Orion vs Valhi
Orion and Valhi are similar in size: $1.81bn and $2.08bn of revenue in their latest fiscal years. Valhi grew faster (-1.3% against -3.8%). Valhi kept more of each dollar of sales as profit: a net margin of -2.8% against -3.9%. Valhi carries less debt relative to equity (57.8% against 330.0%).
| Latest fiscal year | OrionOEC, 2025 | ValhiVHI, 2025 |
|---|---|---|
| Revenue | $1.81bn | $2.08bn |
| Revenue growth | -3.8% | -1.3% |
| Net income | −$70.1m | −$57.6m |
| Operating margin | 1.5% | 3.0% |
| Net margin | -3.9% | -2.8% |
| Return on equity | -16.3% | -5.6% |
| Free cash flow | $54.8m | −$82.1m |
| Cash | $60.7m | $214m |
| Total debt | $1.27bn | $592m |
| Debt to equity | 330.0% | 57.8% |
| Dividend per share | $0.08 | $0.32 |
| Dividend yield | 1.4% | 2.1% |
| Share buybacks | $24.8m | — |
| Employees | — | — |
| Market value | $312m | $434m |
| Price vs our value range | — | — |
| Moat score | 45 (Moderate) | 32 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |