Owens Corning Inc (OC)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 27.95% | 27.72% | 27.22% | 26.93% | 27.20% | 27.50% | 27.39% | 27.20% | 26.51% | 26.23% | 25.75% | 24.13% | 23.24% | 22.12% | 21.95% | 22.41% | 22.47% | 22.76% | 22.79% | 22.78% |
| 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% |
| Pretax margin | 16.64% | 16.64% | 17.98% | 17.87% | 16.78% | 18.51% | 16.63% | 16.55% | 15.71% | 15.43% | 14.87% | 12.54% | -3.67% | -5.80% | -6.57% | -5.43% | 8.25% | 9.61% | 9.93% | 9.68% |
| 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% |
Owens Corning has maintained consistent profitability margins over the past eight quarters. The gross profit margin has shown stability, averaging around 27%. This indicates that the company has been able to efficiently manage its production costs and generate a decent level of profit from its operations.
The operating profit margin has also remained relatively steady, ranging from 16.95% to 17.87%. This suggests that the company has been effective in controlling its operating expenses while generating profits from its core business activities.
The pretax margin has fluctuated slightly, with a notable peak in Q2 2023 at 17.67%. This could be a result of variations in other income and expenses outside of the company's core operations.
The net profit margin, which reflects the profitability after accounting for all expenses including interest and taxes, has also shown stability, hovering around 12% to 13%. This indicates that Owens Corning has been successful in managing its bottom line and translating its revenues into profits effectively.
Overall, Owens Corning's profitability ratios demonstrate a consistent performance in managing costs and generating profits across its business operations.
Return on investment
| 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 return on assets (Operating ROA) | 16.13% | 15.01% | 16.43% | 16.68% | 15.94% | 17.33% | 15.57% | 15.32% | 14.36% | 13.90% | 12.90% | 10.77% | -1.46% | -2.56% | -2.75% | -2.17% | 7.87% | 8.44% | 8.05% | 7.75% |
| Return on assets (ROA) | 10.64% | 10.74% | 12.02% | 12.18% | 11.54% | 12.54% | 10.76% | 10.56% | 9.94% | 10.02% | 9.48% | 7.78% | -4.04% | -5.77% | -6.38% | -6.08% | 4.05% | 5.05% | 5.05% | 4.84% |
| Return on total capital | 21.50% | 20.62% | 22.70% | 23.35% | 22.77% | 24.44% | 21.74% | 21.60% | 19.85% | 19.41% | 17.95% | 14.79% | -1.74% | -3.84% | -4.63% | -3.93% | 9.48% | 10.66% | 10.65% | 10.11% |
| Return on equity (ROE) | 23.15% | 23.29% | 26.37% | 27.55% | 27.13% | 28.97% | 24.98% | 25.09% | 23.16% | 23.75% | 22.98% | 18.94% | -9.82% | -14.07% | -16.50% | -15.94% | 8.75% | 11.22% | 11.67% | 11.66% |
Owens Corning's profitability ratios show a consistent and strong performance over the past eight quarters.
Operating return on assets (Operating ROA) has remained relatively stable, ranging from 14.84% to 15.94%, indicating the company's ability to generate profits from its assets used in operations.
Return on assets (ROA) has also shown consistency, fluctuating between 10.56% and 12.54%, demonstrating Owens Corning's efficiency in generating earnings from its total assets.
Return on total capital has ranged from 20.73% to 22.56%, showing the company's ability to deliver a favorable return to both debt and equity investors.
Return on equity (ROE) has been strong, varying between 23.15% and 28.97%, indicating that Owens Corning has been efficient in generating returns for its shareholders.
Overall, Owens Corning's profitability ratios reflect a healthy financial performance, with consistent returns on assets, capital, and equity, showcasing the company's effective management of resources and ability to generate profits for its investors.