Orion S.A. (OEC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1700 CITY PLAZA DRIVE, SUITE 300 SPRING, TX 77389 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 289 - Miscellaneous Chemical Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 38 | 61 | 66 | 65 | 64 | |||
| Cash and cash equivalents | 38 | 61 | 66 | 65 | 64 | |||
| Restricted cash and investments | 3 | 3 | 3 | |||||
| Receivables | 247 | 373 | 301 | 288 | 267 | |||
| Inventory, net of allowances, customer advances and progress billings | 287 | 278 | 230 | 141 | 165 | |||
| Inventory | 287 | 278 | 230 | 141 | 165 | |||
| Prepaid expense | 3 | 1 | ||||||
| Deposits current assets | 16 | 19 | 18 | |||||
| Other undisclosed current assets | 56 | 46 | 48 | 4 | 11 | |||
| Total current assets: | 646 | 779 | 665 | 500 | 508 | |||
| Noncurrent Assets | ||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 89 | 79 | 65 | |||||
| Operating lease, right-of-use asset | 22 | 19 | 20 | 86 | 28 | |||
| Long-term investments and receivables | 5 | 5 | 5 | 6 | 5 | |||
| Long-term investments | 5 | 5 | 5 | 6 | 5 | |||
| Intangible assets, net (including goodwill) | 102 | 101 | 114 | 131 | 128 | |||
| Goodwill | 76 | 73 | 78 | 84 | 77 | |||
| Intangible assets, net (excluding goodwill) | 26 | 28 | 36 | 47 | 51 | |||
| Prepaid expense | 3 | 3 | ||||||
| Deferred income tax assets | 30 | 29 | 50 | 53 | 49 | |||
| Other noncurrent assets | 40 | 59 | 4 | 3 | 4 | |||
| Other undisclosed noncurrent assets | 900 | 819 | 708 | 609 | 533 | |||
| Total noncurrent assets: | 1,187 | 1,110 | 966 | 889 | 750 | |||
| TOTAL ASSETS: | 1,833 | 1,889 | 1,631 | 1,390 | 1,257 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 225 | 229 | 263 | 204 | 215 | |||
| Taxes payable | ✕ | ✕ | ✕ | 17 | 24 | 14 | ||
| Accounts payable | 184 | 184 | 195 | 131 | 156 | |||
| Accrued liabilities | 42 | 45 | 51 | 49 | 45 | |||
| Debt | 137 | 258 | 152 | 83 | 36 | |||
| Other liabilities | 44 | 34 | 34 | 37 | 33 | |||
| Other undisclosed current liabilities | 34 | 31 | 1 | 1 | ||||
| Total current liabilities: | 440 | 553 | 449 | 325 | 285 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 677 | 657 | 631 | 656 | 630 | |||
| Long-term debt, excluding current maturities | 677 | 657 | 631 | 656 | 630 | |||
| Liabilities, other than long-term debt | 237 | 220 | 231 | 228 | 156 | |||
| Deferred income tax liabilities | 66 | 70 | 62 | 39 | 43 | |||
| Liability, pension and other postretirement and postemployment benefits | 60 | 50 | 74 | 83 | 72 | |||
| Other liabilities | 111 | 100 | 95 | 106 | 41 | |||
| Other undisclosed noncurrent liabilities | (0) | |||||||
| Total noncurrent liabilities: | 915 | 877 | 863 | 884 | 786 | |||
| Total liabilities: | 1,355 | 1,429 | 1,311 | 1,209 | 1,071 | |||
| Equity | ||||||||
| Equity, attributable to parent, including: | 479 | 459 | 320 | 181 | 186 | |||
| Common stock | 85 | 85 | 85 | 85 | 85 | |||
| Treasury stock, value | (70) | (9) | (6) | (9) | (9) | |||
| Additional paid in capital | 86 | 76 | 71 | 69 | 66 | |||
| Accumulated other comprehensive loss | (40) | (13) | (49) | (49) | (34) | |||
| Retained earnings | 418 | 319 | 218 | 84 | 78 | |||
| Other undisclosed equity, attributable to parent | 0 | |||||||
| Total equity: | 479 | 459 | 320 | 181 | 186 | |||
| Other undisclosed liabilities and equity | (0) | (0) | ||||||
| TOTAL LIABILITIES AND EQUITY: | 1,833 | 1,889 | 1,631 | 1,390 | 1,257 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 1,894 | 2,031 | 1,547 | 1,136 | 1,476 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (1,443) | (1,582) | (1,160) | (844) | (1,087) | ||
| Other undisclosed gross profit | (0) | (0) | |||||
| Gross profit: | 451 | 449 | 387 | 292 | 390 | ||
| Operating expenses | (246) | (249) | (150) | (218) | (243) | ||
| Other operating income (expense), net | 1 | ||||||
| Other undisclosed operating loss | (3) | (9) | |||||
| Operating income: | 205 | 197 | 229 | 74 | 147 | ||
| Nonoperating income (expense) | 9 | (5) | (10) | ||||
| Gain (loss), foreign currency transaction, before tax | (5) | 12 | 5 | ||||
| Interest and debt expense | (51) | (40) | (38) | (39) | (28) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | |||||||
| Income from continuing operations before equity method investments, income taxes: | 163 | 157 | 186 | 26 | 120 | ||
| Income from equity method investments | 1 | 1 | 1 | 0 | 1 | ||
| Income from continuing operations before income taxes: | 164 | 158 | 186 | 26 | 120 | ||
| Income tax expense | (60) | (52) | (52) | (8) | (33) | ||
| Income from continuing operations: | 104 | 106 | 135 | 18 | 87 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 135 | 18 | 87 | |
| Net income: | 104 | 106 | 135 | 18 | 87 | ||
| Other undisclosed net loss attributable to parent | (0) | ||||||
| Net income available to common stockholders, diluted: | 104 | 106 | 135 | 18 | 87 | ||
Comprehensive Income ($ in millions)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|
| Net income: | 104 | 106 | 135 | 18 | 87 | ||
| Comprehensive income: | 104 | 106 | 135 | 18 | 87 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (27) | 36 | 0 | (14) | (15) | ||
| Comprehensive income, net of tax, attributable to parent: | 76 | 142 | 135 | 4 | 72 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.