OC
Owens Corning Industrials - Building Products & Equipment Investor Relations →
Owens Corning (OC) closed at $135.74 as of 2026-02-02, trading 6.1% above its 200-week moving average of $127.98. The stock moved further from the line this week, up from -6.2% last week. The 14-week RSI sits at 56, indicating neutral momentum.
Over the past 957 weeks of data, OC has crossed below its 200-week moving average 11 times. On average, these episodes lasted 19 weeks. Historically, investors who bought OC at the start of these episodes saw an average one-year return of +23.6%.
With a market cap of $11.4 billion, OC is a large-cap stock. The company generates a free cash flow yield of 7.7%, which is healthy. Return on equity stands at -1.6%. The stock trades at 2.5x book value.
The company has been aggressively buying back shares, reducing its share count by 15.0% over the past three years.
Over the past 18.4 years, a hypothetical investment of $100 in OC would have grown to $727, compared to $627 for the S&P 500. That represents an annualized return of 11.4% vs 10.5% for the index — confirming OC as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 4.6% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: OC vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After OC Crosses Below the Line?
Across 11 historical episodes, buying OC when it crossed below its 200-week moving average produced an average return of +23.9% after 12 months (median +26.0%), compared to +8.7% for the S&P 500 over the same periods. 89% of those episodes were profitable after one year. After 24 months, the average return was +45.3% vs +24.2% for the index.
Each line shows $100 invested at the moment OC crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
OC has crossed below its 200-week MA 11 times with an average 1-year return of +23.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 2007 | Sep 2009 | 100 | 77.8% | -22.4% | +550.8% |
| Sep 2009 | Oct 2009 | 2 | 8.5% | +18.3% | +664.4% |
| Oct 2009 | Nov 2009 | 1 | 1.7% | +22.3% | +642.7% |
| Sep 2011 | Oct 2011 | 3 | 10.5% | +60.5% | +638.6% |
| Jul 2014 | Aug 2014 | 3 | 2.0% | +33.3% | +375.5% |
| Sep 2014 | Dec 2014 | 15 | 16.1% | +38.1% | +383.7% |
| Sep 2018 | Jun 2019 | 39 | 23.6% | +17.3% | +183.4% |
| Jul 2019 | Sep 2019 | 9 | 5.8% | -0.2% | +169.6% |
| Feb 2020 | Jul 2020 | 20 | 47.5% | +45.6% | +165.6% |
| Oct 2025 | Oct 2025 | 2 | 0.3% | N/A | +8.7% |
| Nov 2025 | Ongoing | 14+ | 19.7% | Ongoing | +31.2% |
| Average | 19 | — | +23.6% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02