“This improved level of performance is the result of the strategic choices we’ve made, and the operating initiatives being driven by our global teams to more fully leverage our enterprise capabilities.”

Brian Chambers – Board Chair & Chief Executive Officer
October 25, 2023 – Q3 2023 Earnings Call

Why Owens Corning

OWENS CORNING develops, manufactures and markets insulation, roofing, and fiberglass composites. A Fortune 500® company for 69 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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Price139.03 Change+3.45 Volume: 953,481 % Change+2.54% December 01, 2023 Pricing delayed 20 minutes

Press Releases

07 November, 2023 Owens Corning’s Philanthropic Roof Deployment Project Crosses Milestone of Providing 500 Free Roofs to U.S. Veterans PDF format download (opens in new window)
Program will be celebrated Nov. 8 with free roof installation for Toledo-area veteran More than 500 U.S. military veterans and their loved ones are protected from the elements under high-quality roofs provided to them at no cost through the Owens Corning (NYSE: OC) Roof Deployment Project, which is delivered through the company’s national Platinum Preferred Contractor network. The program, which began in 2016, recently crossed the milestone of 500 free roofs provided to U.S. veterans in need just in time to commemorate Veterans Day 2023. Through the program, Owens Corning provides the shingles and roofing components at no cost and Platinum Preferred Contractors donate the labor to install the roofs. Owens Corning’s Platinum Preferred Contractors represent the company’s top tier of independent contractors offering the highest level of service. To date, free roofs have been installed for veterans in need across 41 states with a total estimated value of more than $5 million. More than ...
25 October, 2023 Owens Corning Delivers Net Sales of $2.5 Billion; Generates Net Earnings of $337 Million and Adjusted EBIT of $518 Million PDF format download (opens in new window)
Owens Corning (NYSE: OC), a global building and construction materials leader, today reported third-quarter 2023 results. Reported Net Sales of $2.5 Billion, Similar to Prior Year Grew Adjusted EBIT Margins to 21% and Adjusted EBITDA Margins to 26% Delivered Diluted EPS of $3.71 and Adjusted Diluted EPS of $4.15 Generated Operating Cash Flow of $691 Million and Free Cash Flow of $581 Million Returned $187 Million to Shareholders through Dividends and Share Repurchases “Owens Corning delivered another strong quarter, as our global teams executed incredibly well in response to dynamic market conditions. The sustained quality and consistency of performance reflects the strength of our team, our market positions and our strategy,” said Board Chair and Chief Executive Officer Brian Chambers. “These results demonstrate our ongoing ability to outperform prior cycles as we position the company for long-term success.” Enterprise Performance ($ in millions, except per share amounts) ...
18 October, 2023 Owens Corning Earns Top 10 Ranking on 2023 List of 100 Best Corporate Citizens PDF format download (opens in new window)
Owens Corning (NYSE: OC) has been named to the annual 100 Best Corporate Citizens ranking by 3BL. This ranking recognizes outstanding environmental, social and governance (ESG) transparency and performance among the 1,000 largest U.S. public companies. For the sixth consecutive year, Owens Corning placed in the top 10 of the 100 Best Corporate Citizens list. The company also ranked first in the capital goods industry. “This achievement is particularly meaningful as it reinforces the importance of our work and how we do it,” said David Rabuano, senior vice president and chief sustainability officer. “This directly speaks to the commitment of our 19,000 employees in support of our mission to build a sustainable future through material innovation.” The 100 Best Corporate Citizens ranking is based on 184 ESG factors in seven categories: climate change, employee relations, environment, governance, human rights, stakeholders and society, and ESG performance. Using a methodology developed by ...

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