Owens Corning (OC) Current Taxes (2010 - 2014)
Owens Corning's (OC) quarterly Current Taxes came in at -$2.7 billion in Q2 2014, down 2.95% on a YoY basis from -$2.8 billion in Q2 2013, and down 2.79% quarter-over-quarter from -$2.6 billion in Q1 2014.
Analysis
Owens Corning (OC) Current Taxes (2010 - 2014) Analysis & Trends
Owens Corning (OC) has reported Current Taxes for 5 consecutive years, with -$2.7 billion the latest figure, recorded in Q2 2014.
- For the quarter ending Q2 2014, Current Taxes fell 2.95% year-over-year to -$2.7 billion; the trailing twelve-month figure through Jun 2014 stood at -$2.7 billion (down 2.95% YoY), and the FY2013 full-year result was -$2.7 billion, down 5.38% from the prior year.
- Current Taxes declined to -$2.7 billion in Q2 2014 per OC's latest filing, from -$2.6 billion in the prior quarter.
- Across five years, Current Taxes topped out at -$2.3 billion in Q1 2012 and bottomed at -$3.1 billion in Q2 2011.
- Historically, Current Taxes has averaged -$2.7 billion across 5 years, with a median of -$2.6 billion in 2013.
- The sharpest annual moves came in 2012 and 2013: Current Taxes gained 15.88% in 2012, then dropped 9.52% in 2013.
- Over 5 years, Current Taxes stood at -$3.0 billion in 2010, then gained by 3.62% to -$2.9 billion in 2011, then gained by 12.77% to -$2.5 billion in 2012, then retreated by 5.38% to -$2.7 billion in 2013, then decreased by 0.9% to -$2.7 billion in 2014.
- According to Business Quant data, Current Taxes over the past three periods registered -$2.7 billion, -$2.6 billion, and -$2.7 billion for Q2 2014, Q1 2014, and Q4 2013 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Otis Worldwide | 25.98 Bn | 25.17 Bn | 1.14 Bn | - |
| 2 | James Hardie Industries | 17.99 Bn | 17.70 Bn | 548.70 Mn | 26.50 Mn |
| 3 | Masco | 13.47 Bn | 12.93 Bn | 868.00 Mn | - |
| 4 | Carlisle Companies | 13.24 Bn | 12.57 Bn | 568.40 Mn | - |
| 5 | Allegion | 12.94 Bn | 12.62 Bn | 517.50 Mn | - |
| 6 | Owens Corning | 10.12 Bn | 9.85 Bn | 793.00 Mn | - |
| 7 | Advanced Drainage Systems | 9.75 Bn | 9.59 Bn | 408.05 Mn | 16.75 Mn |
| 8 | Acuity Inc. (De) | 9.56 Bn | 9.14 Bn | 606.40 Mn | - |
| 9 | Zurn Elkay Water Solutions | 7.62 Bn | 7.25 Bn | 288.30 Mn | - |
| 10 | Simpson Manufacturing | 7.09 Bn | 6.64 Bn | 318.19 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2014 | -2.69 Bn |
| Mar 31, 2014 | -2.62 Bn |
| Dec 31, 2013 | -2.66 Bn |
| Sep 30, 2013 | -2.73 Bn |
| Jun 30, 2013 | -2.61 Bn |
| Mar 31, 2013 | -2.49 Bn |
| Dec 31, 2012 | -2.53 Bn |
| Sep 30, 2012 | -2.58 Bn |
| Jun 30, 2012 | -2.58 Bn |
| Mar 31, 2012 | -2.27 Bn |
| Dec 31, 2011 | -2.90 Bn |
| Sep 30, 2011 | -2.97 Bn |
| Jun 30, 2011 | -3.06 Bn |
| Dec 31, 2010 | -3.01 Bn |