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Owens Corning Delivers Full-Year Net Sales of $11.0 Billion; Generates Earnings of $647 Million and Adjusted EBIT of $2.0 Billion

1. OC reported Q4 and full-year 2024 earnings with $11B net sales and 13% growth. 2. New Doors Business added $1.4B revenue amid strong margins and EPS performance.

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FAQ

Why Bullish?

The robust revenue growth, strong margins, and successful integration of the new Doors Business suggest solid performance. Historically, similar earnings beats have spurred investor optimism and near-term share price gains.

How important is it?

Earnings results with strong revenue and margin performance are material to OC’s outlook and can significantly affect investor sentiment. The data on the Doors Business integration further underpins its potential impact.

Why Short Term?

Earnings announcements typically trigger immediate market reactions, as seen in past strong quarterly results. The clear performance metrics will likely influence trading dynamics in the near-term.

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TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a residential and commercial building products leader, today reported fourth-quarter and full-year 2024 results. Reported Net Sales of $11.0 Billion, a 13% Increase from Prior Year, with Newly Acquired Doors Business Contributing $1.4 Billion in Revenue Generated Net Earnings Margin of 6%, Adjusted EBIT Margin of 19%, and Adjusted EBITDA Margin of 25% Delivered Diluted EPS of $7.37 and Adjusted Diluted EPS of $15.91 Produced Operating Cas.

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