“Consideration Transferred The preliminary purchase consideration consisted of (i) $ 46.0 million in cash, subject to customary post-closing adjustments under the Purchase Agreement, (ii) an unsecured 6 %, five-year subordinated seller promissory note with a p…”10-Q · Apr 29, 2026 ↗
Orion Group Holdings, Inc.
ORN
Market read
Orion Group Holdings, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 24 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 18 directly disclosed connections are confirming.
- ORN's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if ORN's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 24 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 18 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- ORN's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +7.0% year over year.
- Operating cash flow covered net income at 11.28x in the latest annual period.
- Diluted shares increased 14.0% in the latest annual period.
- P/E is 223% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 76% below the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 10, 2026
9.07Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“We were in compliance with all financial covenants under the UMB Credit Agreement as of March 31, 2026.”10-Q · Apr 29, 2026 ↗
“We were in compliance with all financial covenants under the UMB Credit Agreement as of March 31, 2026.”10-Q · Apr 29, 2026 ↗
“In addition, we are seeing increasing opportunities in other high-growth markets, including Florida, which supports our strategy to selectively expand our geographic footprint and diversify our revenue base.”10-K · Mar 4, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 0.4× · EV/sales 0.4×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 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 ORN. 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 ORN. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind ORN
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depended on by
EPDEnterprise Products Partners L.P.partnerFeb 27, 2026 ▾
“Enterprise Begins Service at Mentone West 1 and Orion In July 2025, we placed our first natural gas processing train at our Mentone West location in the Delaware Basin (“Mentone West 1”) and our eighth Midland Basin natural gas processing train (“Orion”) into…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 17 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
ORN is currently a Follower in the organic co-movement group Battery and Solar Technologies. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for ORN; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.