Owens Corning (OC)

Owens Corning Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	9,646	9,677	9,761	8,498	7,055	7,160
Revenue Growth (YoY)	-1.03%	-0.86%	14.86%	20.45%	-1.47%	1.46%
Cost of Revenue	6,872	6,994	7,145	6,281	5,445	5,551
Gross Profit	2,774	2,683	2,616	2,217	1,610	1,609
Selling, General & Admin	839	831	803	757	664	698
Research & Development	126	123	106	91	82	87
Other Operating Expenses	128	-83	123	-69	1,002	37
Operating Expenses	1,093	871	1,032	779	1,748	822
Operating Income	1,681	1,812	1,584	1,438	-138	787
Interest Expense / Income	71	76	109	126	132	131
Other Expense / Income	139	139	-139	-2	-16	65
Pretax Income	1,471	1,597	1,614	1,314	-254	591
Income Tax	359	401	373	319	129	186
Net Income	1,112	1,196	1,241	995	-383	405
Net Income Growth	-15.76%	-3.63%	24.72%	-	-	-25.69%
Shares Outstanding (Basic)	87	90	97	104	109	109
Shares Outstanding (Diluted)	88	91	98	104	109	110
Shares Change	-4.35%	-6.86%	-6.33%	-3.96%	-1.36%	-1.17%
EPS (Basic)	12.49	13.27	12.85	9.61	-3.53	3.71
EPS (Diluted)	12.39	13.14	12.70	9.54	-3.53	3.68
EPS Growth	-10.73%	3.46%	33.12%	-	-	-24.74%
Free Cash Flow	1,387	1,193	1,314	1,087	828	590
Free Cash Flow Per Share	15.89	13.24	13.60	10.50	7.62	5.40
Dividend Per Share	2.240	2.080	1.400	1.040	0.960	0.880
Dividend Growth	28.74%	48.57%	34.62%	8.33%	9.09%	39.68%
Gross Margin	28.76%	27.73%	26.80%	26.09%	22.82%	22.47%
Operating Margin	17.43%	18.72%	16.23%	16.92%	-1.96%	10.99%
Profit Margin	11.53%	12.36%	12.71%	11.71%	-5.43%	5.66%
Free Cash Flow Margin	14.38%	12.33%	13.46%	12.79%	11.74%	8.24%
Effective Tax Rate	24.41%	25.11%	23.11%	24.28%	-	31.47%
EBITDA	2,155	2,282	2,254	1,942	371	1,179
EBITDA Margin	22.34%	23.58%	23.09%	22.85%	5.26%	16.47%
Depreciation & Amortization	613	609	531	502	493	457
EBIT	1,542	1,673	1,723	1,440	-122	722
EBIT Margin	15.99%	17.29%	17.65%	16.95%	-1.73%	10.08%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).