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Side-by-side financial comparison of OLIN Corp (OLN) and SELECT MEDICAL HOLDINGS CORP (SEM). Click either name above to swap in a different company.

OLIN Corp is the larger business by last-quarter revenue ($1.7B vs $1.4B, roughly 1.2× SELECT MEDICAL HOLDINGS CORP). SELECT MEDICAL HOLDINGS CORP runs the higher net margin — 4.5% vs -8.6%, a 13.1% gap on every dollar of revenue. On growth, SELECT MEDICAL HOLDINGS CORP posted the faster year-over-year revenue change (5.0% vs -0.4%). Over the past eight quarters, SELECT MEDICAL HOLDINGS CORP's revenue compounded faster (5.3% CAGR vs 0.9%).

Olin Corporation is an American manufacturer of ammunition, chlorine, and sodium hydroxide. The company traces its roots to two companies, both founded in 1892: Franklin W. Olin's Equitable Powder Company and the Mathieson Alkali Works. Accidents at Olin chemical plants have exposed employees and nearby residents to health hazards.

Select Medical is a healthcare company based in Pennsylvania. It owns long-term acute care and inpatient rehabilitation hospitals, as well as occupational health and physical therapy clinics. Select Medical is a subsidiary of Select Medical Holdings, which is listed on the New York Stock Exchange.

OLN vs SEM — Head-to-Head

Bigger by revenue
OLN
OLN
1.2× larger
OLN
$1.7B
$1.4B
SEM
Growing faster (revenue YoY)
SEM
SEM
+5.4% gap
SEM
5.0%
-0.4%
OLN
Higher net margin
SEM
SEM
13.1% more per $
SEM
4.5%
-8.6%
OLN
Faster 2-yr revenue CAGR
SEM
SEM
Annualised
SEM
5.3%
0.9%
OLN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
OLN
OLN
SEM
SEM
Revenue
$1.7B
$1.4B
Net Profit
$-143.2M
$63.8M
Gross Margin
1.9%
Operating Margin
-9.4%
6.9%
Net Margin
-8.6%
4.5%
Revenue YoY
-0.4%
5.0%
Net Profit YoY
-1517.8%
-14.7%
EPS (diluted)
$-1.25
$0.35

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
OLN
OLN
SEM
SEM
Q1 26
$1.4B
Q4 25
$1.7B
$1.4B
Q3 25
$1.7B
$1.4B
Q2 25
$1.8B
$1.3B
Q1 25
$1.6B
$1.4B
Q4 24
$1.7B
$1.3B
Q3 24
$1.6B
$1.3B
Q2 24
$1.6B
$1.3B
Net Profit
OLN
OLN
SEM
SEM
Q1 26
$63.8M
Q4 25
$-143.2M
$20.2M
Q3 25
$43.7M
$28.8M
Q2 25
$-2.8M
$40.6M
Q1 25
$1.2M
$56.7M
Q4 24
$10.1M
$-16.1M
Q3 24
$-25.2M
$55.6M
Q2 24
$72.3M
$77.6M
Gross Margin
OLN
OLN
SEM
SEM
Q1 26
Q4 25
1.9%
Q3 25
10.7%
Q2 25
7.9%
Q1 25
9.0%
Q4 24
9.4%
Q3 24
8.5%
Q2 24
14.5%
Operating Margin
OLN
OLN
SEM
SEM
Q1 26
6.9%
Q4 25
-9.4%
4.6%
Q3 25
4.8%
5.4%
Q2 25
2.0%
6.5%
Q1 25
2.7%
8.3%
Q4 24
2.8%
1.6%
Q3 24
1.0%
4.3%
Q2 24
8.3%
5.8%
Net Margin
OLN
OLN
SEM
SEM
Q1 26
4.5%
Q4 25
-8.6%
1.4%
Q3 25
2.6%
2.1%
Q2 25
-0.2%
3.0%
Q1 25
0.1%
4.2%
Q4 24
0.6%
-1.2%
Q3 24
-1.6%
4.4%
Q2 24
4.4%
6.1%
EPS (diluted)
OLN
OLN
SEM
SEM
Q1 26
$0.35
Q4 25
$-1.25
$0.17
Q3 25
$0.37
$0.23
Q2 25
$-0.01
$0.32
Q1 25
$0.01
$0.44
Q4 24
$0.10
$-0.12
Q3 24
$-0.21
$0.43
Q2 24
$0.62
$0.60

Balance Sheet & Financial Strength

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

Metric
OLN
OLN
SEM
SEM
Cash + ST InvestmentsLiquidity on hand
$167.6M
$25.7M
Total DebtLower is stronger
$2.8B
$1.8B
Stockholders' EquityBook value
$1.8B
$2.1B
Total Assets
$7.3B
$6.0B
Debt / EquityLower = less leverage
1.55×
0.88×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OLN
OLN
SEM
SEM
Q1 26
$25.7M
Q4 25
$167.6M
$26.5M
Q3 25
$60.1M
Q2 25
$52.3M
Q1 25
$53.2M
Q4 24
$175.6M
$59.7M
Q3 24
$191.5M
Q2 24
$111.2M
Total Debt
OLN
OLN
SEM
SEM
Q1 26
$1.8B
Q4 25
$2.8B
$1.8B
Q3 25
$3.0B
$1.7B
Q2 25
$3.0B
$1.8B
Q1 25
$3.0B
$1.8B
Q4 24
$2.7B
$1.7B
Q3 24
$2.8B
$3.1B
Q2 24
$2.8B
$3.6B
Stockholders' Equity
OLN
OLN
SEM
SEM
Q1 26
$2.1B
Q4 25
$1.8B
$1.7B
Q3 25
$2.0B
$1.7B
Q2 25
$2.0B
$1.7B
Q1 25
$2.0B
$1.7B
Q4 24
$2.0B
$1.7B
Q3 24
$2.1B
$1.9B
Q2 24
$2.1B
$1.4B
Total Assets
OLN
OLN
SEM
SEM
Q1 26
$6.0B
Q4 25
$7.3B
$5.9B
Q3 25
$7.6B
$5.7B
Q2 25
$7.7B
$5.7B
Q1 25
$7.7B
$5.7B
Q4 24
$7.6B
$5.6B
Q3 24
$7.5B
$8.0B
Q2 24
$7.7B
$7.9B
Debt / Equity
OLN
OLN
SEM
SEM
Q1 26
0.88×
Q4 25
1.55×
1.06×
Q3 25
1.52×
1.03×
Q2 25
1.52×
1.10×
Q1 25
1.50×
1.03×
Q4 24
1.34×
1.01×
Q3 24
1.34×
1.62×
Q2 24
1.31×
2.54×

Cash Flow & Capital Efficiency

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

Metric
OLN
OLN
SEM
SEM
Operating Cash FlowLast quarter
$321.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OLN
OLN
SEM
SEM
Q1 26
Q4 25
$321.2M
$64.3M
Q3 25
$26.7M
$175.3M
Q2 25
$212.3M
$110.3M
Q1 25
$-86.0M
$-3.5M
Q4 24
$141.7M
$125.4M
Q3 24
$189.9M
$181.0M
Q2 24
$90.6M
$278.2M
Free Cash Flow
OLN
OLN
SEM
SEM
Q1 26
Q4 25
$5.2M
Q3 25
$-44.4M
$122.2M
Q2 25
$45.6M
Q1 25
$-147.4M
$-55.8M
Q4 24
$90.7M
$62.0M
Q3 24
$146.6M
$130.3M
Q2 24
$34.1M
$222.6M
FCF Margin
OLN
OLN
SEM
SEM
Q1 26
Q4 25
0.4%
Q3 25
-2.6%
9.0%
Q2 25
3.4%
Q1 25
-9.0%
-4.1%
Q4 24
5.4%
4.7%
Q3 24
9.2%
10.2%
Q2 24
2.1%
17.4%
Capex Intensity
OLN
OLN
SEM
SEM
Q1 26
Q4 25
4.2%
Q3 25
4.2%
3.9%
Q2 25
4.8%
Q1 25
3.7%
3.9%
Q4 24
3.1%
4.8%
Q3 24
2.7%
4.0%
Q2 24
3.4%
4.3%
Cash Conversion
OLN
OLN
SEM
SEM
Q1 26
Q4 25
3.19×
Q3 25
0.61×
6.09×
Q2 25
2.72×
Q1 25
-71.67×
-0.06×
Q4 24
14.03×
Q3 24
3.25×
Q2 24
1.25×
3.59×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OLN
OLN

Chlorinechlorinederivativesandothercoproducts$456.2M27%
Causticsoda$400.2M24%
Militaryandlawenforcement$304.6M18%
Epoxyresins$194.9M12%
Aromaticsandallylics$164.4M10%
Commercial$144.8M9%

SEM
SEM

Segment breakdown not available.

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