Owens Corning income statement
In fiscal 2025, Owens Corning reported revenue of $10.10bn, up 2.6% on the year before, operating income of $360m (a 3.6% margin) and net income of −$522m, or −$6.22 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.8 | 5.0 | 5.3 | 5.2 | 5.3 | 5.3 | 5.4 | 5.7 | 6.4 | 7.1 | 7.2 | 7.1 | 8.5 | 9.8 | 8.4 | 9.9 | 10.1 | 9.8 |
| Cost of revenue | — | — | — | — | — | — | — | 4.3 | 4.8 | 5.4 | 5.6 | 5.4 | 6.3 | 7.1 | 5.9 | 6.8 | 7.3 | 7.3 |
| Gross profit | 0.8 | 1.0 | 1.0 | 0.8 | 1.0 | 1.0 | 1.2 | 1.4 | 1.6 | 1.6 | 1.6 | 1.6 | 2.2 | 2.6 | 2.4 | 3.0 | 2.8 | 2.6 |
| Research and development | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 |
| Selling, general and administrative | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.7 | 1.0 | 1.0 | 1.0 |
| Operating income | — | — | — | — | — | 0.4 | 0.5 | 0.7 | 0.8 | 0.8 | 0.8 | −0.1 | 1.4 | 1.7 | 1.6 | 1.5 | 0.4 | 0.1 |
| Interest expense | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.3 | 0.5 |
| Income before tax | 0.1 | 0.1 | 0.4 | −0.0 | 0.3 | 0.2 | 0.5 | 0.6 | 0.6 | 0.7 | 0.6 | −0.3 | 1.3 | 1.6 | 1.4 | 1.3 | 0.1 | −0.2 |
| Income tax | 0.0 | −0.8 | 0.1 | −0.0 | 0.1 | 0.0 | 0.1 | 0.2 | 0.3 | 0.2 | 0.2 | 0.1 | 0.3 | 0.4 | 0.4 | 0.3 | 0.3 | 0.2 |
| Net income | 0.1 | 0.9 | 0.3 | −0.0 | 0.2 | 0.2 | 0.3 | 0.4 | 0.3 | 0.5 | 0.4 | −0.4 | 1.0 | 1.2 | 1.2 | 0.6 | −0.5 | −0.7 |
| Diluted EPS | $0.50 | $7.37 | $2.23 | −$0.16 | $1.71 | $1.91 | $2.79 | $3.41 | $2.55 | $4.89 | $3.68 | −$3.53 | $9.54 | $12.70 | $13.14 | $7.37 | −$6.22 | −$8.24 |
| Diluted shares (average) | 127m | 127m | 124m | 119m | 119m | 118m | 118m | 115m | 113m | 111m | 110m | 109m | 104m | 98m | 91m | 88m | 84m | 81m |
| EBITDA | — | — | — | — | — | 0.7 | 0.8 | 1.0 | 1.2 | 1.2 | 1.2 | 0.4 | 1.9 | 2.2 | 2.2 | 2.2 | 1.1 | 0.8 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,763 | 2,574 | 2,530 | 2,747 | 2,684 | 2,142 | 2,265 | 2,756 |
| Cost of revenue | 1,912 | 1,825 | 1,805 | 1,889 | 1,927 | 1,644 | 1,755 | 1,963 |
| Gross profit | 851 | 749 | 725 | 858 | 757 | 498 | 510 | 793 |
| Research and development | 32 | 40 | 35 | 37 | 39 | 39 | 37 | 35 |
| Selling, general and administrative | 258 | 282 | 261 | 263 | 240 | 250 | 258 | 252 |
| Operating income | 472 | 216 | 407 | 505 | −327 | −225 | 120 | 482 |
| Interest expense | −69 | 356 | 64 | 63 | −65 | 448 | 66 | 69 |
| Income before tax | 403 | 156 | 343 | 442 | −393 | −288 | 54 | 413 |
| Income tax | 118 | 32 | 88 | 110 | 102 | −7 | 15 | 102 |
| Net income | 321 | −258 | −93 | 363 | −494 | −298 | −105 | 226 |
| Diluted EPS | $3.65 | −$2.91 | −$1.08 | $4.25 | −$5.92 | −$3.59 | −$1.29 | $2.80 |
| EBITDA | 657 | 410 | 566 | 677 | −145 | −44 | 294 | 657 |
Compare with peers
- Masco income statement
- Resideo Technologies, Inc. income statement
- Builders Firstsource, Inc. income statement
- UFP Industries Inc income statement
- Lennox International income statement
Head to head: MAS vs OCOC vs REZIBLDR vs OC
More: Building Products stocks compared, Industrials sector, rankings of US companies