OC (Owens-Corning) Interest Coverage: 1.82 (As of Mar. 2026) — 75% Below Median


OC Owens-Corning Inc OC
82 GF Score
Price $133.04
GF Value $154.11
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Owens-Corning Interest Coverage?

Owens-Corning OC +7.19% 82 Interest Coverage is 1.82 as of Mar. 2026, which is 75% below its 10-year median of 7.18. GuruFocus rates OC with a GF Score™ of 82/100 and a GF Value™ of $154.11 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,355 Construction companies, Owens-Corning ranks worse than 60.89% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Owens-Corning's Operating Income for the three months ended in Mar. 2026 was $120 Mil. Owens-Corning's Interest Expense for the three months ended in Mar. 2026 was $-66 Mil. Owens-Corning's interest coverage for the quarter that ended in Mar. 2026 was 1.82. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Owens-Corning's Interest Coverage or its related term are showing as below:

OC' s Interest Coverage Range Over the Past 10 Years
Min: 4.94   Med: 7.18   Max: 19.59
Current: 4.94


OC's Interest Coverage is ranked worse than
60.89% of 1355 companies
in the Construction industry
Industry Median: 7.81 vs OC: 4.94

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Owens-Corning  (NYSE:OC) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Owens-Corning Interest Coverage Related Terms


Owens-Corning Interest Coverage Historical Data

* Premium members only.

The historical data trend for Owens-Corning's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Owens-Corning Interest Coverage Chart

Owens-Corning Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.41 14.53 19.59 7.56 6.11

Owens-Corning Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.36 8.40 7.00 2.67 1.82

OC vs WMS, SPXC, AAON: Interest Coverage Comparison

For the Building Products & Equipment subindustry, Owens-Corning's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Owens-Corning Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Owens-Corning's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Owens-Corning's Interest Coverage falls into.


OC
82GF Score
Owens-Corning Inc OC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Owens-Corning Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Owens-Corning's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Owens-Corning's Interest Expense was $-256 Mil. Its Operating Income was $1,564 Mil. And its Long-Term Debt & Capital Lease Obligation was $5,137 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1564/-256
=6.11

Owens-Corning's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Owens-Corning's Interest Expense was $-66 Mil. Its Operating Income was $120 Mil. And its Long-Term Debt & Capital Lease Obligation was $5,118 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*120/-66
=1.82

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 1.82 mean?
Owens-Corning (OC) has a Interest Coverage of 1.82 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Owens-Corning and its competitors. This is 75% below median its historical median of 7.18. Over the past decade, Owens-Corning's Interest Coverage has ranged from 4.94 to 19.59. According to the industry distribution chart, Owens-Corning ranks #825 out of 1355 companies in the Construction industry, placing it in the top 60.9%.
Is Owens-Corning's Interest Coverage too high?
Owens-Corning's current Interest Coverage of 1.82 is 75% below median its 10-year median of 7.18. Over the past 10 years, this metric has ranged from a low of 4.94 to a high of 19.59. The Construction industry median Interest Coverage is 7.81. Owens-Corning's value of 1.82 is 76.7% below this industry median. Based on the distribution chart, Owens-Corning ranks #825 out of 1355 companies in the Construction industry, which is below the industry midpoint. Overall, Owens-Corning has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Owens-Corning's Interest Coverage compare to WMS and SPXC?
According to the Construction industry distribution chart, Owens-Corning ranks #825 out of 1355 companies for Interest Coverage. This places Owens-Corning in the lower half of its industry. The industry median Interest Coverage is 7.81. Owens-Corning's value of 1.82 is 76.7% below this benchmark. Historically, Owens-Corning's own Interest Coverage has ranged from 4.94 to 19.59 over the past decade. While the company's 10-year median is 7.18 vs. the industry median of 7.81, Owens-Corning has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Construction company?
The median Interest Coverage among Construction companies is 7.81, based on 1,355 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Owens-Corning's current Interest Coverage of 1.82 is 76.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Owens-Corning and its competitors. For the Construction industry, the median Interest Coverage is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Owens-Corning's current Interest Coverage is 1.82, which is 75% below median its own 10-year median of 7.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Owens-Corning stock overvalued right now?
Based on GuruFocus' analysis, Owens-Corning (OC) is currently considered Modestly Undervalued. The stock's GF Value™ is $154.11, compared to a current price of $133.04 — trading 13.7% below its estimated fair value. The current Interest Coverage is 1.82, which is 75% below median its 10-year median of 7.18 and 76.7% below the Construction industry median of 7.81. Owens-Corning's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Owens-Corning (OC), the current Interest Coverage is 1.82 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Owens-Corning (OC) Overvalued in 2026?

Based on GuruFocus' analysis, Owens-Corning stock appears to be undervalued. The current stock price of $133.04 is trading 13.7% below its estimated GF Value™ of $154.11. GuruFocus considers Owens-Corning to be Modestly Undervalued.

Key valuation signals for OC:

  • Interest Coverage: 1.82 (75% below median its 10-year median of 7.18)
  • GF Value™: $154.11 vs. price of $133.04 (13.7% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 76.7% below the Construction median (#825 of 1355)

No single metric tells the full story. See the OC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Owens-Corning Business Description

Address One Owens Corning Parkway, Toledo, OH, USA, 43659
Owens-Corning Inc is a building products company that offers roofing products and systems, insulation products (hermal and acoustical batts, loose fill insulation, spray foam insulation, wet use chopped strand, etc.), and doors and door systems. The company's reportable segments are: Roofing, Insulation, and Doors. Maximum revenue is generated from the Roofing segment, which manufactures and sells residential roofing shingles, oxidized asphalt materials, roofing components, and composite lumber mainly used in residential construction. This segment also manufactures and sells glass mat and specialty veil materials used in building and construction applications. Geographically, the company generates maximum revenue from the United States, followed by Europe, Asia-Pacific, and other markets.
82GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$133.04
Price
$154.11
GF Value