Olin Corp (OLN) financial statements: income statement, balance sheet and cash flow

Olin Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Olin Corp reported revenue of $6.8B (+3.7% year on year) and net income of ($3.1M).

Income statement

Olin Corp income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Sales	$6.8B	$6.5B	$6.8B	$9.4B
Cost of goods sold	$6.3B	$5.8B	$5.7B	$7.2B
Selling and administrative	$463.3M	$408.5M	$406.7M	$393.9M
Restructuring charges	$33.4M	$33.3M	$89.6M	$25.3M
Other operating income	$500.0K	$800.0K	$42.9M	$16.3M
Operating income	$5.3M	$296.5M	$712.1M	$1.8B
Net Income (Loss) of non-consolidated affiliate	($3.1M)	—	—	—
Interest expense	($188.3M)	$184.5M	$181.1M	$143.9M
Interest income	$4.4M	$3.7M	$4.3M	$2.2M
Non-operating pension income	$20.6M	$26.0M	$24.0M	$38.7M
Income (loss) before taxes	($161.1M)	($141.7M)	($559.3M)	$1.7B
Income tax (benefit) provision	($60.0M)	$36.7M	$107.3M	$349.1M
Net (loss) income	($101.1M)	$105.0M	$452.0M	—
Net loss attributable to noncontrolling interests	($600.0K)	($3.6M)	($8.2M)	—
Net (loss) income attributable to Olin Corporation	($100.5M)	$108.6M	$460.2M	—
Basic	-$0.88	$0.92	$3.66	$9.16
Diluted	-$0.88	$0.91	$3.57	$8.94
Basic	114.6M	117.8M	125.9M	144.9M
Diluted	114.6M	119.5M	128.8M	148.5M

Olin Corp income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Sales	$1.7B	$1.6B	$1.7B	$1.8B
Cost of goods sold	$1.6B	$1.5B	$1.5B	$1.6B
Selling and administrative	$102.7M	$145.0M	$98.1M	$95.2M
Restructuring charges	$10.5M	$9.1M	$2.9M	$7.4M
Acquisition-related costs	$10.6M	—	—	—
Other operating income (expense)	$100.0K	—	$400.0K	($200.0K)
Operating income (loss)	$46.5M	($78.3M)	$82.8M	$35.3M
Losses of non-consolidated affiliates	($1.0M)	($1.4M)	$1.0M	($1.4M)
Interest expense, net	($44.3M)	($43.2M)	($46.8M)	$46.8M
Non-operating pension income	$2.6M	$3.5M	$4.9M	$4.9M
Income (loss) before taxes	$3.8M	($118.3M)	$41.5M	($6.8M)
Income tax provision (benefit)	$17.1M	($35.3M)	($2.2M)	($4.0M)
Net loss	($13.3M)	($83.0M)	$43.7M	($2.8M)
Net loss attributable to noncontrolling interests	$0	$0	$900.0K	($1.5M)
Net (loss) income attributable to Olin Corporation	($13.3M)	($83.0M)	$42.8M	($1.3M)
Basic	-$0.12	-$0.73	$0.37	-$0.01
Diluted	-$0.12	-$0.73	$0.37	-$0.01
Basic	113.9M	113.8M	114.4M	114.9M
Diluted	113.9M	113.8M	115.1M	114.9M

Balance sheet

Olin Corp balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$167.6M	$175.6M	$170.3M	$194.0M
Receivables, net	$844.5M	$1.0B	$874.7M	$924.6M
Income taxes receivable	$66.6M	$11.5M	$15.3M	$43.2M
Inventories, net	$784.5M	$823.5M	$858.8M	$941.9M
Other current assets	$107.9M	$61.4M	$54.1M	$52.7M
Total current assets	$2.0B	$2.1B	$2.0B	$2.2B
Property, plant and equipment, net	$2.2B	$2.3B	$2.5B	$2.7B
Operating lease assets, net	$298.6M	$302.2M	$344.7M	$356.0M
Deferred income taxes	$47.2M	$53.4M	$87.4M	$60.5M
Other assets	$1.2B	$1.2B	$1.1B	$1.1B
Intangible assets, net	$174.4M	$206.6M	$245.8M	$273.8M
Goodwill	$1.4B	$1.4B	$1.4B	$1.4B
Total assets	$7.3B	$7.6B	$7.7B	$8.0B
Current installments of long-term debt	$109.7M	$129.0M	$78.8M	$9.7M
Accounts payable	$806.1M	$861.6M	$775.4M	$837.7M
Income taxes payable	$23.9M	$141.3M	$154.7M	$133.4M
Current operating lease liabilities	$59.7M	$64.8M	$69.3M	$71.8M
Accrued liabilities	$630.1M	$435.5M	$450.0M	$508.8M
Total current liabilities	$1.6B	$1.6B	$1.5B	$1.6B
Long-term debt	$2.7B	$2.7B	$2.6B	$2.6B
Operating lease liabilities	$252.5M	$243.2M	$283.1M	$292.5M
Accrued pension liability	$200.9M	$197.7M	$225.8M	$234.5M
Deferred income taxes	$317.6M	$430.5M	$476.2M	$507.3M
Other liabilities	$337.1M	$306.9M	$340.3M	$333.9M
Total liabilities	$5.5B	$5.5B	$5.4B	$5.5B
Authorized, 240.0 shares; issued and outstanding, 113.6 and 115.7 shares	113.6M	115.7M	120.2M	132.3M
Accumulated other comprehensive loss	($414.5M)	($450.1M)	($496.3M)	($495.9M)
Retained earnings	$2.1B	$2.4B	$2.6B	$2.2B
Olin Corporation’s shareholders’ equity	$1.8B	$2.0B	$2.2B	$2.5B
Noncontrolling interests	$31.7M	$32.3M	$35.9M	—
Total equity	$1.9B	$2.1B	$2.3B	—
Total liabilities and equity	$7.3B	$7.6B	$7.7B	$8.0B

Olin Corp balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and cash equivalents	$177.4M	$192.2M	$140.3M	$223.8M
Receivables, net	$988.6M	$915.4M	$1.0B	$1.0B
Income taxes receivable	$54.3M	$58.7M	$77.7M	$29.1M
Inventories, net	$847.2M	$827.2M	$966.9M	$919.1M
Other current assets	$120.4M	$103.2M	$79.7M	$70.2M
Total current assets	$2.2B	$2.1B	$2.3B	$2.3B
Property, plant and equipment (less accumulated depreciation of $5,587.3, $5,508.7 and $5,417.0)	$2.1B	$2.1B	$2.2B	$2.3B
Operating lease assets, net	$365.4M	$301.7M	$298.3M	$281.8M
Deferred income taxes	$45.2M	$45.4M	$53.0M	$59.7M
Other assets	$1.2B	$1.2B	$1.2B	$1.2B
Intangible assets, net	$155.6M	$164.8M	$183.4M	$193.7M
Goodwill	$1.4B	$1.4B	$1.4B	$1.4B
Total assets	$7.4B	$7.4B	$7.6B	$7.7B
Current installments of long-term debt	$0	$0	$19.2M	$19.2M
Accounts payable	$910.3M	$911.4M	$845.7M	$901.0M
Income taxes payable	$13.7M	$13.1M	$18.9M	$44.1M
Current operating lease liabilities	$73.0M	$60.5M	$60.6M	$61.0M
Accrued liabilities	$546.1M	$558.7M	$507.9M	$520.6M
Total current liabilities	$1.5B	$1.5B	$1.5B	$1.5B
Long-term debt	$3.0B	$3.0B	$3.0B	$3.0B
Operating lease liabilities	$305.4M	$254.3M	$250.2M	$226.4M
Accrued pension liability	$197.2M	$198.3M	$228.5M	$227.4M
Deferred income taxes	$312.8M	$280.7M	$369.8M	$380.8M
Other liabilities	$341.2M	$346.0M	$332.2M	$322.1M
Total liabilities	$5.7B	$5.6B	$5.6B	$5.7B
Common stock, $1.00 par value per share: authorized, 240.0 shares; issued and outstanding, 114.0, 113.6 and 114.6 shares	$114000000.00	$113900000.00	$114100000.00	$114600000.00
Additional paid-in capital	$11.9M	$4.8M	—	—
Accumulated other comprehensive loss	($412.4M)	($418.4M)	($462.2M)	($451.4M)
Retained earnings	$2.0B	$2.0B	$2.3B	$2.3B
Olin Corporation’s shareholders’ equity	$1.7B	$1.7B	$2.0B	$2.0B
Noncontrolling interests	$400.0K	$400.0K	$31.5M	$30.6M
Total equity	$1.7B	$1.7B	$2.0B	$2.0B
Total liabilities and equity	$7.4B	$7.4B	$7.6B	$7.7B

Cash flow statement

Olin Corp cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net (loss) income	($101.1M)	$105.0M	$452.0M	$1.3B
Depreciation and amortization	$521.6M	$518.1M	$533.4M	$598.8M
Loss of Non-Consolidated Affiliate	$3.1M	—	—	—
Gains on disposition of property, plant and equipment	$0	$0	($27.0M)	($13.0M)
Stock-based compensation	$20.7M	$17.1M	$18.6M	$14.1M
Write-off of equipment and facility included in restructuring charges	$4.1M	$0	$17.7M	—
Deferred income taxes	($113.3M)	($33.7M)	($55.6M)	($32.4M)
Qualified pension plan contributions	($700.0K)	($1.3M)	($1.1M)	($1.3M)
Qualified pension plan income	($18.1M)	$23.3M	$21.0M	$33.1M
Receivables	$123.7M	($119.4M)	$65.4M	$160.8M
Income taxes receivable/payable	($179.8M)	($1.6M)	$45.8M	($2.9M)
Inventories	$80.0M	$25.9M	$94.4M	($86.3M)
Other current assets	($8.8M)	$2.4M	($3.1M)	$15.9M
Accounts payable and accrued liabilities	$128.0M	$72.8M	($133.9M)	($22.3M)
Other assets	($7.3M)	($28.4M)	($23.4M)	($2.6M)
Other noncurrent liabilities	$22.3M	($35.1M)	$15.8M	($700.0K)
Other operating activities	($200.0K)	$4.7M	($3.7M)	$0
Net operating activities	$474.2M	$503.2M	$974.3M	$1.9B
Capital expenditures	($226.3M)	($195.1M)	($236.0M)	($236.9M)
Business acquired in purchase transaction, net of cash acquired	($55.8M)	$0	$63.9M	—
Payments under other long-term supply contracts	($31.0M)	($58.6M)	($64.5M)	($37.7M)
Proceeds from disposition of property, plant and equipment	$0	$0	$28.8M	$14.9M
Investments in non-consolidated affiliates	($1.8M)	$23.0M	—	—
Other investing activities	($4.7M)	($7.0M)	($5.2M)	—
Net investing activities	($319.6M)	($283.7M)	($340.8M)	($259.7M)
Borrowings	$2.8B	$1.1B	$707.7M	$415.0M
Repayments	$2.8B	$912.2M	$621.8M	$616.1M
Common stock repurchased and retired	($50.5M)	($300.3M)	($711.3M)	($1.4B)
Stock options exercised	$2.3M	$23.9M	$25.4M	$25.7M
Employee taxes paid for share-based payment arrangements	$0	($10.5M)	—	—
Dividends paid	($91.6M)	($94.2M)	($101.0M)	($116.2M)
Debt issuance costs	($12.0M)	($1.2M)	$0	($4.4M)
Contributions received from noncontrolling interests	$0	$0	$44.1M	—
Net financing activities	($163.0M)	($212.6M)	($656.9M)	($1.6B)
Effect of exchange rate changes on cash and cash equivalents	$400.0K	($1.6M)	($300.0K)	($2.0M)
Net (decrease) increase in cash and cash equivalents	($8.0M)	$5.3M	($23.7M)	$13.5M
Cash and cash equivalents, beginning of year	$175.6M	$170.3M	$194.0M	$180.5M
Cash and cash equivalents, end of year	$167.6M	$175.6M	$170.3M	$194.0M
Interest, net	$177.9M	$180.9M	$176.8M	$141.7M
Income taxes, net of refunds	$167.1M	$105.7M	$111.7M	$356.6M

Olin Corp cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net loss	($96.3M)	($83.0M)	$42.1M	($1.6M)
Depreciation and amortization	$239.3M	$117.2M	$395.9M	$262.1M
Losses of non-consolidated affiliates	$2.4M	$1.4M	$2.4M	$1.4M
Stock-based compensation	$10.8M	$4.7M	$15.6M	$10.2M
Deferred income taxes	($4.0M)	($34.3M)	($54.1M)	($49.5M)
Qualified pension plan contributions	($600.0K)	($300.0K)	($600.0K)	($600.0K)
Qualified pension plan income	($5.4M)	($3.0M)	($13.5M)	($9.2M)
Receivables	($149.0M)	($73.9M)	($33.1M)	($34.1M)
Income taxes receivable/payable	$2.3M	($2.8M)	($196.0M)	($124.3M)
Inventories	($65.9M)	($44.3M)	($100.1M)	($51.8M)
Other current assets	($12.9M)	$1.5M	($7.4M)	($10.4M)
Accounts payable and accrued liabilities	$42.5M	$62.7M	$71.7M	$108.2M
Other assets	($1.1M)	$1.5M	$6.6M	($1.4M)
Other noncurrent liabilities	($500.0K)	$6.6M	$25.2M	$27.3M
Other operating activities	($2.3M)	($2.6M)	($1.7M)	$0
Net operating activities	($40.7M)	($48.6M)	$153.0M	$126.3M
Capital expenditures	($72.7M)	($43.7M)	($163.5M)	($92.4M)
Business acquired in purchase transaction, net of cash acquired	$0	—	($55.8M)	($55.8M)
Investments in non-consolidated affiliates	($1.9M)	($300.0K)	$1.6M	$800.0K
Other investing activities	($1.0M)	$1.0M	($4.7M)	($3.3M)
Net investing activities	($75.6M)	($43.0M)	($225.6M)	($152.3M)
Borrowings	$576.6M	$441.6M	$2.5B	$2.3B
Repayments	($374.3M)	($271.3M)	($2.3B)	($2.2B)
Common stock repurchased and retired	$0	$0	($40.4M)	($30.3M)
Stock options exercised	$3.0M	$2.1M	$2.1M	$1.9M
Dividends paid	($45.6M)	($22.8M)	($68.8M)	($46.0M)
Distributions to noncontrolling interests	($31.3M)	($31.3M)	—	—
Debt issuance costs	($2.1M)	($2.1M)	($12.0M)	($12.0M)
Net financing activities	$126.3M	$116.2M	$36.7M	$73.4M
Effect of exchange rate changes on cash and cash equivalents	($200.0K)	$0	$600.0K	$800.0K
Net increase in cash and cash equivalents	$9.8M	$24.6M	($35.3M)	$48.2M
Cash and cash equivalents, beginning of year	$167.6M	$167.6M	$175.6M	$175.6M
Cash and cash equivalents, end of period	$177.4M	$192.2M	$140.3M	$223.8M
Interest, net	$79.1M	$48.1M	$137.1M	$85.9M
Income taxes, net of refunds	$900.0K	($3.9M)	$168.3M	$144.2M
Decrease (increase) in capital expenditures included in accounts payable and accrued liabilities	($1.0M)	$16.8M	$29.3M	$1.9M

Olin Corp score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.