Owens Corning Q2 Profit Rises to $333M, Revenue Up 10% to $2.747B.

Owens Corning reported Q2 earnings of $333 million, or $3.91 per share, up from $257 million, or $2.91 per share last year. Revenue rose 10% to $2.747 billion from $2.497 billion last year. Excluding items, adjusted earnings were $360 million or $4.21 per share.

Owens Corning (NYSE: OC) delivered robust second-quarter (Q2) 2025 results, showcasing resilience and strategic execution in a challenging market environment. The company reported net sales from continuing operations of $2.7 billion, a 10% increase year-over-year (YoY), driven by a strong performance in commercial markets and operational efficiency [1].

The company's earnings per share (EPS) from continuing operations stood at $3.91, up from $2.91 in the same period last year. Adjusted EPS, excluding non-recurring items, reached $4.21 per share, indicating a 12% increase. Owens Corning generated an operating cash flow of $327 million and free cash flow of $129 million, reflecting the company's strong cash generation capabilities [1].

Owens Corning's net earnings margin from continuing operations was 12%, while the adjusted EBITDA margin was 26%, marking the 20th consecutive quarter of delivering adjusted EBITDA margins of 20% or higher. The company's operational execution and geographic focus contributed to these strong financial results [1].

The company's enterprise strategy highlights include maintaining a high level of safety performance with a recordable incident rate (RIR) of 0.60, and continuing to sharpen its geographic focus by completing the sale of its building materials business in China and Korea in July. Additionally, the previously announced divestiture of Owens Corning's glass reinforcements business is making progress, targeted for completion in 2025 [1].

Owens Corning returned $279 million to shareholders through dividends and share repurchases during the second quarter, reaffirming its commitment to shareholder value creation. Year-to-date, the company has returned nearly $440 million to shareholders, with a target of $2 billion in returns over 2025 and 2026 [1].

Looking ahead, Owens Corning expects near-term market demand for non-discretionary roofing repair activity to decline in the third quarter, driven by lower storm activity compared to the prior year. The company anticipates revenue from continuing operations to be slightly down to in-line with prior year, approximately $2.7 billion to $2.8 billion, with an adjusted EBITDA margin from continuing operations of approximately 23% to 25% [1].

Owens Corning's strong Q2 performance underscores the company's ability to navigate challenging market conditions and deliver consistent financial results. The company remains focused on leveraging its unique operating model to strengthen market positions, sustain financial performance, and create value for customers and shareholders.

References:
[1] https://finance.yahoo.com/news/owens-corning-delivers-strong-second-100000633.html