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Owens Corning

$177.7

Earnings Summary

Revenue
$2300Mn
Net Profits
$299Mn
Net Profit Margins
13%
PE Ratio
14.29

Highlights

Revenue:

Owens Corning’s revenue fell -1.33% since last year same period to $2300Mn in the Q1 2024. On a quarterly growth basis, Owens Corning has generated -0.17% fall in its revenue since last 3-months.

Net Profits:

Owens Corning’s net profit fell -21.93% since last year same period to $299Mn in the Q1 2024. On a quarterly growth basis, Owens Corning has generated 128.24% jump in its net profits since last 3-months.

Net Profit Margins:

Owens Corning’s net profit margin fell -20.88% since last year same period to 13% in the Q1 2024. On a quarterly growth basis, Owens Corning has generated 128.64% jump in its net profit margins since last 3-months.

PE Ratio:

Owens Corning’s price-to-earnings ratio after this Q1 2024 earnings stands at 14.29.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Owens Corning post its latest quarter earnings

EPS Estimate Current Quarter
4.27
EPS Estimate Current Year
4.27

Highlights

EPS Estimate Current Quarter:

Owens Corning’s earning per share (EPS) estimates for the current quarter stand at 4.27 - a 38.64% jump from last quarter’s estimates.

EPS Estimate Current Year:

Owens Corning’s earning per share (EPS) estimates for the current year stand at 4.27.

Key Ratios

Key ratios of the Owens Corning post its Q1 2024 earnings

Earning Per Share (EPS)
3.59
Return on Assets (ROA)
0.1
Return on Equity (ROE)
0.22
Dividend Per Share (DPS)
1.2

Highlights

Earning Per Share (EPS):

Owens Corning’s earning per share (EPS) jumped 29.6% since last year same period to 3.59 in the Q1 2024. This indicates that the Owens Corning has generated 29.6% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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 0.1.

Earning Per Share (EPS):

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 0.22.

Dividend Per Share (DPS):

Owens Corning declared 1.2 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-24
3.08
3.59
16.56%