Orion Group HoldingsORN -4.14%62 3-Year ROIIC % is 140.58 as of Dec. 2025, which is at its 10-year median of 140.58. GuruFocus rates ORN with a GF Score™ of 62/100 and a GF Value™ of $7.64 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,680 Construction companies, Orion Group Holdings ranks better than 95% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Orion Group Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 140.58%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Orion Group Holdings's 3-Year ROIIC % or its related term are showing as below:
ORN's 3-Year ROIIC % is ranked better than 95% of 1680
companies
in the Construction industry
Industry Median: 4.64
vs ORN: 140.58
Orion Group Holdings (NYSE:ORN) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Orion Group Holdings 3-Year ROIIC % Related Terms
Orion Group Holdings 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Orion Group Holdings's 3-Year ROIIC % 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: 3-Year ROIIC % Comparison
For the Engineering & Construction subindustry, Orion Group Holdings's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Construction Industry
For the Construction industry and Industrials sector, Orion Group Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Orion Group Holdings's 3-Year ROIIC % falls into.
Orion Group Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 10.3931937 (Dec. 2025) - -13 (Dec. 2022) )
/
( 273.034 (Dec. 2025) - 256.393 (Dec. 2022) )
=
23.3931937
/
16.641
=
140.58%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Orion Group Holdings (ORN) has a 3-Year ROIIC % of 140.58 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Orion Group Holdings and its competitors. This is near median its historical median of 140.58. Over the past decade, Orion Group Holdings' 3-Year ROIIC % has ranged from 2.97 to 247.17. According to the industry distribution chart, Orion Group Holdings ranks #84 out of 1680 companies in the Construction industry, placing it in the top 5%.
Is Orion Group Holdings' 3-Year ROIIC % too high?
Orion Group Holdings' current 3-Year ROIIC % of 140.58 is near median its 10-year median of 140.58. Over the past 10 years, this metric has ranged from a low of 2.97 to a high of 247.17. The Construction industry median 3-Year ROIIC % is 4.64. Orion Group Holdings' value of 140.58 is 2929.7% above this industry median. Based on the distribution chart, Orion Group Holdings ranks #84 out of 1680 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Orion Group Holdings has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orion Group Holdings' 3-Year ROIIC % compare to BBCP and BWMN?
According to the Construction industry distribution chart, Orion Group Holdings ranks #84 out of 1680 companies for 3-Year ROIIC %. This places Orion Group Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.64. Orion Group Holdings' value of 140.58 is 2929.7% above this benchmark. Historically, Orion Group Holdings' own 3-Year ROIIC % has ranged from 2.97 to 247.17 over the past decade. While the company's 10-year median is 140.58 vs. the industry median of 4.64, 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 3-Year ROIIC % for a Construction company?
The median 3-Year ROIIC % among Construction companies is 4.64, based on 1,680 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Orion Group Holdings's current 3-Year ROIIC % of 140.58 is 2929.7% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Orion Group Holdings and its competitors. For the Construction industry, the median 3-Year ROIIC % is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orion Group Holdings's current 3-Year ROIIC % is 140.58, which is near median its own 10-year median of 140.58. 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 $7.64, compared to a current price of $14.81 — trading 93.8% above its estimated fair value. The current 3-Year ROIIC % is 140.58, which is near median its 10-year median of 140.58 and 2929.7% above the Construction industry median of 4.64. Orion Group Holdings' overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Orion Group Holdings (ORN), the current 3-Year ROIIC % is 140.58 as of Dec. 2025. 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 $14.81 is trading 93.8% above its estimated GF Value™ of $7.64.
GuruFocus considers Orion Group Holdings to be Significantly Overvalued.
Key valuation signals for ORN:
3-Year ROIIC %: 140.58 (near median its 10-year median of 140.58)
GF Value™: $7.64 vs. price of $14.81 (93.8% above fair value)
Industry Position: 2929.7% above the Construction median (#84 of 1680)
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.
62GF Score
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