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Owens Corning - Stock

Owens Corning ROE 2024

Owens Corning ROE

0.23

Ticker

OC

ISIN

US6907421019

WKN

A0LCN9

In 2024, Owens Corning's return on equity (ROE) was 0.23, a -14.65% increase from the 0.27 ROE in the previous year.

Owens Corning Aktienanalyse

What does Owens Corning do?

Owens Corning is a globally leading manufacturer of building materials and insulation materials. The company was founded in 1935 as a joint venture between Owens-Illinois Glass Company and Corning Glass Works. Since then, Owens Corning has become a global company with over 19,000 employees in 33 countries. Owens Corning's business model is to develop and manufacture innovative and sustainable products for the construction and infrastructure market. The company specializes in providing solutions for thermal, acoustic, and moisture insulation of buildings, as well as protection of structures against fire and floods. In addition, Owens Corning is also involved in the production of composite and fiberglass products used in various applications, including automotive, aerospace, and wind energy. The company is divided into three main business segments: Insulation Solutions, Roofing and Building Materials, and Composites. The Insulation Solutions segment specializes in the production of thermal, acoustic, and moisture insulation materials. Key products include fiberglass insulation, air sealing products, attic insulation, and foam insulation. The Roofing and Building Materials segment specializes in the production of roofing and building products. Key products include roofing shingles, insulation boards, wall claddings, and fiberglass products for structural construction. The Composites segment specializes in the production of fiberglass, carbon, and aramid products used in various applications. Key application areas include automotive, aerospace, and wind energy industries. The company is also involved in the production of fabrics, mats, and films. Owens Corning has evolved into a responsible company committed to sustainability and environmental protection. The company has committed to producing all its products sustainably by 2030 to reduce its ecological footprint. Furthermore, it aims to reduce its greenhouse gas emissions by 50% by 2030. Overall, Owens Corning is a globally leading manufacturer of building materials and insulation materials dedicated to developing innovative and sustainable products. Through its wide range of products and services, as well as its commitment to sustainability, the company will remain an important player in the construction and infrastructure market in the future. Owens Corning ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Owens Corning's Return on Equity (ROE)

Owens Corning's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Owens Corning's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Owens Corning's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Owens Corning’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Owens Corning Stock

What is the ROE (Return on Equity) of Owens Corning this year?

The ROE of Owens Corning this year is 0.23 undefined.

How has the Return on Equity (ROE) of Owens Corning developed compared to the previous year?

The ROE of Owens Corning has increased by -14.65% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Owens Corning?

A high ROE indicates that Owens Corning generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Owens Corning?

A low ROE can indicate that Owens Corning is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Owens Corning affect the company?

A change in ROE (Return on Equity) of Owens Corning can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Owens Corning?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Owens Corning?

Some factors that can influence Owens Corning's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Owens Corning pay?

Over the past 12 months, Owens Corning paid a dividend of 2.08 USD . This corresponds to a dividend yield of about 1.2 %. For the coming 12 months, Owens Corning is expected to pay a dividend of 2.57 USD.

What is the dividend yield of Owens Corning?

The current dividend yield of Owens Corning is 1.2 %.

When does Owens Corning pay dividends?

Owens Corning pays a quarterly dividend. This is distributed in the months of August, November, February, April.

How secure is the dividend of Owens Corning?

Owens Corning paid dividends every year for the past 13 years.

What is the dividend of Owens Corning?

For the upcoming 12 months, dividends amounting to 2.57 USD are expected. This corresponds to a dividend yield of 1.48 %.

In which sector is Owens Corning located?

Owens Corning is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Owens Corning kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Owens Corning from 4/4/2024 amounting to 0.6 USD, you needed to have the stock in your portfolio before the ex-date on 3/1/2024.

When did Owens Corning pay the last dividend?

The last dividend was paid out on 4/4/2024.

What was the dividend of Owens Corning in the year 2023?

In the year 2023, Owens Corning distributed 1.4 USD as dividends.

In which currency does Owens Corning pay out the dividend?

The dividends of Owens Corning are distributed in USD.

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Andere Kennzahlen von Owens Corning

Our stock analysis for Owens Corning Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Owens Corning Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.