Owens Corning ( (OC) ) has released its Q1 earnings. Here is a breakdown of the information Owens Corning presented to its investors.
Owens Corning is a leading company in the building products sector, known for its innovative and sustainable solutions that enhance energy efficiency and durability. The company operates globally, with a significant presence in the roofing, insulation, and doors markets.
In its first-quarter 2025 earnings report, Owens Corning announced a robust 25% increase in net sales from continuing operations, reaching $2.5 billion. This growth was significantly bolstered by the acquisition of a new doors business, contributing $540 million in revenue.
Key financial highlights from the quarter include a net earnings margin of 10% and an adjusted EBITDA margin of 22%. Despite a cash outflow of $49 million from operations and a free cash outflow of $252 million, the company returned $159 million to shareholders through dividends and share repurchases. Owens Corning’s strategic focus on maintaining high safety standards and its upcoming Investor Day event further underscore its commitment to long-term growth.
The company continues to demonstrate resilience with its 19th consecutive quarter of achieving 20% or better adjusted EBITDA margins. Owens Corning’s strategic divestiture of its glass reinforcements business is on track, reinforcing its market leadership in building products. The company anticipates sustained demand in residential repair activities and expects revenue growth in the high-single-digit percentage range for the second quarter of 2025.
Looking ahead, Owens Corning’s management remains optimistic about its ability to deliver strong results in a mixed market environment. The company plans to leverage its structural improvements and market-leading positions to drive growth and shareholder value, while navigating potential economic headwinds in the construction industry.