ORN Stock Analysis: Orion Holdings | NYSE
Engineering & Construction | NYSE, USA | Market Cap: 410m USD | 12M Return: 47.3% | US68628V3087 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.88M
Qual. Beats: 0
Rev. Trend: 97.7%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Orion Group Holdings, Inc. (NYSE: ORN) is a specialty construction company headquartered in Houston, Texas, operating in the United States, Canada, and the Caribbean Basin. The company runs two reporting segments: Marine and Concrete, serving infrastructure, industrial, and building end markets. Its Marine segment builds, rehabilitates, and maintains ports, terminals, cruise ship berths, Navy facilities, bridges, causeways, and environmental protection structures, and provides dredging, diving, and underwater pipeline services. The Concrete segment places foundations, slabs, and structural concrete for data centers, warehouses, distribution facilities, commercial and multi-family buildings, and institutional projects.
The business operates in the Construction & Engineering sub-industry, a project-based sector where revenue is typically tied to long-term contracts and government-funded port, waterway, and defense infrastructure work. Demand for the Concrete segment is increasingly tied to large-scale data center development, while the Marine segment benefits from ongoing U.S. port modernization, coastal resilience, and Navy facility spending. The company was founded in 1994 and changed its name from Orion Marine Group to Orion Group Holdings in May 2016.
- Data center concrete backlog surges on AI infrastructure buildout
- Port and harbor dredging awards accelerate under federal IIJA funding
- Marine segment margins pressured by steel and labor cost inflation
| Net Income: 3.60m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.04 > 0.02 and ΔFCF/TA -7.89 > 1.0 |
| NWC/Revenue: 10.26% < 20% (prev 9.18%; Δ 1.08% < -1%) |
| CFO/TA 0.05 > 3% & CFO 24.4m > Net Income 3.60m |
| Net Debt (209.8m) to EBITDA (39.2m): 5.35 < 3 |
| Current Ratio: 1.52 > 1.5 & < 3 |
| Outstanding Shares: last quarter (40.3m) vs 12m ago 2.32% < -2% |
| Gross Margin: 11.78% > 18% (prev 12.68%; Δ -0.90% > 0.5%) |
| Asset Turnover: 193.0% > 50% (prev 193.5%; Δ -0.53% > 0%) |
| Interest Coverage Ratio: 0.43 > 6 (EBIT TTM 7.89m / Interest Expense TTM 18.2m) |
| A: 0.19 (Total Current Assets 268.8m - Total Current Liabilities 176.8m) / Total Assets 496.2m |
| B: -0.12 (Retained Earnings -60.7m / Total Assets 496.2m) |
| C: 0.02 (EBIT TTM 7.89m / Avg Total Assets 464.5m) |
| D: 0.50 (Book Value of Equity 164.5m / Total Liabilities 331.8m) |
| Altman-Z'' = 1.45 = BB |
| DSRI: 0.88 (Receivables 253.2m/267.6m, Revenue 896.5m/837.5m) |
| GMI: 1.08 (GM 12.68% / 11.78%) |
| AQI: 5.47 (AQ_t 0.10 / AQ_t-1 0.02) |
| SGI: 1.07 (Revenue 896.5m / 837.5m) |
| TATA: -0.04 (NI 3.60m - CFO 24.4m) / TA 496.2m) |
| Beneish M = -0.36 (Cap -4..+1) = D |
As of August 09, 2026, the stock is trading at USD 10.31 with a total of 326,367 shares traded. Over the past week, the price has changed by +5.42%, over one month by -27.65%, over three months by -30.10% and over the past year by +47.29%.
Current recommended Stop Loss: 9.00 (which is 12.7% or 1.5 ATR below the current price).
Orion Holdings has received a consensus analysts rating of 4.75. Therefore, it is recommended to buy ORN.
- StrongBuy: 3
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 15.3 | 48.6% |
P/E Trailing = 126.5
P/E Forward = 38.9105
P/S = 0.4571
P/B = 2.5456
P/EG = 28.96
Revenue TTM = 896.5m USD
EBIT TTM = 7.89m USD
EBITDA TTM = 39.2m USD
Long Term Debt = 93.0m USD (from longTermDebt, last quarter)
Short Term Debt = 19.8m USD (from shortTermDebt, last quarter)
Debt = 212.3m USD (from shortLongTermDebtTotal, last quarter) + Leases 63.5m
Net Debt = 209.8m USD (calculated: Debt 212.3m - CCE 2.53m)
Enterprise Value = 619.6m USD (409.8m + Debt 212.3m - CCE 2.53m)
Interest Coverage Ratio = 0.43 (Ebit TTM 7.89m / Interest Expense TTM 18.2m)
EV/FCF = -33.61x (Enterprise Value 619.6m / FCF TTM -18.4m)
FCF Yield = -2.98% (FCF TTM -18.4m / Enterprise Value 619.6m)
FCF Margin = -2.06% (FCF TTM -18.4m / Revenue TTM 896.5m)
Net Margin = 0.40% (Net Income TTM 3.60m / Revenue TTM 896.5m)
Gross Margin = 11.78% ((Revenue TTM 896.5m - Cost of Revenue TTM 790.9m) / Revenue TTM)
Gross Margin QoQ = 10.33% (prev 11.96%)
Tobins Q-Ratio = 1.25 (Enterprise Value 619.6m / Total Assets 496.2m)
Interest Expense / Debt = 8.55% (Interest Expense 18.2m / Debt 212.3m)
Taxrate = 14.41% (419k / 2.91m)
NOPAT = 6.76m (EBIT 7.89m * (1 - 14.41%))
Current Ratio = 1.52 (Total Current Assets 268.8m / Total Current Liabilities 176.8m)
Debt / Equity = 1.29 (Debt 212.3m / totalStockholderEquity, last quarter 164.5m)
Debt / EBITDA = 5.35 (Net Debt 209.8m / EBITDA 39.2m)
Debt / FCF = -11.38 (negative FCF - burning cash) (Net Debt 209.8m / FCF TTM -18.4m)
Total Stockholder Equity = 162.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.78% (Net Income 3.60m / Total Assets 496.2m)
RoE = 2.22% (Net Income TTM 3.60m / Total Stockholder Equity 162.0m)
RoCE = 3.10% (EBIT 7.89m / Capital Employed (Equity 162.0m + L.T.Debt 93.0m))
RoIC = 2.01% (NOPAT 6.76m / Invested Capital 336.7m)
WACC = 11.92% (E(409.8m)/V(622.1m) * Re(14.31%) + D(212.3m)/V(622.1m) * Rd(8.55%) * (1-Tc(0.14)))
Discount Rate = 14.31% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 88.46 | Cagr: 9.98%
[DCF] Fair Price = unknown (Cash Flow -18.4m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.58 | # QB: 0
Revenue Correlation: 97.67 | Revenue CAGR: 9.89% | SUE: -0.15 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.10 | Chg30d=-39.27% | Revisions=-25% | Analysts=6
EPS current Year (2026-12-31): EPS=0.25 | Chg30d=-36.62% | Revisions=+25% | GrowthEPS=+1.5% | GrowthRev=+9.1%
EPS next Year (2027-12-31): EPS=0.45 | Chg30d=-35.81% | Revisions=-25% | GrowthEPS=+77.1% | GrowthRev=+7.9%
[Analyst] Revisions Ratio: -17% (up=1, down=2)