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 $13.3B against $9.5B — 1.4× the size. Owens Corning Inc has negative trailing earnings, so its P/E is not meaningful; Masco Corporation trades at 15.8×. 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; Masco Corporation yields more (1.60% vs 1.30%). Across the 21 metrics below, Masco Corporation leads on 14 and Owens Corning Inc on 7.

Valuation

Metric MAS OC Building Products & Equipment median
P/E 15.83 n/m 24.54
P/S 1.80 1.01 2.00
P/B n/m 2.61 3.02
Price to free cash flow 12.02 10.23 18.49
EV/EBITDA 12.26 7.65 12.63
EV/Sales 2.15 1.50 2.14
Earnings yield 6.32% (6.51%) 2.74%
Free cash flow yield 8.32% 9.77% 3.58%

Profitability

Metric MAS OC Building Products & Equipment median
Gross margin 36.96% 25.98% 29.19%
Operating margin 17.56% 0.51% 6.84%
Net margin 11.60% (6.81%) 4.05%
Free cash flow margin 14.96% 9.87% 8.72%
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%) —
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 1.60% 1.30% 1.20%
Payout ratio 0.32 0.12 0.04

Size

Metric MAS OC Building Products & Equipment median
Market cap 13.27b 9.54b 1.18b

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