ONL (Orion Properties) Interest Coverage: 0.46 (As of Mar. 2026) — 91% Below Median


ONL Orion Properties Inc ONL
69 GF Score
Price $2.75
GF Value $2.80
Valuation Fairly Valued
! 12 Warning Signs
View Full Analysis

What is Orion Properties Interest Coverage?

Orion Properties ONL +0.18% 69 Interest Coverage is 0.46 as of Mar. 2026, which is 91% below its 10-year median of 5.38. GuruFocus rates ONL with a GF Score™ of 69/100 and a GF Value™ of $2.80 (Fairly Valued). The stock has 12 warning signs investors should review. Among 700 REITs companies, Orion Properties ranks worse than 99.71% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Orion Properties's Operating Income for the three months ended in Mar. 2026 was $3.4 Mil. Orion Properties's Interest Expense for the three months ended in Mar. 2026 was $-7.3 Mil. Orion Properties's interest coverage for the quarter that ended in Mar. 2026 was 0.46. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Orion Properties Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

The historical rank and industry rank for Orion Properties's Interest Coverage or its related term are showing as below:

ONL' s Interest Coverage Range Over the Past 10 Years
Min: 0.02   Med: 5.38   Max: 6.72
Current: 0.02


ONL's Interest Coverage is ranked worse than
99.71% of 700 companies
in the REITs industry
Industry Median: 3.095 vs ONL: 0.02

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Orion Properties  (NYSE:ONL) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Orion Properties Interest Coverage Related Terms


Orion Properties Interest Coverage Historical Data

* Premium members only.

The historical data trend for Orion Properties's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Orion Properties Interest Coverage Chart

Orion Properties Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 4.35 0.00 0.22 0.00 0.00

Orion Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 0.07 0.21 0.07 0.00 0.46

ONL vs NLOP, FSP, CMCT: Interest Coverage Comparison

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

For the REITs industry and Real Estate sector, Orion Properties's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Orion Properties's Interest Coverage falls into.


ONL
69GF Score
Orion Properties Inc ONL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orion Properties Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Orion Properties's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Orion Properties's Interest Expense was $-31.5 Mil. Its Operating Income was $-2.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $372.0 Mil.

Orion Properties did not have earnings to cover the interest expense.

Orion Properties's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Orion Properties's Interest Expense was $-7.3 Mil. Its Operating Income was $3.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $366.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*3.369/-7.25
=0.46

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0.46 mean?
Orion Properties (ONL) has a Interest Coverage of 0.46 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Orion Properties and its competitors. This is 91% below median its historical median of 5.38. Over the past decade, Orion Properties' Interest Coverage has ranged from 0.02 to 6.72. According to the industry distribution chart, Orion Properties ranks #698 out of 700 companies in the REITs industry, placing it in the top 99.7%.
Is Orion Properties' Interest Coverage too high?
Orion Properties' current Interest Coverage of 0.46 is 91% below median its 10-year median of 5.38. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 6.72. The REITs industry median Interest Coverage is 3.10. Orion Properties' value of 0.46 is 85.1% below this industry median. Based on the distribution chart, Orion Properties ranks #698 out of 700 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Orion Properties has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Orion Properties' Interest Coverage compare to NLOP and FSP?
According to the REITs industry distribution chart, Orion Properties ranks #698 out of 700 companies for Interest Coverage. This places Orion Properties in the lower half of its industry. The industry median Interest Coverage is 3.10. Orion Properties' value of 0.46 is 85.1% below this benchmark. Historically, Orion Properties' own Interest Coverage has ranged from 0.02 to 6.72 over the past decade. While the company's 10-year median is 5.38 vs. the industry median of 3.10, 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 Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.10, based on 700 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Orion Properties's current Interest Coverage of 0.46 is 85.1% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Orion Properties and its competitors. For the REITs industry, the median Interest Coverage is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orion Properties's current Interest Coverage is 0.46, which is 91% below median its own 10-year median of 5.38. 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 $2.80, compared to a current price of $2.75 — trading 2% below its estimated fair value. The current Interest Coverage is 0.46, which is 91% below median its 10-year median of 5.38 and 85.1% below the REITs industry median of 3.10. Orion Properties' overall GF Score™ is 69/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Orion Properties (ONL), the current Interest Coverage is 0.46 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 $2.75 is trading 2% below its estimated GF Value™ of $2.80. GuruFocus considers Orion Properties to be Fairly Valued.

Key valuation signals for ONL:

  • Interest Coverage: 0.46 (91% below median its 10-year median of 5.38)
  • GF Value™: $2.80 vs. price of $2.75 (2% below fair value)
  • GF Score™: 69/100 with 12 warning signs
  • Industry Position: 85.1% below the REITs median (#698 of 700)

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.
69GF Score

Get the complete analysis for ONL

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

$2.75
Price
$2.80
GF Value