Owens Corning (OC) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Construction
EV/EBITDA
↑
6.68
+7% vs avg
5yr avg: 6.23
30Y Low4.6·High11.5
P/FCF
↑
10.18
+6% vs avg
5yr avg: 9.61
30Y Low6.3·High74.6
P/B Ratio
↑
2.61
+10% vs avg
5yr avg: 2.38
30Y Low0.6·High2.9
ROE
↓
-11.6%
↑-175% vs avg
5yr avg: 15.4%
30Y Low-24%·High29%
Debt/EBITDA
↑
2.64
↑+44% vs avg
5yr avg: 1.84
30Y Low0.1·High4.4
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
OC Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Owens Corning currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 10.2x P/FCF, 6% above the 5-year average of 9.6x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $9.8B | $9.3B | $15.0B | $13.5B | $8.3B | $9.4B | $8.2B | $7.2B | $4.9B | $10.4B | $6.0B |
| Enterprise Value | $15.6B | $15.1B | $20.2B | $15.1B | $10.5B | $11.6B | $10.8B | $10.2B | $8.2B | $12.6B | $7.9B |
| P/E Ratio → | -19.46 | — | 23.14 | 11.28 | 6.72 | 9.49 | — | 17.70 | 8.99 | 36.05 | 15.12 |
| P/S Ratio | 0.97 | 0.92 | 1.36 | 1.39 | 0.85 | 1.11 | 1.17 | 1.00 | 0.69 | 1.63 | 1.05 |
| P/B Ratio | 2.61 | 2.40 | 2.92 | 2.59 | 1.80 | 2.18 | 2.09 | 1.53 | 1.13 | 2.48 | 1.53 |
| P/FCF | 10.18 | 9.71 | 12.03 | 11.31 | 6.34 | 8.68 | 9.94 | 12.15 | 18.42 | 15.33 | 10.44 |
| P/OCF | 5.48 | 5.23 | 7.91 | 7.85 | 4.74 | 6.28 | 7.25 | 6.91 | 6.10 | 10.24 | 6.31 |
P/E links to full P/E history page with 30-year chart
OC EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Owens Corning's enterprise value stands at 6.7x EBITDA, 7% above its 5-year average of 6.2x. The Industrials sector median is 13.8x, placing the stock at a 51% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.50 | 1.84 | 1.57 | 1.07 | 1.36 | 1.53 | 1.42 | 1.16 | 1.97 | 1.40 |
| EV / EBITDA | 6.68 | 6.49 | 7.41 | 6.35 | 4.58 | 6.32 | 7.98 | 7.89 | 6.29 | 9.94 | 7.19 |
| EV / EBIT | 9.07 | 41.94 | 17.95 | 9.09 | 6.56 | 8.03 | — | 13.88 | 9.82 | 18.88 | 11.39 |
| EV / FCF | — | 15.74 | 16.25 | 12.70 | 7.96 | 10.67 | 13.03 | 17.27 | 30.76 | 18.51 | 13.93 |
OC Profitability
Margins and return-on-capital ratios measuring operating efficiency
Owens Corning earns an operating margin of 17.0%, above the Industrials sector average of 4.9%. Operating margins have compressed from 19.5% to 17.0% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -11.6% indicates the company is currently destroying shareholder equity. ROIC of 12.9% represents solid returns on invested capital versus a sector median of 6.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 28.5% | 28.5% | 30.0% | 29.3% | 27.8% | 26.1% | 23.3% | 22.7% | 23.4% | 25.0% | 25.0% |
| Operating Margin | 17.0% | 17.0% | 19.2% | 19.5% | 18.5% | 16.1% | 12.7% | 11.8% | 12.3% | 14.0% | 13.4% |
| Net Profit Margin | -5.2% | -5.2% | 5.9% | 12.4% | 12.7% | 11.7% | -5.4% | 5.7% | 7.7% | 4.5% | 6.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -11.6% | -11.6% | 12.5% | 24.3% | 27.7% | 24.0% | -8.9% | 9.0% | 12.8% | 7.1% | 10.3% |
| ROA | -3.9% | -3.9% | 5.1% | 10.9% | 12.0% | 10.2% | -3.9% | 4.1% | 5.9% | 3.5% | 5.2% |
| ROIC | 12.9% | 12.9% | 18.3% | 20.8% | 20.5% | 15.8% | 9.5% | 8.3% | 9.3% | 10.9% | 10.0% |
| ROCE | 15.6% | 15.6% | 20.4% | 21.5% | 21.3% | 16.7% | 10.7% | 9.8% | 10.9% | 12.7% | 11.7% |
OC Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Owens Corning carries a Debt/EBITDA ratio of 2.6x, which is moderately leveraged (17% below the sector average of 3.2x). Net debt stands at $5.8B ($6.2B total debt minus $353M cash). Interest coverage of just 1.4x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.58 | 1.58 | 1.10 | 0.63 | 0.70 | 0.72 | 0.83 | 0.68 | 0.78 | 0.57 | 0.54 |
| Debt / EBITDA | 2.64 | 2.64 | 2.06 | 1.37 | 1.41 | 1.70 | 2.43 | 2.47 | 2.59 | 1.91 | 1.90 |
| Net Debt / Equity | — | 1.49 | 1.03 | 0.32 | 0.46 | 0.50 | 0.65 | 0.65 | 0.76 | 0.51 | 0.51 |
| Net Debt / EBITDA | 2.49 | 2.49 | 1.93 | 0.70 | 0.93 | 1.18 | 1.90 | 2.34 | 2.53 | 1.71 | 1.80 |
| Debt / FCF | — | 6.03 | 4.22 | 1.39 | 1.62 | 1.99 | 3.10 | 5.12 | 12.35 | 3.19 | 3.49 |
| Interest Coverage | 1.41 | 1.41 | 5.32 | 21.93 | 14.62 | 11.46 | -0.88 | 5.60 | 7.12 | 6.22 | 6.45 |
OC Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.26x means Owens Corning can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.70x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 1.69x to 1.26x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.26 | 1.26 | 1.47 | 1.69 | 1.69 | 1.82 | 1.81 | 1.55 | 1.58 | 1.55 | 1.65 |
| Quick Ratio | 0.70 | 0.70 | 0.78 | 1.17 | 1.06 | 1.19 | 1.22 | 0.77 | 0.74 | 0.89 | 0.91 |
| Cash Ratio | 0.13 | 0.13 | 0.16 | 0.69 | 0.52 | 0.57 | 0.50 | 0.13 | 0.06 | 0.19 | 0.12 |
| Asset Turnover | — | 0.78 | 0.78 | 0.86 | 0.91 | 0.85 | 0.74 | 0.72 | 0.72 | 0.74 | 0.73 |
| Inventory Turnover | 4.90 | 4.90 | 4.84 | 5.71 | 5.29 | 5.83 | 6.33 | 5.36 | 5.04 | 5.70 | 5.99 |
| Days Sales Outstanding | — | 33.85 | 41.37 | 37.23 | 35.94 | 40.33 | 47.55 | 39.25 | 41.07 | 46.08 | 43.59 |
OC Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Owens Corning returns 10.6% to shareholders annually — split between a 2.3% dividend yield and 8.3% buyback yield.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.3% | 2.5% | 1.4% | 1.4% | 1.6% | 1.1% | 1.3% | 1.3% | 1.9% | 0.9% | 1.4% |
| Payout Ratio | — | — | 32.1% | 15.7% | 11.0% | 10.9% | — | 23.5% | 16.9% | 30.8% | 20.6% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 4.3% | 8.9% | 14.9% | 10.5% | — | 5.7% | 11.1% | 2.8% | 6.6% |
| FCF Yield | 9.8% | 10.3% | 8.3% | 8.8% | 15.8% | 11.5% | 10.1% | 8.2% | 5.4% | 6.5% | 9.6% |
| Buyback Yield | 8.3% | 8.7% | 3.3% | 4.9% | 9.5% | 6.0% | 3.9% | 0.9% | 4.8% | 1.5% | 4.2% |
| Total Shareholder Yield | 10.6% | 11.2% | 4.7% | 6.3% | 11.2% | 7.2% | 5.1% | 2.2% | 6.7% | 2.4% | 5.5% |
| Shares Outstanding | — | $83M | $88M | $91M | $98M | $104M | $109M | $110M | $111M | $113M | $115M |
Peer Comparison
Compare OC with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 OCYou | $10B | -19.5 | 6.7 | 10.2 | 28.5% | 17.0% | -11.6% | 12.9% | 2.6 |
 IBP | $6B | 22.3 | 13.4 | 19.4 | 34.0% | 13.0% | 37.5% | 20.7% | 2.1 |
 ROCK | $1B | 11.6 | 7.2 | 9.2 | 26.9% | 10.8% | 9.8% | 10.4% | 0.7 |
 AAON | $11B | 100.2 | 48.8 | — | 26.7% | 10.1% | 12.5% | 9.4% | 1.9 |
 AWI | $7B | 23.3 | 17.2 | 28.6 | 40.6% | 26.6% | 37.2% | 24.9% | 1.2 |
 TREX | $4B | 22.0 | 13.5 | 30.6 | 39.2% | 22.0% | 20.2% | 16.4% | 0.7 |
 CRH | $75B | 20.4 | 12.1 | 29.9 | 36.1% | 14.2% | 15.7% | 10.7% | 2.6 |
 MLM | $36B | 31.9 | 19.2 | 37.0 | 30.0% | 23.3% | 11.7% | 7.6% | 2.5 |
 VMC | $37B | 35.6 | 18.3 | 33.0 | 27.3% | 20.1% | 13.0% | 8.8% | 2.3 |
 FBIN | $5B | 15.8 | 10.1 | 12.8 | 44.8% | 11.6% | 12.4% | 8.1% | 3.7 |
 MAS | $15B | 18.6 | 12.2 | 16.8 | 35.5% | 16.8% | 7363.6% | 35.4% | 2.4 |
| Industrials Median | — | 25.5 | 13.8 | 20.7 | 32.7% | 4.9% | 8.2% | 6.3% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonOC — Frequently Asked Questions
Quick answers to the most common questions about buying OC stock.
What is Owens Corning's P/E ratio?
Owens Corning's current P/E ratio is -19.5x. The historical average is 18.9x.
What is Owens Corning's EV/EBITDA?
Owens Corning's current EV/EBITDA is 6.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.7x.
What is Owens Corning's ROE?
Owens Corning's return on equity (ROE) is -11.6%. The historical average is 7.1%.
Is OC stock overvalued?
Based on historical data, Owens Corning is trading at a P/E of -19.5x. Compare with industry peers and growth rates for a complete picture.
What is Owens Corning's dividend yield?
Owens Corning's current dividend yield is 2.28%.
What are Owens Corning's profit margins?
Owens Corning has 28.5% gross margin and 17.0% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Owens Corning have?
Owens Corning's Debt/EBITDA ratio is 2.6x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.