---
schema_version: "secwatch.filing_event.v1"
accession: "0000074303-23-000018"
form_type: "8-K"
ticker: "OLN"
cik: "0000074303"
company_name: "OLIN Corp"
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T08:46:43.981355+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Olin Q4 2022 net income down 36% YoY; guides 2023 adjusted EBITDA $1.5-2.0B

## Summary
- Q4 2022 net income $196.6M ($1.43 diluted EPS) vs $306.6M ($1.89) in Q4 2021; adjusted EBITDA $441.8M vs $686.7M.
- Sales fell 19% to $1,977M from $2,430M; full-year 2022 net income $1,326.9M ($8.94 EPS) vs $1,296.7M ($7.96 EPS) in 2021.
- 2023 adjusted EBITDA guidance of $1.5-$2.0B, down from ~$2.4B in 2022; Q1 2023 expected to decline slightly from Q4 2022.
- Repurchased 25.7M shares for $1.35B in 2022; ended year with ~$1.7B remaining authorization and net debt $2.4B (1.0x EBITDA).
- Segment earnings all declined: Chlor Alkali $252.3M (down 14%), Epoxy $30.5M (down 82%), Winchester $45.7M (down 55%).

## SEC filing metadata
- accession: 0000074303-23-000018
- form_type: 8-K
- ticker: OLN
- cik: 0000074303
- company_name: OLIN Corp
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/74303/000007430323000018/0000074303-23-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/74303/000007430323000018/oln-20230126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000074303-23-000018
- JSON: https://secwatch.observer/filing/0000074303-23-000018.json
- Plain text: https://secwatch.observer/filing/0000074303-23-000018.txt

## Key facts
- Earnings Releases
  OLIN Corp reported the quarter ended December 31, 2022 results: revenue $1,977.0 million, net income $196.6 million, EPS $1.43 per diluted share.
  - Period: the quarter ended December 31, 2022
  - Revenue: $1,977.0 million
  - Net income: $196.6 million
  - EPS: $1.43 per diluted share
  - Result: reported results
  source text: of $148.5 million and restructuring charges and other items of $10.0 million. Fourth quarter 2021 adjusted EBITDA was $686.7 million. Sales in the fourth quarter 2022 were $1,977.0 million compared to $2,430.4 million in the fourth quarter 2021. Full year 2022 reported net income was $1,326.9 million, or $8.94 per diluted share, which compares to full year 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/74303/000007430323000018/0000074303-23-000018-index.htm
- Earnings Releases
  OLIN Corp reported full year 2022 results: net income $1,326.9 million, EPS $8.94 per diluted share.
  - Period: full year 2022
  - Net income: $1,326.9 million
  - EPS: $8.94 per diluted share
  - Result: reported results
  source text: Full year 2022 reported net income was $1,326.9 million, or $8.94 per diluted share, which compares to full year 2021 reported net income of $1,296.7 million, or $7.96 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/74303/000007430323000018/0000074303-23-000018-index.htm
- Earnings Releases
  OLIN Corp updated its full year 2023 guidance (reaffirmed).
  - Period: full year 2023
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Overall, we expect full year 2023 adjusted EBITDA to be in the $1.5 to $2.0 billion range
  evidence_url: https://www.sec.gov/Archives/edgar/data/74303/000007430323000018/0000074303-23-000018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.