Owens Corning Q2 2021: Sales up 38% to $2.2B, net earnings $298M, record adjusted EBIT $408M

Owens Corning

2021-Q2 EPS reported $4.80 revenue$4,154,000,000

Net sales $2.2B vs $1.6B +38%; net earnings $298M ($2.82 EPS) vs $96M ($0.88) YoY.
Adjusted EBIT $408M (18% margin), record; all three businesses posted double-digit EBIT margins for fourth consecutive quarter.
Roofing EBIT $234M (26% margin), Insulation EBIT $112M (14% margin), Composites EBIT $98M (17% margin).
Operating cash flow $498M, free cash flow $405M.

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