Masco Corporation (MAS) vs Owens Corning Inc (OC)

Masco Corporation and Owens Corning Inc are both Building Products & Equipment companies. Masco Corporation is the larger, with a market value of $14.3B against $9.0B — 1.6× the size. Owens Corning Inc has negative trailing earnings, so its P/E is not meaningful; Masco Corporation trades at 16.8×. Masco Corporation grew revenue faster over the last twelve months: −0.56% against −7.23%. Masco Corporation has the higher net margin (11.6% vs −6.81%) and the higher return on invested capital (32.4% vs 0.36%). Both pay a dividend; Owens Corning Inc yields more (3.41% vs 1.74%). Across the 21 metrics below, Masco Corporation leads on 13 and Owens Corning Inc on 8.

Valuation

Metric MAS OC Building Products & Equipment median
P/E 16.75 n/m 23.15
P/S 1.90 0.92 2.02
P/B n/m 2.38 2.81
Price to free cash flow 12.72 9.32 16.84
EV/EBITDA 12.85 7.19 12.85
EV/Sales 2.26 1.41 2.04
Earnings yield 5.97% (7.15%) 2.76%
Free cash flow yield 7.86% 10.73% 4.23%

Profitability

Metric MAS OC Building Products & Equipment median
Gross margin 36.96% 25.98% 29.19%
Operating margin 17.56% 0.51% 6.99%
Net margin 11.60% (6.81%) 4.05%
Free cash flow margin 14.96% 9.87% 7.60%
Return on equity 5,893.33% (14.89%) 9.28%
Return on assets 16.54% (4.93%) 2.88%
Return on invested capital 32.43% 0.36% 5.16%

Growth

Metric MAS OC Building Products & Equipment median
Revenue growth (TTM) (0.56%) (7.23%) 3.11%
EPS growth (last fiscal year) 2.66% (184.40%) (34.13%)
Revenue growth, 5-year CAGR 1.02% 7.45% 5.37%
Net income growth, 5-year CAGR (7.79%) 0.00% 0.00%

Health

Metric MAS OC Building Products & Equipment median
Debt to equity (27.50) 1.34 0.43
Current ratio 1.86 1.16 1.82
Net debt to EBITDA 1.65 2.14 0.98

Dividend

Metric MAS OC Building Products & Equipment median
Dividend yield 1.74% 3.41% 1.43%
Payout ratio 0.29 — 0.29

Size

Metric MAS OC Building Products & Equipment median
Market cap 14.31b 8.99b 1.17b

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