Owens Corning
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Owens Corning's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 1% to $9,677,000,000. Profit margin reached 12%. Total operating expenses were $871,000,000.
Profit Margin
| 2014 | 5.27B | 226M | 4.28% |
|---|---|---|---|
| 2015 | 5.35B | 330M | 6.17% |
| 2016 | 5.67B | 393M | 6.92% |
| 2017 | 6.38B | 289M | 4.53% |
| 2018 | 7.05B | 545M | 7.72% |
| 2019 | 7.16B | 405M | 5.66% |
| 2020 | 7.05B | -385M | -5.46% |
| 2021 | 8.49B | 995M | 11.71% |
| 2022 | 9.76B | 1.24B | 12.71% |
| 2023 | 9.67B | 1.19B | 12.36% |
OC Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 9.67B | 9.76B | 8.49B | 7.05B | 7.16B | 7.05B | 6.38B | 5.67B | 5.35B | 5.27B |
Cost of revenue | 6.99B | 7.14B | 6.28B | 5.44B | 5.55B | 5.42B | 4.81B | 4.29B | 4.19B | 4.3B |
Gross profit | 2.68B | 2.61B | 2.21B | 1.61B | 1.60B | 1.63B | 1.57B | 1.38B | 1.15B | 976M |
Operating exp. | ||||||||||
Research and development | 123M | 106M | 91M | 82M | 87M | 89M | 85M | 82M | 73M | 76M |
Selling and marketing | -8M | 125M | 110M | 98M | 117M | 120M | 108M | 105M | 98M | 100M |
Total operating expenses | 871M | 1.03B | 779M | 804M | 822M | 825M | 835M | 682M | 605M | 584M |
Operating income | 1.81B | 1.71B | 1.43B | 820M | 787M | 807M | 737M | 699M | 548M | 392M |
Other income (expenses), net | -221M | -100M | -125M | -118M | -197M | 14M | -178M | -1M | -95M | -160M |
Income before tax | 1.59B | 1.61B | 1.31B | -256M | 590M | 704M | 559M | 590M | 453M | 232M |
Income tax expense | 401M | 373M | 319M | 129M | 186M | 156M | 269M | 188M | 120M | 5M |
Net income | 1.19B | 1.24B | 995M | -385M | 405M | 545M | 289M | 393M | 330M | 226M |
Earnings per share | ||||||||||
Basic EPS | 13.27 | 12.85 | 9.61 | -3.55 | 3.71 | 4.94 | 2.59 | 3.44 | 2.82 | 1.92 |
Diluted EPS | 13.14 | 12.7 | 9.54 | -3.55 | 3.68 | 4.89 | 2.55 | 3.41 | 2.79 | 1.91 |
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