OC vs. SPGI

Last updated Apr 1, 2026

Compare and contrast key facts about Owens Corning (OC) and S&P Global Inc. (SPGI).

Performance

OC vs. SPGI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Owens Corning (OC) and S&P Global Inc. (SPGI). The values are adjusted to include any dividend payments, if applicable.

OC vs. SPGI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OC Owens Corning	-1.92%	-33.02%	16.61%	77.17%	-4.23%	20.93%	18.12%	50.63%	-51.68%	80.33%
SPGI S&P Global Inc.	-18.42%	5.71%	13.94%	32.79%	-28.38%	44.68%	21.40%	62.27%	1.37%	59.32%

Fundamentals

EPS OC : -$21.08 SPGI : $14.70
PS Ratio OC : 0.60 SPGI : 8.44
Total Revenue (TTM) OC : $10.10B SPGI : $15.34B
Gross Profit (TTM) OC : $2.85B SPGI : $11.65B
EBITDA (TTM) OC : $1.03B SPGI : $7.39B

Returns By Period

In the year-to-date period, OC achieves a -1.92% return, which is significantly higher than SPGI's -18.42% return. Over the past 10 years, OC has underperformed SPGI with an annualized return of 10.29%, while SPGI has yielded a comparatively higher 16.74% annualized return.

OC

• 1D: 3.74%
• 1M: -10.70%
• YTD: -1.92%
• 6M: -21.98%
• 1Y: -22.34%
• 3Y*: 6.11%
• 5Y*: 4.75%
• 10Y*: 10.29%

SPGI

• 1D: 1.86%
• 1M: -3.74%
• YTD: -18.42%
• 6M: -12.23%
• 1Y: -15.63%
• 3Y*: 8.13%
• 5Y*: 4.10%
• 10Y*: 16.74%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

OC vs. SPGI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OC

OC Risk / Return Rank: 18
OC Sharpe Ratio Rank: 16
OC Sortino Ratio Rank: 17
OC Omega Ratio Rank: 18
OC Calmar Ratio Rank: 22
OC Martin Ratio Rank: 19

SPGI

SPGI Risk / Return Rank: 20
SPGI Sharpe Ratio Rank: 19
SPGI Sortino Ratio Rank: 19
SPGI Omega Ratio Rank: 18
SPGI Calmar Ratio Rank: 27
SPGI Martin Ratio Rank: 19

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OC vs. SPGI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Owens Corning (OC) and S&P Global Inc. (SPGI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	OC	SPGI	Difference
Sharpe ratio Return per unit of total volatility	-0.58	-0.53	-0.05
Sortino ratio Return per unit of downside risk	-0.68	-0.53	-0.15
Omega ratio Gain probability vs. loss probability	0.92	0.92	0.00
Calmar ratio Return relative to maximum drawdown	-0.60	-0.48	-0.11
Martin ratio Return relative to average drawdown	-1.21	-1.21	0.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OC vs. SPGI - Sharpe Ratio Comparison

The current OC Sharpe Ratio is -0.58, which is comparable to the SPGI Sharpe Ratio of -0.53. The chart below compares the historical Sharpe Ratios of OC and SPGI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OC	SPGI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.58	-0.53	-0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.14	0.17	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	0.65	-0.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.45	-0.24

Correlation

The correlation between OC and SPGI is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

OC vs. SPGI - Dividend Comparison

OC's dividend yield for the trailing twelve months is around 2.74%, more than SPGI's 0.91% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
OC Owens Corning	2.74%	2.47%	1.41%	1.40%	1.64%	1.15%	1.27%	1.35%	1.43%	0.88%	1.44%	1.45%
SPGI S&P Global Inc.	0.91%	0.73%	0.73%	0.82%	0.99%	0.65%	0.82%	0.84%	1.18%	0.97%	1.34%	1.34%

Drawdowns

OC vs. SPGI - Drawdown Comparison

The maximum OC drawdown since its inception was -85.22%, which is greater than SPGI's maximum drawdown of -74.67%. Use the drawdown chart below to compare losses from any high point for OC and SPGI.

Drawdown Indicators

	OC	SPGI	Difference
Max Drawdown Largest peak-to-trough decline	-85.22%	-74.67%	-10.55%
Max Drawdown (1Y) Largest decline over 1 year	-37.33%	-30.48%	-6.85%
Max Drawdown (5Y) Largest decline over 5 years	-52.48%	-39.76%	-12.72%
Max Drawdown (10Y) Largest decline over 10 years	-66.57%	-39.76%	-26.81%
Current Drawdown Current decline from peak	-46.92%	-24.15%	-22.77%
Average Drawdown Average peak-to-trough decline	-20.44%	-15.16%	-5.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.32%	12.10%	+6.22%

Volatility

OC vs. SPGI - Volatility Comparison

Owens Corning (OC) has a higher volatility of 12.83% compared to S&P Global Inc. (SPGI) at 7.59%. This indicates that OC's price experiences larger fluctuations and is considered to be riskier than SPGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OC	SPGI	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.83%	7.59%	+5.24%
Volatility (6M) Calculated over the trailing 6-month period	25.76%	23.19%	+2.57%
Volatility (1Y) Calculated over the trailing 1-year period	38.35%	29.43%	+8.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.15%	24.30%	+9.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.97%	25.92%	+9.05%

Financials

OC vs. SPGI - Profitability Comparison

The chart below illustrates the profitability comparison between Owens Corning and S&P Global Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

OC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Owens Corning reported a gross profit of 498.00M and revenue of 2.14B. Therefore, the gross margin over that period was 23.3%.

SPGI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, S&P Global Inc. reported a gross profit of 3.92B and revenue of 3.92B. Therefore, the gross margin over that period was 100.0%.

OC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Owens Corning reported an operating income of -225.00M and revenue of 2.14B, resulting in an operating margin of -10.5%.

SPGI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, S&P Global Inc. reported an operating income of 1.67B and revenue of 3.92B, resulting in an operating margin of 42.8%.

OC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Owens Corning reported a net income of -963.00M and revenue of 2.14B, resulting in a net margin of -45.0%.

SPGI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, S&P Global Inc. reported a net income of 1.13B and revenue of 3.92B, resulting in a net margin of 29.0%.