Earnings ·
Owens Corning reported second-quarter 2026 financial results, posting net sales from continuing operations of $2.8…
OCOwens Corning
Owens Corning reported second-quarter 2026 financial results, posting net sales from continuing operations of $2.8 billion, consistent with the prior year. Diluted earnings per share from continuing operations were $3.84, while adjusted diluted EPS reached $3.93. The company generated operating cash flow of $398 million and free cash flow of $199 million. Owens Corning returned $264 million to shareholders through dividends and share repurchases, including a quarterly cash dividend payment of $64 million. Management announced the appointment of Jonathan Collins as Executive Vice President and Chief Financial Officer, effective August 10, 2026, succeeding Todd Fister who will become President and Chief Operating Officer. The company also completed the sale of its glass reinforcements business on April 30, 2026. For the third quarter, Owens Corning anticipates revenue between $2.6 billion and $2.7 billion with an adjusted EBITDA margin of approximately 20% to 22%. Owens Corning is a branded building products leader providing roofing, insulation, and doors primarily for residential markets in North America and Europe.