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Owens Corning (OC)

Common Stock · Currency in USD · XNYS

Owens-Corning Inc is a building products company that offers roofing products and systems, insulation products (hermal and acoustical batts, loose fill insulation, spray foam insulation, wet use chopped strand, etc.), and doors and door systems. The company's reportable segments are: Roofing, Insulation, and Doors. Maximum revenue is generated from the Roofing segment, which manufactures and sells residential roofing shingles, oxidized asphalt materials, roofing components, and composite lumber mainly used in residential construction. This segment also manufactures and sells glass mat and specialty veil materials used in building and construction applications. Geographically, the company generates maximum revenue from the United States, followed by Europe, Asia-Pacific, and other markets.

Company Info

SIC3290
Composite FIGIBBG000M44VW8
CIK0001370946
IPONov 1, 2006
Sectorabrasive, asbestos & misc nonmetallic mineral prods

Highlights

Market Cap$8.51B
EPS-$23.68
P/E Ratio-4.31
Revenue$10.86B
Gross Profit$3.03B
Net Income-$1.98B
Employees25,000
WSO80,383,165
Phone419-248-8000

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Analysis

Share Price Chart

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Owens Corning, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.

Returns By Period

Owens Corning (OC) has returned -5.73% so far this year and -16.99% over the past 12 months. Looking at the last ten years, OC has achieved an annualized return of 8.32%, underperforming the Benchmark (SPY), which averaged 12.23% per year.

OC

1M-8.44%
6M-24.29%
YTD-5.73%
1Y-16.99%
5Y1.76%
10Y8.32%

Benchmark (SPY)

1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%

Monthly Returns

The table below presents the monthly returns of Owens Corning (OC) with color gradation from worst to best to easily spot seasonal factors.

JanFebMarAprMayJunJulAugSepOctNovDec
20266.74%1.53%-9.33%-2.22%
20257.56%-14.56%-8.08%1.86%-7.44%3.44%1.96%9.39%-3.78%-9.56%-10.21%0.22%
20243.08%-2.23%11.80%0.35%7.95%-5.07%6.64%-9.80%4.69%0.07%14.55%-17.17%
202311.99%1.66%-1.96%11.53%-0.20%22.99%7.11%3.01%-5.92%-16.51%19.68%9.41%
2022-2.55%3.25%-2.03%-1.18%5.19%-22.86%24.94%-10.90%-3.21%6.69%2.88%-5.70%
20212.43%3.09%11.71%4.03%8.64%-9.84%-2.78%-1.18%-10.78%8.87%-9.78%3.92%
2020-7.42%-6.97%-31.61%18.60%23.94%5.77%8.56%10.70%2.08%-5.96%9.32%1.98%
201920.77%-4.68%-6.49%7.53%-5.50%20.50%-1.28%-1.14%10.92%-3.40%8.44%-3.01%
20180.56%-12.19%-1.09%-18.60%-4.89%2.66%-0.96%-9.16%-3.28%-13.30%9.35%-17.02%
20176.11%5.81%1.54%-1.11%2.43%6.97%-0.55%10.02%4.13%7.04%6.45%3.83%
2016-1.83%10.54%1.02%2.48%3.70%-2.93%-8.63%5.59%0.59%

Performance Indicators

The charts below present risk-adjusted performance metrics for Owens Corning (OC) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio

-2.00-1.000.001.002.003.00OC: -0.61SPY: 0.92

Sortino ratio

-6.00-4.00-2.000.002.004.00OC: -0.88SPY: 1.40

Omega ratio

0.501.001.502.00OC: 0.90SPY: 1.22

Calmar ratio

0.002.004.006.00OC: -0.65SPY: 1.20

Martin ratio

0.001.003.00OC: -0.08SPY: 0.42

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.

The chart below shows the rolling Sharpe ratio of OC compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Volatility Chart

The current Owens Corning volatility is 2.70%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.

Income Statement

The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.

202520242023202220212020201920182017201620152014201320122011
Liabilities And Equity (USD)12.98B14.08B11.24B10.75B10.02B9.48B10.01B9.77B8.63B7.74B7.38B7.56B7.65B7.57B7.53B
Temporary Equity (USD)--25.00M25.00M-----2.00M-----
Equity Attributable To Parent (USD)3.85B5.08B5.17B4.58B4.30B3.90B4.63B4.28B4.16B3.85B3.74B3.69B3.79B3.54B3.70B
Equity Attributable To Noncontrolling Interest (USD)40.00M43.00M19.00M21.00M39.00M40.00M40.00M41.00M42.00M40.00M40.00M38.00M37.00M37.00M40.00M
Equity (USD)3.89B5.12B5.19B4.60B4.34B3.94B4.67B4.32B4.20B3.89B3.78B3.73B3.83B3.58B3.74B
Redeemable Noncontrolling Interest (USD)--25.00M25.00M-----2.00M-----
Other Non-current Liabilities (USD)1.31B1.50B657.00M1.01B998.00M955.00M1.01B798.00M737.00M--848.00M-1.01B944.00M
Long-term Debt (USD)5.12B5.15B3.05B3.02B2.99B3.15B2.99B3.37B2.41B--1.99B-2.08B1.93B
Noncurrent Liabilities (USD)6.43B6.66B3.70B4.03B3.98B4.10B4.01B4.17B3.15B2.89B2.48B2.84B2.83B3.09B2.88B
Other Current Liabilities (USD)1.40B867.00M1.11B759.00M602.00M565.00M514.00M427.00M448.00M348.00M582.00M441.00M445.00M408.00M420.00M
Accounts Payable (USD)1.26B1.43B1.22B1.35B1.10B875.00M815.00M851.00M834.00M615.00M535.00M542.00M547.00M498.00M488.00M
Current Liabilities (USD)2.66B2.30B2.32B2.10B1.70B1.44B1.33B1.28B1.28B963.00M1.12B983.00M992.00M906.00M908.00M
Liabilities (USD)9.09B8.96B6.03B6.13B5.68B5.54B5.34B5.45B4.43B3.85B3.60B3.83B3.82B3.99B3.79B
Other Non-current Assets (USD)2.93B3.85B1.95B1.87B1.43B1.40B2.37B2.16B1.86B1.91B1.89B1.83B1.83B2.01B1.91B
Intangible Assets (USD)2.54B2.69B1.53B1.60B1.62B1.67B1.72B1.78B1.36B1.14B999.00M1.02B1.04B1.05B1.07B
Fixed Assets (USD)4.17B4.16B3.84B3.73B3.87B3.81B3.86B3.81B3.43B3.11B2.96B2.90B2.93B2.90B2.90B
Noncurrent Assets (USD)9.64B10.70B7.32B7.20B6.92B6.88B7.95B7.75B6.65B6.16B5.84B5.75B5.80B5.96B5.89B
Other Current Assets (USD)936.00M547.00M1.73B1.26B1.08B832.00M258.00M154.00M338.00M198.00M185.00M316.00M355.00M226.00M231.00M
Inventory (USD)1.47B1.59B1.20B1.33B1.08B855.00M1.03B1.07B841.00M710.00M644.00M817.00M810.00M786.00M795.00M
Accounts Receivable (USD)937.00M1.24B987.00M961.00M939.00M919.00M770.00M794.00M806.00M678.00M709.00M674.00M683.00M600.00M610.00M
Current Assets (USD)3.35B3.38B3.92B3.56B3.10B2.61B2.06B2.02B1.99B1.59B1.54B1.81B1.85B1.61B1.64B
Assets (USD)12.98B14.08B11.24B10.75B10.02B9.48B10.01B9.77B8.63B7.74B7.38B7.56B7.65B7.57B7.53B

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Rosen Law Firm is urging investors who sold Masonite International Corporation stock between June 5, 2023 and February 8, 2024 to join a securities class action lawsuit. The lawsuit alleges that Masonite made material omissions and misrepresentations regarding Owens Corning's acquisition offers and share repurchases without disclosing material nonpublic information that would have indicated the stock was worth significantly more. The lead plaintiff deadline is April 7, 2026.

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Bronstein, Gewirtz & Grossman LLC Urges Masonite International Corporation Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against Masonite International Corporation alleging that the company made materially false and misleading statements by failing to disclose multiple acquisition offers from Owens Corning while simultaneously repurchasing its own stock at artificially depressed prices. The lawsuit covers investors who purchased Masonite securities between June 5, 2023 and February 8, 2024, with a lead plaintiff deadline of April 7, 2026.

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Rosen Law Firm is reminding investors who sold Masonite International Corporation stock between June 5, 2023 and February 8, 2024 of an April 7, 2026 deadline to join a securities class action lawsuit. The lawsuit alleges that Masonite made material omissions and misrepresentations regarding Owens Corning's acquisition offers and share repurchases without disclosing material nonpublic information that would have indicated the stock was worth significantly more.

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ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Masonite International Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - DOOR

Rosen Law Firm is reminding investors who sold Masonite International Corporation (DOOR) stock between June 5, 2023 and February 8, 2024 of the April 7, 2026 deadline to join a securities class action lawsuit. The lawsuit alleges that Masonite made material omissions and misrepresentations regarding Owens Corning's acquisition offers and share repurchases without disclosing material nonpublic information that would have indicated the stock was worth significantly more.

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