Owens Corning Stock

Owens Corning Market capitalization 2024

Owens Corning Market capitalization

17.65 B USD

Ticker

OC

ISIN

US6907421019

WKN

A0LCN9

In 2024, Owens Corning's market cap stood at 17.65 B USD, a 43.79% increase from the 12.28 B USD market cap in the previous year.

The Owens Corning Market capitalization history

YEARMarket Capitalization (undefined USD)
202310.81
20228.59
20219.46
20206.53
20196.1
20187.36
20177.77
20165.77
20155.05
20144.48
20134.73
20123.86
20113.92
20103.57
20092.21
20082.62
20073.7
20062.94
2005-
2004-

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.

Market capitalization Details

Exploring Owens Corning's Market Capitalization

Owens Corning's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Owens Corning's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Owens Corning's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Owens Corning’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Owens Corning stock

What is the current Owens Corning market capitalization?

The current market capitalization of Owens Corning is 17.65 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Owens Corning.

How has the market capitalization of Owens Corning developed in recent years?

The market capitalization of Owens Corning has increased/decreased by 43.79% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Owens Corning?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Owens Corning?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Owens Corning have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

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 1.07 %. 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 1.07 %.

When does Owens Corning pay dividends?

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

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 1.32 %.

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 11/4/2024 amounting to 0.6 USD, you needed to have the stock in your portfolio before the ex-date on 10/18/2024.

When did Owens Corning pay the last dividend?

The last dividend was paid out on 11/4/2024.

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.