earnings
confidence high
sentiment neutral
materiality 0.70
Owens Corning Q2 net sales $2.8B flat YoY; adjusted EPS $3.93 down 7%; Q3 revenue guidance ~$2.6-2.7B
Owens Corning
2026-Q2 EPS reported
$1.50
revenue$5,021,000,000
- Net sales from continuing ops $2.8B, flat YoY; net earnings margin 11% vs 12% prior year.
- Adjusted diluted EPS $3.93 vs $4.21; adjusted EBITDA margin 24% vs 26%.
- Free cash flow $199M, up 54% YoY; returned $264M to shareholders via dividends and buybacks.
- Completed sale of glass reinforcements business on April 30, 2026; achieved $135M run-rate cost synergies from Doors acquisition.
- Q3 2026 outlook: revenue ~$2.6-2.7B, adjusted EBITDA margin ~20-22%; expects $40M incremental costs from Iran conflict.