Back to top
more

Owens Corning (OC)

(Delayed Data from NYSE)

$165.22 USD

165.22
1,147,165

-2.40 (-1.43%)

Updated Apr 24, 2024 04:00 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value A Growth C Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 13% (32 out of 251)

Industry: Building Products - Miscellaneous

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Balance Sheet

Research for OC

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

   

Fiscal Year End for Owens Corning Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 1,615 1,099 959 717 172
Receivables 987 961 939 919 770
Notes Receivable 0 0 0 0 0
Inventories 1,198 1,334 1,078 855 1,033
Other Current Assets 117 162 121 115 86
Total Current Assets 3,917 3,556 3,097 2,606 2,061
Net Property & Equipment 3,841 3,729 3,873 3,809 3,855
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 24 16 31 28 46
Intangibles 2,920 2,985 2,607 2,656 3,653
Deposits & Other Assets 313 262 249 228 188
Total Assets 11,237 10,752 10,015 9,481 10,006
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 1,216 1,345 1,095 0 0
Current Portion Long-Term Debt 431 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 615 707 553 0 0
Total Current Liabilities 2,324 2,104 1,697 1,440 1,329
Mortgages 0 0 0 0 0
Deferred Taxes/Income 427 388 376 332 272
Convertible Debt 0 0 0 0 0
Long-Term Debt 2,615 2,992 2,960 3,126 2,986
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 496 495 538 543 610
Minority Interest (Liabilities) 25 25 0 0 0
Total Liabilities 6,052 6,156 5,680 5,540 5,335
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 1 1 1
Capital Surplus 4,166 4,139 4,092 4,059 4,051
Retained Earnings 4,794 3,794 2,706 1,829 2,319
Other Equity -484 -660 -542 -548 -570
Treasury Stock 3,292 2,678 1,922 1,400 1,130
Total Shareholder's Equity 5,185 4,596 4,335 3,941 4,671
Total Liabilities & Shareholder's Equity 11,237 10,752 10,015 9,481 10,006
Total Common Equity 5,185 4,596 4,335 3,941 4,671
Shares Outstanding 88.80 93.40 100.40 108.20 108.70
Book Value Per Share 58.39 49.21 43.18 36.42 42.97

Fiscal Year End for Owens Corning Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 1,615 1,323 968 757
Receivables NA 987 1,300 1,413 1,388
Notes Receivable NA 0 0 0 0
Inventories NA 1,198 1,232 1,288 1,340
Other Current Assets NA 117 94 122 108
Total Current Assets NA 3,917 3,949 3,791 3,593
Net Property & Equipment NA 3,841 3,688 3,723 3,745
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 24 19 20 18
Intangibles NA 2,920 2,904 2,952 2,997
Deposits & Other Assets NA 313 293 291 275
Total Assets NA 11,237 11,069 11,001 10,840
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 1,216 1,161 1,201 1,243
Current Portion Long-Term Debt NA 431 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 615 605 572 635
Total Current Liabilities NA 2,324 1,826 1,832 1,933
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 427 430 438 411
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 2,615 3,002 3,004 2,999
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 505 503 503
Minority Interest (Liabilities) NA 25 25 25 25
Total Liabilities NA 6,052 5,944 5,967 6,028
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 1 1 1 1
Capital Surplus NA 4,166 4,152 4,143 4,129
Retained Earnings NA 4,794 4,718 4,427 4,129
Other Equity NA -484 -683 -617 -631
Treasury Stock NA 3,292 3,063 2,920 2,816
Total Shareholder's Equity NA 5,185 5,125 5,034 4,812
Total Liabilities & Shareholder's Equity NA 11,237 11,069 11,001 10,840
Total Common Equity 0 5,185 5,125 5,034 4,812
Shares Outstanding 87.00 88.80 88.80 89.80 90.10
Book Value Per Share 0.00 58.39 57.71 56.06 53.41