Owens Corning (NYSE: OC), a branded building products leader, today reported first-quarter 2026 results. Reported Net Sales from Continuing Operations of  $2.3  Billion , a 10% Decrease from Prior Year Generated Net Earnings Margin from Continuing Operations of 2% and Adjusted EBITDA Margin from Continuing Operations of 16% Delivered Diluted EPS from Continuing Operations of $0.47 and Adjusted Diluted EPS from Continuing Operations of $1.22 Produced Operating Cash Outflow of $154 Million and Free Cash Outflow of $387 Million Returned $63 Million to Shareholders through a Cash Dividend “Our first-quarter results highlight our ability to deliver strong financial performance within current market conditions. This is driven by the strength of our team and the actions we have taken over the last several years to reshape the earnings profile of the company,” said Chair and Chief Executive Officer Brian Chambers. “With the sale of our glass reinforcements business complete, we are ...

Owens Corning (NYSE: OC) today announced that it has completed the sale of its glass reinforcements business to Praana Group. The transaction strengthens Owens Corning as a focused building products leader in North America and Europe and enhances the company’s capital efficiency. The terms of the transaction remain as announced on April 15, 2026, with an enterprise value of $645 million and increased upfront cash proceeds that accelerate cash realization. Owens Corning’s cash proceeds from the transaction of approximately $280 million will be used to fund organic growth initiatives and cash returns to shareholders. In addition, the company expects to generate additional cash of approximately $50 million to $70 million from excess alloy sales over the next year. “Over the past few years, we have advanced our strategy to focus on branded residential building products in specific geographies where we can build market-leading positions and maximize long-term shareholder value,” said Brian ...