Owens Corning Inc (OC)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 787,000 | 840,000 | 820,000 | 796,000 |
| 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 |
| Operating profit margin | 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% | 10.99% | 11.68% | 11.51% | 11.32% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,812,000K ÷ $9,599,000K
= 18.88%
Owens Corning's operating profit margin has remained relatively stable over the past eight quarters, ranging from 16.95% to 17.87%. This reflects the company's ability to generate profits from its core operations. The quarterly variations in operating profit margin are relatively small, indicating consistent profitability in their operations.
Overall, the operating profit margin for Owens Corning has been consistently above 17% for most of the quarters, demonstrating the company's efficiency in managing its costs and generating profits from its revenue. This consistent performance may indicate effective cost control measures and strong operational efficiency within the company.