Owens Corning Q1 2025 Earnings Report
Key Takeaways
Owens Corning reported a 25% year-over-year increase in revenue to $2.53 billion, driven by strong performance across its segments and the integration of its newly acquired Doors business. The company maintained robust profitability with a 22% adjusted EBITDA margin and returned $159 million to shareholders.
Revenue rose 25% YoY to $2.53B, including $540M from the new Doors business.
Maintained 22% adjusted EBITDA margin for the 19th straight quarter.
Diluted EPS was $2.95; Adjusted EPS was $2.97.
Returned $159M to shareholders through dividends and buybacks.
Owens Corning
Owens Corning
Owens Corning Revenue by Segment
Forward Guidance
Owens Corning expects continued strong performance in Q2 2025 with high-single-digit revenue growth and adjusted EBITDA margin in the low-to-mid 20% range.
Positive Outlook
- High-single-digit revenue growth expected from continuing operations
- Adjusted EBITDA margin forecasted in low-to-mid 20% range
- Limited second-quarter impact from tariffs due to mitigation measures
- Strengthened market position with new Doors business integration
- Structural improvements support performance in mixed markets
Challenges Ahead
- Residential construction and remodeling activity expected to remain soft
- Non-residential construction facing headwinds in North America
- Discontinued operations weighed on overall company earnings
- Operating and free cash flows turned negative in Q1
- Higher interest expenses impacted net earnings
Revenue & Expenses
Visualization of income flow from segment revenue to net income