Olin Corporation

OLN

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

6,540

Cost of Revenue

5,803

Gross Profit

738

Gross Margin

11.3%

Operating Income

297

Operating Margin

4.5%

Net Income

109

Net Margin

1.7%

EPS (Basic)

$0.92

EPS (Diluted)

$0.91

EBITDA

874

EBITDA Margin

13.4%

2023

12/31/2023

Revenue

6,833

Cost of Revenue

5,674

Gross Profit

1,159

Gross Margin

17.0%

Operating Income

712

Operating Margin

10.4%

Net Income

460

Net Margin

6.7%

EPS (Basic)

$3.66

EPS (Diluted)

$3.57

EBITDA

1,310

EBITDA Margin

19.2%

2022

12/31/2022

Revenue

9,376

Cost of Revenue

7,195

Gross Profit

2,181

Gross Margin

23.3%

Operating Income

1,779

Operating Margin

19.0%

Net Income

1,327

Net Margin

14.2%

EPS (Basic)

$9.16

EPS (Diluted)

$8.94

EBITDA

2,428

EBITDA Margin

25.9%

2021

12/31/2021

Revenue

8,911

Cost of Revenue

6,619

Gross Profit

2,292

Gross Margin

25.7%

Operating Income

1,851

Operating Margin

20.8%

Net Income

1,297

Net Margin

14.6%

EPS (Basic)

$8.15

EPS (Diluted)

$7.96

EBITDA

2,493

EBITDA Margin

28.0%

2020

12/31/2020

Revenue

5,758

Cost of Revenue

5,375

Gross Profit

383

Gross Margin

6.7%

Operating Income

-747

Operating Margin

-13.0%

Net Income

-970

Net Margin

-16.8%

EPS (Basic)

$-6.14

EPS (Diluted)

$-6.14

EBITDA

549

EBITDA Margin

9.5%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	6,540	6,833	9,376	8,911	5,758
Cost of Revenue	5,803	5,674	7,195	6,619	5,375
Gross Profit	738	1,159	2,181	2,292	383
Gross Margin	11.3%	17.0%	23.3%	25.7%	6.7%
Operating Income	297	712	1,779	1,851	-747
Operating Margin	4.5%	10.4%	19.0%	20.8%	-13.0%
Net Income	109	460	1,327	1,297	-970
Net Margin	1.7%	6.7%	14.2%	14.6%	-16.8%
EPS (Basic)	$0.92	$3.66	$9.16	$8.15	$-6.14
EPS (Diluted)	$0.91	$3.57	$8.94	$7.96	$-6.14
EBITDA	874	1,310	2,428	2,493	549
EBITDA Margin	13.4%	19.2%	25.9%	28.0%	9.5%