Owens Corning (OC)
NYSE: OC · Abrasive, Asbestos & Misc Nonmetallic Mineral Prods · Toledo, OH · filing with the SEC since 2006
Grade5.1
◀ Past 6.2● Present 4.4▶ Future 5.1
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
| Report filed | Feb 25, 2026 | Feb 24, 2025 | Feb 14, 2024 | Feb 15, 2023 | Feb 16, 2022 | Feb 17, 2021 | Feb 19, 2020 | Feb 20, 2019 | Feb 21, 2018 | Feb 8, 2017 |
| Revenue | 10,103 | 9,851r | 8,372r | 9,761 | 8,498 | 7,055 | 7,160 | 7,057 | 6,384 | 5,677 |
| Cost of revenue | 7,265 | 6,810r | 5,942r | 7,145 | 6,281 | 5,445 | 5,551 | 5,425 | 4,815 | 4,300 |
| Gross profit | 2,838 | 3,041r | 2,430r | 2,616 | 2,217 | 1,610 | 1,609 | 1,632 | 1,569r | 1,377r |
| Research and development | 150 | 131r | 110r | 106 | 91 | 82 | 87 | 89 | 85 | 82 |
| Selling, general and administrative | 1,014 | 959 | 748 | · | · | · | · | · | · | · |
| Total operating expenses | 2,478 | 1,559r | 791r | 902 | 779 | 1,748 | 822 | 825 | 772r | 680r |
| Operating income | 360 | 1,482r | 1,639r | 1,714 | 1,438 | -138 | 787 | 807 | 797r | 697r |
| Interest expense | 256 | 208r | 74r | 109 | 126 | 132 | 131 | 117 | 107 | 108 |
| Share of profit of equity-method investments | · | 0 | 0 | 130 | 0r | 0 | 1 | -1 | 0 | -3 |
| Income before income taxes | 104 | 1,275r | 1,422r | 1,614 | 1,313 | -256 | 590 | 704 | 559 | 590 |
| Income tax expense | 293 | 334r | 364r | 373 | 319 | 129 | 186 | 156 | 269 | 188 |
| Income from continuing operations | -188 | 947 | 1,064 | · | · | · | · | · | · | · |
| Income from discontinued operations | -334 | -300 | 132 | · | · | · | · | · | · | · |
| Net income including non-controlling interests | -522 | 647 | 1,193 | 1,241 | 995 | -385 | 405 | 547 | 290 | 399 |
| Net income to non-controlling interests | 0 | 0 | -3 | 0 | 0 | -2 | 0 | 2 | 1 | 6 |
| Net income | -522 | 647 | 1,196 | 1,241 | 995 | -383 | 405 | 545 | 289 | 393 |
| Earnings per share, basic | -6.22 | 7.45 | 13.27 | 12.85 | 9.61 | -3.53 | 3.71 | 4.94 | 2.59 | 3.44 |
| Earnings per share, diluted | -6.22 | 7.37 | 13.14 | 12.70 | 9.54 | -3.53 | 3.68 | 4.89 | 2.55 | 3.41 |
| Weighted average shares, basic | 84.0 | 86.9 | 90.1 | 96.6 | 103.5 | 108.6 | 109.2 | 110.4 | 111.5 | 114.4 |
| Weighted average shares, diluted | 84.0 | 87.8 | 91.0 | 97.7 | 104.3 | 108.6 | 110.1 | 111.4 | 113.2 | 115.4 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:RevenuesCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSoldGross profit revenue less the cost of what it sold
us-gaap:GrossProfitResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperationsIncome from discontinued operations profit or loss from businesses it sold or closed
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntityNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding