Orion S.A.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $223.8M
- Price
- $3.96
- % Change (Daily % change from the live per-ticker quote feed.)
- -5.04%
- Volume
- 902.8K
About
Orion S.A., together with its subsidiaries, engages in the manufacture and sale of carbon black products. The company operates in two segments, Specialty Carbon Black and Rubber Carbon Black. It offers post-treated specialty carbon black grades for coatings and printing applications, as well as high purity carbon black grades for the fiber industry; and conductive carbon black grades for batteries, polymers, and coatings. The company also provides rubber carbon black products for tires, such as high-reinforcing grades and semi-reinforcing grades under the ECORAX brand, as well as for mechanical rubber goods end users, including automotive production, construction, as well as certain food, consumer, and medical applications. It operates in the United States, Brazil, rest of the Americas, Germany, South Africa, Italy, Spain, Czech republic, Poland, Italy, Turkey, France, Rest of EMEA, China, the Republic of Korea, and rest of Asia. The company was formerly known as Orion Engineered Carbons S.A. and changed its name to Orion S.A. in June 2023. Orion S.A. was founded in 1862 and is headquartered in Senningerberg, Luxembourg.
Quick stats
Shares outstanding56.5M
Computed float54.8M
Float / shares96.9%
Key info
SectorBasic Materials
IndustryChemicals - Specialty
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001609804
Websitehttp://www.orioncarbons.com
AI Summary
AI-generated1/48
minormixedperiodic report
OEC: 10-Q · periodic report
Orion S.A. reported Q3 2026 net sales of $472.8 million, up 5% year over year, driven mainly by pass-through of higher oil prices amid the Middle East conflict, with volume down 5% across all regions. The company narrowed its net loss to $3.1 million ($0.05 per share) from a $67.1 million loss a year ago, which had included an $80.8 million goodwill impairment.
Nine-month sales rose 3% to $1,433.2 million, though gross profit fell 7% to $263.0 million on lower Rubber Carbon Black contract pricing, and operating cash flow declined to $72.7 million from $122.9 million. Cash stood at $71.3 million against $987.7 million in total debt and obligations.
The 10-Q adds expanded risk factors around the Iran-U.S. Conflict, warning of feedstock cost spikes, supply chain disruption, and potential need for additional short-term working capital financing. Management concluded disclosure controls were effective and reported no material internal control changes.
Red flags
- Elevated exposure to Iran-U.S. Conflict: feedstock cost and supply chain disruption risks explicitly called out as having had material adverse effects
- Rising short-term debt reliance: Revolving Credit Facility draw up to $124.9M from $58.8M; OEC GmbH borrowings up to $141.9M
- Nine-month gross profit down 7% YoY on negative Rubber Carbon Black contract pricing
- Operating cash flow fell to $72.7M from $122.9M; accounts receivable jumped $58M+
- Prior-year $59.2 million fraud loss and $80.8 million goodwill impairment in comparative period