Financial Statements

Owens Corning (OC)

$89.64

-3.93 (-4.20%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 1,8292,3192,0131,575-
Net Income 995-383405545289
Stock Dividends -10-3-4-151,375
Dividend Paid -108-104-95-92-89
Retained Earnings 2,7061,8292,3192,0131,575

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 3,9634,0583,8113,425-
Annual Depreciation 4842126949233,762
Capital Expenditure -416-307-447-537-337
Net PPE 4,0313,9634,0583,8113,425

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -1,5071,9491,932989
New Purchases -----
Intangible and Goodwill 1,5071,9491,932989990

Owens Corning income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Owens Corning FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.