What does consolidation — comprehensive income net of tax mean?

The net adjustment to comprehensive income made to remove the effects of intercompany transactions.

How do you interpret consolidation — comprehensive income net of tax?

Changes reflect shifts in the scale of intercompany activity or changes in the tax treatment of internal transfers.

How does consolidation — comprehensive income net of tax compare across companies?

Standard accounting practice for all multi-segment corporations to prevent double-counting of income.

Owens Corning OC Consolidation — Comprehensive Income Net Of Tax

Discontinued — last reported Q1 '18

Similar metrics at other companies

OSKConsolidation Eliminations — Comprehensive Income Net Of Tax

-$10.1M+87.0%

WYConsolidation Eliminations — Comprehensive Income Net Of Tax

$3M-40.0%

SSNCConsolidation Eliminations — Comprehensive Income Net Of Tax

-$106.15M+0.3%

TOLConsolidation Eliminations — Comprehensive Income Net Of Tax

-$328.94M-50.4%

ATIConsolidation Eliminations — Comprehensive Income Net Of Tax

-$134.7M-163%

WLKConsolidation Eliminations — Comprehensive Income Net Of Tax

-$232M-16.0%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$154.0M-214%

CapEx$233.0M+14.8%

Free cash flow-$387.0M-53.6%

Valuation

See full

Market cap$10.32B-28.8%

Enterprise value$15.63B-21.2%

P/S1.1×-0.3×

Profitability

See full

Gross margin26.7%-3.6pp

Operating margin7.6%-9.6pp

Net margin-5.4%—

FCF margin8.4%-2.4pp

Returns & leverage

See full

Return on equity-12.5%—

Debt / equity1.5×+0.3×

Current ratio1.2×-0.2×

Where this comes from

Reported directly by Owens Corning in its filing.

Tagged under the XBRL concept us-gaap:ComprehensiveIncomeNetOfTax.

The official record: Owens Corning’s 10-Q, filed April 25, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation — comprehensive income net of tax mean?: The net adjustment to comprehensive income made to remove the effects of intercompany transactions.
How do you interpret consolidation — comprehensive income net of tax?: Changes reflect shifts in the scale of intercompany activity or changes in the tax treatment of internal transfers.
How does consolidation — comprehensive income net of tax compare across companies?: Standard accounting practice for all multi-segment corporations to prevent double-counting of income.