“Financially, we delivered record 1st quarter revenue of $1.9 billion and adjusted EBIT of $282 million, which is more than double what we reported for the same period last year and a record for any first quarter historically.”

Brian Chambers - Chief Executive Officer
April 28, 2021 – Q1 2021 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.

Investor Resources

Stock Quote

Price106.02 Change-0.27 Volume: 20,738 % Change-0.25% May 18, 2021 Pricing delayed 20 minutes

Press Releases

18 May, 2021 Owens Corning Earns No. 1 Ranking on 100 Best Corporate Citizens List for an Unprecedented Third Year in a Row PDF format download (opens in new window)
Owens Corning (NYSE: OC) earned the top spot on the 100 Best Corporate Citizens list for 2021, announced today by 3BL Media. The company was also No. 1 in 2020 and 2019, making it the first to earn the top ranking for three consecutive years. “Earning the top honor for a third year in a row demonstrates our commitment to doing more,” said Chairman and Chief Executive Officer Brian Chambers. “An achievement like this isn’t the product of any individual team or business. It reflects the efforts of all 19,000 of our employees working together every day to do more for our customers and our world.” The annual 100 Best Corporate Citizens list recognizes outstanding environmental, social and governance (ESG) transparency and performance among the 1,000 largest, publicly traded U.S. companies. “At Owens Corning, we are driven to make the world a better place – and our sustainability aspirations reflect that drive,” said Senior Vice President and Chief Sustainability Officer Frank ...
28 April, 2021 Owens Corning Reports First-Quarter 2021 Results PDF format download (opens in new window)
Company Delivered Net Sales of $1.9 Billion; Generated Net Earnings of $210 Million and Adjusted EBIT of $282 Million • Delivered record first quarter net sales, net earnings and adjusted EBIT • Roofing produced $156 million of EBIT with 22% EBIT margins • Insulation delivered $82 million of EBIT with 12% EBIT margins • Composites reported $79 million of EBIT with 14% EBIT margins • Generated operating cash flow of $204 million and free cash flow of $120 million Owens Corning (NYSE: OC) today reported consolidated net sales of $1.9 billion, an increase of 20% compared with 2020. First-quarter 2021 net earnings attributable to Owens Corning were $210 million, or $1.98 per diluted share, compared with net loss attributable to Owens Corning of $917 million, or $8.43 per diluted share, in first-quarter 2020. The company’s first-quarter 2020 results included non-cash pre-tax impairment charges of $987 million driven by the economic uncertainties associated with the COVID-19 pandemic. ...
27 April, 2021 Owens Corning Names Gina Beredo General Counsel PDF format download (opens in new window)
Owens Corning (NYSE: OC) announced today the appointment of Gina Beredo as Executive Vice President, General Counsel and Corporate Secretary, effective June 9, 2021. She will be responsible for overseeing global legal operations, government affairs, and corporate affairs. Ms. Beredo will join Owens Corning from Nordson Corporation, a global designer and manufacturer of dispensing equipment for consumer and industrial adhesives, sealants, and coatings, where she served for eight years, most recently as Executive Vice President, General Counsel and Corporate Secretary. “Gina brings more than two decades of experience working across multiple industries. She has a proven track record leading high-performing teams, supporting business growth, and advising public boards. We are pleased to add such a talented leader to our executive team as her broad expertise will be valuable as our company continues to grow and execute on its long-term objectives,” said Brian Chambers, Chairman and Chief ...

Quarterly Earnings

Email Alerts

*
*


 
Enter the code shown above.