Olin Earnings Reports

Olin Corporation reported a net income of $48.6 million, or $0.40 per diluted share, for the first quarter of 2024. Sales were $1,635.3 million. The company's adjusted EBITDA was $242.1 million. Share repurchases totaled $105.4 million during the quarter.

Olin Corporation reported a net income of $52.9 million, or $0.43 per diluted share, for Q4 2023, a decrease compared to Q4 2022. Sales were $1,614.6 million, also lower than the previous year. The company's adjusted EBITDA was $210.1 million. Despite the challenging economic environment, Olin successfully repurchased shares and is confident in future earnings and cash flow.

Olin Corporation reported a net income of $104.1 million, or $0.82 per diluted share, for the third quarter of 2023. Sales were $1,671.4 million, and adjusted EBITDA was $314.8 million. The company also repurchased $202.1 million in shares during the quarter and is focusing on actions to improve 2024 performance.

Olin Corporation reported a net income of $146.9 million, or $1.13 per diluted share, for the second quarter of 2023. Adjusted EBITDA for the quarter was $351.1 million. The company expects full year adjusted EBITDA to be in the range of $1.4 billion.

Olin Corporation reported a net income of $156.3 million, or $1.16 per diluted share, for the first quarter of 2023. Sales were $1,844.3 million compared to $2,461.4 million in the first quarter of 2022. Adjusted EBITDA for the quarter was $434.1 million.

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.

Olin Corporation reported a net income of $315.2 million, or $2.18 per diluted share, for the third quarter of 2022. Sales were $2,321.7 million. The company's adjusted EBITDA was $547.8 million. Share repurchases amounted to $410.9 million during the quarter.

Olin Corporation reported a net income of $422.1 million, or $2.76 per diluted share, for the second quarter of 2022. The company's adjusted EBITDA reached a record $727.3 million. Olin also announced a new $2.0 billion share repurchase program.

Olin Corporation reported a strong first quarter in 2022, with net income reaching $393.0 million, or $2.48 per diluted share. The company achieved a record quarterly adjusted EBITDA of $710.9 million and repurchased $263.2 million in shares. Sales increased to $2,461.4 million compared to $1,918.8 million in the first quarter 2021.

Olin Corporation announced strong financial results for Q4 2021, with net income of $306.6 million and adjusted EBITDA of $686.7 million. The company's performance was driven by its unique winning model, which prioritizes value and highlights the potential across its Chemicals and Winchester businesses. Olin expects 2022 adjusted EBITDA to improve to $2.5 billion to $2.8 billion.

Olin Corporation reported a net income of $390.7 million for Q3 2021, a significant increase compared to the net loss of $736.8 million in Q3 2020. The company's sales reached $2,340.1 million, up from $1,437.6 million in the same quarter last year. Adjusted EBITDA reached a record $707.0 million.

Olin Corporation reported a strong second quarter in 2021, with net income of $355.8 million and record adjusted EBITDA of $559.2 million. The company saw increased sales and earnings across its Chlor Alkali Products and Vinyls, Epoxy, and Winchester segments, driven by higher pricing and volumes. Olin expects continued improvement in the third quarter, projecting adjusted EBITDA of at least $2.1 billion for the year.

Olin Corporation reported a net income of $243.6 million for Q1 2021, a significant improvement compared to the net loss of $80.0 million in Q1 2020. The company achieved a record quarterly adjusted EBITDA of $540.4 million. Sales increased to $1,918.8 million from $1,425.1 million in the same quarter last year.

Olin Corporation announced its Q4 2020 financial results, reporting a net loss of $33.0 million, or $0.21 per diluted share, compared to a net loss of $77.2 million in Q4 2019. Sales for the quarter were $1,654.1 million, up from $1,387.1 million in the same period last year. Winchester achieved record quarterly segment earnings.

Olin Corporation reported a net loss of $736.8 million for Q3 2020, a significant downturn compared to the net income of $44.2 million in Q3 2019. Sales also decreased to $1,437.6 million from $1,576.6 million in the same period last year. However, sales for the Chemicals businesses increased sequentially from Q2 2020 by approximately 17%. The Winchester business continued to drive improved segment earnings from strong commercial ammunition demand.

Olin Corporation reported a net loss of $120.1 million for Q2 2020, a significant decrease compared to the net loss of $20.0 million in Q2 2019. Sales also decreased to $1,241.2 million from $1,592.9 million year-over-year. The decline was attributed to weaker customer demand in the Chlor Alkali Products and Vinyls and Epoxy businesses, alongside planned maintenance activities. However, the Winchester segment experienced improved earnings due to higher commercial ammunition sales.

Olin Corporation reported a net loss of $80 million for Q1 2020, a significant downturn compared to the net income of $41.7 million in Q1 2019. Sales also decreased to $1,425.1 million from $1,553.4 million in the same quarter last year. Winchester was the only segment that experienced year-over-year improvement in earnings.

Olin Corporation reported a net loss of $77.2 million for Q4 2019, a significant drop from the net income of $53.3 million in Q4 2018. Sales also decreased from $1,635.0 million to $1,387.1 million. Adjusted EBITDA was $173.2 million, excluding certain charges. The decrease in sales and earnings was primarily due to weaker demand and lower pricing in the Chlor Alkali Products and Vinyls and Epoxy businesses.