---
schema_version: "secwatch.filing_event.v1"
accession: "0001370946-22-000008"
form_type: "8-K"
ticker: "OC"
cik: "0001370946"
company_name: "Owens Corning"
filed_at: "2022-02-16T23:59:59+00:00"
generated_at: "2026-06-27T07:25:37.747244+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Owens Corning reports record 2021 results: net sales $8.5B, diluted EPS $9.54

## Summary
- Full-year net sales increased 20% to $8.5 billion; net earnings of $1.0B ($9.54 diluted EPS).
- Adjusted EBITDA margins expanded to 22%; free cash flow reached $1.1B (112% conversion).
- Q4 2021 net sales $2.13B, net earnings $227M, diluted EPS $2.23, adjusted EPS $2.20.
- Dividend raised 35% to $0.35/quarter; board authorized repurchase of up to 10M additional shares.
- Full-year 2022 outlook: capex ~$480M, D&A ~$520M; expects Q1 net sales and adjusted EBIT growth.

## SEC filing metadata
- accession: 0001370946-22-000008
- form_type: 8-K
- ticker: OC
- cik: 0001370946
- company_name: Owens Corning
- filed_at: 2022-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1370946/000137094622000008/0001370946-22-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1370946/000137094622000008/oc-20220216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001370946-22-000008
- JSON: https://secwatch.observer/filing/0001370946-22-000008.json
- Plain text: https://secwatch.observer/filing/0001370946-22-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.