Orion Office Reit Inc
Orion Office REIT specializes in the ownership, acquisition and management of a diversified portfolio of mission-critical and corporate headquarters office buildings in high-quality suburban markets across the U.S. The portfolio is leased primarily on a single-tenant net lease basis to creditworthy tenants. The company's team of experienced industry leaders employs a proven, cycle-tested investme… Read more
Orion Office Reit Inc (ONL) - Net Assets
Latest net assets as of September 2025: $660.12 Million USD
Based on the latest financial reports, Orion Office Reit Inc (ONL) has net assets worth $660.12 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.22 Billion) and total liabilities ($562.68 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $660.12 Million |
| % of Total Assets | 53.98% |
| Annual Growth Rate | 8.54% |
| 5-Year Change | 53.94% |
| 10-Year Change | N/A |
| Growth Volatility | 51.24 |
Orion Office Reit Inc - Net Assets Trend (2019–2024)
This chart illustrates how Orion Office Reit Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Orion Office Reit Inc (2019–2024)
The table below shows the annual net assets of Orion Office Reit Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $765.26 Million | -13.73% |
| 2023-12-31 | $887.00 Million | -9.11% |
| 2022-12-31 | $975.86 Million | -10.33% |
| 2021-12-31 | $1.09 Billion | +118.92% |
| 2020-12-31 | $497.12 Million | -2.14% |
| 2019-12-31 | $508.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Orion Office Reit Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 38434800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $56.00K | 0.01% |
| Other Comprehensive Income | $-15.00K | 0.00% |
| Other Components | $1.15 Billion | 150.31% |
| Total Equity | $763.92 Million | 100.00% |
Orion Office Reit Inc Competitors by Market Cap
The table below lists competitors of Orion Office Reit Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ACG
F:ACG
|
$115.98 Million |
|
KULR Technology Group Inc
NYSE MKT:KULR
|
$115.98 Million |
|
Jiangsu Zhongshe Group Co Ltd
SHE:002883
|
$115.98 Million |
|
Marathon Nextgen Realty Limited
NSE:MARATHON
|
$115.99 Million |
|
The New India Assurance Company Limited
NSE:NIACL
|
$115.92 Million |
|
Tianjin Meiteng Technology Co. Ltd. A
SHG:688420
|
$115.90 Million |
|
Proeduca Altus S.A.
MC:PRO
|
$115.85 Million |
|
TREVI-FIN. INDUSTR.
F:TV92
|
$115.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Orion Office Reit Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 885,623,000 to 763,916,000, a change of -121,707,000 (-13.7%).
- Net loss of 103,012,000 reduced equity.
- Dividend payments of 22,355,000 reduced retained earnings.
- Share repurchases of 170,000 reduced equity.
- Other comprehensive income increased equity by 249,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-103.01 Million | -13.48% |
| Dividends Paid | $22.36 Million | -2.93% |
| Share Repurchases | $170.00K | -0.02% |
| Other Comprehensive Income | $249.00K | +0.03% |
| Other Changes | $3.58 Million | +0.47% |
| Total Change | $- | -13.74% |
Book Value vs Market Value Analysis
This analysis compares Orion Office Reit Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.17x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $9.38 | $2.34 | x |
| 2020-12-31 | $9.18 | $2.34 | x |
| 2021-12-31 | $19.19 | $2.34 | x |
| 2022-12-31 | $17.21 | $2.34 | x |
| 2023-12-31 | $15.70 | $2.34 | x |
| 2024-12-31 | $13.67 | $2.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Orion Office Reit Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -13.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -62.48%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.75x
- Recent ROE (-13.48%) is below the historical average (-5.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 3.01% | 28.59% | 0.09x | 1.17x | $-35.52 Million |
| 2020 | -0.38% | -3.55% | 0.10x | 1.10x | $-51.61 Million |
| 2021 | -4.37% | -59.55% | 0.05x | 1.62x | $-156.17 Million |
| 2022 | -10.00% | -46.85% | 0.13x | 1.61x | $-194.94 Million |
| 2023 | -6.47% | -29.38% | 0.14x | 1.61x | $-145.86 Million |
| 2024 | -13.48% | -62.48% | 0.12x | 1.75x | $-179.40 Million |
Industry Comparison
This section compares Orion Office Reit Inc's net assets metrics with peer companies in the REIT - Office industry.
Industry Context
- Industry: REIT - Office
- Average net assets among peers: $1,287,555,700
- Average return on equity (ROE) among peers: 2.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Orion Office Reit Inc (ONL) | $660.12 Million | 3.01% | 0.85x | $115.93 Million |
| Allied Properties Real Estate Investment Trust (APYRF) | $215.70 Million | 3.58% | 1.33x | $973.59 Million |
| Alexandria Real Estate Equities Inc (ARE) | $1.58 Billion | 5.93% | 1.94x | $7.61 Billion |
| Brandywine Realty Trust (BDN) | $1.69 Billion | 2.03% | 1.41x | $496.31 Million |
| BTB Real Estate Investment Trust (BTBIF) | $248.95 Million | 11.32% | 2.06x | $199.14 Million |
| Boston Properties Inc (BXP) | $3.00 Billion | 14.79% | 1.81x | $7.87 Billion |
| COPT Defense Properties (CDP) | $1.68 Billion | 4.55% | 1.53x | $3.58 Billion |
| City Office (CIO) | $772.63 Million | -0.35% | 0.96x | $2.76 Million |
| CLS Holdings plc (CLIHF) | $929.20 Million | -26.88% | 1.33x | $263.93 Million |
| Creative Media & Community Trust Corporation (CMCT) | $42.90 Million | 0.00% | 0.01x | $114.98K |
| Cromwell Property Group (CMWCF) | $2.71 Billion | 9.71% | 0.86x | $445.64 Million |