Earnings Releases·Oct 29, 2026, 4:09 PM ET

Olin Corporation — Third Quarter 2026 Earnings Summary

Q3 2026 net income fell to $14.4 million ($0.13/share) from $42.8 million ($0.37/share) in 2025, while sales rose 2.0% to $1,747.7 million; adjusted EBITDA declined to $191.4 million from $222.4 million, with nine-month net income reversing to an $81.9 million loss from a $42.9 million profit in the prior year.
Management expects Q4 2026 adjusted EBITDA to range between $80 million and $100 million, citing headwinds from elevated feedstock costs, Asian export pressure, and planned maintenance, while maintaining a $0.20 quarterly dividend.
The all-stock merger with Huntsman is projected to close in Q1 2027, subject to closing conditions, with $13.7 million in acquisition-related costs recorded in Q3 2026.
Segment performance was mixed: Chlor Alkali Products and Vinyls sales dropped 8.0% due to the conclusion of the Blue Water Alliance JV and operating issues at the Freeport plant, whereas Epoxy and Winchester segments posted sales and earnings growth driven by volume and pricing.
The company reported a net debt to adjusted EBITDA ratio of 5.2 times with $214.8 million in cash and approximately $1.3 billion in total liquidity.