Owens Corning Inc (OC)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,127,000 | 1,698,000 | 1,651,000 | 1,681,000 | 1,812,000 | 1,662,000 | 1,808,000 | 1,808,000 | 1,714,000 | 1,858,000 | 1,642,000 | 1,580,000 | 1,438,000 | 1,387,000 | 1,287,000 | 1,030,000 | -138,000 | -241,000 | -258,000 | -199,000 |
| Revenue (ttm) | US$ in thousands | 10,886,000 | 10,361,000 | 9,794,000 | 9,568,000 | 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 |
| Operating profit margin | 10.35% | 16.39% | 16.86% | 17.57% | 18.88% | 17.47% | 18.90% | 18.83% | 17.82% | 19.61% | 17.93% | 17.96% | 17.19% | 16.99% | 16.38% | 14.22% | -1.99% | -3.53% | -3.79% | -2.81% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,127,000K ÷ $10,886,000K
= 10.35%
Owens Corning Inc's operating profit margin has shown fluctuation over the period under review. From March 31, 2020, to December 31, 2021, the company experienced negative operating profit margins, indicating operating losses during this time. However, starting from March 31, 2021, the operating profit margin turned positive and showed a consistent improvement, reaching a peak of 19.61% on September 30, 2022.
Subsequently, the operating profit margin fluctuated but generally remained at healthier levels compared to the earlier periods. There was a slight decrease towards the end of the period, with the operating profit margin dropping to 10.35% on December 31, 2024. Overall, the trend indicates that the company has made significant improvements in managing its operating expenses and generating operating profits, with occasional fluctuations reflecting changes in business operations and economic conditions.