Owens Corning
Owens Corning (OC) Financial Performance & Income Statement Overview
Review Owens Corning (OC) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
Owens Corning (OC) Income Statement & Financial Overview
Access detailed annual and quarterly income data for Owens Corning OC financial performance.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $2.53B | $2.84B | $3.05B | $2.79B |
| Cost of Revenue | $1.80B | $2.04B | $2.14B | $1.92B |
| Gross Profit | $725.00M | $799.00M | $908.00M | $867.00M |
| Gross Profit Ratio | $0.29 | $0.28 | $0.30 | $0.31 |
| R&D Expenses | $0.00 | $43.00M | $36.00M | $34.00M |
| SG&A Expenses | $261.00M | $304.00M | $279.00M | $249.00M |
| Operating Expenses | $318.00M | $1.04B | $399.00M | $410.00M |
| Total Costs & Expenses | $2.12B | $3.08B | $2.54B | $2.33B |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $64.00M | $61.00M | $70.00M | $64.00M |
| Depreciation & Amortization | $159.00M | $194.00M | $185.00M | $167.00M |
| EBITDA | $566.00M | -$48.00M | $694.00M | $625.00M |
| EBITDA Ratio | $0.22 | -$0.02 | $0.23 | $0.22 |
| Operating Income | $407.00M | -$242.00M | $509.00M | $457.00M |
| Operating Income Ratio | $0.16 | -$0.09 | $0.17 | $0.16 |
| Other Income/Expenses (Net) | -$64.00M | -$61.00M | -$70.00M | -$63.00M |
| Income Before Tax | $343.00M | -$303.00M | $439.00M | $394.00M |
| Income Before Tax Ratio | $0.14 | -$0.11 | $0.14 | $0.14 |
| Income Tax Expense | $88.00M | -$43.00M | $120.00M | $110.00M |
| Net Income | -$93.00M | -$258.00M | $321.00M | $285.00M |
| Net Income Ratio | -$0.04 | -$0.09 | $0.11 | $0.10 |
| EPS | -$1.08 | -$2.97 | $3.69 | $3.27 |
| Diluted EPS | -$1.08 | -$2.94 | $3.65 | $3.24 |
| Weighted Avg Shares Outstanding | $85.80M | $87.00M | $87.00M | $87.20M |
| Weighted Avg Shares Outstanding (Diluted) | $86.30M | $87.90M | $87.90M | $88.00M |
The company's financials show resilient growth, with revenue advancing from $2.79B in Q2 2024 to $2.53B in Q1 2025. Gross profit remained healthy with margins at 29% in Q1 2025 compared to 31% in Q2 2024. Operating income hit $407.00M last quarter, sustaining a consistent 16% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $566.00M. Net income rose to -$93.00M, while earnings per share reached -$1.08. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan