Owens Corning (OC) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$3.1	$3.93	+26.8%	—	$2.8B	—
Q1 26	$0.96	$1.22	+27.1%	—	$2.3B	—
Q4 25	$1.36	$1.1	-19.1%	—	$2.1B	—
Q3 25	$3.72	$3.67	-1.3%	—	$2.7B	—
Q2 25	$3.82	$4.21	+10.2%	—	$2.7B	—
Q1 25	$2.87	$2.97	+3.5%	—	$2.5B	—
Q4 24	$2.91	$3.22	+10.7%	—	$2.8B	—
Q3 24	$4.05	$4.38	+8.1%	—	$3B	—
Q2 24	$4.35	$4.64	+6.7%	—	$2.8B	—
Q1 24	$3.09	$3.59	+16.2%	—	$2.3B	—
Q4 23	$2.86	$3.21	+12.2%	—	$2.3B	—
Q3 23	$3.86	$4.15	+7.5%	—	$2.5B	—
Q2 23	$3.25	$3.85	+18.5%	—	$2.6B	—
Q1 23	$2.22	$2.77	+24.8%	—	$2.3B	—
Q4 22	$2.35	$2.49	+6.0%	—	$2.3B	—
Q3 22	$3.19	$3.57	+11.9%	—	$2.5B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$6.22	—	—	$10.1B	—
FY24	—	$7.45	—	—	$11B	—
FY23	—	$13.3	—	—	$9.7B	—
FY22	—	$12.8	—	—	$9.8B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$5.7B	$6.4B	$7.1B	$7.2B	$7.1B	$8.5B	$9.8B	$9.7B	$11B	$10.1B
YoY change	+6.11%	+12.5%	+10.5%	+1.46%	-1.47%	+20.5%	+14.9%	-0.86%	+13.4%	-7.95%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	5.7B	6.4B	7.1B	7.2B	7.1B	8.5B	9.8B	9.7B	11B	10.1B
Cost of revenue	4.3B	4.8B	5.4B	5.6B	5.4B	6.3B	7.1B	7B	7.7B	7.3B
Gross profit	1.4B	1.6B	1.6B	1.6B	1.6B	2.2B	2.6B	2.7B	3.3B	2.8B
Gross margin	24.3%	24.6%	23.1%	22.5%	22.8%	26.1%	26.8%	27.7%	29.6%	28.1%
Research & development	82M	85M	89M	87M	82M	91M	106M	123M	144M	—
Selling, general & administrative	584M	620M	700M	698M	664M	757M	803M	831M	1B	1B
Operating expenses	680M	772M	825M	822M	804M	779M	1B	1.1B	1.7B	1.3B
Operating income	697M	797M	807M	787M	806M	1.4B	1.6B	1.6B	1.7B	1.6B
Operating margin	12.3%	12.5%	11.4%	11%	11.4%	16.9%	16.2%	16.8%	15.5%	15.5%
Non-operating income, net	1M	-131M	14M	-66M	-930M	1M	139M	44M	-573M	-1.2B
Pretax income	590M	559M	704M	590M	-256M	1.3B	1.6B	1.6B	916M	104M
Income tax	188M	269M	156M	186M	129M	319M	373M	401M	275M	293M
Net income	399M	290M	547M	405M	-385M	995M	1.2B	1.2B	647M	-522M
Net margin	7.03%	4.54%	7.75%	5.66%	-5.46%	11.7%	12.7%	12.3%	5.9%	-5.17%
EBITDA	1B	1.1B	1.3B	1.2B	1.3B	1.9B	2.3B	2.1B	2.4B	2.3B
EPS	3.44	2.59	4.94	3.71	-3.53	9.61	12.8	13.3	7.45	-6.22
Diluted EPS	3.41	2.55	4.89	3.68	-3.53	9.54	12.7	13.1	7.37	-6.22

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	2.5B	2.3B	2.3B	2.8B	3B	2.8B	2.5B	2.7B	2.7B	2.1B	2.3B	2.8B
Cost of revenue	1.8B	1.7B	1.6B	1.9B	2.1B	2B	1.8B	1.9B	1.9B	1.6B	1.8B	2B
Gross profit	727M	615M	680M	867M	908M	799M	725M	858M	757M	498M	510M	793M
Gross margin	29.3%	26.7%	29.6%	31.1%	29.8%	28.1%	28.7%	31.2%	28.2%	23.2%	22.5%	28.8%
Research & development	29M	38M	31M	34M	36M	43M	—	—	—	—	—	—
Selling, general & administrative	201M	219M	212M	249M	279M	304M	261M	263M	240M	250M	258M	252M
Operating expenses	265M	286M	277M	444M	435M	510M	318M	329M	302M	327M	390M	311M
Operating income	462M	329M	403M	457M	509M	332M	407M	529M	455M	171M	120M	482M
Operating margin	18.6%	14.3%	17.5%	16.4%	16.7%	11.7%	16.1%	19.3%	17%	7.98%	5.3%	17.5%
Non-operating income, net	1M	-146M	—	1M	—	-574M	—	-24M	-783M	-395M	—	—
Pretax income	446M	169M	386M	394M	439M	-303M	343M	442M	-393M	-288M	54M	413M
Income tax	110M	40M	88M	110M	120M	-43M	88M	110M	102M	-7M	15M	102M
Net income	337M	130M	298M	286M	321M	-258M	-93M	362M	-494M	-297M	-104M	227M
Net margin	13.6%	5.64%	13%	10.3%	10.5%	-9.08%	-3.68%	13.2%	-18.4%	-13.9%	-4.59%	8.24%
EBITDA	623M	346M	534M	625M	694M	526M	566M	701M	636M	353M	294M	657M
EPS	3.74	1.48	3.42	3.27	3.69	-3	-1.08	4.27	-5.92	-3.65	-1.3	2.81
Diluted EPS	3.71	1.46	3.4	3.24	3.65	-3	-1.08	4.25	-5.92	-3.65	-1.3	2.8

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	5.9B	10.3B	4.9B	7.1B	8.2B	9.4B	8.2B	13.4B	14.8B	9.4B	9.6B
Enterprise value	7.9B	12.4B	8.1B	10.1B	10.8B	11.5B	10.4B	15B	20.1B	14.8B	15.3B
Shares outstanding	114.4M	111.5M	110.4M	109.2M	108.6M	103.5M	96.6M	90.1M	86.9M	84M	84M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	14.8	35.3	8.88	17.6	—	9.41	6.64	11.2	22.9	—	13.6
P/S	1.04	1.61	0.69	0.99	1.17	1.1	0.84	1.38	1.35	0.93	0.98
P/B	1.52	2.44	1.12	1.52	2.09	2.16	1.78	2.56	2.89	2.41	2.55
EV/EBITDA	7.57	11.2	6.49	8.37	8.22	5.91	4.6	7.19	8.43	6.54	7.91
EV/Sales	1.39	1.94	1.15	1.41	1.53	1.36	1.06	1.55	1.83	1.46	1.55
Earnings yield	6.76%	2.83%	11.3%	5.7%	—	10.6%	15.1%	8.93%	4.37%	—	7.36%
FCF yield	9.66%	6.62%	5.48%	8.3%	10.1%	11.6%	15.9%	8.93%	8.41%	10.2%	9.01%
PEG	—	—	—	—	—	—	—	—	—	—	-0.4

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	24.3%	24.6%	23.1%	22.5%	22.8%	26.1%	26.8%	27.7%	29.6%	28.1%	28.8%
Operating margin	12.3%	12.5%	11.4%	11%	11.4%	16.9%	16.2%	16.8%	15.5%	15.5%	17.8%
Net margin	7.03%	4.54%	7.75%	5.66%	-5.46%	11.7%	12.7%	12.3%	5.9%	-5.17%	-6.81%
ROE	10.3%	6.9%	12.7%	8.67%	-9.77%	23%	26.9%	22.9%	12.6%	-13.4%	-9.45%
ROA	5.15%	3.36%	5.6%	4.05%	-4.06%	9.94%	11.5%	10.6%	4.6%	-4.02%	5.79%
ROIC	8.08%	6.49%	8.26%	7.01%	12.4%	16.8%	18.1%	17.7%	11.5%	0%	13.2%
Return on tangible assets	14.3%	10%	23.6%	15%	-9.23%	20.7%	26%	22.1%	21.5%	-11.5%	-14.9%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.65	1.55	1.58	1.55	1.81	1.82	1.69	1.69	1.47	1.26	1.16
Quick ratio	0.91	0.89	0.74	0.77	1.22	1.19	1.06	1.17	0.78	0.7	0.67
Debt / equity	0.54	0.57	0.78	0.68	0.83	0.72	0.7	0.63	1.1	1.47	1.5
Debt / assets	0.27	0.28	0.34	0.32	0.35	0.31	0.3	0.29	0.4	0.44	0.45
Net debt / EBITDA	1.91	1.95	2.62	2.49	1.95	1.11	0.94	0.79	2.21	2.37	2.81
Interest coverage	6.46	6.22	7.02	5.5	-0.94	11.4	15.8	21.9	5.32	1.41	0.19
Effective tax rate	31.9%	48.1%	22.2%	31.5%	0%	24.3%	23.1%	25.2%	30%	100%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	49.6	57.3	63.9	65.6	65	82.1	101	107.4	126.3	120.3	120.7
EPS (basic)	3.44	2.59	4.94	3.71	-3.53	9.61	12.8	13.3	7.45	-6.22	-6.22
EPS (diluted)	3.41	2.55	4.89	3.68	-3.53	9.54	12.7	13.1	7.37	-6.22	-4.82
Book value per share	34	37.7	39.2	42.8	36.3	41.9	47.8	57.8	58.9	46.3	47.7
FCF per share	4.98	6.09	2.41	5.4	7.62	10.5	13.6	13.2	14.3	11.5	11.1
Cash per share	0.98	2.21	0.71	1.58	6.6	9.27	11.4	17.9	4.15	4.11	3.43
Capex per share	3.26	3.02	4.86	4.09	2.83	4.02	4.62	5.84	7.45	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	6.57%	5.28%	7.61%	6.24%	4.35%	4.9%	4.57%	5.44%	5.9%	—	—
Capex / operating cash flow	41.2%	49.3%	60.2%	46%	202%	33.4%	31.6%	30.3%	48.9%	—	—
Payout ratio	20.3%	30.7%	16.8%	23.5%	-27%	10.9%	11%	15.8%	32.1%	-44.4%	31.6%
Dividend yield	1.37%	0.87%	1.89%	1.34%	1.26%	1.15%	1.65%	1.41%	1.41%	2.47%	2.59%

Yield

2.59%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.79

ex-dividend Jul 20, 2026

Payout ratio

32%

of earnings

Dividend growth

7 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 20, 2026	$0.79
Mar 9, 2026	$0.79
Jan 5, 2026	$0.79

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$2.5B	$2.3B	$2.3B	$2.8B	$3B	$2.8B	$2.5B	$2.7B	$2.7B	$2.1B	$2.3B	$2.8B
YoY change	-1.98%	+0.83%	-1.33%	+8.82%	+22.9%	+23.3%	+10%	-1.51%	-11.9%	-24.6%	-10.5%	+0.33%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	112M	246M	78M	172M	717M	959M	1.1B	1.6B	361M	345M
Receivables	678M	806M	794M	770M	919M	939M	961M	987M	1.2B	937M
Inventory	710M	841M	1.1B	1B	855M	1.1B	1.3B	1.2B	1.6B	1.5B
Total current assets	1.6B	2B	2B	2.1B	2.6B	3.1B	3.6B	3.9B	3.4B	3.3B
Property, plant & equipment	2.2B	2.5B	2.7B	2.9B	2.7B	2.8B	2.7B	2.8B	3.2B	3.3B
Goodwill & intangibles	4.9B	5.7B	7.5B	7.3B	5.3B	5.2B	6B	5.8B	11.1B	8.4B
Total assets	7.7B	8.6B	9.8B	10B	9.5B	10B	10.8B	11.2B	14.1B	13B
Accounts payable	615M	834M	851M	815M	875M	1.1B	1.3B	1.2B	1.4B	1.3B
Short-term debt	3M	5M	—	66M	55M	49M	80M	493M	125M	568M
Total current liabilities	963M	1.3B	1.3B	1.3B	1.4B	1.7B	2.1B	2.3B	2.3B	2.7B
Long-term debt	2.1B	2.4B	3.4B	3.1B	3.2B	3.1B	3.1B	2.8B	5.5B	5.1B
Total liabilities	3.9B	4.4B	5.4B	5.3B	5.5B	5.7B	6.1B	6B	9B	9.1B
Shareholders' equity	3.9B	4.2B	4.3B	4.7B	3.9B	4.3B	4.6B	5.2B	5.1B	3.9B
Total debt	2.1B	2.4B	3.4B	3.2B	3.3B	3.1B	3.2B	3.3B	5.6B	5.7B
Net debt	2B	2.2B	3.3B	3B	2.6B	2.2B	2.1B	1.7B	5.3B	5.4B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	1.3B	1.6B	1.2B	254M	499M	361M	400M	230M	286M	345M	272M	271M
Receivables	1.3B	987M	1.4B	1.7B	1.6B	1.2B	1.6B	1.6B	1.4B	937M	1.4B	1.5B
Inventory	1.2B	1.2B	1.2B	1.6B	1.6B	1.6B	1.4B	1.5B	1.4B	1.5B	1.5B	1.5B
Total current assets	3.9B	3.9B	4B	3.7B	3.9B	3.4B	3.9B	3.9B	3.7B	3.3B	3.7B	3.4B
Property, plant & equipment	2.7B	2.8B	2.7B	3.6B	3.5B	3.2B	3B	3B	3B	3.3B	3.2B	3.2B
Goodwill & intangibles	5.8B	5.8B	5.8B	11.4B	11.3B	11.1B	10.8B	11B	9.3B	8.4B	8.3B	8.2B
Total assets	11.1B	11.2B	11.3B	15B	15.1B	14.1B	14.3B	14.5B	13.5B	13B	13.1B	12.7B
Accounts payable	1.2B	1.2B	1.2B	1.4B	1.4B	1.4B	1.3B	1.3B	1.3B	1.3B	1.3B	1.4B
Short-term debt	60M	493M	492M	677M	525M	125M	617M	538M	558M	568M	905M	1.1B
Total current liabilities	1.8B	2.3B	2.3B	2.7B	2.7B	2.3B	2.7B	2.6B	2.7B	2.7B	3B	3B
Long-term debt	3.2B	2.8B	2.8B	5.4B	5.4B	5.5B	5.4B	5.4B	5B	5.1B	5.1B	4.6B
Total liabilities	5.9B	6B	6B	9.5B	9.4B	9B	9.3B	9.3B	9.1B	9.1B	9.4B	8.9B
Shareholders' equity	5.2B	5.2B	5.3B	5.5B	5.7B	5.1B	4.9B	5.2B	4.4B	3.9B	3.7B	3.8B
Total debt	3.2B	3.3B	3.3B	6.1B	6B	5.6B	6B	6B	5.6B	5.7B	6B	5.7B
Net debt	1.9B	1.7B	2.1B	5.8B	5.5B	5.3B	5.6B	5.7B	5.3B	5.4B	5.8B	5.5B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	399M	290M	547M	405M	-385M	995M	1.2B	1.2B	647M	-522M
Depreciation & amortization	343M	371M	433M	457M	493M	502M	531M	609M	677M	694M
Stock-based compensation	41M	44M	47M	39M	41M	50M	51M	51M	93M	71M
Change in working capital	56M	-133M	-170M	44M	69M	-320M	-382M	125M	34M	107M
Operating cash flow	906M	684M	892M	971M	152M	1.2B	1.4B	1.7B	1.3B	1.8B
Capital expenditure	-373M	-337M	-537M	-447M	-307M	-416M	-446M	-526M	-647M	—
Investing cash flow	-811M	-898M	-1.5B	-363M	-205M	-377M	-623M	-356M	-3.4B	59M
Dividends paid	-81M	-89M	-92M	-95M	-104M	-108M	-136M	-188M	-208M	-232M
Share repurchases	-247M	-159M	-236M	-61M	-318M	-570M	-795M	-657M	-491M	-815M
Financing cash flow	-763M	-1.1B	-1.2B	-2.8B	-1.3B	-877M	-979M	-877M	334M	-1.1B
Net change in cash	-668M	-1.3B	-1.9B	-2.2B	-1.3B	-9M	-189M	501M	-1.7B	773M
Free cash flow	570M	679M	266M	590M	828M	1.1B	1.3B	1.2B	1.2B	962M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	337M	130M	298M	286M	321M	-258M	-93M	362M	-494M	-297M	-104M	227M
Depreciation & amortization	160M	163M	131M	167M	185M	194M	159M	172M	182M	181M	174M	175M
Stock-based compensation	11M	13M	14M	39M	21M	19M	21M	18M	15M	17M	18M	17M
Change in working capital	—	—	-405M	26M	—	—	-481M	-226M	—	—	—	—
Operating cash flow	518M	205M	24M	493M	489M	-92M	-49M	327M	918M	590M	-154M	398M
Capital expenditure	-110M	-136M	-152M	-157M	-141M	-197M	-203M	—	—	—	—	—
Investing cash flow	-117M	-137M	-146M	-151M	-39M	-200M	-159M	10M	0	5M	43M	26M
Dividends paid	-47M	-46M	-52M	-52M	-52M	-52M	-59M	-59M	-58M	-56M	-63M	-64M
Share repurchases	-144M	-238M	-161M	-24M	-203M	-103M	-136M	-227M	-220M	-232M	-22M	-208M
Financing cash flow	-200M	-292M	-234M	1.6B	-420M	-567M	264M	-378M	-670M	-289M	235M	-598M
Net change in cash	201M	-224M	-356M	1.9B	30M	-859M	56M	-41M	248M	306M	124M	-174M
Free cash flow	581M	562M	-128M	336M	558M	479M	-252M	129M	752M	333M	-387M	199M

Owens Corning Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement