Demand and volumemixed · 5 filings
“The sales increase was due to higher volumes ($83.2 million), a favorable effect of foreign currency translation ($22.8 million) and higher product pricing ($8.8 million).”10-Q · Jul 31, 2026 ↗
Olin Corporation
OLN
Market read
Olin Corporation's move is spreading beyond its market group.
OLN accounts for 23.6% of the group's measured movement across 7.3 effective names. raw member direction is mixed; 9 of 9 SPY-adjusted paths align to the upside. Capital-flow agreement is 12%, so confirmation is not yet clean. No verified headline preceded the measured group move.
MOVE ANATOMY
SPY-adjusted 5m pathsIs this move genuinely shared?
Role in the moveAligned contributor#1 of 9 by movement share
Group movement share23.6%Absolute path energy—not portfolio weight
Relative path+5.61%aligned
Effective breadth7.3 / 9broad
Relative alignment9/9upside path · 0 counter-moving
Capital-flow agreement12%not yet clean
SEQUENCE READ
MEOH, CVE, CHRD moved materially before OLN. OLN crossed its material path threshold at 10:40 ET, 50 minutes after the first measured mover. LYB, DOW, CE followed.
EVIDENCE COVERAGE
5 of 9 members in Chemicals are active. 0 of 8 disclosed connections are confirming.
What would change this read
Watch this read- At least 6 of 9 durable members become active together.
- Capital-flow agreement rises above 55%.
- DINO remains aligned with the group in the next market snapshot.
Invalidation: The live read weakens if participation falls to 3 of 9 members or fewer.
Research brief
The story so far
OLN accounts for 23.6% of the group's measured movement across 7.3 effective names. raw member direction is mixed; 9 of 9 SPY-adjusted paths align to the upside. Capital-flow agreement is 12%, so confirmation is not yet clean. No verified headline preceded the measured group move.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- At least 6 of 9 durable members become active together.
- Capital-flow agreement rises above 55%.
- DINO remains aligned with the group in the next market snapshot.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations342
Usable filing statements204
Verified relationships12
Evidence supporting the case
- Credit and interest rates has repeated favorable evidence across 4 filings.
Evidence challenging the case
- Operating margin changed -4.5 percentage points in the latest annual period.
- Net margin changed -3.1 percentage points in the latest annual period.
- Input and raw-material costs has repeated adverse evidence across 5 filings.
- Pricing and mix has repeated adverse evidence across 5 filings.
- Macroeconomic conditions has repeated adverse evidence across 4 filings.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Oct 1, 2026
15.966m-45.4%12m-36.1%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$8.9B+54.8%$7.96+3.2%
2022-12-31$9.4B+5.2%$8.94-8.9%
2023-12-31$6.8B-27.1%$3.57-13.3%
2024-12-31$6.5B-4.3%$0.91-7.2%
2025-12-31$6.8B+3.7%$-0.88-4.1%
What management says matters
Persistent and emerging business drivers
Input and raw-material costsnegative · 5 filings
“The decrease in segment results was primarily due to higher raw material and operating costs ($38.9 million), including commodity metal and propellant costs, partially offset by higher product pricing ($23.7 million) and higher sales volume and military proje…”10-Q · Jul 31, 2026 ↗
Pricing and mixmixed · 5 filings
“The sales decrease was due to lower sales 31 Table of Contents volumes, primarily as a result of lower trading volumes associated with Blue Water Alliance, and lower pricing.”10-Q · Jul 31, 2026 ↗
Credit and interest ratesmixed · 4 filings
“Without these items, interest expense, net, for the six months ended June 30, 2026 decreased $3.4 million from June 30, 2025, primarily due to lower average interest rates.”10-Q · Jul 31, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
15.96+2.9% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 1 Oct, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for OLN. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for OLN. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind OLN
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
BAKBraskem S.A.supplierFeb 20, 2026 ▾
“On November 11, 2025, Olin announced a commercial arrangement with Braskem, one of the largest petrochemical companies in the Americas and the leading producer of PVC in South America, for Olin to supply EDC to Braskem, aligning with Braskem's transformation…”
WSBKFiling-linked namecustomerJul 29, 2025 ▾
“Winchester sales increased by $41.6 million, primarily due to increased sales to military customers and military project revenue, partially offset by lower commercial ammunition sales.”
Depended on by
PLUGPlug Power Inc.partnerMay 11, 2026 ▾
“We operate in Europe under the name Plug Power Europe to sell electrolyzers to customers in the Europe, Middle East and African (EMEA) region and to sell hydrogen fuel cell systems for the European material handling market.”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 10 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
OLN is currently a Leader in the organic co-movement group Chemicals. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.