---
schema_version: "secwatch.filing_event.v1"
accession: "0001370946-23-000031"
form_type: "8-K"
ticker: "OC"
cik: "0001370946"
company_name: "Owens Corning"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:15:42.659771+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Owens Corning Q2 2023: EPS $3.78, adjusted EPS $4.22; adjusted EBIT margin 21%

## Summary
- Net sales $2.6B flat YoY; net earnings $345M (+1%); diluted EPS $3.78 vs $3.49.
- Adjusted EBIT $534M (21% margin) vs $525M (20%); adjusted EBITDA $664M (26% margin).
- Roofing segment sales +10% to $1.1B, EBIT +$80M to $338M; Composites sales -14% to $620M, EBIT -$67M.
- Operating cash flow $494M, free cash flow $372M; returned $160M via dividends and buybacks.
- Q3 outlook: net sales similar to prior year, high-teen EBIT margins; general corporate expense guidance $215-225M.

## SEC filing metadata
- accession: 0001370946-23-000031
- form_type: 8-K
- ticker: OC
- cik: 0001370946
- company_name: Owens Corning
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1370946/000137094623000031/0001370946-23-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1370946/000137094623000031/oc-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001370946-23-000031
- JSON: https://secwatch.observer/filing/0001370946-23-000031.json
- Plain text: https://secwatch.observer/filing/0001370946-23-000031.txt

## Key facts
- Earnings Releases
  Owens Corning reported second-quarter 2023 results: revenue $2.6 Billion, net income $345 Million, EPS $3.78.
  - Period: second-quarter 2023
  - Revenue: $2.6 Billion
  - Net income: $345 Million
  - EPS: $3.78
  - Result: reported results
  source text: Owens Corning Delivers Net Sales of $2.6 Billion; Generates Net Earnings of $345 Million and Adjusted EBIT of $534 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1370946/000137094623000031/0001370946-23-000031-index.htm

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