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Owens Corning OC Debt-to-equity

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Other financials

Income statement

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Revenue$2.3B-10.5%
Gross profit$510.0M-29.7%
Operating income$120.0M-70.5%
Net income-$105.0M-12.9%
EPS (diluted)-$1.29-19.4%

Balance sheet

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Cash & equivalents$272.0M-32.0%
Total debt$5.6B-6.4%
Total equity$3.6B-25.4%
Total assets$13.1B-8.2%

Cash flow

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Operating cash flow-$154.0M-214%
CapEx$233.0M+14.8%
Free cash flow-$387.0M-53.6%

Valuation

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Market cap$10.32B-28.8%
Enterprise value$15.63B-21.2%
P/S1.1×-0.3×

Profitability

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Gross margin26.7%-3.6pp
Operating margin7.6%-9.6pp
Net margin-5.4%
FCF margin8.4%-2.4pp

Returns & leverage

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Return on equity-12.5%
Current ratio1.2×-0.2×

Where this comes from

Calculated from Owens Corning’s reported figures.

Based on the most recent quarter.

The official record: Owens Corning’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Owens Corning's debt-to-equity?
Owens Corning (OC) reported debt-to-equity of 1.5× in Q1 2026.
How has Owens Corning's debt-to-equity changed year-over-year?
Owens Corning's debt-to-equity increased by 25.4% year-over-year, from 1.2× to 1.5×.
What is the long-term trend for Owens Corning's debt-to-equity?
Over 5 years (2020 to 2025), Owens Corning's debt-to-equity has grown at a 9.7% compound annual growth rate (CAGR), from 0.9× to 1.4×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.