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Side-by-side financial comparison of Owens Corning (OC) and Qnity Electronics, Inc. (Q). Click either name above to swap in a different company.

Owens Corning is the larger business by last-quarter revenue ($2.1B vs $1.3B, roughly 1.7× Qnity Electronics, Inc.). Qnity Electronics, Inc. runs the higher net margin — 16.5% vs -13.9%, a 30.4% gap on every dollar of revenue. On growth, Qnity Electronics, Inc. posted the faster year-over-year revenue change (11.1% vs -24.6%). Qnity Electronics, Inc. produced more free cash flow last quarter ($568.0M vs $333.0M).

Owens Corning is an American company that develops and produces insulation, roofing, and fiberglass composites and related products. It is the world's largest manufacturer of fiberglass composites. It was formed in 1935 as a partnership between two major American glassworks, Corning Glass Works and Owens-Illinois. The company employs approximately 19,000 people around the world. Owens Corning has been a Fortune 500 company every year since the list was created in 1955. The Pink Panther is the...

OC vs Q — Head-to-Head

Bigger by revenue
OC
OC
1.7× larger
OC
$2.1B
$1.3B
Q
Growing faster (revenue YoY)
Q
Q
+35.7% gap
Q
11.1%
-24.6%
OC
Higher net margin
Q
Q
30.4% more per $
Q
16.5%
-13.9%
OC
More free cash flow
Q
Q
$235.0M more FCF
Q
$568.0M
$333.0M
OC

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
OC
OC
Q
Q
Revenue
$2.1B
$1.3B
Net Profit
$-298.0M
$211.0M
Gross Margin
23.2%
45.1%
Operating Margin
-10.5%
21.3%
Net Margin
-13.9%
16.5%
Revenue YoY
-24.6%
11.1%
Net Profit YoY
-15.5%
6.0%
EPS (diluted)
$-3.47
$1.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OC
OC
Q
Q
Q4 25
$2.1B
Q3 25
$2.7B
$1.3B
Q2 25
$2.7B
Q1 25
$2.5B
Q4 24
$2.8B
Q3 24
$3.0B
$1.1B
Q2 24
$2.8B
Q1 24
$2.3B
Net Profit
OC
OC
Q
Q
Q4 25
$-298.0M
Q3 25
$-494.0M
$211.0M
Q2 25
$363.0M
Q1 25
$-93.0M
Q4 24
$-258.0M
Q3 24
$321.0M
$199.0M
Q2 24
$285.0M
Q1 24
$299.0M
Gross Margin
OC
OC
Q
Q
Q4 25
23.2%
Q3 25
28.2%
45.1%
Q2 25
31.2%
Q1 25
28.7%
Q4 24
28.1%
Q3 24
29.8%
47.0%
Q2 24
31.1%
Q1 24
29.6%
Operating Margin
OC
OC
Q
Q
Q4 25
-10.5%
Q3 25
-12.2%
21.3%
Q2 25
18.4%
Q1 25
16.1%
Q4 24
-8.5%
Q3 24
16.7%
21.8%
Q2 24
16.4%
Q1 24
17.5%
Net Margin
OC
OC
Q
Q
Q4 25
-13.9%
Q3 25
-18.4%
16.5%
Q2 25
13.2%
Q1 25
-3.7%
Q4 24
-9.1%
Q3 24
10.5%
17.3%
Q2 24
10.2%
Q1 24
13.0%
EPS (diluted)
OC
OC
Q
Q
Q4 25
$-3.47
Q3 25
$-5.92
$1.01
Q2 25
$4.25
Q1 25
$-1.08
Q4 24
$-2.92
Q3 24
$3.65
$0.95
Q2 24
$3.24
Q1 24
$3.40

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OC
OC
Q
Q
Cash + ST InvestmentsLiquidity on hand
$345.0M
$128.0M
Total DebtLower is stronger
$4.7B
$1.7B
Stockholders' EquityBook value
$3.9B
$9.1B
Total Assets
$13.0B
$12.5B
Debt / EquityLower = less leverage
1.22×
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OC
OC
Q
Q
Q4 25
$345.0M
Q3 25
$286.0M
$128.0M
Q2 25
$230.0M
Q1 25
$400.0M
Q4 24
$361.0M
Q3 24
$499.0M
Q2 24
$254.0M
Q1 24
$1.3B
Total Debt
OC
OC
Q
Q
Q4 25
$4.7B
Q3 25
$4.7B
$1.7B
Q2 25
$5.1B
Q1 25
$5.0B
Q4 24
$5.1B
Q3 24
$5.0B
Q2 24
$5.0B
Q1 24
$2.6B
Stockholders' Equity
OC
OC
Q
Q
Q4 25
$3.9B
Q3 25
$4.4B
$9.1B
Q2 25
$5.2B
Q1 25
$4.9B
Q4 24
$5.1B
Q3 24
$5.6B
$11.1B
Q2 24
$5.5B
Q1 24
$5.2B
Total Assets
OC
OC
Q
Q
Q4 25
$13.0B
Q3 25
$13.5B
$12.5B
Q2 25
$14.5B
Q1 25
$14.3B
Q4 24
$14.1B
Q3 24
$15.1B
Q2 24
$15.0B
Q1 24
$11.3B
Debt / Equity
OC
OC
Q
Q
Q4 25
1.22×
Q3 25
1.06×
0.19×
Q2 25
0.98×
Q1 25
1.03×
Q4 24
1.01×
Q3 24
0.89×
Q2 24
0.92×
Q1 24
0.51×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OC
OC
Q
Q
Operating Cash FlowLast quarter
$590.0M
$782.0M
Free Cash FlowOCF − Capex
$333.0M
$568.0M
FCF MarginFCF / Revenue
15.5%
44.5%
Capex IntensityCapex / Revenue
12.0%
16.8%
Cash ConversionOCF / Net Profit
3.71×
TTM Free Cash FlowTrailing 4 quarters
$962.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OC
OC
Q
Q
Q4 25
$590.0M
Q3 25
$918.0M
$782.0M
Q2 25
$327.0M
Q1 25
$-49.0M
Q4 24
$676.0M
Q3 24
$699.0M
Q2 24
$493.0M
Q1 24
$24.0M
Free Cash Flow
OC
OC
Q
Q
Q4 25
$333.0M
Q3 25
$752.0M
$568.0M
Q2 25
$129.0M
Q1 25
$-252.0M
Q4 24
$479.0M
Q3 24
$558.0M
Q2 24
$336.0M
Q1 24
$-128.0M
FCF Margin
OC
OC
Q
Q
Q4 25
15.5%
Q3 25
28.0%
44.5%
Q2 25
4.7%
Q1 25
-10.0%
Q4 24
16.9%
Q3 24
18.3%
Q2 24
12.0%
Q1 24
-5.6%
Capex Intensity
OC
OC
Q
Q
Q4 25
12.0%
Q3 25
6.2%
16.8%
Q2 25
7.2%
Q1 25
8.0%
Q4 24
6.9%
Q3 24
4.6%
Q2 24
5.6%
Q1 24
6.6%
Cash Conversion
OC
OC
Q
Q
Q4 25
Q3 25
3.71×
Q2 25
0.90×
Q1 25
Q4 24
Q3 24
2.18×
Q2 24
1.73×
Q1 24
0.08×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OC
OC

Insulation$724.0M34%
Residential$625.0M29%
Doors$427.0M20%
Discontinued Operations Disposed Of By Sale$299.0M14%
Commercial And Industrial Sector$101.0M5%

Q
Q

Semiconductor Technologies$693.0M54%
Interconnect Solutions$583.0M46%

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