Owens Corning OC
Owens Corning is a building products leader committed to building a sustainable future through material innovation. Our products provide durable, sustainable, and energy-efficient solutions that leverage our unique capabilities and market-leading positions to help our customers win and grow. Our roofing products and systems enhance curb appeal and protect people's homes. Our insulation products conserve energy and improve acoustics, fire resistance and air quality in the spaces where people live, work and play. Our doors and door systems provide comfort, safety and style for the interior and exterior of homes.
We are global in scope, human in scale with approximately 25,000 total employees in 31 countries dedicated to generating value for our customers and shareholders and making a difference in the communities where we work and live. Founded in 1938 and based in Toledo, Ohio, Owens Corning recorded net sales in 2025 of $10.1 billion.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.10B | $9.85B | $8.37B | $9.76B | $8.50B | $7.05B | $7.16B | $7.06B | $6.38B | $5.68B |
| Cost of revenue | $7.26B | $6.81B | $5.94B | $7.14B | $6.28B | $5.45B | $5.55B | $5.42B | $4.82B | $4.30B |
| Gross profit | $2.84B | $3.04B | $2.43B | $2.62B | $2.22B | $1.61B | $1.61B | $1.63B | $1.57B | $1.38B |
| R&D | $150.0M | $131.0M | $110.0M | $106.0M | $91.0M | $82.0M | $87.0M | $89.0M | $85.0M | $82.0M |
| SG&A | $1.01B | $959.0M | $748.0M | — | — | — | — | — | — | — |
| Total operating expenses | $2.48B | $1.56B | $791.0M | $902.0M | $779.0M | $1.75B | $822.0M | $825.0M | $772.0M | $680.0M |
| Operating income | $360.0M | $1.48B | $1.64B | $1.71B | $1.44B | -$138.0M | $787.0M | $807.0M | $797.0M | $697.0M |
| Interest expense | $256.0M | $208.0M | $74.0M | $109.0M | $126.0M | $132.0M | $131.0M | $117.0M | $107.0M | $108.0M |
| Pre-tax income | $104.0M | $1.27B | $1.42B | $1.61B | $1.31B | -$256.0M | $590.0M | $704.0M | $559.0M | $590.0M |
| Income tax | $293.0M | $334.0M | $364.0M | $373.0M | $319.0M | $129.0M | $186.0M | $156.0M | $269.0M | $188.0M |
| Net income | -$522.0M | $647.0M | $1.20B | $1.24B | $995.0M | -$383.0M | $405.0M | $545.0M | $289.0M | $393.0M |
| EPS, basic | -6.22 | 7.45 | 13.27 | 12.85 | 9.61 | -3.53 | 3.71 | 4.94 | 2.59 | 3.44 |
| EPS, diluted | -6.22 | 7.37 | 13.14 | 12.70 | 9.54 | -3.53 | 3.68 | 4.89 | 2.55 | 3.41 |
| Shares, diluted (wtd. avg.) | $84.0M | $87.8M | $91.0M | $97.7M | $104.3M | $108.6M | $110.1M | $111.4M | $113.2M | $115.4M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $345.0M | $321.0M | $1.62B | $1.11B | $966.0M | $724.0M | $179.0M | $85.0M | $253.0M | $118.0M |
| Receivables | $937.0M | $1.14B | $987.0M | $961.0M | $939.0M | $919.0M | $770.0M | $794.0M | $806.0M | $678.0M |
| Inventory | $1.47B | $1.33B | $1.20B | $1.33B | $1.08B | $855.0M | $1.03B | $1.07B | $841.0M | $710.0M |
| Total current assets | $3.35B | $3.38B | $3.92B | $3.56B | $3.10B | $2.61B | $2.06B | $2.02B | $1.99B | $1.59B |
| Property, plant and equipment | $4.17B | $3.82B | $3.84B | $3.73B | $3.87B | $3.81B | $3.85B | $3.81B | $3.42B | $3.11B |
| Goodwill | $1.68B | $2.75B | $1.39B | $1.38B | $990.0M | $989.0M | — | — | — | — |
| Other intangibles | $2.54B | $2.68B | $1.53B | $1.60B | $1.62B | $1.67B | $1.72B | $1.78B | $1.36B | $1.14B |
| Total assets | $12.98B | $14.07B | $11.24B | $10.75B | $10.02B | $9.48B | $10.01B | $9.77B | $8.63B | $7.74B |
| Accounts payable | $1.26B | $1.30B | $1.22B | $1.34B | $1.09B | $875.0M | $815.0M | $851.0M | $834.0M | $615.0M |
| Short-term debt | $36.0M | $32.0M | $32.0M | $28.0M | $25.0M | $19.0M | $7.0M | $9.0M | $4.0M | $3.0M |
| Total current liabilities | $2.66B | $2.30B | $2.32B | $2.10B | $1.70B | $1.44B | $1.33B | $1.28B | $1.28B | $963.0M |
| Long-term debt | $4.69B | $5.07B | $2.62B | $2.99B | $2.96B | $3.13B | $2.99B | $3.36B | $2.40B | $2.10B |
| Total liabilities | $9.09B | $8.96B | $6.03B | $6.13B | $5.68B | — | — | — | — | — |
| Retained earnings | $4.46B | $5.22B | $4.79B | $3.79B | $2.71B | $1.83B | $2.32B | $2.01B | $1.57B | $1.38B |
| Total equity | $3.85B | $5.08B | $5.18B | $4.60B | $4.36B | $3.94B | $4.67B | $4.32B | $4.20B | $3.89B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.79B | $1.89B | $1.72B | $1.76B | $1.50B | $1.14B | $1.04B | $803.0M | $1.02B | $943.0M |
| Depreciation and amortisation | $694.0M | $677.0M | $609.0M | $531.0M | $502.0M | $493.0M | $457.0M | $433.0M | $371.0M | $343.0M |
| Stock-based compensation | $71.0M | $93.0M | $51.0M | $51.0M | $50.0M | $41.0M | $39.0M | $47.0M | $44.0M | $41.0M |
| Capital expenditure | $824.0M | $647.0M | $526.0M | $446.0M | $416.0M | $307.0M | $447.0M | $537.0M | $337.0M | $373.0M |
| Investing cash flow | -$765.0M | -$3.39B | -$356.0M | -$623.0M | -$377.0M | -$205.0M | -$394.0M | -$1.59B | -$901.0M | -$815.0M |
| Financing cash flow | -$1.07B | $334.0M | -$877.0M | -$974.0M | -$881.0M | -$358.0M | -$573.0M | $647.0M | $3.0M | -$88.0M |
| Dividends paid | $232.0M | $208.0M | $188.0M | $136.0M | $108.0M | $104.0M | $95.0M | $92.0M | $89.0M | $81.0M |
| Buybacks | $815.0M | $491.0M | $657.0M | $795.0M | $570.0M | $318.0M | $61.0M | $236.0M | $159.0M | $247.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001370946-26-000067.
Others in SIC 3290
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| RETO | ReTo Eco-Solutions, Inc. | — | — | 84.3% |