---
schema_version: "secwatch.filing_event.v1"
accession: "0001609804-23-000003"
form_type: "8-K"
ticker: "OEC"
cik: "0001609804"
company_name: "Orion S.A."
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T09:29:22.494439+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Orion Engineered Carbons reports record 2022 Adjusted EBITDA of $312.3M; Q4 EPS $0.20

## Summary
- Full-year net sales $2,030.9M (+31% YoY); net income $106.2M, diluted EPS $1.73.
- Record Adjusted EBITDA $312.3M (+16% YoY); Adjusted EPS $1.96 (+13% YoY).
- Q4 net sales $462.1M (+17.7%); Adjusted EBITDA $65.2M (+24.7%).
- Q4 volume 215.1 kmt (-3.6% YoY); gross profit per ton $449.6 (+33.2%).
- Expects 2023 free cash flow ~$100M; Adjusted EBITDA growth 12-22% from 2022.

## SEC filing metadata
- accession: 0001609804-23-000003
- form_type: 8-K
- ticker: OEC
- cik: 0001609804
- company_name: Orion S.A.
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1609804/000160980423000003/0001609804-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1609804/000160980423000003/oec-20230216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001609804-23-000003
- JSON: https://secwatch.observer/filing/0001609804-23-000003.json
- Plain text: https://secwatch.observer/filing/0001609804-23-000003.txt

## Key facts
- Earnings Releases
  Orion S.A. reported full year 2022 results: revenue $2,030.9 million, net income $106.2 million, EPS Diluted EPS of $1.73. Guidance initiated.
  - Period: full year 2022
  - Revenue: $2,030.9 million
  - Net income: $106.2 million
  - EPS: Diluted EPS of $1.73
  - Guidance: initiated
  - Result: reported results
  source text: Full Year 2022 Highlights • Net sales of $2,030.9 million, up $484.1 million, year over year • Net income of $106.2 million, down $28.5 million, year over year. Prior year included the Evonik cash settlement of $79.5 million • Diluted EPS of $1.73, down $0.48, year over year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1609804/000160980423000003/0001609804-23-000003-index.htm
- Earnings Releases
  Orion S.A. reported fourth quarter 2022 results: revenue $462.1 million, net income $12.2 million, EPS Diluted EPS of $0.20. Guidance initiated.
  - Period: fourth quarter 2022
  - Revenue: $462.1 million
  - Net income: $12.2 million
  - EPS: Diluted EPS of $0.20
  - Guidance: initiated
  - Result: reported results
  source text: Fourth Quarter 2022 Highlights • Net sales of $462.1 million, up $69.4 million, year over year • Net income of $12.2 million, up $11.1 million, year over year • Diluted EPS of $0.20, up $0.19, year over year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1609804/000160980423000003/0001609804-23-000003-index.htm

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