Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Orion Group HoldingsORN -2.88%68 Debt-to-EBITDA is 4.57 as of Mar. 2026, which is 69% above its 10-year median of 2.70. GuruFocus rates ORN with a GF Score™ of 68/100 and a GF Value™ of $7.66 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,405 Construction companies, Orion Group Holdings ranks worse than 61.42% 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 Group Holdings's Debt-to-EBITDA or its related term are showing as below:
ORN'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.31 Med: 2.7 Max: 4.56
Current: 3.23
During the past 13 years, the highest Debt-to-EBITDA Ratio of Orion Group Holdings was 4.56. The lowest was -1.31. And the median was 2.70.
ORN's Debt-to-EBITDA is ranked worse than 61.42% of 1405
companies
in the Construction industry
Industry Median: 2.17
vs ORN: 3.23
Orion Group Holdings (NYSE:ORN) Debt-to-EBITDA Explanation
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 Group Holdings Debt-to-EBITDA Related Terms
Orion Group Holdings Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Orion Group Holdings'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.
ORN vs BBCP, BWMN, MCDIF: Debt-to-EBITDA Comparison
For the Engineering & Construction subindustry, Orion Group Holdings'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 Group Holdings Debt-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, Orion Group Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Orion Group Holdings'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 Group Holdings (ORN) has a Debt-to-EBITDA of 4.57 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 Group Holdings. This is 69% above median its historical median of 2.70. According to the industry distribution chart, Orion Group Holdings ranks #863 out of 1405 companies in the Construction industry, placing it in the top 61.4%.
Is Orion Group Holdings' Debt-to-EBITDA too high?
Orion Group Holdings' current Debt-to-EBITDA of 4.57 is 69% above median its 10-year median of 2.70. The Construction industry median Debt-to-EBITDA is 2.17. Orion Group Holdings' value of 4.57 is 110.6% above this industry median. Based on the distribution chart, Orion Group Holdings ranks #863 out of 1405 companies in the Construction industry, which is below the industry midpoint. Overall, Orion Group Holdings has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orion Group Holdings' Debt-to-EBITDA compare to BBCP and BWMN?
According to the Construction industry distribution chart, Orion Group Holdings ranks #863 out of 1405 companies for Debt-to-EBITDA. This places Orion Group Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 2.17. Orion Group Holdings' value of 4.57 is 110.6% above this benchmark. While the company's 10-year median is 2.70 vs. the industry median of 2.17, Orion Group Holdings 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.17, based on 1,405 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 Group Holdings's current Debt-to-EBITDA of 4.57 is 110.6% 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 Group Holdings. For the Construction industry, the median Debt-to-EBITDA is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orion Group Holdings's current Debt-to-EBITDA is 4.57, which is 69% above median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orion Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Orion Group Holdings (ORN) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.66, compared to a current price of $12.80 — trading 67.1% above its estimated fair value. The current Debt-to-EBITDA is 4.57, which is 69% above median its 10-year median of 2.70 and 110.6% above the Construction industry median of 2.17. Orion Group Holdings' overall GF Score™ is 68/100 with 5 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 Group Holdings (ORN), the current Debt-to-EBITDA is 4.57 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 Group Holdings (ORN) Overvalued in 2026?
Based on GuruFocus' analysis, Orion Group Holdings stock appears to be overvalued.
The current stock price of $12.80 is trading 67.1% above its estimated GF Value™ of $7.66.
GuruFocus considers Orion Group Holdings to be Significantly Overvalued.
Key valuation signals for ORN:
Debt-to-EBITDA: 4.57 (69% above median its 10-year median of 2.70)
GF Value™: $7.66 vs. price of $12.80 (67.1% above fair value)
Industry Position: 110.6% above the Construction median (#863 of 1405)
No single metric tells the full story. See the ORN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Orion Group Holdings Inc is a specialty construction company serving the infrastructure, industrial, and building sectors, providing services both on and off the water in the continental United States, Alaska, Canada, and the Caribbean Basin through its marine segment and its concrete segment. Its marine segment provides construction and dredging services relating to marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging of waterways, channels and ports, environmental dredging, design, and specialty services. The concrete segment generates maximum revenue and provides construction services for commercial, industrial, multi-family residential, and public projects, including the data center market.
68GF Score
Get the complete analysis for ORN
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ORN has been successfully added to your 
