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Companies/Orion Properties Inc.
Company profile

Orion Properties Inc.

NYSE: ONL · Real Estate · REIT - Office
PublicHQ Phoenix, AZ · MaricopaCIK 0001873923Reports USD
#123 of 255 Real Estate companies by revenuebottom-quartile growth
EA Score
29D
FH 31DQ 29GM 21SS 28
v0.1 · 65/100 weight · provisional
↑ balance-sheet leverage, Piotroski F · ↓ listing tenure, net margin
Methodology →
Revenue TTM
$145.9M
Rev growth YoY (TTM)
-6.2%
Net income (FY)
-$139.3M
Employees
40
Market cap
$160.8M
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$147.6M$147.6M2025
Net income-$139.3M-$139.3M2025
Total assets$1.2B$1.2B2025
Liabilities$546.0M$546.0M2025
Equity$623.2M$623.2M2025

Revenue trend

FY2021 – FY2025 · USD
$53.5M
FY21
$53.5M
FY21
$79.7M
FY21
$208.1M
FY22
$195.0M
FY23
$164.9M
FY24
$147.6M
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Rental Revenue99%
Fees From Unconsolidated Joint Venture1%
By geography

Not disclosed.

The read

Orion Properties Inc. booked $147.6M in FY2025 revenue, contracting 10% year over year — slower than 79% of Real Estate companies we track, at a -94.4% net margin.

Peers · Real Estate
Comstock Holding Companies, Inc.57CDiamond Lake Minerals, Inc.——Braemar Hotels & Resorts Inc.35DNet Lease Office Properties26D
Neighbors
Maricopa →
Southern Copper Corporation$13.4B89AFreeport-McMoRan Inc.$25.2B78B+Carvana Co.$20.3B70BHoneywell Aerospace Inc. Common Stock When Issued$17.4B——Republic Services, Inc.$16.6B81B+Axon Enterprise, Inc.$2.8B63C
Key facts
CEOPaul H. McDowell
SectorReal Estate
IndustryREIT - Office
HeadquartersPhoenix, AZ
ExchangeNYSE: ONL
Employees40
IPO date2021-11-23
Latest filings
8-K2026-05-138-K2026-05-0710-Q2026-05-07DEF 14A2026-03-2010-K2026-03-058-K2026-03-058-K2026-02-198-K2026-01-26
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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