Owens Gross Profit from 2010 to 2024

OC Stock  USD 205.62  0.52  0.25%   
Owens Corning's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 2.8 B this year. Gross Profit is the profit Owens Corning makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1988-03-31
Previous Quarter
876 M
Current Value
908 M
Quarterly Volatility
224.5 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Owens Corning financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Owens Corning's main balance sheet or income statement drivers, such as Depreciation And Amortization of 524 M, Interest Expense of 78.8 M or Total Revenue of 5.5 B, as well as many indicators such as Price To Sales Ratio of 1.45, Dividend Yield of 0.0096 or PTB Ratio of 2.71. Owens financial statements analysis is a perfect complement when working with Owens Corning Valuation or Volatility modules.
  
Check out the analysis of Owens Corning Correlation against competitors.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.

Latest Owens Corning's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Owens Corning over the last few years. Gross profit is a required income statement account that reflects total revenue of Owens Corning minus its cost of goods sold. It is profit before Owens Corning operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Owens Corning's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Owens Corning's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.66 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Owens Gross Profit Regression Statistics

Arithmetic Mean1,596,010,000
Geometric Mean1,467,855,770
Coefficient Of Variation43.00
Mean Deviation534,944,000
Median1,572,000,000
Standard Deviation686,305,967
Sample Variance471015.9T
Range2B
R-Value0.95
Mean Square Error53664.1T
R-Squared0.89
Slope145,118,036
Total Sum of Squares6594222.3T

Owens Gross Profit History

20242.8 B
20232.7 B
20222.6 B
20212.2 B
20201.6 B
20191.6 B
20181.6 B

Other Fundumenentals of Owens Corning

Owens Corning Gross Profit component correlations

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About Owens Corning Financial Statements

Owens Corning stakeholders use historical fundamental indicators, such as Owens Corning's Gross Profit, to determine how well the company is positioned to perform in the future. Although Owens Corning investors may analyze each financial statement separately, they are all interrelated. For example, changes in Owens Corning's assets and liabilities are reflected in the revenues and expenses on Owens Corning's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Owens Corning. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit2.7 B2.8 B
Gross Profit Margin 0.28  0.24 

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Check out the analysis of Owens Corning Correlation against competitors.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Building Products space 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
(0.02)
Dividend Share
2.4
Earnings Share
11.78
Revenue Per Share
119.235
Quarterly Revenue Growth
0.229
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.