ORN vs. GLDD

Last updated Apr 1, 2026

Compare and contrast key facts about Orion Group Holdings, Inc. (ORN) and Great Lakes Dredge & Dock Corporation (GLDD).

Performance

ORN vs. GLDD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Orion Group Holdings, Inc. (ORN) and Great Lakes Dredge & Dock Corporation (GLDD). The values are adjusted to include any dividend payments, if applicable.

ORN vs. GLDD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ORN Orion Group Holdings, Inc.	9.66%	35.61%	48.38%	107.56%	-36.87%	-23.99%	-4.43%	20.98%	-45.21%	-21.31%
GLDD Great Lakes Dredge & Dock Corporation	29.57%	16.21%	47.01%	29.08%	-62.15%	19.36%	16.24%	71.15%	22.59%	28.57%

Fundamentals

Market Cap ORN : $434.92M GLDD : $1.15B
EPS ORN : $0.06 GLDD : $1.09
PE Ratio ORN : 173.57 GLDD : 15.60
PEG Ratio ORN : 0.08 GLDD : 0.26
PS Ratio ORN : 0.51 GLDD : 1.29
PB Ratio ORN : 2.73 GLDD : 2.23
Total Revenue (TTM) ORN : $852.26M GLDD : $888.28M
Gross Profit (TTM) ORN : $105.61M GLDD : $203.49M
EBITDA (TTM) ORN : $32.66M GLDD : $125.52M

Returns By Period

In the year-to-date period, ORN achieves a 9.66% return, which is significantly lower than GLDD's 29.57% return. Over the past 10 years, ORN has underperformed GLDD with an annualized return of 7.40%, while GLDD has yielded a comparatively higher 14.90% annualized return.

ORN

• 1D: 2.35%
• 1M: -20.61%
• YTD: 9.66%
• 6M: 31.01%
• 1Y: 108.41%
• 3Y*: 61.45%
• 5Y*: 12.16%
• 10Y*: 7.40%

GLDD

• 1D: 0.18%
• 1M: 0.29%
• YTD: 29.57%
• 6M: 41.78%
• 1Y: 95.40%
• 3Y*: 46.29%
• 5Y*: 2.53%
• 10Y*: 14.90%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ORN vs. GLDD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ORN

ORN Risk / Return Rank: 86
ORN Sharpe Ratio Rank: 90
ORN Sortino Ratio Rank: 86
ORN Omega Ratio Rank: 84
ORN Calmar Ratio Rank: 87
ORN Martin Ratio Rank: 84

GLDD

GLDD Risk / Return Rank: 95
GLDD Sharpe Ratio Rank: 95
GLDD Sortino Ratio Rank: 96
GLDD Omega Ratio Rank: 93
GLDD Calmar Ratio Rank: 96
GLDD Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ORN vs. GLDD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Orion Group Holdings, Inc. (ORN) and Great Lakes Dredge & Dock Corporation (GLDD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ORN	GLDD	Difference
Sharpe ratio Return per unit of total volatility	1.91	2.61	-0.70
Sortino ratio Return per unit of downside risk	2.50	3.73	-1.23
Omega ratio Gain probability vs. loss probability	1.32	1.45	-0.13
Calmar ratio Return relative to maximum drawdown	3.30	6.26	-2.96
Martin ratio Return relative to average drawdown	7.51	18.29	-10.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ORN vs. GLDD - Sharpe Ratio Comparison

The current ORN Sharpe Ratio is 1.91, which is comparable to the GLDD Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of ORN and GLDD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ORN	GLDD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.91	2.61	-0.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	0.06	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.12	0.35	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	-0.03	0.12	-0.15

Correlation

The correlation between ORN and GLDD is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

ORN vs. GLDD - Dividend Comparison

Neither ORN nor GLDD has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

ORN vs. GLDD - Drawdown Comparison

The maximum ORN drawdown since its inception was -93.27%, which is greater than GLDD's maximum drawdown of -80.76%. Use the drawdown chart below to compare losses from any high point for ORN and GLDD.

Drawdown Indicators

	ORN	GLDD	Difference
Max Drawdown Largest peak-to-trough decline	-93.27%	-80.76%	-12.51%
Max Drawdown (1Y) Largest decline over 1 year	-31.56%	-14.74%	-16.82%
Max Drawdown (5Y) Largest decline over 5 years	-65.34%	-70.32%	+4.98%
Max Drawdown (10Y) Largest decline over 10 years	-85.38%	-70.32%	-15.06%
Current Drawdown Current decline from peak	-54.43%	0.00%	-54.43%
Average Drawdown Average peak-to-trough decline	-64.30%	-33.17%	-31.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.86%	5.05%	+8.81%

Volatility

ORN vs. GLDD - Volatility Comparison

Orion Group Holdings, Inc. (ORN) has a higher volatility of 17.88% compared to Great Lakes Dredge & Dock Corporation (GLDD) at 0.61%. This indicates that ORN's price experiences larger fluctuations and is considered to be riskier than GLDD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ORN	GLDD	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.88%	0.61%	+17.27%
Volatility (6M) Calculated over the trailing 6-month period	42.09%	25.37%	+16.72%
Volatility (1Y) Calculated over the trailing 1-year period	56.99%	36.78%	+20.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.51%	41.75%	+19.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.03%	43.08%	+18.95%

Financials

ORN vs. GLDD - Profitability Comparison

The chart below illustrates the profitability comparison between Orion Group Holdings, Inc. and Great Lakes Dredge & Dock Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ORN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Orion Group Holdings, Inc. reported a gross profit of 27.05M and revenue of 233.22M. Therefore, the gross margin over that period was 11.6%.

GLDD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Great Lakes Dredge & Dock Corporation reported a gross profit of 53.64M and revenue of 256.45M. Therefore, the gross margin over that period was 20.9%.

ORN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Orion Group Holdings, Inc. reported an operating income of 5.03M and revenue of 233.22M, resulting in an operating margin of 2.2%.

GLDD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Great Lakes Dredge & Dock Corporation reported an operating income of 30.34M and revenue of 256.45M, resulting in an operating margin of 11.8%.

ORN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Orion Group Holdings, Inc. reported a net income of -240.00K and revenue of 233.22M, resulting in a net margin of -0.1%.

GLDD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Great Lakes Dredge & Dock Corporation reported a net income of 12.63M and revenue of 256.45M, resulting in a net margin of 4.9%.