Owens Corning Inc (OC)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,196,000 | 1,189,000 | 1,322,000 | 1,320,000 | 1,241,000 | 1,344,000 | 1,134,000 | 1,089,000 | 995,000 | 1,000,000 | 946,000 | 744,000 | -383,000 | -542,000 | -598,000 | -556,000 | 405,000 | 503,000 | 514,000 | 497,000 |
| Revenue (ttm) | US$ in thousands | 9,599,000 | 9,515,000 | 9,565,000 | 9,603,000 | 9,618,000 | 9,473,000 | 9,157,000 | 8,795,000 | 8,364,000 | 8,166,000 | 7,857,000 | 7,243,000 | 6,929,000 | 6,822,000 | 6,801,000 | 7,094,000 | 7,160,000 | 7,192,000 | 7,127,000 | 7,033,000 |
| Net profit margin | 12.46% | 12.50% | 13.82% | 13.75% | 12.90% | 14.19% | 12.38% | 12.38% | 11.90% | 12.25% | 12.04% | 10.27% | -5.53% | -7.94% | -8.79% | -7.84% | 5.66% | 6.99% | 7.21% | 7.07% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,196,000K ÷ $9,599,000K
= 12.46%
Owens Corning's net profit margin has shown some fluctuations over the past eight quarters, ranging from 12.20% to 13.99%. In Q2 2023, the company achieved the highest net profit margin of 13.62%, indicating that for every dollar of revenue generated, Owens Corning retained $0.1362 as net income. The margins have generally been above 12%, reflecting the company's ability to effectively manage its costs and expenses in relation to its revenue. Despite some variability, the overall trend suggests that Owens Corning has maintained a relatively stable level of profitability during the period under review.