ONL - Orion Office REIT Inc.
NYSE
->
Real Estate
->
REIT—Office
Baltimore,
United States
Type: Equity
ONL price evolution
ONL
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $22.47 | $32.29 | $42.21 | $23.75 |
| Short term investments | ||||
| Net receivables | $24.66 | $26.91 | $24.96 | $24.7 |
| Inventory | ||||
| Total current assets | $47.14 | $59.2 | $67.17 | $48.45 |
| Long term investments | ||||
| Property, plant & equipment | $1161.61 | $1176.68 | $1191.6 | $1223.46 |
| Goodwill & intangible assets | $126.36 | $144.3 | $161.88 | $182.63 |
| Total noncurrent assets | ||||
| Total investments | ||||
| Total assets | $1423.93 | $1504.39 | $1527.91 | $1546.87 |
| Current liabilities | ||||
| Accounts payable | $36.06 | $36.15 | $28 | $25.62 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $36.06 | $36.2 | $28 | $25.62 |
| Long term debt | $468.86 | $527.7 | $527.51 | $526.49 |
| Total noncurrent liabilities | ||||
| Total debt | $468.86 | $527.68 | $527.51 | $526.49 |
| Total liabilities | $536.93 | $595.12 | $590.18 | $586.92 |
| Shareholders' equity | ||||
| Retained earnings | -$258.81 | -$237.03 | -$214.93 | -$193.52 |
| Other shareholder equity | -$0.26 | $0.99 | $3.03 | $4.54 |
| Total shareholder equity | $885.62 | $907.84 | $936.31 | $958.55 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $22.47 | $20.64 | $29.32 | $3.41 |
| Short term investments | ||||
| Net receivables | $24.66 | $21.64 | $17.92 | $8.08 |
| Inventory | ||||
| Total current assets | $47.14 | $42.28 | $47.23 | $8.08 |
| Long term investments | ||||
| Property, plant & equipment | $1161.61 | $1259.67 | $1353.64 | $1201.42 |
| Goodwill & intangible assets | $126.36 | $202.83 | $298.11 | $159.13 |
| Total noncurrent assets | ||||
| Total investments | $13.43 | |||
| Total assets | $1423.93 | $1571.07 | $1759.48 | $1412.36 |
| Current liabilities | ||||
| Accounts payable | $36.06 | $1.79 | $17.38 | $12.63 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $36.06 | $31.82 | $17.38 | $0.85 |
| Long term debt | $468.86 | $525.98 | $616.85 | $37.05 |
| Total noncurrent liabilities | ||||
| Total debt | $468.86 | $525.98 | $616.85 | $222.99 |
| Total liabilities | $536.93 | $596.6 | $671.19 | $250.93 |
| Shareholders' equity | ||||
| Retained earnings | -$258.81 | -$178.91 | -$58.72 | |
| Other shareholder equity | -$0.26 | $6.31 | $0.3 | $497.12 |
| Total shareholder equity | $885.62 | $974.47 | $1086.92 | $1160.25 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $43.75 | $49.08 | $52.02 | $50.19 |
| Cost of revenue | $14.45 | $15.51 | $15.49 | $15.34 |
| Gross Profit | $29.3 | $33.57 | $36.54 | $34.85 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $5.48 | $4.37 | $4.57 | $4.31 |
| Total operating expenses | $37.82 | $42.88 | $44.41 | $36.33 |
| Operating income | -$8.51 | -$9.31 | -$7.87 | -$1.49 |
| Income from continuing operations | ||||
| EBIT | -$8.29 | -$8.98 | -$8.32 | -$1.59 |
| Income tax expense | -$0.05 | $0.16 | $0.18 | $0.16 |
| Interest expense | $7.93 | $7.38 | $7.22 | $7.14 |
| Net income | ||||
| Net income | -$16.17 | -$16.52 | -$15.73 | -$8.88 |
| Income (for common shares) | -$16.17 | -$16.52 | -$15.73 | -$8.88 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $195.04 | $208.12 | $79.73 | $170.9 |
| Cost of revenue | $60.78 | $61.52 | $13.41 | $46.6 |
| Gross Profit | $134.26 | $146.6 | $66.32 | $124.3 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $18.72 | $15.91 | $3.83 | $7.03 |
| Total operating expenses | $161.45 | $215.27 | $105.52 | $79 |
| Operating income | -$27.19 | -$68.67 | -$39.2 | $45.31 |
| Income from continuing operations | ||||
| EBIT | -$27.18 | -$67.11 | -$43.06 | $54.14 |
| Income tax expense | $0.46 | $0.21 | $0.16 | $0.64 |
| Interest expense | $29.67 | $30.17 | $4.27 | $9.9 |
| Net income | ||||
| Net income | -$57.3 | -$97.49 | -$47.48 | $43.59 |
| Income (for common shares) | -$57.3 | -$97.49 | -$47.48 | $43.59 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$16.17 | -$16.52 | -$15.73 | -$8.88 |
| Operating activities | ||||
| Depreciation | $26.05 | $27.01 | $27.88 | $28.17 |
| Business acquisitions & disposals | $0.47 | $0.49 | $0.46 | $0.42 |
| Stock-based compensation | $0.83 | $0.69 | $0.69 | $0.53 |
| Total cash flows from operations | $19.5 | $25.67 | $32.48 | $11.44 |
| Investing activities | ||||
| Capital expenditures | $1.57 | -$6 | -$3.61 | -$3.14 |
| Investments | ||||
| Total cash flows from investing | $2.14 | $8.3 | -$2.68 | -$2.47 |
| Financing activities | ||||
| Dividends paid | -$5.58 | -$5.67 | -$5.67 | -$5.66 |
| Sale and purchase of stock | -$0.01 | -$5.02 | -$0.07 | |
| Net borrowings | -$59.01 | $0.01 | -$5.62 | -$0.04 |
| Total cash flows from financing | -$64.64 | -$10.68 | -$11.33 | -$5.84 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$43 | $23.29 | $18.47 | $3.13 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$57.3 | -$97.49 | -$47.48 | $43.59 |
| Operating activities | ||||
| Depreciation | $109.11 | $131.37 | $43.92 | $62.23 |
| Business acquisitions & disposals | $1.84 | $2.25 | -$2.35 | -$1.95 |
| Stock-based compensation | $2.73 | $1.76 | $0.07 | |
| Total cash flows from operations | $89.09 | $114.23 | $56.11 | $108.52 |
| Investing activities | ||||
| Capital expenditures | $2.59 | $20.23 | -$9.92 | $107.61 |
| Investments | $5.77 | |||
| Total cash flows from investing | $5.29 | $22.48 | -$12.26 | $111.43 |
| Financing activities | ||||
| Dividends paid | -$22.58 | -$16.99 | ||
| Sale and purchase of stock | -$5.11 | -$0.02 | ||
| Net borrowings | -$64.66 | -$93.12 | $568.71 | -$27.2 |
| Total cash flows from financing | -$92.49 | -$110.72 | -$18.44 | -$219.43 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $1.89 | $25.99 | $25.4 | $0.52 |
News
Fundamentals
| Market cap | $186.87M |
|---|---|
| Enterprise value | $633.26M |
| Shares outstanding | 55.78M |
| Revenue | $195.04M |
|---|---|
| EBITDA | $81.93M |
| EBIT | -$27.18M |
| Net Income | -$57.30M |
| Revenue Q/Q | -13.01% |
| Revenue Y/Y | -6.28% |
| P/E ratio | -3.26 |
|---|---|
| EV/Sales | 3.25 |
| EV/EBITDA | 7.73 |
| EV/EBIT | -23.30 |
| P/S ratio | 0.96 |
| P/B ratio | 0.21 |
| Book/Share | 15.88 |
| Cash/Share | 0.40 |
| EPS | -$1.03 |
|---|---|
| ROA | -3.82% |
| ROE | -6.21% |
| Debt/Equity | 0.61 |
|---|---|
| Net debt/EBITDA | 6.28 |
| Current ratio | 1.31 |
| Quick ratio | 1.31 |