Owens Corning

Manufactures insulation, roofing, composites, and doors

Owens Corning

Manufactures insulation, roofing, composites, and doors

Overview

Owens Corning focuses on building materials for construction, with three main segments: Composites, Insulation, and Roofing. Following its acquisition of Masonite, the portfolio also includes interior and exterior doors and door systems. Its products span insulation materials that improve energy efficiency, roofing products that protect against weather, and fiberglass composites used in a range of applications, including construction and manufacturing. These offerings are used across residential, commercial, and industrial projects. The company differentiates itself through its large, global scale and its integrated product lineup—covering core building envelopes and related components like doors—paired with a focus on materials science and sustainability to serve the full lifecycle of a project. The goal is to provide reliable, energy-efficient building solutions at scale that help customers create durable, efficient structures worldwide.

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About Owens Corning

Simplify's Rating

Why Owens Corning is rated

C+

Rated B on Competitive Edge

Rated C on Growth Potential

Rated C on Differentiation

Industries

Industrial & Manufacturing

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Toledo, OH

Founded

1938

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Simplify's take

What believers are saying

Insulation revenue rose 6% in Q3 2026, supported by stronger non-residential and European demand.
Owens Corning generated $622 million free cash flow and $813 million operating cash flow in Q3.
Management will add Alabama roofing capacity and raise interior door prices in January 2027.

What critics are saying

On November 4, 2026, Owens Corning booked a $476 million Doors impairment tied to Masonite.
Weak storms and distributor destocking slashed Roofing sales 16% and continue into early 2027.
Tariffs, transportation inflation, and production downtime crushed Doors margins to 5%, threatening Masonite's thesis.

What makes Owens Corning unique

Owens Corning spans roofing, insulation, composites, and doors across construction channels.
Brian Chambers' integrated platform gives contractors bundled weatherproofing and thermal performance solutions.
Alabama roofing capacity and Masonite doors broaden cross-sell into repair, remodel, and new-build channels.

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Benefits

Health Insurance
Employee Stock Purchase Plan
Parental Leave
Adoption Assistance

Stock Price

Company News

Yahoo Finance

Nov 8th, 2026

Owens Corning misses Q3 estimates with $2.49B revenue; analysts probe destocking and weak storms

Owens Corning missed Wall Street estimates in the third quarter of 2026. Revenue fell 7.3% year on year to $2.49 billion, against analyst expectations of $2.62 billion. Adjusted earnings per share were $2.44, versus the expected $3.05. Adjusted EBITDA was $489 million, below the $554.1 million analysts expected. The company guided fourth-quarter revenue to $2.1 billion at the midpoint, short of the $2.23 billion estimate. Chief executive officer Brian Chambers blamed weak storm activity and distributor destocking, which he said each explain about half of the roofing volume decline. He expects both factors to be temporary, though higher-cost inventory will weigh on margins into early 2027. The company will go ahead with new roofing capacity in Alabama. Shares trade at $124.27, up from $117.97 before the results.

Florida Politics

Nov 8th, 2026

Habitat for Humanity of Tampa Bay Hillsborough marks Veterans Day with week of home repairs for Tampa Bay veterans.

Habitat for Humanity of Tampa Bay Hillsborough marks Veterans Day with week of home repairs for Tampa Bay veterans. Habitat for Humanity of Tampa Bay Hillsborough is bringing volunteers and corporate partners together to repair homes and improve housing for local veterans as part of its annual Veterans Build Week of Service. Habitat for Humanity of Tampa Bay Hillsborough is recognizing Veterans Day through its annual Veterans Build Week of Service, uniting volunteers and community partners for a series of projects serving local veterans. Things kicked off on Friday with a two-day project at the James Cole Veterans Village in Tampa, which provides transitional housing and supportive services for homeless veterans in Hillsborough County. Volunteers renovated apartment units with fresh paint, repairs and other improvements. The work Friday was completed by Johnson & Johnson volunteers, while teams from Lowe's and engineering-consultant BGE took over on Saturday. Build Week will continue on Tuesday, Nov. 10, when volunteers will rebuild a garden shed destroyed by hurricanes Helene and Milton for Air Force veteran Charles Williams and his wife, Gloria. Charles served four years on active duty after enlisting in 1968 as an Engineering Entomology Technician assigned to the 1st Civil Engineering Squadron, Tactical Air Command. The couple's home in Brandon needed extensive repairs after storm damage, but their insurance wouldn't cover the costs. Fortunately, Habitat's Red Cross Disaster Recovery and Resilience plan provided them with a new roof. The week of service will culminate on Veterans Day, Nov. 11, with a complete roof replacement for Army veteran Pedro Gratacos and his family. Gratacos was first stationed at Fort Riley, Kansas, before transferring to California, where he served at the U.S. Army's National Training Center. His wife, Magdalena, became his full-time caretaker after a medical emergency that left him unable to work. When hurricanes Helene and Milton damaged their Tampa home, the family could not afford the repairs and has lived with a damaged roof for years. Habitat for Humanity of Tampa Bay Hillsborough partnered with Westfall Roofing, Owens Corning and Suncoast Roofing Supply on the project. Approximately 235,799 Florida veterans live in homes with one or more major problems of quality, crowding, or cost. Housing affordability is the greatest housing problem among veterans with roughly 26.8 percent of Florida veterans paying too much for their housing, according to the Housing Assistance Council. Fabrizio gowdy. Fabrizio is a Jacksonville native and graduate of Florida State University. He has loved journalism ever since he was four years old, when he would flip through the Sunday comics and sports page of his hometown Florida Times-Union. He has yet to achieve his dream job of being a biking paperboy, but writes freelance for several newspapers around Florida. You can reach Fabrizio at [email protected] and on Twitter/X @FabrizioGowdy.

Yahoo Finance

Nov 7th, 2026

Owens Corning posts Q3 loss on $476M Doors impairment as revenue falls to $2.5B

Owens Corning posted a third-quarter net loss after a $476 million non-cash impairment in its Doors business. Revenue fell $195 million year over year to $2.5 billion, as weak storm activity, softer residential demand and rising costs weighed on results. Adjusted EBITDA was $489 million and adjusted earnings per share were $2.44. Insulation sales rose 6%, while Roofing fell 16% and Doors dropped 11%. For the fourth quarter, the company expects revenue of $2 billion to $2.2 billion and an adjusted EBITDA margin of 10% to 12%. Owens Corning is prioritising debt reduction and now expects to finish the rest of its $2 billion shareholder-return commitment in 2027. It ended the quarter with $1.6 billion in liquidity.

Daily Political

Nov 4th, 2026

Owens Corning (NYSE:OC) releases quarterly earnings results, misses expectations by $0.63 EPS.

Owens Corning (NYSE:OC) releases quarterly earnings results, misses expectations by $0.63 EPS. Owens Corning (NYSE:OC - Get Free Report) issued its quarterly earnings results on Wednesday. The construction company reported $2.44 earnings per share for the quarter, missing the consensus estimate of $3.07 by ($0.63), FiscalAI reports. The company had revenue of $2.49 billion for the quarter, compared to analyst estimates of $2.62 billion. Owens Corning had a positive return on equity of 20.52% and a negative net margin of 6.81%. Owens Corning's revenue for the quarter was down 7.3% compared to the same quarter last year. During the same period in the prior year, the business earned $3.67 earnings per share. Here are the key takeaways from Owens Corning's conference call: * Owens Corning generated $489 million in adjusted EBITDA at a 20% margin and $622 million in free cash flow in Q3 despite lower volumes and inflation. Revenue declined $195 million year over year, while a $476 million non-cash Doors impairment contributed to a reported net loss of $248 million. * The company expects Q4 revenue of $2.0 billion-$2.2 billion and an enterprise adjusted EBITDA margin of 10%-12%, reflecting weak demand, inflation and transportation costs, seasonality, and additional downtime. Roofing distributors are expected to continue destocking after a second consecutive year of below-average storm activity. * Roofing maintained a 29% Q3 EBITDA margin despite lower sales, while Insulation revenue rose 6% and EBITDA increased slightly, supported by non-residential and European demand. Management expects continued non-residential strength, though it cautioned that Insulation's Q4 growth rate is not expected to remain at the recent pace indefinitely. * Doors sales fell 11% and the segment posted a 5% Q3 EBITDA margin as lower volumes and inflation outweighed pricing and cost actions. Management expects low-single-digit Q4 margins amid continued weak markets, inflation, tariffs, and production downtime. * Management reiterated its longer-term potential to reach approximately $12.5 billion in revenue, mid-20% EBITDA margins, and at least $1.5 billion in annual free cash flow in better markets, supported by investments in capacity, productivity, and customer programs. It is prioritizing debt reduction for now and expects to complete the remaining portion of its $2 billion shareholder-return commitment in 2027. Owens Corning price performance. Shares of NYSE:OC traded up $8.03 during midday trading on Wednesday, hitting $125.79. 2,358,714 shares of the stock were exchanged, compared to its average volume of 1,229,314. The stock has a market cap of $9.94 billion, a P/E ratio of -15.54, a PEG ratio of 3.70 and a beta of 1.31. The company has a current ratio of 1.16, a quick ratio of 0.67 and a debt-to-equity ratio of 1.10. Owens Corning has a twelve month low of $97.53 and a twelve month high of $159.91. The company has a 50 day moving average price of $123.23 and a 200-day moving average price of $126.12. Owens Corning dividend announcement. The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, October 19th will be paid a $0.79 dividend. This represents a $3.16 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Monday, October 19th. Owens Corning's dividend payout ratio (DPR) is presently -39.21%. Analyst ratings changes. Several analysts have recently commented on OC shares. The Goldman Sachs Group reduced their target price on shares of Owens Corning from $169.00 to $128.00 and set a "neutral" rating for the company in a research note on Monday, October 12th. Benchmark reiterated a "hold" rating on shares of Owens Corning in a research note on Wednesday, July 15th. Evercore set a $185.00 price target on shares of Owens Corning in a report on Thursday, October 1st. Melius Research started coverage on shares of Owens Corning in a research report on Tuesday, October 6th. They issued a "sell" rating and a $118.00 price objective for the company. Finally, Bank of America lowered their price objective on Owens Corning from $155.00 to $145.00 and set a "buy" rating on the stock in a report on Tuesday, October 27th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Owens Corning currently has an average rating of "Hold" and a consensus price target of $142.07. Here are the key news stories impacting Owens Corning this week: * Owens Corning generated $813 million in operating cash flow and reported a 20% adjusted EBITDA margin, offering some support amid weaker sales and earnings. * The company issued fourth-quarter guidance, but the supplied reports do not provide its figures, leaving the outlook's implications unclear. * Third-quarter sales were about $2.5 billion, down 7% year over year and below analyst expectations. Adjusted diluted EPS was $2.44, also below consensus and down from $3.67 a year earlier. * Reported diluted EPS was a loss of $3.15, reflecting a $476 million non-cash, pre-tax impairment charge related to the Doors business. The charge weighs on reported results, although it is excluded from adjusted EPS. Insider activity at Owens Corning. In other news, insider Rachel Barthelemy Marcon sold 900 shares of the company's stock in a transaction on Friday, August 28th. The stock was sold at an average price of $144.07, for a total value of $129,663.00. Following the sale, the insider directly owned 21,449 shares in the company, valued at $3,090,157.43. This represents a 4.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.92% of the stock is owned by corporate insiders. Owens Corning company profile. Owens Corning (NYSE:OC) is a global building materials company that develops and manufactures products used in residential, commercial and industrial construction. Its offerings are designed to improve energy efficiency, weather protection, durability and comfort in buildings. The company's primary businesses include roofing, insulation and doors. Its products include asphalt roofing shingles and components, fiberglass and mineral wool insulation, and residential and commercial door systems. Receive News & Ratings for Owens Corning Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Owens Corning and related companies with MarketBeat.com's FREE daily email newsletter.

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