Owens Corning (NYSE:OC) Posts Earnings Results

Owens Corning (NYSE:OC) issued its quarterly earnings results on Wednesday. The construction company reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.33 by ($0.23), FiscalAI reports. Owens Corning had a negative net margin of 4.46% and a positive return on equity of 24.42%. The company had revenue of $2.14 billion during the quarter, compared to analyst estimates of $2.17 billion. During the same period in the previous year, the company posted $3.22 EPS. The company’s quarterly revenue was down 16.8% on a year-over-year basis.

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 Stock Down 1.8%

NYSE OC traded down $2.29 on Wednesday, hitting $124.34. 707,765 shares of the company were exchanged, compared to its average volume of 1,310,518. 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 company has a market cap of $10.22 billion, a PE ratio of -21.78, a PEG ratio of 2.71 and a beta of 1.36. The stock has a fifty day moving average of $123.05 and a 200-day moving average of $127.92. Owens Corning has a 12 month low of $97.53 and a 12 month high of $160.17.

Owens Corning Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 9th. Investors of record on Monday, March 9th will be paid a dividend of $0.79 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $3.16 annualized dividend and a yield of 2.5%. Owens Corning’s dividend payout ratio is currently -55.24%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on OC shares. Citigroup decreased their target price on shares of Owens Corning from $137.00 to $135.00 and set a “buy” rating for the company in a research report on Thursday, January 8th. Evercore reduced their price objective on shares of Owens Corning from $121.00 to $117.00 and set an “in-line” rating on the stock in a research note on Thursday, December 4th. JPMorgan Chase & Co. lowered their target price on shares of Owens Corning from $157.00 to $113.00 and set a “neutral” rating for the company in a research note on Tuesday, November 11th. Barclays boosted their target price on shares of Owens Corning from $130.00 to $138.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Finally, Zacks Research upgraded Owens Corning from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Owens Corning has a consensus rating of “Moderate Buy” and an average price target of $150.58.

Hedge Funds Weigh In On Owens Corning

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Itau Unibanco Holding S.A. bought a new stake in Owens Corning in the 4th quarter valued at about $29,000. Measured Wealth Private Client Group LLC acquired a new stake in Owens Corning in the third quarter valued at approximately $42,000. Global Retirement Partners LLC increased its holdings in shares of Owens Corning by 1,173.3% during the fourth quarter. Global Retirement Partners LLC now owns 382 shares of the construction company’s stock valued at $43,000 after acquiring an additional 352 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Owens Corning during the fourth quarter worth approximately $44,000. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of Owens Corning during the third quarter worth approximately $56,000. Institutional investors own 88.40% of the company’s stock.

About Owens Corning

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.