Owens Corning provides residential and commercial building products in the United States, Europe, the Asia Pacific, and internationally. It operates through four segments: Roofing, Insulation, Doors, and Composites. The company offers laminate and strip asphalt roofing shingles, roofing components, and oxidized asphalt. It also provides high, mid, and low temperature products; thermal and acoustical batts, loosefill insulation, spray foam, and foam sheathing and accessories under the Owens Corning PINK, Next Gen, and FIBERGLAS Insulation brands; and glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated stone wool insulation, and cellular glass insulation and foam insulation under the FOAMULAR, FOAMGLAS, and Paroc brand names. In addition, the company offers residential interior and exterior doors; aluminum framed glass doors and window solutions; and door components, such as frames, sills, weather-stripping, and hinges and locks. Further, it manufactures, fabricates, and sells glass reinforcements in the form of fiber and mats. The company distributes its products to distributors, home centers and lumberyards, installers, retailers, homebuilders, contractors, dealers, parts molders, and fabricators. Owens Corning was incorporated in 1938 and is headquartered in Toledo, Ohio.
Financial Resilience | Owens Corning demonstrates robust financial health with strong profitability metrics, solid cash flows, and a gross profit margin of 30.11% in the last twelve months |
Strategic Reshaping | Explore Owens Corning's acquisition of DOOR and potential divestiture of its Glass Reinforcements segment, signaling a shift towards higher-margin operations |
Market Leadership | Delve into Owens Corning's competitive advantage in roofing and insulation, maintaining strong margins amidst challenging market conditions |
Future Trajectory | Analyst projections indicate EPS growth from $14.86 in FY2024 to $15.70 in FY2025, with price targets ranging from $180 to $217 |
Metrics to compare | OC | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipOCPeersSector | |
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P/E Ratio | 19.1x | 20.7x | 11.8x | |
PEG Ratio | −0.43 | 0.28 | 0.03 | |
Price/Book | 2.4x | 3.5x | 1.4x | |
Price / LTM Sales | 1.1x | 2.0x | 1.2x | |
Upside (Analyst Target) | 39.2% | 17.9% | 24.8% | |
Fair Value Upside | Unlock | −3.2% | 8.4% | Unlock |