"All 3 of our businesses produced double-digit EBIT margins. This is the first time in Owens Corning’s history that we’ve had this margin performance across the entire portfolio."

Mike Thaman – Chairman and Chief Executive Officer
February 20, 2019 – Q4 2018 Earnings Call

Why Owens Corning

OWENS CORNING develops, manufactures and markets insulation, roofing, and fiberglass composites. A Fortune 500® company for 64 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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Price46.31 Change+0.03 Volume: 30,353 % Change+0.07% March 25, 2019 Pricing delayed 20 minutes

Press Releases

26 February, 2019 Owens Corning Named One of the 2019 World’s Most Ethical Companies® by the Ethisphere Institute for the Second Year PDF format download (opens in new window)
Recognition honors companies that influence and drive positive change For the second consecutive year, Owens Corning (NYSE: OC) has been recognized by the Ethisphere Institute as one of the 2019 World’s Most Ethical Companies. The Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, recognized Owens Corning again this year as one of four honorees in the Construction & Building Materials industry, underscoring its commitment to leading with integrity and prioritizing ethical business practices. In 2019, the Ethisphere Institute honored 128 companies from 21 countries and 50 industries. These companies illustrate how companies can be a driving force for improving communities, building capable and empowered workforces, and fostering corporate cultures focused on ethics and a strong sense of purpose. “We’re honored to be included again on the Ethisphere Institute’s distinguished list,” said Ava Harter, Owens Corning general ...
20 February, 2019 Owens Corning Reports Fourth-Quarter and Full-Year 2018 Results PDF format download (opens in new window)
Company Delivered Record Revenue of $7.1 Billion in 2018; Generated Net Earnings of $545 Million and Record Adjusted EBIT of $861 Million Strong portfolio delivered double-digit EBIT margins in all three segments Insulation increased EBIT by 64% to $290 million on revenue growth of 36% Roofing produced EBIT of $434 million on revenue of $2.5 billion Composites generated $251 million in EBIT and 12% EBIT margins Owens Corning (NYSE:OC) today reported consolidated net sales of $1.7 billion in fourth-quarter 2018, compared with net sales of $1.6 billion in fourth-quarter 2017, an increase of 7%. Full-year 2018 consolidated net sales were $7.1 billion, compared with net sales of $6.4 billion in 2017, an increase of 11%. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190220005325/en/ Fourth-quarter 2018 net earnings attributable to Owens Corning were $171 million, or $1.55 per diluted share, compared with a net loss of $4 ...
07 February, 2019 Owens Corning Declares First-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 $0.22 per common share. The dividend will be payable on April 2, 2019, to shareholders of record as of March 8, 2019. 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 (NYSE: OC) develops, manufactures, and markets insulation, roofing, and fiberglass composites. Global in scope and human in scale, the company’s market-leading businesses use their deep expertise in materials, manufacturing and building science to develop products and systems that save energy and improve comfort in commercial and residential buildings. Through its glass reinforcements business, the company makes thousands of products lighter, stronger and more durable. Ultimately, Owens Corning people and ...

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