Owens Corning Financials

OC Stock  USD 147.37  2.49  1.72%   
Owens Corning is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in April. At present, Owens Corning's Cash is projected to increase significantly based on the last few years of reporting. The current year's Cash And Short Term Investments is expected to grow to about 406.6 M, whereas Total Assets are forecasted to decline to about 7.3 B. Key indicators impacting Owens Corning's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income1.2 B1.1 B
Sufficiently Up
Slightly volatile
Current Ratio1.191.4706
Significantly Down
Pretty Stable
The essential information of the day-to-day investment outlook for Owens Corning includes many different criteria found on its balance sheet. An individual investor should monitor Owens Corning's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Owens Corning.

Cash And Equivalents

1.33 Billion

  

Owens Corning Earnings Geography

Please note, the presentation of Owens Corning's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Owens Corning's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Owens Corning's management manipulating its earnings.

Owens Corning Stock Summary

Owens Corning competes with Trane Technologies, Masco, Quanex Building, Jeld Wen, and Azek. Owens Corning manufactures and markets insulation, roofing, and fiberglass composite materials in the United States, Canada, Europe, the Asia Pacific, and internationally. Owens Corning was incorporated in 1938 and is headquartered in Toledo, Ohio. Owens Corning operates under Building Products Equipment classification in the United States and is traded on New York Stock Exchange. It employs 20000 people.
Specialization
Industrials, Building Products & Equipment
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS6907421019
CUSIP690742101
LocationOhio; U.S.A
Business AddressOne Owens Corning
SectorBuilding Products
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.owenscorning.com
Phone419 248 8000
CurrencyUSD - US Dollar

Owens Corning Key Financial Ratios

Owens Corning Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets9.5B10.0B10.8B11.2B14.1B7.3B
Other Current Liab430M409M571M524M640M488.7M
Net Debt2.5B2.2B2.1B1.7B139M132.1M
Retained Earnings1.8B2.7B3.8B4.8B(691M)(725.6M)
Cash717M959M1.1B1.6B361M406.6M
Net Receivables919M939M961M987M1.2B648.9M
Inventory855M1.1B1.3B1.2B1.6B1.7B
Other Current Assets115M121M162M117M186M113.7M
Total Liab5.5B5.7B6.1B6.0B9.0B6.1B
Total Current Assets2.6B3.1B3.6B3.9B3.4B1.9B
Short Term Debt74M123M80M493M125M108.2M
Accounts Payable875M1.1B1.3B1.2B1.4B748.0M
Intangible Assets1.7B1.6B1.6B1.5B2.7B2.8B
Good Will989M990M1.4B1.4B2.8B3.0B
Other Liab882M875M914M883M794.7M755.0M
Other Assets162M410M280M124M111.6M106.0M
Long Term Debt3.1B3.0B2.9B2.6B5.1B5.4B
Treasury Stock(1.1B)(1.4B)(1.9B)(2.7B)(2.4B)(2.3B)
Net Tangible Assets3.0B2.3B2.8B3.0B3.4B2.0B

Owens Corning Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense132M126M109M76M212M222.6M
Total Revenue7.1B8.5B9.8B9.7B11.0B5.7B
Gross Profit1.6B2.2B2.6B2.7B3.3B3.4B
Operating Income820M1.4B1.7B1.8B1.1B1.2B
Ebit(116M)1.4B1.7B1.7B1.9B2.0B
Ebitda341M1.9B2.2B2.2B1.1B1.2B
Cost Of Revenue5.4B6.3B7.1B7.0B7.7B4.4B
Income Before Tax(256M)1.3B1.6B1.6B916M961.8M
Net Income(385M)995M1.2B1.2B647M679.4M
Income Tax Expense129M319M373M401M275M288.8M
Tax Provision129M319M373M394M275M265.0M
Interest Income131M132M126M109M125.4M127.9M
Net Interest Income(132M)(126M)(109M)(89M)(212M)(201.4M)

Owens Corning Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory189M(227M)(287M)148M(43M)(40.9M)
Change In Cash545M242M141M516M(1.3B)(1.2B)
Free Cash Flow828M1.1B1.3B1.2B1.9B2.0B
Depreciation493M502M531M609M677M710.9M
Other Non Cash Items806M(70M)(81M)(163M)520M262.4M
Capital Expenditures307M416M446M526M647M341.5M
Net Income(385M)995M1.2B1.2B647M679.4M
End Period Cash Flow724M966M1.1B1.6B369M412.9M
Dividends Paid104M108M136M188M208M218.4M
Net Borrowings(35M)278M(189M)(5M)(5.8M)(5.5M)
Change To Netincome161M1.1B112M92M105.8M136.0M
Change Receivables19M(109M)(28M)(14M)(16.1M)(16.9M)
Investments50M(4M)44M(269M)(3.4B)(3.2B)

Owens Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Owens Corning's current stock value. Our valuation model uses many indicators to compare Owens Corning value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Owens Corning competition to find correlations between indicators driving Owens Corning's intrinsic value. More Info.
Owens Corning is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.75  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Owens Corning is roughly  1.34 . At present, Owens Corning's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Owens Corning's earnings, one of the primary drivers of an investment's value.

Owens Corning's Earnings Breakdown by Geography

Owens Corning Systematic Risk

Owens Corning's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Owens Corning volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Owens Corning correlated with the market. If Beta is less than 0 Owens Corning generally moves in the opposite direction as compared to the market. If Owens Corning Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Owens Corning is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Owens Corning is generally in the same direction as the market. If Beta > 1 Owens Corning moves generally in the same direction as, but more than the movement of the benchmark.

Owens Corning Thematic Clasifications

Owens Corning is part of several thematic ideas from SRI Sustainable Growth to Construction Materials. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Owens Corning Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Owens Corning's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Owens Corning growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.5)

At present, Owens Corning's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Owens Corning March 19, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Owens Corning help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Owens Corning. We use our internally-developed statistical techniques to arrive at the intrinsic value of Owens Corning based on widely used predictive technical indicators. In general, we focus on analyzing Owens Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Owens Corning's daily price indicators and compare them against related drivers.

Complementary Tools for Owens Stock analysis

When running Owens Corning's price analysis, check to measure Owens Corning's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Owens Corning is operating at the current time. Most of Owens Corning's value examination focuses on studying past and present price action to predict the probability of Owens Corning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owens Corning's price. Additionally, you may evaluate how the addition of Owens Corning to your portfolios can decrease your overall portfolio volatility.
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