---
schema_version: "secwatch.filing_event.v1"
accession: "0001370946-24-000044"
form_type: "8-K"
ticker: "OC"
cik: "0001370946"
company_name: "Owens Corning"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:09:37.978521+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Owens Corning FY2023 net sales $9.7B, adj EPS $14.42; Masonite acquisition, glass reinforcements review

## Summary
- Full year diluted EPS $13.14, adjusted diluted EPS $14.42; Q4 diluted EPS $1.46, adjusted $3.21.
- Roofing segment full-year net sales $4.0B (+10%), EBIT $1.2B with 29% EBIT margin; Composites EBIT fell $256M to $242M.
- Declared 15% dividend increase to $0.60 per common share quarterly.
- Announced definitive agreement to acquire Masonite International (doors) expected mid-2024; reviewing strategic alternatives for $1.3B glass reinforcements business.
- FY2024 outlook: corporate expenses $240-250M, capex ~$550M, D&A ~$550M; Q1 net sales slightly below Q1 2023 with mid-teens margins.

## SEC filing metadata
- accession: 0001370946-24-000044
- form_type: 8-K
- ticker: OC
- cik: 0001370946
- company_name: Owens Corning
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1370946/000137094624000044/0001370946-24-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1370946/000137094624000044/oc-20240214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001370946-24-000044
- JSON: https://secwatch.observer/filing/0001370946-24-000044.json
- Plain text: https://secwatch.observer/filing/0001370946-24-000044.txt

## Key facts
- Earnings Releases
  Owens Corning reported the fourth quarter of 2023 and the fiscal year ended December 31, 2023 results: revenue $9,677 million (full year); $2,304 million (Q4), net income $1,196 million (full year); $131 million (Q4), EPS $13.14 diluted EPS (full year); $1.46 diluted EPS (Q4).
  - Period: the fourth quarter of 2023 and the fiscal year ended December 31, 2023
  - Revenue: $9,677 million (full year); $2,304 million (Q4)
  - Net income: $1,196 million (full year); $131 million (Q4)
  - EPS: $13.14 diluted EPS (full year); $1.46 diluted EPS (Q4)
  - Result: reported results
  source text: by reference into any registration statement or other document pursuant to the Securities Act of 1933. --- EX-99.1 (EX-99.1) --- Owens Corning Delivers Full-Year Net Sales of $9.7 Billion; Generates Earnings of $1.2 Billion and Adjusted EBIT of $1.8 Billion TOLEDO, Ohio – February 14, 2024 - Owens Corning (NYSE: OC), a global building and construction materials
  evidence_url: https://www.sec.gov/Archives/edgar/data/1370946/000137094624000044/0001370946-24-000044-index.htm

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