NYSE$OLN
Olin Corp · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Olin's Q4 2022 financial performance was announced, revealing a decrease in net income and sales compared to the same quarter last year.
Olin Corporation reported a decrease in net income for Q4 2022 to $196.6 million, or $1.43 per diluted share, compared to $306.6 million, or $1.89 per diluted share in Q4 2021. Sales also decreased to $1,977.0 million from $2,430.4 million in the same period last year. The company expects challenging global economic conditions to continue in 2023.
- Q4 2022 net income was $196.6 million, or $1.43 per diluted share.
- Adjusted EBITDA for the quarter was $441.8 million.
- Share repurchases amounted to $1.35 billion in 2022.
- The company anticipates 2023 adjusted EBITDA to be between $1.5 to $2.0 billion.
Headline financials
Revenue & EPS history
Olin · Revenue · Quarterly
$1.98B
Revenue by segment
Olin · $1.66B total across 2 segments · Q4 2022
- Chlor Alkali Products and Vinyls$1.17B-5.7%70.8%
- Epoxy$484M-39.1%29.2%
Forward guidance
Olin expects challenging global economic conditions to continue in 2023, anticipating full year adjusted EBITDA to be in the $1.5 to $2.0 billion range.
Tailwinds
- Resiliency of Olin's winning model.
- Commitment to maintain an investment-grade balance sheet.
- Achievement of investment-grade credit ratings.
- Expectation to continue capital allocation strategy.
- Focus on 'value first' approach.
Headwinds
- Chemical businesses to be tested by European and North American epoxy demand weakness.
- Vinyls intermediate demand weakness.
- Elevated levels of Chinese exports due to weak Chinese domestic demand.
- Chemical businesses expect to continue at reduced operating rates.
- Winchester business first quarter 2023 results expected to be lower than first quarter 2022 levels due to lower commercial ammunition shipments.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
-0.8%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+3.7%
Avg return
30 days after
43%
29 / 67 earnings
Positive
+12.1%
Q4 2016
Best reaction
-15.7%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.4% | +6.2% | -8.2% | |
| Q4 2025 | -6.8% | +13.9% | +13.6% | |
| Q3 2025 | -12.5% | -13.8% | -13.5% | |
| Q1 2025 | +2.4% | -5.8% | -10.3% | |
| Q3 2024 | -8.1% | -9.3% | -4.9% | |
| Q2 2024 | -5.6% | -4.0% | -5.9% | |
| Q1 2024 | +0.8% | -1.5% | +2.5% | |
| Q4 2023 | +8.6% | +5.3% | +3.5% | |
| Q3 2023 | -6.3% | -4.9% | +5.6% | |
| Q2 2023 | +4.4% | +4.2% | +4.5% | |
| Q1 2023 | +4.3% | +2.3% | -4.8% | |
| Q4 2022 | +9.1% | +12.5% | +4.0% | |
| Q3 2022 | +5.8% | +7.0% | +17.0% | |
| Q2 2022 | +5.7% | +4.2% | +14.2% | |
| Q1 2022 | +9.9% | +18.7% | +28.0% | |
| Q4 2021 | -3.6% | +3.3% | +2.8% | |
| Q3 2021 | +8.3% | +11.5% | +15.7% | |
| Q2 2021 | +4.6% | +6.4% | +8.3% | |
| Q1 2021 | +1.3% | +3.5% | +18.4% | |
| Q4 2020 | +0.3% | +11.7% | +29.7% | |
| Q3 2020 | +10.4% | +11.3% | +24.3% | |
| Q2 2020 | -1.0% | -1.4% | +5.6% | |
| Q1 2020 | -12.3% | -21.3% | -21.0% | |
| Q4 2019 | +9.2% | +6.6% | -7.0% | |
| Q3 2019 | -5.1% | +0.0% | -9.1% | |
| Q2 2019 | -7.5% | -12.0% | -17.7% | |
| Q1 2019 | -6.0% | -5.0% | -9.7% | |
| Q4 2018 | +8.1% | +1.5% | +0.5% | |
| Q3 2018 | -2.3% | +6.2% | +6.2% | |
| Q2 2018 | +2.4% | +4.3% | +7.1% | |
| Q1 2018 | +2.0% | +4.8% | +7.1% | |
| Q4 2017 | -6.1% | -13.7% | -8.4% | |
| Q3 2017 | +3.2% | +0.2% | -0.2% | |
| Q2 2017 | -0.2% | +3.4% | +6.0% | |
| Q1 2017 | -5.0% | -8.1% | -7.9% | |
| Q4 2016 | +12.1% | +17.9% | +21.1% | |
| Q3 2016 | -0.1% | -3.0% | +18.4% | |
| Q2 2016 | -1.0% | -0.3% | +3.5% | |
| Q1 2016 | +1.7% | — | — | |
| Q4 2015 | -15.7% | — | — | |
| Q3 2015 | +3.9% | — | — | |
| Q2 2015 | -0.9% | — | — | |
| Q1 2015 | -0.3% | — | — | |
| Q4 2014 | +5.1% | — | — | |
| Q3 2014 | -7.2% | — | — | |
| Q2 2014 | -1.5% | — | — | |
| Q1 2014 | -3.2% | — | — | |
| Q4 2013 | -4.0% | — | — | |
| Q3 2013 | +2.0% | — | — | |
| Q2 2013 | -1.8% | — | — | |
| Q1 2013 | -4.9% | — | — | |
| Q4 2012 | -3.0% | — | — | |
| Q3 2012 | -2.8% | — | — | |
| Q2 2012 | -9.6% | — | — | |
| Q1 2012 | -1.0% | — | — | |
| Q4 2011 | -0.2% | — | — | |
| Q4 2008 | -0.2% | — | — | |
| Q3 2011 | -11.8% | — | — | |
| Q2 2011 | -1.7% | — | — | |
| Q1 2011 | -5.4% | — | — | |
| Q1 2010 | -5.4% | — | — | |
| Q4 2010 | +0.2% | — | — | |
| Q3 2010 | -5.6% | — | — | |
| Q3 2009 | -5.6% | — | — | |
| Q4 2009 | +1.5% | — | — | |
| Q2 2010 | +1.5% | — | — | |
| Q2 2009 | +1.5% | — | — |
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