Owens Corning Inc

124.66-2.42 (-1.9%)

Oct 29, 4:00:02 PM EDT · NYSE · OC · USD

Upcoming Earnings

Report date

Nov 5, 2025 (in 6 days)

Key Stats

Market Cap

10.43B

P/E (TTM)

15.26

Basic EPS (TTM)

8.17

Dividend Yield

0.02%

Recent Filings

8-K

Strong Q2 sales, high margins

8/6/25Aug 6, 2025

Owens Corning reported Q2 2025 net sales of $2.7 billion, up 10% year-over-year, boosted by the Doors acquisition, while delivering a 26% adjusted EBITDA margin for the 20th straight quarter. Despite softening residential markets, the company returned $279 million to shareholders via dividends and repurchases, underscoring cash generation strength. It completed the sale of its China and Korea building materials business in July, shedding $130 million in annual revenue. Q3 outlook sees revenue flat at $2.7-$2.8 billion with 23-25% margins amid lower storm activity.

10-Q

Q2 FY2025 results

8/6/25Aug 6, 2025

Owens Corning posted solid Q2 FY2025 results, with net sales up 10% y/y to $2.75B on stronger pricing across segments, though volumes dipped slightly in Roofing and Insulation; gross margin held steady at 31% despite input cost pressures. Operating income rose 21% y/y to $505M, while diluted EPS from continuing operations climbed 34% y/y to $3.91, reconciling to 85.5M diluted shares with no anti-dilution flagged. Doors segment, bolstered by the May 2024 Masonite acquisition for $3.2B cash, drove $554M in sales and contributed meaningfully to growth, recognizing $1.5B goodwill and $1.4B intangibles amortized over 5-21 years. Liquidity remains robust with $230M cash and $1.5B revolver availability, offset by $5.5B total debt including $420M short-term commercial paper; free cash flow not disclosed in the 10-Q. Yet competition in building materials weighs on margins.

8-K

Roofing President resigns abruptly

7/21/25Jul 21, 2025

Owens Corning's President of Roofing, Gunner Smith, resigned on July 16, 2025, to chase another opportunity, shifting to executive consultant on July 21 before full exit on August 8. This leadership shakeup hits the roofing segment hard. No successor named yet. Transition smooths the blow.

8-K

Strong Q1 sales growth

5/7/25May 7, 2025

Owens Corning reported first-quarter 2025 net sales from continuing operations of $2.5 billion, up 25% year-over-year, fueled by the newly acquired Doors business adding $540 million in revenue. Adjusted EBITDA margin held firm at 22%, marking the 19th straight quarter above 20%, while the company returned $159 million to shareholders via dividends and repurchases. The glass reinforcements divestiture stays on track for 2025 close. Solid margins persist amid mixed markets.

10-Q

Q1 2025 results

5/7/25May 7, 2025

Owens Corning's Q1 2025 10-Q shows strong revenue growth from the Masonite acquisition, with net sales up 25% to $2.53B. Net earnings from continuing operations rose to $255M from $277M YoY, driven by the Doors segment's $540M contribution. Adjusted EBITDA increased 10% to $565M. The company completed a $500M revolver increase to $1.5B. Leverage ratio remains compliant at 0.60:1.00. No major risks or events of default noted.

About

Owens Corning provides residential and commercial building products in the United States, Europe, the Asia Pacific, and internationally. It operates through four segments: Roofing, Insulation, Doors, and Composites. The company offers laminate and strip asphalt roofing shingles, roofing components, and oxidized asphalt. It also provides high, mid, and low temperature products; thermal and acoustical batts, loosefill insulation, spray foam, and foam sheathing and accessories under the Owens Corning PINK, Next Gen, and FIBERGLAS Insulation brands; and glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated stone wool insulation, and cellular glass insulation and foam insulation under the FOAMULAR, FOAMGLAS, and Paroc brand names. In addition, the company offers residential interior and exterior doors; aluminum framed glass doors and window solutions; and door components, such as frames, sills, weather-stripping, and hinges and locks. Further, it manufactures, fabricates, and sells glass reinforcements in the form of fiber and mats. The company distributes its products to distributors, home centers and lumberyards, installers, retailers, homebuilders, contractors, dealers, parts molders, and fabricators. Owens Corning was incorporated in 1938 and is headquartered in Toledo, Ohio.

CEO

Mr. Brian D. Chambers

IPO

11/1/2006

Website

https://www.owenscorning.com

Employees

25,000

Sector

Industrials

Industry

Building Products & Equipment