Owens Corning (NYSE:OC) Announces Earnings Results, Misses Estimates By $0.26 EPS

Owens Corning (NYSE:OC) released its earnings results on Wednesday. The construction company reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.36 by ($0.26), FiscalAI reports. The company had revenue of $2.14 billion for the quarter, compared to analysts’ expectations of $2.17 billion. Owens Corning had a negative net margin of 4.46% and a positive return on equity of 24.42%. Owens Corning’s revenue for the quarter was down 16.8% on a year-over-year basis. During the same quarter last year, the firm posted $3.22 earnings per share.

Here are the key takeaways from Owens Corning’s conference call:

• Owens Corning reported full‑year 2025 revenue of $10.1 billion and Adjusted EBITDA of $2.3 billion (22% margin), generated strong free cash flow and returned $1 billion to shareholders while raising the dividend ~15%.
• Management said end markets are soft—weak U.S. residential demand, distribution destocking and an unusually quiet storm season heavily pressured roofing, and the company recorded $1.1 billion of non‑cash goodwill impairments in Doors and flagged roughly $30 million of roofing curtailment costs flowing into Q1.
• Strategic progress continued as OC completed sales of China/Korea units, is advancing the divestiture of its glass reinforcements business (expected to close in coming months), and has exceeded its $125 million Doors synergy target while targeting an additional $75 million of structural cost improvements.
• 2026 outlook includes Q1 revenue of ~$2.1–2.2 billion with mid‑teens Adjusted EBITDA margin, elevated CapEx of ~$800 million to fund announced capacity and productivity projects, and year‑end leverage and liquidity of ~2.1x and $1.8 billion, respectively.

Owens Corning Trading Down 2.2%

Shares of OC stock opened at $123.86 on Thursday. The company has a current ratio of 1.40, a quick ratio of 0.86 and a debt-to-equity ratio of 1.05. The stock has a market capitalization of $10.18 billion, a price-to-earnings ratio of -21.65, a price-to-earnings-growth ratio of 2.65 and a beta of 1.36. Owens Corning has a 12-month low of $97.53 and a 12-month high of $160.17. The stock’s 50-day moving average price is $123.24 and its 200-day moving average price is $127.89.

Owens Corning Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 9th. Stockholders of record on Monday, March 9th will be given a dividend of $0.79 per share. The ex-dividend date is Monday, March 9th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 2.6%. Owens Corning’s dividend payout ratio (DPR) is presently -55.24%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Owens Corning in a research note on Monday, December 29th. JPMorgan Chase & Co. decreased their price objective on shares of Owens Corning from $157.00 to $113.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 11th. Wells Fargo & Company lifted their target price on shares of Owens Corning from $145.00 to $155.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Zacks Research upgraded Owens Corning from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Finally, Citigroup decreased their price target on Owens Corning from $137.00 to $135.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $150.58.

Institutional Trading of Owens Corning

A number of large investors have recently added to or reduced their stakes in OC. Pitcairn Co. boosted its position in shares of Owens Corning by 4.6% during the 2nd quarter. Pitcairn Co. now owns 1,821 shares of the construction company’s stock valued at $250,000 after acquiring an additional 80 shares during the last quarter. Lido Advisors LLC raised its stake in Owens Corning by 6.4% during the fourth quarter. Lido Advisors LLC now owns 1,904 shares of the construction company’s stock valued at $213,000 after purchasing an additional 115 shares in the last quarter. Advisory Research Inc. lifted its position in Owens Corning by 4.1% during the third quarter. Advisory Research Inc. now owns 3,270 shares of the construction company’s stock valued at $463,000 after purchasing an additional 129 shares during the last quarter. First Citizens Bank & Trust Co. grew its stake in shares of Owens Corning by 2.9% in the 4th quarter. First Citizens Bank & Trust Co. now owns 5,005 shares of the construction company’s stock worth $560,000 after buying an additional 141 shares in the last quarter. Finally, Coldstream Capital Management Inc. increased its holdings in shares of Owens Corning by 3.1% in the 3rd quarter. Coldstream Capital Management Inc. now owns 5,593 shares of the construction company’s stock worth $791,000 after buying an additional 167 shares during the last quarter. Institutional investors own 88.40% of the company’s stock.

Owens Corning News Roundup

Here are the key news stories impacting Owens Corning this week:

• Positive Sentiment: Returned capital and strong cash generation: Owens Corning reported $1.8B of operating cash flow, $1.0B of free cash flow and returned $1.0B to shareholders via dividends and buybacks, supporting shareholder yield and balance-sheet flexibility. Owens Corning Reports Fourth-Quarter and Full-Year 2025 Results
• Positive Sentiment: Management sees improving business conditions, a modestly constructive signal for recovery in end markets that could help margins and volumes over coming quarters. Owens Corning stock slips after Q4 misses; sees business conditions improving
• Neutral Sentiment: Sale of three door distribution businesses to Metrie: the divestiture reduces exposure to the underperforming doors channel but also follows big impairment charges tied to that business. Investors should view this as strategic repositioning. Metrie Announces Acquisition of Door Distribution Businesses From Owens Corning
• Negative Sentiment: Q4 results missed estimates: EPS of $1.10 missed the consensus $1.33 and revenue of $2.14B missed ~ $2.17B consensus; revenue fell ~16.8% year-over-year, signaling weaker demand and pressuring near-term earnings. Owens Corning (OC) Lags Q4 Earnings and Revenue Estimates
• Negative Sentiment: Large impairment related to doors business: the company recorded $1.2B of second‑half, pre‑tax non‑cash impairment charges tied to the doors business, dragging net margins negative and adding uncertainty to future profitability. Owens Corning Reports Fourth-Quarter and Full-Year 2025 Results
• Negative Sentiment: Q1 revenue guidance is roughly in line-to-slightly below Street expectations (~$2.1B–$2.2B vs. consensus ~$2.2B), which tempers near-term upside for the shares. Owens Corning Reports Fourth-Quarter and Full-Year 2025 Results

Owens Corning Company Profile

Owens Corning is a global leader in composite materials and building products, with a primary focus on insulation, roofing, and fiberglass composites. The company serves professional contractors, builders and industrial manufacturers by providing solutions designed to improve energy efficiency, structural performance and durability. Its products are used in residential, commercial, and industrial applications worldwide.

The company’s core product lines include fiberglass insulation for thermal and acoustic comfort, roofing shingles and underlayment systems engineered for weather protection, and advanced composite materials for markets such as wind energy, automotive, marine and infrastructure.