OC Q1 2023 Earnings — Owens Corning Revenue & Financial Results | Market Cap Arena

OCOwens Corning

$9B

Q1 2023 Earnings

Industrials Construction

Income Statement

Revenue

$2.3B-0.6% YoY

Gross Profit

$615M26.4% margin

Operating Income

$383M16.4% margin

Net Income

$383M16.4% margin

EPS (Diluted)

$4.17

QoQ Revenue Growth

+2.0%

Cash Flow

Operating Cash Flow

-$164M

Free Cash Flow

-$322M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$10.8B

Total Liabilities

$6.0B

Stockholders' Equity

$4.8B

Cash & Equivalents

$757M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.3B	$2.3B	-0.6%
Gross Profit	$615M	$615M	+0.0%
Operating Income	$383M	$408M	-6.1%
Net Income	$383M	$304M	+26.0%

Revenue Segments

Insulation

$919M38%

Roofing

$895M37%

Composites

$585M24%

Geographic Segments

UNITED STATES

$1.7B72%

Europe

$335M14%

Rest of World

$184M8%

Asia Pacific

$138M6%