Orion Group Holdings, Inc. (NYSE:ORN) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. Orion Group Holdings, Inc. operates as a specialty construction company in the infrastructure, industrial, and building sectors in the United States, Alaska, Hawaii, Canada, and the Caribbean Basin. The US$208m market-cap company announced a latest loss of US$1.6m on 31 December 2024 for its most recent financial year result. The most pressing concern for investors is Orion Group Holdings' path to profitability – when will it breakeven? Below we will provide a high-level summary of the industry analysts’ expectations for the company.
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According to the 4 industry analysts covering Orion Group Holdings, the consensus is that breakeven is near. They expect the company to post a final loss in 2025, before turning a profit of US$13m in 2026. The company is therefore projected to breakeven just over a year from now. How fast will the company have to grow each year in order to reach the breakeven point by 2026? Working backwards from analyst estimates, it turns out that they expect the company to grow 145% year-on-year, on average, which is rather optimistic! Should the business grow at a slower rate, it will become profitable at a later date than expected.
Underlying developments driving Orion Group Holdings' growth isn’t the focus of this broad overview, but, take into account that generally a high forecast growth rate is not unusual for a company that is currently undergoing an investment period.
See our latest analysis for Orion Group Holdings
One thing we’d like to point out is that The company has managed its capital prudently, with debt making up 30% of equity. This means that it has predominantly funded its operations from equity capital, and its low debt obligation reduces the risk around investing in the loss-making company.
There are too many aspects of Orion Group Holdings to cover in one brief article, but the key fundamentals for the company can all be found in one place – Orion Group Holdings' company page on Simply Wall St. We've also compiled a list of essential aspects you should further examine:
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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