“Our performance this quarter was driven by continued good commercial and operational execution, strong manufacturing productivity and disciplined cost management across the company.”

Brian Chambers - Chief Executive Officer
October 23, 2019 – Q3 2019 Earnings Call

Why Owens Corning

OWENS CORNING develops, manufactures and markets insulation, roofing, and fiberglass composites. A Fortune 500® company for 65 consecutive years, the company develops solutions that save energy and improve comfort in commercial and residential buildings. Through its glass reinforcements business, Owens Corning makes thousands of products lighter, stronger and more durable.

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Stock Quote

Price65.10 Change+0.02 Volume: 1,232,706 % Change+0.03% December 11, 2019 Pricing delayed 20 minutes

Press Releases

09 December, 2019 Mike Thaman to Retire as Executive Chairman of Owens Corning’s Board of Directors; Chief Executive Officer Brian Chambers Elected Chairman PDF format download (opens in new window)
Owens Corning (NYSE: OC) today announced that Executive Chairman of the Board of Directors Mike Thaman has decided to retire from the company as of the date of the Annual Meeting of Stockholders, currently scheduled in April 2020. Brian Chambers, President and Chief Executive Officer, has been elected by the Board to succeed Mr. Thaman as Chairman effective at the same time. “It has been a privilege to be a part of Owens Corning for the past 27 years and to lead the Board for nearly 18 years. I couldn’t be prouder of this company and its 20,000 employees who are collectively focused on making the world a better place. I’m confident that the best days are ahead for Owens Corning and I’m excited for what Brian will contribute to the Board as Chairman,” Mr. Thaman said. Mr. Chambers became CEO and was elected to the Board in April 2019. He has been with the company for over 15 years, and throughout his career, has held a number of senior operating roles across a range of businesses and ...
05 December, 2019 Owens Corning Declares Fourth-Quarter 2019 Dividend PDF format download (opens in new window)
Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.24 per common share, a 9 percent increase compared with the prior-quarter dividend. The dividend will be payable on Jan. 17, 2020, to shareholders of record as of Jan. 3, 2020. Future dividend declarations will be made at the discretion of the Board of Directors and will be based on such factors as the company’s earnings, financial condition, cash requirements, future prospects and other factors. About Owens Corning Owens Corning is a global leader in insulation, roofing, and fiberglass composite materials. Its insulation products conserve energy and improve acoustics, fire resistance, and air quality in the spaces where people live, work, and play. Its roofing products and systems enhance curb appeal and protect homes and commercial buildings alike. Its fiberglass composites make thousands of products lighter, stronger, and more durable. Owens Corning provides innovative ...
23 October, 2019 Owens Corning Reports Third-Quarter 2019 Results PDF format download (opens in new window)
Company Delivered Net Sales of $1.9 Billion, Net Earnings of $150 Million and Adjusted EBIT of $277 Million Roofing improved EBIT by $16 million to $143 million on volume strength Insulation delivered $84 million of EBIT, with continued strong performance in the technical and other building insulation businesses Composites generated 13% EBIT margins on continued good operational and commercial execution Produced strong operating cash flow of $596 million and free cash flow of $282 million year-to-date Owens Corning (NYSE: OC) today reported consolidated net sales of $1.9 billion in third-quarter 2019, compared with $1.8 billion in third-quarter 2018, an increase of 4%. Third-quarter 2019 net earnings attributable to Owens Corning were $150 million, or $1.36 per diluted share, compared with $161 million, or $1.45 per diluted share, in third-quarter 2018. Third-quarter 2019 adjusted earnings were $179 million, or $1.63 per diluted share, compared with $174 million, or $1.57 per diluted ...

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