{"schema_version":"secwatch.filing_event.v1","accession":"0001370946-23-000008","form_type":"8-K","ticker":"OC","cik":"0001370946","company_name":"Owens Corning","filed_at":"2023-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.655171+00:00","generated_at":"2026-06-19T10:52:38.298712+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Owens Corning reports record 2022: net sales $9.8B, adj. EPS $12.88; dividend up 50%","bullets":["Full-year net sales $9,761M (+15% YoY); net earnings $1,241M (+25%); adj. diluted EPS $12.88 (+39%).","Q4 net sales $2,285M (+7% YoY); Q4 net earnings $124M (-45%); adj. diluted EPS $2.49 (+13%).","Segment: Roofing EBIT $831M (23% margin); Insulation EBIT $612M (16%); Composites EBIT $498M (19%).","Generated FCF $1,314M (104% conversion); raised div. 50% to $0.52/qtr; repurchased 9.2M shares.","Q1 2023 outlook: moderate net sales decline vs prior year; EBIT margins low-to-mid teens."],"urls":{"canonical":"https://secwatch.observer/filing/0001370946-23-000008","json":"https://secwatch.observer/filing/0001370946-23-000008.json","markdown":"https://secwatch.observer/filing/0001370946-23-000008.md","text":"https://secwatch.observer/filing/0001370946-23-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1370946/000137094623000008/0001370946-23-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1370946/000137094623000008/oc-20230215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T10:52:38.298712+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"981c2d6fd399ca7271d84c06373a8461b6bf2542","claim":"Owens Corning reported the fiscal year ended December 31, 2022 results: revenue $9,761, net income $1,241, EPS $12.70.","evidence_excerpt":"our shareholders.” Enterprise Performance ($ in millions, except per share amounts) Fourth-Quarter Full-Year 2022 2021 Change 2022 2021 Change Net Sales $2,285 $2,131 $154 7% $9,761 $8,498 $1,263 15% Net Earnings Attributable to OC 124 227 (103) (45%) 1,241 995 246 25% Adjusted EBIT 333 325 8 2% 1,762 1,415 347 25% As a Percent of Net Sales 15% 15% N/A N/A","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1370946/000137094623000008/0001370946-23-000008-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2022"},{"label":"Revenue","value":"$9,761"},{"label":"Net income","value":"$1,241"},{"label":"EPS","value":"$12.70"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a765cbdb697b92cd5436fdbdf16456294f3807d8","claim":"Owens Corning reported the fourth quarter of 2022 results: revenue $2,285, net income $124, EPS $1.32.","evidence_excerpt":"and delivering value for our shareholders.” Enterprise Performance ($ in millions, except per share amounts) Fourth-Quarter Full-Year 2022 2021 Change 2022 2021 Change Net Sales $2,285 $2,131 $154 7% $9,761 $8,498 $1,263 15% Net Earnings Attributable to OC 124 227 (103) (45%) 1,241 995 246 25% Adjusted EBIT 333 325 8 2% 1,762 1,415 347 25% As a Percent of Net","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1370946/000137094623000008/0001370946-23-000008-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2022"},{"label":"Revenue","value":"$2,285"},{"label":"Net income","value":"$124"},{"label":"EPS","value":"$1.32"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}