OEC on NYSE
Orion S.A.
Miscellaneous chemical products company, listed on NYSE (OEC)1
In its 2026 annual report the company says: “Orion S.A., is a Luxembourg joint stock corporation ( société anonyme or S.A.), incorporated in 2014 as a Luxembourg limited liability company ( société à responsabilité limitée ). We are one of the largest global producers of Specialty and Rubber Carbon Black. We currently operate 14 wholly owned production facilities, excluding the under-construction facility at La Porte, Texas, in Europe, North and South America, South Africa, and Asia, and one jointly-owned production facility at Dortmund, Germany.”4 It is headquartered in Spring, Texas.1
Price unavailable
Last updated Oct 21, 2026.
Overview
Compare with Element Solutions, Cabot Corporation or WD-40 Company, or pick any stock.
- TickerOEC on NYSE1
- IndustryMiscellaneous Chemical Products1
- HeadquartersSpring, Texas1
- Business address1700 City Plaza Drive, Suite 300, Spring, Tx 773892
- Filer categoryLarge accelerated filer2
See how the biggest companies compare on our leaderboards
Orion S.A. (“Orion”, “Company”, “we” or “our”), is a Luxembourg joint stock corporation ( société anonyme or S.A.), incorporated in 2014 as a Luxembourg limited liability company ( société à responsabilité limitée ). Our registered office is located at 6, Route de Trèves, L-2633 Senningerberg (Municipality of Niederanven), Grand Duchy of Luxembourg. Our principal executive office is located in Spring, Texas, U.S.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
19.9%Gross margin5
1.5%Operating margin5
-3.9%Net margin5
-3.8%Revenue growth, 20255
-18.2%Return on equity5
1.75×Debt to equity5
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Rubber brought in 66% of the revenue Orion S.A. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Rubber | $1.3B | $1.2B | $1.2B |
| Specialties | $610.6M | $646.3M | $618.5M |
Regions
Asia Pacific brought in 23% of the revenue Orion S.A. broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| Asia Pacific | $432.0M | $423.4M | $404.5M |
| Rest Of EMEA | $298.6M | $347.2M | $316.8M |
| China | $178.3M | $187.0M | $184.2M |
| Germany | $189.5M | $168.3M | $165.4M |
| Brazil | $145.4M | $145.5M | $157.7M |
| South Korea | $139.0M | $130.4M | $128.9M |
| Rest of Asia | $114.7M | $106.0M | $91.4M |
| Italy | $84.8M | $83.6M | $82.1M |
| CZ | $49.4M | $57.7M | $74.3M |
| PL | $59.9M | $54.7M | $56.3M |
| ZA | $69.5M | $66.8M | $52.4M |
| Spain | $52.8M | $53.3M | $47.6M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue80¢$1.4B
- Research and development2¢$27.5M
- Selling, general and admin13¢$230.7M
- Other costs4¢$65.8M
- Income tax2¢$35.8M
Out of $1.8B in revenue.5 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Dividends paid2¢$4.7M
- Share buybacks11¢$24.8M
- Kept or used elsewhere86¢$186.3M
Out of $215.8M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net sales | $1.8B | $1.9B | $1.9B |
| Cost of sales | $1.4B | $1.4B | $1.4B |
| Gross profit | $359.8M | $428.8M | $451.0M |
| Selling, general and administrative expenses | $230.7M | $237.8M | $221.9M |
| Research and development costs | $27.5M | $27.1M | $24.5M |
| Loss (recovery) due to misappropriation of assets, net | -$6.9M | $59.3M | $0 |
| Goodwill impairment | $80.8M | $0 | $0 |
| Other expense (income), net | $200.0K | $1.9M | -$700.0K |
| Income from operations | $27.5M | $102.7M | $205.3M |
| Interest and other financial expense, net | $62.3M | $49.4M | $50.9M |
| Reclassification of actuarial gains from AOCI | $0 | $0 | -$8.9M |
| Income (loss) before earnings in affiliated companies and income taxes | -$34.8M | $53.3M | $163.3M |
| Income tax expense | $35.8M | $9.7M | $60.3M |
| Earnings in affiliated companies, net of tax | $500.0K | $600.0K | $500.0K |
| Net income (loss) | -$70.1M | $44.2M | $103.5M |
| Basic (in shares) | 56.3M shares | 58.2M shares | 59.0M shares |
| Diluted (in shares) | 56.3M shares | 58.4M shares | 60.0M shares |
| Basic (in dollars per share) | -$1.24 | $0.76 | $1.75 |
| Diluted (in dollars per share) | -$1.24 | $0.76 | $1.73 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $60.7M | $44.2M | $37.5M | |
| Accounts receivable, net | $213.6M | $211.9M | ||
| Inventories, net | $277.3M | $290.4M | ||
| Income tax receivables | $25.3M | $12.6M | ||
| Prepaid expenses and other current assets | $66.9M | $54.2M | ||
| Total current assets | $643.8M | $613.3M | ||
| Property, plant and equipment, net | $1.1B | $965.0M | ||
| Right-of-use assets | $125.8M | $117.9M | ||
| Goodwill | $0 | $71.5M | $76.1M | |
| Intangible assets, net | $14.2M | $18.5M | ||
| Investment in equity method affiliates | $13.1M | $8.0M | ||
| Deferred income tax assets | $20.5M | $21.6M | ||
| Other assets | $20.6M | $41.5M | ||
| Total non-current assets | $1.3B | $1.2B | ||
| Total assets | $1.9B | $1.9B | $1.8B | |
| Accounts payable | $197.0M | $156.2M | ||
| Current portion of long term-debt and other financial liabilities | $305.0M | $258.8M | ||
| Accrued liabilities | $50.1M | $39.5M | ||
| Income taxes payable | $20.2M | $4.8M | ||
| Other current liabilities | $54.1M | $57.4M | ||
| Total current liabilities | $626.4M | $516.7M | ||
| Long-term debt, net | $674.5M | $647.0M | ||
| Employee benefit plan obligation | $58.4M | $58.5M | ||
| Deferred income tax liabilities | $28.0M | $36.5M | ||
| Other liabilities | $135.7M | $123.7M | ||
| Total non-current liabilities | $896.6M | $865.7M | ||
| Common stock | $85.3M | $85.3M | ||
| Treasury stock, at cost, 4,837,465 and 3,749,887 | -$90.8M | -$82.2M | ||
| Additional paid-in capital | $80.2M | $84.7M | ||
| Retained earnings | $382.2M | $457.0M | ||
| Accumulated other comprehensive loss | -$72.3M | -$69.9M | ||
| Total stockholders' equity | $384.6M | $474.9M | $478.5M | $459.4M |
| Total liabilities and stockholders' equity | $1.9B | $1.9B | ||
| Common stock, shares authorized (in shares) | 66.0M shares | 66.0M shares | ||
| Common stock, shares issued (in shares) | 61.0M shares | 61.0M shares | ||
| Common stock, shares outstanding (in shares) | 56.2M shares | 57.2M shares | ||
| Treasury stock, cost (in shares) | 4.8M shares | 3.7M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $60.7M | $44.2M | $37.5M | |
| Accounts receivable, net | $213.6M | $211.9M | ||
| Inventories, net | $277.3M | $290.4M | ||
| Income tax receivables | $25.3M | $12.6M | ||
| Prepaid expenses and other current assets | $66.9M | $54.2M | ||
| Total current assets | $643.8M | $613.3M | ||
| Property, plant and equipment, net | $1.1B | $965.0M | ||
| Right-of-use assets | $125.8M | $117.9M | ||
| Goodwill | $0 | $71.5M | $76.1M | |
| Intangible assets, net | $14.2M | $18.5M | ||
| Investment in equity method affiliates | $13.1M | $8.0M | ||
| Deferred income tax assets | $20.5M | $21.6M | ||
| Other assets | $20.6M | $41.5M | ||
| Total non-current assets | $1.3B | $1.2B | ||
| Total assets | $1.9B | $1.9B | $1.8B | |
| Accounts payable | $197.0M | $156.2M | ||
| Current portion of long term-debt and other financial liabilities | $305.0M | $258.8M | ||
| Accrued liabilities | $50.1M | $39.5M | ||
| Income taxes payable | $20.2M | $4.8M | ||
| Other current liabilities | $54.1M | $57.4M | ||
| Total current liabilities | $626.4M | $516.7M | ||
| Long-term debt, net | $674.5M | $647.0M | ||
| Employee benefit plan obligation | $58.4M | $58.5M | ||
| Deferred income tax liabilities | $28.0M | $36.5M | ||
| Other liabilities | $135.7M | $123.7M | ||
| Total non-current liabilities | $896.6M | $865.7M | ||
| Common stock | $85.3M | $85.3M | ||
| Treasury stock, at cost, 4,837,465 and 3,749,887 | -$90.8M | -$82.2M | ||
| Additional paid-in capital | $80.2M | $84.7M | ||
| Retained earnings | $382.2M | $457.0M | ||
| Accumulated other comprehensive loss | -$72.3M | -$69.9M | ||
| Total stockholders' equity | $384.6M | $474.9M | $478.5M | $459.4M |
| Total liabilities and stockholders' equity | $1.9B | $1.9B | ||
| Common stock, shares authorized (in shares) | 66.0M shares | 66.0M shares | ||
| Common stock, shares issued (in shares) | 61.0M shares | 61.0M shares | ||
| Common stock, shares outstanding (in shares) | 56.2M shares | 57.2M shares | ||
| Treasury stock, cost (in shares) | 4.8M shares | 3.7M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | -$70.1M | $44.2M | $103.5M |
| Depreciation of property, plant and equipment and amortization of intangible assets and right of use assets | $131.9M | $125.3M | $113.0M |
| Impairment of property, plant and equipment and intangible assets | $80.8M | $0 | $0 |
| Amortization of debt issuance costs | $2.0M | $1.5M | $2.7M |
| Stock based compensation | $13.6M | $15.3M | $15.4M |
| Deferred tax (benefit) provision | -$6.8M | -$19.7M | $6.3M |
| Foreign currency transactions | -$9.3M | -$1.7M | $5.0M |
| Reclassification of actuarial gains from AOCI | $0 | $0 | -$8.9M |
| Other operating non-cash items, net | $1.4M | $1.8M | $800.0K |
| Trade receivables | $17.4M | $13.8M | $131.2M |
| Inventories | $36.5M | -$19.6M | -$7.7M |
| Trade payables | $15.3M | -$14.8M | $1.6M |
| Other provisions | $8.0M | $1.4M | -$4.4M |
| Income tax liabilities | $1.4M | -$17.8M | -$2.1M |
| Other assets and liabilities, net | -$6.3M | -$4.4M | -$10.5M |
| Net cash provided by operating activities | $215.8M | $125.3M | $345.9M |
| Acquisition of property, plant and equipment | -$161.0M | -$206.7M | -$172.8M |
| Net cash used in investing activities | -$161.0M | -$206.7M | -$172.8M |
| Proceeds from long-term debt borrowings | $0 | $0 | $12.6M |
| Repayments of long-term debt | -$8.9M | -$4.1M | -$3.0M |
| Payments for debt issue costs | -$4.6M | -$200.0K | -$2.7M |
| Cash inflows related to current financial liabilities | $153.4M | $263.1M | $284.4M |
| Cash outflows related to current financial liabilities | -$151.6M | -$138.1M | -$417.9M |
| Dividends paid to stockholders | -$4.7M | -$4.8M | -$4.9M |
| Repurchases of Common stock | -$24.8M | -$26.6M | -$65.6M |
| Net cash provided by (used in) financing activities | -$41.2M | $89.3M | -$197.1M |
| Increase (decrease) in cash, cash equivalents and restricted cash | $13.6M | $7.9M | -$24.0M |
| Effect of exchange rate changes on cash | $2.9M | -$3.4M | $800.0K |
| Cash paid for interest, net | -$54.3M | -$48.8M | -$38.9M |
| Cash paid for income taxes | -$41.2M | -$47.3M | -$56.1M |
| Lease liabilities | $30.8M | $28.9M | $30.0M |
No quarter-by-quarter statement was filed.
Corporate structure
Orion S.A. sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Orion S.A.
- AMERICAN CENTURY INVESTMENT MANAGEMENT INC Filed SCHEDULE 13G on Orion S.A., latest Aug 14, 2026
- Divisar Capital Management LLC Filed SCHEDULE 13G on Orion S.A., latest Feb 26, 2026
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Filed SCHEDULE 13G/A on Orion S.A., latest Aug 1, 2025 (6 filings since Feb 10, 2022)
- PZENA INVESTMENT MANAGEMENT LLC Filed SCHEDULE 13G/A on Orion S.A., latest Jul 11, 2025 (5 filings since Jan 21, 2022)
- T. Rowe Price Investment Management, Inc. Filed SCHEDULE 13G/A on Orion S.A., latest Feb 14, 2025 (4 filings since Feb 14, 2023)
- BlackRock Filed SC 13G/A on Orion S.A., latest Feb 6, 2024 (3 filings since Feb 3, 2022)
- PRICE T ROWE ASSOCIATES INC /MD/ Filed SC 13G/A on Orion S.A., latest Feb 14, 2023 (2 filings since Feb 14, 2022)
- AllianceBernstein Filed SC 13G/A on Orion S.A., latest Mar 9, 2022 (2 filings since Feb 14, 2022)
- Wellington Management Company Filed SC 13G/A on Orion S.A., latest Feb 4, 2022
- Orion S.A. Spring, Texas
- Orion Engineered Carbons Pte. Ltd., Subsidiary · Singapore
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Orion S.A. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Construction in progress | $175.0M5 Dec 31, 2025 | ||
| Finance-lease assets | $83.0M5 Dec 31, 2025 | $81.3M5 Dec 31, 2024 | +2.1% |
| Operating-lease assets (leased space) | $42.8M5 Dec 31, 2025 | $36.6M5 Dec 31, 2024 | +16.9% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $60.7M5 Dec 31, 2025 | $44.2M5 Dec 31, 2024 | +37.3% |
| Stakes in other companies (equity method) | $13.1M5 Dec 31, 2025 | $8.0M5 Dec 31, 2024 | +63.7% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $05 Dec 31, 2025 | $71.5M5 Dec 31, 2024 | −100.0% |
| Intangible assets, net (excluding goodwill) | $14.2M5 Dec 31, 2025 | $18.5M5 Dec 31, 2024 | −23.2% |
| Finite-lived intangibles, gross | $230.4M5 Dec 31, 2025 | $207.9M5 Dec 31, 2024 | +10.8% |
| Accumulated amortization | $216.2M5 Dec 31, 2025 | $189.4M5 Dec 31, 2024 | +14.1% |
| Finite-lived intangibles, net | $14.2M5 Dec 31, 2025 | $18.5M5 Dec 31, 2024 | −23.2% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $277.3M5 Dec 31, 2025 | $290.4M5 Dec 31, 2024 | −4.5% |
| Raw materials | $108.9M5 Dec 31, 2025 | $103.9M5 Dec 31, 2024 | +4.8% |
| Work in process | $100.0K9 Dec 31, 2024 | $200.0K9 Dec 31, 2023 | −50.0% |
| Finished goods | $168.4M5 Dec 31, 2025 | $186.5M5 Dec 31, 2024 | −9.7% |
Properties, in its own words
Production Facilities
We currently operate 14 wholly owned production facilities, excluding the under-construction facility at La Porte, Texas, in Europe, North and South America, South Africa and Asia and one jointly owned production facility at Dortmund, Germany. Most of our production facilities are ISO 9001, Quality Management and ISO 14001, Environmental Management certified.
The rest of Item 2
The map provides an overview of the geographical footprint of our production network as of December 31, 2025:
Item 2 of the 10-K filed Feb 17, 2026.4
Leadership
Who has led Orion S.A., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
2025
- Chief executive officerCorning F. Painter Jan 9, 2020 to now13
- Chief financial officerJonathan A. Puckett Dec 8, 2025 to now14
- Chief financial officerJeffrey Glajch May 12, 2022 to Dec 8, 202515
- Chief financial officerRobert G. Hrivnak Nov 3, 2021 to Nov 10, 202116
- Chief financial officerLorin Crenshaw Jan 9, 2020 to Oct 8, 202117
Board members and other officers (24)
- Sr. VP Global OperationsCarlos Quinones Jan 9, 2020 to now18
- Sr. VP InnovationDavid Deters Jan 9, 2020 to Mar 16, 202019
- Chief Accounting OfficerIsfort Andre Schulze Jan 9, 2020 to May 18, 202020
- Sr. VP Global Supply ChainKatrin Hanske Jan 9, 2020 to Mar 16, 202021
- VP Major Capital Projects MgmtKok Thai Yoong Jan 9, 2020 to Jan 9, 202022
- Sr. VP and General Mgr APACLixing Min Jan 9, 2020 to Mar 16, 202023
- Chief Administration OfficerMichael Reers Jan 9, 2020 to Mar 16, 202024
- Sr. VP Global Human ResourcesPatrick F. Tuttle Jan 9, 2020 to Mar 4, 202025
- Sr. VP Global SpecialtiesSandra Niewiem Jan 9, 2020 to now26
- Sr. VP Global RubberPedro Riveros Jan 10, 2020 to now27
- Sr. VP Strategic DevelopmentSungdo Gong Jan 10, 2020 to Mar 16, 202028
- Chief Accounting OfficerRobert G. Hrivnak Sep 11, 2020 to Apr 5, 202329
- Board memberJacqueline Hoogerbrugge Jul 9, 2025 to now30
- Board memberAnthony Lynn Davis Jul 29, 2022 to Sep 13, 202331
- Board memberCorning F. Painter Jan 9, 2020 to now13
- Board memberDan F. Smith Jan 9, 2020 to now32
- Board memberDidier Miraton Jan 9, 2020 to now33
- Board memberHans Dietrich Winkhaus Jan 9, 2020 to Jun 24, 202434
- Board memberKerry A. Galvin Jan 9, 2020 to now35
- Board memberPaul E. Huck Jan 9, 2020 to now36
- Board memberMary A. Lindsey Jul 10, 2020 to now37
- Board memberMichel Wurth Jul 10, 2020 to now38
- Board memberYi Hyon Paik Jul 10, 2020 to now39
- General counselChristian Eggert Jan 9, 2020 to Mar 16, 202040
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Orion Engineered Carbons Pte. Ltd., Singapore, Singapore 100 %3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
- Sep 17, 20268-K Other events41
- Aug 5, 20268-K Results of operations42
- Jun 29, 20268-K Shareholder vote43
- Jun 25, 20268-K Other events44
- May 6, 20268-K Results of operations45
- Apr 23, 20268-K Other events46
- Apr 10, 20268-K Executive or director change47
- Mar 6, 20268-K Other events48
- Feb 26, 20268-K Other events49
- Feb 17, 20268-K Results of operations50
- Nov 7, 20258-K Executive or director change51
- Nov 4, 20258-K Results of operations52
- Jan 9, 2020New chief executive Corning F. Painter becomes CEO13
Calendar
Coming up
- Nov 4, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.29 a share, on Nov 4, 2025.53
When it reported results
- Aug 5, 2026Reported quarterly or annual results42
- May 6, 2026Reported quarterly or annual results45
- Feb 17, 2026Reported quarterly or annual results50
- Nov 4, 2025Reported quarterly or annual results52
- Oct 14, 2025Reported quarterly or annual results54
- Aug 6, 2025Reported quarterly or annual results55
- May 7, 2025Reported quarterly or annual results56
- Feb 20, 2025Reported quarterly or annual results57
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
270 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 68 major events, 140 insider forms, 25 large holders, 17 other. The latest 20:
- Sep 17, 20268-K EDGAR
- Aug 14, 2026SCHEDULE 13G EDGAR
- Aug 5, 202610-Q EDGAR
- Aug 5, 20268-K EDGAR
- Jun 30, 20264 EDGAR
- Jun 30, 20264 EDGAR
- Jun 30, 20264 EDGAR
- Jun 30, 20264 EDGAR
- Jun 30, 20264 EDGAR
- Jun 30, 20264 EDGAR
- Jun 30, 20264 EDGAR
- Jun 29, 20268-K EDGAR
- Jun 25, 20268-K EDGAR
- May 6, 202610-Q EDGAR
- May 6, 20268-K EDGAR
- May 1, 20264 OWNERSHIP DOCUMENT EDGAR
- May 1, 20264 OWNERSHIP DOCUMENT EDGAR
- May 1, 20264 OWNERSHIP DOCUMENT EDGAR
- May 1, 20264 OWNERSHIP DOCUMENT EDGAR
- May 1, 20264 OWNERSHIP DOCUMENT EDGAR
The 270 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
31 open-market trades by officers, directors and large owners since October 2021: 29 buys and 2 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 13, 2025 | Painter Corning F.Chief Executive Officer | Buy | 20,000 | $11.08 | $221.6K | Form 4 |
| Mar 12, 2025 | Quinones CarlosSr. VP Global Operations | Buy | 3,300 | $13.07 | $43.1K | Form 4 |
| Aug 22, 2024 | Painter Corning F.Chief Executive Officer | Buy | 10,000 | $17.69 | $176.9K | Form 4 |
| Aug 9, 2024 | SMITH DAN FDirector | Buy | 2,500 | $18.53 | $46.3K | Form 4 |
| Aug 7, 2024 | Painter Corning F.Chief Executive Officer | Buy | 20,000 | $17.48 | $349.7K | Form 4 |
| Aug 7, 2024 | Glajch JeffreyChief Financial Officer | Buy | 15,000 | $18.16 | $272.4K | Form 4 |
| Jun 10, 2024 | Quinones CarlosSr. VP Global Operations | Buy | 4,000 | $23.51 | $94.0K | Form 4 |
| Jun 7, 2024 | Glajch JeffreyChief Financial Officer | Buy | 5,000 | $23.68 | $118.4K | Form 4 |
| Jun 4, 2024 | Niewiem SandraSr. VP Global Specialties | Sale | 8,305 | $24.21 | $201.1K | Form 4 |
| Aug 18, 2023 | Painter Corning F.Chief Executive Officer | Buy | 15,000 | $21.59 | $323.9K | Form 4 |
| Mar 15, 2023 | Glajch JeffreyChief Financial Officer | Buy | 10,000 | $23.82 | $238.2K | Form 4 |
| Mar 13, 2023 | Quinones CarlosSr. VP Global Operations | Buy | 3,800 | $23.98 | $91.1K | Form 4 |
| Mar 6, 2023 | Hrivnak Robert G.Chief Accounting Officer | Sale | 2,514 | $26.60 | $66.9K | Form 4 |
| Jan 11, 2023 | Hrivnak Robert G.Chief Accounting Officer | Buy | 2 | $19.23 | $44 | Form 4 |
| Oct 4, 2022 | Hrivnak Robert G.Chief Accounting Officer | Buy | 3 | $14.47 | $44 | Form 4 |
| Aug 22, 2022 | Painter Corning F.Chief Executive Officer | Buy | 30,000 | $16.77 | $503.1K | Form 4 |
| Jul 1, 2022 | Hrivnak Robert G.Chief Accounting Officer | Buy | 3 | $15.37 | $44 | Form 4 |
| May 12, 2022 | Glajch JeffreyChief Financial Officer | Buy | 5,000 | $16.87 | $84.4K | Form 4 |
| May 11, 2022 | Glajch JeffreyChief Financial Officer | Buy | 5,000 | $17.03 | $85.2K | Form 4 |
| Apr 7, 2022 | Hrivnak Robert G.Chief Accounting Officer | Buy | 3 | $14.47 | $44 | Form 4 |
All 31 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- AMERICAN CENTURY INVESTMENT MANAGEMENT INCSCHEDULE 13G, 1 filing Aug 14, 202658
- Divisar Capital Management LLCSCHEDULE 13G, 1 filing Feb 26, 202659
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLCSCHEDULE 13G/A, 6 filings Feb 10, 2022 to Aug 1, 202560
- PZENA INVESTMENT MANAGEMENT LLCSCHEDULE 13G/A, 5 filings Jan 21, 2022 to Jul 11, 202561
- T. Rowe Price Investment Management, Inc.SCHEDULE 13G/A, 4 filings Feb 14, 2023 to Feb 14, 202562
- BlackRockSC 13G/A, 3 filings Feb 3, 2022 to Feb 6, 202463
- PRICE T ROWE ASSOCIATES INC /MD/SC 13G/A, 2 filings Feb 14, 2022 to Feb 14, 202364
- AllianceBernsteinSC 13G/A, 2 filings Feb 14, 2022 to Mar 9, 202265
- Wellington Management CompanySC 13G/A, 1 filing Feb 4, 202266
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Corning PainterChief Executive Officer | 63 | $1.1M | $3.5M67 |
| 2025 | Jeff GlajchFormer Chief Financial Officer until November 30, 2025 | 63 | $506.7K | $1.0M67 |
| 2025 | Sandra NiewiemSVP, Global Specialty Carbon Black and EMEA Region | 50 | $437.5K | $853.3K67 |
| 2025 | Pedro RiverosSVP, Global Rubber Carbon Black and Americas Region | 55 | $449.8K | $804.7K67 |
| 2025 | Carlos QuinonesSVP, Global Operations | 61 | $415.9K | $745.3K67 |
| 2024 | Corning PainterChief Executive Officer | 63 | $1.1M | $4.6M67 |
| 2024 | Jeff GlajchFormer Chief Financial Officer until November 30, 2025 | 63 | $496.7K | $1.1M67 |
| 2024 | Pedro RiverosSVP, Global Rubber Carbon Black and Americas Region | 55 | $432.5K | $971.9K67 |
| 2024 | Sandra NiewiemSVP, Global Specialty Carbon Black and EMEA Region | 50 | $372.1K | $924.1K67 |
| 2024 | Carlos QuinonesSVP, Global Operations | 61 | $399.9K | $828.5K67 |
| 2023 | Corning PainterChief Executive Officer | 63 | $1.0M | $7.6M67 |
| 2023 | Jeff GlajchFormer Chief Financial Officer until November 30, 2025 | 63 | $472.5K | $1.8M67 |
| 2023 | Pedro RiverosSVP, Global Rubber Carbon Black and Americas Region | 55 | $408.0K | $1.1M67 |
| 2023 | Sandra NiewiemSVP, Global Specialty Carbon Black and EMEA Region | 50 | $377.2K | $983.0K67 |
| 2023 | Carlos QuinonesSVP, Global Operations | 61 | $380.5K | $957.7K67 |
SEC filer profile
How Orion S.A. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGAROrion S.A.1
- CIK0001609804
- Employer ID (EIN)00-00000004
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
- Incorporated inGrand Duchy of Luxembourg4
- Fiscal year endsDecember 311
- Industry code (SIC)2890 Miscellaneous Chemical Products1
- SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
- Business address1700 City Plaza Drive, Suite 300, Spring, TX 773891
- Phone(281) 381-29591
- Shares outstanding56,522,699 as of Jul 31, 202611
- Public float$590.0M as of Jun 30, 20254
- AuditorErnst & Young LLP, Houston, TX PCAOB ID 42; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceJun 9, 20141
- Filings562 in all: 4 (169), 6-K (112), 8-K (86), SC 13G/A (33), 3 (29), 10-Q (20), SC 13G (17), CORRESP (11)1
All 35 form types
UPLOAD (10), 4/A (8), 10-K (7), DEF 14A (7), PRE 14A (7), 20-F (5), 424B7 (5), FWP (4), SCHEDULE 13G/A (4), F-1/A (3), SCHEDULE 13G (3), 144 (2), 8-K/A (2), ARS (2), DEFA14A (2), EFFECT (2), S-8 (2), 144/A (1), 3/A (1), 424B4 (1), 8-A12B (1), CERTNYS (1), F-1 (1), F-1MEF (1), F-3 (1), F-3/A (1), POS EX (1)
- Latest filingsAnnual report (10-K) Feb 17, 2026
Quarterly report (10-Q) Aug 5, 2026
Proxy statement (DEF 14A) Apr 24, 2026
Latest 8-K (8-K) Sep 17, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stocks, no par value | OEC | New York Stock Exchange |
From the cover page of the 10-K filed Feb 17, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks Orion S.A. names in Item 1A of its 10-K filed Feb 17, 2026: 36 risks under these headings, as written.4
- Risks Related to Our Business
- Negative or uncertain worldwide economic conditions may result in business volatility and may adversely impact our business, financial condition, results of operations and cash flows.
- We are dependent on major customers for a significant portion of our sales, and a significant adverse change in a customer relationship could negatively affect our business, financial condition, results of operations and cash flows.
- We may not be able to compete successfully in the industries and markets in which we operate.
- We may not successfully develop new products and technologies that address our customers’ changing requirements or competitive challenges, and our customers may substitute our products by using other products we do not offer.
- We may be unable to implement our business strategies in an effective manner.
- We are subject to volatility in the costs, quality and availability of raw materials and energy, which could decrease our production volumes and margins and adversely affect our business, financial condition, results of operations and cash flows.
- Any failure to realize benefits from investments, joint ventures, acquisitions or alliances could adversely affect our business, financial condition, results of operations and cash flows.
- Plant capacity expansions and capital investments such as site development projects may be delayed, cost more than anticipated and/or may not achieve the expected benefits.
- We may be subject to information technology systems failures, network disruptions, cybersecurity attacks and breaches of data security.
- We are exposed to political or country risk inherent in doing business in some countries.
- Our business, financial condition and results of operations have in the past and could in the future be adversely affected by disruptions in the carbon black oil and natural gas supplies, including disruptions caused by the ongoing Russia-Ukraine war, ongoing geopolitical tension in the Middle East and the growing tension between China and Taiwan.
The other 25 risks
- Legal and Regulatory Risks
- Our operations are subject to environmental, health and safety laws and regulations. We have been and may in the future be subject to investigations by regulatory authorities in respect of alleged violations and may incur significant costs to maintain compliance with, and to address liabilities under, these laws and regulations and respective litigation and proceedings.
- Environmental, social and governance matters, including regulations requiring a reduction of or that impose additional taxes or fees on greenhouse gas emissions, could adversely affect our business, financial condition, results of operations and cash flows, and an increased awareness as well as adverse publicity about potential impacts on climate change by us or other companies in our industry could harm our reputation.
- Developing regulation of carbon black as a nano-scale material could require us to comply with costly new requirements.
- Our operations have the potential to cause environmental and other damage as well as personal injury.
- The European Union REACH legislation or similar legislation in other countries may affect our ability to manufacture and sell certain products.
- Market and regulatory changes may affect our ability to sell or otherwise benefit from co-generated energy, which may adversely affect our business, results of operations and cash flows.
- Litigation or legal proceedings could expose us to significant liabilities and thus adversely affect our business, financial condition, results of operations and cash flows.
- We may not be able to protect our intellectual property rights successfully.
- Risks Related to Indebtedness, Currency Exposure and Other Financial Matters
- Our financial leverage may make it difficult for us to service that debt and operate our businesses.
- Restrictive covenants in our debt instruments may limit our ability to operate our business. Our failure to comply with these covenants, including as a result of events beyond our control, could result in an event of default that may adversely affect our business, financial condition, results of operations and cash flows.
- A deterioration in our financial position or a downgrade of our ratings by a credit rating agency could adversely affect our ability to find new financing and maintain existing financing sources, ensure the continued access to receivables factoring programs, increase our borrowing costs, and our business relationships could be adversely affected.
- Fluctuations in foreign currency exchange and interest rates could adversely affect our business, financial condition, results of operations and cash flows.
- From time to time, it may be necessary for us to enter into hedging arrangements to reduce the impact of price and exchange rate volatility. Unavailability or ineffectiveness of hedging could adversely affect our business, financial condition, results of operations and cash flows.
- We may be required to impair or write off certain assets if our assumptions about future sales and profitability prove incorrect.
- We may be required to increase our pension fund contributions.
- Our insurance coverage may not be adequate to cover all the risks we may face, and it may be difficult to obtain replacement insurance on acceptable terms or at all.
- We could experience a material adverse effect on our financial condition if the tax authorities were to successfully challenge decisions and assumptions we have made in assessing and complying with our tax obligations.
- Significant changes in our jurisdictional earnings mix or in the tax laws of those jurisdictions, as well as changes in their interpretation, could adversely affect our business, financial condition, results of operations and cash flows.
- Risks Related to Ownership of our Common Stock
- We cannot assure investors that we will pay dividends on our Common stock.
- The rights of our stockholders may differ from the rights they would have as stockholders of a U.S. corporation, which could adversely affect trading in our Common stock and our ability to conduct equity financings.
- We are organized under the laws of Luxembourg and it may be difficult to obtain or enforce judgments or bring original actions against us or the members of our Board of Directors in the United States.
- Luxembourg and European insolvency and bankruptcy laws are substantially different from U.S. insolvency laws and may offer our stockholders less protection than they would have under U.S. insolvency and bankruptcy laws.
- General Risk Factors
- If we are unable to successfully negotiate with the representatives of our employees, including labor unions and works councils, we may experience strikes and work stoppages.
- We may not be able to recruit or retain key management and personnel.
- Disruptions in credit and capital markets may make it more difficult for us and our suppliers and customers to borrow money or raise capital.
Legal proceedings
We have been and expect to become involved from time to time in various claims and lawsuits arising in the ordinary course of our business, such as product related claims, liability claims, employment related claims and asbestos litigation. Some matters involve claims for large amounts of damages as well as other relief. We believe, based on currently available information, that the results of the proceedings, in the aggregate, will not have a material adverse effect on our financial condition, but may be material to our operating results and cash flow for any particular period when the relevant costs are incurred. We note that the outcome of legal proceedings is inherently uncertain, and we offer no assurances as to the outcome of any of these current or future matters or their effect on the Company. For information regarding our material legal proceedings and regulatory matters, see Item 8. Financial Statements and Supplemental Data, Note Q. Commitments and Contingencies.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGAROrion S.A. filings on SEC EDGAR
- 2SEC EDGAROrion S.A. filings on SEC EDGAR
- 3
- 4
- 5SEC EDGAROrion S.A. 10-K for fiscal 2025
- 6SEC EDGAROrion S.A. 10-K for fiscal 2019
- 7SEC EDGAROrion S.A. 10-K for fiscal 2020
- 8SEC EDGAROrion S.A. 10-K for fiscal 2021
- 9SEC EDGAROrion S.A. 10-K for fiscal 2022
- 10SEC EDGAROrion S.A. 10-Q for fiscal 2026
- 11SEC EDGAROrion S.A. 10-Q for fiscal 2026
- 12SEC EDGAROrion S.A. 10-K for fiscal 2019
- 13
- 14
- 15
- 16
- 17
- 18
- 19SEC EDGARDavid Deters, Sr. VP Innovation
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27SEC EDGARPedro Riveros, Sr. VP Global Rubber
- 28
- 29
- 30
- 31SEC EDGARAnthony Lynn Davis, Board member
- 32SEC EDGARDan F. Smith, Board member
- 33SEC EDGARDidier Miraton, Board member
- 34SEC EDGARHans Dietrich Winkhaus, Board member
- 35SEC EDGARKerry A. Galvin, Board member
- 36SEC EDGARPaul E. Huck, Board member
- 37SEC EDGARMary A. Lindsey, Board member
- 38SEC EDGARMichel Wurth, Board member
- 39SEC EDGARYi Hyon Paik, Board member
- 40SEC EDGARChristian Eggert, General counsel
- 41SEC EDGAROther events
- 42SEC EDGARResults of operations
- 43SEC EDGARShareholder vote
- 44SEC EDGAROther events
- 45SEC EDGARResults of operations
- 46SEC EDGAROther events
- 47SEC EDGARExecutive or director change
- 48SEC EDGAROther events
- 49SEC EDGAROther events
- 50SEC EDGARResults of operations
- 51SEC EDGARExecutive or director change
- 52SEC EDGARResults of operations
- 53NasdaqNasdaq calendar
- 54
- 55
- 56
- 57
- 58
- 59
- 60
- 61
- 62
- 63SEC EDGARBlackRock SC 13G/A on Orion S.A.
- 64
- 65
- 66
- 67