Owens Property Plant Equipment from 2010 to 2024

OC Stock  USD 168.21  3.47  2.02%   
Owens Corning's Property Plant Equipment is increasing over the years with slightly volatile fluctuation. Property Plant Equipment is expected to dwindle to about 3.1 B. During the period from 2010 to 2024 Owens Corning Property Plant Equipment annual values regression line had geometric mean of  3,235,544,127 and mean square error of 151771.6 T. View All Fundamentals
 
Property Plant Equipment  
First Reported
2000-03-31
Previous Quarter
3.7 B
Current Value
3.9 B
Quarterly Volatility
708.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Owens Corning financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Owens main balance sheet or income statement drivers, such as Depreciation And Amortization of 639.5 M, Interest Expense of 78.8 M or Total Revenue of 5.5 B, as well as many exotic indicators such as Price To Sales Ratio of 1.45, Dividend Yield of 0.0091 or PTB Ratio of 2.71. Owens financial statements analysis is a perfect complement when working with Owens Corning Valuation or Volatility modules.
  
This module can also supplement Owens Corning's financial leverage analysis and stock options assessment as well as various Owens Corning Technical models . Check out the analysis of Owens Corning Correlation against competitors.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.

Latest Owens Corning's Property Plant Equipment Growth Pattern

Below is the plot of the Property Plant Equipment of Owens Corning over the last few years. It is Owens Corning's Property Plant Equipment historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Owens Corning's overall financial position and show how it may be relating to other accounts over time.
Property Plant Equipment10 Years Trend
Slightly volatile
   Property Plant Equipment   
       Timeline  

Owens Property Plant Equipment Regression Statistics

Arithmetic Mean3,296,437,536
Geometric Mean3,235,544,127
Coefficient Of Variation18.69
Mean Deviation495,371,633
Median3,129,213,043
Standard Deviation616,082,470
Sample Variance379557.6T
Range2.5B
R-Value0.79
Mean Square Error151771.6T
R-Squared0.63
Significance0.0004
Slope109,230,683
Total Sum of Squares5313806.5T

Owens Property Plant Equipment History

20243.1 B
20234.3 B
20223.7 B
20213.9 B
20203.8 B
20193.9 B
20183.8 B

About Owens Corning Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Owens Corning income statement, its balance sheet, and the statement of cash flows. Owens Corning investors use historical funamental indicators, such as Owens Corning's Property Plant Equipment, to determine how well the company is positioned to perform in the future. Although Owens Corning investors may use each financial statement separately, they are all related. The changes in Owens Corning's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Owens Corning's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Owens Corning Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Owens Corning. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Property Plant Equipment4.3 B3.1 B

Owens Corning Investors Sentiment

The influence of Owens Corning's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Owens. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Owens Corning's public news can be used to forecast risks associated with an investment in Owens. The trend in average sentiment can be used to explain how an investor holding Owens can time the market purely based on public headlines and social activities around Owens Corning. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Owens Corning's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Owens Corning's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Owens Corning's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Owens Corning.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Owens Corning in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Owens Corning's short interest history, or implied volatility extrapolated from Owens Corning options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Owens Corning offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Owens Corning's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Owens Corning Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Owens Corning Stock:
Check out the analysis of Owens Corning Correlation against competitors.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.
Note that the Owens Corning information on this page should be used as a complementary analysis to other Owens Corning's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for Owens Stock analysis

When running Owens Corning's price analysis, check to measure Owens Corning's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Owens Corning is operating at the current time. Most of Owens Corning's value examination focuses on studying past and present price action to predict the probability of Owens Corning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owens Corning's price. Additionally, you may evaluate how the addition of Owens Corning to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Money Managers
Screen money managers from public funds and ETFs managed around the world
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Global Correlations
Find global opportunities by holding instruments from different markets
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Is Owens Corning's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Owens Corning. If investors know Owens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Owens Corning listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.18)
Dividend Share
2.24
Earnings Share
12.38
Revenue Per Share
108.26
Quarterly Revenue Growth
(0.01)
The market value of Owens Corning is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Corning's value that differs from its market value or its book value, called intrinsic value, which is Owens Corning's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Owens Corning's market value can be influenced by many factors that don't directly affect Owens Corning's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Owens Corning's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owens Corning is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Corning's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.