Olin (OLN) Scaled Net Operating Assets: 0.66 (As of Mar. 2026)


OLN Olin Corp OLN
60 GF Score
Price $21.52
GF Value $45.90
Valuation Possible Value Trap
! 6 Warning Signs
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What is Olin Scaled Net Operating Assets?

Olin OLN +0.58% 60 Scaled Net Operating Assets is 0.66 as of Mar. 2026. GuruFocus rates OLN with a GF Score™ of 60/100 and a GF Value™ of $45.90 (Possible Value Trap). The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Olin's operating assets for the quarter that ended in Mar. 2026 was $7,162 Mil. Olin's operating liabilities for the quarter that ended in Mar. 2026 was $2,308 Mil. Olin's Total Assets for the quarter that ended in Dec. 2025 was $7,326 Mil. Therefore, Olin's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.66.


Olin Scaled Net Operating Assets Historical Data

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The historical data trend for Olin's Scaled Net Operating Assets 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.

Olin Scaled Net Operating Assets Chart

Olin Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.62 0.64 0.65 0.64

Olin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.69 0.66 0.67 0.64 0.66

OLN vs HUN, REX, TROX: Scaled Net Operating Assets Comparison

For the Chemicals subindustry, Olin's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Olin's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Olin's Scaled Net Operating Assets falls into.


OLN
60GF Score
Olin Corp OLN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Olin Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Olin's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(7158.2-2315.7)/7579.1
=0.64

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7325.8 - 167.6
=7158.2

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5455.2 - 2970.1 - 169.4
=2315.7

Olin's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(7161.6-2308.2)/7325.8
=0.66

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7353.8 - 192.2
=7161.6

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5619.1 - 3250.4 - 60.5
=2308.2

* 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.

What does a Scaled Net Operating Assets of 0.66 mean?
Olin (OLN) has a Scaled Net Operating Assets of 0.66 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Olin and its competitors.
Is Olin's Scaled Net Operating Assets too high?
Olin's current Scaled Net Operating Assets is 0.66. 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 Scaled Net Operating Assets compare to HUN and REX?
Olin's Scaled Net Operating Assets of 0.66 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Chemicals company?
A good Scaled Net Operating Assets depends on the Chemicals industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Olin and its competitors. Olin's current Scaled Net Operating Assets is 0.66. 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 $45.90, compared to a current price of $21.52 — trading 53.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.66. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Olin (OLN), the current Scaled Net Operating Assets is 0.66 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 $21.52 is trading 53.1% below its estimated GF Value™ of $45.90. GuruFocus considers Olin to be Possible Value Trap.

Key valuation signals for OLN:

  • Scaled Net Operating Assets: 0.66
  • GF Value™: $45.90 vs. price of $21.52 (53.1% below fair value)
  • GF Score™: 60/100 with 6 warning signs

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 Business Description

Other Exchanges OLN:Germany
Address 190 Carondelet Plaza, Suite 1530, Clayton, MO, USA, 63105
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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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.52
Price
$45.90
GF Value