Olin Corporation (OLN)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 7,579,100 | 7,713,200 | 8,044,200 | 8,517,700 | 8,270,900 | 
| Total stockholders’ equity | US$ in thousands | 2,055,400 | 2,232,400 | 2,543,600 | 2,652,200 | 1,452,300 | 
| Financial leverage ratio | 3.69 | 3.46 | 3.16 | 3.21 | 5.70 | 
December 31, 2024 calculation
            Financial leverage ratio = Total assets ÷ Total stockholders’ equity
            = $7,579,100K ÷ $2,055,400K
            = 3.69        
The financial leverage ratio of Olin Corporation has shown fluctuations over the past five years. Starting at 5.70 in December 31, 2020, the ratio decreased to 3.21 by December 31, 2021. Subsequently, the ratio continued to decrease to 3.16 by December 31, 2022 before experiencing a slight increase to 3.46 by December 31, 2023, and further rising to 3.69 by December 31, 2024. Overall, the trend indicates a downward trajectory initially, followed by a more recent upward movement in the financial leverage ratio of Olin Corporation.
Peer comparison
Dec 31, 2024
Company name
                    Symbol
                    Financial leverage ratio
                Olin Corporation
                            OLN
                            3.69
                        Balchem Corporation
                            BCPC
                            1.37
                        Chemours Co
                            CC
                            12.44
                        FMC Corporation
                            FMC
                            2.60
                        Ingevity Corp
                            NGVT
                            10.36
                        Innospec Inc
                            IOSP
                            1.43