OlinOLN -2.61%60 Gross Margin % is 4.79% as of Mar. 2026, which is 58% below its 10-year median of 11.33. GuruFocus rates OLN with a GF Score™ of 60/100 and a GF Value™ of $45.87 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,564 Chemicals companies, Olin ranks worse than 88.55% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Olin's Gross Profit for the
three
months ended in Mar. 2026 was $76 Mil. Olin's Revenue for the
three
months ended in Mar. 2026 was $1,583 Mil. Therefore, Olin's Gross Margin % for the quarter that ended in Mar. 2026 was 4.79%.
Warning Sign:
Olin Corp gross margin has been in long-term decline. The average rate of decline per year is -6.3%.
The historical rank and industry rank for Olin's Gross Margin % or its related term are showing as below:
OLN'
s Gross Margin % Range Over the Past 10 Years
Min: 6.38 Med: 11.33 Max: 25.75
Current: 6.38
During the past 13 years, the highestGross Margin % of Olin was 25.75%. The lowest was 6.38%. And the median was 11.33%.
OLN's Gross Margin % is ranked worse than 88.55% of 1564
companies
in the Chemicals industry
Industry Median: 23.375
vs OLN: 6.38
Olin had a gross margin of 4.79% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Olin was -6.30% per year.
Olin (NYSE:OLN) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Olin had a gross margin of 4.79% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Olin Gross Margin % Related Terms
Olin Gross Margin % Historical Data
* Premium members only.
The historical data trend for Olin's Gross Margin % 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 Chemicals subindustry, Olin's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.
Olin Gross Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Olin's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Olin's Gross Margin % 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Olin (OLN) has a Gross Margin % of 4.79% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Olin and its competitors. This is 58% below median its historical median of 11.33. Over the past decade, Olin's Gross Margin % has ranged from 6.38 to 25.75. According to the industry distribution chart, Olin ranks #1385 out of 1564 companies in the Chemicals industry, placing it in the top 88.6%.
Is Olin's Gross Margin % too high?
Olin's current Gross Margin % of 4.79% is 58% below median its 10-year median of 11.33. Over the past 10 years, this metric has ranged from a low of 6.38 to a high of 25.75. The Chemicals industry median Gross Margin % is 23.38. Olin's value of 4.79% is 79.5% below this industry median. Based on the distribution chart, Olin ranks #1385 out of 1564 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Olin has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Olin's Gross Margin % compare to HUN and REX?
According to the Chemicals industry distribution chart, Olin ranks #1385 out of 1564 companies for Gross Margin %. This places Olin in the lower half of its industry. The industry median Gross Margin % is 23.38. Olin's value of 4.79% is 79.5% below this benchmark. Historically, Olin's own Gross Margin % has ranged from 6.38 to 25.75 over the past decade. While the company's 10-year median is 11.33 vs. the industry median of 23.38, Olin 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 Gross Margin % for a Chemicals company?
The median Gross Margin % among Chemicals companies is 23.38, based on 1,564 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Olin's current Gross Margin % of 4.79% is 79.5% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Olin and its competitors. For the Chemicals industry, the median Gross Margin % is 23.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Olin's current Gross Margin % is 4.79%, which is 58% below median its own 10-year median of 11.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olin stock overvalued right now?
Based on GuruFocus' analysis, Olin (OLN) is currently considered Possible Value Trap. The stock's GF Value™ is $45.87, compared to a current price of $20.90 — trading 54.4% below its estimated fair value. The current Gross Margin % is 4.79%, which is 58% below median its 10-year median of 11.33 and 79.5% below the Chemicals industry median of 23.38. Olin's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Olin (OLN), the current Gross Margin % is 4.79% 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 Olin (OLN) Overvalued in 2026?
Based on GuruFocus' analysis, Olin stock appears to be undervalued.
The current stock price of $20.90 is trading 54.4% below its estimated GF Value™ of $45.87.
GuruFocus considers Olin to be Possible Value Trap.
Key valuation signals for OLN:
Gross Margin %: 4.79% (58% below median its 10-year median of 11.33)
GF Value™: $45.87 vs. price of $20.90 (54.4% below fair value)
Industry Position: 79.5% below the Chemicals median (#1385 of 1564)
No single metric tells the full story. See the OLN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Olin was founded in 1892 and has been publicly listed since 1917. The company has a unique dual identity compared with some of its chemical peers: it is the world's largest chlor-alkali producer by capacity, and it owns the Winchester brand, a leading US ammunition manufacturer. Olin has three reportable segments: chlor-alkali products and vinyls (CAPV or CAP), Epoxies, and Winchester, which represent around 55%, 20%, and 25% of sales, respectively.
60GF Score
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