.7M-9.2% | $85.6M-13.0% | $98.4M+0.3% | $98.1M+9.9% | $89.3M-16.9% | $107.5M-2.1% | $109.8M-10.1% | $122.2M |
| R&D Expenses | $7.5M+8.7% | $6.9M+6.2% | $6.5M-1.5% | $6.6M-5.7% | $7.0M0.0% | $7.0M+7.7% | $6.5M-1.5% | $6.6M |
| SG&A Expenses | $57.1M-0.7% | $57.5M-0.3% | $57.7M-1.2% | $58.4M+0.5% | $58.1M+0.3% | $57.9M-4.0% | $60.3M-2.0% | $61.5M |
| Operating Income | $17.9M+133.3% | -$53.7M-267.3% | $32.1M+2.9% | $31.2M+32.2% | $23.6M+254.2% | -$15.3M-136.8% | $41.6M-21.2% | $52.8M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $12.7M |
| Income Tax | $22.8M+4660.0% | -$500K-110.9% | $4.6M-48.3% | $8.9M+523.8% | -$2.1M+80.6% | -$10.8M-218.7% | $9.1M-32.6% | $13.5M |
| Net Income | -$21.1M+68.6% | -$67.1M-845.6% | $9.0M-1.1% | $9.1M-47.1% | $17.2M+185.1% | -$20.2M-198.5% | $20.5M-23.2% | $26.7M |
| EPS (Diluted) | N/A | $-1.20-850.0% | $0.160.0% | $0.16 | N/A | $-0.35-200.0% | $0.35-22.2% | $0.45 |
OEC Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.9B-2.9% | $2.0B-3.0% | $2.0B+2.9% | $2.0B+6.0% | $1.9B-7.0% | $2.0B+4.6% | $1.9B+1.8% | $1.9B |
| Current Assets | $643.8M-5.8% | $683.5M+0.1% | $682.5M-0.9% | $688.6M+12.3% | $613.3M-14.6% | $718.1M+5.9% | $677.9M+0.1% | $677.5M |
| Cash & Equivalents | $60.7M+18.3% | $51.3M+20.4% | $42.6M+13.6% | $37.5M-15.2% | $44.2M-16.9% | $53.2M+55.6% | $34.2M-22.1% | $43.9M |
| Inventory | $277.3M-0.6% | $278.9M-2.4% | $285.7M-3.8% | $297.0M+2.3% | $290.4M-5.3% | $306.7M+7.8% | $284.5M+2.5% | $277.5M |
| Accounts Receivable | $213.6M-19.4% | $265.1M-1.8% | $270.0M-1.5% | $274.0M+29.3% | $211.9M-20.9% | $267.9M-1.6% | $272.2M+0.9% | $269.7M |
| Goodwill | $0 | $0-100.0% | $80.7M+8.3% | $74.5M+4.2% | $71.5M-7.3% | $77.1M+4.6% | $73.7M-0.9% | $74.4M |
| Total Liabilities | $1.5B-2.5% | $1.6B+0.2% | $1.6B+3.7% | $1.5B+8.7% | $1.4B-9.1% | $1.5B+8.2% | $1.4B+1.6% | $1.4B |
| Current Liabilities | $626.4M-1.4% | $635.3M+2.3% | $620.8M+3.1% | $601.9M+16.5% | $516.7M-10.6% | $577.9M+18.1% | $489.3M+4.4% | $468.8M |
| Long-Term Debt | $674.5M-0.9% | $680.6M+0.1% | $680.2M+3.1% | $659.5M+1.9% | $647.0M-4.4% | $676.7M+2.4% | $660.7M-1.2% | $668.7M |
| Total Equity | $384.6M-4.3% | $401.8M-13.9% | $466.5M+0.1% | $466.1M-1.9% | $474.9M-0.3% | $476.3M-5.5% | $503.9M+2.4% | $492.2M |
| Retained Earnings | $382.2M-5.2% | $403.3M-14.5% | $471.6M+1.4% | $464.9M+1.7% | $457.0M+3.9% | $439.8M-4.6% | $461.2M+4.1% | $443.1M |
OEC Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $92.9M+35.0% | $68.8M+28.1% | $53.7M+13325.0% | $400K-99.6% | $94.5M+405.8% | -$30.9M-205.5% | $29.3M-9.6% | $32.4M |
| Capital Expenditures | $48.7M+19.1% | $40.9M-3.1% | $42.2M+44.5% | $29.2M-58.9% | $71.0M+48.2% | $47.9M-12.4% | $54.7M+65.3% | $33.1M |
| Free Cash Flow | $44.2M+58.4% | $27.9M+142.6% | $11.5M+139.9% | -$28.8M-222.6% | $23.5M+129.8% | -$78.8M-210.2% | -$25.4M-3528.6% | -$700K |
| Investing Cash Flow | -$48.7M-19.1% | -$40.9M+3.1% | -$42.2M-44.5% | -$29.2M+58.9% | -$71.0M-48.2% | -$47.9M+12.4% | -$54.7M-65.3% | -$33.1M |
| Financing Cash Flow | -$35.7M-83.1% | -$19.5M-150.0% | -$7.8M-135.8% | $21.8M+172.7% | -$30.0M-131.3% | $95.8M+480.6% | $16.5M+135.7% | $7.0M |
| Dividends Paid | $1.2M+9.1% | $1.1M-8.3% | $1.2M0.0% | $1.2M0.0% | $1.2M0.0% | $1.2M0.0% | $1.2M0.0% | $1.2M |
| Share Buybacks | $0 | $0-100.0% | $5.0M-74.7% | $19.8M+127.6% | $8.7M-21.6% | $11.1M+63.2% | $6.8M | $0 |
OEC Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.9%-0.1pp | 19.0%-2.1pp | 21.1%+0.6pp | 20.5%-0.0pp | 20.6%-2.6pp | 23.2%+0.2pp | 23.0%-1.3pp | 24.3% |
| Operating Margin | 4.3%+16.3pp | -11.9%-18.8pp | 6.9%+0.4pp | 6.5%+1.1pp | 5.4%+8.7pp | -3.3%-12.0pp | 8.7%-1.8pp | 10.5% |
| Net Margin | -5.1%+9.7pp | -14.9%-16.8pp | 1.9%+0.0pp | 1.9%-2.1pp | 4.0%+8.3pp | -4.4%-8.7pp | 4.3%-1.0pp | 5.3% |
| Return on Equity | -5.5%+11.2pp | -16.7%-18.6pp | 1.9%-0.0pp | 1.9%-1.7pp | 3.6%+7.9pp | -4.2%-8.3pp | 4.1%-1.3pp | 5.4% |
| Return on Assets | -1.1%+2.3pp | -3.4%-3.9pp | 0.4%-0.0pp | 0.5%-0.5pp | 0.9%+1.9pp | -1.0%-2.1pp | 1.1%-0.4pp | 1.4% |
| Current Ratio | 1.03-0.0 | 1.08-0.0 | 1.10-0.0 | 1.14-0.0 | 1.19-0.1 | 1.24-0.1 | 1.39-0.1 | 1.45 |
| Debt-to-Equity | 1.75+0.1 | 1.69+0.2 | 1.46+0.0 | 1.41+0.1 | 1.36-0.1 | 1.42+0.1 | 1.31-0.0 | 1.36 |
| FCF Margin | 10.7%+4.5pp | 6.2%+3.7pp | 2.5%+8.5pp | -6.0%-11.4pp | 5.4%+22.4pp | -17.0%-11.7pp | -5.3%-5.2pp | -0.1% |
Similar Companies
Frequently Asked Questions
What is Orion Engineered Carbons S.A.'s annual revenue?
Orion Engineered Carbons S.A. (OEC) reported $1.8B in total revenue for fiscal year 2025. This represents a -3.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Orion Engineered Carbons S.A.'s revenue growing?
Orion Engineered Carbons S.A. (OEC) revenue declined by 3.8% year-over-year, from $1.9B to $1.8B in fiscal year 2025.
Is Orion Engineered Carbons S.A. profitable?
No, Orion Engineered Carbons S.A. (OEC) reported a net income of -$70.1M in fiscal year 2025, with a net profit margin of -3.9%.
What is Orion Engineered Carbons S.A.'s EBITDA?
Orion Engineered Carbons S.A. (OEC) had EBITDA of $159.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Orion Engineered Carbons S.A. have?
As of fiscal year 2025, Orion Engineered Carbons S.A. (OEC) had $60.7M in cash and equivalents against $674.5M in long-term debt.
What is Orion Engineered Carbons S.A.'s gross margin?
Orion Engineered Carbons S.A. (OEC) had a gross margin of 19.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Orion Engineered Carbons S.A.'s operating margin?
Orion Engineered Carbons S.A. (OEC) had an operating margin of 1.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Orion Engineered Carbons S.A.'s net profit margin?
Orion Engineered Carbons S.A. (OEC) had a net profit margin of -3.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Orion Engineered Carbons S.A. pay dividends?
Yes, Orion Engineered Carbons S.A. (OEC) paid $0.08 per share in dividends during fiscal year 2025.
What is Orion Engineered Carbons S.A.'s return on equity (ROE)?
Orion Engineered Carbons S.A. (OEC) has a return on equity of -18.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Orion Engineered Carbons S.A.'s free cash flow?
Orion Engineered Carbons S.A. (OEC) generated $54.8M in free cash flow during fiscal year 2025. This represents a 167.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Orion Engineered Carbons S.A.'s operating cash flow?
Orion Engineered Carbons S.A. (OEC) generated $215.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Orion Engineered Carbons S.A.'s total assets?
Orion Engineered Carbons S.A. (OEC) had $1.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Orion Engineered Carbons S.A.'s capital expenditures?
Orion Engineered Carbons S.A. (OEC) invested $161.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Orion Engineered Carbons S.A. spend on research and development?
Orion Engineered Carbons S.A. (OEC) invested $27.5M in research and development during fiscal year 2025.
What is Orion Engineered Carbons S.A.'s current ratio?
Orion Engineered Carbons S.A. (OEC) had a current ratio of 1.03 as of fiscal year 2025, which is considered adequate.
What is Orion Engineered Carbons S.A.'s debt-to-equity ratio?
Orion Engineered Carbons S.A. (OEC) had a debt-to-equity ratio of 1.75 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Orion Engineered Carbons S.A.'s return on assets (ROA)?
Orion Engineered Carbons S.A. (OEC) had a return on assets of -3.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Orion Engineered Carbons S.A.'s Altman Z-Score?
Orion Engineered Carbons S.A. (OEC) has an Altman Z-Score of 1.43, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Orion Engineered Carbons S.A.'s Piotroski F-Score?
Orion Engineered Carbons S.A. (OEC) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Orion Engineered Carbons S.A.'s earnings high quality?
Orion Engineered Carbons S.A. (OEC) has an earnings quality ratio of -3.08x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Orion Engineered Carbons S.A.?
Orion Engineered Carbons S.A. (OEC) scores 28 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.