Owens Corning FY24 net sales up 13% to $11.0B; net earnings down 46%, adjusted EPS up 10%

Owens Corning

2024-FY EPS reported $7.37 revenue$10,975,000,000

Q4 net loss of $258M vs profit $131M YoY; diluted EPS ($2.97); adjusted diluted EPS $3.22 (flat YoY).
Full-year net earnings $647M (-46%); adjusted EBIT $2.038B (+13%); adjusted EBITDA $2.702B (+17%).
Doors segment added $1.448B revenue; sold glass reinforcements business (closing 2025).
Quarterly dividend raised 15% to $0.69/share; returned $638M to shareholders in 2024.
Q1 2025 outlook: revenue from continuing ops to grow mid-20%; EBITDA margin low-20%.

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