Owens Corning Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	11,659	10,975	9,677	9,761	8,498	7,055
Revenue Growth (YoY)	21.69%	13.41%	-0.86%	14.86%	20.45%	-1.47%
Cost of Revenue	8,336	7,700	6,892	7,103	6,266	5,419
Gross Profit	3,323	3,275	2,785	2,658	2,232	1,636
Selling, General & Admin	1,126	1,039	973	787	745	650
Research & Development	164	144	123	106	91	82
Other Operating Expenses	164	194	31	-25	-16	32
Operating Expenses	1,454	1,377	1,127	868	820	764
Operating Income	1,869	1,898	1,658	1,790	1,412	872
Interest Expense	-256	-212	-76	-102	-121	-124
Earnings From Equity Investments	3	6	3	-	1	-
Currency Exchange Gain (Loss)	7	5	-10	28	-4	-2
Other Non Operating Income (Expenses)	-4	-2	-1	-	2	-
EBT Excluding Unusual Items	1,619	1,695	1,574	1,716	1,290	746
Merger & Restructuring Charges	-557	-701	-169	-91	-20	-41
Impairment of Goodwill	-780	-	-	-	-	-944
Gain (Loss) on Sale of Investments	-	-	-	130	-	-
Gain (Loss) on Sale of Assets	-90	-72	189	-45	53	26
Asset Writedown	-	-	-	-96	-	-43
Other Unusual Items	-	-	-	-	-9	-
Pretax Income	192	922	1,594	1,614	1,314	-256
Income Tax Expense	273	275	401	373	319	129
Earnings From Continuing Operations	-81	647	1,193	1,241	995	-385
Minority Interest in Earnings	1	-	3	-	-	2
Net Income	-482	647	1,196	1,241	995	-383
Net Income to Common	-482	647	1,196	1,241	995	-383
Net Income Growth	-	-45.90%	-3.63%	24.72%	-	-
Shares Outstanding (Basic)	85	87	90	97	104	109
Shares Outstanding (Diluted)	85	88	91	98	104	109
Shares Change (YoY)	-3.79%	-3.52%	-6.86%	-6.33%	-3.96%	-1.36%
EPS (Basic)	-5.67	7.45	13.27	12.85	9.61	-3.53
EPS (Diluted)	-5.67	7.37	13.14	12.70	9.54	-3.53
EPS Growth	-	-43.91%	3.46%	33.12%	-	-
Free Cash Flow	1,108	1,245	1,193	1,314	1,087	828
Free Cash Flow Per Share	13.03	14.18	13.11	13.45	10.42	7.62
Dividend Per Share	2.760	2.490	2.160	1.570	1.130	0.980
Dividend Growth	15.00%	15.28%	37.58%	38.94%	15.31%	8.89%
Gross Margin	28.50%	29.84%	28.78%	27.23%	26.27%	23.19%
Operating Margin	16.03%	17.29%	17.13%	18.34%	16.62%	12.36%
Profit Margin	-4.13%	5.90%	12.36%	12.71%	11.71%	-5.43%
Free Cash Flow Margin	9.50%	11.34%	12.33%	13.46%	12.79%	11.74%
EBITDA	2,546	2,562	2,166	2,295	1,901	1,345
EBITDA Margin	21.84%	23.34%	22.38%	23.51%	22.37%	19.06%
D&A For EBITDA	677	664	508	505	489	473
EBIT	1,869	1,898	1,658	1,790	1,412	872
EBIT Margin	16.03%	17.29%	17.13%	18.34%	16.62%	12.36%
Effective Tax Rate	142.19%	29.83%	25.16%	23.11%	24.28%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.