Orion Group Holdings, Inc. (ORN) AI Stock Analysis

Orion Group Holdings, Inc. operates as a specialty construction firm focused on projects in the building, industrial, and infrastructure sectors throughout the continental United States, Alaska, Canada, and the Caribbean Basin. The company operates through two segments: Marine and Concrete. Its Marine segment provides marine construction services, including dredging, restoration, maintenance, and repair of facilities, pipelines, bridges, causeways, and port structures. It also handles underwater pipeline transmission installations, river crossings, directional drilling, and emergency response, along with specialty offerings such as diving, salvage, towing, and demolition.

Over the five years from FY2020 to FY2025, revenue recorded a compound annual growth rate of 3.7%. Annual revenue expanded from $601.4M in FY2021 to $852.3M in FY2025, following year-over-year gains of 11.9% in FY2024 and 7.0% in FY2025. Gross margin widened from 6.8% in FY2021 to 12.4% in FY2025, while operating margin improved from -1.5% to 1.4%. Net income shifted from -$14.6M in FY2021 to $2.5M in FY2025, yielding EPS of $0.25. Over the trailing twelve months, revenue totaled $896.5M with a profit margin of 0.4%. For the latest quarter ended June 30, 2026, quarterly revenue rose 8.1% year-over-year, while quarterly earnings fell 33.3%.

As of June 30, 2026, Orion Group Holdings held $2.5M in cash and short-term investments against total debt of $148.8M, resulting in net debt of $146.3M. Total assets were $496.2M compared to shareholders' equity of $164.5M, yielding a debt-to-equity ratio of 0.90 and a current ratio of 1.52. During FY2025, operating cash flow reached $28.1M while capital expenditures were $38.9M, producing free cash flow of -$10.8M. Over the past five years, the company's share count increased by 30.4%.

At a last close of $8.52, Orion Group Holdings trades at a trailing price-to-earnings ratio of 106.5x, above the 24.8x median of its US-listed Industrials peers. Its forward price-to-earnings multiple of 22.9x also exceeds the peer median of 17.2x, while enterprise value-to-EBITDA sits at 14.3x versus the peer median of 13.9x. The stock trades at a price-to-sales ratio of 0.4x and a price-to-book ratio of 2.2x. Over the past year, shares returned -2.7%, trailing the 16.8% return for the S&P 500 benchmark.

Wall Street analyst coverage consists of 5 Strong Buy ratings, 1 Buy rating, and no Hold or Sell recommendations. The mean price target is $14.98, which is 75.9% above the last close of $8.52. For the current fiscal year ending December 31, 2026, analysts estimate revenue of $929.5M and EPS of $0.25. For the next fiscal year, 6 analysts project revenue of $1.00B and EPS of $0.44. The company exceeded EPS estimates in 3 of the last 4 quarters, and its next earnings release is scheduled for October 27, 2026.

This page is an AI-written research summary of Orion Group Holdings, Inc. (ORN). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: ORN income statement, ORN balance sheet, ORN key metrics, ORN analyst forecast, ORN chart. See the ORN stock overview for the latest quote and news.