Owens Corning
NYSE:OC
Income Statement
Earnings Waterfall
Owens Corning
Revenue
|
9.6B
USD
|
Cost of Revenue
|
-6.8B
USD
|
Gross Profit
|
2.9B
USD
|
Operating Expenses
|
-1B
USD
|
Operating Income
|
1.9B
USD
|
Other Expenses
|
-752m
USD
|
Net Income
|
1.1B
USD
|
Income Statement
Owens Corning
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
5 223
N/A
|
5 231
+0%
|
5 293
+1%
|
5 260
-1%
|
5 189
-1%
|
5 248
+1%
|
5 313
+1%
|
5 350
+1%
|
5 360
+0%
|
5 491
+2%
|
5 562
+1%
|
5 677
+2%
|
5 924
+4%
|
5 976
+1%
|
6 161
+3%
|
6 384
+4%
|
6 597
+3%
|
6 824
+3%
|
6 939
+2%
|
7 057
+2%
|
7 033
0%
|
7 127
+1%
|
7 192
+1%
|
7 160
0%
|
7 094
-1%
|
6 801
-4%
|
6 822
+0%
|
7 055
+3%
|
7 369
+4%
|
7 983
+8%
|
8 292
+4%
|
8 498
+2%
|
8 929
+5%
|
9 291
+4%
|
9 607
+3%
|
9 761
+2%
|
9 746
0%
|
9 708
0%
|
9 658
-1%
|
9 677
+0%
|
9 646
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4 236)
|
(4 263)
|
(4 327)
|
(4 284)
|
(4 238)
|
(4 237)
|
(4 213)
|
(4 197)
|
(4 144)
|
(4 159)
|
(4 191)
|
(4 261)
|
(4 440)
|
(4 504)
|
(4 633)
|
(4 790)
|
(4 984)
|
(5 200)
|
(5 299)
|
(5 406)
|
(5 420)
|
(5 496)
|
(5 551)
|
(5 536)
|
(5 485)
|
(5 289)
|
(5 294)
|
(5 419)
|
(5 597)
|
(5 936)
|
(6 120)
|
(6 266)
|
(6 518)
|
(6 758)
|
(6 973)
|
(7 103)
|
(7 119)
|
(7 047)
|
(6 943)
|
(6 892)
|
(6 771)
|
|
Gross Profit |
987
N/A
|
968
-2%
|
966
0%
|
976
+1%
|
951
-3%
|
1 011
+6%
|
1 100
+9%
|
1 153
+5%
|
1 216
+5%
|
1 332
+10%
|
1 371
+3%
|
1 416
+3%
|
1 484
+5%
|
1 472
-1%
|
1 528
+4%
|
1 594
+4%
|
1 613
+1%
|
1 624
+1%
|
1 640
+1%
|
1 651
+1%
|
1 613
-2%
|
1 631
+1%
|
1 641
+1%
|
1 624
-1%
|
1 609
-1%
|
1 512
-6%
|
1 528
+1%
|
1 636
+7%
|
1 772
+8%
|
2 047
+16%
|
2 172
+6%
|
2 232
+3%
|
2 411
+8%
|
2 533
+5%
|
2 634
+4%
|
2 658
+1%
|
2 627
-1%
|
2 661
+1%
|
2 715
+2%
|
2 785
+3%
|
2 875
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(529)
|
(538)
|
(527)
|
(545)
|
(560)
|
(559)
|
(580)
|
(616)
|
(608)
|
(626)
|
(648)
|
(669)
|
(693)
|
(672)
|
(702)
|
(724)
|
(746)
|
(848)
|
(850)
|
(859)
|
(815)
|
(781)
|
(800)
|
(845)
|
(823)
|
(743)
|
(742)
|
(746)
|
(705)
|
(727)
|
(749)
|
(776)
|
(836)
|
(825)
|
(829)
|
(983)
|
(882)
|
(941)
|
(1 114)
|
(993)
|
(1 011)
|
|
Selling, General & Administrative |
(529)
|
(525)
|
(507)
|
(487)
|
(484)
|
(484)
|
(504)
|
(525)
|
(528)
|
(547)
|
(557)
|
(578)
|
(587)
|
(592)
|
(610)
|
(614)
|
(652)
|
(684)
|
(684)
|
(693)
|
(695)
|
(690)
|
(696)
|
(698)
|
(695)
|
(665)
|
(664)
|
(664)
|
(659)
|
(695)
|
(718)
|
(755)
|
(765)
|
(773)
|
(786)
|
(796)
|
(813)
|
(824)
|
(826)
|
(829)
|
(837)
|
|
Research & Development |
(78)
|
(78)
|
(77)
|
(76)
|
(74)
|
(72)
|
(72)
|
(73)
|
(75)
|
(78)
|
(80)
|
(82)
|
(84)
|
(84)
|
(86)
|
(85)
|
(87)
|
(88)
|
(87)
|
(89)
|
(88)
|
(88)
|
(88)
|
(87)
|
(86)
|
(82)
|
(81)
|
(82)
|
(81)
|
(85)
|
(86)
|
(91)
|
(94)
|
(96)
|
(101)
|
(106)
|
(111)
|
(115)
|
(118)
|
(123)
|
(126)
|
|
Other Operating Expenses |
78
|
65
|
57
|
18
|
(2)
|
(3)
|
(4)
|
(18)
|
(5)
|
(1)
|
(11)
|
(9)
|
(22)
|
4
|
(6)
|
(25)
|
(7)
|
(76)
|
(79)
|
(77)
|
(32)
|
(3)
|
(16)
|
(60)
|
(42)
|
4
|
1
|
0
|
35
|
53
|
55
|
70
|
23
|
44
|
58
|
(81)
|
42
|
(2)
|
(170)
|
(41)
|
(48)
|
|
Operating Income |
458
N/A
|
430
-6%
|
439
+2%
|
431
-2%
|
391
-9%
|
452
+16%
|
520
+15%
|
537
+3%
|
608
+13%
|
706
+16%
|
723
+2%
|
747
+3%
|
791
+6%
|
800
+1%
|
826
+3%
|
870
+5%
|
867
0%
|
776
-10%
|
790
+2%
|
792
+0%
|
798
+1%
|
850
+7%
|
841
-1%
|
779
-7%
|
786
+1%
|
769
-2%
|
786
+2%
|
890
+13%
|
1 067
+20%
|
1 320
+24%
|
1 423
+8%
|
1 456
+2%
|
1 575
+8%
|
1 708
+8%
|
1 805
+6%
|
1 675
-7%
|
1 745
+4%
|
1 720
-1%
|
1 601
-7%
|
1 792
+12%
|
1 864
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(113)
|
(114)
|
(107)
|
(116)
|
(117)
|
(109)
|
(108)
|
(95)
|
(98)
|
(105)
|
(103)
|
(109)
|
(109)
|
(108)
|
(112)
|
(112)
|
(109)
|
(71)
|
(62)
|
(62)
|
(110)
|
(144)
|
(125)
|
(96)
|
(84)
|
(126)
|
(128)
|
(132)
|
(138)
|
(135)
|
(131)
|
(126)
|
(121)
|
(114)
|
19
|
21
|
(103)
|
(100)
|
(89)
|
(76)
|
(71)
|
|
Non-Reccuring Items |
(19)
|
(37)
|
(51)
|
(83)
|
(91)
|
(67)
|
(47)
|
11
|
4
|
(11)
|
(20)
|
(48)
|
(41)
|
(70)
|
(146)
|
(139)
|
(159)
|
(128)
|
(51)
|
(40)
|
(17)
|
(10)
|
(34)
|
(59)
|
(1 055)
|
(1 059)
|
(1 027)
|
(1 028)
|
(37)
|
(33)
|
(47)
|
(29)
|
(6)
|
(77)
|
(77)
|
(91)
|
63
|
88
|
61
|
20
|
(183)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(29)
|
(25)
|
(60)
|
(81)
|
(49)
|
(49)
|
14
|
12
|
12
|
10
|
(34)
|
(32)
|
(32)
|
(30)
|
14
|
13
|
13
|
13
|
12
|
11
|
10
|
8
|
9
|
7
|
5
|
4
|
(145)
|
(145)
|
|
Pre-Tax Income |
326
N/A
|
279
-14%
|
281
+1%
|
232
-17%
|
183
-21%
|
276
+51%
|
365
+32%
|
453
+24%
|
514
+13%
|
590
+15%
|
600
+2%
|
590
-2%
|
641
+9%
|
593
-7%
|
543
-8%
|
559
+3%
|
518
-7%
|
528
+2%
|
628
+19%
|
704
+12%
|
683
-3%
|
708
+4%
|
692
-2%
|
590
-15%
|
(385)
N/A
|
(448)
-16%
|
(399)
+11%
|
(256)
+36%
|
905
N/A
|
1 165
+29%
|
1 258
+8%
|
1 313
+4%
|
1 459
+11%
|
1 527
+5%
|
1 755
+15%
|
1 614
-8%
|
1 712
+6%
|
1 713
+0%
|
1 577
-8%
|
1 591
+1%
|
1 465
-8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(23)
|
(5)
|
(6)
|
(5)
|
(57)
|
(80)
|
(108)
|
(120)
|
(141)
|
(170)
|
(180)
|
(188)
|
(197)
|
(191)
|
(158)
|
(187)
|
(155)
|
(137)
|
(172)
|
(156)
|
(184)
|
(194)
|
(188)
|
(186)
|
(171)
|
(151)
|
(146)
|
(129)
|
(164)
|
(222)
|
(260)
|
(319)
|
(367)
|
(389)
|
(409)
|
(373)
|
(396)
|
(398)
|
(394)
|
(401)
|
(359)
|
|
Income from Continuing Operations |
303
|
274
|
275
|
227
|
126
|
196
|
257
|
333
|
373
|
420
|
420
|
402
|
444
|
402
|
385
|
372
|
363
|
391
|
456
|
548
|
499
|
514
|
504
|
404
|
(556)
|
(599)
|
(545)
|
(385)
|
741
|
943
|
998
|
994
|
1 092
|
1 138
|
1 346
|
1 241
|
1 316
|
1 315
|
1 183
|
1 190
|
1 106
|
|
Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(4)
|
(3)
|
(2)
|
(1)
|
(1)
|
(2)
|
(3)
|
(2)
|
(2)
|
(1)
|
(1)
|
0
|
(1)
|
0
|
1
|
2
|
3
|
2
|
3
|
0
|
(3)
|
(3)
|
(3)
|
0
|
4
|
5
|
4
|
3
|
3
|
|
Equity Earnings Affiliates |
0
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
0
|
1
|
1
|
(3)
|
0
|
(4)
|
(4)
|
0
|
0
|
(2)
|
(1)
|
(1)
|
0
|
1
|
0
|
1
|
1
|
1
|
2
|
0
|
0
|
1
|
(1)
|
1
|
0
|
(1)
|
1
|
0
|
0
|
2
|
2
|
3
|
0
|
|
Net Income (Common) |
302
N/A
|
274
-9%
|
275
+0%
|
226
-18%
|
124
-45%
|
194
+56%
|
254
+31%
|
330
+30%
|
369
+12%
|
416
+13%
|
416
N/A
|
393
-6%
|
437
+11%
|
395
-10%
|
379
-4%
|
289
-24%
|
280
-3%
|
305
+9%
|
370
+21%
|
545
+47%
|
497
-9%
|
514
+3%
|
503
-2%
|
405
-19%
|
(556)
N/A
|
(598)
-8%
|
(542)
+9%
|
(383)
+29%
|
744
N/A
|
946
+27%
|
1 000
+6%
|
995
-1%
|
1 089
+9%
|
1 134
+4%
|
1 344
+19%
|
1 241
-8%
|
1 320
+6%
|
1 322
+0%
|
1 189
-10%
|
1 196
+1%
|
1 112
-7%
|
|
EPS (Diluted) |
2.54
N/A
|
2.31
-9%
|
2.32
+0%
|
1.91
-18%
|
1.05
-45%
|
1.64
+56%
|
2.15
+31%
|
2.79
+30%
|
3.16
+13%
|
3.56
+13%
|
3.6
+1%
|
3.41
-5%
|
3.85
+13%
|
3.49
-9%
|
3.35
-4%
|
2.55
-24%
|
2.48
-3%
|
2.72
+10%
|
3.33
+22%
|
4.89
+47%
|
4.51
-8%
|
4.69
+4%
|
4.57
-3%
|
3.68
-19%
|
-5.11
N/A
|
-5.49
-7%
|
-4.94
+10%
|
-3.53
+29%
|
7.01
N/A
|
8.96
+28%
|
9.62
+7%
|
9.54
-1%
|
10.86
+14%
|
11.52
+6%
|
13.84
+20%
|
12.7
-8%
|
14.36
+13%
|
14.47
+1%
|
13.08
-10%
|
13.14
+0%
|
12.65
-4%
|