Owens Corning (OC) Key Metrics
OC valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $8.92B
- Enterprise value
- $15.17B
- P/E (TTM)
- — 10-yr median 13.2
- Forward P/E
- 10.1
- PEG ratio
- 1.62
- Price / sales
- 0.9 10-yr median 1.1
- Price / book
- 2.6 10-yr median 2.2
- EV / EBITDA
- 19.9 10-yr median 8.1
- Dividend yield
- 2.80% $3.16 a year
- Beta
- 1.32
OC key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsOC valuation Price multiples at each fiscal year-end price.
OC returns How much profit the business earns on the capital it uses.
OC per-share figures Results divided by the shares outstanding at year-end.
OC financial health Debt, liquidity and how easily interest is covered.
OC efficiency & capital use Working capital cycle and where the cash goes.
OC valuation history
OC returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
OC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
OC cash returned to shareholders
OC price vs earnings per share
OC key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $9.34B | $14.97B | $13.49B | $8.33B | $9.44B | $8.23B | $7.17B | $4.90B | $10.41B | $5.95B |
| Enterprise value | $15.14B | $15.11B | $15.15B | $10.46B | $11.60B | $10.79B | $10.19B | $8.21B | $12.57B | $7.94B |
| P/E ratio | — | 23.1 | 11.3 | 6.7 | 9.5 | — | 17.7 | 9.0 | 36.0 | 15.1 |
| Price / sales | 0.9 | 1.4 | 1.4 | 0.9 | 1.1 | 1.2 | 1.0 | 0.7 | 1.6 | 1.0 |
| Price / book | 2.4 | 2.9 | 2.6 | 1.8 | 2.2 | 2.1 | 1.5 | 1.1 | 2.5 | 1.5 |
| Price / free cash flow | 9.7 | 12.0 | 11.3 | 6.3 | 8.7 | 9.9 | 12.2 | 18.4 | 15.3 | 10.4 |
| Price / operating cash flow | 5.2 | 7.9 | 7.8 | 4.7 | 6.3 | 7.2 | 6.9 | 6.1 | 10.2 | 6.3 |
| EV / sales | 1.5 | 1.4 | 1.6 | 1.1 | 1.4 | 1.5 | 1.4 | 1.2 | 2.0 | 1.4 |
| EV / EBITDA | 15.5 | 8.6 | 7.0 | 5.1 | 6.1 | 31.6 | 8.6 | 6.5 | 12.1 | 7.6 |
| EV / free cash flow | 15.7 | 12.1 | 12.7 | 8.0 | 10.7 | 13.0 | 17.3 | 30.9 | 18.5 | 13.9 |
| Earnings yield | −5.6% | 4.3% | 8.9% | 14.9% | 10.5% | −4.7% | 5.6% | 11.1% | 2.8% | 6.6% |
| Free cash flow yield | 10.3% | 8.3% | 8.8% | 15.8% | 11.5% | 10.1% | 8.2% | 5.4% | 6.5% | 9.6% |
| Dividend yield | 2.5% | 1.4% | 1.4% | 1.6% | 1.1% | 1.3% | 1.3% | 1.9% | 0.9% | 1.4% |
| Shareholder yield (dividends + buybacks) | 11.2% | 4.7% | 6.3% | 11.2% | 7.2% | 5.1% | 2.2% | 6.7% | 2.4% | 5.5% |
| Share price at fiscal year-end | $111.91 | $170.32 | $148.23 | $85.30 | $90.50 | $75.76 | $65.12 | $43.98 | $91.94 | $51.56 |
| Per share | ||||||||||
| Revenue per share | $121.07 | $124.86 | $106.34 | $99.91 | $81.48 | $64.96 | $65.03 | $63.35 | $56.40 | $49.19 |
| Earnings per share | −$6.26 | $7.36 | $13.14 | $12.70 | $9.54 | −$3.53 | $3.68 | $4.89 | $2.55 | $3.41 |
| Operating cash flow per share | $21.40 | $21.52 | $18.89 | $18.01 | $14.41 | $10.45 | $9.42 | $7.21 | $8.98 | $8.17 |
| Free cash flow per share | $11.53 | $14.16 | $13.11 | $13.45 | $10.42 | $7.62 | $5.36 | $2.39 | $6.00 | $4.94 |
| Cash per share | $4.23 | $4.11 | $17.75 | $11.25 | $9.19 | $6.60 | $1.56 | $0.70 | $2.17 | $0.97 |
| Book value per share | $46.17 | $58.25 | $56.77 | $46.83 | $41.19 | $35.92 | $42.06 | $38.82 | $36.77 | $33.35 |
| Tangible book value per share | −$4.33 | −$4.68 | $24.68 | $16.27 | $16.19 | $11.46 | $8.88 | $5.35 | $11.44 | $11.92 |
| Dividends per share | $2.78 | $2.37 | $2.07 | $1.39 | $1.04 | $0.96 | $0.86 | $0.83 | $0.79 | $0.70 |
| Capex per share | $9.87 | $7.36 | $5.78 | $4.56 | $3.99 | $2.83 | $4.06 | $4.82 | $2.98 | $3.23 |
| Debt per share | $73.76 | $5.69 | $35.97 | $33.00 | $29.89 | $30.20 | $28.97 | $30.40 | $21.29 | $18.21 |
| Shares outstanding | 83.4M | 87.9M | 91.0M | 97.7M | 104.3M | 108.6M | 110.1M | 111.4M | 113.2M | 115.4M |
| Change in shares outstanding | −5.1% | −3.4% | −6.9% | −6.3% | −4.0% | −1.4% | −1.2% | −1.6% | −1.9% | −2.4% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −11.6% | 12.6% | 24.6% | 28.0% | 24.3% | −9.0% | 9.0% | 12.8% | 7.2% | 10.4% |
| Return on invested capital (ROIC) | 11.5% | 24.5% | 20.9% | 21.1% | 16.1% | 10.0% | 7.6% | 9.7% | 7.6% | 9.1% |
| Return on assets (ROA) | −3.9% | 5.1% | 10.9% | 12.0% | 10.2% | −3.9% | 4.1% | 5.9% | 3.5% | 5.2% |
| Return on tangible assets | −6.0% | 7.6% | 14.4% | 16.0% | 13.4% | −5.6% | 6.4% | 9.0% | 5.0% | 7.5% |
| Free cash flow margin | 9.5% | 11.3% | 12.3% | 13.5% | 12.8% | 11.7% | 8.2% | 3.8% | 10.6% | 10.0% |
| Income quality (OCF / net income) | — | 2.92 | 1.44 | 1.42 | 1.51 | — | 2.56 | 1.47 | 3.52 | 2.40 |
| Financial health | ||||||||||
| Total debt | $6.16B | $500.0M | $3.27B | $3.22B | $3.12B | $3.28B | $3.19B | $3.39B | $2.41B | $2.10B |
| Cash & short-term investments | $353.0M | $361.0M | $1.61B | $1.10B | $959.0M | $717.0M | $172.0M | $78.0M | $246.0M | $112.0M |
| Net debt | $5.80B | $139.0M | $1.66B | $2.12B | $2.16B | $2.56B | $3.02B | $3.31B | $2.16B | $1.99B |
| Debt / equity | 1.60 | 0.10 | 0.63 | 0.70 | 0.73 | 0.84 | 0.69 | 0.78 | 0.58 | 0.55 |
| Debt / assets | 0.47 | 0.04 | 0.29 | 0.30 | 0.31 | 0.35 | 0.32 | 0.35 | 0.28 | 0.27 |
| Net debt / EBITDA | 5.95 | 0.08 | 0.77 | 1.03 | 1.13 | 7.52 | 2.55 | 2.61 | 2.09 | 1.91 |
| Current ratio | 1.26 | 1.47 | 1.69 | 1.69 | 1.82 | 1.81 | 1.55 | 1.58 | 1.55 | 1.65 |
| Quick ratio | 0.70 | 0.78 | 1.17 | 1.06 | 1.19 | 1.22 | 0.77 | 0.74 | 0.89 | 0.91 |
| Interest coverage | 6.7 | 9.9 | 24.8 | 16.6 | 10.9 | 6.8 | 6.4 | 7.4 | 8.4 | 7.1 |
| Working capital | $685.0M | $1.08B | $1.59B | $1.45B | $1.40B | $1.17B | $732.0M | $742.0M | $703.0M | $623.0M |
| Invested capital | $9.65B | $5.26B | $6.82B | $6.70B | $6.46B | $6.46B | $7.65B | $7.63B | $6.33B | $5.84B |
| Tangible asset value | −$321.0M | −$411.0M | $2.29B | $1.64B | $1.73B | $1.28B | $1.02B | $596.0M | $1.34B | $1.42B |
| Net current asset value | −$5.74B | −$5.58B | −$2.11B | −$2.58B | −$2.58B | −$2.93B | −$3.27B | −$3.43B | −$2.44B | −$2.27B |
| Graham number | — | $98.22 | $129.57 | $115.69 | $94.03 | — | $59.00 | $65.37 | $45.96 | $50.55 |
| Graham net-net per share | −$87.42 | −$78.13 | −$33.77 | −$37.30 | −$33.34 | −$34.13 | −$36.96 | −$38.04 | −$27.89 | −$24.93 |
| Capital allocation | ||||||||||
| Dividends paid | $232.0M | $208.0M | $188.0M | $136.0M | $108.0M | $104.0M | $95.0M | $92.0M | $89.0M | $81.0M |
| Share buybacks (net) | $815.0M | $491.0M | $657.0M | $795.0M | $570.0M | $318.0M | $61.0M | $236.0M | $159.0M | $247.0M |
| Dividend payout ratio | — | 32.1% | 15.7% | 11.0% | 10.9% | — | 23.5% | 16.9% | 30.8% | 20.6% |
| Dividends + buybacks / free cash flow | 108.8% | 56.1% | 70.8% | 70.9% | 62.4% | 51.0% | 26.4% | 123.3% | 36.5% | 57.5% |
| Capex / revenue | 8.2% | 5.9% | 5.4% | 4.6% | 4.9% | 4.4% | 6.2% | 7.6% | 5.3% | 6.6% |
| Capex / operating cash flow | 46.1% | 34.2% | 30.6% | 25.3% | 27.7% | 27.0% | 43.1% | 66.9% | 33.2% | 39.6% |
| Capex / depreciation | 1.19 | 0.96 | 0.86 | 0.84 | 0.83 | 0.62 | 0.98 | 1.24 | 0.91 | 1.09 |
| Stock-based compensation / revenue | 0.7% | 0.8% | 0.5% | 0.5% | 0.6% | 0.6% | 0.5% | 0.7% | 0.7% | 0.7% |
| R&D / revenue | 1.5% | 1.3% | 1.3% | 1.1% | 1.1% | 1.2% | 1.2% | 1.3% | 1.3% | 1.4% |
| SG&A / revenue | 10.0% | 9.5% | 8.8% | 8.2% | 8.9% | 9.4% | 9.7% | 9.9% | 9.7% | 10.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 39.4 | 37.1 | 36.7 | 35.5 | 39.9 | 43.7 | 39.9 | 41.4 | 42.4 | 44.6 |
| Days of inventory on hand | 77.3 | 66.2 | 67.6 | 62.4 | 56.2 | 63.6 | 69.4 | 64.6 | 59.1 | 58.1 |
| Days payables outstanding | 67.9 | 62.9 | 68.3 | 63.2 | 57.2 | 57.0 | 55.0 | 56.9 | 55.2 | 49.3 |
| Cash conversion cycle (days) | 48.8 | 40.4 | 36.0 | 34.8 | 38.8 | 50.4 | 54.3 | 49.1 | 46.3 | 53.3 |
| Receivables turnover | 9.26 | 9.84 | 9.94 | 10.27 | 9.15 | 8.35 | 9.16 | 8.82 | 8.60 | 8.19 |
| Payables turnover | 5.37 | 5.81 | 5.34 | 5.78 | 6.38 | 6.41 | 6.64 | 6.42 | 6.61 | 7.40 |
| Inventory turnover | 4.72 | 5.52 | 5.40 | 5.85 | 6.50 | 5.74 | 5.26 | 5.65 | 6.18 | 6.29 |
| Asset turnover | 0.75 | 0.87 | 0.88 | 0.94 | 0.87 | 0.72 | 0.72 | 0.77 | 0.78 | 0.75 |
| Average receivables | $1.09B | $1.12B | $974.0M | $950.0M | $929.0M | $844.5M | $782.0M | $800.0M | $742.0M | $693.5M |
| Average payables | $1.34B | $1.32B | $1.28B | $1.22B | $985.0M | $845.0M | $833.0M | $842.5M | $724.5M | $575.0M |
| Average inventory | $1.53B | $1.39B | $1.27B | $1.21B | $966.5M | $944.0M | $1.05B | $956.5M | $775.5M | $677.0M |
| Intangibles / total assets | 32.5% | 39.3% | 26.0% | 27.8% | 26.0% | 28.0% | 36.5% | 38.2% | 33.2% | 32.0% |
Computed from OC's annual financial statements (latest annual report filed February 25, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
OC valuation and financial ratios
Owens Corning earned a return on equity of −11.6% and a return on invested capital of 11.5% in fiscal 2025. It ended the year with $6.2 billion of debt and $353.0 million in cash and short-term investments, net debt of $5.8 billion. It returned $1.0 billion to shareholders: $232.0 million in dividends and $815.0 million in share buybacks, 109% of free cash flow. The share count fell 27.7% from 115.4M to 83.4M over 9 years.
See the OC income statement, the OC chart for price history, or the OC stock overview for the latest quote and news.
OC key metrics FAQ
What is Owens Corning's EV/EBITDA?
Owens Corning's enterprise value was 15.5 times EBITDA at the end of fiscal 2025 (enterprise value $15.1 billion, EBITDA $975.0 million); the current EV/EBITDA is 19.9.
What is Owens Corning's return on equity?
Owens Corning's return on equity (ROE) was −11.6% in fiscal 2025: net income of -$522.0 million on average shareholders' equity of $4.5 billion.
What is Owens Corning's ROIC?
Owens Corning's return on invested capital was 11.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Owens Corning have?
Owens Corning had total debt of $6.2 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.60 and $5.8 billion of net debt (5.95 times EBITDA).
What is Owens Corning's dividend yield?
Owens Corning's forward dividend yield is 2.80%. Owens Corning paid $232.0 million in dividends in fiscal 2025 ($2.78 per share), a payout ratio of —.
Does Owens Corning buy back its shares?
Yes. Owens Corning spent $815.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −5.1% over the year, to 83.4M..
What is Owens Corning's free cash flow yield?
Owens Corning generated $962.0 million of free cash flow in fiscal 2025, a free cash flow yield of 10.3% on its market value at year-end ($9.3 billion).
What is Owens Corning's current ratio?
Owens Corning's current ratio was 1.26 at the end of fiscal 2025: current assets were 1.26 times current liabilities.