Owens Financial Statements From 2010 to 2022

OC
 Stock
  

USD 89.65  1.80  1.97%   

Owens Corning financial statements provide useful quarterly and yearly information to potential Owens Corning investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Owens Corning financial statements helps investors assess Owens Corning's valuation, profitability, and current liquidity needs.
We have found one hundred thirteen available trending fundamental ratios for Owens Corning, which can be analyzed and compared to other ratios and to its competitors. Make sure you check out all of Owens Corning recent market performance against the performance between 2010 and 2022 to make sure the company can sustain itself down the road.
Owens Corning Net Income Per Employee is projected to increase significantly based on the last few years of reporting. The past year's Net Income Per Employee was at 49,750. The current year Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 2 B, whereas Revenue Per Employee is forecasted to decline to about 377.1 K.
  
Check Owens Corning financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Owens main balance sheet or income statement drivers, such as Direct Expenses of 5.3 B, Consolidated Income of 344 M or Cost of Revenue of 6 B, as well as many exotic indicators such as Interest Coverage of 11.08, Long Term Debt to Equity of 0.61 or Calculated Tax Rate of 23.59. Owens financial statements analysis is a perfect complement when working with Owens Corning Valuation or Volatility modules. It can also supplement Owens Corning's financial leverage analysis and stock options assessment as well as various Owens Corning Technical models . Please check the analysis of Owens Corning Correlation against competitors.

Owens Corning Revenues

7.04 Billion

Owens Corning Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets8.8 B10 B8.4 B
Increasing
Slightly volatile
Cash and EquivalentsB959 M284.4 M
Increasing
Slightly volatile
Property Plant and Equipment Net4.3 B4.7 B3.4 B
Increasing
Slightly volatile
Inventory1.1 B1.2 B880.4 M
Increasing
Slightly volatile
Tax Assets42.5 M41.4 M290.8 M
Decreasing
Slightly volatile
Trade and Non Trade Receivables863.8 M885.5 M722.3 M
Increasing
Slightly volatile
Trade and Non Trade Payables1.1 B1.1 B967.7 M
Increasing
Slightly volatile
Goodwill and Intangible Assets3.7 B4.2 B2.9 B
Increasing
Slightly volatile
Total Liabilities4.9 B5.7 B4.5 B
Increasing
Slightly volatile
Shareholders Equity3.9 B4.3 B3.9 B
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit2.9 B2.7 B1.4 B
Increasing
Slightly volatile
Current Assets3.3 B3.1 BB
Increasing
Slightly volatile
Assets Non Current8.5 B9.1 B6.8 B
Increasing
Slightly volatile
Current Liabilities1.4 B1.7 B1.2 B
Increasing
Slightly volatile
Liabilities Non Current4.2 B4.6 B3.4 B
Increasing
Slightly volatile
Tax Liabilities337.5 M312.8 M125 M
Increasing
Slightly volatile
Total Debt3.2 B3.6 B2.5 B
Increasing
Slightly volatile
Debt Current3.5 M3.5 M21.2 M
Decreasing
Stable
Debt Non Current3.2 B3.6 B2.5 B
Increasing
Slightly volatile
Shareholders Equity USD5.1 B5.3 B4.2 B
Increasing
Slightly volatile
Cash and Equivalents USD161.2 M197.8 M116.8 M
Increasing
Slightly volatile
Total Debt USD3.2 B3.6 B2.5 B
Increasing
Slightly volatile
Accounts Payable1.5 B1.3 B796.6 M
Increasing
Slightly volatile
Receivables800.5 M939 M733 M
Increasing
Slightly volatile
Inventories920.4 M1.1 B844.7 M
Increasing
Slightly volatile

Owens Corning Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
RevenuesB8.5 B6.2 B
Increasing
Slightly volatile
Cost of RevenueB6.4 B4.9 B
Increasing
Slightly volatile
Selling General and Administrative Expense752.1 M802.7 M611.3 M
Increasing
Slightly volatile
Research and Development Expense99 M100 M83.6 M
Increasing
Slightly volatile
Operating Expenses893.2 M945.3 M730.4 M
Increasing
Slightly volatile
Interest Expense144.2 M150.7 M119 M
Increasing
Slightly volatile
Income Tax Expense230.8 M213.9 M63.7 M
Increasing
Slightly volatile
Consolidated Income344 M364.5 M363.6 M
Decreasing
Very volatile
Net Income to Non Controlling Interests2.4 M1.8 MM
Decreasing
Slightly volatile
Net Income1.1 B995 M405.2 M
Increasing
Stable
Net Income Common Stock342.7 M364.5 M361.1 M
Decreasing
Very volatile
Weighted Average Shares121 M103.5 M115.3 M
Decreasing
Slightly volatile
Weighted Average Shares Diluted121.9 M104.3 M116.2 M
Decreasing
Slightly volatile
Earning Before Interest and Taxes EBIT720.7 M830.3 M551.8 M
Increasing
Slightly volatile
Revenues USD7.7 B8.2 B6.2 B
Increasing
Slightly volatile
Net Income Common Stock USD342.7 M364.5 M361.1 M
Decreasing
Very volatile
Earning Before Interest and Taxes USD720.7 M830.3 M551.8 M
Increasing
Slightly volatile
Gross Profit1.7 B1.9 B1.3 B
Increasing
Slightly volatile
Operating Income1.6 B1.4 B617 M
Increasing
Slightly volatile
Direct Expenses5.3 B6.3 B4.8 B
Increasing
Slightly volatile

Owens Corning Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals21.4 M19.8 M(147.8 M)
Decreasing
Stable
Net Cash Flow from Financing(904.2 M)(881 M)(260.6 M)
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities (485.1 M)(472.6 M)(62.4 M)
Decreasing
Stable
Net Cash Flow from Operations1.6 B1.5 B828.2 M
Increasing
Slightly volatile
Effect of Exchange Rate Changes on Cash 29.8 M27.6 M3.3 M
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents116.6 M108.1 M(4.9 M)
Increasing
Slightly volatile
Share Based Compensation42.5 M44.9 M34.8 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion480.8 M525.5 M383.9 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share10.379.613.6245
Increasing
Stable
Earnings per Diluted Share10.299.543.5911
Increasing
Stable
Earnings per Basic Share USD4.034.273.2828
Increasing
Stable
Dividends per Basic Common Share0.951.010.7525
Increasing
Slightly volatile
Return on Average Equity26.1924.277210.5678
Increasing
Very volatile
Return on Average Assets11.0110.20724.8188
Increasing
Very volatile
Return on Invested Capital0.09210.09780.0751
Increasing
Slightly volatile
Gross Margin22.726.088521.4047
Increasing
Slightly volatile
Profit Margin9.4811.70866.0288
Decreasing
Stable
EBITDA Margin17.3721.981614.0578
Increasing
Slightly volatile
Return on Sales0.110.120.0889
Increasing
Slightly volatile
Asset Turnover0.770.87180.7382
Increasing
Slightly volatile
Payout Ratio0.210.210.2659
Decreasing
Slightly volatile
Enterprise Value over EBITDA8.257.929.3758
Decreasing
Slightly volatile
Enterprise Value over EBIT16.7412.621.7951
Decreasing
Slightly volatile
Price to Earnings Ratio21.7820.19(1.4536)
Increasing
Slightly volatile
Sales per Share65.8582.106354.681
Increasing
Slightly volatile
Price to Sales Ratio1.141.140.972
Increasing
Slightly volatile
Price to Book Value1.721.761.442
Increasing
Slightly volatile
Debt to Equity Ratio0.620.6890.6009
Increasing
Slightly volatile
Dividend Yield0.01240.01260.0149
Decreasing
Slightly volatile
Current Ratio1.671.8251.6739
Increasing
Very volatile
Free Cash Flow per Share11.3310.50244.0478
Increasing
Slightly volatile
Book Value per Share45.1548.7736.3698
Increasing
Slightly volatile
Tangible Assets Book Value per Share62.6766.950.9321
Increasing
Slightly volatile
Total Assets Per Share83.8499.75175.1651
Increasing
Slightly volatile
Cash Flow Per Share16.1514.97017.6157
Increasing
Slightly volatile
Return on Investment21.7220.13589.5192
Increasing
Slightly volatile
Operating Margin18.2616.92169.2367
Increasing
Slightly volatile
Calculated Tax Rate23.5921.87(44.0111)
Increasing
Slightly volatile
Receivables Turnover8.429.14758.5594
Increasing
Very volatile
Inventory Turnover6.826.49875.9389
Increasing
Stable
PPandE Turnover1.952.21241.8886
Increasing
Slightly volatile
Cash and Equivalents Turnover10.4110.140852.9109
Decreasing
Slightly volatile
Accounts Payable Turnover9.117.65248.7936
Decreasing
Slightly volatile
Accrued Expenses Turnover26.9534.060121.8479
Increasing
Slightly volatile
Interest Coverage11.0810.276.0633
Increasing
Slightly volatile
Long Term Debt to Equity0.610.6890.5951
Increasing
Slightly volatile
Quick Ratio0.921.11390.8016
Increasing
Slightly volatile
Net Current Assets as percentage of Total Assets11.2413.9799.3654
Increasing
Slightly volatile
Revenue to Assets0.750.84850.7278
Increasing
Slightly volatile

Owens Corning Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax576.6 M679.6 M432.9 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDAB1.9 B950.7 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD1.2 B1.4 B935.7 M
Increasing
Slightly volatile
Market Capitalization7.4 B8.1 B5.9 B
Increasing
Slightly volatile
Enterprise Value10.8 B11.9 B8.5 B
Increasing
Slightly volatile
Invested Capital8.6 B9.2 B7.1 B
Increasing
Slightly volatile
Average Equity4.9 B5.1 B4.1 B
Increasing
Slightly volatile
Average Assets10.9 B11.6 B8.8 B
Increasing
Slightly volatile
Invested Capital Average9.1 B9.8 B7.4 B
Increasing
Slightly volatile
Tangible Asset ValueB7.3 B5.8 B
Increasing
Slightly volatile
Free Cash Flow732.1 M678.5 M359.8 M
Increasing
Slightly volatile
Working Capital837.1 M841.8 M709.1 M
Increasing
Slightly volatile
Revenue Per Employee377.1 K424.9 K365.4 K
Increasing
Slightly volatile
Net Income Per Employee53.7 K49.8 K23.4 K
Increasing
Very volatile

Owens Fundamental Market Drivers

Forward Price Earnings8.11
Short Percent Of Float3.92%
Average Daily Volume Last 10 Day833.6k
Shares Short Prior Month3.68M
Average Daily Volume In Three Month1.01M
Date Short Interest15th of July 2022
Fifty Day Average84.04
Two Hundred Day Average89.47

Owens Upcoming Events

Upcoming Quarterly Report16th of February 2022
Next Financial Report27th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End16th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Owens Corning Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Owens Corning income statement, its balance sheet, and the statement of cash flows. Owens Corning investors use historical funamental indicators, such as Owens Corning's revenue or net income, to determine how well the company is positioned to perform in the future. Although Owens Corning investors may use each financial statement separately, they are all related. The changes in Owens Corning's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Owens Corning's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Owens Corning Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Owens Corning. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Cost of Revenue6.4 BB
Revenues8.5 BB
Revenue to Assets 0.85  0.75 
Revenue Per Employee424.9 K377.1 K

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Please check the analysis of Owens Corning Correlation against competitors. Note that the Owens Corning information on this page should be used as a complementary analysis to other Owens Corning's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Owens Corning's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Owens Corning. If investors know Owens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Owens Corning listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.24
Market Capitalization
8.8 B
Quarterly Revenue Growth YOY
0.16
Return On Assets
0.0991
Return On Equity
0.26
The market value of Owens Corning is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Corning's value that differs from its market value or its book value, called intrinsic value, which is Owens Corning's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Owens Corning's market value can be influenced by many factors that don't directly affect Owens Corning's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Owens Corning's value and its price as these two are different measures arrived at by different means. Investors typically determine Owens Corning value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Corning's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.