OLN
Basic MaterialsOlin Corporation · Chemicals - Specialty · $3B
What is Olin Corporation?
Olin Corporation is a mid-cap chemicals and ammunition manufacturer headquartered in Clayton, Missouri. It operates across three distinct business segments that span industrial chemicals, epoxy materials, and branded sporting ammunition.
Olin generates revenue through three segments. The Chlor Alkali Products and Vinyls segment produces chlorine, caustic soda, and related chemical intermediates sold to industrial customers. The Epoxy segment supplies resins and precursors used in coatings, adhesives, electronics, and wind energy applications. The Winchester segment manufactures sporting, law enforcement, and military small-caliber ammunition — a consumer-facing business that provides some revenue diversification from the cyclical chemicals side.
Olin Corporation was incorporated in 1987 and is headquartered in Clayton, US.
- Chlorine and caustic soda for industrial applications
- Epoxy resins for coatings, composites, and electronics
- Winchester sporting and centerfire ammunition
- Military and law enforcement small-caliber ammunition
- Chlorinated solvents and chemical intermediates
Is OLN a Good Stock to Buy?
UQS Score rates OLN as Poor overall, placing it in the lowest tier of our composite ranking system.
Among the five pillars, Valuation stands out as the relative bright spot — rated Good — suggesting the market may already be pricing in the company's operational challenges, which could interest contrarian-minded investors.
Quality, Moat, Growth, and Risk are all rated Weak, reflecting broad fundamental headwinds across profitability, competitive positioning, earnings trajectory, and balance sheet stability.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does OLN pay dividends?
Yes — Olin Corporation pays a dividend.
Olin pays a regular dividend, which may appeal to income-oriented investors willing to accept the company's cyclical risk profile. Given the Weak Quality and Risk pillar ratings, investors should weigh dividend sustainability carefully. The chemicals sector is historically sensitive to demand cycles, which can pressure cash flows available for distributions.
When does OLN report earnings?
Olin Corporation reports earnings on a quarterly cadence, typical for US-listed equities.
The company's Weak Growth pillar rating suggests recent earnings trends have been under pressure relative to sector peers. Cyclical demand softness in chlor-alkali markets and epoxy has weighed on results in recent periods.
For the most recent quarter's results and guidance, visit Olin Corporation's investor relations page directly.
OLN Price History
-38.8% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Olin Corporation?
Based on Olin Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
OLN Long-term Outlook
Olin's fundamental outlook is shaped by its Weak Growth and Weak Risk pillar ratings, pointing to a challenging near-term trajectory. Recovery in chlor-alkali pricing and epoxy demand would be key catalysts, but both markets remain sensitive to global industrial activity. The Good Valuation rating suggests downside may be partially reflected in the current price, though weak underlying fundamentals limit conviction in a near-term rebound.
Growth drivers
- Potential recovery in chlor-alkali and epoxy pricing cycles
- Steady demand from Winchester's defense and law enforcement contracts
- Cost rationalization efforts across the chemicals segments
Key risks
- Prolonged weakness in global industrial chemical demand
- High financial risk profile flagged by the Weak Risk pillar
- Competitive pressure in commodity chemicals with limited pricing power
OLN vs Peers
Olin operates in a fragmented chemicals and specialty materials landscape alongside companies of varying scale and focus.
5N Plus focuses on high-purity specialty metals and semiconductors, targeting narrower but higher-margin end markets than Olin's commodity chemical base.
WD-40 competes in specialty chemical products with a strong consumer brand, giving it a very different moat profile compared to Olin's industrial commodity positioning.
Hawkins distributes industrial and water treatment chemicals with a regional focus, operating at a smaller scale but with a more stable demand profile than Olin's cyclical segments.
Frequently Asked Questions
What does Olin Corporation do?
Olin Corporation manufactures and distributes chemical products and ammunition through three segments: Chlor Alkali Products and Vinyls, Epoxy, and Winchester. The chemicals segments serve industrial customers globally, while Winchester produces sporting, military, and law enforcement ammunition.
Does OLN pay dividends?
Yes, Olin pays a regular dividend. However, given the company's Weak Quality and Risk pillar ratings, investors should assess whether the dividend is sustainable through the current part of the chemicals demand cycle before relying on it for income.
When does OLN report earnings?
Olin reports earnings on a quarterly cadence, as is standard for US-listed companies. For exact dates and the most recent results, check Olin Corporation's official investor relations page.
Is OLN a good stock to buy?
OLN carries a Poor UQS Score, driven by Weak ratings across Quality, Moat, Growth, and Risk pillars. The Valuation pillar is rated Good, which may interest contrarian investors, but the broad fundamental weakness warrants careful consideration. View the full breakdown with a Pro account.
Is OLN overvalued?
The UQS Valuation pillar for OLN is rated Good, suggesting the stock is not considered expensive relative to its fundamentals at current levels. This is one of the few positive signals in an otherwise challenging overall profile.
How does OLN compare to its competitors?
Compared to peers like WD-40 Company and Hawkins, Inc., Olin operates in more commodity-driven, cyclical markets with less brand-driven pricing power. Its diversification into Winchester ammunition provides some differentiation, but the overall competitive position is rated Weak by UQS.
What is OLN's market cap bracket?
Olin Corporation is classified as a mid-cap company, placing it in a tier that typically offers more liquidity than small-caps but less stability than large-cap peers in the basic materials sector.
Who founded Olin Corporation?
Olin Corporation's roots trace back to earlier chemical and ammunition businesses, with the current corporate structure established in 1987. Detailed founding history is widely available through Olin's official corporate history resources.
Is OLN a long-term quality investment?
As a long-term quality indicator, OLN's Poor UQS Score and Weak ratings across four of five pillars suggest the business currently lacks the durable characteristics — strong moat, consistent growth, and low risk — typically associated with high-quality long-term holdings.
What is the main competitive advantage of Olin Corporation?
Olin's primary competitive differentiator is its integrated chlor-alkali production scale and the Winchester brand's established position in sporting and defense ammunition. However, the UQS Moat pillar rates this competitive position as Weak, reflecting limited pricing power in commodity chemical markets.
What sector does OLN belong to?
Olin Corporation belongs to the Basic Materials sector, specifically within industrial chemicals and ammunition manufacturing. This sector is highly sensitive to global economic cycles, raw material costs, and industrial demand trends.
Is OLN a growth stock or value stock?
Based on UQS pillar ratings, OLN does not fit neatly into either category. The Growth pillar is rated Weak, ruling out a growth classification. The Valuation pillar is rated Good, giving it a mild value characteristic — though weak fundamentals temper that framing.
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Pro Analysis
OLN — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 28.8 | 20.6 | 18.0 | 36.4 | 9.9 | 69.5 | +2.3 |
| May 10, 2026 | 26.5 | 2.2 | 18.0 | 33.4 | 36.9 | 61.6 | +0.2 |
| May 8, 2026 | 26.3 | 2.2 | 18.0 | 33.0 | 36.9 | 60.7 | -1.8 |
| May 3, 2026 | 28.1 | 19.9 | 18.0 | 33.0 | 10.9 | 69.5 | -0.2 |
| Apr 26, 2026 | 28.3 | 19.9 | 18.0 | 33.0 | 10.9 | 70.4 | +0.1 |
| Apr 21, 2026 | 28.2 | 19.9 | 18.0 | 32.5 | 10.9 | 70.9 | 0.0 |
| Apr 19, 2026 | 28.2 | 19.9 | 18.0 | 33.0 | 10.9 | 70.2 | +0.2 |
| Apr 18, 2026 | 28.0 | 19.9 | 18.0 | 33.0 | 10.9 | 68.6 | -0.1 |
| Apr 15, 2026 | 28.1 | 19.9 | 18.0 | 33.0 | 10.9 | 69.3 | +0.4 |
| Apr 14, 2026 | 27.7 | 19.9 | 18.0 | 32.2 | 10.9 | 67.7 | 0.0 |
OLN — Pillar Breakdown
Quality
— 20.6/100 (25%)Olin Corporation currently shows below-average quality metrics, suggesting challenges with profitability.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 36.4/100 (20%)Olin Corporation shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 9.9/100 (15%)Olin Corporation presents elevated risk with concerns around leverage or financial stability.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 69.8/100 (15%)Olin Corporation trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 18/100 (25%)Olin Corporation operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for OLN.
Score Composition
Financial Data
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How is the OLN UQS Score Calculated?
The UQS (Unified Quality Score) for Olin Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Olin Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Olin Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.