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Owens Corning OC Consolidation — Redeemable Noncontrolling Interest Equity Carrying Amount

Discontinued — last reported Q4 '17

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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%
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:RedeemableNoncontrollingInterestEquityCarryingAmount.

The official record: Owens Corning’s 10-K, filed February 21, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation — redeemable noncontrolling interest equity carrying amount mean?
The adjustment to remove internal equity values related to redeemable minority interests.
How do you interpret consolidation — redeemable noncontrolling interest equity carrying amount?
Changes reflect adjustments in the valuation or ownership structure of noncontrolling interests within the consolidated group.
How does consolidation — redeemable noncontrolling interest equity carrying amount compare across companies?
Relevant for companies with complex joint ventures or partially-owned subsidiaries.