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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and Orion Group Holdings Inc (ORN). Click either name above to swap in a different company.

CSW INDUSTRIALS, INC. is the larger business by last-quarter revenue ($233.0M vs $216.3M, roughly 1.1× Orion Group Holdings Inc). CSW INDUSTRIALS, INC. runs the higher net margin — 4.4% vs 2.2%, a 2.2% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs 14.6%). Over the past eight quarters, Orion Group Holdings Inc's revenue compounded faster (6.1% CAGR vs 5.1%).

Orion Corporation, founded in 1917 and headquartered at Espoo, Finland, is a globally operating Finnish company which develops, manufactures and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients for global markets. All of the company's manufacturing sites and the majority of its R&D units are in Finland.

CSW vs ORN — Head-to-Head

Bigger by revenue
CSW
CSW
1.1× larger
CSW
$233.0M
$216.3M
ORN
Growing faster (revenue YoY)
CSW
CSW
+5.7% gap
CSW
20.3%
14.6%
ORN
Higher net margin
CSW
CSW
2.2% more per $
CSW
4.4%
2.2%
ORN
Faster 2-yr revenue CAGR
ORN
ORN
Annualised
ORN
6.1%
5.1%
CSW

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
CSW
CSW
ORN
ORN
Revenue
$233.0M
$216.3M
Net Profit
$10.3M
$4.7M
Gross Margin
39.7%
12.0%
Operating Margin
7.4%
Net Margin
4.4%
2.2%
Revenue YoY
20.3%
14.6%
Net Profit YoY
-61.9%
435.7%
EPS (diluted)
$0.62
$0.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CSW
CSW
ORN
ORN
Q1 26
$216.3M
Q4 25
$233.0M
$233.2M
Q3 25
$277.0M
$225.1M
Q2 25
$263.6M
$205.3M
Q1 25
$230.5M
$188.7M
Q4 24
$193.6M
$216.9M
Q3 24
$227.9M
$226.7M
Q2 24
$226.2M
$192.2M
Net Profit
CSW
CSW
ORN
ORN
Q1 26
$4.7M
Q4 25
$10.3M
$-240.0K
Q3 25
$40.7M
$3.3M
Q2 25
$40.9M
$841.0K
Q1 25
$35.1M
$-1.4M
Q4 24
$26.9M
$6.8M
Q3 24
$36.1M
$4.3M
Q2 24
$38.6M
$-6.6M
Gross Margin
CSW
CSW
ORN
ORN
Q1 26
12.0%
Q4 25
39.7%
11.6%
Q3 25
43.0%
13.2%
Q2 25
43.8%
12.6%
Q1 25
44.2%
12.2%
Q4 24
41.4%
14.0%
Q3 24
45.6%
11.9%
Q2 24
47.5%
9.5%
Operating Margin
CSW
CSW
ORN
ORN
Q1 26
Q4 25
7.4%
2.2%
Q3 25
20.5%
2.4%
Q2 25
20.8%
1.7%
Q1 25
19.5%
0.4%
Q4 24
15.3%
4.4%
Q3 24
22.6%
3.4%
Q2 24
24.3%
-1.4%
Net Margin
CSW
CSW
ORN
ORN
Q1 26
2.2%
Q4 25
4.4%
-0.1%
Q3 25
14.7%
1.5%
Q2 25
15.5%
0.4%
Q1 25
15.2%
-0.7%
Q4 24
13.9%
3.1%
Q3 24
15.8%
1.9%
Q2 24
17.1%
-3.4%
EPS (diluted)
CSW
CSW
ORN
ORN
Q1 26
$0.12
Q4 25
$0.62
$-0.00
Q3 25
$2.41
$0.08
Q2 25
$2.43
$0.02
Q1 25
$2.05
$-0.04
Q4 24
$1.60
$0.22
Q3 24
$2.26
$0.12
Q2 24
$2.47
$-0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CSW
CSW
ORN
ORN
Cash + ST InvestmentsLiquidity on hand
$40.2M
$6.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$166.7M
Total Assets
$2.3B
$478.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSW
CSW
ORN
ORN
Q1 26
$6.3M
Q4 25
$40.2M
$1.6M
Q3 25
$31.5M
$4.9M
Q2 25
$38.0M
$1.7M
Q1 25
$225.8M
$13.0M
Q4 24
$213.8M
$28.3M
Q3 24
$273.2M
$28.3M
Q2 24
$18.9M
$4.8M
Total Debt
CSW
CSW
ORN
ORN
Q1 26
Q4 25
Q3 25
Q2 25
$33.4M
Q1 25
$800.1M
$23.3M
Q4 24
$23.2M
Q3 24
$28.0M
Q2 24
$60.3M
Stockholders' Equity
CSW
CSW
ORN
ORN
Q1 26
$166.7M
Q4 25
$1.1B
$159.0M
Q3 25
$1.1B
$157.9M
Q2 25
$1.1B
$153.2M
Q1 25
$1.1B
$150.8M
Q4 24
$1.0B
$150.7M
Q3 24
$1.0B
$142.4M
Q2 24
$650.2M
$111.1M
Total Assets
CSW
CSW
ORN
ORN
Q1 26
$478.7M
Q4 25
$2.3B
$414.7M
Q3 25
$1.5B
$422.4M
Q2 25
$1.5B
$432.7M
Q1 25
$1.4B
$416.3M
Q4 24
$1.4B
$417.3M
Q3 24
$1.4B
$430.3M
Q2 24
$1.1B
$414.0M
Debt / Equity
CSW
CSW
ORN
ORN
Q1 26
Q4 25
Q3 25
Q2 25
0.22×
Q1 25
0.75×
0.15×
Q4 24
0.15×
Q3 24
0.20×
Q2 24
0.54×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CSW
CSW
ORN
ORN
Operating Cash FlowLast quarter
$28.9M
Free Cash FlowOCF − Capex
$22.7M
FCF MarginFCF / Revenue
9.8%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
2.81×
TTM Free Cash FlowTrailing 4 quarters
$162.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSW
CSW
ORN
ORN
Q1 26
Q4 25
$28.9M
$13.8M
Q3 25
$61.8M
$23.3M
Q2 25
$60.6M
$-5.6M
Q1 25
$27.3M
$-3.4M
Q4 24
$11.6M
$13.4M
Q3 24
$66.8M
$37.5M
Q2 24
$62.7M
$-15.3M
Free Cash Flow
CSW
CSW
ORN
ORN
Q1 26
Q4 25
$22.7M
$454.0K
Q3 25
$58.7M
$13.9M
Q2 25
$57.7M
$-12.7M
Q1 25
$22.8M
$-12.5M
Q4 24
$8.5M
$9.9M
Q3 24
$61.3M
$33.3M
Q2 24
$59.6M
$-20.0M
FCF Margin
CSW
CSW
ORN
ORN
Q1 26
Q4 25
9.8%
0.2%
Q3 25
21.2%
6.2%
Q2 25
21.9%
-6.2%
Q1 25
9.9%
-6.6%
Q4 24
4.4%
4.6%
Q3 24
26.9%
14.7%
Q2 24
26.3%
-10.4%
Capex Intensity
CSW
CSW
ORN
ORN
Q1 26
Q4 25
2.6%
5.7%
Q3 25
1.1%
4.2%
Q2 25
1.1%
3.5%
Q1 25
2.0%
4.8%
Q4 24
1.6%
1.6%
Q3 24
2.4%
1.8%
Q2 24
1.4%
2.4%
Cash Conversion
CSW
CSW
ORN
ORN
Q1 26
Q4 25
2.81×
Q3 25
1.52×
7.05×
Q2 25
1.48×
-6.61×
Q1 25
0.78×
Q4 24
0.43×
1.98×
Q3 24
1.85×
8.79×
Q2 24
1.62×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CSW
CSW

Contractor Solutions Segment$166.3M71%
Specialized Reliability Solutions Segment$38.2M16%
Engineered Building Solutions Segment$28.5M12%

ORN
ORN

Segment breakdown not available.

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