ONL (Orion Properties) Debt-to-Equity: 0.69 (As of Jun. 2026) — 23% Above Median

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ONL Orion Properties Inc ONL
66 GF Score
Price $2.82
GF Value $2.68
Valuation Fairly Valued
! 8 Warning Signs
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What is Orion Properties Debt-to-Equity?

Orion Properties ONL +8.46% 66 Debt-to-Equity is 0.69 as of Jun. 2026, which is 23% above its 10-year median of 0.56. GuruFocus rates ONL with a GF Score™ of 66/100 and a GF Value™ of $2.68 (Fairly Valued). The stock has 8 warning signs investors should review. Among 683 REITs companies, Orion Properties ranks worse than 52.42% on this metric.

Orion Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $102.0 Mil. Orion Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $331.8 Mil. Orion Properties's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $632.8 Mil. Orion Properties's debt to equity for the quarter that ended in Jun. 2026 was 0.69.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Orion Properties's Debt-to-Equity or its related term are showing as below:

ONL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.56   Max: 0.81
Current: 0.81

During the past 8 years, the highest Debt-to-Equity Ratio of Orion Properties was 0.81. The lowest was 0.02. And the median was 0.56.

ONL's Debt-to-Equity is ranked worse than
52.42% of 683 companies
in the REITs industry
Industry Median: 0.78 vs ONL: 0.81

Orion Properties  (NYSE:ONL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Orion Properties Debt-to-Equity Related Terms


Orion Properties Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Orion Properties's Debt-to-Equity 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.

Orion Properties Debt-to-Equity Chart

Orion Properties Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.57 0.54 0.53 0.64 0.74

Orion Properties Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.73 0.74 0.81 0.69

ONL vs NLOP, FSP, CMCT: Debt-to-Equity Comparison

For the REIT - Office subindustry, Orion Properties's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Orion Properties's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Orion Properties's Debt-to-Equity falls into.


ONL
66GF Score
Orion Properties Inc ONL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Orion Properties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Orion Properties's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Orion Properties's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.69 mean?
Orion Properties (ONL) has a Debt-to-Equity of 0.69 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Orion Properties and its competitors. This is 23% above median its historical median of 0.56. Over the past decade, Orion Properties' Debt-to-Equity has ranged from 0.02 to 0.81. According to the industry distribution chart, Orion Properties ranks #358 out of 683 companies in the REITs industry, placing it in the top 52.4%.
Is Orion Properties' Debt-to-Equity too high?
Orion Properties' current Debt-to-Equity of 0.69 is 23% above median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.81. The REITs industry median Debt-to-Equity is 0.78. Orion Properties' value of 0.69 is 11.5% below this industry median. Based on the distribution chart, Orion Properties ranks #358 out of 683 companies in the REITs industry, which is below the industry midpoint. 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-Equity compare to NLOP and FSP?
According to the REITs industry distribution chart, Orion Properties ranks #358 out of 683 companies for Debt-to-Equity. This places Orion Properties in the lower half of its industry. The industry median Debt-to-Equity is 0.78. Orion Properties' value of 0.69 is 11.5% below this benchmark. Historically, Orion Properties' own Debt-to-Equity has ranged from 0.02 to 0.81 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.78, Orion Properties has consistently been below 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-Equity for a REITs company?
The median Debt-to-Equity among REITs companies is 0.78, based on 683 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Orion Properties's current Debt-to-Equity of 0.69 is 11.5% below 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Orion Properties and its competitors. For the REITs industry, the median Debt-to-Equity is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orion Properties's current Debt-to-Equity is 0.69, which is 23% above median its own 10-year median of 0.56. 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 $2.68, compared to a current price of $2.82 — trading 5.2% above its estimated fair value. The current Debt-to-Equity is 0.69, which is 23% above median its 10-year median of 0.56 and 11.5% below the REITs industry median of 0.78. 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Orion Properties (ONL), the current Debt-to-Equity is 0.69 as of Jun. 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 overvalued. The current stock price of $2.82 is trading 5.2% above its estimated GF Value™ of $2.68. GuruFocus considers Orion Properties to be Fairly Valued.

Key valuation signals for ONL:

  • Debt-to-Equity: 0.69 (23% above median its 10-year median of 0.56)
  • GF Value™: $2.68 vs. price of $2.82 (5.2% above fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 11.5% below the REITs median (#358 of 683)

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 Business Description

Industry Real EstateREITs
Other Exchanges OY9:Germany
Address 3200 East Camelback Road, Suite 100, Phoenix, AZ, USA, 85018
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

Get the complete analysis for ONL

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.82
Price
$2.68
GF Value