Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Orion Properties's annualized net income for the quarter that ended in Mar. 2026 was $-54.3 Mil. Orion Properties's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $537.0 Mil. Therefore, Orion Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -10.11%.
The historical rank and industry rank for Orion Properties's Return-on-Tangible-Equity or its related term are showing as below:
ONL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -24.25 Med: -7.55 Max: 3.25
Current: -24.25
During the past 8 years, Orion Properties's highest Return-on-Tangible-Equity was 3.25%. The lowest was -24.25%. And the median was -7.55%.
ONL's Return-on-Tangible-Equity is ranked worse than 97.11% of 935
companies
in the REITs industry
Industry Median: 6.23
vs ONL: -24.25
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Orion Properties Return-on-Tangible-Equity Related Terms
Orion Properties Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Orion Properties's Return-on-Tangible-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.
ONL vs NLOP, FSP, CMCT: Return-on-Tangible-Equity Comparison
For the REIT - Office subindustry, Orion Properties's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-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 Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Orion Properties's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Orion Properties's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -10.11% mean?
Orion Properties (ONL) has a Return-on-Tangible-Equity of -10.11% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Orion Properties and its competitors. According to the industry distribution chart, Orion Properties ranks #908 out of 935 companies in the REITs industry, placing it in the top 97.1%.
Is Orion Properties' Return-on-Tangible-Equity too high?
Orion Properties' current Return-on-Tangible-Equity is -10.11%. Based on the distribution chart, Orion Properties ranks #908 out of 935 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Orion Properties has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Orion Properties' Return-on-Tangible-Equity compare to NLOP and FSP?
According to the REITs industry distribution chart, Orion Properties ranks #908 out of 935 companies for Return-on-Tangible-Equity. This places Orion Properties in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.23. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.23, based on 935 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Orion Properties and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orion Properties's current Return-on-Tangible-Equity is -10.11%. 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 $2.83 — trading 1.1% above its estimated fair value. The current Return-on-Tangible-Equity is -10.11%. Orion Properties' overall GF Score™ is 68/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Orion Properties (ONL), the current Return-on-Tangible-Equity is -10.11% 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 overvalued.
The current stock price of $2.83 is trading 1.1% above its estimated GF Value™ of $2.80.
GuruFocus considers Orion Properties to be Fairly Valued.
Key valuation signals for ONL:
Return-on-Tangible-Equity: -10.11%
GF Value™: $2.80 vs. price of $2.83 (1.1% above fair value)
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.
68GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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