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Owens Corning OC Shares (Diluted)

Discontinued — last reported Q3 '24

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Other financials

Income statement

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Revenue$2.8B+0.3%
Gross profit$793.0M-7.6%
Operating income$482.0M-4.6%
Net income$226.0M-37.7%
EPS (diluted)$2.80-34.1%

Balance sheet

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Cash & equivalents$271.0M+17.8%
Total debt$4.8B-19.3%
Total equity$3.8B-26.9%
Total assets$12.7B-12.1%

Cash flow

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Operating cash flow$398.0M+21.7%
CapEx$199.0M+0.5%
Free cash flow-$387.0M-53.6%

Valuation

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Market cap$12.28B-0.6%
Enterprise value$16.8B-7.0%
P/S1.3×+0.1×

Profitability

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Gross margin26%-4.0pp
Operating margin7.6%-9.6pp
Net margin-6.8%
FCF margin8.4%-2.4pp

Returns & leverage

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Return on equity-15%
Debt / equity1.3×+0.1×
Current ratio1.2×-0.4×

Where this comes from

Reported directly by Owens Corning in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding.

The source filing: Owens Corning’s 10-Q, filed November 6, 2024.

Filed
Nov 6, 2024
Fiscal quarter
Q3 FY2024
Calendar quarter
Q3 2024
Accession
0001370946-24-000239
Line itemThree Months Ended September 30, 2024Three Months Ended September 30, 2023Nine Months Ended September 30, 2024Nine Months Ended September 30, 2023
Net loss attributable to non-redeemable and redeemable noncontrolling interests(2)
NET EARNINGS ATTRIBUTABLE TO OWENS CORNING$321$337$905$1,065
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO OWENS CORNING COMMON STOCKHOLDERS
Basic$3.69$3.74$10.38$11.75
Diluted$3.65$3.71$10.28$11.64
WEIGHTED AVERAGE COMMON SHARES
Basic87.090.087.290.6
Diluted87.990.988.091.5

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Owens Corning's shares (diluted)?
Owens Corning (OC) reported shares (diluted) of 87.9M in Q3 2024.
How has Owens Corning's shares (diluted) changed year-over-year?
Owens Corning's shares (diluted) decreased by 3.3% year-over-year, from 90.9M to 87.9M.
What is the long-term trend for Owens Corning's shares (diluted)?
Over 2 years (2021 to 2023), Owens Corning's shares (diluted) has grown at a -6.7% compound annual growth rate (CAGR), from 419.7M to 365.1M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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