XNYSONL
Market cap216mUSD
Jan 08, Last price
3.87USD
1D
-1.28%
1Q
3.75%
IPO
-84.53%
Name
Orion Office Reit Inc
Chart & Performance
P/E
—
P/S
1.11
EPS
—
Div Yield, %
10.43%
Shrs. gr., 5y
0.81%
Rev. gr., 5y
28.97%
Revenues
195m
-6.28%
Net income
-57m
L-41.21%
CFO
89m
-22.01%
Dividend
Sep 30, 20240.1 USD/sh
Earnings
May 15, 2025
Profile
Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The portfolio is leased primarily on a single-tenant net lease basis to creditworthy tenants. The company's team of experienced industry leaders employs a proven, cycle-tested investment evaluation framework which serves as the lens through which capital allocation decisions are made for the current portfolio and future acquisitions.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | |
| Income | ||||||
Revenues | 195,041 -6.28% | 208,118 161.03% | ||||
Cost of revenue | 80,007 | 77,427 | ||||
Unusual Expense (Income) | ||||||
NOPBT | 115,034 | 130,691 | ||||
NOPBT Margin | 58.98% | 62.80% | ||||
Operating Taxes | 456 | 212 | ||||
Tax Rate | 0.40% | 0.16% | ||||
NOPAT | 114,578 | 130,479 | ||||
Net income | (57,302) -41.21% | (97,474) 118.22% | ||||
Dividends | (22,578) | (16,991) | ||||
Dividend yield | 7.00% | 3.51% | ||||
Proceeds from repurchase of equity | (5,107) | (20) | ||||
BB yield | 1.58% | 0.00% | ||||
| Debt | ||||||
Debt current | 1,399 | 173,815 | ||||
Long-term debt | 485,004 | 380,303 | ||||
Deferred revenue | 595,215 | |||||
Other long-term liabilities | 22,544 | (585,943) | ||||
Net debt | 450,381 | 517,656 | ||||
| Cash flow | ||||||
Cash from operating activities | 89,088 | 114,232 | ||||
CAPEX | (18,442) | (11,624) | ||||
Cash from investing activities | 5,289 | 22,477 | ||||
Cash from financing activities | (92,490) | (110,716) | ||||
FCF | 89,755 | 384,486 | ||||
| Balance | ||||||
Cash | 22,473 | 20,638 | ||||
Long term investments | 13,549 | 15,824 | ||||
Excess cash | 26,270 | 26,056 | ||||
Stockholders' equity | (257,633) | (171,156) | ||||
Invested Capital | 1,645,509 | 1,686,145 | ||||
ROIC | 6.88% | 7.55% | ||||
ROCE | 8.29% | 8.55% | ||||
| EV | ||||||
Common stock shares outstanding | 56,410 | 56,632 | ||||
Price | 5.72 -33.02% | 8.54 -54.26% | ||||
Market cap | 322,664 -33.28% | 483,636 -54.25% | ||||
EV | 774,425 | 1,002,681 | ||||
EBITDA | 224,145 | 262,058 | ||||
EV/EBITDA | 3.46 | 3.83 | ||||
Interest | 29,669 | 30,171 | ||||
Interest/NOPBT | 25.79% | 23.09% | ||||