Owens Corning Inc (OC)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,127,000 | 1,812,000 | 1,714,000 | 1,438,000 | -138,000 |
| Revenue | US$ in thousands | 10,886,000 | 9,599,000 | 9,618,000 | 8,364,000 | 6,929,000 |
| Operating profit margin | 10.35% | 18.88% | 17.82% | 17.19% | -1.99% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,127,000K ÷ $10,886,000K
= 10.35%
Owens Corning Inc's operating profit margin has shown variability over the years. The margin was negative at -1.99% as of December 31, 2020, but exhibited a positive trend thereafter. It notably increased to 17.19% by December 31, 2021, and continued to improve to 17.82% by December 31, 2022. The margin reached its peak at 18.88% on December 31, 2023, indicating strong operational efficiency. However, it experienced a decline to 10.35% by December 31, 2024, which may require further analysis to understand the factors contributing to this decrease. Overall, the positive trend in the operating profit margin reflects improvements in Owens Corning Inc's operational performance over the specified period.