Owens Corning (N:OC)
Business Focus: Construction Supplies
| Sector: Consumer Cyclicals | Industry: Construction Supplies & Fixtures |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | One Owens Corning Parkway TOLEDO OH 43659 |
| Tel: | 1-419-2485639 |
| Website: | https://www.owenscorning.com |
| IR: | See website |
| Key People | ||
| Brian D. Chambers Chairman of the Board, President, Chief Executive Officer | Todd W. Fister Chief Financial Officer, Executive Vice President | Nicolas Del Monaco President - Insulation |
| Marcio A. Sandri President - Composites | Gunner S. Smith President - Roofing | Paula J. Russell Chief Human Resource Officer, Executive Vice President |
| Gina A. Beredo Executive Vice President, General Counsel, Corporate Secretary | Jose L. Mendez-Andino Executive Vice President, Chief Research and Development | Mari K. Doerfler Vice President, Controller |
| Business Overview |
| Owens Corning is a provider of building and construction materials. The Company operates through three segments: Roofing, Insulation and Composites. Its Roofing segment manufactures and sells residential roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction and specialty applications. Its Insulation segment manufactures and sells thermal and acoustical batts, loosefill insulation, spray foam insulation, foam sheathing and accessories. Its Composites segment includes vertically integrated material solutions. Its Composites segment includes vertically integrated material solutions and is engaged in manufacturing, fabricating and selling glass reinforcements in the form of fiber. Its glass reinforcement materials are used downstream by this segment to manufacture and sell glass fiber products in the form of non-wovens, fabrics and composite lumber. It operates in the United States, Europe, Asia-Pacific and Rest of world. |
| Financial Overview |
| For the three months ended 31 March 2024, Owens Corning revenues decreased 1% to $2.3B. Net income decreased 22% to $299M. Revenues reflect Composites segment decrease of 11% to $523M, Insulation segment decrease of 2% to $904M, Europe segment decrease of 11% to $296M, Asia Pacific segment decrease of 20% to $111M. Net income also reflects Gain on sale of site decrease from $189M (income) to $0K, Other expenses. |
| Employees: | 18,000 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $16,389M as of Mar 31, 2024 |
| Annual revenue (TTM): | $9,646M as of Mar 31, 2024 |
| EBITDA (TTM): | $2,478M as of Mar 31, 2024 |
| Net annual income (TTM): | $1,112M as of Mar 31, 2024 |
| Free cash flow (TTM): | $1,195M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $1,824M as of Mar 31, 2024 |
| Shares outstanding: | 86,656,546 as of Apr 19, 2024 |
| Index Membership: | S&P 400 Mid Cap |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.