OC Q3 2023 Earnings — Owens Corning Revenue & Financial Results | Market Cap Arena

OCOwens Corning

$9B

Q3 2023 Earnings

Industrials Construction

Income Statement

Revenue

$2.5B-2.0% YoY

Gross Profit

$767M30.9% margin

Operating Income

$537M21.7% margin

Net Income

$337M13.6% margin

EPS (Diluted)

$3.71

QoQ Revenue Growth

-3.3%

Cash Flow

Operating Cash Flow

$691M

Free Cash Flow

$581M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$11.1B

Total Liabilities

$5.9B

Stockholders' Equity

$5.1B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.5B	-2.0%
Gross Profit	$767M	$682M	+12.5%
Operating Income	$537M	$457M	+17.5%
Net Income	$337M	$470M	-28.3%

Revenue Segments

Roofing

$1.1B42%

Insulation

$913M36%

Composites

$567M22%

Geographic Segments

UNITED STATES

$1.8B74%

Europe

$311M13%

Rest of World

$179M7%

Asia Pacific

$148M6%