OC Q2 2023 Earnings — Owens Corning Revenue & Financial Results | Market Cap Arena

OCOwens Corning

$9B

Q2 2023 Earnings

Industrials Construction

Income Statement

Revenue

$2.6B-1.5% YoY

Gross Profit

$789M30.8% margin

Operating Income

$555M21.7% margin

Net Income

$345M13.5% margin

EPS (Diluted)

$3.78

QoQ Revenue Growth

+10.0%

Cash Flow

Operating Cash Flow

$494M

Free Cash Flow

$372M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$11.0B

Total Liabilities

$5.9B

Stockholders' Equity

$5.0B

Cash & Equivalents

$968M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$2.6B	-1.5%
Gross Profit	$789M	$725M	+8.8%
Operating Income	$555M	$506M	+9.7%
Net Income	$345M	$343M	+0.6%

Revenue Segments

Roofing

$1.1B42%

Insulation

$905M34%

Composites

$620M23%

Geographic Segments

UNITED STATES

$1.9B73%

Europe

$340M13%

Rest of World

$185M7%

Asia Pacific

$158M6%