06 November, 2024
Owens Corning Delivers Net Sales of $3.0 Billion; Generates Net Earnings of $321 Million and Adjusted EBIT of $582 Million
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Owens Corning (NYSE: OC), a residential and commercial building products leader, today reported third-quarter 2024 results. Reported Net Sales of $3.0 Billion, a 23% Increase from Prior Year, with Newly Acquired Doors Business Contributing $573 Million in Revenue Generated Net Earnings Margin of 11%, Adjusted EBIT Margin of 19%, and Adjusted EBITDA Margin of 25% Delivered Diluted EPS of $3.65 and Adjusted Diluted EPS of $4.38 Produced Operating Cash Flow of $699 Million and Free Cash Flow of $558 Million Returned $252 Million to Shareholders through Dividends and Share Repurchases "Our third-quarter results demonstrate the impact of the strategic choices and structural improvements we have made to strengthen Owens Corning and build a company that continues to deliver strong free cash flow and sustainably higher margins despite a challenging market environment. The strong execution of our team, combined with the key initiatives and investments we are undertaking, is accelerating our
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10 October, 2024
Owens Corning Named to the 100 Best Corporate Citizens of 2024
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Owens Corning (NYSE: OC) has been recognized by 3BL as one of the 100 Best Corporate Citizens of 2024. Ranked fourth overall among the largest public companies in the U.S., Owens Corning earned the recognition for its environmental, social, and governance (ESG) transparency and performance. This is the seventh consecutive year Owens Corning has ranked in the top 10 overall and the fifth year in a row the company has topped the list in the capital goods industry. “The consistent recognition of our company shows the commitment of Owens Corning’s 25,000 employees to our purpose of making the world a better place,” said David Rabuano, senior vice president and chief sustainability officer of Owens Corning. “We operate our business with sustainability at the core of everything we do, and we are proud of the progress we are making.” The 100 Best Corporate Citizens ranking evaluates Russell 1,000 companies based on 223 ESG factors across seven pillars, including climate change, employee
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09 October, 2024
Owens Corning to Announce Third-Quarter Financial Results on November 6
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Owens Corning (NYSE: OC) is scheduled to announce its third-quarter financial results on Wednesday, November 6, 2024, before the New York Stock Exchange opens. The company will host a call to discuss its financial results at 9 a.m. ET the same day. Webcast https://events.q4inc.com/attendee/255275100
A webcast replay will be available for one year using the same link. Callers Please dial in 10-15 minutes before the conference call is scheduled to begin and use the entry code 676145. U.S.: 1.833.470.1428 Canada: 1.833.950.0062 Other international locations: +1.404.975.4839
Telephone replay Telephone replay will be available one hour after the end of the call through Wednesday, November 13, 2024. Please use conference replay entry code 157874. U.S.: 1.866.813.9403 Canada: 1.226.828.7578 Other international locations: +1.929.458.6194
About Owens Corning Owens Corning is a global residential and commercial building products leader committed to building a sustainable
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