Owens Corning vs Trane Technologies
Trane Technologies reported revenue of $21.3 billion in fiscal 2025, 2.1 times Owens Corning's $10.1 billion in fiscal 2025. Owens Corning's revenue grew 2.6% in its latest year, and Trane Technologies' grew 7.5%. Owens Corning had an operating margin of 3.6%, against 18.6% at Trane Technologies. Free cash flow was $962 million at Owens Corning and $2.8 billion at Trane Technologies.
Side by side
| Owens Corning | Trane Technologies | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $10.1B | $21.3B |
| Revenue growth | 2.6% | 7.5% |
| Revenue growth a year, last 5 years | 7.4% | 11.4% |
| Gross margin | 28.1% | — |
| Operating margin | 3.6% | 18.6% |
| Net margin | −5.2% | 13.7% |
| Free cash flow | $962M | $2.8B |
| Free cash flow margin | 9.5% | 13.2% |
| Return on capital | 1.9% | 29.0% |
| Net debt to EBITDA | 4.6x | 0.7x |
| Dividends and buybacks | $1.0B | $2.3B |
| Change in diluted share count | −4.3% | −1.5% |
| Last close | $114.26 | $455.03 |
| P/E at the last close | — | 34.4× |
| Insider trades, last 12 months | sold $447,052 | bought $172,176, sold $75.9 million |
| Piotroski F-score | 4 of 9 | 8 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Owens CorningTrane Technologies
Operating margin
Percent of revenue
Owens CorningTrane Technologies
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Owens CorningTrane Technologies
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Owens Corning and Trane Technologies pages.