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Owens Corning

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Owens Corning • NYSE
$113.24 ▲ 1.51% (+1.68)
Market Cap $9.31 B
52w High $206.47
52w Low $97.53
Dividend Yield 2.76%
P/E -131.67
Volume 889.61K
Outstanding Shares 82.19M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $2.684B ▼ $1.084B ▲ $-494M ▼ -18.405% ▼ $-5.92 ▼ $-146M ▼
Q2-2025 $2.747B ▲ $299M ▲ $363M ▲ 13.214% ▲ $4.27 ▲ $677M ▲
Q1-2025 $2.53B ▼ $296M ▼ $-93M ▲ -3.676% ▲ $-1.08 ▲ $566M ▲
Q4-2024 $2.84B ▼ $346M ▲ $-258M ▼ -9.085% ▼ $-2.97 ▼ $-105M ▼
Q3-2024 $3.046B $315M $321M 10.538% $3.69 $694M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $294M ▲ $13.517B ▼ $9.079B ▼ $4.399B ▼
Q2-2025 $230M ▼ $14.483B ▲ $9.279B ▼ $5.163B ▲
Q1-2025 $400M ▲ $14.266B ▲ $9.342B ▲ $4.882B ▼
Q4-2024 $361M ▼ $14.075B ▼ $8.955B ▼ $5.077B ▼
Q3-2024 $499M $15.054B $9.381B $5.623B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-494M ▼ $918M ▲ $-166M ▲ $-671M ▼ $78M ▲ $752M ▲
Q2-2025 $362M ▲ $327M ▲ $-188M ▼ $-376M ▼ $-175M ▼ $129M ▲
Q1-2025 $-93M ▲ $-49M ▼ $-159M ▲ $264M ▲ $79M ▲ $-252M ▼
Q4-2024 $-258M ▼ $676M ▼ $-200M ▼ $-567M ▼ $-150M ▼ $479M ▼
Q3-2024 $321M $699M $-39M $-420M $245M $558M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Doors
Doors
 $560.00M ▲$540.00M ▼$550.00M ▲$550.00M ▲
Insulation
Insulation
 $930.00M ▲$910.00M ▼$930.00M ▲$940.00M ▲
Intersegment Eliminations
Intersegment Eliminations
 $0 ▲$-40.00M ▼$-40.00M ▲$-40.00M ▲
Roofing
Roofing
 $910.00M ▲$1.12Bn ▲$1.30Bn ▲$1.24Bn ▼
Composites
Composites
 $520.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Owens Corning’s sales have climbed steadily over the past several years, showing that demand for its products has generally grown despite a choppy construction cycle. Profitability at the operating level has improved, with the core business earning more on each dollar of revenue than it did a few years ago. However, net income and earnings per share have been more volatile, with the most recent year showing record sales and strong operating profit but a noticeably weaker bottom line than the prior two years. That gap between operating profit and net profit suggests impacts from items like interest costs, taxes, or one‑time charges. Overall, the income statement shows a solid, scaled business with good pricing and cost control, but also exposure to cyclical swings and non‑operating factors that can move reported earnings around from year to year.

Balance Sheet

Balance Sheet The balance sheet has expanded, reflecting a larger, more capital‑intensive business with more plants, equipment, and related assets. Shareholders’ equity has grown over time, indicating that the company has retained a meaningful amount of past profits. At the same time, total debt has risen in the most recent year, making the capital structure more leveraged than it was a few years ago. Cash on hand has stepped down recently from prior elevated levels, which could reflect spending on buybacks, acquisitions, or debt repayment. In short, Owens Corning appears to have a solid asset base and a respectable equity cushion, but with higher reliance on debt financing than in the past, which makes interest costs and credit conditions more important to watch.

Cash Flow

Cash Flow Owens Corning generates robust cash flow from its operations, and this cash generation has generally trended higher along with the business. After funding capital spending, the company still produces healthy free cash flow, which gives it room to return capital to shareholders, reduce debt, or invest in growth projects. Capital expenditures have been increasing but remain comfortably covered by operating cash flow, suggesting that reinvestment is being funded internally rather than through heavy borrowing. The cash flow profile looks like that of a mature industrial company: relatively steady, tied to the construction cycle, but strong enough to support both investment and balance sheet management. The main risk is that a sharp downturn in construction activity could compress cash flows, though recent years show resilience through different conditions.

Competitive Edge

Competitive Edge Owens Corning holds a strong competitive position in building materials, anchored by a well‑known brand, especially its distinctive pink insulation, and a long history in fiberglass and materials science. Its products are deeply embedded in contractor and distributor channels, and its broad distribution network makes it hard for smaller rivals to match its reach and availability. Proprietary features like SureNail roofing technology and system‑oriented “building envelope” solutions give it performance and convenience advantages that resonate with installers. Vertical integration and manufacturing scale help it manage costs, which is vital in a price‑sensitive industry. Its emphasis on sustainability and energy efficiency also aligns well with evolving building codes and customer preferences, reinforcing its moat against both traditional competitors and low‑cost entrants.

Innovation and R&D

Innovation and R&D Innovation is a core part of Owens Corning’s identity, starting with its historic role in fiberglass and continuing with newer products like its next‑generation insulation and advanced roofing technologies. The company focuses on improving ease of installation, durability, and energy performance, which directly addresses contractor pain points and regulatory pressures. Awards and internal recognition programs highlight a structured approach to research and development, rather than ad‑hoc product tweaks. Owens Corning is also pushing into more sustainable and circular solutions, including higher recycled content and lower‑carbon materials, as well as advanced composites for wind, transportation, and infrastructure. Looking ahead, areas such as smarter building envelope systems and higher‑performance composites represent important levers for future growth and margin expansion, though the payoff from this innovation work typically unfolds over many years.

Summary

Owens Corning combines steady growth in its core construction materials business with improved operating profitability and strong cash generation, reflecting both scale and disciplined execution. The balance sheet shows a larger company that has leaned more on debt recently but still retains a meaningful equity base, giving it room to navigate industry cycles. Cash flows are a clear strength, comfortably covering capital spending and leaving flexibility for shareholder returns and strategic moves. Competitively, the company benefits from powerful branding, deep distribution relationships, technical differentiation, and an increasingly important sustainability angle. Its ongoing investment in materials science, building systems, and composites positions it well for evolving energy‑efficiency standards and infrastructure needs, though results will remain sensitive to construction activity, housing cycles, and broader economic conditions.

NEWS

November 20, 2025 · 10:00 AM UTC

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Owens Corning - OC

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November 10, 2025 · 7:00 AM UTC

Olive Resource Capital Provides Update on Investments for October 2025

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November 5, 2025 · 6:00 AM UTC

Owens Corning Announces Third-Quarter 2025 Results

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October 22, 2025 · 10:00 AM UTC

Northstar Enterprise + Defense Expands Leadership in Modular Data Centers with Owens Corning Collaboration and AI-Optimized Edge Infrastructure

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October 15, 2025 · 7:30 AM UTC

Owens Corning to Announce Third-Quarter Financial Results on November 5

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