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Olin Corporation manufactures and distributes chemical products in the United States, Europe, Asia Pacific, Latin America, and Canada. It operates through three segments: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride and vinyl chloride monomers, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, hydrochloric acid, hydrogen, bleach products, potassium hydroxide, and chlorinated organics intermediates and solvents. The Epoxy segment provides Allylics, such as allyl chloride, epichlorohydrin, and glycerin; aromatics, including acetone, bisphenol, cumene, and phenol; liquid and solid epoxy resins; and converted epoxy resins and additives. The Winchester segment offers sporting ammunition products, including shotshells, small caliber centerfire, and rimfire ammunition products for hunters and recreational shooters, and law enforcement agencies; small caliber military ammunition products for use in infantry and mounted weapons; and industrial products comprising gauge loads and powder-actuated tool loads for maintenance applications in power and concrete industries, and powder-actuated tools in construction industry. The company markets its products through its sales force, as well as directly to various industrial customers, mass merchants, retailers, wholesalers, other distributors, and the U.S. Government and its prime contractors. Olin Corporation was incorporated in 1892 and is based in Clayton, Missouri.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Olin Corporation is a U.S.-based manufacturer of chemicals and ammunition, operating chlor-alkali and vinyls segments alongside Winchester Ammunition that serve industrial and construction customers. Long-term growth may be supported by demand for chlorine derivatives, construction and infrastructure activity, and margin gains from operational improvements and portfolio optimization. Investors may find its scale in chemicals and ammunition attractive because it could support resilient cash flow.
Principal investment risks include sensitivity to commodity and energy price volatility, environmental and regulatory exposure from chemical operations, and demand cyclicality in housing and industrial markets.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 1676.00M | 1538.70M | -1020.00M | -36.90M | 437.30M |
| Net income | 1326.90M | 1296.70M | -969.90M | -11.30M | 327.90M |
| Selling general administrative | 393.90M | 416.90M | 422.00M | 416.90M | 430.60M |
| Selling and marketing expenses | - | - | 422.00M | - | - |
| Gross profit | 2181.90M | 2294.20M | 383.40M | 670.80M | 1124.00M |
| Reconciled depreciation | 598.80M | 582.50M | 568.40M | 597.40M | 601.40M |
| Ebit | 1779.00M | 1850.80M | -18.50M | 282.80M | 703.40M |
| Ebitda | 2444.00M | 2497.10M | 549.90M | 880.20M | 1304.80M |
| Depreciation and amortization | 665.00M | 646.30M | 568.40M | 597.40M | 601.40M |
| Non operating income net other | 2.20M | 0.20M | 0.50M | 12.20M | -18.10M |
| Operating income | 1779.00M | 1850.80M | -18.50M | 282.80M | 676.90M |
| Other operating expenses | 7571.90M | 7031.90M | 5795.90M | 5855.70M | 6246.30M |
| Interest expense | 143.90M | 348.00M | 292.70M | 243.20M | 243.20M |
| Tax provision | 349.10M | 242.00M | -50.10M | -25.60M | 109.40M |
| Interest income | 141.70M | 0.20M | 0.50M | 1.00M | 1.60M |
| Net interest income | -141.70M | -347.80M | -292.20M | -242.20M | -241.60M |
| Extraordinary items | - | - | 0.00M | 0.00M | -0.10M |
| Non recurring | 25.30M | 27.90M | 708.80M | 76.50M | 22.90M |
| Income tax expense | 349.10M | 242.00M | -50.10M | -25.60M | 109.40M |
| Total revenue | 9376.20M | 8910.60M | 5758.00M | 6110.00M | 6946.10M |
| Total operating expenses | 377.60M | 415.50M | 421.30M | 416.50M | 424.20M |
| Cost of revenue | 7194.30M | 6616.40M | 5374.60M | 5439.20M | 5822.10M |
| Total other income expense net | -103.00M | -312.10M | -1001.50M | -319.70M | -20.90M |
| Net income from continuing ops | 1326.90M | 1296.70M | -969.90M | -11.30M | 327.90M |
| Net income applicable to common shares | 1326.90M | 1296.70M | -969.90M | -11.30M | 327.90M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 8044.20M | 8517.70M | 8270.90M | 9187.80M | 8997.40M |
| Intangible assets | 273.80M | 331.70M | 399.40M | 448.10M | 511.60M |
| Other current assets | 52.70M | 92.70M | 66.70M | 23.10M | 35.00M |
| Total liab | 5500.60M | 5865.50M | 6818.60M | 6770.30M | 6165.20M |
| Total stockholder equity | 2543.60M | 2652.20M | 1452.30M | 2417.50M | 2832.20M |
| Deferred long term liab | 507.30M | 558.90M | 443.20M | 454.50M | 518.90M |
| Other current liab | 642.20M | 556.50M | 0.10M | 19.00M | 355.90M |
| Common stock | 132.30M | 156.80M | 158.00M | 157.70M | 165.30M |
| Capital stock | 132.30M | 156.80M | 158.00M | 157.70M | 165.30M |
| Retained earnings | 2224.50M | 1013.80M | -155.10M | 941.10M | 1070.50M |
| Other liab | 1075.70M | 1303.20M | 1492.60M | 2046.00M | 1908.80M |
| Good will | 1420.90M | 1420.60M | 1420.20M | 2119.70M | 2119.60M |
| Other assets | 1163.00M | 1231.10M | 1563.00M | 91.80M | 68.40M |
| Cash | 194.00M | 180.50M | 189.70M | 220.90M | 178.80M |
| Cash and equivalents | 194.00M | 180.50M | 189.70M | 220.90M | 178.80M |
| Total current liabilities | 1561.40M | 1682.10M | 1196.90M | 1082.20M | 1118.30M |
| Current deferred revenue | - | - | 366.60M | 329.90M | - |
| Net debt | 2751.00M | 2977.60M | 4040.40M | 3502.60M | 3051.50M |
| Short term debt | 81.50M | 277.90M | 101.00M | 81.40M | 125.90M |
| Short long term debt | 9.70M | 201.10M | 26.30M | 2.10M | 125.90M |
| Short long term debt total | 2945.00M | 3158.10M | 4230.10M | 3723.50M | 3230.30M |
| Other stockholder equity | 682.70M | 1969.60M | 2137.80M | 2122.10M | 2247.40M |
| Property plant equipment | 3030.10M | 3286.00M | 3171.00M | 3323.80M | 3482.10M |
| Total current assets | 2156.40M | 2248.30M | 1717.10M | 1714.00M | 1707.40M |
| Long term investments | - | - | - | 0.00M | 8.80M |
| Net tangible assets | 848.90M | 899.90M | 1450.80M | -150.30M | 201.00M |
| Net receivables | 967.80M | 1106.80M | 786.00M | 774.30M | 782.20M |
| Long term debt | 2571.00M | 2578.20M | 3837.50M | 3338.70M | 3104.40M |
| Inventory | 941.90M | 868.30M | 674.70M | 695.70M | 711.40M |
| Accounts payable | 837.70M | 847.70M | 729.20M | 651.90M | 636.50M |
| Accumulated other comprehensive income | -495.90M | -488.00M | -688.40M | -803.40M | -651.00M |
| Common stock total equity | 132.30M | 156.80M | 158.00M | 157.70M | 165.30M |
| Retained earnings total equity | 2224.50M | 1013.80M | -155.10M | 941.10M | 1070.50M |
| Non currrent assets other | 1102.50M | 1131.80M | 1191.30M | 1169.10M | 1141.60M |
| Deferred long term asset charges | - | - | - | 35.30M | 26.30M |
| Non current assets total | 5887.80M | 6269.40M | 6553.80M | 7473.80M | 7290.00M |
| Capital lease obligations | 364.30M | 378.80M | 366.30M | 382.70M | 10.60M |
| Long term debt total | 2571.00M | 2578.20M | 3837.50M | 3338.70M | 3104.40M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -259.70M | -197.40M | -835.70M | 20.00M | -382.30M |
| Change to liabilities | -25.90M | 240.10M | 150.90M | 19.50M | -10.20M |
| Total cashflows from investing activities | -259.70M | -197.40M | -835.70M | -365.60M | -382.30M |
| Net borrowings | -205.50M | -1103.10M | 510.00M | 64.20M | -384.60M |
| Total cash from financing activities | -1646.70M | -1552.00M | 385.60M | -209.30M | -564.80M |
| Change to operating activities | 12.60M | -9.40M | -30.60M | 36.60M | 1.90M |
| Net income | 1326.90M | 1296.70M | -969.90M | -11.30M | 327.90M |
| Change in cash | 13.50M | -9.20M | -31.20M | 42.10M | -39.60M |
| Begin period cash flow | 180.50M | 189.70M | 220.90M | 178.80M | 218.40M |
| End period cash flow | 194.00M | 180.50M | 189.70M | 220.90M | 178.80M |
| Total cash from operating activities | 1921.90M | 1741.00M | 418.40M | 617.30M | 907.80M |
| Depreciation | 598.80M | 582.50M | 568.40M | 597.40M | 601.40M |
| Other cashflows from investing activities | -22.80M | 3.20M | -536.80M | 20.00M | 2.90M |
| Dividends paid | 116.20M | 127.80M | 126.30M | 129.30M | 133.60M |
| Change to inventory | -86.30M | -206.00M | 28.60M | 13.00M | -35.50M |
| Change to account receivables | 160.80M | -360.00M | -11.00M | 12.30M | -46.30M |
| Sale purchase of stock | -1350.70M | -251.90M | 1.90M | -145.90M | -50.00M |
| Other cashflows from financing activities | 21.30M | -141.60M | 1819.10M | -16.60M | -8.50M |
| Change to netincome | -32.60M | 92.00M | 692.90M | -2.00M | 69.30M |
| Capital expenditures | 236.90M | 200.60M | 298.90M | 385.60M | 385.20M |
| Change receivables | 160.80M | -360.00M | -0.30M | 12.30M | -46.30M |
| Cash flows other operating | -19.80M | -58.90M | -52.20M | -11.60M | 1.20M |
| Exchange rate changes | - | -0.80M | 0.50M | -0.30M | -0.30M |
| Cash and cash equivalents changes | 15.50M | -9.20M | -31.20M | 42.10M | -39.60M |
| Change in working capital | 61.90M | -230.20M | 135.80M | 40.20M | -69.90M |
| Stock based compensation | 14.10M | 8.30M | 13.60M | 10.70M | 12.00M |
| Other non cash items | -47.40M | 126.40M | 688.90M | 25.80M | 0.80M |
| Free cash flow | 1685.00M | 1540.40M | 119.50M | 231.70M | 522.60M |
Sector: Basic Materials Industry: Specialty Chemicals
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| OLN Olin Corporation |
-0.03 0.17% |
17.50 | 11.67 | 11.92 | 0.89 | 2.75 | 1.30 | 6.36 |
| LIN Linde plc Ordinary Shares |
5.68 1.11% |
517.24 | 33.77 | 28.90 | 6.56 | 5.42 | 7.03 | 18.92 |
| AIQUY Air Liquide SA ADR |
1.19 2.92% |
41.94 | 30.69 | 24.81 | 4.70 | 4.10 | 4.36 | 15.61 |
| AIQUF L'Air Liquide S.A |
3.63 1.82% |
203.13 | 29.78 | 22.68 | 4.54 | 3.98 | 4.50 | 15.90 |
| SHW Sherwin-Williams Co |
16.24 4.76% |
357.11 | 33.33 | 27.40 | 3.38 | 20.60 | 3.88 | 21.36 |
Olin Corporation manufactures and distributes chemical products in the United States, Europe, Asia Pacific, Latin America, and Canada. It operates through three segments: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride and vinyl chloride monomers, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, hydrochloric acid, hydrogen, bleach products, potassium hydroxide, and chlorinated organics intermediates and solvents. The Epoxy segment provides Allylics, such as allyl chloride, epichlorohydrin, and glycerin; aromatics, including acetone, bisphenol, cumene, and phenol; liquid and solid epoxy resins; and converted epoxy resins and additives. The Winchester segment offers sporting ammunition products, including shotshells, small caliber centerfire, and rimfire ammunition products for hunters and recreational shooters, and law enforcement agencies; small caliber military ammunition products for use in infantry and mounted weapons; and industrial products comprising gauge loads and powder-actuated tool loads for maintenance applications in power and concrete industries, and powder-actuated tools in construction industry. The company markets its products through its sales force, as well as directly to various industrial customers, mass merchants, retailers, wholesalers, other distributors, and the U.S. Government and its prime contractors. Olin Corporation was incorporated in 1892 and is based in Clayton, Missouri.
| Name | Title | Year Born |
|---|---|---|
| Mr. Scott McDougald Sutton | Pres, CEO & Chairman | 1965 |
| Mr. Todd A. Slater | Sr. VP & CFO | 1964 |
| Mr. James A. Varilek | Exec. VP & COO | 1958 |
| Mr. Damian Gumpel | VP and Pres of Epoxy & Corp. Strategy | 1975 |
| Steve A. Keenan | Director of Investor Relations | NA |
| Ms. Dana C. O'Brien | Sr. VP, Gen. Counsel & Sec. | 1968 |
| Ms. Valerie A. Peters | VP of HR | 1964 |
| Mr. John Maurice Sampson | Exec. VP of Bus. Operations | 1961 |
| Mr. Brett A. Flaugher | VP & Pres of Winchester | 1965 |
| Mr. Patrick Murphy Schumacher | VP and Pres of Chlor Alkali Products & Vinyls | NA |
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