Olin Corporation OLN
Olin Corporation scores weak on business quality (2.0 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Olin Corporation does
Olin manufactures and sells chlor Alkali products, epoxy, and Winchester ammunition, generating revenue from industrial chemicals and consumer sales.
- What it does best
Olin holds a massive global footprint in chlor Alkali and epoxy production, but its gross margin sits at 7.2%, placing it in the bottom quartile of its sector at the 3rd percentile.
- The main risk
Severe financial distress looms as interest coverage sits at negative 0.15x, meaning operating earnings fail to cover debt servicing costs entirely.
Quality, check by check
Scored against its own industry, from company filings.
Operating margin of negative 0.4% and an ROE of negative 10.9% confirm that the business currently destroys capital rather than scaling earnings.
The company lacks a meaningful competitive moat, ranking in the 3rd percentile for gross margin and 10th for ROE, leaving it fully exposed to commodity pricing cycles.
Revenue grew 3.7% to $6.7B over the latest period, showing a slight pulse after historical declines from 2022 peaks.
Debt-to-equity of 1.5x combined with negative interest coverage leaves the balance sheet under heavy strain, though free cash flow printed $100M.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
No open market buys or unplanned sales by executives or directors.
Our sealed record on OLN
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Olin Corporation scores weak on the Cluenex quality check (2.0 of 10), measured against its own industry. Profitability is weak, moat weak, growth slow and financial health weak.
In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.
Oct 29, 2026, after the close.
See OLN today
- Today's verdict on OLN, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “Olin Corporation (OLN)”, https://cluenex.com/stocks/oln/, data as of Oct 10, 2026.