Owens Corning Earnings Reports

Owens Corning reported Q4 2024 revenue of $2.84 billion, a 23% increase from the prior year. The company posted a net loss of $258 million, primarily due to impairment and restructuring charges. Adjusted EBIT rose 10% to $430 million, with adjusted EPS at $3.22. The newly acquired Doors business contributed $564 million in revenue. Free cash flow for the quarter was $479 million.

Owens Corning reported strong third-quarter 2024 results, with net sales of $3.0 billion, a 23% increase from the prior year, driven by the newly acquired Doors business. The company's net earnings were $321 million, with an adjusted EBIT of $582 million. They delivered diluted EPS of $3.65 and adjusted diluted EPS of $4.38. The company generated strong operating cash flow and returned $252 million to shareholders through dividends and share repurchases.

Owens Corning reported a strong second quarter with net sales of $2.8 billion, a 9% increase from the prior year. The company generated net earnings of $285 million and adjusted EBIT of $588 million. The newly acquired Doors business contributed $311 million in revenue.

Owens Corning reported net sales of $2.3 billion, in-line with the prior year. The company generated net earnings of $299 million and adjusted EBIT of $438 million. Diluted EPS was $3.40 and adjusted diluted EPS was $3.59.

Owens Corning reported Q4 2023 net sales of $2.304 billion and net earnings attributable to Owens Corning of $131 million. The company's full-year net sales reached $9.7 billion, with earnings of $1.2 billion and adjusted EBIT of $1.8 billion.

Owens Corning reported net sales of $2.5 billion, with net earnings of $337 million and adjusted EBIT of $518 million. The company grew adjusted EBIT margins to 21% and adjusted EBITDA margins to 26%. They generated operating cash flow of $691 million and free cash flow of $581 million.

Owens Corning's first-quarter 2023 results revealed net sales of $2.3 billion, aligning with the previous year, and net earnings reached $383 million. The company's adjusted EBIT margin stood at 15%, while the adjusted EBITDA margin was 21%.

Owens Corning reported a net sales increase of 7% and net earnings attributable to Owens Corning of $124 million. The company's adjusted EBIT was $333 million and adjusted EBITDA was $460 million. Diluted EPS was $1.32 and adjusted diluted EPS was $2.49. Operating cash flow was $675 million and free cash flow was $535 million.

Owens Corning reported a strong third quarter with net sales increasing by 14% to $2.5 billion. The company delivered diluted EPS of $4.84 and adjusted diluted EPS of $3.57. They generated operating cash flow of $461 million and free cash flow of $367 million.

Owens Corning reported a strong second quarter with record net sales of $2.6 billion, a 16% increase year-over-year. The company's adjusted EBIT margin expanded to 20%, and adjusted EBITDA margin reached 25%. Diluted EPS was $3.49, while adjusted diluted EPS was $3.83. The company generated $466 million in operating cash flow and $361 million in free cash flow.

Owens Corning reported a strong start to the year with record net sales of $2.3 billion, net earnings of $304 million, and adjusted EBIT of $417 million, driven by strong execution and strategic investments.

Owens Corning reported a strong finish to 2021, with record full-year results. The company's fourth-quarter net sales increased by 11% to $2.131 billion, and net earnings attributable to Owens Corning were $227 million. The company is managing inflation and supply chain disruptions.

Owens Corning reported consolidated net sales of $2.2 billion, a 16% increase compared to Q3 2020. Net earnings attributable to Owens Corning were $260 million, or $2.50 per diluted share. Adjusted EBIT was $400 million, compared to $289 million in the same period in 2020.

Owens Corning reported record second-quarter results with net sales of $2.2 billion, net earnings of $298 million, and adjusted EBIT of $408 million. All three businesses continued to perform well, driven by strong commercial and operational execution.

Owens Corning reported consolidated net sales of $1.9 billion, a 20% increase compared to 2020, along with net earnings of $210 million, or $1.98 per diluted share. Adjusted EBIT was $282 million, compared to $116 million in the same period in 2020. The company generated operating cash flow of $204 million and free cash flow of $120 million.

Owens Corning reported a 14% increase in net sales for Q4 2020, reaching $1.9 billion. Net earnings attributable to Owens Corning were $232 million, or $2.13 per diluted share, compared to $73 million, or $0.66 per diluted share in Q4 2019. Adjusted earnings were $207 million, or $1.90 per diluted share, compared to $125 million, or $1.13 per diluted share in the same period last year.

Owens Corning reported consolidated net sales of $1.9 billion in Q3 2020, a 1% increase compared to Q3 2019. Net earnings attributable to Owens Corning were $206 million, or $1.88 per diluted share, compared to $150 million, or $1.36 per diluted share, in Q3 2019. Adjusted EBIT was $289 million, compared with $277 million in 2019.

Owens Corning reported consolidated net sales of $1.6 billion in second-quarter 2020, a decrease of 15% compared to the previous year. Second-quarter 2020 net earnings attributable to Owens Corning were $96 million, or $0.88 per diluted share. Adjusted EBIT was $167 million, compared with $231 million in 2019.

Owens Corning reported consolidated net sales of $1.6 billion, a decrease of 4% compared to 2019. The company's 2020 results included non-cash pre-tax impairment charges related to the Insulation business of $987 million. First-quarter 2020 adjusted earnings were $65 million, or $0.60 per diluted share, compared with $58 million, or $0.53 per diluted share, during the same period one year ago.

Owens Corning reported Q4 2019 consolidated net sales of $1.7 billion, a decrease of 2% compared to the same period in 2018. Net earnings attributable to Owens Corning were $73 million, or $0.66 per diluted share, compared to $171 million, or $1.55 per diluted share, in Q4 2018. Adjusted earnings were $125 million, or $1.13 per diluted share, compared to $152 million, or $1.38 per diluted share, during the same period one year ago. Full-year 2019 net sales were $7.2 billion and operating cash flow was $1 billion.