Owens Corning Past Earnings Performance
Past criteria checks 3/6
Owens Corning has been growing earnings at an average annual rate of 32.8%, while the Building industry saw earnings growing at 12.2% annually. Revenues have been growing at an average rate of 8.7% per year. Owens Corning's return on equity is 22.9%, and it has net margins of 12.4%.
Key information
32.8%
Earnings growth rate
36.1%
EPS growth rate
| Building Industry Growth | 13.3% |
| Revenue growth rate | 8.7% |
| Return on equity | 22.9% |
| Net Margin | 12.4% |
| Next Earnings Update | 24 Apr 2024 |
Recent past performance updates
Recent updates
Investors Don't See Light At End Of Owens Corning's (NYSE:OC) Tunnel
Apr 08
An Intrinsic Calculation For Owens Corning (NYSE:OC) Suggests It's 30% Undervalued
Mar 22Why Owens Corning (NYSE:OC) Could Be Worth Watching
Feb 16Owens Corning: A Legacy Building Materials Company Turned Into A Pretty Play
Feb 03Owens Corning (NYSE:OC) Seems To Use Debt Quite Sensibly
Jan 30Little Excitement Around Owens Corning's (NYSE:OC) Earnings
Jan 04Owens Corning (NYSE:OC) Is Paying Out A Larger Dividend Than Last Year
Dec 12We Like These Underlying Return On Capital Trends At Owens Corning (NYSE:OC)
Nov 20Owens Corning: Recent Weakness And Pricing Necessitate A Downgrade
Nov 19Owens Corning (NYSE:OC) Has A Pretty Healthy Balance Sheet
Oct 20Why Owens Corning (NYSE:OC) Could Be Worth Watching
Sep 24Is There An Opportunity With Owens Corning's (NYSE:OC) 42% Undervaluation?
Sep 10Owens Corning: Good News Priced In
Sep 05With EPS Growth And More, Owens Corning (NYSE:OC) Makes An Interesting Case
Aug 16Is Owens Corning (NYSE:OC) A Risky Investment?
Jul 18Investors Will Want Owens Corning's (NYSE:OC) Growth In ROCE To Persist
Jul 05Owens Corning: A Company With Steady Growth And Future Potential
Jun 29Is Now An Opportune Moment To Examine Owens Corning (NYSE:OC)?
Jun 21Owens Corning (NYSE:OC) Shares Could Be 41% Below Their Intrinsic Value Estimate
Jun 08Is Now The Time To Put Owens Corning (NYSE:OC) On Your Watchlist?
May 12Owens Corning (NYSE:OC) Has A Pretty Healthy Balance Sheet
Apr 15The Trend Of High Returns At Owens Corning (NYSE:OC) Has Us Very Interested
Apr 03Is Owens Corning (NYSE:OC) Potentially Undervalued?
Mar 21Are Investors Undervaluing Owens Corning (NYSE:OC) By 37%?
Mar 09Owens Corning Q4 2022 Earnings Preview
Feb 14Should You Be Adding Owens Corning (NYSE:OC) To Your Watchlist Today?
Feb 08Owens Corning declares $0.52 dividend
Feb 02Owens Corning: Undervalued With Big Long-Term Potential
Jan 25Owens Corning (NYSE:OC) Is Investing Its Capital With Increasing Efficiency
Jan 02Owens Corning (NYSE:OC) Has Announced That It Will Be Increasing Its Dividend To $0.52
Dec 21Is Owens Corning (NYSE:OC) A Risky Investment?
Dec 19Owens Corning (NYSE:OC) Is Paying Out A Larger Dividend Than Last Year
Dec 05Owens Corning (NYSE:OC) Shares Could Be 46% Below Their Intrinsic Value Estimate
Nov 29Owens Corning Affected By Reversions In Inventory Management
Nov 16Owens Corning's (NYSE:OC) Promising Earnings May Rest On Soft Foundations
Nov 03Owens Corning Q3 2022 Earnings Preview
Oct 25Is There Now An Opportunity In Owens Corning (NYSE:OC)?
Oct 24Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow Owens Corning makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 9,677 | 1,196 | 973 | 123 |
| 30 Sep 23 | 9,658 | 1,189 | 823 | 118 |
| 30 Jun 23 | 9,708 | 1,322 | 822 | 115 |
| 31 Mar 23 | 9,746 | 1,320 | 808 | 111 |
| 31 Dec 22 | 9,761 | 1,241 | 787 | 106 |
| 30 Sep 22 | 9,607 | 1,344 | 779 | 101 |
| 30 Jun 22 | 9,291 | 1,134 | 766 | 96 |
| 31 Mar 22 | 8,929 | 1,089 | 753 | 94 |
| 31 Dec 21 | 8,498 | 995 | 745 | 91 |
| 30 Sep 21 | 8,292 | 1,000 | 703 | 86 |
| 30 Jun 21 | 7,983 | 946 | 681 | 85 |
| 31 Mar 21 | 7,369 | 744 | 648 | 81 |
| 31 Dec 20 | 7,055 | -383 | 650 | 82 |
| 30 Sep 20 | 6,822 | -542 | 699 | 81 |
| 30 Jun 20 | 6,801 | -598 | 696 | 82 |
| 31 Mar 20 | 7,094 | -556 | 728 | 86 |
| 31 Dec 19 | 7,160 | 405 | 732 | 87 |
| 30 Sep 19 | 7,192 | 503 | 686 | 88 |
| 30 Jun 19 | 7,127 | 514 | 673 | 88 |
| 31 Mar 19 | 7,033 | 497 | 684 | 88 |
| 31 Dec 18 | 7,057 | 545 | 680 | 89 |
| 30 Sep 18 | 6,939 | 370 | 713 | 87 |
| 30 Jun 18 | 6,824 | 305 | 745 | 88 |
| 31 Mar 18 | 6,597 | 280 | 709 | 87 |
| 31 Dec 17 | 6,384 | 289 | 674 | 85 |
| 30 Sep 17 | 6,161 | 379 | 632 | 86 |
| 30 Jun 17 | 5,976 | 395 | 592 | 84 |
| 31 Mar 17 | 5,924 | 437 | 587 | 84 |
| 31 Dec 16 | 5,677 | 393 | 576 | 82 |
| 30 Sep 16 | 5,591 | 416 | 557 | 80 |
| 30 Jun 16 | 5,520 | 416 | 547 | 78 |
| 31 Mar 16 | 5,378 | 369 | 528 | 75 |
| 31 Dec 15 | 5,350 | 330 | 525 | 73 |
| 30 Sep 15 | 5,298 | 254 | 504 | 72 |
| 30 Jun 15 | 5,233 | 194 | 484 | 72 |
| 31 Mar 15 | 5,185 | 124 | 484 | 74 |
| 31 Dec 14 | 5,260 | 226 | 487 | 76 |
| 30 Sep 14 | 5,293 | 275 | 507 | 77 |
| 30 Jun 14 | 5,231 | 274 | 525 | 78 |
| 31 Mar 14 | 5,223 | 302 | 529 | 78 |
| 31 Dec 13 | 5,295 | 204 | 530 | 77 |
| 30 Sep 13 | 5,176 | 66 | 524 | 76 |
| 30 Jun 13 | 5,132 | 59 | 511 | 77 |
Quality Earnings: OC has high quality earnings.
Growing Profit Margin: OC's current net profit margins (12.4%) are lower than last year (12.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OC's earnings have grown significantly by 32.8% per year over the past 5 years.
Accelerating Growth: OC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: OC had negative earnings growth (-3.6%) over the past year, making it difficult to compare to the Building industry average (17.4%).
Return on Equity
High ROE: OC's Return on Equity (22.9%) is considered high.