OC vs OI
Owens Corning and O-I Glass, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | OC | OI |
|---|---|---|
| Revenue | $10.1B | $6.4B |
| Net income | $-522.0M | $-129.0M |
| Gross margin | 28.1% | 17.3% |
| Net margin | −5.2% | −1.6% |
| Return on equity | −11.7% | −10.9% |
| Diluted EPS | −$6.22 | −$0.84 |
| Dividend / share | $2.86 | · |
| Payout ratio | −44.4% | · |
| Free cash flow | $962.0M | $168.0M |
| Equity | $3.9B | $1.3B |
| Net debt / equity | 1.14× | 3.20× |
| Current ratio | 1.26× | 1.25× |
| Revenue CAGR 5y | 7.4% | 1.1% |
| Profit CAGR 5y | · | · |
OC bills 1.6× the revenue of OI, and both closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | OC | OI |
|---|---|---|
| FY2025 | $10.1B | $6.4B |
| FY2024 | $9.9B | $6.5B |
| FY2023 | $8.4B | $7.1B |
| FY2022 | $9.8B | $6.9B |
| FY2021 | $8.5B | $6.4B |
| FY2020 | $7.1B | $6.1B |
| FY2019 | $7.2B | $6.7B |
| FY2018 | $7.1B | $6.9B |
| FY2017 | $6.4B | $6.9B |
| FY2016 | $5.7B | $6.7B |
Bottom line
| Fiscal year | OC | OI |
|---|---|---|
| FY2025 | $-522.0M | $-129.0M |
| FY2024 | $647.0M | $-106.0M |
| FY2023 | $1.2B | $-103.0M |
| FY2022 | $1.2B | $584.0M |
| FY2021 | $995.0M | $149.0M |
| FY2020 | $-383.0M | $249.0M |
| FY2019 | $405.0M | $-400.0M |
| FY2018 | $545.0M | $257.0M |
| FY2017 | $289.0M | $180.0M |
| FY2016 | $393.0M | $209.0M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$3,677,000,000 | OC |
| FY2024 | +$3,320,000,000 | OC |
| FY2023 | +$1,267,000,000 | OC |
| FY2022 | +$2,905,000,000 | OC |
| FY2021 | +$2,141,000,000 | OC |
| FY2020 | +$964,000,000 | OC |
| FY2019 | +$469,000,000 | OC |
| FY2018 | +$180,000,000 | OC |
| FY2017 | −$485,000,000 | OI |
| FY2016 | −$1,025,000,000 | OI |
| FY2015 | −$806,000,000 | OI |
| FY2014 | −$1,524,000,000 | OI |
| FY2013 | −$1,672,000,000 | OI |
| FY2012 | −$1,828,000,000 | OI |
| FY2011 | −$2,023,000,000 | OI |
| FY2010 | −$1,636,000,000 | OI |
| FY2009 | −$1,849,000,000 | OI |
| FY2008 | −$1,693,000,000 | OI |
The higher-revenue side has changed between OC and OI over this period. The gap has widened since the earliest year compared.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −3.6 pp | OI |
| FY2024 | +7.9 pp | OC |
| FY2023 | +15.4 pp | OC |
| FY2022 | +3.6 pp | OC |
| FY2021 | +9.0 pp | OC |
| FY2020 | −9.8 pp | OI |
| FY2019 | +11.4 pp | OC |
| FY2018 | +3.7 pp | OC |
| FY2017 | +1.6 pp | OC |
| FY2016 | +3.6 pp | OC |
| FY2015 | +3.7 pp | OC |
| FY2014 | +1.5 pp | OC |
| FY2013 | −0.9 pp | OI |
| FY2012 | −3.4 pp | OI |
| FY2011 | +11.8 pp | OC |
| FY2010 | +18.9 pp | OC |
| FY2009 | −1.6 pp | OI |
| FY2008 | −18.2 pp | OI |
The higher net margin has changed hands between OC and OI over this period.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
OC's net margin has been more volatile than OI's over the 18 comparable fiscal years — 7.5 percentage points of standard deviation against 3.7.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between OC and OI over these 18 fiscal years — OC led in 12 and OI in 6.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
OI's return on equity has been more volatile than OC's over the 18 comparable fiscal years — 36.0 percentage points of standard deviation against 14.1.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between OC and OI over these 18 fiscal years — OC led in 5 and OI in 13.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.