OC Q1 2024 Earnings — Owens Corning Revenue & Financial Results | Market Cap Arena

OCOwens Corning

$9B

Q1 2024 Earnings

Industrials Construction

Income Statement

Revenue

$2.0B-13.5% YoY

Gross Profit

$634M31.4% margin

Operating Income

$417M20.7% margin

Net Income

$299M14.8% margin

EPS (Diluted)

$3.40

QoQ Revenue Growth

-12.5%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

-$128M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$11.3B

Total Liabilities

$6.0B

Stockholders' Equity

$5.2B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$2.3B	-13.5%
Gross Profit	$634M	$615M	+3.1%
Operating Income	$417M	$383M	+8.9%
Net Income	$299M	$383M	-21.9%

Revenue Segments

Roofing

$957M40%

Insulation

$904M38%

Composites

$523M22%

Geographic Segments

UNITED STATES

$1.7B75%

Europe

$297M13%

Rest of World

$167M7%

Asia Pacific

$111M5%