Orion Historical Income Statement
| ORN Stock | USD 8.77 0.05 0.57% |
Historical analysis of Orion Group income statement accounts such as Ebitda of 29.3 M can show how well Orion Group Holdings performed in making a profits. Evaluating Orion Group income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Orion Group's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Orion Group Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Orion Group Holdings is a good buy for the upcoming year.
Orion |
About Orion Income Statement Analysis
Orion Group Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Orion Group shareholders. The income statement also shows Orion investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Orion Group Income Statement Chart
Add Fundamental
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Orion Group Holdings. It is also known as Orion Group overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Orion Group income statement and is an important metric when analyzing Orion Group Holdings profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Total Revenue
Total revenue comprises all receipts Orion Group Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Orion Group Holdings minus its cost of goods sold. It is profit before Orion Group operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Orion Group's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Orion Group Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, Orion Group's Interest Expense is very stable compared to the past year. As of the 29th of November 2024, EBITDA is likely to grow to about 29.3 M, while Depreciation And Amortization is likely to drop about 23.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 5.1M | 4.5M | 11.7M | 12.2M | Depreciation And Amortization | 30.5M | 28.9M | 30.6M | 23.6M |
Orion Group income statement Correlations
Click cells to compare fundamentals
Orion Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Orion Group income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 33.6M | 33.1M | 30.5M | 28.9M | 30.6M | 23.6M | |
| Interest Expense | 6.8M | 4.9M | 5.1M | 4.5M | 11.7M | 12.2M | |
| Other Operating Expenses | 708.0M | 692.4M | 622.1M | 761.3M | 718.4M | 458.7M | |
| Operating Income | 1.5M | 18.1M | (20.4M) | (12.7M) | (6.6M) | (6.3M) | |
| Ebit | 1.5M | 27.1M | (9.0M) | (7.7M) | (5.9M) | (5.6M) | |
| Ebitda | 35.1M | 60.2M | 21.6M | 21.1M | 24.8M | 29.3M | |
| Total Operating Expenses | 63.7M | 67.2M | 61.7M | 63.7M | 69.4M | 46.4M | |
| Income Before Tax | (3.5M) | 22.2M | (14.1M) | (12.2M) | (17.5M) | (16.7M) | |
| Total Other Income Expense Net | (5.0M) | (4.4M) | (4.7M) | (4.2M) | (10.9M) | (10.4M) | |
| Net Income | (5.4M) | 20.2M | (14.6M) | (12.6M) | (17.9M) | (17.0M) | |
| Income Tax Expense | 1.9M | 2.0M | 502K | 429K | 330K | 313.5K | |
| Total Revenue | 708.4M | 709.9M | 601.4M | 748.3M | 711.8M | 463.0M | |
| Gross Profit | 64.0M | 84.7M | 41.0M | 50.7M | 61.7M | 50.7M | |
| Selling General Administrative | 61.0M | 65.1M | 60.2M | 62.5M | 66.0M | 47.5M | |
| Cost Of Revenue | 644.3M | 625.2M | 560.4M | 697.6M | 650.1M | 434.0M | |
| Net Income Applicable To Common Shares | (5.4M) | 20.2M | (14.6M) | (12.6M) | (11.4M) | (10.8M) | |
| Net Income From Continuing Ops | (5.4M) | 20.2M | (14.6M) | (12.6M) | (18.5M) | (19.4M) | |
| Non Operating Income Net Other | (6.1M) | 1.1M | 530K | 303K | 348.5K | 365.9K | |
| Tax Provision | 1.9M | 2.0M | 502K | 429K | 508K | 533.4K | |
| Interest Income | 353K | 183K | 4.9M | 4.4M | 123K | 116.9K | |
| Net Interest Income | (6.5M) | (4.7M) | (4.9M) | (4.4M) | (9.1M) | (9.5M) | |
| Reconciled Depreciation | 33.6M | 33.1M | 30.5M | 28.9M | 28.2M | 24.6M |
Pair Trading with Orion Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Orion Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Orion Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Orion Stock
| 0.79 | ESOA | Energy Services Fiscal Year End 16th of December 2024 | PairCorr |
Moving against Orion Stock
The ability to find closely correlated positions to Orion Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orion Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Orion Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Orion Group Holdings to buy it.
The correlation of Orion Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Orion Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orion Group Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Orion Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Orion Group. If investors know Orion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Orion Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.629 | Earnings Share (0.38) | Revenue Per Share 23.545 | Quarterly Revenue Growth 0.345 | Return On Assets 0.0087 |
The market value of Orion Group Holdings is measured differently than its book value, which is the value of Orion that is recorded on the company's balance sheet. Investors also form their own opinion of Orion Group's value that differs from its market value or its book value, called intrinsic value, which is Orion Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Orion Group's market value can be influenced by many factors that don't directly affect Orion Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Orion Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orion Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orion Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.