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Side-by-side financial comparison of OLIN Corp (OLN) and UWM Holdings Corp (UWMC). Click either name above to swap in a different company.

OLIN Corp is the larger business by last-quarter revenue ($1.6B vs $945.2M, roughly 1.7× UWM Holdings Corp). On growth, UWM Holdings Corp posted the faster year-over-year revenue change (68.7% vs -3.7%). Over the past eight quarters, UWM Holdings Corp's revenue compounded faster (28.8% CAGR vs -1.9%).

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.

United Wholesale Mortgage (UWM), formerly United Shore Financial Services, is an American wholesale mortgage lender headquartered in Pontiac, Michigan. UWM underwrites loans for independent brokers, and as of 2024 is the largest mortgage lender in the United States.

OLN vs UWMC — Head-to-Head

Bigger by revenue
OLN
OLN
1.7× larger
OLN
$1.6B
$945.2M
UWMC
Growing faster (revenue YoY)
UWMC
UWMC
+72.5% gap
UWMC
68.7%
-3.7%
OLN
Faster 2-yr revenue CAGR
UWMC
UWMC
Annualised
UWMC
28.8%
-1.9%
OLN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
OLN
OLN
UWMC
UWMC
Revenue
$1.6B
$945.2M
Net Profit
$19.4M
Gross Margin
4.8%
Operating Margin
17.9%
Net Margin
2.1%
Revenue YoY
-3.7%
68.7%
Net Profit YoY
117.6%
EPS (diluted)
$-0.73
$0.14

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
UWMC
UWMC
Q1 26
$1.6B
Q4 25
$1.7B
$945.2M
Q3 25
$1.7B
$843.3M
Q2 25
$1.8B
$758.7M
Q1 25
$1.6B
$613.4M
Q4 24
$1.7B
$560.2M
Q3 24
$1.6B
$526.4M
Q2 24
$1.6B
$507.1M
Net Profit
OLN
OLN
UWMC
UWMC
Q1 26
Q4 25
$-143.2M
$19.4M
Q3 25
$43.7M
$-1.3M
Q2 25
$-2.8M
$22.9M
Q1 25
$1.2M
$-13.7M
Q4 24
$10.1M
$8.9M
Q3 24
$-25.2M
$-6.3M
Q2 24
$72.3M
$3.0M
Gross Margin
OLN
OLN
UWMC
UWMC
Q1 26
4.8%
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
UWMC
UWMC
Q1 26
Q4 25
-9.4%
17.9%
Q3 25
4.8%
1.5%
Q2 25
2.0%
43.4%
Q1 25
2.7%
-42.5%
Q4 24
2.8%
7.6%
Q3 24
1.0%
6.1%
Q2 24
8.3%
15.2%
Net Margin
OLN
OLN
UWMC
UWMC
Q1 26
Q4 25
-8.6%
2.1%
Q3 25
2.6%
-0.1%
Q2 25
-0.2%
3.0%
Q1 25
0.1%
-2.2%
Q4 24
0.6%
1.6%
Q3 24
-1.6%
-1.2%
Q2 24
4.4%
0.6%
EPS (diluted)
OLN
OLN
UWMC
UWMC
Q1 26
$-0.73
Q4 25
$-1.25
$0.14
Q3 25
$0.37
$-0.01
Q2 25
$-0.01
$0.11
Q1 25
$0.01
$-0.12
Q4 24
$0.10
$0.07
Q3 24
$-0.21
$-0.06
Q2 24
$0.62
$0.03

Balance Sheet & Financial Strength

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

Metric
OLN
OLN
UWMC
UWMC
Cash + ST InvestmentsLiquidity on hand
$192.2M
$503.4M
Total DebtLower is stronger
$3.0B
$3.0B
Stockholders' EquityBook value
$1.7B
$1.6B
Total Assets
$7.4B
$16.9B
Debt / EquityLower = less leverage
1.73×
1.87×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OLN
OLN
UWMC
UWMC
Q1 26
$192.2M
Q4 25
$167.6M
$503.4M
Q3 25
$870.7M
Q2 25
$490.0M
Q1 25
$485.0M
Q4 24
$175.6M
$507.3M
Q3 24
$636.3M
Q2 24
$680.2M
Total Debt
OLN
OLN
UWMC
UWMC
Q1 26
$3.0B
Q4 25
$2.8B
$3.0B
Q3 25
$3.0B
$3.8B
Q2 25
$3.0B
$2.8B
Q1 25
$3.0B
$2.8B
Q4 24
$2.7B
$2.8B
Q3 24
$2.8B
$2.0B
Q2 24
$2.8B
$2.0B
Stockholders' Equity
OLN
OLN
UWMC
UWMC
Q1 26
$1.7B
Q4 25
$1.8B
$1.6B
Q3 25
$2.0B
$1.6B
Q2 25
$2.0B
$1.7B
Q1 25
$2.0B
$1.6B
Q4 24
$2.0B
$2.1B
Q3 24
$2.1B
$2.2B
Q2 24
$2.1B
$2.3B
Total Assets
OLN
OLN
UWMC
UWMC
Q1 26
$7.4B
Q4 25
$7.3B
$16.9B
Q3 25
$7.6B
$17.0B
Q2 25
$7.7B
$13.9B
Q1 25
$7.7B
$14.0B
Q4 24
$7.6B
$15.7B
Q3 24
$7.5B
$15.1B
Q2 24
$7.7B
$12.9B
Debt / Equity
OLN
OLN
UWMC
UWMC
Q1 26
1.73×
Q4 25
1.55×
1.87×
Q3 25
1.52×
2.38×
Q2 25
1.52×
1.59×
Q1 25
1.50×
1.70×
Q4 24
1.34×
1.36×
Q3 24
1.34×
0.92×
Q2 24
1.31×
0.86×

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
UWMC
UWMC
Operating Cash FlowLast quarter
$103.8M
Free Cash FlowOCF − Capex
$82.0M
FCF MarginFCF / Revenue
8.7%
Capex IntensityCapex / Revenue
2.8%
2.3%
Cash ConversionOCF / Net Profit
5.34×
TTM Free Cash FlowTrailing 4 quarters
$-2.7B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OLN
OLN
UWMC
UWMC
Q1 26
Q4 25
$321.2M
$103.8M
Q3 25
$26.7M
$-3.1B
Q2 25
$212.3M
$-265.9M
Q1 25
$-86.0M
$593.9M
Q4 24
$141.7M
$-543.3M
Q3 24
$189.9M
$-2.2B
Q2 24
$90.6M
$-1.3B
Free Cash Flow
OLN
OLN
UWMC
UWMC
Q1 26
Q4 25
$82.0M
Q3 25
$-44.4M
$-3.1B
Q2 25
$-290.1M
Q1 25
$-147.4M
$576.1M
Q4 24
$90.7M
$-551.6M
Q3 24
$146.6M
$-2.2B
Q2 24
$34.1M
$-1.3B
FCF Margin
OLN
OLN
UWMC
UWMC
Q1 26
Q4 25
8.7%
Q3 25
-2.6%
-366.4%
Q2 25
-38.2%
Q1 25
-9.0%
93.9%
Q4 24
5.4%
-98.5%
Q3 24
9.2%
-416.1%
Q2 24
2.1%
-262.1%
Capex Intensity
OLN
OLN
UWMC
UWMC
Q1 26
2.8%
Q4 25
2.3%
Q3 25
4.2%
1.2%
Q2 25
3.2%
Q1 25
3.7%
2.9%
Q4 24
3.1%
1.5%
Q3 24
2.7%
2.3%
Q2 24
3.4%
2.4%
Cash Conversion
OLN
OLN
UWMC
UWMC
Q1 26
Q4 25
5.34×
Q3 25
0.61×
Q2 25
-11.61×
Q1 25
-71.67×
Q4 24
14.03×
-60.91×
Q3 24
Q2 24
1.25×
-431.86×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OLN
OLN

Chlor Alkali Products and Vinyls$756.9M48%
Winchester$470.5M30%
Epoxy$355.6M22%

UWMC
UWMC

Segment breakdown not available.

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