ORN vs. GLDD
ORN (Orion Group Holdings, Inc.) and GLDD (Great Lakes Dredge & Dock Corporation) are both stocks. Both operate in the Engineering & Construction industry within the Industrials sector. Over the past 10 years, ORN returned 11.32%/yr vs 13.96%/yr for GLDD. At a 0.37 correlation, their price movements are largely independent.
Performance
ORN vs. GLDD - Performance Comparison
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Returns By Period
In the year-to-date period, ORN achieves a 39.94% return, which is significantly higher than GLDD's 29.57% return. Over the past 10 years, ORN has underperformed GLDD with an annualized return of 11.32%, while GLDD has yielded a comparatively higher 13.96% annualized return.
ORN
- 1D
- -1.35%
- 1M
- -4.86%
- YTD
- 39.94%
- 6M
- 38.82%
- 1Y
- 62.88%
- 3Y*
- 75.12%
- 5Y*
- 18.83%
- 10Y*
- 11.32%
GLDD
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 29.57%
- 6M
- 30.27%
- 1Y
- 46.30%
- 3Y*
- 32.55%
- 5Y*
- 2.82%
- 10Y*
- 13.96%
ORN vs. GLDD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ORN Orion Group Holdings, Inc. | 39.94% | 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% |
Correlation
The correlation between ORN and GLDD is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Dec 21, 2007 | 0.37 |
The correlation between ORN and GLDD shifts across timeframes, from 0.34 (10 years) to 0.50 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ORN:
$558.25M
GLDD:
$1.15B
ORN:
$0.22
GLDD:
$1.09
ORN:
64.37
GLDD:
15.60
ORN:
0.03
GLDD:
0.26
ORN:
0.63
GLDD:
1.29
ORN:
3.35
GLDD:
2.23
ORN:
$879.91M
GLDD:
$888.28M
ORN:
$108.48M
GLDD:
$203.49M
ORN:
$37.98M
GLDD:
$125.52M
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Return for Risk
ORN vs. GLDD — Risk / Return Rank
ORN
GLDD
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 ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.33 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.00 | 3.16 | -1.15 |
| Martin ratioReturn relative to average drawdown | 4.24 | 9.69 | -5.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ORN | GLDD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.10 | 1.48 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.07 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.18 | 0.33 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | 0.12 | -0.13 |
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.
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Drawdown Indicators
| ORN | GLDD | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 (3Y)Largest decline over 3 years | -57.62% | -39.75% | -17.87% |
Max Drawdown (5Y)Largest decline over 5 years | -63.55% | -70.30% | +6.75% |
Max Drawdown (10Y)Largest decline over 10 years | -85.38% | -70.32% | -15.06% |
Current DrawdownCurrent decline from peak | -41.85% | 0.00% | -41.85% |
Average DrawdownAverage peak-to-trough decline | -64.11% | -32.87% | -31.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.86% | 4.79% | +10.07% |
Volatility
ORN vs. GLDD - Volatility Comparison
Orion Group Holdings, Inc. (ORN) has a higher volatility of 12.81% compared to Great Lakes Dredge & Dock Corporation (GLDD) at 0.00%. 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.
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Volatility by Period
| ORN | GLDD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.81% | 0.00% | +12.81% |
Volatility (6M)Calculated over the trailing 6-month period | 38.39% | 19.04% | +19.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.58% | 31.60% | +25.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.02% | 41.24% | +20.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.87% | 42.65% | +19.22% |
Dividends
ORN vs. GLDD - Dividend Comparison
Neither ORN nor GLDD has paid dividends to shareholders.
Financials
ORN vs. GLDD - Financials Comparison
This section allows you to compare key financial metrics between Orion Group Holdings, Inc. and Great Lakes Dredge & Dock Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ORN vs. GLDD - Profitability Comparison
ORN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Orion Group Holdings, Inc. reported a gross profit of 25.88M and revenue of 216.30M. Therefore, the gross margin over that period was 12.0%.
GLDD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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 Jun 2026, Orion Group Holdings, Inc. reported an operating income of -795.00K and revenue of 216.30M, resulting in an operating margin of -0.4%.
GLDD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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 Jun 2026, Orion Group Holdings, Inc. reported a net income of 4.69M and revenue of 216.30M, resulting in a net margin of 2.2%.
GLDD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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%.
Frequently Asked Questions
ORN and GLDD have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ORN has higher volatility (12.81%) compared to GLDD (0.00%). In terms of maximum drawdown, ORN dropped -93.27% vs GLDD's -80.76%.
GLDD currently has the higher Sharpe Ratio (1.48 vs 1.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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