OC Stock - Owens Corning
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $10.97B | $9.68B | $9.76B | $8.50B | $7.05B |
| Gross Profit | $3.29B | $2.84B | $2.71B | $2.22B | $1.64B |
| Gross Margin | 30.0% | 29.3% | 27.8% | 26.1% | 23.3% |
| Operating Income | $2.11B | $1.89B | $1.81B | $1.37B | $895.00M |
| Net Income | $647.00M | $1.20B | $1.24B | $995.00M | $-383,000,000 |
| Net Margin | 5.9% | 12.4% | 12.7% | 11.7% | -5.4% |
| EPS | $7.44 | $13.27 | $12.85 | $9.61 | $-3.55 |
Owens Corning manufactures and markets insulation, roofing, and fiberglass composite materials in the United States, Canada, Europe, the Asia Pacific, and internationally. It operates in three segments: Composites, Insulation, and Roofing. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber; and glass fiber products in the form of fabrics, non-wovens, and other specialized products. Its products are used in building structures, roofing shingles, tubs and showers, pools, flooring, pipes and tanks, poles, electrical equipment, and wind-energy turbine blades applications in the building and construction, renewable energy, and infrastructure markets. This segment sells its products directly to parts molders, fabricators, and shingle manufacturers. The Insulation segment manufactures and sells insulation products for residential, commercial, industrial, and other markets for thermal and acoustical applications; and glass fiber pipe insulation, flexible duct media, bonded and granulated mineral fiber insulation, cellular glass insulation, and foam insulation products used in construction applications. This segment sells its products primarily to the insulation installers, home centers, lumberyards, retailers, and distributors under the Thermafiber, FOAMULAR, FOAMGLAS, Paroc, Owens Corning PINK, and FIBERGLAS Insulation brand names. The Roofing segment manufactures and sells aminate and strip asphalt roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction, and specialty applications, as well as synthetic packaging materials. This segment sells its products through distributors, home centers, lumberyards, retailers, and contractors, as well as to roofing contractors for built-up roofing asphalt systems; and manufacturers in automotive, chemical, rubber, and construction industries. Owens Corning was incorporated in 1938 and is headquartered in Toledo, Ohio.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 20th 2025 | Vertical Research | Initiation | Hold | - |
| May 9th 2025 | Wolfe Research | Upgrade | Outperform | - |
| April 1st 2025 | Deutsche Bank | Initiation | Buy | $183 |
| December 17th 2024 | Wells Fargo | Upgrade | Overweight | $225← $195 |
| December 11th 2024 | Barclays | Upgrade | Overweight | $245← $192 |
| July 11th 2024 | Citigroup | Upgrade | Buy | $191← $178 |
| June 17th 2024 | Goldman | Resumed | Neutral | $187 |
| May 22nd 2024 | Jefferies | Resumed | Buy | $215 |
| May 21st 2024 | RBC Capital Mkts | Reiterated | Outperform | $201← $192 |
| February 15th 2024 | Evercore ISI | Downgrade | In-line | $154← $163 |
| February 12th 2024 | Barclays | Downgrade | Equal Weight | $160← $170 |
| December 14th 2023 | JP Morgan | Reiterated | Neutral | $161← $116 |
| December 8th 2023 | Deutsche Bank | Upgrade | Buy | $180← $130 |
| October 17th 2023 | Wells Fargo | Initiation | Equal Weight | $143 |
| September 7th 2023 | Goldman | Upgrade | Neutral | $150← $113 |
Earnings History & Surprises
OCEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 5, 2026 | — | — | — | — |
Q1 2026 | Feb 23, 2026 | $1.29 | — | — | — |
Q4 2025 | Nov 5, 2025 | $3.64 | $3.67 | +0.8% | ✓ BEAT |
Q3 2025 | Aug 6, 2025 | $3.82 | $4.21 | +10.2% | ✓ BEAT |
Q2 2025 | May 7, 2025 | $2.87 | $2.97 | +3.5% | ✓ BEAT |
Q1 2025 | Feb 24, 2025 | $2.91 | $3.22 | +10.7% | ✓ BEAT |
Q4 2024 | Nov 6, 2024 | $4.05 | $4.38 | +8.1% | ✓ BEAT |
Q3 2024 | Aug 6, 2024 | $4.35 | $4.64 | +6.7% | ✓ BEAT |
Q2 2024 | Apr 24, 2024 | $3.08 | $3.59 | +16.6% | ✓ BEAT |
Q1 2024 | Feb 14, 2024 | $2.82 | $3.21 | +13.8% | ✓ BEAT |
Q4 2023 | Oct 25, 2023 | $3.82 | $4.15 | +8.6% | ✓ BEAT |
Q3 2023 | Jul 26, 2023 | $3.23 | $4.22 | +30.7% | ✓ BEAT |
Q2 2023 | Apr 26, 2023 | $2.20 | $2.77 | +25.9% | ✓ BEAT |
Q1 2023 | Feb 15, 2023 | $2.34 | $2.49 | +6.4% | ✓ BEAT |
Q4 2022 | Oct 26, 2022 | $3.19 | $3.57 | +11.9% | ✓ BEAT |
Q3 2022 | Jul 27, 2022 | $3.33 | $3.83 | +15.0% | ✓ BEAT |
Q2 2022 | Apr 27, 2022 | $2.43 | $2.84 | +16.9% | ✓ BEAT |
Q1 2022 | Feb 16, 2022 | $1.91 | $2.20 | +15.2% | ✓ BEAT |
Q4 2021 | Oct 27, 2021 | $2.46 | $2.52 | +2.4% | ✓ BEAT |
Q3 2021 | Jul 28, 2021 | $2.14 | $2.60 | +21.5% | ✓ BEAT |
Latest News
Owens Corning Hikes Quarterly Cash Dividend From $0.69 To $0.79 Per Share
📈 PositiveOwens Corning shares are trading lower after the company reported worse-than-expected Q3 financial results and issued Q4 sales guidance below estimates.
📉 NegativeFrequently Asked Questions about OC
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