Owens Corning Inc (OC)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 29.89% | 27.95% | 27.20% | 26.51% | 23.24% |
| Operating profit margin | 10.35% | 18.88% | 17.82% | 17.19% | -1.99% |
| Pretax margin | 8.47% | 16.64% | 16.78% | 15.71% | -3.67% |
| Net profit margin | 5.94% | 12.46% | 12.90% | 11.90% | -5.53% |
Owens Corning Inc's profitability ratios have shown improvement over the years based on the provided data.
- Gross profit margin has increased steadily from 23.24% in December 2020 to 29.89% in December 2024, indicating that the company has been able to control its cost of goods sold and generate more profit from its sales.
- Operating profit margin experienced fluctuation, starting at -1.99% in December 2020, rising to a peak of 18.88% in December 2023, and then decreasing to 10.35% in December 2024. This suggests that while the company has been able to efficiently manage its operating expenses, there has been some variability in its operational performance.
- Pretax margin also shows an upward trend, increasing from -3.67% in December 2020 to 8.47% in December 2024. This demonstrates improvement in the company's ability to generate profit before accounting for taxes.
- Net profit margin, however, has shown more volatility, starting at -5.53% in December 2020, peaking at 12.90% in December 2022, and then decreasing to 5.94% by December 2024. This metric reflects the company's bottom-line profitability after all expenses have been accounted for.
Overall, Owens Corning Inc has made progress in enhancing its profitability metrics, with some fluctuations in operating profit margin and net profit margin. Continued focus on managing costs and optimizing revenue generation will be essential for sustaining and improving profitability in the future.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 8.01% | 16.13% | 15.94% | 14.36% | -1.46% |
| Return on assets (ROA) | 4.60% | 10.64% | 11.54% | 9.94% | -4.04% |
| Return on total capital | 11.13% | 21.50% | 22.77% | 19.85% | -1.74% |
| Return on equity (ROE) | 12.74% | 23.15% | 27.13% | 23.16% | -9.82% |
Owens Corning Inc's profitability ratios indicate a mixed performance over the years. The company's Operating Return on Assets (Operating ROA) has shown significant improvement, increasing from -1.46% in 2020 to 16.13% in 2023, before slightly declining to 8.01% in 2024. This suggests that the company has efficiently utilized its assets to generate operating profits, although there was a slight setback in 2024.
Return on Assets (ROA) also demonstrates an upward trend, from -4.04% in 2020 to 10.64% in 2023, then decreasing to 4.60% in 2024. This metric reflects the company's overall profitability in relation to its total assets, showing a recovery from negative figures in 2020.
Return on Total Capital highlights a strong increase, starting at -1.74% in 2020 and peaking at 22.77% in 2022, indicating that the company has been able to generate favorable returns for its total capital employed. However, there is a slight decline in 2024 to 11.13%, suggesting a potential need for further capital efficiency improvement.
Return on Equity (ROE) has also shown a positive trajectory, with a notable improvement from -9.82% in 2020 to 27.13% in 2022, before decreasing to 12.74% in 2024. This metric reflects how effectively the company has been able to deliver returns to its shareholders based on their equity investments.
Overall, Owens Corning Inc's profitability ratios reflect a mixed performance, with improvements in some areas but slight declines in others. Continued monitoring of these ratios will be important to assess the company's profitability and financial health in the future.