Owens Corning Owens Corning [OC] has reported $286 million quarterly profit, an decrease of $51 million from the previous quarter, the company said in a filing to the SEC for the Q2 ended Jun 30, 2024.
Owens Corning reported the quarterly diluted earnings per share (EPS) fell by -12.67 percent to $3.2 from $3.7 in the previous quarter.
Dollars in millions | Jun 30, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
|---|
Income Statement |
| Revenue | $2,789.0 | $9,677.0 | $2,479.0 | $2,563.0 |
| Operating Profit | $457.0 | $1,812.0 | $462.0 | $487.0 |
| Net Income | $286.0 | $1,193.0 | $337.0 | $344.0 |
| Net Cash | -$1,349.0 | $516.0 | $0.0 | -$130.0 |
| Gross Margin | $867.0 | $2,683.0 | $727.0 | $752.0 |
| Operating Margin | $0.0 | $0.0 | $0.0 | $0.0 |
| Profit as % of Revenues | 303.15 | 27.73 | 29.33 | 29.34 |
| Profit as % of Assets | 3.22 | 10.85 | 3.09 | 3.16 |
| Profit as % of Stockholder Equity | 5.18 | 23.01 | 6.58 | 6.83 |
| Return on Equity | 5.18 | 23.01 | 6.58 | 6.83 |
| Return on Assets | 1.91 | 10.62 | 3.04 | 3.13 |
| Turnover Ratio | 31.37 | 0.88 | 0.23 | 0.24 |
Balance Sheet |
| Total Assets | $14,991.0 | $11,237.0 | $11,069.0 | $11,001.0 |
| Total Liabilities | $9,466.0 | $6,027.0 | $5,919.0 | $5,942.0 |
Cash Flow Statement |
| Operating Cash Flow | $517.0 | $1,719.0 | $0.0 | $330.0 |
| Investing Cash Flow | -$3,154.0 | -$356.0 | $0.0 | -$102.0 |
| Financing Cash Flow | $1,321.0 | -$877.0 | $0.0 | -$385.0 |
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