“I’m incredibly proud of how our teams have worked together during these challenging times to achieve such strong financial results, delivering record quarterly EBIT, double-digit EBIT margins in all 3 businesses, and record free cash flow.”

Brian Chambers - Chief Executive Officer
October 28, 2020 – Q3 2020 Earnings Call

Why Owens Corning

OWENS CORNING develops, manufactures and markets insulation, roofing, and fiberglass composites. A Fortune 500® company for 66 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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Price73.63 Change+2.85 Volume: 1,041,203 % Change+4.03% November 23, 2020 Pricing delayed 20 minutes

Press Releases

16 November, 2020 Owens Corning Earns Place on Dow Jones Sustainability Index PDF format download (opens in new window)
Owens Corning (NYSE: OC) earned a place on the Dow Jones Sustainability World Index (DJSI World) for the 11 th consecutive year and was named Industry Leader for the DJSI World Building Products group for the eighth straight year. The DJSI World comprises an elite listing of the world’s largest companies based on long-term environmental, social and governance criteria. “We are honored to once again receive this recognition from the Dow Jones Sustainability World Index,” Chairman and Chief Executive Officer Brian Chambers said. “At Owens Corning, we are committed to our long-term aspiration to be a net-positive company. Our 18,000 employees around the world take great pride in the work we do every day to achieve this goal.” For the fourth year in a row, Owens Corning led the building products sector in all three DJSI dimensions: economic, environmental and social. Additionally, Owens Corning earned placement on the Dow Jones Sustainability North America Index for the third year. The ...
28 October, 2020 Owens Corning Reports Third-Quarter 2020 Results PDF format download (opens in new window)
Company Delivered Net Sales of $1.9 Billion; Posted Strong Net Earnings of $206 Million and Record Quarterly Adjusted EBIT of $289 Million Company achieved strong financial results in improving markets Roofing generated $196 million of EBIT with 26% EBIT margins Insulation delivered $73 million of EBIT with 11% EBIT margins Composites produced $55 million of EBIT with 11% EBIT margins Company reported record operating and free cash flow of $488 million and $425 million Owens Corning (NYSE: OC) today reported consolidated net sales of $1.9 billion in third-quarter 2020, an increase of 1% compared with third-quarter 2019. Third-quarter 2020 net earnings attributable to Owens Corning were $206 million, or $1.88 per diluted share, compared with $150 million, or $1.36 per diluted share, in third-quarter 2019. Third-quarter 2020 adjusted earnings were $186 million, or $1.70 per diluted share, compared with $176 million, or $1.60 per diluted share, during the same period one year ago. ...
07 October, 2020 Owens Corning Announces “Aged Copper” as 2021 Shingle Color of the Year PDF format download (opens in new window)
Shingle integrates nature-inspired hues with powerful performance technology Owens Corning (NYSE:OC) today announced Aged Copper as the 2021 Shingle Color of the Year and the fifth shingle in the Owens Corning® TruDefinition® Duration® Designer Colors Collection to receive this designation. In selecting Aged Copper as the 2021 Shingle Color of the Year, the Owens Corning team drew on the insights of exterior designers and architects as well as reflected on local and global issues that affect homeowners. Aged Copper blends granules infused with hues of orange, sage and brown to achieve a warm, welcoming effect. It delivers a balanced energy between the neutrality of minimalist shades and the intensity of stronger hues. “2020 has forced us to find sanctuary in our homes, but it has also allowed us to rediscover the wonder and beauty of nature, because it’s a safe space,” said Sue Burkett, strategic marketing manager at Owens Corning. “As we look toward 2021, we see homeowners creating ...

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