Owens Corning, together with its subsidiaries, produces and sells glass fiber reinforcements and other materials for composites; and residential and commercial building materials worldwide. It operates in three segments: Composites, Insulation, and Roofing. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber; and manufactures and sells glass fiber products in the form of fabrics, non-wovens, and other specialized products. Its products are used in pipe, roofing shingles, sporting goods, consumer electronics, telecommunications cables, boats, aviation, defense, automotive, industrial containers, and wind-energy applications in the building and construction, transportation, consumer, industrial, and power and energy markets. The Insulation segment manufactures and sells fiberglass insulation into residential, commercial, industrial, and other markets for thermal and acoustical applications; and manufactures and sells glass fiber pipe insulation, flexible duct media, bonded and granulated mineral fiber insulation, cellular glass insulation, and foam insulation used in above- and below-grade construction applications. This segment sells its products primarily to the insulation installers, home centers, lumberyards, retailers, and distributors. The Roofing segment manufactures and sells residential roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction, and specialty applications, as well as synthetic packaging materials. This segment sells its products through home centers, lumberyards, retailers, distributors, and contractors, as well as to roofing contractors for built-up roofing asphalt systems and to manufacturers in automotive, chemical, rubber, and construction industries. Owens Corning was founded in 1938 and is headquartered in Toledo, Ohio.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Abrasive, asbestos, & miscellaneous nonmetallic mineral products
Sub-IndustryBuilding Products
SectorConstruction
SymbolNYSE:OC
CUSIP69074210
Phone419-248-8000
Debt
Debt-to-Equity Ratio0.87
Current Ratio1.59
Quick Ratio0.88
Price-To-Earnings
Trailing P/E Ratio13.45
Forward P/E Ratio11.05
P/E Growth0.67
Sales & Book Value
Annual Sales$6.38 billion
Price / Sales1.01
Cash Flow$7.8070 per share
Price / Cash7.46
Book Value$37.79 per share
Price / Book1.54
Profitability
EPS (Most Recent Fiscal Year)$4.40
Net Income$289 million
Net Margins4.47%
Return on Equity11.72%
Return on Assets5.19%
Miscellaneous
Employees17,000
Outstanding Shares110,910,000
Market Cap$6.46 billion
