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Orion PropertiesONL -1.14%66 Debt-to-EBITDA is 17.87 as of Mar. 2026, which is 212% above its 10-year median of 5.72. GuruFocus rates ONL with a GF Score™ of 66/100 and a GF Value™ of $2.79 (Fairly Valued). The stock has 8 warning signs investors should review. Among 573 REITs companies, Orion Properties ranks worse than 174519.9% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Orion Properties's Debt-to-EBITDA or its related term are showing as below:
ONL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.52 Med: 5.72 Max: 699.37
Current: -8.71
During the past 8 years, the highest Debt-to-EBITDA Ratio of Orion Properties was 699.37. The lowest was -9.52. And the median was 5.72.
ONL's Debt-to-EBITDA is ranked worse than 100% of 573
companies
in the REITs industry
Industry Median: 6.55
vs ONL: -8.71
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Orion Properties Debt-to-EBITDA Related Terms
Orion Properties Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Orion Properties's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Office subindustry, Orion Properties's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Orion Properties Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Orion Properties's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Orion Properties's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Orion Properties (ONL) has a Debt-to-EBITDA of 17.87 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Orion Properties. This is 212% above median its historical median of 5.72. According to the industry distribution chart, Orion Properties ranks #999999 out of 573 companies in the REITs industry.
Is Orion Properties' Debt-to-EBITDA too high?
Orion Properties' current Debt-to-EBITDA of 17.87 is 212% above median its 10-year median of 5.72. The REITs industry median Debt-to-EBITDA is 6.55. Orion Properties' value of 17.87 is 172.8% above this industry median. Based on the distribution chart, Orion Properties ranks #999999 out of 573 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Orion Properties has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Orion Properties' Debt-to-EBITDA compare to NLOP and FSP?
According to the REITs industry distribution chart, Orion Properties ranks #999999 out of 573 companies for Debt-to-EBITDA. This places Orion Properties in the lower half of its industry. The industry median Debt-to-EBITDA is 6.55. Orion Properties' value of 17.87 is 172.8% above this benchmark. While the company's 10-year median is 5.72 vs. the industry median of 6.55, Orion Properties has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a REITs company?
The median Debt-to-EBITDA among REITs companies is 6.55, based on 573 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Orion Properties's current Debt-to-EBITDA of 17.87 is 172.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Orion Properties. For the REITs industry, the median Debt-to-EBITDA is 6.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orion Properties's current Debt-to-EBITDA is 17.87, which is 212% above median its own 10-year median of 5.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orion Properties stock overvalued right now?
Based on GuruFocus' analysis, Orion Properties (ONL) is currently considered Fairly Valued. The stock's GF Value™ is $2.79, compared to a current price of $2.61 — trading 6.5% below its estimated fair value. The current Debt-to-EBITDA is 17.87, which is 212% above median its 10-year median of 5.72 and 172.8% above the REITs industry median of 6.55. Orion Properties' overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Orion Properties (ONL), the current Debt-to-EBITDA is 17.87 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Orion Properties (ONL) Overvalued in 2026?
Based on GuruFocus' analysis, Orion Properties stock appears to be undervalued.
The current stock price of $2.61 is trading 6.5% below its estimated GF Value™ of $2.79.
GuruFocus considers Orion Properties to be Fairly Valued.
Key valuation signals for ONL:
Debt-to-EBITDA: 17.87 (212% above median its 10-year median of 5.72)
GF Value™: $2.79 vs. price of $2.61 (6.5% below fair value)
Industry Position: 172.8% above the REITs median (#999999 of 573)
No single metric tells the full story. See the ONL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Orion Properties Inc is an internally managed real estate investment trust engaged in the ownership, acquisition, and management of a diversified portfolio of office properties located in high-quality suburban markets across the United States and leased mainly on a single-tenant net lease basis to creditworthy tenants. Its portfolio is comprised of traditional office properties, as well as governmental, medical office, flex/laboratory, and R&D and flex/industrial properties. The company is focused on shifting its portfolio concentration over time away from traditional office properties, towards more dedicated use assets with specialized uses that include an office component. It operates in one business segment: commercial real estate.
66GF Score
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