Fri, May 2, 3:41 PM (13 days ago)
**Olin Corporation (OLN) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $1,644.2 million, up 0.6% YoY. - **Net Income:** $1.4 million, down 97.1% YoY. - **EPS (Basic):** $0.01, down 97.6% YoY. - **Operating Income:** $43.7 million, down 55.2% YoY. - **Gross Margin:** 9%, down from 13% YoY. - **Cash Flow from Operations:** -$86.0 million, down from $81.0 million YoY. **Segment Performance:** - **Chlor Alkali Products and Vinyls:** Income up 2.5% YoY to $78.3 million. - **Epoxy:** Loss widened to $28.4 million from $11.8 million YoY. - **Winchester:** Income down 68.4% YoY to $22.8 million. **Key Metrics & Trends:** - **Cash & Cash Equivalents:** $174.0 million, up from $150.9 million YoY. - **Total Debt:** $3,016.6 million, up from $2,684.8 million YoY. - **Capital Expenditures:** $61.4 million, up from $44.3 million YoY. - **Share Repurchases:** $20.2 million in Q1 2025, $105.4 million in Q1 2024. - **Dividends:** $23.0 million paid in Q1 2025, $23.9 million in Q1 2024. **Uncertainties & Future Operations:** - **Epoxy Segment:** Faces weak global demand and Asian competition. - **Winchester Segment:** Expects improved Q2 results due to seasonal demand. - **Environmental Matters:** $157.0 million in reserves for future expenditures. - **Legal Matters:** Accrued liabilities for legal actions amount to $17.1 million. - **Debt Management:** Issued $600.0 million in senior notes and increased credit facility. **Outlook:** - **Q2 2025:** Expects comparable chemical business results and improved Winchester performance. - **Full Year 2025:** Anticipates capital spending of $200-$220 million, depreciation of $525 million, and effective tax rate of 25-30%.