OC Q2 2024 Earnings — Owens Corning Revenue & Financial Results | Market Cap Arena

OCOwens Corning

$9B

Q2 2024 Earnings

Industrials Construction

Income Statement

Revenue

$2.5B-2.6% YoY

Gross Profit

$821M32.9% margin

Operating Income

$561M22.5% margin

Net Income

$285M11.4% margin

EPS (Diluted)

$3.24

QoQ Revenue Growth

+23.8%

Cash Flow

Operating Cash Flow

$493M

Free Cash Flow

$336M

Stock-Based Comp.

$39M

Balance Sheet

Total Assets

$15.0B

Total Liabilities

$9.5B

Stockholders' Equity

$5.5B

Cash & Equivalents

$254M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.6B	-2.6%
Gross Profit	$821M	$789M	+4.1%
Operating Income	$561M	$555M	+1.1%
Net Income	$285M	$345M	-17.4%

Revenue Segments

Roofing

$1.1B38%

Insulation

$916M32%

Composites

$546M19%

Doors

$311M11%

Geographic Segments

UNITED STATES

$2.1B77%

Europe

$333M12%

Rest of World

$191M7%

Asia Pacific

$125M4%