Earnings Summary

Owens Corning’s revenue jumped 0.83% since last year same period to $2304Mn in the Q4 2023. On a quarterly growth basis, Owens Corning has generated -7.06% fall in its revenue since last 3-months.

Owens Corning’s net profit jumped 5.65% since last year same period to $131Mn in the Q4 2023. On a quarterly growth basis, Owens Corning has generated -61.13% fall in its net profits since last 3-months.

Owens Corning’s net profit margin jumped 4.77% since last year same period to 5.69% in the Q4 2023. On a quarterly growth basis, Owens Corning has generated -58.18% fall in its net profit margins since last 3-months.

Owens Corning’s price-to-earnings ratio after this Q4 2023 earnings stands at 12.76.

Owens Corning’s earning per share (EPS) estimates for the current quarter stand at 3.08 - a 7.69% jump from last quarter’s estimates.

Owens Corning’s earning per share (EPS) estimates for the current year stand at 3.08.

Owens Corning’s earning per share (EPS) jumped 28.92% since last year same period to 3.21 in the Q4 2023. This indicates that the Owens Corning has generated 28.92% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Owens Corning’s return on assets (ROA) stands at 0.09.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Owens Corning’s return on equity (ROE) stands at 0.24.

Owens Corning declared 0.52 dividend per share during the earnings announcement for Q4 2023.