Company research
Owens Corning
CIK 1370946Updated Sep 24, 2026
SecurityOC · NYSE · equity
Name history
Owens Corning (Reorganized) Inc. · through Oct 25, 2006
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Recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 12,980,000,000Source | 14,075,000,000Source | 11,237,000,000Source | 10,752,000,000Source |
| Property, Plant and Equipment, NetUSD | 4,170,000,000Source | 4,164,000,000Source | 3,841,000,000Source | 3,729,000,000Source |
| GoodwillUSD | 1,679,000,000Source | 2,843,000,000Source | 1,392,000,000Source | 1,383,000,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 2,535,000,000Source | 2,688,000,000Source | 1,528,000,000Source | 1,602,000,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 345,000,000Source | 361,000,000Source | 1,615,000,000Source | 1,099,000,000Source |
| Inventory, NetUSD | 1,472,000,000Source | 1,587,000,000Source | 1,198,000,000Source | 1,334,000,000Source |
| Assets, CurrentUSD | 3,345,000,000Source | 3,378,000,000Source | 3,917,000,000Source | 3,556,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 507,000,000Source | 414,000,000Source | 222,000,000Source | 204,000,000Source |
| Other Assets, NoncurrentUSD | 480,000,000Source | 534,000,000Source | 313,000,000Source | 262,000,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 9,087,000,000Source | 8,955,000,000Source | 6,027,000,000Source | 6,131,000,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 1,000,000Source | 1,000,000Source | 1,000,000Source | 1,000,000Source |
| Additional Paid in CapitalUSD | 4,256,000,000Source | 4,228,000,000Source | 4,166,000,000Source | 4,139,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | 4,463,000,000Source | 5,224,000,000Source | 4,794,000,000Source | 3,794,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -437,000,000Source | -691,000,000Source | -503,000,000Source | -681,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 3,853,000,000Source | 5,077,000,000Source | 5,166,000,000Source | 4,575,000,000Source |
| Liabilities and EquityUSD | 12,980,000,000Source | 14,075,000,000Source | 11,237,000,000Source | 10,752,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 2,660,000,000Source | 2,297,000,000Source | 2,324,000,000Source | 2,104,000,000Source |
| Operating Lease, Liability, CurrentUSD | 83,000,000Source | 87,000,000Source | 62,000,000Source | 52,000,000Source |
| Accounts Payable, CurrentUSD | 1,257,000,000Source | 1,430,000,000Source | 1,216,000,000Source | 1,345,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 450,000,000Source | 375,000,000Source | 165,000,000Source | 152,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 737,000,000Source | 719,000,000Source | 427,000,000Source | 388,000,000Source |
| Other Liabilities, NoncurrentUSD | 323,000,000Source | 297,000,000Source | 315,000,000Source | 299,000,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 40,000,000Source | 43,000,000Source | 19,000,000Source | 21,000,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 726,000,000Source | 1,048,000,000Source | 726,000,000Source | 702,000,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 36,000,000Source | 38,000,000Source | 32,000,000Source | 28,000,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 4,687,000,000Source | 5,116,000,000Source | 2,615,000,000Source | 2,992,000,000Source |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | — | 0Source | 25,000,000Source | 25,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -522,000,000Source | 647,000,000Source | 1,193,000,000Source | 1,241,000,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 694,000,000Source | 677,000,000Source | 609,000,000Source | 531,000,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 71,000,000Source | 93,000,000Source | 51,000,000Source | 51,000,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | 65,000,000Source | 43,000,000Source | -148,000,000Source | 287,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | 27,000,000Source | -92,000,000Source | -12,000,000Source | 30,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 1,786,000,000Source | 1,892,000,000Source | 1,719,000,000Source | 1,760,000,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 0Source | 2,857,000,000Source | 6,000,000Source | 417,000,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -765,000,000Source | -3,393,000,000Source | -356,000,000Source | -623,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 9,000,000Source | 4,000,000Source | 18,000,000Source | 16,000,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 815,000,000Source | 491,000,000Source | 657,000,000Source | 795,000,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -1,072,000,000Source | 334,000,000Source | -877,000,000Source | -974,000,000Source |
| Dividends paid | — | — | — | — |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -1,000,000Source | -5,000,000Source | 1,000,000Source | 1,000,000Source |
| Repayments of Long-term DebtUSD | 29,000,000Source | 873,000,000Source | 0Source | 0Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 38,000,000Source | -1,254,000,000Source | 516,000,000Source | 141,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 407,000,000Source | 369,000,000Source | 1,623,000,000Source | 1,107,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 264,000,000Source | — | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 89,000,000Source | -87,000,000Source | 30,000,000Source | -22,000,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 148,000,000Source | 132,000,000Source | 94,000,000Source | 55,000,000Source |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and CurtailmentUSD | 0Source | 0Source | -145,000,000Source | — |
| DepreciationUSD | 503,000,000Source | 503,000,000Source | 481,000,000Source | 447,000,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 3,000,000Source | 1,000,000Source | -2,000,000Source | -4,000,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 3,000,000Source | 1,000,000Source | — | — |
| Gain (Loss) on Disposition of AssetsUSD | -30,000,000Source | — | 0Source | -36,000,000Source |
| Gain (Loss) on Disposition of BusinessUSD | -30,000,000Source | -91,000,000Source | 0Source | -30,000,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | 0Source | 0Source |
| GoodwillUSD | 1,679,000,000Source | 2,843,000,000Source | 1,392,000,000Source | 1,383,000,000Source |
| Goodwill, Impairment LossUSD | 1,135,000,000Source | — | — | 0Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 39,000,000Source | 0Source | 0Source | 96,000,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -188,000,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -188,000,000Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | -334,000,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | — | 0Source | 0Source | 130,000,000Source |
| Income Tax Expense (Benefit)USD | 293,000,000Source | 275,000,000Source | 401,000,000Source | 373,000,000Source |
| Inventory Write-downUSD | 0Source | 18,000,000Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -522,000,000Source | 647,000,000Source | 1,196,000,000Source | 1,241,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 0Source | 0Source | -3,000,000Source | 0Source |
| Operating ExpensesUSD | 2,478,000,000Source | 2,127,000,000Source | 871,000,000Source | 902,000,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 0Source | 1,968,000,000Source | — | 0Source |
| Restructuring CostsUSD | 64,000,000Source | 86,000,000Source | 169,000,000Source | 48,000,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 10,103,000,000Source | 10,975,000,000Source | 9,677,000,000Source | 9,761,000,000Source |
| Cost of RevenueUSD | 7,265,000,000Source | 7,721,000,000Source | 6,994,000,000Source | 7,145,000,000Source |
| Selling, General and Administrative ExpenseUSD | 1,014,000,000Source | — | — | — |
| Operating Income (Loss)USD | 360,000,000Source | 1,127,000,000Source | 1,812,000,000Source | 1,714,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 104,000,000Source | 916,000,000Source | 1,591,000,000Source | 1,614,000,000Source |
| Income Tax Expense (Benefit)USD | 293,000,000Source | 275,000,000Source | 401,000,000Source | 373,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 0Source | 0Source | -3,000,000Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -522,000,000Source | 647,000,000Source | 1,196,000,000Source | 1,241,000,000Source |
| Earnings Per Share, BasicUSD per share | -6.22Source | 7.45Source | 13.27Source | 12.85Source |
| Earnings Per Share, DilutedUSD per share | -6.22Source | 7.37Source | 13.14Source | 12.7Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 84,000,000Source | 86,900,000Source | 90,100,000Source | 96,600,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 84,000,000Source | 87,800,000Source | 91,000,000Source | 97,700,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 148,000,000Source | 132,000,000Source | 94,000,000Source | 55,000,000Source |
| Business Combination, Acquisition Related CostsUSD | — | — | 0Source | 7,000,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 2.86Source | 2.49Source | 2.16Source | 1.57Source |
| Cost, Depreciation and AmortizationUSD | 694,000,000Source | — | — | — |
| Current Income Tax Expense (Benefit)USD | 266,000,000Source | 367,000,000Source | 413,000,000Source | 343,000,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 3,000,000Source | 1,000,000Source | -2,000,000Source | -4,000,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 3,000,000Source | 1,000,000Source | — | — |
| Goodwill, Impairment LossUSD | 1,135,000,000Source | — | — | 0Source |
| Gross ProfitUSD | 2,838,000,000Source | 3,254,000,000Source | 2,683,000,000Source | 2,616,000,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -188,000,000Source | — | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -138,000,000Source | 1,194,000,000Source | 1,360,000,000Source | 1,286,000,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -188,000,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -2.24Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -2.24Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | -334,000,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | — | 0Source | 0Source | 130,000,000Source |
| Interest ExpenseUSD | 256,000,000Source | 212,000,000Source | 76,000,000Source | 109,000,000Source |
| Marketing and Advertising ExpenseUSD | 144,000,000Source | 148,000,000Source | 134,000,000Source | 125,000,000Source |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling InterestUSD | — | — | -1,000,000Source | -2,000,000Source |
| Operating ExpensesUSD | 2,478,000,000Source | 2,127,000,000Source | 871,000,000Source | 902,000,000Source |
| Research and Development ExpenseUSD | 150,000,000Source | 144,000,000Source | 123,000,000Source | 106,000,000Source |
| Restructuring CostsUSD | 64,000,000Source | 86,000,000Source | 169,000,000Source | 48,000,000Source |