(OC) Owens Corning - NYSE
Sector: Industrials | Industry: Building Products & Equipment | Exchange: NYSE (USA) | Market Cap: 9.599m USD | Total Return: -10.4% in 12m
Avg Turnover: 132M
Qual. Beats: 0
Rev. Trend: 56.9%
Qual. Beats: 0
Warnings
High Debt/EBITDA (8.1) with thin interest coverage (0.7)
Interest Coverage Ratio 0.7 is critical
Choppy
Tailwinds
No distinct edge detected
Owens Corning (OC) is a global manufacturer of building materials operating through three primary business segments: Roofing, Insulation, and Doors. The company produces a wide range of specialized products including asphalt shingles, synthetic insulation under the PINK and FIBERGLAS brands, and residential interior and exterior doors. Its distribution network spans professional contractors, home improvement retailers, and industrial distributors across North America, Europe, and the Asia Pacific.
The building products sector is heavily influenced by domestic housing starts and repair and remodel (R&R) activity, which historically accounts for a significant portion of roofing and insulation demand. As a vertically integrated manufacturer, Owens Corning also produces glass reinforcements and oxidized asphalt, providing raw material inputs for its own finished goods and external industrial applications.
Investors can further evaluate these market drivers and historical performance metrics on ValueRay.
Headquartered in Toledo, Ohio, and incorporated in 1938, the company maintains a diverse portfolio of thermal and acoustical solutions. Its recent expansion into the door category complements its existing building envelope offerings, allowing for broader capture of the residential construction value chain.
- Residential housing starts and remodeling activity drive core demand for roofing products
- Asphalt and energy input costs significantly impact manufacturing margins and profitability
- Masonite acquisition expands total addressable market through new interior and exterior door segments
- Interest rate fluctuations influence consumer spending on high-ticket home improvement projects
- Commercial construction demand determines volume for stone wool and cellular glass insulation lines
| Net Income: -533.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -4.19 > 1.0 |
| NWC/Revenue: 7.23% < 20% (prev 11.03%; Δ -3.81% < -1%) |
| CFO/TA 0.13 > 3% & CFO 1.68b > Net Income -533.0m |
| Net Debt (6.58b) to EBITDA (814.0m): 8.08 < 3 |
| Current Ratio: 1.24 > 1.5 & < 3 |
| Outstanding Shares: last quarter (80.2m) vs 12m ago -7.07% < -2% |
| Gross Margin: 26.98% > 18% (prev 29.91%; Δ -2.93% > 0.5%) |
| Asset Turnover: 71.92% > 50% (prev 76.50%; Δ -4.57% > 0%) |
| Interest Coverage Ratio: 0.72 > 6 (EBIT TTM 185.0m / Interest Expense TTM 258.0m) |
| A: 0.05 (Total Current Assets 3.72b - Total Current Liabilities 3.01b) / Total Assets 13.1b |
| B: 0.33 (Retained Earnings 4.29b / Total Assets 13.1b) |
| C: 0.01 (EBIT TTM 185.0m / Avg Total Assets 13.7b) |
| D: 0.39 (Book Value of Equity 3.64b / Total Liabilities 9.41b) |
| Altman-Z'' = 1.92 = BBB |
| DSRI: 0.96 (Receivables 1.35b/1.56b, Revenue 9.84b/10.9b) |
| GMI: 1.11 (GM 29.91% / 26.98%) |
| AQI: 0.85 (AQ_t 0.36 / AQ_t-1 0.43) |
| SGI: 0.90 (Revenue 9.84b / 10.9b) |
| TATA: -0.17 (NI -533.0m - CFO 1.68b) / TA 13.1b) |
| Beneish M = -3.13 (Cap -4..+1) = AA |
As of June 14, 2026, the stock is trading at USD 121.44 with a total of 522,041 shares traded.
Over the past week, the price has changed by +1.88%,
over one month by +1.34%,
over three months by +17.85% and
over the past year by -10.36%.
Owens Corning has received a consensus analysts rating of 4.11. Therefore, it is recommended to buy OC.
- StrongBuy: 9
- Buy: 2
- Hold: 7
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 144.8 | 19.2% |
P/E Forward = 12.5156
P/S = 0.9757
P/B = 2.6342
P/EG = 1.5125
Revenue TTM = 9.84b USD
EBIT TTM = 185.0m USD
EBITDA TTM = 814.0m USD
Long Term Debt = 4.42b USD (from longTermDebt, last quarter)
Short Term Debt = 905.0m USD (from shortTermDebt, last quarter)
Debt = 6.85b USD (from shortLongTermDebtTotal, last quarter) + Leases 824.0m
Net Debt = 6.58b USD (calculated: Debt 6.85b - CCE 272.0m)
Enterprise Value = 16.2b USD (9.60b + Debt 6.85b - CCE 272.0m)
Interest Coverage Ratio = 0.72 (Ebit TTM 185.0m / Interest Expense TTM 258.0m)
EV/FCF = 33.70x (Enterprise Value 16.2b / FCF TTM 480.0m)
FCF Yield = 2.97% (FCF TTM 480.0m / Enterprise Value 16.2b)
FCF Margin = 4.88% (FCF TTM 480.0m / Revenue TTM 9.84b)
Net Margin = -5.42% (Net Income TTM -533.0m / Revenue TTM 9.84b)
Gross Margin = 26.98% ((Revenue TTM 9.84b - Cost of Revenue TTM 7.18b) / Revenue TTM)
Gross Margin QoQ = 22.87% (prev 23.86%)
Tobins Q-Ratio = 1.24 (Enterprise Value 16.2b / Total Assets 13.1b)
Interest Expense / Debt = 3.77% (Interest Expense 258.0m / Debt 6.85b)
Taxrate = 27.78% (15.0m / 54.0m)
NOPAT = 133.6m (EBIT 185.0m * (1 - 27.78%))
Current Ratio = 1.24 (Total Current Assets 3.72b / Total Current Liabilities 3.01b)
Debt / Equity = 1.88 (Debt 6.85b / totalStockholderEquity, last quarter 3.64b)
Debt / EBITDA = 8.08 (Net Debt 6.58b / EBITDA 814.0m)
Debt / FCF = 13.70 (Net Debt 6.58b / FCF TTM 480.0m)
Total Stockholder Equity = 4.26b (last 4 quarters mean from totalStockholderEquity)
RoA = -3.90% (Net Income -533.0m / Total Assets 13.1b)
RoE = -12.50% (Net Income TTM -533.0m / Total Stockholder Equity 4.26b)
RoCE = 2.13% (EBIT 185.0m / Capital Employed (Equity 4.26b + L.T.Debt 4.42b))
RoIC = 1.25% (NOPAT 133.6m / Invested Capital 10.7b)
WACC = 7.62% (E(9.60b)/V(16.4b) * Re(11.11%) + D(6.85b)/V(16.4b) * Rd(3.77%) * (1-Tc(0.28)))
Discount Rate = 11.11% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -90.80 | Cagr: -4.76%
[DCF] Terminal Value 73.10% ; FCFF base≈736.4m ; Y1≈645.8m ; Y5≈521.8m
[DCF] Fair Price = 22.35 (EV 8.37b - Net Debt 6.58b = Equity 1.80b / Shares 80.5m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.67 | # QB: 0
Revenue Correlation: 56.94 | Revenue CAGR: 3.90% | SUE: 0.73 | # QB: 0
EPS current Quarter (2026-06-30): EPS=3.05 | Chg30d=+1.71% | Revisions=-5% | Analysts=17
EPS next Quarter (2026-09-30): EPS=3.43 | Chg30d=-1.13% | Revisions=-14% | Analysts=17
EPS current Year (2026-12-31): EPS=9.53 | Chg30d=+1.74% | Revisions=+0% | GrowthEPS=-20.9% | GrowthRev=-1.9%
EPS next Year (2027-12-31): EPS=11.92 | Chg30d=+2.67% | Revisions=+37% | GrowthEPS=+25.1% | GrowthRev=+3.6%
[Analyst] Revisions Ratio: +37%