Owens-Corning (Owens-Corning) COGS-to-Revenue

: 0.73 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

Owens-Corning's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,689 Mil. Its Revenue for the three months ended in Dec. 2023 was $2,304 Mil.

Owens-Corning's COGS to Revenue for the three months ended in Dec. 2023 was 0.73.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Owens-Corning's Gross Margin % for the three months ended in Dec. 2023 was 26.69%.

Owens-Corning COGS-to-Revenue Historical Data

The historical data trend for Owens-Corning's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Owens-Corning Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.78

0.77

0.74

0.73

0.72

Owens-Corning Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue																0.75	0.75	0.71	0.71	0.73

Owens-Corning COGS-to-Revenue Calculation

Owens-Corning's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6994	/	9677
	=	0.72

Owens-Corning's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1689	/	2304
	=	0.73

Owens-Corning (NYSE:OC) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Owens-Corning's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1689 / 2304
	=	26.69 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Owens-Corning COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Owens-Corning's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Owens-Corning (Owens-Corning) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Owens-Corning Inc (NYSE:OC) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

O5Q:Germany

Address

One Owens Corning Parkway, Toledo, OH, USA, 43659

Website

https://www.owenscorning.com

Owens-Corning Inc is a manufacturer of glass fiber utilized in composites and building materials. It has an integrated business model with three reportable segments: Composites, Insulation, and Roofing. The company generates maximum revenue from the Insulation segment. Its Insulation segment manufactures and sells thermal and acoustical batts, loosefill insulation, spray foam insulation, foam sheathing, and accessories. It also manufactures and sells glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated mineral wool insulation, cellular glass insulation, and foam insulation used in above- and below-grade construction applications.

Executives

Marcio A Sandri	officer: President, Composites	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Mari Doerfler	officer: Vice President and Controller	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
W Howard Morris	director	1538 STRATHCONA, DETROIT MI 48203
Monaco Nicolas Del	officer: President, Insulation	ONE OWENS CORNING PKWY, TOLEDO OH 43659
Todd W Fister	officer: President, Insulation	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Gunner Smith	officer: President, Roofing	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Paula Russell	officer: SVP, Chief HR Officer	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Jose Mendez-andino	officer: EVP, Chief R&D Officer	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Kelly Schmidt	officer: Vice President and Controller	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Brian Chambers	officer: President, Roofing and Asphalt	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Daniel T Smith	officer: Sr. VP Organization & Admin	OWENS CORNING, ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Gina A. Beredo	officer: EVP, GC and Secretary	C/O OWENS CORNING, ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Paul Edward Martin	director	C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Alfred E Festa	director
Kenneth Scott Parks	officer: Sr. VP&Chief Financial Officer	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659