Orion Group Holdings, Inc. (ORN) Financial Ratios
23 years of historical data (2003–2025) · Industrials · Engineering & Construction
EV/EBITDA
↓
15.97
↑+56% vs avg
5yr avg: 10.27
30Y Low4.0·High51.1
P/FCF
N/A
—
5yr avg: 19.32
30Y Low4.8·High61.8
P/B Ratio
↑
3.96
↑+191% vs avg
5yr avg: 1.36
30Y Low0.5·High3.3
ROE
↑
1.6%
↓+125% vs avg
5yr avg: -6.3%
30Y Low-51%·High26%
Debt/EBITDA
↓
1.04
↓-70% vs avg
5yr avg: 3.44
30Y Low0.4·High5.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
ORN Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Orion Group Holdings, Inc. trades at 253.0x earnings, 60% above its 5-year average of 158.3x, sitting at the 100th percentile of its historical range. Compared to the Industrials sector median P/E of 25.5x, the stock trades at a premium of 891%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $639M | $394M | $255M | $160M | $75M | $116M | $149M | $152M | $122M | $222M | $274M |
| Enterprise Value | $681M | $437M | $321M | $214M | $138M | $173M | $213M | $248M | $193M | $299M | $375M |
| P/E Ratio → | 253.03 | 158.28 | — | — | — | — | 7.40 | — | — | 783.00 | — |
| P/S Ratio | 0.75 | 0.46 | 0.32 | 0.22 | 0.10 | 0.19 | 0.21 | 0.21 | 0.23 | 0.38 | 0.47 |
| P/B Ratio | 3.96 | 2.48 | 1.69 | 1.32 | 0.54 | 0.78 | 0.94 | 1.10 | 0.86 | 0.96 | 1.21 |
| P/FCF | — | — | — | 19.32 | — | — | 4.77 | — | 29.01 | 9.49 | 61.79 |
| P/OCF | 22.76 | 14.04 | 20.11 | 9.30 | 7.81 | 1680.85 | 3.25 | — | 5.58 | 6.50 | 11.84 |
P/E links to full P/E history page with 30-year chart
ORN EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Orion Group Holdings, Inc.'s enterprise value stands at 16.0x EBITDA, 56% above its 5-year average of 10.3x. The Industrials sector median is 13.9x, placing the stock at a 15% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.51 | 0.40 | 0.30 | 0.18 | 0.29 | 0.30 | 0.35 | 0.37 | 0.52 | 0.65 |
| EV / EBITDA | 15.97 | 10.24 | 9.37 | 12.43 | 8.58 | 10.73 | 3.97 | 8.10 | — | 9.63 | 9.81 |
| EV / EBIT | 56.12 | 37.10 | 37.24 | — | — | — | 12.17 | 637.48 | — | 345.91 | 150.28 |
| EV / FCF | — | — | — | 25.92 | — | — | 6.81 | — | 45.70 | 12.77 | 84.56 |
ORN Profitability
Margins and return-on-capital ratios measuring operating efficiency
Orion Group Holdings, Inc. earns an operating margin of 1.4%, below the Industrials sector average of 4.3%. Operating margins have expanded from -0.9% to 1.4% over the past 3 years, signaling improving operational efficiency. ROE of 1.6% is modest, trailing the sector median of 8.2%. ROIC of 4.4% represents below-average returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 12.4% | 12.4% | 11.4% | 8.7% | 6.8% | 6.8% | 11.9% | 9.0% | 3.2% | 10.8% | 11.7% |
| Operating Margin | 1.4% | 1.4% | 1.4% | -0.9% | -1.1% | -1.5% | 3.7% | 0.3% | -19.3% | 0.3% | 0.7% |
| Net Profit Margin | 0.3% | 0.3% | -0.2% | -2.5% | -1.7% | -2.4% | 2.8% | -0.8% | -18.1% | 0.1% | -0.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 1.6% | 1.6% | -1.2% | -13.8% | -8.8% | -9.5% | 13.6% | -3.8% | -50.6% | 0.2% | -1.6% |
| ROA | 0.6% | 0.6% | -0.4% | -4.6% | -3.5% | -3.8% | 5.0% | -1.5% | -25.3% | 0.1% | -0.8% |
| ROIC | 4.4% | 4.4% | 4.4% | -2.6% | -3.0% | -3.3% | 8.7% | 0.7% | -29.0% | 0.4% | 0.9% |
| ROCE | 5.6% | 5.6% | 5.4% | -3.5% | -4.4% | -4.4% | 11.1% | 0.9% | -37.4% | 0.5% | 1.2% |
ORN Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Orion Group Holdings, Inc. carries a Debt/EBITDA ratio of 1.0x, which is manageable (68% below the sector average of 3.2x). Net debt stands at $43M ($44M total debt minus $2M cash). Interest coverage of just 1.4x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.28 | 0.28 | 0.63 | 0.70 | 0.48 | 0.47 | 0.41 | 0.70 | 0.56 | 0.37 | 0.45 |
| Debt / EBITDA | 1.04 | 1.04 | 2.76 | 4.96 | 4.15 | 4.30 | 1.22 | 3.17 | — | 2.77 | 2.65 |
| Net Debt / Equity | — | 0.27 | 0.44 | 0.45 | 0.46 | 0.38 | 0.40 | 0.69 | 0.50 | 0.33 | 0.45 |
| Net Debt / EBITDA | 1.00 | 1.00 | 1.93 | 3.16 | 3.92 | 3.53 | 1.19 | 3.13 | — | 2.48 | 2.64 |
| Debt / FCF | — | — | — | 6.60 | — | — | 2.04 | — | 16.69 | 3.28 | 22.77 |
| Interest Coverage | 1.37 | 1.37 | 0.64 | -0.70 | -2.92 | -4.08 | 3.57 | 0.06 | -5.01 | 0.15 | 0.40 |
ORN Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.36x means Orion Group Holdings, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.26x to 1.36x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.36 | 1.36 | 1.41 | 1.26 | 1.16 | 1.22 | 1.30 | 1.42 | 1.59 | 1.57 | 1.66 |
| Quick Ratio | 1.35 | 1.35 | 1.40 | 1.25 | 1.15 | 1.21 | 1.29 | 1.41 | 1.58 | 1.54 | 1.61 |
| Cash Ratio | 0.01 | 0.01 | 0.15 | 0.14 | 0.02 | 0.08 | 0.01 | 0.01 | 0.10 | 0.07 | 0.00 |
| Asset Turnover | — | 2.06 | 1.91 | 1.71 | 2.04 | 1.71 | 1.71 | 1.79 | 1.66 | 1.34 | 1.29 |
| Inventory Turnover | 307.01 | 307.01 | 357.26 | 240.87 | 243.74 | 392.43 | 403.90 | 578.41 | 472.77 | 116.66 | 94.72 |
| Days Sales Outstanding | — | — | 105.39 | 117.58 | 100.22 | 107.35 | 116.11 | 105.58 | 85.71 | 109.90 | 111.81 |
ORN Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Orion Group Holdings, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 0.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.4% | 0.6% | — | — | — | — | 13.5% | — | — | 0.1% | — |
| FCF Yield | — | — | — | 5.2% | — | — | 21.0% | — | 3.4% | 10.5% | 1.6% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $40M | $35M | $32M | $31M | $31M | $30M | $29M | $29M | $28M | $28M |
Peer Comparison
Compare ORN with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 ORNYou | $639M | 253.0 | 16.0 | — | 12.4% | 1.4% | 1.6% | 4.4% | 1.0 |
 GLDD | $1B | 15.7 | 9.3 | 11.4 | 22.9% | 14.1% | 15.2% | 9.7% | 2.7 |
 PRIM | $5B | 20.2 | 12.3 | 16.1 | 10.7% | 5.5% | 17.8% | 13.6% | 2.5 |
 ROAD | $7B | 66.7 | 21.8 | 45.2 | 15.6% | 8.5% | 13.7% | 10.3% | 4.4 |
 MYRG | $7B | 61.2 | 31.1 | 30.9 | 11.5% | 4.4% | 18.8% | 18.3% | 0.5 |
 GVA | $6B | 40.4 | 17.7 | 19.4 | 16.1% | 5.9% | 16.8% | 10.8% | 3.8 |
 MDU | $4B | 22.9 | 14.4 | — | 21.6% | 15.5% | 7.0% | 4.2% | 5.5 |
 STRL | $26B | 91.9 | 53.7 | 72.9 | 22.1% | 16.6% | 30.0% | 38.9% | 0.7 |
 IESC | $14B | 47.4 | 33.0 | 64.9 | 25.5% | 11.4% | 39.7% | 37.5% | 0.4 |
 WLDN | $1B | 25.5 | 21.5 | 19.0 | 37.5% | 6.5% | 19.5% | 11.5% | 1.1 |
 VMC | $39B | 37.3 | 19.1 | 34.6 | 27.3% | 20.1% | 13.0% | 8.8% | 2.3 |
| Industrials Median | — | 25.5 | 13.9 | 20.1 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 22 years · Updated daily
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ORN — Frequently Asked Questions
Quick answers to the most common questions about buying ORN stock.
What is Orion Group Holdings, Inc.'s P/E ratio?
Orion Group Holdings, Inc.'s current P/E ratio is 253.0x. The historical average is 40.3x. This places it at the 100th percentile of its historical range.
What is Orion Group Holdings, Inc.'s EV/EBITDA?
Orion Group Holdings, Inc.'s current EV/EBITDA is 16.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.1x.
What is Orion Group Holdings, Inc.'s ROE?
Orion Group Holdings, Inc.'s return on equity (ROE) is 1.6%. The historical average is 1.4%.
Is ORN stock overvalued?
Based on historical data, Orion Group Holdings, Inc. is trading at a P/E of 253.0x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Orion Group Holdings, Inc.'s profit margins?
Orion Group Holdings, Inc. has 12.4% gross margin and 1.4% operating margin.
How much debt does Orion Group Holdings, Inc. have?
Orion Group Holdings, Inc.'s Debt/EBITDA ratio is 1.0x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.