Owens Corning(OC) Stock Research - Grey Stern Research
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Owens Corning (OC) Stock Analysis

$167.77 (1.31%)

OC Financial Performance


Use the table below to view Owens Corning's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $161.71 -
52 Week Low $109.95 -
52 Week High $191.13 -
Market Cap $14.1 Billion 7/15
Gross Margin 31% 11/15
Profit Margin 10% 10/15
EBITDA margin 16% 10/15
Q2 - 2024 Revenue $2.8 Billion 4/15
Q2 - 2024 Earnings $285.0 Million 5/15
Q2 - 2024 Free Cash Flow $0 Million 13/15
Trailing 4 Quarters Revenue $9.9 Billion 4/15
Trailing 4 Quarters Earnings $1.1 Billion 5/15
Quarterly Earnings Growth -17% 13/15
Annual Earnings Growth -29% 14/15
Quarterly Revenue Growth 9% 5/15
Annual Revenue Growth 3% 8/15
Cash On Hand $254.0 Million 6/15
Short Term Debt $677.0 Million 3/15
Long Term Debt $5.4 Billion 2/15

Owens Corning Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Owens Corning's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 13.37 12/15
PS 1.42 11/15
PB 2.54 12/15
PC 55.36 6/15
Liabilities to Equity 1.73 4/15
ROA 0.07 12/15
ROE 0.19 9/15
Current Ratio 1.58 10/15
Quick Ratio 0.03 11/15
Long Term Debt to Equity 0.99 3/15
Debt to Equity 1.11 3/15
Burn Rate 2.53 3/15
Cash to Cap 0.02 7/15
CCR 0.00 12/15
EV to EBITDA 43.52 9/15
EV to Revenue 2.01 10/15

Company Details

Owens Corning manufactures and markets insulation, roofing, and fiberglass composite materials in the United States, Canada, Europe, the Asia Pacific, and internationally. It operates in three segments: Composites, Insulation, and Roofing. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber; and glass fiber products in the form of fabrics, non-wovens, and other specialized products. Its products are used in building structures, roofing shingles, tubs and showers, pools, flooring, pipes and tanks, poles, electrical equipment, and wind-energy turbine blades applications in the building and construction, renewable energy, and infrastructure markets. This segment sells its products directly to parts molders, fabricators, and shingle manufacturers. The Insulation segment manufactures and sells insulation products for residential, commercial, industrial, and other markets for thermal and acoustical applications; and glass fiber pipe insulation, flexible duct media, bonded and granulated mineral fiber insulation, cellular glass insulation, and foam insulation products used in construction applications. This segment sells its products primarily to the insulation installers, home centers, lumberyards, retailers, and distributors under the Thermafiber, FOAMULAR, FOAMGLAS, Paroc, Owens Corning PINK, and FIBERGLAS Insulation brand names. The Roofing segment manufactures and sells aminate and strip asphalt roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction, and specialty applications, as well as synthetic packaging materials. This segment sells its products through distributors, home centers, lumberyards, retailers, and contractors, as well as to roofing contractors for built-up roofing asphalt systems; and manufacturers in automotive, chemical, rubber, and construction industries. Owens Corning was incorporated in 1938 and is headquartered in Toledo, Ohio.

CEO: Mr. Brian Chambers

Website: https://www.owenscorning.com

Address: 1 Owens Corning Pkwy Toledo, OHIO

Exchange: New York Stock Exchange

Industry: Building Products & Equipment

Owens Corning Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Owens Corning. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Johnson Controls International plc JCI $48.4 Billion
Masco Corporation MAS $17.7 Billion
Armstrong World Industries, Inc. AWI $5.5 Billion
JELD-WEN Holding, Inc. JELD $1.2 Billion
Carlisle Companies Incorporated CSL $19.3 Billion
Builders FirstSource, Inc. BLDR $21.9 Billion
Advanced Drainage Systems, Inc. WMS $11.5 Billion
Lennox International Inc. LII $21.5 Billion
Gibraltar Industries, Inc. ROCK $2.1 Billion
Trex Company, Inc. TREX $7.2 Billion
Apogee Enterprises, Inc. APOG $1.5 Billion
Quanex Building Products Corporation NX $1.3 Billion
Trane Technologies plc TT $83.2 Billion
The AZEK Company Inc. AZEK $6.4 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
OC Income Statements
Quarter Year Revenue Earnings
Q2 2024 $ 2.8 Billion $285.0 Million
Q1 2024 $ 2.3 Billion $299.0 Million
Q4 2023 $ 2.3 Billion $131.0 Million
Q3 2023 $ 2.5 Billion $337.0 Million
Q2 2023 $ 2.6 Billion $343.0 Million
Q1 2023 $ 2.3 Billion $383.0 Million
Q4 2022 $ 2.3 Billion $124.0 Million
Q3 2022 $ 2.5 Billion $470.0 Million

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OC Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2024 $254.0 Million $15.0 Billion $6.1 Billion $5.5 Billion
Q1 2024 $1.3 Billion $11.3 Billion $3.3 Billion $5.3 Billion
Q4 2023 $1.6 Billion $11.2 Billion $3.3 Billion $5.2 Billion
Q3 2023 $1.3 Billion $11.1 Billion $3.2 Billion $5.1 Billion
Q2 2023 $968.0 Million $11.0 Billion $3.2 Billion $5.0 Billion
Q1 2023 $757.0 Million $10.8 Billion $3.2 Billion $4.8 Billion
Q4 2022 $1.1 Billion $10.8 Billion $3.2 Billion $4.6 Billion
Q3 2022 $751.0 Million $10.7 Billion $3.2 Billion $4.7 Billion

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OC Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 $0 $0 $0
Q1 2024 -$128.0 Million -$152.0 Million -$361.0 Million
Q4 2023 $562.0 Million -$136.0 Million $291.0 Million
Q3 2023 $581.0 Million -$110.0 Million $355.0 Million
Q2 2023 $43.0 Million $0 $43.0 Million
Q1 2023 -$322.0 Million -$158.0 Million -$342.0 Million
Q4 2022 $535.0 Million -$140.0 Million $349.0 Million
Q3 2022 $367.0 Million -$94.0 Million -$59.0 Million

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