Owens Corning Stock Revenue
| OC Stock | USD 160.52 2.38 1.46% |
Owens Corning fundamentals help investors to digest information that contributes to Owens Corning's financial success or failures. It also enables traders to predict the movement of Owens Stock. The fundamental analysis module provides a way to measure Owens Corning's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Owens Corning stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 9.7 B | 5.5 B |
Owens | Revenue |
Owens Corning Company Revenue Analysis
Owens Corning's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Owens Corning Revenue | 9.68 B |
Most of Owens Corning's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Owens Corning is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Owens
Projected quarterly revenue analysis of Owens Corning provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Owens Corning match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Owens Corning's stock price.
Owens Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Owens Corning is extremely important. It helps to project a fair market value of Owens Stock properly, considering its historical fundamentals such as Revenue. Since Owens Corning's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Owens Corning's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Owens Corning's interrelated accounts and indicators.
| 0.58 | 0.67 | -0.33 | 0.08 | 0.02 | ||
| 0.58 | 0.99 | 0.27 | 0.75 | 0.49 | ||
| 0.67 | 0.99 | 0.18 | 0.66 | 0.38 | ||
| -0.33 | 0.27 | 0.18 | 0.63 | 0.55 | ||
| 0.08 | 0.75 | 0.66 | 0.63 | 0.85 | ||
| 0.02 | 0.49 | 0.38 | 0.55 | 0.85 |
Click cells to compare fundamentals
Owens Revenue Historical Pattern
Today, most investors in Owens Corning Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Owens Corning's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Owens Corning revenue as a starting point in their analysis.
Owens Corning Revenue |
| Timeline |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Owens Current Deferred Revenue
Current Deferred Revenue |
|
Based on the latest financial disclosure, Owens Corning reported 9.68 B of revenue. This is 176.6% higher than that of the Building Products sector and significantly higher than that of the Industrials industry. The revenue for all United States stocks is 2.57% lower than that of the firm.
Owens Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Owens Corning's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Owens Corning could also be used in its relative valuation, which is a method of valuing Owens Corning by comparing valuation metrics of similar companies.Owens Corning is currently under evaluation in revenue category among related companies.
Owens Corning ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Owens Corning's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Owens Corning's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Owens Corning Institutional Holders
Institutional Holdings refers to the ownership stake in Owens Corning that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Owens Corning's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Owens Corning's value.| Shares | Allianz Asset Management Ag | 2023-12-31 | 1.1 M | Citadel Advisors Llc | 2023-09-30 | 1.1 M | Bank Of New York Mellon Corp | 2023-12-31 | 1 M | Ameriprise Financial Inc | 2023-12-31 | 966.6 K | Amundi | 2023-12-31 | 937.3 K | Northern Trust Corp | 2023-12-31 | 925.2 K | Bank Of America Corp | 2023-12-31 | 882.9 K | Deutsche Bank Ag | 2023-12-31 | 877 K | Pacer Advisors, Inc. | 2023-12-31 | 832.6 K | Blackrock Inc | 2023-12-31 | 11 M | Vanguard Group Inc | 2023-12-31 | 9.1 M |
Owens Fundamentals
| Return On Equity | 0.24 | ||||
| Return On Asset | 0.0937 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 15.93 B | ||||
| Shares Outstanding | 86.99 M | ||||
| Shares Owned By Insiders | 0.91 % | ||||
| Shares Owned By Institutions | 97.22 % | ||||
| Number Of Shares Shorted | 1.79 M | ||||
| Price To Earning | 13.22 X | ||||
| Price To Book | 2.79 X | ||||
| Price To Sales | 1.49 X | ||||
| Revenue | 9.68 B | ||||
| Gross Profit | 2.66 B | ||||
| EBITDA | 2.09 B | ||||
| Net Income | 1.19 B | ||||
| Cash And Equivalents | 1.1 B | ||||
| Cash Per Share | 7.80 X | ||||
| Total Debt | 3.27 B | ||||
| Debt To Equity | 0.68 % | ||||
| Current Ratio | 1.77 X | ||||
| Book Value Per Share | 59.24 X | ||||
| Cash Flow From Operations | 1.72 B | ||||
| Short Ratio | 2.61 X | ||||
| Earnings Per Share | 13.13 X | ||||
| Price To Earnings To Growth | 0.82 X | ||||
| Target Price | 169.08 | ||||
| Number Of Employees | 18 K | ||||
| Beta | 1.47 | ||||
| Market Capitalization | 14.23 B | ||||
| Total Asset | 11.24 B | ||||
| Retained Earnings | 4.79 B | ||||
| Working Capital | 1.59 B | ||||
| Current Asset | 1.51 B | ||||
| Current Liabilities | 1.08 B | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.39 % | ||||
| Net Asset | 11.24 B | ||||
| Last Dividend Paid | 2.16 |
About Owens Corning Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Owens Corning's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Owens Corning using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Owens Corning based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Owens Corning Investors Sentiment
The influence of Owens Corning's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Owens. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Owens Corning's public news can be used to forecast risks associated with an investment in Owens. The trend in average sentiment can be used to explain how an investor holding Owens can time the market purely based on public headlines and social activities around Owens Corning. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Owens Corning's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Owens Corning's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Owens Corning's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Owens Corning.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Owens Corning in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Owens Corning's short interest history, or implied volatility extrapolated from Owens Corning options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Owens Corning Piotroski F Score and Owens Corning Altman Z Score analysis. For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.Note that the Owens Corning information on this page should be used as a complementary analysis to other Owens Corning's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Owens Stock analysis
When running Owens Corning's price analysis, check to measure Owens Corning's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Owens Corning is operating at the current time. Most of Owens Corning's value examination focuses on studying past and present price action to predict the probability of Owens Corning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owens Corning's price. Additionally, you may evaluate how the addition of Owens Corning to your portfolios can decrease your overall portfolio volatility.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |
Is Owens Corning's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Owens Corning. If investors know Owens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Owens Corning listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.114 | Dividend Share 2.16 | Earnings Share 13.13 | Revenue Per Share 107.403 | Quarterly Revenue Growth 0.008 |
The market value of Owens Corning is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Corning's value that differs from its market value or its book value, called intrinsic value, which is Owens Corning's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Owens Corning's market value can be influenced by many factors that don't directly affect Owens Corning's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Owens Corning's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owens Corning is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Corning's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.