Filing Flows › Olin (OLN) › Q1 2025
Olin (OLN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Olin (OLN) reported revenue of $1.6B for the first quarter 2025 (Q1 2025), +0.5% from a year earlier and -2% from the quarter before. Operating margin was 2.7%, net earnings $1.2M (0.1% of revenue).
Olin, Q1 2025: revenue $1.6B (+0.5% year over year), operating margin 2.7%, net earnings $1.2M, operating cash flow −$86.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | -2% | +0.5% |
| Gross profit | $149M | -6% | -28% |
| Operating profit | $43.7M | -8% | -55% |
| Net earnings | $1.2M | -88% | -97% |
| Operating cash flow | −$86.0M | — | — |
What changed
Revenue was $1.6B in Q1 2025, up 1% year over year and down 2% from the previous quarter. Chlor Alkali Products and Vinyls was the largest line at 56% of revenue. Chlor Alkali Products and Vinyls added $0.04B year over year (up 5%), 448% of the total change. Winchester declined 5%.
Gross margin was 9.0%, down 3.6 points from a year earlier. Operating profit was $0.04B, a 2.7% margin (down 3.3 points year over year). Operating profit fell $0.05B even though revenue rose $0.01B versus a year earlier, so costs grew faster than sales. Operating expenses fell 5% while revenue rose 1%. Net earnings were $1.2M, down 97% year over year. The effective tax rate was 42.9%.
Operating cash flow was −$0.09B. Non-cash charges added back $0.13B of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items used $0.22B. Capital expenditures of $0.06B exceeded it, leaving free cash flow of −$0.15B.
Questions
What was Olin's revenue in the first quarter 2025?
Olin (OLN) reported revenue of $1.6B for the first quarter 2025 (Q1 2025), +0.5% from a year earlier and -2% from the quarter before.
Was Olin profitable in the first quarter 2025?
Operating profit was $43.7M (2.7% of revenue) and net earnings $1.2M.
Source: Olin 10-Q on SEC EDGAR.