Owens Corning Inc (OC)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 29.89% | 29.63% | 29.50% | 28.99% | 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% |
| 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% |
| Pretax margin | 8.47% | 13.45% | 14.29% | 15.37% | 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% |
| Net profit margin | 5.94% | 10.00% | 10.74% | 11.62% | 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% |
Owens Corning Inc's profitability ratios have shown a mixed performance over the past few years. The gross profit margin has been steadily increasing from 22.41% as of March 31, 2020, to 29.89% as of December 31, 2024, indicating an improvement in the company's ability to generate profits from sales after deducting the cost of goods sold.
In contrast, the operating profit margin has been volatile, with negative margins in the first half of 2020 but improving significantly in subsequent periods. However, the operating profit margin dropped notably from 17.57% as of March 31, 2024, to 10.35% as of December 31, 2024, suggesting challenges in controlling operating expenses and maintaining profitability.
Similarly, the pretax margin and net profit margin have exhibited fluctuations during the period under review. While there have been periods of growth, particularly in 2021 and 2022, both margins declined towards the end of 2024. The net profit margin fell from 11.62% as of March 31, 2024, to 5.94% as of December 31, 2024, indicating a decrease in the company's bottom-line profitability after accounting for all expenses and taxes.
Overall, while Owens Corning Inc has shown improvements in its gross profit margin, there are concerns about the company's ability to sustain profitability at the operating, pretax, and net levels, as indicated by the varied performance of its profitability ratios over the reporting periods. Further analysis of cost management and revenue generation strategies may be necessary to address the fluctuations observed in the company's profitability metrics.
Return on investment
| 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 return on assets (Operating ROA) | 8.01% | 11.28% | 11.01% | 14.92% | 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% |
| Return on assets (ROA) | 4.60% | 6.88% | 7.02% | 9.87% | 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% |
| Return on total capital | 11.07% | 14.60% | 14.39% | 19.58% | 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% |
| Return on equity (ROE) | 12.74% | 18.42% | 19.23% | 21.27% | 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% |
Owens Corning Inc's profitability ratios have shown a fluctuating trend over the past few years.
- Operating return on assets (Operating ROA) improved steadily from -2.17% in March 2020 to a peak of 17.33% in September 2022, before experiencing some slight declines. This indicates that the company's operating earnings generated from its assets have been relatively healthy in recent periods.
- Return on assets (ROA) also saw a similar upward trajectory, reaching a high of 12.18% in March 2023, demonstrating the company's ability to generate profits from its total assets.
- Return on total capital increased consistently from -3.93% in March 2020 to a peak of 24.44% in September 2022, illustrating effective utilization of capital to generate returns for both debt and equity holders.
- Return on equity (ROE) displayed a pattern of improvement, climbing from -15.94% in March 2020 to a high of 28.97% in September 2022, before experiencing some declines. This suggests that the company has been successful in generating returns for its shareholders.
Overall, Owens Corning Inc's profitability ratios indicate a positive trend in its ability to generate earnings from assets and capital, as well as provide returns to both equity and total capital providers.