Owens Corning (OC)
Makes roofing, insulation, and door systems for residential and commercial construction.
$127.57
After hours+0.87 (+0.69%)
At close$126.70(+4.20%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,479 | 2,304 | 2,017 | 2,497 | 3,046 | 2,840 | 2,530 | 2,747 | 2,684 | 2,142 | 2,265 | 2,756 |
| Cost of revenue | 1,712 | 1,638 | 1,383 | 1,676 | 2,134 | 2,033 | 1,806 | 1,879 | 1,927 | 1,631 | 1,747 | 1,963 |
| Gross profit | 767 | 666 | 634 | 821 | 912 | 807 | 724 | 868 | 757 | 511 | 518 | 793 |
| 230 | 256 | 217 | 260 | 315 | 346 | 296 | 299 | 1,084 | 289 | 286 | 311 | |
| Research & development | 29 | 38 | 27 | 32 | 36 | 43 | 35 | 37 | 0 | 39 | 37 | 0 |
| 201 | 218 | 190 | 228 | 279 | 303 | 261 | 262 | 240 | 250 | 258 | 252 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 252 |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 240 | 0 | 0 | 0 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 844 | 0 | −9 | 59 |
| Operating income | 537 | 410 | 417 | 561 | 597 | 461 | 428 | 569 | −327 | 222 | 232 | 482 |
| −90 | −240 | −57 | −203 | −156 | −762 | −85 | −126 | −66 | −510 | −178 | −69 | |
| Interest expense | 17 | 14 | 16 | 64 | 70 | 61 | 64 | 63 | 65 | 64 | 66 | 69 |
| Other non-operating income | 74 | 227 | 41 | 142 | 88 | 705 | 21 | 64 | 1 | 446 | 112 | 0 |
| Income before tax | 447 | 170 | 360 | 358 | 441 | −301 | 343 | 443 | −393 | −288 | 54 | 413 |
| Income tax expense | 110 | 40 | 83 | 101 | 120 | −43 | 88 | 110 | 102 | −7 | 15 | 102 |
| Net income from continuing operations | 337 | 130 | 277 | 257 | 321 | −258 | 255 | 333 | −495 | −281 | 39 | 311 |
| Discontinued operations | 0 | 0 | 21 | 29 | 0 | 0 | −348 | 29 | 1 | −16 | −143 | −84 |
| Net income | 337 | 131 | 299 | 285 | 321 | −258 | −93 | 363 | −494 | −297 | −105 | 226 |
| EPS, basic | $3.74 | $1.48 | $3.43 | $3.27 | $3.69 | −$2.97 | −$1.08 | $4.27 | −$5.92 | −$3.72 | −$1.31 | $2.81 |
| EPS, diluted | $3.71 | $1.46 | $3.40 | $3.24 | $3.65 | −$2.94 | −$1.08 | $4.25 | −$5.92 | −$3.72 | −$1.31 | $2.80 |
| Weighted average shares, basic | 90 | 89 | 87 | 87 | 87 | 87 | 86 | 85 | 83 | 80 | 80 | 80 |
| Weighted average shares, diluted | 91 | 90 | 88 | 88 | 88 | 88 | 86 | 86 | 83 | 80 | 80 | 81 |
| EBITDA | 623 | 316 | 507 | 586 | 694 | −105 | 566 | 677 | −146 | −123 | 294 | 657 |
| Depreciation & amortization | 160 | 133 | 131 | 167 | 185 | 139 | 159 | 172 | 182 | 101 | 174 | 175 |
| EBIT | 463 | 183 | 376 | 419 | 509 | −244 | 407 | 505 | −328 | −224 | 120 | 482 |
